DUBAI/LONDON: A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they...
DUBAI/LONDON: A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they...
BERLIN: Germany posted a record-breaking ¤21bn surplus in the first half of 2015 but has turned a deaf ear to criticism from home...
Rio de Janeiro: Brazil has slipped into recession, the government said yesterday, deepening the gloom in the world’s seventh largest economy already battered...
Sydney: Australian supermarket giant Woolworths yesterday posted a 12.5 percent slide in full-year net profit and announced its chairman was stepping down, just...
Caption NEW YORK: An interest rate hike next month seems less appropriate given the threat posed to the US economy by recent global...
People walking in Johannesburg inner city. South Africa’s economy shrunk in the second quarter, official statistics Pretoria: South Africa’s economy unexpectedly shrank in...
A view of the copper/uranium/gold/silver processing plant of BHP Billiton near the Olympic Dam mine in South Australia. Sydney: Global mining giant BHP...
A jewellery vendor selects gold items for a customer in Jakarta yesterday. LONDON: Gold fell more than one percent yesterday after an interest...
Dieter Zetsche, Daimler CEO and other members of the board are flanked on stage by two Mercedes sports cars during the annual news...
Men look at newspapers at a road side stall in central Tehran, Iran, yesterday. TEHRAN: Royal Dutch Shell will repay a $2bn debt...
SYDNEY: When Ron Buxton bought his sprawling five-bedroom property in Sydney’s Castle Hill for A$87,000 in 1979, his was one of only two...
A ‘for sale’ sign in front of a home in Miami, Florida. According to the National Association of Realtors, US home resales rose...
The New York Stock Exchange in New York City. The Dow fell over 500 points in trading on Friday as global markets continue...
The world's emerging economies are allowing their currencies to slide in a quest to remain competitive, following China's devaluation of the yuan and...
Police remove evidence from the house of Mark Karpeles, the head of defunct Bitcoin exchange MtGox, in Tokyo on August 3, 2015. TOKYO:...
An investor looks up in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, China August...
London: Ryanair could potentially be on the hook for millions of pounds in compensation after a British court yesterday confirmed that passengers have...
Astana, Kazakhstan: The Asian Development Bank (ADB) said yesterday it had approved a $1bn loan for energy-rich Kazakhstan after the Central Asian country’s...
