UK finance minister warns leaving EU would hurt pensions

  LONDON: British pensioners would be hundreds of pounds a year worse off if the co...

Apple must outsource locally to open stores in India: report

(file photo / AFP) By Siddhartha Singh and Saritha Rai India’s finance minist...


Microsoft to stop smartphone manufacturing, 1,850 jobs could go

Microsoft's Finnish headquarters in Espoo. (AFP / Lehtikuva / Vesa Moilanen) &nb...

Taiwan says it has no schedule for resuming China trade talks

Taiwanese President Tsai Ing-wen speaks at a Democratic Progressive Party (DPP) meeting in ...

India's Tata Steel considers bids for British assets

Tata Steel factors in the UK. AFP   Mumbai: Britain's business minister ...

Outsourcing firm Serco forecasts higher full-year profit

By Esha Vaish British outsourcing firm Serco Group Plc forecast 2016 profit ahea...

Volkswagen, US make ‘substantial progress’ toward final deal: judge

  By Alexandria Sage and David Shepardson   SAN FRANCISCO/WASHINGTON: Volk...

Brexit fears spook German investors in May: ZEW institute

Frankfurt: Investor confidence in Germany fell unexpectedly in May as uncertainty o...

More challenges than cheer for Apple chief on Asia tour

A handout photograph released by the Indian Press Information Bureau (PIB) shows Apple Chie...

Toyota to recall 1.6 mn more US cars over Takata airbags

Toyota logo on a car. Reuters     Los Angeles: Toyota said it will reca...

Singapore kicks out Swiss bank linked to Malaysia's 1MDB

  Singapore: Singapore's central bank on Tuesday said it was kicking ou...

Know-your-customer check  must be ‘an ongoing process’

Gary Collyer, Managing Director, Collyer Consulting Global, giving a presentation at a work...

Rupee has longest losing streak in five years as stocks retreat

(file photo / Reuters)   By Kartik Goyal  India’s rupee fell f...

Bayer targets GM giant Monsanto in biggest German takeover bid

  Berlin: German chemicals giant Bayer said Monday it had offered $62 bi...

BP's oil search strategy shrinks with budget cuts

  By Ron Bousso and Dmitry Zhdannikov LONDON: The surprise departur...

No pain, no gain: M&S boss to map out rocky road to recovery

  A Marks & Spencer logo is seen on a shop in downtown Brussels, Belgium March ...

China's HNA  to buy up to 20 percent of Portugal's TAP

  Lisbon: Chinese aviation and tourism giant HNA will buy up a stake of up...

G7 warns of Brexit 'shock' to global economy

Germany's Federal Minister of Finance Wolfgang Schaeuble (R) and Governor of the Deutsc...

How do bank payments work in the euro zone?

  FRANKFURT: Cyber attacks on banks from Bangladesh to Ecuador are raising ...

Be prepared to stabilise pound on Brexit, top FX players advise BoE

  By Patrick Graham LONDON: If Britain opts to leave the EU on June 23, the Bank...

Philippine economy grows 6.9 percent in first quarter

  MANILA, Philippines: Officials say the Philippine economy grew faster than ex...