Business / World Business

Fiat Chrysler in talks with Uber over driverless cars: report 08 Jun 2016 - 03:57 pm

Milan: Italo-American car giant Chrysler Fiat (FCA) is in talks with Uber Technologies over a possible driverless car partnership, after signing a similar...

Amazon's Jeff Bezos bets on India with $3 bn investment 08 Jun 2016 - 09:25 am

Jeff Bezos, (R), CEO of Amazon, is presented with the 2016 USIBC Global Leadership Award by Indian Prime Minister Narendra Modi during the...

China data fails to impress Hong Kong, Shanghai but Tokyo swings 08 Jun 2016 - 08:11 am

Hong Kong: China said imports fell at their slowest pace in 19 months in May, fuelling hopes of a pick-up in demand in...

UK exporters would face £5.6 bln Brexit customs bill: WTO 07 Jun 2016 - 03:16 pm

London: British exporters would face an extra £5.6 billion ($8.2 billion, 7.2 billion euros) of annual customs duties if the country votes to...

India bank's Rajan jokes over future as rates held 07 Jun 2016 - 10:28 am

Reserve Bank of India (RBI) Governor Raghuram Rajan is seen in a TV camera's viewfinder as he attends a news conference after the...

India's central bank holds interest rates 07 Jun 2016 - 09:31 am

RBI Governor Raghuram Rajan attends a news conference after their bimonthly monetary policy review in Mumbai, India. REUTERS/Danish Siddiqui Mumbai: India's central bank...

US firms 'increasingly unwelcome' in China 07 Jun 2016 - 08:47 am

Chinese vice premier Wang Yang (2nd R), US Treasury Secretary Jacob Lew (2nd L) and China's State Councillor Yang Jiech (R) look as...

Lew raps China on excess steel production 06 Jun 2016 - 08:15 am

File photo of US Treasury Secretary Jack Lew at a press conference. Reuters Beijing: US Treasury Secretary Jack Lew called on China Monday...

Russian hopes for Iran trade boom run aground at Caspian port 05 Jun 2016 - 10:13 am

Russian President Vladimir Putin (L) speaks with his Iranian counterpart Hassan Rouhani during a signing ceremony after the talks in Tehran, Iran, November...

Jaguar Land Rover sues Chinese automaker over Evoque copycat: source 03 Jun 2016 - 03:43 pm

Customers look at a Range Rover Evoque car outside a dealership in Beijing, China, February 17, 2012. REUTERS/Jason Lee/File Photo Claims Chinese firm...

Philippines keen on raising debt via sukuk, yuan borrowings 03 Jun 2016 - 02:29 pm

By Manolo Serapio Jr and Enrico Dela Cruz MANILA: The Philippines’ incoming finance minister is looking at raising debt via sukuk bonds and...

Early days, but Apple Pay struggles outside US 03 Jun 2016 - 09:53 am

Signs are placed on a table to show how to pay using the Apple Pay service at an Apple store in Beijing. By...

Cutting corners? China SUV makers forego safety feature 03 Jun 2016 - 09:52 am

By Jake Spring In China’s booming sport utility vehicle (SUV) market, many automakers are selling cars without electronic stability control (ESC) as a...

UBS tells bankers ‘take two’ in bid to get the balance right 03 Jun 2016 - 09:51 am

By Anjuli Davies and Pamela Barbaglia Investment bankers at UBS can now take at least two hours of “personal time” a week in...

Ecuador quake to cost $3.4B in repairs 02 Jun 2016 - 09:56 am

By Senabri Silvestre SANTO DOMINGO, Dom. Rep.: Reconstruction from an earthquake in Ecuador in April will costs $3.4 billion, the country’s National Secretary...

Tourism spending jumps in Cyprus 01 Jun 2016 - 05:53 pm

Nicosia: The Mediterranean holiday island of Cyprus recorded a 24-percent hike in key tourism revenues in March, its highest monthly percentage rise this...

Australia to sell bitcoins confiscated as proceeds of crime 31 May 2016 - 12:23 pm

By ROD McGUIRK CANBERRA: About $13 million in bitcoins will be auctioned in Sydney in June after Australian police confiscated the digital currency...