Business / World Business

Finland hopes for new growth from shrunken forest industry 30 Mar 2016 - 09:54 am

A maintenance truck seen at UPM-Kymmene's biofuel plant in Lappeenranta, Finland, March 9, 2016. REUTERS/JUSSI ROSENDAHL BY JUSSI ROSENDAHL LAPPEENRANTA: It has created...

Spotify raises $1 bln in funding: report 30 Mar 2016 - 09:52 am

Washington: Music streaming giant Spotify has raised $1.0 billion in convertible debt from investors, with strict conditions, the Wall Street Journal reported late...

Boeing says it will cut about 4,000 jobs by mid-2016 30 Mar 2016 - 09:50 am

The Boeing logo is seen at their headquarters in Chicago, April 24, 2013. REUTERS/JIM YOUNG Boeing Co will eliminate about 4,000 jobs in...

India's Tata Steel puts British business up for sale 30 Mar 2016 - 09:39 am

Workers leave the Tata Steel plant in Motherwell, Scotland, Britain in this October 20, 2015 file photo. REUTERS/Russell Cheyne/Files By Promit Mukherjee MUMBAI:...

Honda and Takata’s stealth airbag fix 30 Mar 2016 - 12:00 am

Visitors walk past a logo of Takata Corp on its display at a showroom for vehicles in Tokyo, Japan in this February 5,...

Volkswagen sued by US over deceptive diesel advertising 29 Mar 2016 - 06:23 pm

By David McLaughlin Volkswagen AG was sued by the U.S. Federal Trade Commission for allegedly deceiving consumers by promoting "clean diesel" vehicles that...

NBC sells $1 billion in ads for Rio Olympics 29 Mar 2016 - 06:01 pm

NBC, a unit of Comcast Corp, said it had sold $1 billion in national ads for the Summer Olympics in Rio de Janeiro,...

Ikea's enigmatic founder, Ingvar Kamprad, turns 90 29 Mar 2016 - 05:48 pm

This file photo taken on November 15, 2006 shows Swedish furniture giant IKEA founder Ingvar Kamprad (C) with two of his employees during...

Ghana central bank governor to step down early at end-March 29 Mar 2016 - 05:13 pm

Bank of Ghana Governor Henry Kofi Wampah. Photo courtesy: starrfmonline.com Wampah struggled with inflation, currency decline. Helped negotiate IMF programme to foster stability....

Pakistan regulator launches modaraba overhaul 29 Mar 2016 - 12:14 pm

Pakistan's capital market regulator is intervening to improve the performance of modarabas, equity-like financing vehicles that are a small but significant part of ...

Yahoo sets deadline for buyers to present preliminary bids: report 29 Mar 2016 - 09:11 am

San Francisco: Yahoo Inc. has given prospective buyers until April to present preliminary offers for some of its assets, the Wall Street Journal...

Starwood weighs improved takeover bid from China's Anbang 28 Mar 2016 - 05:27 pm

New York: Starwood Hotels & Resorts said Monday it was weighing an improved takeover bid from a group led by Chinese insurer Anbang...

UAE banks agree "mini insolvency law" to help struggling SMEs 28 Mar 2016 - 02:40 pm

DUBAI, March 28 (Reuters) - Banks in the United Arab Emirates will suspend legal action against small and medium sized enterprises (SMEs) struggling...

Japan lends $400m to Sri Lanka for airport expansion 28 Mar 2016 - 12:48 pm

Colombo: Japan has loaned $400 million to Sri Lanka to build a new terminal at the island's main international airport which suffers congestion...

Insight: With crisis plans and cuts, British bosses brace for Brexit 28 Mar 2016 - 11:18 am

A general view shows the shop floor at FSG Tool and Die Limited in LLantrisant, Wales, March 15, 2016. REUTERS/REBECCA NADEN By Kate...

A cricket tournament that’s in a financial league of its own 28 Mar 2016 - 10:40 am

By Colin Simpson Many of the world’s top cricketers will gather in India next month to compete in a league that didn’t exist...

Hon Hai denies reports Sharp bailout deal to be signed March 31 27 Mar 2016 - 11:47 am

By Shigeru Sato, Takashi Amano and Andrea Tan Hon Hai Precision Industry Co., Foxconn Technology Group’s flagship company, on Sunday denied media reports...