Business / World Business

3 more ships with grain depart Ukraine ports under UN deal 05 Aug 2022 - 07:06 pm

ISTANBUL: Three more ships carrying thousands of tons of corn left Ukrainian ports Friday, in the latest sign that a negotiated deal to...

Amazon to buy Roomba-maker iRobot for $1.65 billion 05 Aug 2022 - 06:39 pm

Amazon.com Inc. said it would buy IRobot Corp., maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push...

Russia bans Western investors from selling banking, key energy stakes 05 Aug 2022 - 05:36 pm

MOSCOW: Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the...

Meta makes bond-market debut with $10 billion jumbo deal 04 Aug 2022 - 11:10 pm

Meta Platforms Inc., one of the few S&P 500 companies without debt, is selling $10 billion in its first-ever corporate bond sale as...

Italy asks bidders to recast proposals for Ita Airways 04 Aug 2022 - 10:49 pm

ROME: Italy has asked bidders willing to take over Ita Airways to come up with improved proposals, the economy minister said on Thursday,...

Three grain ships plan to set out from Ukrainian ports: Turkish minister 04 Aug 2022 - 10:33 pm

ISTANBUL: Turkish Defence Minister Hulusi Akar said there are plans for three ships to set out from Ukrainian ports on Friday under the...

Credit Suisse mulls cutting thousands of jobs globally, report says 04 Aug 2022 - 03:41 pm

Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. The...

Alibaba jumps most in six weeks before earnings amid tech rally 04 Aug 2022 - 11:29 am

Alibaba Group Holding Ltd. led Chinese tech stocks higher on Thursday as investors repositioned ahead of its quarterly results, though caution remained about...

Toyota shares drop after sticking to conservative profit outlook 04 Aug 2022 - 09:57 am

Toyota Motor Corp. kept its profit outlook for the current year, underscoring the carmaker’s concerns over its ability to produce vehicles amid parts...

Inspectors OK 1st Ukraine grain ship but no sign yet of more 03 Aug 2022 - 06:45 pm

ISTANBUL: The first grain ship to leave Ukraine and cross the Black Sea under a wartime deal passed inspection on Wednesday in Istanbul...

First grain ship to leave Ukraine anchors off Turkish coast 02 Aug 2022 - 10:09 pm

ISTANBUL: The first grain-carrying ship to leave Ukrainian ports in wartime safely anchored off Turkey's coast on Tuesday, while a senior official said...

Toyota unit falsified emissions data from at least 2003, probe finds 02 Aug 2022 - 04:22 pm

TOKYO: A major affiliate of Japan's Toyota Motor Corp(7203.T)falsified emissions data on some engines going back to at least 2003, more than a...

TD to buy Cowen for $1.3 billion to bulk up capital-markets unit 02 Aug 2022 - 03:16 pm

Toronto-Dominion Bank agreed to buy US brokerage Cowen Inc. for $1.3 billion in cash, bulking up its presence in American capital markets just...

Revlon gets court approval for $1.4 billion bankruptcy loan 01 Aug 2022 - 08:40 pm

Revlon Inc received a U.S. bankruptcy judge's permission on Monday to proceed with a $1.4 billion loan, over an objection by junior creditors...

Financiers called to revive The Carlton Centre—one of Africa’s tallest buildings 01 Aug 2022 - 08:20 pm

South Africa’s state-owned port and rail company Transnet SOC Ltd. is gauging interest from developers to rejuvenate a half-century-old building that is also...

British Airways stops ticket sales on some Heathrow flights 01 Aug 2022 - 07:18 pm

British Airways halted ticket sales on some short-haul services out of London Heathrow airport through next Monday to make room for passengers who’ve...