LONDON: In the high-tech, gadget-addicted world of investment banking, layoffs are becoming more complex and brutal as firms try to stop sensitive data...
LONDON: In the high-tech, gadget-addicted world of investment banking, layoffs are becoming more complex and brutal as firms try to stop sensitive data...
A woman looks at her wallet in front of a Hana Bank branch office in central Seoul. South Korea’s economy grew by 0.2...
LONDON: Using shadowy middle men, multiple bank accounts and a fleet of ghost ships, Iran’s coal trade is quietly booming as the Islamic...
DOHA: Gulf International Services (GIS) or the largest service group in Qatar, with interests in a broad cross-section of industries, ranging from insurance,...
TASH BASHAT, Kyrgyzstan: Kyrgyzstan’s leader welcomed growing Russian investment in his impoverished nation yesterday in a ceremony to kick off the construction of...
SHANGHAI: Aluminum stockpiles in the main trading regions in China have climbed to the highest level in two years as growth in supply...
NEW YORK: Earnings season may be only half over, but the focus on profits should subside next week as investors turn their attention...
LONDON: Most commodity prices fell this week, buckling under pressure from poor US company results, weak economic data, demand worries and concerns over...
MUMBAI: ICICI Bank, India’s second- largest lender, said quarterly profit jumped 30 percent, beating analysts’ estimates as bad loans fell and lending rose....
LONDON: Europe’s first direct curbs on ultrafast trading and investors who take bets on commodity prices moved a step nearer when the EU’s...
Seoul: Samsung Electronics said yesterday that net profit almost doubled to a record 6.6 trillion won ($5.97bn) in the third quarter, powered by...
WASHINGTON: The world’s spare oil production capacity outside of Iran rose in last two months as petrol demand waned in the United States...
WASHINGTON: The US economy picked up steam in the third quarter, led by a surge in government spending, but remains stuck in the...
LONDON: Kweku Adoboli, the UBS trader accused of gambling away $2.3bn, sobbed in a London court yesterday, saying he had spent every waking...
RABAT: Morocco, facing slower growth and effects of the economic crisis in European partners, aims to attract investments from the the Gulf which...
A man looks at NEC Corp’s computer displayed at an electronics store in Tokyo. NEC turned an operating loss of 7.88bn yen ($98m)...
MADRID: Spain announced yesterday that its jobless rate broke the 25-percent barrier for the first time in modern history as austerity cuts squeezed...
NEW YORK: Some of the biggest names in US industry are cutting back staff and shutting plants in Europe as the continent is...
