WASHINGTON: US consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut...
WASHINGTON: US consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut...
TOKYO: Tokyo yesterday approved $10.7bn in fresh spending to help boost Japan’s limp economy, just weeks before an election the ruling party is...
NEW YORK: Brent crude prices hovered near unchanged yesterday in choppy, end-of-month trading as investors monitored developments in US budget talks and Middle...
PARIS: France’s state-owned Caisse des Depots bank and the investment arm of Qatar’s sovereign fund yesterday announced the signing of an agreement to...
Electric smart two-seater cars on display during the presentation of what the organisers say are the largest electric car sharing fleet in Germany....
LONDON: Europe’s main stock markets mostly slid yesterday, with persistent concerns over the US “fiscal cliff” offsetting the German parliament’s approval of the...
NEW DELHI: India’s economic growth eased to 5.3 percent in the July-September quarter, extending a slowdown since the start of the year, data...
PARIS: A mammoth battle of brinkmanship could leave the world’s top world steelmaker ArcelorMittal hobbled and damage France’s business climate if the government...
LONDON: The world’s first pan-African low-cost carrier Fastjet enjoyed keen demand on its first day of commercial operations, it said in a statement...
NEW DELHI: Bharti Infratel, the telecom tower arm of India’s leading mobile phone company Bharti Airtel, announced plans yesterday to raise up to...
SEOUL: South Korean consumer electronics giant Samsung Electronics Co is taking aim at its Japanese rivals with an Android-powered digital camera that allows...
LONDON: Opec crude oil output has declined in November to its lowest since January because of disruptions to Nigerian output and reduced supplies...
WASHINGTON: The US economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer...
NEW DELHI: Norway’s state-run telecom giant Telenor said yesterday that it expects to achieve financial break-even on its mobile operations in India by...
TOKYO: A mobile phone that monitors the user’s skin condition, checking for blemishes and colour, was unveiled in beauty-conscious Japan yesterday. The “Hada...
ABU DHABI: A long-awaited law to allow further foreign ownership of companies in the United Arab Emirates (UAE) is unlikely to be passed...
People walk past the Bombay Stock Exchange (BSE) building in Mumbai yesterday. Doha: Qatar Exchange index was down 34.75 points or 0.41 percent...
GENEVA: The effects of Superstorm Sandy which devastated parts of the Northeastern US and the Caribbean last month are deepening an already dire...
