Eurozone banks jump   on last chance for  cheap ECB loans

Eurozone banks jump on last chance for cheap ECB loans

24-Mar-17
553

FRANKFURT: Banks rushed for a final round of cheap long-term loans from the European Central Bank, the Frankfurt institution said ...

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As Trump targets energy rules, oil firms downplay their impact

As Trump targets energy rules, oil firms downplay their impact

24-Mar-17
599

BOSTON: President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy ...

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Kenya sells first ever mobile government bonds   

Kenya sells first ever mobile government bonds  

24-Mar-17
502

NAIROBI: Kenya, a pioneer in mobile money, on Thursday began selling the first ever government bonds via mobile phone, allowing an ...

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Ford lowers profit forecast as US auto boom ebbs   

Ford lowers profit forecast as US auto boom ebbs  

24-Mar-17
517

NEW YORK: US auto giant Ford said Thursday its first quarter earnings would come in well below analysts' expectations, as it proje ...

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Despite Trump push, healthcare vote   going to the wire

Despite Trump push, healthcare vote going to the wire

24-Mar-17
510

WASHINGTON: Donald Trump faces a reckoning Thursday as US lawmakers vote on his presidency's biggest legislative test, the Republican plan to repea ...

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Young Chinese jet set shop at Hong Kong’s Art Basel

Young Chinese jet set shop at Hong Kong’s Art Basel

24-Mar-17
538

HONG KONG: Huang Xiaoshuai and his wife last year splashed out $70,000 for a large painting of fish by Oscar-winning actor Adrien Brody -- part of ...

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Tillerson alias emails from his ExxonMobil era prove elusive   

Tillerson alias emails from his ExxonMobil era prove elusive  

24-Mar-17
499

NEW YORK: Emails sent under a pseudonym by current US Secretary of State Rex Tillerson when he was still CEO of ExxonMobil, and which are sought by ...

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South Korea throws shipbuilder Daewoo new $6 billion lifeline

South Korea throws shipbuilder Daewoo new $6 billion lifeline

24-Mar-17
528

SEOUL: South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's financial crisis ...

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Inflation fears take shine  off German  consumer morale   

Inflation fears take shine off German consumer morale  

24-Mar-17
493

FRANKFURT AM MAIN: Consumers in Germany are more confident about the economy and keen to spend money, but concerned about the impact of inflation o ...

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Bulgaria’s economy: a tale of extremes

Bulgaria’s economy: a tale of extremes

24-Mar-17
582

LOVECH: Bent over the machines for hours with headphones to block out the whirring noise, textile workers in Bulgaria, which holds elections Sunday ...

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Most Asia markets see recovery after big losses

Most Asia markets see recovery after big losses

24-Mar-17
491

HONG KONG: Most Asian markets edged up and the dollar saw a small recovery on Thursday as investors tracked a bounce in New York, with focus now on ...

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With Sears’ future   in doubt, vendors begin pulling back

With Sears’ future in doubt, vendors begin pulling back

24-Mar-17
500

Suppliers to Sears Holdings Corp told Reuters they are doubling down on defensive measures, such as reducing shipments and asking for better paymen ...

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Oil up from four-month lows, inventories curb recovery   

Oil up from four-month lows, inventories curb recovery  

24-Mar-17
523

LONDON: Oil prices climbed off four-month lows on Thursday but the recovery was cautious with investors fretting that OPEC-led supply cuts were not ...

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American Airlines to buy stake in China carrier   

American Airlines to buy stake in China carrier  

24-Mar-17
579

SHANGHAI: American Airlines is in advanced talks to buy a $200 million stake in Asia's biggest airline China Southern, reports said Thursday, as it ...

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Trump Tantrum looms on Wall Street if healthcare effort stalls

Trump Tantrum looms on Wall Street if healthcare effort stalls

24-Mar-17
586

NEW YORK: The Trump Trade could start looking more like a Trump Tantrum if the new US administration's healthcare bill stalls in Congress, promptin ...

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Westinghouse’s clients gear up for bankruptcy fight: sources

Westinghouse’s clients gear up for bankruptcy fight: sources

24-Mar-17
547

The US utilities that are clients of Toshiba Corp's nuclear power plant construction subsidiary, Westinghouse Electric Co LLC, have hired advisers ...

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China-backed bank approves 13 new members   

China-backed bank approves 13 new members  

24-Mar-17
545

 

BEIJING: The China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members includ ...

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In war-scarred Gaza, water pollution behind health woes

In war-scarred Gaza, water pollution behind health woes

24-Mar-17
557

GAZA CITY: More and more Gazans are falling ill from their drinking water, highlighting the humanitarian issues facing the Palestinian enclave that ...

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Laptop ban hits Gulf airlines in battle for business travellers

Laptop ban hits Gulf airlines in battle for business travellers

24-Mar-17
565

LONDON: A ban on laptops in plane cabins bound for the United States from some cities could deal a blow to the big, fast-growing Gulf airlines, whi ...

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US new home sales hit seven-month high; jobless claims rise

US new home sales hit seven-month high; jobless claims rise

24-Mar-17
374

WASHINGTON: New US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery continued to gain mome ...

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