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EU court backs France ban of Uber service
The EU's top court on Tuesday backed the right of member states like France to ban a service by ridesharing firm Uber without notifying Brussels, in a fresh setback to the US giant.
10 April 2018, 18:00 PM
Xi vows to further open China economy as US trade spat simmers
Chinese President Xi Jinping pledged on Tuesday to lower car tariffs this year and take other steps to open the world's number two economy "wider and wider", addressing major complaints by the United States in a simmering trade row.
10 April 2018, 18:00 PM
Indonesia's Lion Air buying 50 Boeing 737s
Indonesia's Lion Air is buying 50 Boeing 737 MAX 10 airplanes in a deal valued at about $6.2 billion, the firms said Tuesday, as the carrier looks to cash in on a transport boom in the Southeast Asian nation.
10 April 2018, 18:00 PM
Pidilite to set up second plant in Bangladesh
Pidilite Speciality Chemicals will set up its second manufacturing plant in Mymensingh, which will be operational from early 2019.
9 April 2018, 18:00 PM
Xiaomi wants component suppliers to invest in India
China's Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as $2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.
9 April 2018, 18:00 PM
Xiaomi wants component suppliers to invest in India
China's Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as $2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.
9 April 2018, 18:00 PM
China blames US for trade frictions, says negotiations currently impossible
China stepped up its attacks on the Trump administration on Monday over billions of dollars worth of threatened tariffs, saying Washington is to blame for trade frictions and repeating it was impossible to negotiate under “current circumstances”.
9 April 2018, 18:00 PM
Top Goldman banker at day, DJ at night
DAVID Solomon, soon to be the sole No. 2 to Goldman Sachs Group Inc's Chief Executive Officer Lloyd Blankfein, still finds time to pursue a beloved hobby: spinning records at big-city nightclubs under the handle DJ D-Sol.
9 April 2018, 18:00 PM
Trump sees trade deal with 'friend' Xi
US President Donald Trump on Sunday said he sees an end to the escalating trade dispute with China, after tit-for-tat retaliatory tariffs and threats that rattled markets.
8 April 2018, 18:00 PM
Aramco takes step to integrating petrochems into biggest refinery in US
Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery, which is operated by its subsidiary Motiva Enterprises.
8 April 2018, 18:00 PM
Crisis-hit Deutsche Bank to push out British CEO
Trouble-plagued Deutsche Bank is to oust its British CEO John Cryan and replace him with one of his deputies Sunday, media reported, in a bid to get Germany's biggest lender back on track after years in crisis.
8 April 2018, 18:00 PM
Norway unions, employers agree wage deal, averting strike
Norway's private-sector trade unions reached a deal on Sunday with employers over wages, pensions and other compensation, averting the outbreak of major strikes, a state-appointed mediator said after five days of negotiations.
8 April 2018, 18:00 PM
Dubai firm denies Alibaba trademark infringement
A Dubai-based cryptocurrency company called Alibabacoin Foundation has rebuffed allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding in a US lawsuit last week.
8 April 2018, 18:00 PM
Egyptian court allows Uber and Careem to continue operations
An Egyptian court ruled on Saturday that a judicial decision to suspend the licenses of ride-hailing companies Uber and Careem should not be applied, allowing them to continue their work, judicial sources said.
8 April 2018, 18:00 PM
Dubai splashes billions on mega projects ahead of expo
Dubai is splashing tens of billions of dollars on infrastructure and hospitality projects related to the international trade fair Expo 2020, Dubai-based BNC Network said in a report published Sunday.
8 April 2018, 18:00 PM
German industrial orders disappoint in February
Industrial orders in Germany rose slightly in February after a steep drop the previous month, official data showed Thursday, pointing to lost momentum in Europe's largest economy.
5 April 2018, 18:00 PM
Canada's foreign minister travels to US for Nafta talks
Canadian Foreign Minister Chrystia Freeland will be in Washington on Thursday and Friday to join in talks on renegotiating the North American Free Trade Agreement, according to her office.
5 April 2018, 18:00 PM
RBI holds rates; cheers markets by trimming inflation view
The Reserve Bank of India kept its policy rates on hold on Thursday and retained its “neutral” stance but lowered its inflation call, reducing the odds of a near-term rate rise and spurring a rally in stocks and bonds.
5 April 2018, 18:00 PM
Almost 80pc of UK firms pay men more than women
Almost eight out of 10 companies and public sector bodies operating in Britain pay men more than women overall, said data published Thursday confirming long-standing gender inequality in the workplace.
5 April 2018, 18:00 PM
China says it never backs down in the face of threats after trade salvos with US
China has never surrendered to external pressure and it will win any trade war with the United States, the nation's state media stressed in a series of editorials and columns in the hours after the world's two top economies targeted each other with steep tariffs.
5 April 2018, 18:00 PM