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US economy adds 235,000 new jobs in February

The US economy had another strong month of job creation in February, the Labor Department reported Friday -- a result sure to boost already high expectations that the Fed will raise interest rates next week.
11 March 2017, 18:00 PM

German trade surplus rises alongside US tensions

Germany's trade surplus ticked upwards in January, official data showed Friday, as attacks from the Trump White House over the nation's export strength intensify.
11 March 2017, 18:00 PM

Volkswagen pleads guilty in US court in diesel emissions scandal

Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the US Justice Department in January over the automaker's diesel emissions scandal.
11 March 2017, 18:00 PM

Rain brings smile to tea planters in Sylhet region

The heavy rain on Thursday came as a boost for the tea gardens in Sylhet as the shower could help the owners avoid the fall in output caused normally by drought at this time of the year.
11 March 2017, 18:00 PM

Paris region orders French spoken on building sites

The Paris region has passed a new rule obliging labourers on public building sites to use French, copying action taken elsewhere in France to squeeze out foreign workers.
11 March 2017, 18:00 PM

Canada jobless rate falls to 6.6pc in February

Canada's jobless rate fell slightly to 6.6 percent in February as 15,000 net new jobs were added and fewer people searched for work, the government statistical agency said Friday.
11 March 2017, 18:00 PM

Singer launches energy efficient refrigerator

Home appliances brand Singer has introduced energy efficient and environment friendly refrigerators with R600a gas.
11 March 2017, 18:00 PM

Uber works to mend relationship with regulators

Uber Technologies Inc is working to mend its relationship with regulators as pressure mounts for the company to improve its business practices and temper Chief Executive Travis Kalanick's aggressive leadership style.
9 March 2017, 18:00 PM

Indian inflation seen picking up in February

Indian inflation likely picked up for the first time in seven months in February as rising food prices began to bite, but it remained below the central bank's medium-term target, a Reuters poll found.
9 March 2017, 18:00 PM

Alibaba seeks $5b loan amid tech financing rush

Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters' Basis Point, amid a flurry of fund-raising by China's tech giants.
9 March 2017, 18:00 PM

Japan hopes to leave farms out of US economic talks: sources

Japan will push to leave agriculture out of its first economic talks with the Trump administration next month, sources say, hoping to prevent thorny topics such as its heavily protected farm industry from blocking other negotiations.
9 March 2017, 18:00 PM

Sri Lanka to scale back port deal with China

Cash-strapped Sri Lanka is to scale back a profitable but controversial deal to sell a deep-sea port to a Chinese company after widespread protests, the ports minister said Thursday.
9 March 2017, 18:00 PM

Some Indian banks risk skipping coupon payments: Fitch

Some Indian banks are at risk of skipping coupon payments on their capital instruments despite recent easing of rules by the central bank and capital injection by the government into state-run lenders, Fitch Ratings said on Thursday.
9 March 2017, 18:00 PM

Samsung Group chief denies all charges as 'trial of the century' begins

The head of South Korea's Samsung Group, Jay Y. Lee, denies all charges against him, his lawyer said on Thursday, at the start of what the special prosecutor said could be the "trial of the century" amid a political scandal that has rocked the country.
9 March 2017, 18:00 PM

Australia sues Audi, Volkswagen over emissions cheating

Australia's consumer watchdog Wednesday launched court action against Volkswagen and its subsidiary Audi over an emissions cheating scandal, claiming they engaged in misleading or deceptive conduct.
8 March 2017, 18:00 PM

India's Flipkart looking to raise $1b in latest funding round

India's top e-commerce company Flipkart is holding talks with investors to raise up to $1 billion in one of its biggest funding rounds so far, a source familiar with developments said on Wednesday.
8 March 2017, 18:00 PM

Oil drops further below $56

Oil dropped further below $56 a barrel on Wednesday after an industry report pointed to a large rise in crude inventories in the United States, renewing oversupply concerns despite Opec output curbs.
8 March 2017, 18:00 PM

SWIFT messaging system bans North Korean banks blacklisted by UN

Belgium-based SWIFT said on Wednesday it has stopped providing financial services to all North Korean banks under UN sanctions, as international tensions rise over Pyongyang's increasingly aggressive military behaviour.
8 March 2017, 18:00 PM

Online shopping delivers strong 2016 for Deutsche Post

Online shopping helped boost profits last year at German logistics group Deutsche Post, while the owner of the DHL express delivery firm said Wednesday that improved efficiency should ensure further gains this year.
8 March 2017, 18:00 PM

Japan's economy grows revised 0.3pc in Q4

JAPAN'S economy expanded by a revised 0.3 percent in the last quarter of 2016, government data showed Wednesday, as company investment and a weaker yen propped up growth.
8 March 2017, 18:00 PM