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Instagram to test new shopping feature

Facebook Inc's Instagram said that it will start tests next week on a new shopping feature through which users can buy products from US-based retailers via the photo-sharing app.
2 November 2016, 18:00 PM

US auto sales fall in October

US auto sales fell in October, in a fresh sign of slowing in the industry as American automakers struggle to maintain recent high levels of demand.
2 November 2016, 18:00 PM

German unemployment hits new low

Unemployment in Germany sank in October to a new low since unification in 1990, official data showed Wednesday, as Europe's top economy surprised analysts with a robust outlook.
2 November 2016, 18:00 PM

Divided Fed to leave rates untouched as US vote looms

Despite some division in its ranks, the US Federal Reserve is expected to leave interest rates unchanged Wednesday as policymakers gathered in the shadow of the hotly contested presidential election.
2 November 2016, 18:00 PM

Boeing, Airbus trade barbs as China competition heats up

Aerospace giants Boeing and Airbus took potshots at one another at the Zhuhai air show, as the US and European rivals seek to capture more of China's booming aircraft market.
2 November 2016, 18:00 PM

India to launch clean energy equity fund of up to $2b

The Indian government and three state-run firms will jointly set up an equity fund of up to $2 billion for renewable energy companies to tap into to help New Delhi meet its clean energy goals, two government sources told Reuters on Wednesday.
2 November 2016, 18:00 PM

StanChart says faces probe over work on Hong Kong IPO

Standard Chartered could face "financial consequences" after an investigation in Hong Kong over its role in an initial public offering, the firm said as it reported more disappointing earnings results which sent its share price tumbling.
2 November 2016, 18:00 PM

Duty-free access to UK to continue until Brexit: envoy

Bangladesh will continue to get duty privilege to the UK under the European Union's Everything But Arms scheme until Brexit formally
31 October 2016, 18:00 PM

VW says expects five-digit number of job cuts

Volkswagen expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker's human resources chief.
30 October 2016, 18:00 PM

Bangladesh holds potential to attract huge FDI: ICCB

Bangladesh can attract huge foreign direct investment if the country can implement major infrastructure projects in time and government agencies become more proactive, said the International Chamber of Commerce-Bangladesh or ICCB.
30 October 2016, 18:00 PM

Madoff trustee reaches $277m accord with money manager's family

The court-appointed trustee liquidating Bernard Madoff's firm said on Friday he has reached a settlement with the family of late Beverly Hills money manager Stanley Chais that will provide more than $277 million to victims of Madoff's Ponzi scheme.
30 October 2016, 18:00 PM

EU, Canada sign long-delayed trade deal after Belgian drama

Canadian Prime Minister Justin Trudeau and European Union leaders on Sunday finally signed a landmark trade deal seven years in the making, after it was nearly being torpedoed by a small region of Belgium.
30 October 2016, 18:00 PM

Opec meets non-Opec nations for oil talks, Russia still on board

Officials from Opec and non-member oil producing countries met on Saturday aiming to build support for an Opec plan to reduce output one day after Opec members were unable to agreed on how to implement the deal.
30 October 2016, 18:00 PM

Zimbabwe 'bond notes' stir hyperinflation fears

Zimbabweans know the risks of worthless money all too well after hyperinflation between 2007 and 2009 gave them the 100-trillion-dollar banknote that barely bought a loaf of bread.
30 October 2016, 18:00 PM

Tesla expands its portfolio to produce solar roof tiles

Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes.
29 October 2016, 18:00 PM

German inflation hits two-year high in October

German inflation picked up again in October to reach a two-year high, data showed Friday, suggesting the European Central Bank's unprecedented stimulus measures to boost prices may be delivering.
29 October 2016, 18:00 PM

Hurricane Matthew damages in Haiti tally nearly $2b

Hurricane Matthew's devastating passage over southern Haiti on October 4 caused nearly $2 billion in damages, Haitian authorities announced Friday.
29 October 2016, 18:00 PM

S&P confirms British rating, warns on Brexit

Standard & Poor's maintained Friday its rating for Britain, having removed its coveted 'AAA' status after the June 23 EU exit referendum, and warned again over the impact of Brexit.
29 October 2016, 18:00 PM

Spain's growth slowed but remained firm in third quarter

Spain's growth slowed but remained firm in the third quarter, official data showed Friday, just as the country emerges from 10 months of political crisis with the conservatives set to head up a minority government.
29 October 2016, 18:00 PM

Belgium drama over, EU and Canada to sign trade deal

EU nations approved a landmark free-trade deal with Canada late Friday, clearing the way for its signing after a drama that saw Belgian regions threaten to torpedo years of negotiations.
29 October 2016, 18:00 PM