Business

Zurich: ABB warned that global economic uncertainty is clouding the outlook of the Swiss maker of power grids as fourth-quarter profit came in below...

Sydney: Rio Tinto Group will pay a much higher dividend than expected and buy back $500 million of shares after the world’s second-biggest mining company...

Washington: Volkswagen Group of America on Tuesday announced a US subsidiary that will manage $2 billion in investments in zero emission vehicle (ZEV)...

Montreal: The Canadian government on Tuesday announced C$372.5 million ($283 million) in repayable loans for two of Bombardier Inc's jet programmes,...

Washington: Trade deficit in the US fell more than expected in December as exports rose to their highest level in more than 1-1/2 years, outpacing an...

Berlin: Protectionism is the wrong answer to the challenges facing the world, and Germany must fight to safeguard free trade, which guarantees wealth and...

Beijing: China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six...

New York: India’s central bank played an "admirable role" in bringing "incredible" stability to the rupee in the face of...

Shanghai: China stocks edged lower on Wednesday, after foreign exchange reserves fell below a psychological level, weighing on already fragile investor...

Muscat: Oman’s Council of Ministers has ordered a price freeze on the country’s most popular fuel after calls for an urgent review of escalating...