Business

London: Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book...

New Delhi: Iran will do its best to ensure security of oil supply to India by offering "flexible measures" to boost bilateral trade, a statement...

London: New US sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European...

Hong Kong/New York: The US Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE Corp, allowing China's second-largest...

New York: Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain...

Washington: The Federal Reserve on Friday pointed to "solid" US economic growth during the first half of the year in its semi-annual report to...

Los Angeles: Chinese imports to US ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an...

London: Financial firms in Britain who need a base in the European Union after Brexit should apply for a licence as soon as possible in case of a disorderly...

Abuja: Nigeria's President Muhammadu Buhari said on Wednesday the country will sign up soon to a $3 trillion African free-trade agreement. Nigeria is...

Beijing/Washington: China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade...