Business

Caracas: Venezuela's hyperinflation has turned the struggling Opec nation's once-powerful banks into warehouses of useless cash that are worth a...

Muscat: A significant increase in financial fraud in the Middle East was reported by a recent study in which 34 per cent of respondents reported such cases,...

London: British public borrowing fell to a 16-year low during the financial year just ended, according to official data which may increase pressure on...

London: Online streaming services like Spotify and Apple Music have become the recording industry's single biggest revenue source, overtaking physical...

Washington: US consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the...

Washington: US President Donald Trump said on Tuesday that a new North American Free Trade Agreement (NAFTA) could be agreed quickly, as Canada hailed...

London: Iran is on track to launch a new aluminium smelter early next year that would boost the country's output by 70 per cent, making it...

Riyadh: Saudi Arabia aims to generate 35 billion to 40 billion riyals ($9 billion to $11 billion) in non-oil revenues from its privatisation programme by...

San Francisco: Alphabet Inc's Google unveiled on Wednesday its first Gmail redesign since 2013, capping what the company says was an expensive overhaul...

Paris: French retailer Carrefour has struck a five-year purchasing alliance with peer Systeme-U, stealing a march over rivals in a deal that will make...