Business

Brussels: The European Commission warned Italy, France, Portugal and Belgium on Friday that their 2018 draft budget plans posed risks to meeting EU debt and...

Moscow: Russia's improving economy has removed the main impetus for privatisations planned for this year, allowing policymakers who always doubted the...

Athens: Greece expects to beat creditors' projections and achieve a higher primary surplus this year and buoyant growth in 2018, authorities said, as...

Washington: The US economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade...

Rome: Credit ratings agency Standard & Poor's (S&P) unexpectedly raised its sovereign rating for Italy to BBB on Friday, the first such increase by S&P...

Caracas: Venezuelan state oil company PDVSA began making a major bond payment due on Friday, easing short-term worries about default but leaving the...

San Francisco: Apple quashed concerns of muted demand for its iPhone X on Friday, saying pre-orders for the 10th anniversary phone were "off the...

San Francisco: Elon Musk was fed up. The seats on Tesla Inc's new Model X SUV were a mess. An outside contractor was having trouble executing the...

Madrid: Spanish Economy Minister Luis De Guindos said on Thursday he sees economic growth of just above 3 percent this year despite a secession bid by the...

Muscat: A share purchase agreement to acquire an additional 12.1 per cent stake in Kuwait's Mobile Telecommunications (Zain) Company was signed by Oman...