World Business

BERLIN: Adidas AG forecast record soccer sales this year as business is boosted by the month-long European championship being played...

TOKYO: Mitsubishi Motors Corp said it would book a charge of ￥50 billion (US$480 million) this fiscal year to compensate...

NEW YORK: Just like in the 1930s, growth is being constrained by companies unwilling to spend, falling inflation expectations and...

WASHINGTON: HSBC Finance, an HSBC bank subsidiary, has agreed to pay more than $1.57 billion to settle a lawsuit over...

WASHINGTON: U.S. consumer prices see slower growth in May, but core prices index which excludes energy and food prices continued...

KIEV: Business confidence in Ukraine's investment environment has increased to its highest level in more than four years on the...

NEW YORK: Goldman Sachs Group Inc is causing headaches for fellow Wall Street banks that are trying to offload US$3...

SYDNEY: Virgin Australia is tapping investors in a cash call worth more than 80 percent of its market value, aiming...

NEW DELHI: Telangana has reported a 27.45% growth in own tax revenues, probably highest among the states, during the first...

ABUJA: Inflation in Nigeria rose to a more than six-year high in May, hitting 15.6 percent, the National Bureau of...

WASHINGTON: Unemployment in Scotland fell by 11,000 between February and April and now stands at 160,000, according to official figures....

ALMATY: Kazakhstan's foreign trade surplus fell to $3.8 billion in January-April 2016 from $6.1 billion in the same period of...

SYDNEY: Foreigners buying homes in Sydney are to face a new property tax from next week when New South Wales...

WASHINGTON: US retail sales rose strongly in May as Americans bought cars and a range of other goods, even as...

HANOI: Vietnam, the world's largest robusta producer, exported 162,000 tonnes (2.7 million 60-kg bags) of coffee in May, down 12.9...

WASHINGTON: The city's unemployment rate stood at 6.6 per cent in May, according to Statistics Canada labour market survey numbers...

LIMA: Peru's Exporters Association (ADEX) Chairman Juan Varilias stated that  Peru's fresh chili and pepper (capsicum) exports will amount to...

WASHINGTON: Due to the record paces of barley export in the first half of the current season, April export volume...

WASHINGTON: Colombian thermal coal exports climbed to 7.4 million mt in May, posting a 10% increase on levels seen in...

HARARE: The government has imported over 100,000 tonnes of maize worth $12.7 million since last October under the drought relief...