Business

Berlin: Germany's unemployment rate hit a record low in May as jobless numbers fell, data showed, reflecting the robustness of a labour market that has...

Dubai: Dubai is exempting companies from administrative fines in a fresh effort to stimulate business, which has been dampened by new taxes and slumping...

London: Martin Sorrell is staging a comeback just six weeks after he was ousted from WPP, using the same formula as in the 1980s when he transformed a shell...

Hong Kong: Chinese conglomerate HNA Group's Hong Kong Airlines is considering an initial public offering in the "short to medium term" and...

Beijing: The International Monetary Fund kept its forecast for China's 2018 economic growth unchanged at 6.6 per cent on Wednesday, but warned that...

Shanghai/Beijing: China on Wednesday lashed out at Washington's unexpected statement that it will press ahead with tariffs and restrictions on...

Paris: The prospect of a trade war is threatening the global growth outlook, which otherwise is on course for a 40-year low in unemployment, the OECD said...

Frankfurt/Washington: Bayer won US approval for its planned takeover of Monsanto after agreeing to sell about $9 billion in assets, clearing a major hurdle...

Beirut: Lebanon's central bank said on Tuesday it sold $3.022 billion of Eurobonds, more than three times the $1 billion it had planned to sell, with...

Muscat: The Council of Ministers yesterday issued a statement about the adverse climatic conditions that prevailed over the governorates of Dhofar and Al...