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Toyota chief shifts gear, to boost electric vehicle division
Toyota Motor Corp on Wednesday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.
30 November 2016, 18:00 PM
India's economy grows 7.3pc in Q2
India's economy grew by 7.3 percent in the second quarter of the financial year, according to official figures published Wednesday that fell slightly short of analysts' expectations.
30 November 2016, 18:00 PM
British wage growth looks 'dreadful' after Brexit: IFS
Britain's wage growth prospects look "dreadful", a leading think tank says, after official economic forecasts shows workers are unlikely to recoup losses suffered after the financial crisis within the next five years.
25 November 2016, 06:10 AM
Eurozone business activity points to solid growth: survey
Eurozone business activity picked up strongly in November to a 11-month high, with Germany powering the economy in Europe, a closely-watched survey showed Wednesday.
23 November 2016, 18:00 PM
World economy needs Trump to build bridges, not burn them: experts
President-elect Donald Trump's big-spending plan to revitalise US infrastructure could be just the ticket to drag the world economy out of its post-crisis torpor, experts say.
23 November 2016, 18:00 PM
Pakistan economy growing... but is it enough?
Shah Nawaz walks Karachi's dusty streets, one of thousands in the financial hub who are being fed by charities as Pakistan's economy picks up pace -- but, some say, not fast enough for its poverty-stricken millions.
23 November 2016, 18:00 PM
Long bank queues in India? There's an app for that!
Huge bank queues have become an ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago -- but now you can hire-a-queuer online.
23 November 2016, 18:00 PM
What kind of world do you want to live in?
Our world is changing with unprecedented rapidity. Technology, demography, climate change and globalisation are mega-trends that seem to be powering ahead, creating uncertainty and, in some cases, fear of change.
23 November 2016, 18:00 PM
Automakers seek to cut inventories with Black Friday
Automakers in the United States are ramping up holiday sales promotions ahead of Black Friday, aiming to clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand.
23 November 2016, 18:00 PM
Bangladesh to import 200,000 tonnes of wheat from Russia
Bangladesh will import 200,000 tonnes of wheat from Russia in a government-to-government deal, the head of the state grains buyer said on Tuesday, as South Asia's top wheat buyer builds its reserves.
23 November 2016, 18:00 PM
US opens door to oil exports after year of pressure
The Obama administration bows to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps expected to unleash a wave of ultra-light shale oil onto global markets.
19 November 2016, 07:44 AM
India's gold traders on edge as Modi fights black money
Some Indian gold traders are placing bulk, short-term import orders on fears that Prime Minister Narendra Modi might soon add curbs on overseas purchases of the metal to his withdrawal of high-denomination banknotes in his fight against 'black money', traders and jewellers said.
16 November 2016, 18:00 PM
UK real estate giants fall into red on Brexit
Real estate giants British Land and Land Securities sank into the red in the first half of 2016, partly hit by sliding commercial property prices after the shock Brexit vote.
16 November 2016, 18:00 PM
IMF urges further Kuwait subsidy reforms
Kuwait must enact further subsidy reforms to trim its budget deficit resulting from low oil prices despite political sensitivity, the International Monetary Fund has said.
16 November 2016, 18:00 PM
Finland pining for post-Nokia economic champion
Nokia was once the motor of Finland's economy, but since the demise of the company's mobile phone business the Nordic country has struggled to find a new engine for growth.
16 November 2016, 18:00 PM
WhatsApp suspends giving Facebook European user data
WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter said Tuesday.
16 November 2016, 18:00 PM
Opec pushes for consensus on oil cut, gaps narrowing
Opec officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, Opec sources said, a sign of progress in finalizing the exporter group's first such deal since 2008.
16 November 2016, 18:00 PM
Dollar hits 14-year high as Trump- fuelled bond sell-off resumes
The dollar hit a 14-year high against a basket of currencies on Wednesday as a post-US election sell-off resumed across global bond markets, lifting Treasury yields and attracting investors to the US currency.
16 November 2016, 18:00 PM
Even short of extremes, Trump protectionism damaging: economists
While his advisors have played down some of President-elect Donald Trump's most extreme trade threats as negotiating tactics, economists remain worried about the potential to inflict real damage.
16 November 2016, 18:00 PM
Oil wars: how Kremlin's $13b Indian deal almost fell apart
A multi-billion-dollar Russian deal to buy Indian refiner Essar was nearly sunk at the eleventh hour by a rival bid from Saudi Arabia as the two oil superpowers vie for supremacy across the world.
16 November 2016, 18:00 PM