NEW YORK: Democratic presidential candidate Hillary Clinton has proposed US corporate tax reforms including a sliding scale for capital gains taxes, greater transparency for stock buybacks and changes
CAIRO: Egypt began Saturday the first trial run of its “new Suez canal,” officials and state media said, ahead of the formal inauguration of the new shipping route next month.
KARACHI: Pakistan’s central bank maintained its benchmark interest rate at 6.5 percent on Saturday amid an ongoing drop in inflation pressures, the governor said.
NEW YORK: After a strong opening for the second-quarter reporting season, US stocks reversed course on a raft of earnings disappointments as Wall Street succumbed to lack of confidence this week.
WASHINGTON: The US housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.Or will it?
LONDON: Oil prices neared four-month lows on Friday, set for their fourth straight week of declines, after data showed a contraction in China’s factory sector and the dollar rose against a basket of c
NEW YORK: The battered energy sector may begin to brighten a little as companies report second-quarter results, but barring a big increase in the price of oil, the sector won’t be able to sustain even
LONDON: Gold slid more than 1 percent on Friday to its lowest since early 2010 as fresh strength in the dollar prompted another wave of selling, putting the metal on course for its biggest weekly loss
ISTANBUL: The lira’s weekly losses against the dollar reached almost 4 percent on Friday as Turkish air strikes in Syria and nationwide police raids on militants fueled investor concerns about Turkey’
NEW YORK: Fiat Chrysler Automobiles has issued a safety recall for 1.4 million US cars and trucks after hackers demonstrated that they could remotely control their systems while they are in operation.
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