FRANKFURT: German business confidence dropped more than economists predicted to the lowest level since October as weaker growth and escalating tensions in Ukraine weigh on the outlook for Europe’s lar
SAN FRANCISCO: Amazon.com Inc’s message to investors has always been clear: Trust in founder and CEO Jeff Bezos.
Mobily has launched its latest bundle for roaming services, allowing customers to design it in accordance with their needs.
NEW YORK: Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.
SAN FRANCISCO: Internet retail titan Amazon has reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than 10 percent.
SEOUL: South Korea’s Kia Motors said its second-quarter profit fell 13.3 percent year on year, as a pick-up in sales was offset by a stronger won that hurt exports.
NEW YORK: Xerox Corp. reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business.
SHANGHAI: The eastern Chinese city of Suzhou isn’t even the biggest in Jiangsu province, yet it’s joining a national rush for the sky with what’s slated to become the world’s third-tallest building.
LONDON: Part-nationalized Royal Bank of Scotland boosted its chances of an earlier than expected return to private ownership, posting a surprise 1 billion pound ($1.7 billion) second-quarter profit as
LONDON: British support services and construction company Carillion made a bold move to capitalize on its successes with a possible 3 billion pound ($5.1 billion) merger with infrastructure firm Balfo
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