Business

Cairo: When Egypt announced plans to develop renewable power in 2014, investors piled in, drawn by year-round sunshine and chronic electricity shortages....

Munich: Mercedes-Benz is planning its own distinct line of electric vehicles, challenging BMW and Tesla Motors in a bet that alternative-fuel cars have the...

London: When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority. Back then, the...

Washington: US employment increased more than expected in July and wages picked up, which should bolster expectations of an acceleration in economic growth...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to President Abdel Fattah el-Sisi of the Arab Republic of Egypt on the death of...

New Delhi: Prime Minister Narendra Modi this week won India’s biggest economic reform in decades. Now economists are trying to calculate the cost. After...

Jakarta: Indonesia’s second-quarter growth beat expectations as President Joko Widodo’s government embarked on a spending spree to boost an economy...

Istanbul: The fate of billions of dollars in investments in Turkish bonds hangs in the balance as Moody’s Investors Service prepares to reveal whether...

London: The European Central Bank (ECB) is letting a pall of secrecy hang over the health of some of the continent’s banks. While fellow regulator the...

London: The chief executive of Japanese carmaker Nissan said future investment decisions about Britain's biggest car plant will depend on the terms of a...