Business

New Delhi: India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as Rs78 billion ($1.2 billion)...

Muscat: His Majesty Sultan Qaboos bin Said received President Dr. Hassan Rouhani of the Islamic Republic of Iran who arrived here on a one-day business...

Tokyo: After a chaotic day of earnings, it’s become clearer Toshiba may soon end up a shadow of its former self. Buried in company presentation materials...

Paris: Credit Agricole posted a slump in fourth-quarter profit after it booked a goodwill writedown at its French consumer-banking unit and trading revenue...

New York: SoftBank Group is buying alternative-asset manager Fortress Investment Group for $3.3 billion in cash to operate alongside the Japanese...

Singapore: Temasek Holdings pared its investment in Alibaba Group Holding for a second consecutive quarter while emerging as a shareholder of oil and gas...

New York: The US economy will get a small boost in 2017 from President Donald Trump's planned deregulation and fiscal stimulus, a Reuters poll showed,...

Washington: The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she...

Beijing: Chinese banks kept up a strong pace of lending at the start of the year, even with signs of tightening by the central bank, highlighting the...

Amsterdam: ABN Amro, the Netherlands' largest domestic lender, on Wednesday posted fourth-quarter net profit of 333 million euros ($352 million),...