Japan’s SoftBank to merge US mobile carriers Sprint with T-Mobile : report
Japan’s SoftBank to merge US mobile carriers Sprint with T-Mobile : report

Japan's SoftBank has reached a broad accord to merge its US subsidiary Sprint with T-Mobile Japan’s SoftBank has reached a broad ...

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Britain's Vauxhall cars to cut 400 jobs: PSA spokesman
Britain's Vauxhall cars to cut 400 jobs: PSA spokesman

French carmaker PSA announced on March 6, 2017, the acquisition of General Motors' European subsidiary, which includes the Opel and ...

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Russia to link Iran to global payment systems
Russia to link Iran to global payment systems

Iran says a cooperation agreement has been signed with a Russian provider of banking technological solutions to connect the country’s fina...

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Samsung Electronics CEO Kwon Oh-Hyun resigns, even as record profits expected
Samsung Electronics CEO Kwon Oh-Hyun resigns, even as record profits expected

(FILES) This file photo taken on June 21, 2016 shows Kwon Oh-Hyun, Vice Chairman and CEO of Samsung Electronics, speaking during the “Inte...

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Tesla recalls Model X vehicles for seat fix
Tesla recalls Model X vehicles for seat fix

Tesla has announced a recall of some Model X vehicles to fix a potential safety issue with rear seats which might shift in a crash Te...

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Global economy chiefs told to reform while going is good
Global economy chiefs told to reform while going is good

World Bank President Jim Yong Kim speaks at the opening of the annual World Bank-International Monetary Fund meetings in Washington. ...

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US stocks retreat from records as Europe eyes Catalan crisis
US stocks retreat from records as Europe eyes Catalan crisis

Wall Street took a breather after a record-breaking run Wall Street stocks retreated from records Thursday as investors soured on financ...

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Study finds European Union suffered €30 billion from Russia sanctions
Study finds European Union suffered €30 billion from Russia sanctions

A new research shows the economic sanctions against Russia by the European Union have already cost the European countries around €30 billi...

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International Monetary Fund: Saudi Arabia's economy stagnant as unemployment rises
International Monetary Fund: Saudi Arabia's economy stagnant as unemployment rises

Investors monitor stock exchange at the Saudi Stock Exchange, or Tadawul. (file photo) The International Monetary Fund (IMF) says Saud...

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High gas prices contribute to US wholesale price hike
High gas prices contribute to US wholesale price hike

Gasoline pumps are wrapped in plastic ahead of the arrival of Hurricane Irma September 9, 2017 in Fort Lauderdale, Florida. (AFP) US pro...

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China pushing for electric cars in major market shift
China pushing for electric cars in major market shift

China has the world's worst air pollution caused by cars that run on fossil fuel. A top Chinese official says the government is push...

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Whites dominate top roles in UK companies: Green Park Study
Whites dominate top roles in UK companies: Green Park Study

Most of Britain's top 100 companies prefer to have all-white boardrooms, a study has found. (File photo) Almost six in 10 of the m...

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‘Saudi-led enforcement blockade stopping cash flights, strangling Yemen’s economy’
‘Saudi-led enforcement blockade stopping cash flights, strangling Yemen’s economy’

In this file photo, a Yemeni woman and her children beg drivers for money. (Photo by Getty Images) The Central Bank of Yemen has censure...

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US President Donald Trump outbursts wipe $1 trillion off markets
US President Donald Trump outbursts wipe $1 trillion off markets

The recent escalation in the Korean crisis has dampened interest in risk assets such as equities and industrial commodities. US Presiden...

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Russia vows move to cut reliance on US payment systems and the dollar
Russia vows move to cut reliance on US payment systems and the dollar

Russia says it plans to speed up work on reducing its dependence on US payment systems and the dollar. Russia will speed up work on redu...

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China's July foreign exchange reserves rise to above $3tn
China's July foreign exchange reserves rise to above $3tn

China’s foreign exchange reserves increased to a nine-month high in July in what appears to have been much higher than what the analysts h...

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US auto giant General Motors recalls 800,000 trucks worldwide over steering defect
US auto giant General Motors recalls 800,000 trucks worldwide over steering defect

General Motors Chevrolet Silverado year model 2014. (Photo by AP) US auto giant General Motors has recalled nearly 800,000 pickup trucks...

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