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World

Jun 02, 2016
The car hire service Uber has attracted a $3.5bn (£2.43bn) investment from Saudi Arabia's Public Investment Fund. The money will help it to expand in the Middle East, where the…
May 24, 2016
Axa, the world's largest insurer, will stop investing in the tobacco industry and sell investments worth more than €1.7bn (£1.3bn). AXA is major global insurance company that traces its roots…
May 19, 2016
Honda Motor said its full-year net profit dropped by a third, pressured by the exploding airbag crisis at key supplier Takata that has led to a worldwide recall. Tokyo-based Honda…
May 18, 2016
Japan's economy has dodged a recession after it grew faster than expected in the first three months of the year. Gross domestic product in the world's third-largest economy grew at…
May 10, 2016
When Iggesund Paperboard’s Workington Mill in Cumbria, UK, took the decision to invest in a bio mass boiler in order to switch its energy sourcing from fossil fuels to biomass,…
May 09, 2016
French oil company Total plans to buy battery manufacturer Saft, extending its push into new energy technologies, the companies said in a joint statement. French oil company Total plans to…
May 03, 2016
 Many say success is a journey, not a destination, but according to JLL’s latest report – the destination is everything. JLL’s Destination Retail report, which looks at the top cities…
May 02, 2016
Oil prices fell on Monday as rising production in the Middle East outweighed a decline in the U.S. output and a sliding dollar, while Morgan Stanley warned that an emerging…
Apr 25, 2016
Iran and South Africa inked eight memorandum of understanding (MoUs) to enhance economic relations. President Jacob Zuma The documents were signed in the presence of Iranian President Hassan Rouhani and…
Apr 20, 2016
Toshiba Corporation today announced that Toshiba Transmission & Distribution Systems (India) Pvt. Ltd. (TTDI) has been awarded a US$34-million contract by Kenya Power & Lighting Company (KPLC), the operator of…
Apr 19, 2016
Shoppers may soon get back a few extra seconds at checkout. In response to complaints about the waiting periods caused by new chip-enabled credit and debit cards, Visa Inc. on…
Apr 16, 2016
The New Development Bank (NDB), formed by the BRICS group of emerging nations, has approved its first loans - $811 million (£570.8 million) for renewable energy projects in Brazil, China,…
Apr 15, 2016
China posted its slowest economic growth since 2009 but a surge of new debt appears to be fuelling a recovery in factory activity, investment and household spending in the world's…
Apr 12, 2016
Oil prices dipped in early Asian trade on Tuesday, but both U.S. and international crude futures held above $40 per barrel ahead of a meeting of major producers to discuss…

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