Egyptian court allows Uber and Careem to continue operations

An Egyptian court ruled on Saturday that a judicial decision to suspend the licenses of ride-hailing companies Uber and Careem should not be applied, allowing them to continue their work, judicial sources said.
8 April 2018, 18:00 PM

Dubai splashes billions on mega projects ahead of expo

Dubai is splashing tens of billions of dollars on infrastructure and hospitality projects related to the international trade fair Expo 2020, Dubai-based BNC Network said in a report published Sunday.
8 April 2018, 18:00 PM

Trump sees trade deal with 'friend' Xi

US President Donald Trump on Sunday said he sees an end to the escalating trade dispute with China, after tit-for-tat retaliatory tariffs and threats that rattled markets.
8 April 2018, 18:00 PM

Aramco takes step to integrating petrochems into biggest refinery in US

Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery, which is operated by its subsidiary Motiva Enterprises.
8 April 2018, 18:00 PM

German industrial orders disappoint in February

Industrial orders in Germany rose slightly in February after a steep drop the previous month, official data showed Thursday, pointing to lost momentum in Europe's largest economy.
5 April 2018, 18:00 PM

Canada's foreign minister travels to US for Nafta talks

Canadian Foreign Minister Chrystia Freeland will be in Washington on Thursday and Friday to join in talks on renegotiating the North American Free Trade Agreement, according to her office.
5 April 2018, 18:00 PM

RBI holds rates; cheers markets by trimming inflation view

The Reserve Bank of India kept its policy rates on hold on Thursday and retained its “neutral” stance but lowered its inflation call, reducing the odds of a near-term rate rise and spurring a rally in stocks and bonds.
5 April 2018, 18:00 PM

Almost 80pc of UK firms pay men more than women

Almost eight out of 10 companies and public sector bodies operating in Britain pay men more than women overall, said data published Thursday confirming long-standing gender inequality in the workplace.
5 April 2018, 18:00 PM

China says it never backs down in the face of threats after trade salvos with US

China has never surrendered to external pressure and it will win any trade war with the United States, the nation's state media stressed in a series of editorials and columns in the hours after the world's two top economies targeted each other with steep tariffs.
5 April 2018, 18:00 PM

In Africa, scant data protection leaves internet users exposed

In Kenya, which has a large and fast growing population of internet users, there are no specific laws or regulations to protect the privacy of those individuals.
5 April 2018, 18:00 PM

Australia's central bank sits tight in masterful inaction

Australia's central bank left interest rates at record lows on Tuesday, the longest stretch without a change in almost three decades, and looked set to extend this period of “masterful inaction” for some time yet.
3 April 2018, 18:00 PM

Trump rolls back Obama-era fuel efficiency rules

The Trump administration rolled back Obama-era pollution and fuel efficiency rules for cars and light trucks on Monday, saying they were too stringent.
3 April 2018, 18:00 PM

London firm revamps pay by letting staff set salaries

Against a backdrop in Britain of gender pay gaps and ongoing disputes over executives' earnings, employees at one London company are helping each other set salaries.
1 April 2018, 18:00 PM

Trump attacks Amazon, again, over US postal rates

US President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world's biggest online retailer of getting unfairly cheap rates from the US Postal Service and not paying enough tax.
1 April 2018, 18:00 PM

India moots duties on key smartphone component

India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world's second-biggest smartphone market.
1 April 2018, 18:00 PM

China bank plans to lend $64b for poverty relief projects

China Development Bank (CDB) plans to lend 400 billion yuan ($63.77 billion) this year to support poverty relief projects, the official Xinhua news agency said on Sunday.
1 April 2018, 18:00 PM

Toyota, Suzuki to produce cars for each other in India

Toyota Motor Corp and Suzuki Motor Corp agreed on Thursday to produce cars for each other in India as Toyota aims to increase its market share in the world's fifth-largest passenger car market.
29 March 2018, 18:00 PM

US economy grows fast in Q4

The US economy grew significantly faster at the end of 2017 than previously reported, as consumer spending hit a three-year high and business investment rose, the government reported Wednesday.
29 March 2018, 18:00 PM

India rice prices rise on muted supply

Rice export prices rose in India this week on limited supply and improved demand, while a lack of fresh overseas interest weighed on the staple market in Thailand.
29 March 2018, 18:00 PM

Japan's aluminum industry calls for US to scrap import tariffs

Japan's aluminum industry on Thursday called for the United States to scrap import tariffs on aluminum, claiming that they are against international rules and pose a serious problem for the industry and global trade and economic growth.
29 March 2018, 18:00 PM