Swiss firms set goals to get more women into top roles

SWISS firms from food and beverage giant Nestle to banking groups UBS and Credit Suisse pledged new goals on Tuesday to support and promote women.
8 March 2017, 18:00 PM

Australia sues Audi, Volkswagen over emissions cheating

Australia's consumer watchdog Wednesday launched court action against Volkswagen and its subsidiary Audi over an emissions cheating scandal, claiming they engaged in misleading or deceptive conduct.
8 March 2017, 18:00 PM

India's Flipkart looking to raise $1b in latest funding round

India's top e-commerce company Flipkart is holding talks with investors to raise up to $1 billion in one of its biggest funding rounds so far, a source familiar with developments said on Wednesday.
8 March 2017, 18:00 PM

Oil drops further below $56

Oil dropped further below $56 a barrel on Wednesday after an industry report pointed to a large rise in crude inventories in the United States, renewing oversupply concerns despite Opec output curbs.
8 March 2017, 18:00 PM

SWIFT messaging system bans North Korean banks blacklisted by UN

Belgium-based SWIFT said on Wednesday it has stopped providing financial services to all North Korean banks under UN sanctions, as international tensions rise over Pyongyang's increasingly aggressive military behaviour.
8 March 2017, 18:00 PM

Online shopping delivers strong 2016 for Deutsche Post

Online shopping helped boost profits last year at German logistics group Deutsche Post, while the owner of the DHL express delivery firm said Wednesday that improved efficiency should ensure further gains this year.
8 March 2017, 18:00 PM

Japan's economy grows revised 0.3pc in Q4

JAPAN'S economy expanded by a revised 0.3 percent in the last quarter of 2016, government data showed Wednesday, as company investment and a weaker yen propped up growth.
8 March 2017, 18:00 PM

Trump slump? At least some foreign tourists put off US travel

Donald Trump and his travel bans are dissuading some foreigners from vacationing in the United States, but a decline in visitors is also linked to the dollar and may be limited, experts say.
8 March 2017, 18:00 PM

Oil drops for second day

Crude oil lost more ground on Wednesday with rising US oil output adding pressure on the market, although OPEC production cuts continued to offer support.
1 March 2017, 18:00 PM

Asian factories pick up steam in shadow of protectionist threat

Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the wake of U.S. President Donald Trump's protectionist stance.
1 March 2017, 18:00 PM

Re-elected WTO chief warns of 'challenging times'

World Trade Organisation chief Roberto Azevedo secured a second term Tuesday pledging to build on recent successes despite the "challenging times" confronting global trade.
1 March 2017, 18:00 PM

Tough love for bad debt? RBI deputy targets Indian banks' toxic loans

Economist Viral Acharya spent nearly two decades studying banking crises around the world. Now, as a deputy governor at India's central bank, he is turning his attention to one that may be developing at home.
1 March 2017, 18:00 PM

Private investment key to raising economic growth

Private investment, which has been stagnant for several years, should be raised to help the country achieve higher economic growth and lift millions of people out of poverty, said Mashiur Rahman, economic affairs adviser to the prime minister.
1 March 2017, 18:00 PM

Australia's economy bounces back to dodge recession

Australia's economy rebounded strongly in the December quarter, growing 1.1 percent to dodge a technical recession on the back of buoyant exports, government investment and household spending, data showed Wednesday.
1 March 2017, 18:00 PM

Phonemakers chase niche markets with special features

Phones rugged enough to survive falling from the sky or resistant to foaming hand soap -- just some of the special features mobile phonemakers are offering to appeal to niche markets.
1 March 2017, 18:00 PM

Uber CEO says he must 'grow up'

Uber Technologies Inc Chief Executive Travis Kalanick on Tuesday said it was time for him to "grow up" and get help after a video was published showing him getting into an argument with a driver for the ride service who complained about pay rates.
1 March 2017, 18:00 PM

German unemployment remains at all-time low

Unemployment in Germany hung on at an all-time low in February, official data showed Wednesday, pointing to strength in Europe's
1 March 2017, 18:00 PM

US inflation hits fastest pace in 4 years

US consumer prices in January rose at their fastest pace in nearly four years, a fresh sign the economy may finally see faster inflation, the Labor Department reported Wednesday.
16 February 2017, 18:00 PM

Fed's Yellen spars with lawmakers on regulation, economy

The US central bank chief sparred with legislators Wednesday over its responsibility for the weak economic recovery, bank regulations and its participation in international bodies.
16 February 2017, 18:00 PM

Hanjin saga reveals S Korea corporate governance flaws

Hanjin Shipping will declare bankruptcy Friday, with the former titan of the global shipping industry and one of South Korea's powerful family-run "chaebol" finally sinking under billions of dollars of debt.
16 February 2017, 18:00 PM