LONDON: Britain’s opposition Labour Party called on finance minister Rishi Sunak on Saturday to respond to claims...

PARIS: Here are the latest developments in the coronavirus crisis: More than one million cases The number of daily...

LONDON: Bank of England Governor Andrew Bailey sent a fresh signal on Sunday that the British central bank is ...

FRANKFURT: Lufthansa said on Sunday it would launch a capital increase that was expected to raise 2.14 billion euros...

The supply chain troubles caused by Brexit and the pandemic have been so bad for Satyan Patel that the shelves at ...

WASHINGTON: The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday,...

BERLIN: German exports soared past pre-pandemic levels in June for the first time since the coronavirus crisis...

LONDON: Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries...

DUBAI: Economies of the Gulf Cooperation Council (GCC) will likely grow at an aggregate 2.2% this year after a 4.8%...

• Prices of the metal, traditionally seen as a safe store of wealth, surged to record levels above $2,000 an ounce early in the coronavirus crisis but sagged as economies reopened.

FRANKFURT: The European Central Bank said Friday it would end pandemic-era restrictions on banks’ payouts to...

ZURICH: The recent inflation surge is most likely a "temporary" phenomenon, the Bank for International Settlements...

GENEVA: The heads of the global health, IP and trade agencies on Thursday announced a joint platform to help countries plug the gaps in accessing Covid-19 vaccines, treatments and technologies.

FRANKFURT: German business confidence rose to a near three-year high in June, a key survey showed Thursday, buoyed ...

• But statistic modelling shows that number could potentially be more than five times higher, according to UNICEF statistics specialist Claudia Cappa, who co-authored the report.

• The country has a 25 percent corporate tax rate which drops to 15 percent for high-tech companies.

• The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,014.70 before dipping to 20,000.12, up 1.4pc on the day.

• United Nations Secretary-General decried the "tsunami of suffering" sparked by the coronavirus crisis.

• The tournament was already held over from last year in Pakistan due to the pandemic.

BERLIN: Corporate insolvencies in Germany fell by 21.8% on the year in February, the Federal Statistics Office said...

• Colonial aims to substantially restore operations by end-week.
• COVID-19 outbreak hits India's fuel demand.
• OPEC monthly report due 1120 GMT.

• Ganguly said there was no way for the lucrative tournament to resume before India play the final of the World Test Championship against New Zealand in England on June 18.

• That compared with profit after tax of £480 million in the first three months of 2020.

• First-quarter net profit of $1.824 billion overshot median expectations for $1.591 billion in a poll of 20 analysts compiled by the bank.

• The worldwide push to rein in the pandemic had proven that rapid progress can be made when there is enough political will, the WHO pointed out.

WARSAW: US tech giant Google on Wednesday launched a new cloud data hub in Warsaw — its first in Central and...

• The ECB has seen euro area inflation fall short of its near 2% target for eight years and expects to miss the target for years as the bloc emerges from the coronavirus crisis.
• Nonetheless, he said there was room to improve guidance the ECB gives the market about how it aims to pursue its inflation target.

The head of Chancellor Angela Merkel’s CDU party and its smaller Bavarian sister party both declared themselves...

• The pope said it was "scandalous" that armed conflicts around the world had not ceased.