Australia’s exporters weather China squall, find new harbours SYDNEY: Australia’s trade surplus rose to a six-month high in December as iron ore exports to China easily... Updated 05 Feb, 2021 11:47pm
Print Fiscal Policy Statement: Debt per capita, other challenges highlighted ISLAMABAD: The federal government has identified adherence to budgetary targets, energy sector circular debt, ... Published 05 Feb, 2021 04:53am
Business & Finance Early trade in New York: Dollar gains on euro, yen NEW YORK: The dollar climbed toward a fifth straight daily gain on Thursday on confidence in the US economic outlook... Updated 05 Feb, 2021 11:47pm
Business & Finance Oil giant Shell follows rivals into huge annual loss US giant Exxon Mobil suffered a 2020 loss of $22.4 billion, while for Chevron it was $5.5 billion. Published 04 Feb, 2021 05:33pm
Business & Finance Volvo Cars optimistic for 2021 after rebound in late 2020 Volvo said benefitted from the boom in online sales, boosted by the pandemic, which it also aims to develop. Published 04 Feb, 2021 05:28pm
World Govts guilty of Covid 'social murder': medical journal editor "State failures that led us to 2 million deaths are 'actions' and 'inactions' that should shame us all." Published 04 Feb, 2021 05:06pm
World Davos 2021 summit in S’pore postponed GENEVA: The World Economic Forum said Wednesday that its annual meeting, which has already been postponed and moved... Updated 04 Feb, 2021 10:01am
World Dire unemployment forecast demands ‘immediate action’: White House advisers WASHINGTON: Two top White House economists on Wednesday pushed back against overly rosy interpretations of the... Published 04 Feb, 2021 04:13am
World Unprecedented 66pc drop in air passengers in 2020: airlines PARIS: Global air passenger traffic plunged by an unprecedented 66 percent in 2020 due to travel restrictions ... Updated 04 Feb, 2021 10:01am
World Ford to invest $1bn in South Africa plants PRETORIA: US car giant Ford on Tuesday announced a $1.05-billion investment in its South African operations, ... Published 04 Feb, 2021 04:13am
World Draghi calls for ‘unity’ as tries to form Italian govt ROME: Former European Central Bank chief Mario Draghi urged Italy’s splintered parties Wednesday to get behind him... Updated 04 Feb, 2021 10:01am
World WHO team visits Wuhan lab as world pins hopes on vaccines WUHAN: World Health Organization experts on Wednesday inspected a Chinese laboratory in Wuhan that some Trump... Updated 04 Feb, 2021 10:01am
Business & Finance Eurozone inflation jumps into positive territory BRUSSELS: Eurozone consumer prices made a huge leap in January, official data showed Wednesday, but experts warned... Published 04 Feb, 2021 04:13am
Business & Finance Early trade in New York: Dollar rebound slows NEW YORK/LONDON: The dollar’s rebound slowed on Wednesday with the euro and Japanese yen holding near widely... Published 04 Feb, 2021 04:13am
Sports India 'mentally tough' for England series, says Test hero Rahane Rahane was India's captain for the three Tests when they fought back from a humiliation in the opening game to win the Australia series. Updated 03 Feb, 2021 08:45pm
Business & Finance Unprecedented 66pc drop in air passengers in 2020: airlines IATA also warned that the emergence of new, more transmissible variants of the coronavirus were hurting the prospects for recovery this year. Published 03 Feb, 2021 08:17pm
Business & Finance After years of restructuring, Siemens makes change at the top "Siemens is in a better position today than a few years ago," Busch told the daily Sueddeutsche Zeitung in December, defending Kaeser's stewardship. Published 03 Feb, 2021 05:27pm
World Crisis-hit Italy turns to former European bank chief Draghi Mattarella called in Draghi after Italy's ruling parties failed to agree on a new government following a split last month that forced Giuseppe Conte to resign. Published 03 Feb, 2021 05:14pm
Business & Finance Pandemic puts brakes on Volvo 2020 earnings For 2021, Volvo raised its sales forecasts in its trucks division -- its core business -- in Europe, North America and Brazil. Published 03 Feb, 2021 05:09pm
Business & Finance Novo Nordisk sees increased profits despite pandemic The company recorded an annual net profit of 42.1 billion Danish kroner ($6.8 billion, 5.6 billion euros). Published 03 Feb, 2021 04:47pm
Markets BOJ won't dial back stimulus, seeks more nimble policy "Inflation expectations have weakened somewhat and the output gap has deteriorated significantly" due to the hit from the pandemic, Wakatabe said. Published 03 Feb, 2021 12:09pm
Markets China shares rise as virus cases drop, auto stocks rally A sub-index of the Hang Seng index tracking energy shares rose 1.4%, while the IT sector added 1%. Published 03 Feb, 2021 11:36am
Markets Tuesday early trade: Indexes climb ahead of Amazon, Alphabet earnings NEW YORK: US stock indexes rose on Tuesday, building on the previous session’s momentum, as investors anticipated... Published 03 Feb, 2021 04:35am
Markets Japan rubber futures fall TOKYO: Japanese rubber futures fell on Tuesday after the government said it would extend a state of emergency to ... Published 03 Feb, 2021 04:35am
Print Sri Lanka scraps Japan-India port deal COLOMBO: Sri Lanka said Tuesday it had pulled out of an agreement with Japan and India to develop a deep-sea... Updated 03 Feb, 2021 09:32am
Business & Finance BP plunges into $20.3bn annual loss LONDON: BP reported Tuesday a huge $20.3-billion (16.8-billion- euro) net loss for last year, despite a slender... Published 03 Feb, 2021 04:35am
Business & Finance Brazil industrial output posts biggest yearly decline since 2016 BRASILIA: Industrial production in Brazil rose in December for an eighth month, figures showed on Tuesday, but not... Published 03 Feb, 2021 04:35am
Business & Finance Australia expands QE by $76bn, commits to prolonged easy rates SYDNEY: Australia’s central bank held rates at near-zero in a widely expected decision on Tuesday but surprised... Updated 03 Feb, 2021 09:15am
Markets UK wants to invest in agri, renewable energy and other sectors LAHORE: Deputy Director for Trade, British High Commission, Olivia Campbell has said that the UK is keen to make... Published 03 Feb, 2021 04:35am
Business & Finance Early trade in New York: Dollar stands tall NEW YORK: The dollar rose to two-month highs against the euro on Tuesday as markets saw a widening disparity between... Published 03 Feb, 2021 04:35am