Archive of Business
-
US unveils plans to speed up 5G wireless deployment
US officials unveiled plans to accelerate deployment of 5G wireless networks, including new funding to bring the ultrafast systems to remote rural ... Technology -
Top Abraaj executives arrested on US fraud charges
The chief executive and a managing partner of the collapsed Dubai private equity firm Abraaj Capital Ltd were arrested on US charges that they ... Financial Markets -
IMF wants China-US trade deal to address structural issues
Any trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural ... Economy -
Amazon, Walmart trade barbs on taxes, wages
The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the ... Economy -
Turkey’s reform package lacks detail, vague on timing - Moody’s
Ratings agency Moody’s said on Friday that a reform package that Turkey presented this week provided little detail and was vague on a timetable ... Economy -
Japan court extends Carlos Ghosn’s detention until April 22
The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to ... Economy -
Uber files documents for public share offering
Uber filed documents Thursday for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether ... Technology -
India’s stricken Jet Airways cancels international flights, grounds more planes
India’s Jet Airways canceled several international flights on Thursday and grounded another 10 aircraft after failing to pay lessors, deepening ... Economy -
OPEC may raise oil output if prices increase, shortages mount - sources
OPEC may raise oil output from July if Venezuelan and Iranian supply drops further and prices keep rallying, because extending production cuts with ... Energy -
Egypt’s annual headline inflation eases slightly to 14.2 percent in March
Egypt’s annual urban consumer price inflation eased to 14.2 percent in March from 14.4 percent in February, the state statistics agency CAPMAS ... Economy