Economy

Washington: US consumer prices in November rose at the fastest annual pace in almost 40 years, increasing pressure on the Federal Reserve to tighten...

Munich: Mercedes-Benz will next year introduce what it considers the world's first semi-autonomous driving system on the German market after receiving...

Paris: Snapping up vintage Chanel purses online with a few clicks. Used Louis Vuitton on Instagram. Rare Nike Air Jordans on eBay. A preowned Tiffany...

Beijing: China's consumer price index (CPI), a main gauge of inflation, rose 2.3 percent year on year in November, data from the National Bureau of...

Abu Dhabi: Dr. Abdulrahman A. Al Hamidy, Director-General and Chairman of the Board of the Arab Monetary Fund, has anticipated that the new working week...

Washington: The US House of Representatives Wednesday voted 428-1 to ban imports from the Xinjiang region of China where authorities have been accused of...

Washington: When Johnson & Johnson got rid of him, James Wyner was deeply hurt. His company, textile finisher Shawmut Corporation, had made many a buck...

Brussels: The European Commission on Wednesday announced an international infrastructure plan called "Global Gateway," which aims to mobilise €300 billion...

Washington: The IMF said on Friday that First Deputy Managing Director (FDMD) Geoffrey Okamoto will leave the Fund early next year and that Gita Gopinath,...

Riyadh: Fintech start-up Lamaa secured a $5.5M seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm Wa’ed.The investment comes in...