Markets Euro slumps on soft price data, dollar books best month since May NEW YORK: The euro fell on Friday as soft euro zone inflation data rekindled concerns the European Central Bank may have Published 31 Jan, 2014 09:43pm
Markets Soy jumps most in two weeks on tightening US supplies CHICAGO: US soybeans surged into the close of trading on Friday, finishing just below their session high and climbing fo Published 31 Jan, 2014 09:12pm
Markets CBOT wheat closes higher on short-covering, firm cash CHICAGO: Wheat futures on the Chicago Board of Trade closed higher on Friday on short-covering amid oversold signals and Published 31 Jan, 2014 08:57pm
Markets ICE cotton eases, ends week down on emerging market slide NEW YORK: ICE cotton eased on Friday, sliding to a 1.6-percent weekly loss amid heavy and volatile trade, as rising macr Published 31 Jan, 2014 08:51pm
Business & Finance GE to invest $350m in Nigeria power sector: minister ABUJA: General Electric has signed a deal with a Nigerian bank to invest $350 million in Nigeria's ailing power sect Published 31 Jan, 2014 08:19pm
Top News India 'disappointed' after US downgrades air safety ranking NEW DELHI: US aviation authorities have downgraded India's safety ranking in a "disappointing" and "surprising" move Published 31 Jan, 2014 07:56pm
Sports Imran blasts ICC's 'colonial' revamp KARACHI: Pakistan legend Imran Khan slammed controversial plans to reform cricket's governing body on Friday, saying Published 31 Jan, 2014 06:43pm
Markets Sugar up on Indian output concerns; cocoa at 2-1/2-yr high NEW YORK/LONDON: Raw sugar futures jumped on Thursday after Indian authorities deferred a decision on output incentives, Published 31 Jan, 2014 12:00am
Business & Finance Amazon swings to profit for 2013 on sales jump NEW YORK: US tech giant Amazon said Thursday it returned to profit in 2013 on a strong jump in revenue, as it expanded Published 30 Jan, 2014 11:11pm
Markets Currencies get reprieve as policymakers offer support RIO DE JANEIRO: Emerging markets recovered on Thursday from a sharp selloff as Latin American stocks and currencies rose Published 30 Jan, 2014 09:52pm
Business & Finance Google quarterly profit climbs on ad revenue SAN FRANCISCO: Google on Thursday reported that profit in the closing quarter of last year climbed to $3.38 billion on r Published 30 Jan, 2014 09:48pm
World Mexico arrests top drug cartel figure GUADALAJARA: Security forces in Mexico arrested the alleged number two in a major drug cartel Thursday in a military swe Published 30 Jan, 2014 09:20pm
Markets ICE Canada canola rises with soybeans WINNIPEG: ICE Canada canola futures rose on Thursday in light speculator buying, following soybeans higher.Canola seen a Published 30 Jan, 2014 08:46pm
Life & Style Scarlett Johansson quits Oxfam over Israeli firm advert LONDON: Scarlett Johansson has ended her role as global ambassador for Oxfam, with the aid group saying it deemed the po Published 30 Jan, 2014 08:44pm
World US economy scored robust growth in fourth quarter WASHINGTON: The US economy grew at a robust annual rate of 3.2 percent in the fourth quarter despite the partial governm Published 30 Jan, 2014 08:41pm
Markets CBOT corn ends higher on strong weekly US export sales CHICAGO: Corn futures on the Chicago Board of Trade rose to a 2-1/2 week high on Thursday after the US Department of Agr Published 30 Jan, 2014 08:06pm
Business & Finance Qualcomm posts higher 1st-quarter revenue, says year on track SAN FRANCISCO: Leading mobile chipmaker Qualcomm Inc posted higher fiscal first-quarter revenue that slightly missed exp Published 29 Jan, 2014 11:28pm
Markets Australia shares seen slumping as US Fed tapers SYDNEY: Australian shares are seen slumping on Thursday after Wall Street dropped overnight as the US Fed Reserve decide Published 29 Jan, 2014 11:20pm
World No longer in eye of storm, caution still abounds over India MUMBAI: Half a year after India's worst economic crisis since 1991 reduced the rupee to record lows, a government in Published 29 Jan, 2014 11:15pm
Markets Soy bids flat-mixed; cold spell slows deliveries CHICAGO: Cash basis bids for soybeans were steady to narrowly mixed around the US Midwest on Wednesday as extremely cold Published 29 Jan, 2014 11:08pm