Markets US stocks surge on Washington budget progress NEW YORK CITY: US stocks Thursday surged on progress towards a potential deal in Washington to prevent a debt default, Published 10 Oct, 2013 08:30pm
Top News India expects steady growth despite IMF gloom WASHINGTON: India's finance minister said Thursday he expected the economy to post steady growth and for foreign ret Published 10 Oct, 2013 08:29pm
World Nine dead as failed Brazil prison escape turns violent BRASILIA: Nine inmates were killed in Brazil overnight in clashes following a failed prison escape, authorities said Thu Published 10 Oct, 2013 08:23pm
Life & Style McCartney performs flash Times Square concert NEW YORK CITY: Former Beatle Paul McCartney performed a flash concert in New York's Times Square Thursday, sparking Published 10 Oct, 2013 08:20pm
Top News BlackBerry co-founder eyes counterbid for firm OTTAWA: BlackBerry co-founder Mike Lazaridis has boosted his stake in the troubled Canadian tech firm with the intention Published 10 Oct, 2013 08:04pm
Top News Oil soars on US deal hopes, Libya tensions NEW YORK CITY: Global oil prices rallied Thursday on hopes of a breakthrough deal to avert a disastrous US default, and Published 10 Oct, 2013 07:53pm
Top News Bomb blast in Karachi kills three alleged terrorists KARACHII: A Bomb blast in Manghpoir area of Orangi Town, Karachi, killed three people on Thrusday, Business Recorder rep Published 10 Oct, 2013 07:04pm
World Russian warhead fallout keeps America warm UNITED NATIONS: Uranium fuel from 20,000 disarmed Russian warheads is generating about half of US nuclear power in a spi Published 10 Oct, 2013 12:08am
Business & Finance Japan August core machinery orders rise 5.4pc mth/mth TOKYO: Japan's core machinery orders increased a bigger-than-expected 5.4 percent in August from the previous month, Published 10 Oct, 2013 12:01am
Markets Brazil stocks rise on TIM deal speculation; Mexico, Chile fall MEXICO CITY: Brazilian stocks rose on Wednesday, lifted by shares in Brazil's TIM Participa??es which rose on report Published 09 Oct, 2013 11:59pm
Business & Finance In Panasonic's plasma exit, Japan's TV makers come to terms with defeat TOKYO: Panasonic Corp's move to close its last plasma television factory completes a painful reckoning that has all Published 09 Oct, 2013 11:58pm
World Brazil raises benchmark interest rate to 9.5pc BRASILIA: Brazil's Central Bank announced Wednesday it had raised by 0.5 percentage points the benchmark interest ra Published 09 Oct, 2013 11:51pm
Business & Finance Lockheed, US Air Force near $2.2 bln satellites deal WASHINGTON: The US Air Force expects to finalize a $2.2 billion contract with Lockheed Martin Corp for two more advanced Published 09 Oct, 2013 11:45pm
Markets Wheat premiums hold steady as Egypt tenders CHICAGO: Wheat export premiums at the US Gulf Coast were mostly unchanged on Wednesday amid steady demand from Brazil fo Published 09 Oct, 2013 11:36pm
Life & Style Taylor Swift to receive country music songwriting award LOS ANGELES: Country-pop singer Taylor Swift will be honored as this year's songwriter and artist of the year by the Published 09 Oct, 2013 11:13pm
World Bank of England policy to stay unchanged as economy brightens LONDON: The Bank of England is expected to leave monetary policy unchanged on Thursday despite more signs of economic st Published 09 Oct, 2013 11:06pm
World Argentine president recovering favorably from surgery BUENOS AIRES: Argentine President Cristina Kirchner was recovering "without complications" Wednesday after surgery that Published 09 Oct, 2013 11:02pm
Sports Pietersen takes 'English only' Wilshere to task LONDON: Kevin Pietersen took to Twitter to question England footballer Jack Wilshere's belief that only English play Published 09 Oct, 2013 10:41pm
World US executes man for 1978 murder WASHINGTON: The US state of Arizona executed a 71-year-old man Wednesday, more than three decades after he was sentence Published 09 Oct, 2013 10:31pm
Markets Dollar firms as Obama taps Yellen for Fed NEW YORK CITY: The dollar Wednesday advanced against major currencies after President.Obama tapped Janet Yellen to lead Published 09 Oct, 2013 10:25pm