World Key hearing on Detroit's historic bankruptcy begins in federal court DETROIT: The key hearing on the biggest municipal bankruptcy in US history started on Tuesday in a federal courtroom, wh Published 02 Sep, 2014 09:31pm
Markets CME live cattle futures supported by fund buying, higher cash CHICAGO: Chicago Mercantile Exchange live cattle futures settled higher on Tuesday supported by fund-buying and higher p Published 02 Sep, 2014 09:30pm
Business & Finance Nordea plans to sell Sweden's first AT1 bond in dollars: sources NEW YORK: Nordea, Sweden's largest bank, looks set to launch the first Tier 1 Coco from the country, breaking the ic Published 02 Sep, 2014 09:28pm
World Wealthy countries must send medical teams to halt Ebola UNITED NATIONS: The worst ever outbreak of the Ebola virus will not be halted unless wealthy nations dispatch specialize Published 02 Sep, 2014 09:20pm
Markets Cotton stocks to hit record, output to exceed expectations: ICAC NEW YORK: The International Cotton Advisory Committee (ICAC) on Tuesday again raised its outlook for record world invent Published 02 Sep, 2014 09:16pm
World Canada watchdog says Sino-Forest execs deceived investors TORONTO: Former Sino-Forest Corp executives wilfully defrauded investors using elaborate schemes that artificially infla Published 02 Sep, 2014 09:13pm
World Appeals court grills US lawyer on NSA phone collection NEW YORK: A on Tuesday grilled an Obama administration lawyer about the legality of the continuing collection of million Published 02 Sep, 2014 09:07pm
Markets Ecopetrol tenders to buy a gasoline cargo for Sept-Oct HOUSTON: Colombia's state-run Ecopetrol has launched a tender to buy a 195,000-200,000 barrel cargo of gasoline RON Published 02 Sep, 2014 09:05pm
Markets Canadian dollar weaker ahead of central bank rate decision TORONTO: The Canadian dollar weakened against the greenback on Tuesday to its lowest level in nearly a week, hurt by bro Published 02 Sep, 2014 09:04pm
World Frankfurt court bans Uber taxi services across Germany FRANKFURT: A German regional court has issued a temporary injunction against Uber, the fast-growing, US-based online cha Published 02 Sep, 2014 09:00pm
World Robin Hood monkey showers Indian town with cash SHIMLA: A monkey sparked a dash for cash in a northern Indian town when he showered banknotes from a rooftop, witnesses Published 02 Sep, 2014 06:00pm
Markets European stocks close mixed LONDON: European stock markets closed mixed on Tuesday, with Frankfurt's main DAX index edging up 0.30 percent to 9, Published 02 Sep, 2014 05:54pm
Business & Finance Car sales slightly dip in Germany FRANKFURT: German new car sales fell 0.5 percent to 213,100 vehicles in August, figures from Germany's VDA auto indu Published 02 Sep, 2014 05:52pm
World Austrian finance minister vows tax reform VIENNA: Austria needs "tax reform not tax cuts" to help eliminate its structural deficit in 2016, new Finance Minister H Published 02 Sep, 2014 05:51pm
World Victims of Nazi ‘euthanasia’ killings commemorated in Berlin BERLIN: Some 300,000 people with physical or mental disabilities who were killed under Nazi Germany's "euthanasia" p Published 02 Sep, 2014 05:45pm
Top News Ukraine may need bigger bailout WASHINGTON: Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian sep Published 02 Sep, 2014 05:34pm
Markets Financials head onslaught in high-grade market NEW YORK: Financial issuers are leading a 14-deal flood of issuance in the US high grade market on Monday, by offering s Published 02 Sep, 2014 05:31pm
Markets Nigerian oil exports revised up LONDON: Nigeria will export about 1.86 million barrels per day (bpd) of crude oil in October, slightly more than earlier Published 02 Sep, 2014 05:26pm
Business & Finance Vodafone shares turn higher LONDON: Vodafone shares turned higher late on Tuesday, with traders citing a Nikkei report suggesting the British mobile Published 02 Sep, 2014 05:22pm
Top News African leaders hunt fund to fight militant NAIROBI: African leaders proposed on Tuesday creating a special fund to combat Islamist militant groups growing in stren Published 02 Sep, 2014 05:16pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points