Business & Finance Metro Bank profits dive, chairman to stand down Metro Bank's founder Vernon Hill will step down as chairman, the British lender said on Wednesday, as it reported cu Published 24 Jul, 2019 08:07pm
Business & Finance Caterpillar earnings disappoint on weak China sales, higher costs CHICAGO: Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales Published 24 Jul, 2019 08:05pm
World Five facts about Priti Patel, Britain's new interior minister LONDON: Britain's new Prime Minister Boris Johnson named Priti Patel as interior minister, marking a political comeb Published 24 Jul, 2019 08:04pm
Business & Finance Canada invests C$85mn in satellite firm to boost broadband gap OTTAWA: The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based s Published 24 Jul, 2019 08:01pm
World Rising high, Sajid Javid named UK finance minister to guide Brexit economy LONDON: Sajid Javid became Britain's first ethnic minority finance minister on Wednesday, capping off an unlikely ri Published 24 Jul, 2019 07:56pm
Business & Finance Carige rescue plan takes step forward on eve of ECB deadline ROME/MILAN: The rescue of sickly Italian lender Carige took a step forward on Wednesday when key players struck a fr Published 24 Jul, 2019 07:53pm
Business & Finance Boeing posts biggest loss on 737 MAX, may have to halt production of jet Boeing Co posted its largest-ever quarterly loss on Wednesday due to the spiraling cost of resolving issues with its Published 24 Jul, 2019 07:51pm
Markets Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production CAIRO: OPEC members Saudi Arabia and Kuwait have discussed resuming oil production in jointly operated fields in the Published 24 Jul, 2019 07:49pm
World Irish PM says Johnson call for new Brexit deal 'not in real world' DUBLIN: Prime Minister Boris Johnson's suggestion that Britain's withdrawal agreement with the European Union can be Published 24 Jul, 2019 07:48pm
Business & Finance Algeria's state power firm to seek foreign loans to fund projects ALGIERS: Algeria's state power utility Sonelgaz will seek foreign loans to finance its development plan, its chief e Published 24 Jul, 2019 07:46pm
Business & Finance Facebook ends Microsoft, Sony access to friend data WASHINGTON: Facebook Inc will end access to limited friend data from Microsoft Corp and Sony Corp as a first step un Published 24 Jul, 2019 07:45pm
World New UK foreign minister Raab says Brexit needed by end of October LONDON: Britain must leave the European Union by the end of October to give finality to the Brexit process, Britain' Published 24 Jul, 2019 07:43pm
Markets Surging chip stocks send Nasdaq to record high The Nasdaq hit a record high on Wednesday and the S&P 500 was close behind as reassuring comments from Texas Ins Published 24 Jul, 2019 07:36pm
World Biden defends civil rights record during NAACP appearance DETROIT: Democratic presidential front-runner Joe Biden defended his civil rights record on Wednesday, reminding a c Published 24 Jul, 2019 07:35pm
World Five facts on new UK defence minister Ben Wallace LONDON: Britain's new Prime Minister Boris Johnson named Ben Wallace as defence minister on Wednesday, a promotion f Published 24 Jul, 2019 07:33pm
Business & Finance Fuel supply outage disrupts flights at Amsterdam airport AMSTERDAM: Air traffic to and from Amsterdam Schiphol airport was seriously disrupted on Wednesday because of an out Published 24 Jul, 2019 07:31pm
World Mueller says he did not seek FBI director job under Trump WASHINGTON: Former US Special Counsel Robert Mueller on Wednesday disputed assertions that he had interviewed with P Published 24 Jul, 2019 07:30pm
Markets US yields fall as weak European data bolsters case for lower rates NEW YORK: US Treasuries yields fell on Wednesday in line with European government debt, after weak economic data in Published 24 Jul, 2019 07:28pm
Business & Finance Central Bank of Iceland says Asgeir Jonsson appointed governor The Central Bank of Iceland said on Wednesday Asgeir Jonsson was appointed as its governor. Iceland Prime Ministe Published 24 Jul, 2019 07:27pm
Markets Raw sugar prices inch up as Brazilian output falls NEW YORK/LONDON: Raw sugar futures on ICE rose on Wednesday, lifted by data indicating that Brazilian sugar producti Published 24 Jul, 2019 07:21pm