Business & Finance PepsiCo to buy South Africa's Pioneer Food for $1.7bn JOHANNESBURG: PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies sai Published 19 Jul, 2019 01:41pm
Pakistan VIS reaffirms entity ratings of Sadaqat Limited KARACHI: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sadaqat Limited (SL) at single A /A- Updated 19 Jul, 2019 02:26pm
Markets Nickel's spectacular rally hits buffers, but copper soars LONDON: Nickel prices fell on Friday as a two-week explosion of speculative buying which pushed the metal used in st Published 19 Jul, 2019 01:08pm
Markets Indian shares see heavy selloff amid weak results, surcharge woes Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted ov Published 19 Jul, 2019 01:06pm
Markets Indian utilities' coal imports in H119 rise over 53pc from year ago NEW DELHI: Coal imports by Indian coal utilities during the first half of 2019 rose 53.4% from a year earlier to 35. Published 19 Jul, 2019 01:04pm
Business & Finance Indian govt seeks to tap foreign lenders for loans to its small firms NEW DELHI: India's government is in talks with foreign lenders to provide as much as $14.5 billion in credit to mill Published 19 Jul, 2019 01:03pm
Markets Oil rises after US Navy downs Iranian drone; set for weekly fall LONDON: Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had de Published 19 Jul, 2019 01:00pm
World Britain and Sweden agree to co-operate on fighter plans RAF FAIRFORD: Britain and Sweden agreed on Friday to study air combat co-operation and opened the door to other pote Published 19 Jul, 2019 12:59pm
Markets Palm falls on weaker demand outlook; charts weekly gain KUALA LUMPUR: Malaysian palm oil futures ended the trading day in negative territory, pressured by expected slower d Published 19 Jul, 2019 12:56pm
Sports Man Utd's Lukaku not fit to face suitors Inter Milan SINGAPORE: Manchester United manager Ole Gunnar Solskjaer said Romelu Lukaku was not fit to play against Inter Milan Published 19 Jul, 2019 12:55pm
Markets Rouble pressured by stronger dollar before S&P move on Russia MOSCOW: The Russian rouble weakened on Friday as the US dollar pared earlier losses triggered by expectations the Un Published 19 Jul, 2019 12:53pm
World Germany's Merkel, planning to serve full term, backs under-fire protégée BERLIN: Germany's Angela Merkel threw her weight behind her embattled new defence minister and heir-apparent on Frid Published 19 Jul, 2019 12:52pm
Markets Euro weakens as investors raise bets on imminent ECB rate cut LONDON: The euro fell against a rebounding US dollar on Friday and hit a 2-year low versus the Swiss franc, as inves Published 19 Jul, 2019 12:51pm
World South Africa's Zuma to cooperate with graft inquiry after threat to pull out JOHANNESBURG: Former South African president Jacob Zuma agreed to continue giving evidence at a public inquiry into Published 19 Jul, 2019 12:48pm
World World Bank pulls funding for new state capital in India after Delhi drops support NEW DELHI: The World Bank said on Friday it had withdrawn $300 million of funding for a new capital in the south Ind Published 19 Jul, 2019 12:47pm
Markets Raw sugar edges up as Brazil's currency strengthens LONDON: Raw sugar futures on ICE edged higher on Friday with the market boosted partly by the strength of Brazil's r Published 19 Jul, 2019 12:45pm
Business & Finance India forex reserves fall to $428.80bn as on July 12 BENGALURU: India's foreign exchange reserves fell to $428.80 billion as of July 12, compared to $429.91 billion a we Published 19 Jul, 2019 12:44pm
World Iran dismisses Trump report that US Navy downed ‘provocative’ drone DUBAI: Iran on Friday denied President Donald Trump's assertion that the US Navy has destroyed one of its drones, sa Published 19 Jul, 2019 12:43pm
Business & Finance BlackRock's profit hit by lower fees for lending stocks BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost Published 19 Jul, 2019 12:40pm
Business & Finance IndiGo owner sees more flyers after record profit, Jet collapse helps BENGALURU: Interglobe Aviation Ltd , which operates India's top airline IndiGo, on Friday said it expected passenger Published 19 Jul, 2019 12:37pm