World China's June exports, imports fall as trade war takes heavier toll BEIJING: China's exports fell in June as the United States ramped up trade pressure, while imports shrank more than Published 12 Jul, 2019 01:39pm
Markets Shares flat as investors digest economic data, dollar dips for third day LONDON: World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was Published 12 Jul, 2019 01:36pm
Markets PM Conte says fall in bond yields shows market confidence in Italy ROME: Prime Minister Giuseppe Conte on Friday welcomed the recent fall in Italian government bond yields, saying it Published 12 Jul, 2019 01:35pm
World Bulgaria to raise its fiscal deficit target over F-16 purchase SOFIA: Bulgaria plans to raise its 2019 fiscal deficit target to about 2% of economic output from current 0.5% to fi Published 12 Jul, 2019 01:33pm
Business & Finance Daimler warns on profit again, blames diesel and recall costs FRANKFURT: Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set asi Published 12 Jul, 2019 01:30pm
Business & Finance Greece's Piraeus Bank considers Asian Pacific partner for shipping financing ATHENS: Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that Published 12 Jul, 2019 01:17pm
Markets Gold edges up on weaker dollar, China data fuels growth concerns Gold rose on Friday and was on track to post a weekly gain, supported by an easing dollar and weaker than expected C Published 12 Jul, 2019 01:12pm
Business & Finance UniCredit says idea of separating foreign assets may be considered MILAN: Italy's biggest bank by assets, UniCredit, could consider the notion of putting its foreign operations into a Published 12 Jul, 2019 01:11pm
Markets Germany, France, Spain and perhaps Greece to sell bonds next week LONDON: Germany, France and Spain are scheduled to hold bond auctions in the euro area next week, with a new syndica Published 12 Jul, 2019 01:07pm
Business & Finance Indian govt had 667.93bn rupees outstanding loans from RBI in July 5 week BENGALURU: The Indian government had 667.93 billion rupees ($9.73 billion)outstanding loans with the central bank un Published 12 Jul, 2019 01:06pm
World Britain replaces warship in Gulf, to maintain continuous presence LONDON: Britain said on Friday it would deploy the destroyer HMS Duncan warship to the Gulf to replace HMS Montrose, Published 12 Jul, 2019 01:02pm
World Iran strikes opposition positions on border with Iraqi Kurdistan DUBAI: Iran's elite Revolutionary Guards used drones and missiles to strike headquarters of a Kurdish militant group Published 12 Jul, 2019 01:01pm
World Russia delivers missile system to Turkey in challenge to NATO ISTANBUL: Russia began delivery of an advanced missile defence system to Turkey on Friday, a move expected to trigge Published 12 Jul, 2019 12:58pm
Markets Europe gas trade volume on track for another record in 2019 FRANKFURT: European gas trading volumes this year may beat the record 52,604 terawatt hours (TWh) recorded in 2018 d Published 12 Jul, 2019 12:57pm
Top News UK says it does not want to increase tension with Iran LONDON: Britain is not seeking to escalate the situation with Iran, foreign minister Jeremy Hunt said on Friday, as Published 12 Jul, 2019 12:56pm
World Bahrain ‘strongly condemns’ what it calls Iranian attempt to intercept British tanker DUBAI: Bahrain said on Friday it "strongly condemned" what it called an Iranian attempt to intercept a British tanke Published 12 Jul, 2019 12:52pm
World US-China trade talks in 'quiet period' WASHINGTON: The United States is in a "quiet period" with China over trade negotiations, White House adviser Peter N Published 12 Jul, 2019 12:51pm
Business & Finance Ford, VW join forces on electric, autonomous cars FRANKFURT: Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were al Published 12 Jul, 2019 12:49pm
Markets Oil prices edge up on tropical storm and geopolitical tensions LONDON: Oil prices inched higher on Friday and were on track for a weekly gain as US oil producers in the Gulf of Me Published 12 Jul, 2019 12:48pm
Markets Nickel hits three-month peak on Indonesia concerns LONDON: Nickel prices touched their highest in three months on Friday on worries that major producer Indonesia will Published 12 Jul, 2019 12:47pm