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Merkel calls to fight African poverty to curb migrant influx

BERLIN: German Chancellor Angela Merkel on Monday urged more investment in Africa, saying that economic growth there is needed to fight the poverty that...

UK election result sparks more economic uncertainty

LONDON: Financial markets dislike uncertainty but were handed a hugely clouded outlook Friday after the Conservative party of Prime Minister Theresa May lost its...

Khaadi issues clarification, says it did not terminate workers

Renowned clothing brand Khaadi has issued a clarification regarding a social media campaign against the brand. The brand which was under fire for allegedly mistreating...

‘We have been handed a death certificate by the ruling Modi government’

NEW DELHI: Indian exporters were scrambling Tuesday to assure global clients like Zara and Giorgio Armani their shipments would arrive despite a government crackdown...

President signs Companies Act 2017, replaces Companies Ordinance 1984

ISLAMABAD: President Mamnoon Hussain on Tuesday signed the Companies Act, 2017 replacing the three-decades old Companies Ordinance Act, 1984. The new law will facilitate the...

FRANCE SAYS EUROPE SHOULD MAKE US COMPANIES PAY FAIR SHARE OF TAXES

PARIS – Time has come for the European Union to make multinationals, such as US giants Amazon, Facebook and Google, pay their fair share...

EURONEXT CEO SEES GROWING MOMENTUM FOR NEW STOCK LISTINGS

LONDON – Euronext’s chief executive Stephane Boujnah sees a growing momentum for new stock listings in the second half of the year, following the...

FRENCH DEFICIT PLEDGE WILL HELP EURO ZONE BUDGET DISCUSSIONS: ECB’S COEURE

LONDON – The French government’s renewed commitment to bring its budget deficit in line with an EU limit is good not only for France...

CHINA’S FAW TO RECALL 680,000 MORE MAZDA CARS OVER FAULTY TAKATA AIRBAGS

BEIJING – China’s FAW Car Co Ltd, a partner of Japan’s Mazda Motor Corp, will recall over 680,000 Mazda cars due to issues with...

REVIVING EURO ZONE INFLATION STILL LONG WAY OFF: ECB’S PRAET

LONDON – The euro zone economy still needs a long period of easy monetary policy and a shift in message that induced a market...
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