TAIPEI: Taiwanese smartphone maker HTC said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing…
LONDON: Britain’s biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told…
SINGAPORE/TOKYO: Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week’s lows of below $12,000. Bitcoin, the world’s biggest and best-known cryptocurrency, fell…
WASHINGTON: World finance ministers pledged to boost growth on Saturday at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy and hints of discord.
BAHRAIN: Saudi Oil Minister Ali al-Naimi called for sustained investment in new output capacity Thursday despite the slump in world prices.
DOHA, Qatar: Leaders of energy-rich Gulf monarchies meet on Tuesday to hammer out a common strategy to fight the threat from Islamic extremism and plunging oil prices.