Business
Latest stories
Metro Aims to Break New Ground in Car-Mad Qatar

Qatar's metro, once completed, will run hundreds of kilometers across ultra-modern Doha, along the coast and into its expanding suburbs. But whether car-mad Qataris will actually use it remains an open question.

W140 Full Story
Samsung Heir Denies Charges at Preliminary Hearing

The heir to the Samsung business empire denies all charges in connection with a wide-ranging corruption scandal, his lawyers told a preliminary hearing Thursday.

Lee Jae-Yong, 48, was not present at Seoul Central District court for the hearing, which comes as his giant company -- the world's biggest smartphone maker -- struggles to recover from a recall scandal.

W140 Full Story
Lawmakers to Quiz Merkel over Role in VW's 'Dieselgate'

German Chancellor Angela Merkel faces Wednesday a grilling by lawmakers investigating if her government shielded Volkswagen from regulators despite knowing the auto giant was carrying out emissions cheating.

W140 Full Story
British Ambassador Visits UK Supported Projects in Zahle

With determination, perseverance and training, small and medium enterprises in Zahle have turned into professional businesses with new organizational structures and expanded their market with UK Aid support under the flagship project ‘INTAJ’ led by Mercy Corps.

W140 Full Story
Britain Sharply Hikes 2017 Economic Growth Forecast

Britain's economy will grow by 2.0 percent this year, sharply up on a previous forecast of 1.4 percent, finance minister Philip Hammond said Wednesday in his budget statement.

W140 Full Story
China Imports Surge Almost 40% On-Year in February

China's imports surged almost 40 percent last month, data showed Wednesday, fulled by higher commodity prices and strong domestic demand, bolstering hopes that the world's number two economy is getting back on track.

W140 Full Story
European Markets Stabilise before UK Budget

European stock markets held steady on Wednesday as London waited on Britain's budget and Frankfurt digested solid German data.

London stocks turned flat as dealers sat on their hands before the government's latest taxation and spending plans.

W140 Full Story
Kuwait Turns Silk Road into a Massive Causeway

Kuwait is building one of the world's longest causeways to its remote north where it will pump billions into "Silk City", aiming to revive the ancient Silk Road trade route.

The oil-rich emirate is eager to inject life into the uninhabited Subbiya region on its northern tip that has been chosen as the location for Silk City.

W140 Full Story
May Braces for Second Defeat over Brexit Bill

British Prime Minister Theresa May is facing a second defeat in the House of Lords on whether to give parliament the final say on leaving the EU but her timetable for triggering Brexit by the end of the month remains on track.

The bill empowering May to start the exit process has already been held up by a week after peers voted on March 1 for an amendment guaranteeing the rights of European citizens living in Britain.

W140 Full Story
Brazil's Recession Worst in Country's History

Brazil's recession hit the two year mark, becoming the worst in the country's history, after Latin America's biggest economy registered an eighth consecutive quarter of shrinkage, GDP figures showed Tuesday.

The government statistics office said the economy shrank 0.9 percent in the last three months of 2016. That meant an overall dip of 3.6 percent in 2016, following a 3.8 percent fall in 2015.

W140 Full Story