Microsoft boss Satya Nadella has been given a pay package worth $84.3m, making him one of the top earners in the tech industry. The total pay package is largely made up of share awards, and most…
World Economy
China’s economic growth in the third quarter fell to its slowest since the depths of the global financial crisis more than five years ago, an AFP survey projects.
The country’s gross…
Investors are concerned about the future stability of Britain’s business environment, warning of a “huge uncertainty shock” if the UK leaves the European Union, or ends up with another coalition…
Organizations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 percent of the firms admitting difficulty in attracting and retaining critical skill…
Russia’s ruble dropped along with sovereign bonds after the country’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service amid sanctions over Ukraine.
Microsoft is gearing up to launch a wearable device within the next few weeks, Forbes has learned. The gadget is a smart watch that will passively track a wearer’s heart rate and…
Russian construction company NPO Mostovik has developed a plan of designing and upgrading railways and ore enriching plants, as well as developing and processing natural resources in…
The Bank of Japan cut its view of one of the nation’s nine regional economies Monday, the first downgrade to any region since Gov. Haruhiko Kuroda took office in the spring of 2013.
Assistant governor of the Reserve Bank of Australia, Christopher Kent, has called on Australians to work later into their lives, in a bid to combat productivity loss associated with ageing…
Broader markets started on a positive note, helped by Friday’s late revival by shares on Wall Street, which saw the S&P 500 close 1.3% higher at 1,886.8 points. Tokyo shares ended…
software maker SAP on Monday cut its outlook for full-year operating profit amid an accelerating shift by customers to buy its software over the Internet rather than as packaged software,…
International Business Machines Corp. (IBM) agreed to pay Globalfoundries Inc. $1.5 billion to take an unprofitable chip-manufacturing unit off its hands, according to two people with…
When Europe announced its latest health check of top banks early last year it promised a “comprehensive assessment” of how well prepared they were to withstand another financial…
Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators to cut its risks following an anti…
Gold edged up on Monday towards a one-month high, recovering from earlier losses, as concerns about a slowdown in the global economy persisted despite strong US data.
An independent Australian watchdog says there are “significant risks” to the federal budget from spending rises and revenue falls. The government’s projections show the budget moving from a…
The 10th World Islamic Economic Forum (October 28 to 30) will be attended by a number of global leaders, business leaders and high-profile speakers addressing some of the most critical economic…
Europe’s economy sputters, oil prices plunge and stocks start swinging wildly. Wall Street’s long dormant “fear index” now predicts more turbulence ahead.
Vincent Bollore is seeking to boost his stake in Havas SA (HAV), in a move that would give the French billionaire majority ownership of one of the world’s largest advertising companies…
A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans: Should I refinance my mortgage?
Across the country, homeowners and would-be homeowners eager…
Climate Change Warriors from 12 Pacific Island nations paddled canoes into the world’s largest coal port in Newcastle, Australia, to bring attention to their grave fears about the…
Increasing the savings is necessary to accelerate Turkish growth, Central Bank Governor Erdem Basci said, adding that the government will unveil a comprehensive action plan for maintaining “…
Bank of Italy head and ECB governing council member speaking in Bologna last night in Visco where he said the pooling of budgets in these key areas should be a step towards the eventual creation…
America’s youngest self-made female billionaire is 30 years old and a college dropout. The company she founded has the potential to change health care for millions of Americans, CNN reported. For…
A significant decline in commodity prices in recent weeks — coupled with a worsening global economic outlook and major corrections in global equity markets — could result in a Great Deflation,…
