India's debt-stricken Jet Airways grounded all of its operations Wednesday after failing to secure emergency funding from lenders, the carrier said in a statement.
India's stricken Jet Airways appeared to be edging closer to collapse Monday after lenders failed to take a decision on whether to release crucial funds to keep the debt-laden carrier flying.
China's economy cooled further in the first quarter, according to an AFP survey of analysts, as Beijing resorted to tried-and-tested measures to combat tepid global demand and a bruising US trade war.
Ezdan Holding Group is contemplating nullifying its earlier proposal to delist from the Qatar Stock Exchange (QSE) in view of the robust momentum in the domestic economy.
Paris has climbed to the top of the world's priciest city for expatriates, tied first with Singapore and Hong Kong according to a survey Tuesday that named the capital of strife-torn Venezuela as the cheapest.
Italy will sign a memorandum of understanding with China to officially support Beijing's massive Belt and Road Initiative (BRI), the Undersecretary of Foreign Affairs said Monday.
India’s central bank is seen curtailing its support for the bond market, dashing hopes of relief for investors reeling under two straight months of declines.
Honda announced Tuesday it would shut a major plant in Britain, putting 3,500 jobs at risk as the auto manufacturer became the latest Japanese firm to downsize operations as Brexit looms.
Stuck between an endless waitlist for a government job and a frail private sector, Iraqi entrepreneurs are taking on staggering unemployment by establishing their own start-ups.
The EU's powerful anti-trust sheriff, Margrethe Vestager, is set to veto the merger of the Siemens-Alstom rail businesses on Wednesday, in defiance of France and Germany.