international News

Accor earns higher profit despite sluggish France

Accor, Europe’s largest hotel group, forecast operating profit would rise this year as cost-cutting ...

Victory LapAccor eyes 90 properties by 2015
Gaza ceasefire deal with Israel reached: Palestinian officials
Palestinian officials said on Tuesday a Gaza ceasefire deal with Israel has been reached under Egypt...

Swiss bank Pictet publishes results, breaks from 209-year-old tradition

Swiss private bank Pictet opened its books to public scrutiny for the first time on Tuesday, after b...

Fund managers look to make room for Alibaba

Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group’s mark...

Roche to buy US firm InterMune in $8.3-bn deal

Roche Holding has agreed to buy US biotech company InterMune for $8.3 billion in cash, helping the w...

French govt resigns amid split on policy

French Prime Minister Manuel Valls presented his government’s resignation on Monday.
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Britain raises terror threat level to ‘severe’
Britain raised its international terrorism threat level to the second highest level of ‘severe’ on ...
Fiat says Chrysler merger on track
Fiat signalled its merger with US affiliate Chrysler was on track on Friday as a tally of shareholde...
Sierra Leone ‘hero’ doctor’s death exposes slow Ebola response
When two American aid workers recovered from Ebola after being treated with an experimental drug...
Delivery start-ups are back like it’s 1999
Last year, I was excited to hear about a new start-up in San Francisco that delivered cheap bottles....
China targets own operating system to take on likes of Microsoft, Google
The operating system would first appear on desktops and later on mobile devices
Obama to business owners: Tell your lawmakers to renew Ex-Im Bank
President Barack Obama on Saturday urged business owners to press Congress to reauthorise the US Exp...
Amazon's own online ad software soon
The new system could challenge Google and Microsoft’s advertising business
China not a threat, says president Xi Jinping
Promising more shared development and less tensions in relations with the neighbours, Chinese presid...
Goldman in $1.2-billion deal over US bond claims
Goldman Sachs Group has agreed to a settlement worth $1.2 billion to resolve a US regulator’s claims...
Toyota to cut prices of Lexus auto parts in China
Toyota Motor said on Thursday that it would cut prices of auto parts for its luxury Lexus models in ...
Belarussian oysters anyone? EU food trade looks to sidestep Russian ban
People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnsh...
Mercedes-Benz guilty of price fixing, say Chinese regulators
Law allows regulator to fine up to 10% of company’s China revenue
Russia may ban car imports on further Western sanctions
Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars...
WikiLeaks’ Assange hopes to exit London embassy if UK allows him
WikiLeaks founder Julian Assange, who has spent over two years inside Ecuador’s London embassy to av...
China FDI for Jan-July falls for first time in 17 months
China’s foreign direct investment inflows in January-July fell for the first time in 17 months compa...
Canada’s Couche-Tard among suitors for $16-bn Sinopec unit
Deal values Sinopec Sales at $53-66 bn, final bids due by Aug-end
Container shipping rise bodes well for world trade
Moller-Maersk, a shipping company that investors monitor as a bellwether for world trade, on Tuesday...
BHP announces spin-off plan, no share buyback yet
"We will continue to look at ways of shifting excess cash in a timely way to our shareholders,” chie...
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