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Corporate News 30 Jan 2017 | 7:10 AM

Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

NEW YORK: Starbucks Corp Chief Executive Officer Howard Schultz said the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump's executive order banning refugees from certain countries.

Corporate News 30 Jan 2017 | 1:44 AM

US tech leaders sound alarm over Trump immigration order

San Francisco: The US technology industry, a major employer of foreign workers, hit back on Saturday at President Donald Trump's sudden executive order on immigration, with some leaders calling it immoral and un-American.

Economy 28 Jan 2017 | 10:24 PM

US companies scramble to cope with 7-country immigration ban

SAN FRANCISCO: U.S. companies scrambled on Saturday to cope with the fallout from President Trump's executive order on immigration, with Google urgently calling back employees from overseas and companies rushing to provide legal advice and assistance.

Corporate News 28 Jan 2017 | 10:20 PM

Trump immigration curbs cause worldwide chaos, panic, anger

WASHINGTON: President Donald Trump's most far reaching action since taking office plunged America's immigration system into chaos on Saturday, not only for refugees but for legal U.S. residents who were turned away at airports and feared being stranded outside the country.

Business 30 Nov 2016 | 12:00 AM

Sweden’s economy slows as investments stall in Q3

STOCKHOLM: Swedish growth slowed in the third quarter as an expansion in the Nordic region’s largest economy continues to abate from last year’s output peak.

Business 03 Oct 2016 | 12:00 AM

ZEW’s Wambach sees German economic boom at risk

FRANKFURT: Germany’s economic success risks being undermined by the country’s unwillingness to adapt, according to the head of the ZEW Center for European Economic Research.

Economy 14 Sep 2016 | 1:58 PM

Brexit not the end of European Union, Juncker says

STRASBOURG: The president of the European Commission, Jean-Claude Juncker, sought on Wednesday to rally support for the European Union, saying the bloc battered by the UK Brexit referendum was not about to break up despite its existential crisis.

Economy 05 Sep 2016 | 3:54 PM

G20 warns against slide into protectionism

HANGZHOU: The world’s leading economies spoke out against a return to protectionism and defended the unfashionable concepts of free trade and globalisation Monday, warning the listless global economy needs an urgent reboot.

Analyst Reports 23 Jul 2016 | 12:00 AM

The Age of Uncertainty

THE Age of Uncertainty is a book and BBC series by the late Harvard economist John Kenneth Galbraith, produced in 1977, about how we have moved from the age of certainty in 19th century economic thought to a present that is full of unknowns.

Economy 20 May 2016 | 5:33 AM

Global growth tops agenda as G7 meeting kicks off in Japan

Sendai, Japan: Finance ministers and central bankers from the G-7 kicked off meetings in Japan on Friday that could highlight a divide among the club of rich nations over currency policy and how to rev up global growth.