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Business 14 Mar 2018 | 12:00 AM

Dead malls are alive and well in Wall Street’s loan segment

LONDON: American shopping malls may be dying, but their debt is still very much alive.

Cryptocurrency 26 Dec 2017 | 10:51 PM

Bitcoin recovers some losses after its worst week since 2013

SINGAPORE/TOKYO/NEW YORK: Bitcoin rose 15 percent on Tuesday, recouping about half of the losses it sustained last week, its worst since 2013, as investors who had missed out on earlier rallies bought the world's biggest and best-known digital currency

Cryptocurrency 25 Dec 2017 | 10:48 PM

Israel regulator seeks to ban bitcoin firms from stock exchange

JERUSALEM: Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.

Business 07 Jan 2017 | 12:00 AM

Carney’s Brexit team waiting for key player

LONDON: Mark Carney’s Brexit team is waiting for a key player just weeks away from the start of the season.

Business 13 Jul 2012 | 12:00 AM

Peugeot cuts 8,000 jobs; Opel axes CEO

PARIS/MUNICH: The woes confronting Europe's auto industry surfaced dramatically Thursday when France's PSA Peugeot Citroen announced 8,000 job cuts and a plant closure and Germany's Opel got its fourth CEO in less than three years.

Business 23 Feb 2012 | 12:00 AM

Peugeot-GM alliance?

PARIS: General Motors (GM) and PSA Peugeot Citroen are discussing a broad manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, according to sources with knowledge of the matter said.

Business 24 Oct 2007 | 12:00 AM

Wal-Mart: Sales growth will slow for next 3 years

Wal-Mart Stores Inc. will cut back on spending to build new stores and tighten cost controls as sales growth slows over the next three years, Chief Financial Officer Tom Schoewe told investors and analysts at a conference Tuesday.