London-HSBC Holdings Plc (HSBA), Europe's biggest bank, slid in London and Hong Kong trading after profit missed analysts' estimates and Chief Executive Officer Stuart Gulliver said fast-growing emerg...
BERLIN - Germany's flag carrier Lufthansa says it has no immediate plans to reintroduce flights to Harare despite renewed interest and comebacks by other major airlines in recent times, a company spok...
LONDON - Standard Chartered lagged behind a rising London market yesterday as emerging markets uncertainty led Morgan Stanley to turn cautious. The broker cut Chartered to “neutral” ahead of inter...
The US electricity market's overseer has slapped Barclays with a record $470m penalty over manipulating power prices, in the latest heavy regulatory sanction against the UK bank. The Federal Energy Re...
Standard Chartered was a faller yesterday as a move by India to tighten liquidity raised concerns about the strength of its loan book. Chartered lost 2.8 per cent to £15.04 after the Reserve Bank of...
The bank that blazed a trail across African borders to build the continent's most geographically diverse network is in the throes of a bitter boardroom battle over outstanding debts owed by businesse...
Washington -Tablet prices are plunging amid a flood of new devices and cutthroat competition for market share.Amazon has slashed prices of its Kindle HD tablets to as low as $169 (R1 673) in the US a...
THE National Union of Mineworkers (NUM) will start a strike from this evening at four De Beers businesses in South Africa, including three mines, the union said.De Beers, the world’s largest produce...
Two more Portuguese ministers from the junior ruling coalition party were ready to resign on Wednesday, local media said, deepening turmoil that could trigger a snap election and derail Lisbon's exit ...
The International Air Transport Association (IATA) announced global passenger traffic results for May showing that air travel continued to expand at a healthy rate. Growth was led by emerging markets...
The Federal Reserve warned US banks to expect a new raft of regulations on top of the Basel III capital regime it implemented on Tuesday. At a board meeting in Washington, Fed officials led by chairma...
Greece has three days to reassure Europe and the IMF that it can deliver on conditions attached to its bailout in order to receive its next tranche of aid, four euro zone officials said on Tuesday. Th...
British Airways will start testing an electronic baggage tag which could remove the need for a new paper tag each time a traveller flies and speed up passenger check-in times at the airport.Passengers...
Washington - The White House has assembled a short list of candidates to succeed Federal Reserve Chairman Ben Bernanke, a source familiar with the process said last week, and US Treasury Secretary Jac...
New York - For only the fourth time in history, there will be a new $100 bill.America's Federal Reserve announced that after a three-year delay due to slower-than-expected production there will be an ...
London - Canadian Mark Carney begins his job as governor of the Bank of England on Monday, joining an institution divided on whether to pump out more cash stimulus to boost Britain's fragile economic ...
London - A former chairman of Tesco, the world's No.3 retailer, said that restoring the store group's fortunes could take up to three years and appealed to investors to give Chief Executive Phil Clark...
Morgan Stanley (MS) completed its purchase of a brokerage joint venture with Citigroup Inc.'s Smith Barney, capping a four-year effort to more than double the size of its wealth-management division.Mo...
DOHA - Qatar's emir Sheikh Hamad bin Khalifa al-Thani said on Tuesday he was transferring power to his son, Crown Prince Sheikh Tamim, taking the rare step for a Gulf Arab ruler of voluntarily ceding ...
SYDNEY - Kevin Rudd's victory as leader of Australia's governing Labor Party may boost consumer and company confidence before an election that could be held as early as August, according to investors,...
LONDON - Britain suffered a much deeper recession in 2008-09 than first thought and the economy remains further from recovering its pre-crisis size, according to sweeping revisions to official data.Re...
LONDON - British Prime Minister David Cameron said on Monday that the UK's spies acted within the law, following revelations that the intelligence agencies had received data collected secretly by the ...
Washington - President Barack Obama on Monday will nominate longtime adviser Jason Furman to be his new chief White House economist, an administration official said.Furman, who will replace economist ...
Emirates SkyCargo, the freight division of Emirates, has cemented its position as a leading global player in air cargo industry by winning the 'Cargo Airline of the Year 2013' award at the Air Cargo W...
HARARE - Brisbane is set to become Emirates' third Australian destination to welcome the airline's flagship Airbus A380, with the announcement that Emirates will operate the A380 on the Dubai to Bri...
Young Investment Professional (YIP) Graduate Programme 2019
Employment Opportunities at Oxfam in Zim