International Business

Former GE CEO Jeff Immelt, whose name was on the shortlist, on Sunday removed himself from the running for the top job.

Earlier this month, Supreme Court ordered the liquidator to start the auction process for Sahara group's Aamby Valley resort town.

The rise of Donald Trump, the vote by Britain to leave the European Union and the spread of opposition to globalisation have worried central bankers and many mainstream economists who feel that the problems associated with globalisation have overshadowed the benefits and morphed into broad opposition to it.

Awards in the six-nation Gulf Cooperation Council dropped to $56.1 billion in the January-June period from $69.3 billion a year earlier, according to MEED Projects.

Moon has repeatedly urged North Korea not to "cross the red line" but had not previously elaborated what that would constitute.

Since June 5, Saudi Arabia and allies Bahrain, Egypt and the United Arab Emirates shut down air, maritime and land links with Qatar, and imposed economic sanctions, accusing Doha of supporting "terrorists" and of being too close to Iran.

Amazon.com has said that it has more than 50,000 job openings across the United States to help fulfill customer orders.

Apple's size and brand name allows the company to borrow cheaply, said Altaf Nanji, head of corporate research at Manulife Asset Management.

The e-commerce company has come to realise that certain transactions like buying fresh produce are hard to shift online.

The resignations came as criticism mounted over Trump's slow response to the weekend demonstration which ended in bloodshed.

Warren Buffett's Berkshire said it owned 17.5 million shares of Synchrony, a private label credit card issuer split off from GE in 2014, worth about $521 million as of June 30.

Saudi officials said the figures showed the world's largest oil exporter was making good progress in repairing state finances that have been severely damaged by slumping oil prices in the last three years.

The visa scheme is just the latest in a series of measures aimed at preparing Qatar for greater economic independence in the long term. Efforts led by Kuwait to resolve the rift are ongoing.

SoftBank has not released a forecast for the current business year ending March, saying there are too many uncertain factors.

The healthcare sector's worry has been taking a toll on IT services providers lately, forcing them to give bleak forecasts.