AFP, WASHINGTON: Backers and opponents of “Open Internet” rules clashed Friday in a federal appeals court, in the third round of a battle on how US broadband providers may be regulated. The so-called “net neutrality” case, one of the most hotly contested tech policy issues in…

Inflow of remittance is expected to cross US$16 billion mark in the fiscal year 2015-16 as modernisation and digitisation of the banking sector have brought…

XINHUA, NAIROBI: A trade expert on Friday called on African countries to adopt the Chinese methods of production in order to prop up its underdeveloped trade and industrial capacity. Darlington Mwape, Senior Fellow at the International Center for Trade and Sustainable Development (ICTSD), a global organization…

AFP, OTTAWA: Canada posted its 14th consecutive monthly trade deficit in October, as exports to its key trading partner the United States fell, the government statistical agency said Friday.   Missing analysts’ expectations, the trade deficit widened from Can$2.3 billion (US$1.7 billion)…

The Walton awarded 20 distributors for their outstanding performances during the current year at its ‘Dealer Conference 2015’ held at Walton…

Etihad Airways was named Airline of the Year 2016 by US-based aviation industry publication Air Transport World (ATW). ATW selected the Abu Dhabi-based national airline of the United Arab Emirates from a field of more than 100 global competitors, a press statement said yesterday. The 2016 Airline of…

AFP, WASHINGTON: Strong hiring across the US economy in November lent fresh support yesterday to the Federal Reserve embarking on a long-awaited series…

AFP, SAN FRANCISCO: Samsung has agreed to pay smartphone rival Apple just over $548 million in a years-long patent battle in federal court in California. The South Korean electronics colossus said in a legal filing Thursday it will pay Apple the partial judgement awarded but that reserves the right…

AFP, FRANKFURT: The ECB was under fire Friday for failing to act as decisively as expected to rekindle inflation, with some market players suspecting…

AFP, NEW YORK: Oil prices sank Friday as the OPEC cartel decided not to cut output despite the global oversupply that is battering the market. The 13-member…