Indian-origin businessman and founder of the Liberty Group Sanjeev Gupta on Friday formally took charge of Tata Steel’s loss making plants in Scotland,…

AFP, NEW YORK:  Stock markets rebounded in Europe and on Wall Street Friday behind higher oil prices, although worries about the upcoming earnings…

AFP, CARACAS:  Ah, long weekends.Three precious days to catch up on sleep, spend time with family, enjoy a getaway... or, in Venezuela, to stand…

Ensuring greater availability of funds in the local Small and Medium Enterprise (SME) sector will add pace to the national development process, say stakeholders…

AFP, HONG KONG: British Foreign Secretary Philip Hammond yesterday urged China to reduce its steel production levels as the UK grapples with an industry crisis that could see thousands of jobs lost. Speaking with Chinese Foreign Minister Wang Yi in Beijing, en route to Hiroshima for the G7 Foreign Ministers’…

AFP, NEW YORK:  Wells Fargo will pay $1.2 billion to refund US agencies for wrongly certifying bad loans for federal home insurance ahead of the 2008 housing bust, the Department of Justice announced Friday. The settlement resolves charges that Wells Fargo, a giant in the US mortgage lending, employed…