World Business News

The president of Emirates Airlines said Dubai's business world was "shocked" by the debt crisis which has struck the city state, according to a newspaper interview published here on Sunday. "We are all a bit shocked by what's happened and...

Dubai, to Indians, has always been associated with the good things of life. Movie stars from Shahrukh Khan to Hrithik Roshan have invested in properties in Dubai and are now waiting for further developments. The annual Dubai festivals used to...

Seattle was the hot ticket, the cool place — everybody wanted to come here...Snagging the convention of the World Trade Organization, with more than 5,000 trade delegates from 134 countries, and some 3,000 journalists, capped a long run of successes...

Dubai said last week that it would delay payment on debt issued by Dubai World and property developer Nakheel, igniting fears over sovereign debt defaults and sending global markets sharply lower. Dubai World and Nakheel have outstanding debt of $59...

JP- Morgan Chase is letting Facebook users help decide how to give away $5 million. The idea is to get small, local charities on Chase's radar — ones that don't have the operating budget to go around asking for grants...

Premier Wen Jiabao on Sunday restated China's long-standing position that the yuan's exchange rate should be kept at a reasonable, balanced level. State television showed Wen meeting a trio of top economic officials from the euro zone, who were making...

Another Black Friday has come and gone, but a lot more holiday shopping will be done during the coming four weeks. If you still have work to do on your gift-giving list, here are tips to complete your shopping with...

Bernanke said removing the Central Bank from bank supervision and tampering with its political independence would �seriously impair� economic stability in the US. �A number of the legislative proposals being circulated would significantly reduce the capacity of the Federal Reserve...

UK taxpayers are funding the destruction of my homeland The tar sands industry is trampling on the rights of Canada's First Nation communities. And RBS is among its biggest backers The treaty signed between Queen Victoria and my ancestors in...