Home / Business (page 5)


Russia’s Lavrov says new US sanctions harm ties with Washington

MOSCOW: Russian Foreign Minister Sergei Lavrov told his US counterpart Rex Tillerson on Thursday that new sanctions imposed by Washington on Russia would damage relations between the two countries, the Russian Foreign Ministry said in a statement. “Actions of this kind, put the entire sphere of Russian-American relations at serious ...

Read More »

Health stocks help European equities cut losses

LONDON: A rise in European health stocks helped pull European shares out of negative territory on Thursday, pegged back by the slide in the energy sector on the back of weakened oil prices. The pan-European STOXX 600 index ended the session flat following two days of straight losses, while the ...

Read More »

Ryan wants to ‘get moving’ on Iran, Russia sanctions

WASHINGTON: US House of Representatives Speaker Paul Ryan said on Thursday he backs efforts to quickly move legislation to impose new sanctions on Russia and Iran that passed the Senate nearly unanimously but was stalled by a procedural snag in the House. Ryan said Representative Ed Royce, the Republican chairman ...

Read More »

Svitolina latest high-profile casualty in Birmingham

BIRMINGHAM: World number five Elina Svitolina became the latest in a series of top-10 casualties when she lost to qualifier Camila Giorgi in the second round at Birmingham on Thursday. It is only a month since the 22-year-old Ukrainian tasted the euphoria of winning the Italian Open in Rome, but ...

Read More »

Kulbushan admitting espionage files mercy petition to COAS

RAWALPINDI: Commander Kulbushan Sudhir Jadhav, the serving Indian Naval Officer who has been sentenced to death on charges of espionage, sabotage and terrorism has made a mercy petition to the Chief of Army Staff (COAS). In his plea, Commander Jadhav has admitted his involvement in espionage, terrorist and subversive activities ...

Read More »

Russian rouble rebounds, analysts see buying opportunity

MOSCOW: The Russian rouble bounced off multi-month lows on Thursday as oil prices stabilised, offering a buying opportunity given that analysts see Russian fundamentals on track to improve. Battered by a sell-off in oil prices, the rouble hit its weakest level since Feb. 1 at 60.43 on Wednesday but gained ...

Read More »