1.1bn

Pakistan's dire economic crisis has forced it to take actions as per International Monetary Fund's conditions as the South Asian nation made tax-related announcements earlier this week.Finance Minister Ishaq Dar announced in Parliament on…

Charging customers higher electricity prices has helped the UK wing of the French state-owned energy giant turn a profit.While an overall loss was recorded at EDF (Électricité de France) earnings rose at its UK operations, it…

A new clearing bank set up to compete with Britain's biggest high street lenders is holding firm on its $1bn-plus valuation after receiving a further injection of capital from its backers.Sky News has learnt that The Bank of…

Chinese embassy spokesman Liu Pengyu said Saturday China was "firmly opposed" to the sales, which "severely jeopardize China-US relations and peace and stability across the Taiwan Strait," and called on Washington to "immediately revoke"…

Mumbai: In the largest external commercial borrowing (ECB) by a private finance company, mortgage major HDFC has completed a $1.1-billion ‘syndicated social loan facility’ to fund affordable home loans in India. The ECB is the largest…