Dubai-based United Engineering Construction (UNEC) plans to raise around 1 billion dirhams ($272 million) in debt to finance its building work on a major shopping mall project, banking sources familiar with the matter said. The company is building the Deira Mall in Dubai for United Arab...

European national consumer bodies pressed Volkswagen (VOWG_p.DE) to fix all emissions-cheating vehicles by the end of the year, in a joint letter on Thursday showing mounting impatience with the German carmakers response to the Dieselgate scandal. VW has pledged billion of dollars to...

Vladimir Putin took a jab at Rex Tillerson on Thursday, joking that the U.S. Secretary of State had “fallen in with the wrong company” since he had awarded him a Russian state honor for his contribution to Russian-U.S. relations. Hopes of detente in Moscow’s relations with...

Startup company Hotel Tonight, betting that superior mobile technology will give it an edge, is expanding its hotel-booking offerings and going toe-to-toe with the big online travel companies. Hotel Tonight early next month will allow users to reserve a hotel up to 100 days in advance...