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  • Govt to infuse Rs 1200 crore in Air India

    25th July, 2010 20:04

    Government is leaving no stone unturned to infuse life to the not-so-well airline Air India. Union Minister of State for Civil Aviation Praful Patel has said the g

  • Bomb explodes as Bangkok votes, wounding eight

    25th July, 2010 19:41

    A bomb exploded in Bangkok on Sunday, wounding at least eight people, as the city voted in a by-election that could signal whether recent unrest has changed Thaila

  • Fraudsters angle for piece of BP oil spill fund

    25th July, 2010 18:28

    Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece of the USD 20 billion BP has set aside to compensate residents for

  • Schumacher's struggles reflected in German crowd

    25th July, 2010 17:43

    The German Formula One fans are camped out in the forest as ever, drinking beer and grilling sausages on damp barbecues, but the red sea of Ferrari and Michael Sch

  • Sugar stocks: sweet on decontrol hopes?

    25th July, 2010 15:07

    Indian sugar stocks, which have underperformed the broader market so far in 2010, have been edgy over the last one month on hopes the government will soon de-contr

  • Facebook could be social pariah in Asia

    25th July, 2010 14:36

    As Facebook gears up for a major push in Asia, the social networking giant may learn that good friends are hard to find as it faces privacy concerns in Japan and K

  • Roddick upset by Fish in Atlanta semi-finals

    25th July, 2010 10:15

    Mardy Fish extended his winning streak to nine matches by defeating top seeded Andy Roddick 7-6 6-3 on Saturday to advance to the final of the Atlanta Tennis Champ

  • German 2010 GDP growth may be above 2%

    25th July, 2010 10:14

    The German economy will likely grow stronger in 2010 than the government had earlier expected, with GDP seen expanding by 2% or more, Economy Minister Rainer Brued

  • Taiwan wins WTO flat-panel tariff case against EU

    25th July, 2010 10:12

    Taiwan has won a World Trade Organisation dispute against the European Union over LCD flat-screen panel tariffs, saving island exporters up to USD 611 million a ye

  • Qatar regulator wants Virgin launch changes: Vodafone

    25th July, 2010 10:12

    Qatar's regulator has asked for 'significant changes' in Virgin Mobile's launch into the Gulf state in partnership with rival Qatar Telecom, Vodafone Qatar said on

  • New Zealand sign sponsorship deal with Asics

    25th July, 2010 10:11

    New Zealand athletes will be kitted out by Asics Corp at the 2012 London Olympics as part of a sponsorship deal with the Japanese sports goods company.

  • Russia plans $29 bn state asset sale: ministry sources

    25th July, 2010 09:48

    Russia plans to sell minority stakes in 10 major state-run firms, earning over USD 29 billion from 2011 to 2013 to plug budget holes, finance ministry sources told

  • Pakistan beat Australia by three wickets in second test

    25th July, 2010 09:48

    Pakistan beat Australia by three wickets on the fourth day of the second test at Headingley in Leeds, England, on Saturday. The series is tied at 1-1.

  • Europe's media react to bank stress test results

    25th July, 2010 09:48

    Just seven European banks failed a health check and were ordered to raise their capital by 3.5 billion euros (USD 4.5 billion), much less than expected, confirming

  • Greece will get second EU/IMF aid tranche

    25th July, 2010 09:48

    Greece will now get a second aid tranche of a European Union and International Monetary Fund bailout as it has met the conditions set in an austerity plan, its fin

  • DLF-Limitless seeks approval for FDI clearance: Sources

    25th July, 2010 20:00

    DLF-Limitless, a 50:50 joint venture between Indian realty major DLF and Dubai World's Limitless, is seeking a Foreign Investment Promotion Board (FIPB) nod to rep

  • UBS seeks 2,200 new hires in Asia

    25th July, 2010 18:28

    Swiss bank UBS the top wealth manager in Asia, plans to hire 2,200 new staff in the region, the head of UBS in Asia Pacific said in an Swiss magazine interview, a

  • Italy minister asks Fiat to preserve plants

    25th July, 2010 18:28

    Fiat should keep its pledge to boost Italian car production, a newspaper cited the labour minister as saying, after the company said last week it would move produc

  • BP to discuss CEO Hayward's exit on Monday

    25th July, 2010 17:43

    BP Plc's board will discuss the future of Chief Executive Tony Hayward when it meets on Monday to discuss the Gulf of Mexico oil spill and the firm's second-quarte

  • Bahrain to privatise Gulf Air as soon as possible

    25th July, 2010 14:52

    Bahrain plans to privatise national carrier Gulf Air as soon as possible encouraged by positive results in its restructuring, a senior government official said in

  • BP resuming oil spill work as storm fizzles

    25th July, 2010 10:52

    Ships and workers moved back into BP Plc Gulf of Mexico oil spill site on Sunday as seas calmed, and BP could begin pumping mud into the blown-out well later this

  • Menezes accepts offer to coach Brazil

    25th July, 2010 10:14

    Mano Menezes, currently coach of Corinthians, accepted an offer to take over as coach of Brazil on Saturday.

  • Bonnie fades but disrupts US Gulf oil output

    25th July, 2010 10:14

    The remnants of Tropical Storm Bonnie dissipated over the Gulf of Mexico on Saturday after the mere threat of the storm took a big bite out of production in the Gu

  • Focus shifts to weaker EU banks post stress test

    25th July, 2010 10:12

    So few banks failed Europe's long-awaited stress tests on Friday that investors will likely focus instead on the dozen or so banks that just scraped through when m

  • McLaren aim to overtake Ferrari as top F1 brand

    25th July, 2010 10:11

    McLaren aim to overtake glamour team Ferrari as Formula One's leading brand within the next 20 years, team principal Martin Whitmarsh said.

  • US won't target more Swiss banks on tax

    25th July, 2010 10:11

    The United States, which targeted Swiss bank giant UBS in a damaging tax fraud probe last year, is not planning to carry out new tax investigations against Swiss b

  • Iran won't trade with countries imposing sanctions

    25th July, 2010 09:48

    Iran warned on Saturday it would stop trading with countries that impose restrictions on its assets abroad in the face of tightening international sanctions over t

  • Obama criticizes Republicans on US economy

    25th July, 2010 09:48

    President Barack Obama criticized Republicans on Saturday for supporting economic policies that 'created this mess in the first place' as he tried to raise electio

  • Korean broadcaster fined $1.64 mn for World Cup exclusive

    25th July, 2010 09:48

    South Korea's SBS TV has been fined 1.97 billion won (USD1.64 million) by the state regulator for not sharing coverage of World Cup matches with other broadcasters

  • BP to resume oil spill work as storm eases

    25th July, 2010 09:48

    BP moved ships and workers back to the Gulf of Mexico oil spill site as a storm eased on Saturday, and it could begin pumping mud into the blown-out well to try t

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