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UK opposition leader backs 'cautious' deficit cuts

26th September, 2010 16:56

Britain's new opposition leader Ed Miliband said on Sunday he supported "cautious" cuts in the budget deficit, saying government plans for spending cuts were econo
Dubai determined to obtain credit rating: Paper

26th September, 2010 16:08

Dubai is determined to obtain a sovereign credit rating as a next step but it will take some time due to the global economic situation, the Gulf emirate's finance
Italian fashion houses see 2011 as key test for recovery

26th September, 2010 16:05

The luxury industry will only see in 2011 whether a full recovery is under way, Italian fashion representatives said this week, with one predicting global sales co
Two more Australian athletes snub Delhi

26th September, 2010 15:49

Two more Australian athletes have pulled out of the Commonwealth Games in India citing security and health concerns, adding to the growing list of withdrawals from
Lehman art collection takes in $12.3m at auction

26th September, 2010 15:14

An auction of fine art from the Lehman Brothers collection took in USD 12.3 million on Saturday, beating expectations but barely denting the billions owed from the
Week to go, India makes mad-dash to ready Games Village

26th September, 2010 13:50

Workers removed rain water, scraped dirt and painted walls at the Commonwealth Games Village on Sunday as India raced to address complaints of filth and hygiene a
Bhavarlal Jain's Lucky Harvest

26th September, 2010 13:28

Bhavarlal Jain's Lucky Harvest
AIG flags $2 bn pre-tax profit for AIA in 2010

26th September, 2010 12:21

AIA Group Ltd, the Asian life insurance business of American International Group Inc, will likely have a pre-tax operating profit of at least USD 2 billion for the
Saudi energy demand rising too fast: Central bank

26th September, 2010 11:01

Saudi Arabia needs to tame growth in its domestic oil and gas consumption, which are too big for both its population growth and the size of its economy, the centra
Japan eyes $54 bn extra budget: Media

26th September, 2010 11:00

Japan aims to raise about 4.5 trillion yen (USD 54 billion) in extra funds in the year to March without issuing new government bonds, the Nikkei business daily sai
SEBI to issue norms against planting of news, ads

26th September, 2010 10:18

Stock markets regulator SEBI is considering issuing certain norms to deal with the planting of news articles as well as the misleading advertisements that are publ
French court orders Google Inc to pay libel damages: Media

26th September, 2010 08:37

A French court has ordered Google Inc to pay 5,000 euros (USD 6,672) in libel damages to a man who claimed that searches for his name automatically yielded a list
Govt says to review security deployment in Kashmir

26th September, 2010 08:37

India will consider scaling back security forces in the disputed Kashmir region, the government said on Saturday, in a bid to calm public anger after months of pro
Anil Ambani to buy stake in ICEX: Report

26th September, 2010 08:37

India's market regulator has approved a proposal by billionaire Anil Ambani's group to buy a 26% stake in a local commodities exchange, the Economic Times newspape

Chinese carmaker in talks for Russian plant: Advisor

26th September, 2010 16:08

A Chinese automaker is in talks to set up an assembly plant in the Russian city of Yaroslavl, Russia's top economic advisor said, during a state trip to promote tr
Hyundai to recall Sonata sedans in US

26th September, 2010 16:08

Hyundai Motor, South Korea's top automaker, will recall some 139,500 Sonata sedans sold in the United States, due to problems with the steering wheel that could ca
Fiat mulls Ferrari IPO to boost Chrysler stake: Report

26th September, 2010 15:49

Italian automaker Fiat is considering listing part of its sports car unit Ferrari to raise cash in order to increase its stake in US carmaker Chrysler, Il Corriere
UAE sees BlackBerry issue solved before deadline

26th September, 2010 15:14

The United Arab Emirates is "very optimistic" about reaching an agreement in a dispute with BlackBerry maker Research In Motion before an official deadline, a top
Israeli settlements are first hurdle to peace talks

26th September, 2010 14:04

A 10-month Israeli moratorium on building housing in its settlements in the occupied West Bank expires at midnight on Sunday, and the Palestinians have threatened
Japan to 'ease policy appropriately if necessary'

26th September, 2010 13:50

Japan will ease monetary policy appropriately if necessary, while keeping an eye on the impact of the yen's rise on the economy, Bank of Japan Governor Masaaki Shi
Britain's top tennis player Baltacha pulls out of Games

26th September, 2010 12:21

Britain's number one tennis player Elena Baltacha has withdrawn from the Commonwealth Games in Delhi because of concerns about disease and hygiene.
Corruption destroys contract between athlete and fan

26th September, 2010 12:04

Corruption in sport destroys the credibility of the afflicted game, erodes spectator support and jeopardises commercial contracts.
LG Chem, Mitsubishi Motors to develop battery: Report

26th September, 2010 11:00

LG Chem Ltd will jointly develop a lithium-ion battery system with Mitsubishi Motors Corp, the Japan's Nikkei business daily reported on Sunday.
Hughes Comm may go for India listing soon

26th September, 2010 10:21

Hughes Communications India, a subsidiary of the US-based Hughes Communications, Inc., has hinted at an initial public offering (IPO) in a year or two to fund a ma
Climate activists close down world's largest coal port

26th September, 2010 09:31

Australian climate change activists on Sunday closed down operations at the world's largest coal port after entering its three terminals and attaching themselves t
Olympics: US television rights battle set to rage

26th September, 2010 08:37

Describing the Olympics as the last refuge of family viewing in the United States, Dick Ebersol, the head of NBC Universal Sports, said on Friday the network is re
Commonwealth Games chief says all countries will take part

26th September, 2010 08:37

The Commonwealth Games Federation chief said on Saturday there was still work to be done amid concerns about security before India's showcase event starts next wee
EU to drop Apple probes after firm's policy changes

26th September, 2010 08:37

EU antitrust regulators will scrap two investigations into Apple Inc's iPhone after the company allowed cross-border repair services and eased restrictions on appl

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