Who is afraid of the Modi-Obama 'bromance'? Certainly not China
Jan 31, 2015 at 12:35 | Source:
The broad road map for future strategic cooperation set out by the Obama-Modi joint statement is welcome and necessary. However, India must be very careful not to do this at the cost of its relationship with China. The sheer economic clout of China c...
Obama, Merkel want Russia held accountable for violence in Ukraine
Jan 29, 2015 at 00:51 | Source:
BERLIN (Reuters) - U.S. President Barack Obama and German Chancellor Angela Merkel expressed their concern about Russia's role in rising violence in eastern Ukraine in a phone call late on Tuesday and agreed on the need for funds to stabilise the Ukr...
Greek PM Tsipras promises radical change, markets tumble
Jan 28, 2015 at 23:20 | Source:
ATHENS (Reuters) - Leftwing Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on fina...
Apple's chief executive Tim Cook's salary up more than 40%
Jan 28, 2015 at 12:32 | Source:
The base salary of Apple chief executive Tim Cook was increased by almost 43% in February last year, according to the technology giant. Mr Cook's salary rose to $2m (£1.3m) from $1.4m, and his total remuneration more than doubled to $9.2m in 20...
Premier League opens TV rights bidding process
Jan 28, 2015 at 12:32 | Source:
The Premier League has opened bidding for the next tranche of television rights, for live games and highlights, from season 2016-17 to 2018-19. There will be 168 live matches up for grabs - up from the current 154 matches, split into seven packages. ...
Max India to be split into three separate companies
Jan 28, 2015 at 01:33 | Source:
MUMBAI (Reuters) - Max India Ltd(MAXI.NS), which has interests in areas including insurance and healthcare, said its board had approved splitting the company into three different entities to streamline the business structure and sharpen focus.Under t...
India-US CEO meet: Modi-Obama chemistry is fine, but PM must deliver
Jan 27, 2015 at 13:23 | Source:
The massive surge of good faith on display at the Modi-Obama joint interaction with the CEOs from India and US must soon translate into some concrete reality on the ground. It was very instructive to note the manner in which Obama made public before ...
Wall Street rises after Greek elections; energy climbs
Jan 27, 2015 at 03:30 | Source:
NEW YORK (Reuters) - U.S. stocks edged higher on Monday as investors brushed off fears a leftist victory in Greece would bring fresh crisis to the Eurozone and energy stocks advanced.The leftist, anti-bailout Syriza party won decisively in Greek parl...
Wall Street flat after Greek leftists' victory; energy stocks up
Jan 27, 2015 at 01:30 | Source:
NEW YORK (Reuters) - U.S. stocks were little changed on Monday as fears that a leftist victory in Greece would bring fresh crisis to the Eurozone were offset by a slight recovery in energy stocks.The leftist, anti-bailout Syriza party won decisively ...
Greek elections: What now for the euro?
Jan 26, 2015 at 16:47 | Source:
Anti-austerity party Syriza has won Greece's general election, pledging to renegotiate the enormous bailout with the country's international creditors. The conservative New Democracy party of outgoing Prime Minister Antonis Samaras will for...
PM Modi wins big with US nuclear deal, but what will Obama want in return?
Jan 26, 2015 at 07:35 | Source:
The Americans are known to be highly transactional in the way they craft and implement their foreign policy. History bears witness to this tendency.Before they agreed to join UK in the war effort against Hitler in 1941, Americans asked Britain to dis...
Ukraine bailout 'sufficient to rebuild credibility'
Jan 25, 2015 at 00:56 | Source:
Ukraine's new finance minister, Natalie Jaresko, has said a proposed bailout package from the International Monetary Fund (IMF) will be sufficient to rebuild credibility . Ms Jaresko is at the World Economic Forum in Davos to drum up internation...