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  • `BRICS to promote inclusive, balanced economic globalisation`

    'BRICS to promote inclusive, balanced economic globalisation'  

    Chinese Foreign Minister Wang Yi yesterday said the summit, to be held in southeast China's coastal city of Xiamen in September, will not only contribute to common development of BRICS (Brazil, Russia, India, China and South Afric...

    20 Feb 2017, 10.16 am  |  Source: PTI

  • Alibaba forms partnership with Bailian Group

    Alibaba forms partnership with Bailian Group  

    Alibaba has also struck a recent deal for a stake in retailer Suning Commerce Group Co Ltd and is seeking to take a controlling stake in Intime Retail Group Co Ltd.

    20 Feb 2017, 9.49 am  |  Source: Reuters

  • GM shares could climb 35% if it sells Opel: Barron`s

    GM shares could climb 35% if it sells Opel: Barron's  

    Last week, GM confirmed reports that it was in talks to sell its Opel business to Paris-based PSA Group, which manufactures brands including Peugeot.

    20 Feb 2017, 9.46 am  |  Source: Reuters

  • US economy now on `sound footing`: Fed`s Mester

    US economy now on 'sound footing': Fed's Mester  

    Cleveland Fed President Loretta Mester, at a forum in Singapore, did not comment specifically on interest rates. However she has dissented in the past in favor of quicker rate hikes and on Monday urged the Fed to focus on returnin...

    20 Feb 2017, 9.44 am  |  Source: Reuters

  • UAE seals deal with China`s CNPC for onshore oil project

    UAE seals deal with China's CNPC for onshore oil project  

    The Abu Dhabi National Oil Company says CNPC will pay an initial USD 1.77 billion for the concession operated by the Abu Dhabi Company for Onshore Petroleum Operations, also known as ADCO.

    20 Feb 2017, 7.52 am  |  Source: PTI

  • Nepal will focus on infrastructure development: PM Prachanda

    Nepal will focus on infrastructure development: PM Prachanda  

    Nepal is lagging behind in the area of development mainly due to the lack of adequate infrastructure which is the backbone of economic development, Prachand said while addressing the second 'Nepal Infrastructure Summit 2017' here.

    20 Feb 2017, 7.52 am  |  Source: PTI

  • Blast in Somalia kills 34 in Mogadishu marketplace

    Blast in Somalia kills 34 in Mogadishu marketplace  

    The blast by a car bomb parked near a restaurant went off at a busy time when shoppers and traders were gathered inside the market, said district commissioner Ahmed Abdulle.

    20 Feb 2017, 7.42 am  |  Source: PTI

  • Kraft Heinz withdraws $143 bn bid to buy Unilever

    Kraft Heinz withdraws $143 bn bid to buy Unilever  

    Unilever, which has a head office in London, earlier had spurned the offer, saying the price was too low.

    20 Feb 2017, 7.42 am  |  Source: PTI

  • Trump vows to defeat ISIS, rebuild military

    Trump vows to defeat ISIS, rebuild military  

    US President Donald Trump has vowed to "totally destroy" ISIS and rebuild the US military as part of measures to keep the country safe.

    19 Feb 2017, 9.52 am  |  Source: PTI

  • Pakistan lists Hafiz Saeed under anti-terrorism act

    Pakistan lists Hafiz Saeed under anti-terrorism act  

    Mumbai attack mastermind and JuD chief Hafiz Saeed, who is under house arrest, has now been listed under Pakistan's anti-terrorism act, a tacit acknowledgement of his links to militancy.

    18 Feb 2017, 4.48 pm  |  Source: PTI

  • Arrested Samsung heir appears handcuffed for questioning

    Arrested Samsung heir appears handcuffed for questioning  

    Among other allegations, Lee is accused of paying nearly USD 40 million in bribes to a confidante of the impeached president to secure policy favours.

    18 Feb 2017, 2.14 pm  |  Source: PTI

  • DNA computer brings `smart drugs` a step closer: study

    DNA computer brings 'smart drugs' a step closer: study  

    Scientists have developed the first DNA computer capable of detecting several antibodies in the blood, paving the way for smart drugs for better delivery of medication for conditions such as rheumatism and Crohn's disease, with fe...

    18 Feb 2017, 12.54 pm  |  Source: PTI

  • Citigroup cuts CEO Corbat`s pay after missing financial targets

    Citigroup cuts CEO Corbat's pay after missing financial targets  

    Corbat received USD15.5 million in total compensation, including a base salary of USD1.5 million, a USD4.2 million cash award and USD9.8 million of stock-related incentives, according to a securities filing on Friday.

    18 Feb 2017, 12.13 pm  |  Source: Reuters

  • Kraft to pursue Unilever after $143 bn bid spurned

    Kraft to pursue Unilever after $143 bn bid spurned  

    A deal would create a giant in global food, joining the maker of Kraft cheese and Heinz ketchup to its European counterpart, whose products include Q-tips, Hellmann's mayonnaise and Ben & Jerry's ice cream.

    18 Feb 2017, 12.12 pm  |  Source: PTI

  • Accenture vows big workforce boost in US

    Accenture vows big workforce boost in US  

    Accenture said it will create "15,000 highly skilled new jobs" in the US, increasing the size of its overall workforce in the country to more than 65,000 by the end of 2020.

    18 Feb 2017, 12.12 pm  |  Source: PTI

  • Nepal offers preferential polices to Chinese investors

    Nepal offers preferential polices to Chinese investors  

    Nepal is offering "preferential" policies to Chinese companies for large-scale investments, Nepalese envoy has said in the wake of China's strategic push into Nepal through road and rail links.

    18 Feb 2017, 11.56 am  |  Source: PTI

  • Pak Senate passes landmark Hindu marriage bill

    Pak Senate passes landmark Hindu marriage bill  

    The much-awaited landmark bill to regulate marriages of minority Hindus in Pakistan is set to become a law with the Senate unanimously passing it.

    18 Feb 2017, 11.44 am  |  Source: PTI

  • Earth may have brand new continent `Zealandia`

    Earth may have brand new continent 'Zealandia'  

    A hidden realm as big as the Indian subcontinent that is submerged under the Pacific Ocean deserves to be recognised as a new continent 'Zealandia', according to a new study released today.

    17 Feb 2017, 9.24 pm  |  Source: PTI

  • Kraft Heinz to pursue merger despite Unilever rejection

    Kraft Heinz to pursue merger despite Unilever rejection  

    US-based Kraft Heinz announced on Friday a proposed USD 143 billion merger with Unilever in what would be one of the biggest deals ever. But the Anglo-Dutch consumer goods giant has declined, saying in a statement the offer fundam...

    17 Feb 2017, 8.13 pm  |  Source: CNBC

  • Trump says administration running like `fine-tuned machine`

    Trump says administration running like 'fine-tuned machine'   

    US President Donald Trump today asserted that his administration is "running like a fine-tuned machine" and there is "no chaos" inside the White House as being reported by the "dishonest" media.

    17 Feb 2017, 6.24 pm  |  Source: PTI

  • New immigration order to address concerns raised by court:Prez

    New immigration order to address concerns raised by court:Prez  

    President Donald Trump today said that he would issue a new executive order next week that would address the concerns raised by the court on his previous order that temporarily suspended entry of Syrian refugees and people from se...

    17 Feb 2017, 9.36 am  |  Source: PTI

  • US health care system frustrating: Seema Verma

    US health care system frustrating: Seema Verma  

    America's health care system is frustrating and is becoming more and more expensive, putting paid to people's hopes of getting the medical services they need, Indian-American Seema Verma, who has been nominated by US President Don...

    17 Feb 2017, 8.42 am  |  Source: PTI

  • Trump tweet celebrates Wall Street rally

    Trump tweet celebrates Wall Street rally  

    President Donald Trump today hailed Wall Street's continuing rally, tweeting out a celebratory message as the White House continues to be roiled by internal divisions and scandal.

    17 Feb 2017, 8.38 am  |  Source: PTI

  • Trump: I inherited `a mess` at home and abroad

    Trump: I inherited 'a mess' at home and abroad  

    President Donald Trump today said his administration has inherited "a mess" both domestically and abroad and blamed "dishonest media" for not giving his adminstration the credit it deserves.

    17 Feb 2017, 8.38 am  |  Source: PTI

  • UK `reassured` by GM`s plans for Vauxhall cars

    UK 'reassured' by GM's plans for Vauxhall cars  

    Britain's economy minister Greg Clark said today he was "reassured" by General Motors' plans for its European interests, including Britain's Vauxhall, amid talk of a takeover by France's PSA Group.

    17 Feb 2017, 8.38 am  |  Source: PTI

  • Samsung heir arrested in corruption probe

    Samsung heir arrested in corruption probe  

    The heir of South Korean giant Samsung was today arrested as part of a probe into corruption and influence-peddling that caused President Park Geun-Hye to be impeached.

    17 Feb 2017, 8.18 am  |  Source: PTI

  • Trump vows to catch `leakers`, demands apology from media

    Trump vows to catch 'leakers', demands apology from media  

    "Leaking, and even illegal classified leaking, has been a big problem in Washington for years," Trump tweeted.

    16 Feb 2017, 9.32 pm  |  Source: PTI

  • Greece`s plea: No more austerity under the bailout deal

    Greece's plea: No more austerity under the bailout deal  

    spending cuts and reforms demanded by European creditors and the International Monetary Fund as part of its third bailout program.

    16 Feb 2017, 9.32 pm  |  Source: PTI

  • China outbound investment plunges under new curbs

    China outbound investment plunges under new curbs  

    The country's firms invested 53.3 billion yuan (USD 7.7 billion) abroad in January, Ministry of Commerce spokesman Sun Jiwen said in a statement posted on its website.

    16 Feb 2017, 4.52 pm  |  Source: PTI

  • Marc Faber: Why Trump`s rhetoric will drive up Asian stocks

    Marc Faber: Why Trump's rhetoric will drive up Asian stocks   

    Trump may publish harsh tweets, but that'll only send the Asian markets down for a day or so, Faber, also known as Dr. Doom for his pessimistic views, told CNBC's "Squawk Box" on Thursday.

    16 Feb 2017, 8.46 am  |  Source: CNBC

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