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  • HSBC keeps headquarters in London, rejects move to Hong Kong Feb 15, 2016 08:01 AM IST

    HSBC keeps headquarters in London, rejects move to Hong Kong

    The unanimous decision by HSBC's board gives a boost to London's status as a global financial centre, which since the financial crisis of 2008-09 has faced challenges from tougher regulation and rising costs.

  • London garage seen selling for $261,000 or more Feb 06, 2016 04:49 PM IST

    London garage seen selling for $261,000 or more

    The price of the garage is close to that of the average house in England and Wales, which is euro 188,270, according to the Land Registry House Price Index.

  • Julian Assange to accept arrest, if loses UN case Feb 04, 2016 10:47 AM IST

    Julian Assange to accept arrest, if loses UN case

    Julian Assange, 44, is wanted in Sweden for questioning over allegations of rape in 2010 which the Australian denies.

  • British Airways rolls out special fares Feb 02, 2016 07:59 PM IST

    British Airways rolls out special fares

    The offer is valid on flights booked from Mumbai, Delhi, Bengaluru, Chennai and Hyderabad. The scheme is part of the company's new brand campaign, a short film titled 'Fuelled by Love', inspired by a real-life experience of a British Airways cabin crew member.

  • Bengaluru tops in Asia Pacific on commercial realty growth Feb 02, 2016 01:57 PM IST

    Bengaluru tops in Asia Pacific on commercial realty growth

    Globally, Bengaluru ranks fourth after London, Silicon Valley and Dublin, JLL India said in a statement. Hyderabad is at 17th position in the global ranking.

  • Saudi considers IPO for oil giant Aramco: Report Jan 08, 2016 07:55 AM IST

    Saudi considers IPO for oil giant Aramco: Report

    "That is something that is being reviewed, and we believe a decision will be made over the next few months," Mohammed bin Salman told the London-based publication after the country posted a record budget deficit due to falling oil prices.

  • Brexit doubts won't slow US-EU trade talks: negotiators Jan 01, 2016 12:00 AM IST

    Brexit doubts won't slow US-EU trade talks: negotiators

    Negotiators met this week in Brussels for the 14th round of negotiations on the proposed Transatlantic Trade and Investment Partnership (TTIP) that would create the world's largest free trade area.

  • The real reason behind China's latest 'stimulus' Nov 20, 2015 10:38 AM IST

    The real reason behind China's latest 'stimulus'

    The latest step by the PBoC is an experiment towards finding alternatives to benchmark interest rates whose efficacy has been blunted in recent years by the surge in the shadow banking system as well as removal of limits that tied commercial bank rates to official policy rates, economists say.

  • SBI launches Neev fund to help low-income states Nov 14, 2015 01:50 PM IST

    SBI launches Neev fund to help low-income states

    The fund aims at providing equity partnerships for small infrastructure development in sectors like water and sanitation, clean energy and urban infrastructure.

  • Modi's UK sojourn: PM to leave for London on Nov 12 Nov 09, 2015 09:49 PM IST

    Modi's UK sojourn: PM to leave for London on Nov 12

    UK is the third largest source of foreign investment in Indian equities.

  • India, UK may sign finance pacts during Modi visit Nov 04, 2015 02:20 PM IST

    India, UK may sign finance pacts during Modi visit

    While details of any deals planned have not been released yet, a Financial Times report indicated that recommendations by the India-UK Financial Partnership (IUKFP) are likely to form the basis of these agreements.

  • Suresh Prabhu woos UK investors for investment in rail sect Nov 04, 2015 09:39 AM IST

    Suresh Prabhu woos UK investors for investment in rail sect

    Suresh Prabhu, who had gone to London last week at the invitation of UK government, met Oliver Letwin, Chancellor of the Duchy of Lancaster and UK Minister in charge of cabinet affairs.

  • AB InBev, SABMiller extend takeover deadline to November 4 Oct 28, 2015 12:57 PM IST

    AB InBev, SABMiller extend takeover deadline to November 4

    SABMiller said in a statement on Wednesday that it had asked London's Panel on Takeovers and Mergers to push back the deadline to 5 pm on Wednesday, November 4.

  • Indiabulls Real gets plan approval for London project Oct 22, 2015 09:39 AM IST

    Indiabulls Real gets plan approval for London project

    In June last year, Indiabulls Real Estate had announced the acquisition. The property was purchased from Scottish Widows Investment Partnership (now part of Aberdeen Asset Management).

  • China launches first yuan-bond in London Oct 21, 2015 07:59 AM IST

    China launches first yuan-bond in London

    The debt sale worth 5.0 billion yuan (690 million euros) for one-year bonds was heavily oversubscribed according to a banking source.

  • HSBC workers face pay cut as bank slashes costs Oct 15, 2015 07:30 PM IST

    HSBC workers face pay cut as bank slashes costs

    It comes as management are under increased pressure to limit costs ahead of year-end reporting.

  • Govt begins roadshows for NTPC, BEL disinvestment Oct 06, 2015 03:39 PM IST

    Govt begins roadshows for NTPC, BEL disinvestment

    Officials from the Department of Disinvestment (DoD), Power Ministry and NTPC are doing roadshows simultaneously in Singapore, Hong Kong, London and in the United States between October 5-10. In the US, roadshows are being held in San Francisco, Boston and New York, sources said.

  • SC dismisses govt's plea against RIL-appointed arbitrator Sep 22, 2015 10:02 PM IST

    SC dismisses govt's plea against RIL-appointed arbitrator

    The government believes Leaver, who was appointed by RIL and British Gas, is biased in RIL's favour.

  • Commodity rout: Unlike '08, China no saviour this time Aug 24, 2015 01:52 PM IST

    Commodity rout: Unlike '08, China no saviour this time

    To answer the question it's worth looking at what is the same and what is different about the weakness in commodity prices between 2008-09 and now, and the answer is not much is the same.

  • Drugmaker Shire bids $30 bn for Baxter spin-off Baxalta Aug 05, 2015 11:23 AM IST

    Drugmaker Shire bids $30 bn for Baxter spin-off Baxalta

    Drugmaker Shire said on Tuesday it was seeking to buy Baxalta a company spun-off by Baxter International last month, for USD 30 billion to forge the leading global specialist in rare diseases.

  • Motorola to announce its third-gen Moto smartphones today Jul 28, 2015 10:22 AM IST

    Motorola to announce its third-gen Moto smartphones today

    Motorola is all set to release its new products on Tuesday. While the press invite of the Lenovo-owned company doesn‘t reveal much, it is highly anticipated that Motorola will announce its third-gen Moto smartphones- Moto X and Moto G.

  • Lodha's Thane project receives 2500 pre-launch applications Jul 09, 2015 09:36 PM IST

    Lodha's Thane project receives 2500 pre-launch applications

    City-based realty player Lodha Developers on Thursday said its IPO style pre-launch of the affordable luxury residential project in Thane has received over 2,500 applications from prospective buyers.

  • Govt will play by rule book: FM Jaitley on Lalit Modi issue Jun 24, 2015 02:37 PM IST

    Govt will play by rule book: FM Jaitley on Lalit Modi issue

    Arun Jaitley also said there is "no question at all" about the government going on the back foot on this issue, as it has done "nothing wrong".

  • Chidambaram demands release of letters to UK authorities Jun 17, 2015 01:46 PM IST

    Chidambaram demands release of letters to UK authorities

    Former Finance Minister P Chidambaram on Wednesday said letters written to British authorities on Lalit Modi case during UPA rule should be released as they will answer the former IPL Commissioner's accusations against him and Congress.

  • Passengers 'spots' lizard in meal of Air India flight Jun 13, 2015 04:31 PM IST

    Passengers 'spots' lizard in meal of Air India flight

    The airline also claimed that no complaint had been filed by the passenger with either the aircraft crew or station manager.

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