Spokesman

US House Speaker Pelosi was not in the residence at the time. Hammill said the assailant is in custody and the motivation for the attack is under investigation.

VW to recall 389 Polo cars in India to fix handbrake issue

The handbrake mechanism in these cars, which belong to the September production batch, may "lose effectiveness" under certain conditions, Volkswagen Passenger Cars India said in a statement.

OROP: Ex-servicemen meet Parrikar, discuss modalities

With their agitation at Jantar Mantar seeking early implementation of OROP entering the 83rd day on Saturday, retired personnel of the armed forces made it clear that they would not compromise on the basic concept of their demand that no senior should get lesser pension than a junior at any time.

Alcatel-Lucent chief defends 14 mn-euro payout

Michel Combes, who has headed the French-American company since 2013, told the business daily Les Echos that the payments were not linked to the 15.6-billion-euro deal to create the world's biggest supplier of mobile phone network equipment, but the fact he had turned around Alcatel-Lucent's fortunes and its share price.

Security researcher who hacked moving Jeep leaves Twitter

Charlie Miller, a former National Security Agency hacker who is the one of the world's best-known security experts, declined to comment on his departure or say what he would do next.

Renault-Nissan may cut 3,000 jobs in India: Paper

The group has decided to halve output to 20 cars an hour, the newspaper said, blaming inventory that has accumulated over the last three months as Indian consumers hold back from big purchases.

Cong slams PM for targeting previous govts on foreign soil

"Prime Minister should have maintained dignity of the high office he holds. There is no problem if he targets previous governments when he is in the country. But he should have refrained from doing so on foreign soil", party spokesman Meem Afzal said.

Inside Amazon: Wrestling big ideas in a bruising workplace

They are told to forget the "poor habits" they learned at previous jobs, one employee recalled. When they "hit the wall" from the unrelenting pace, there is only one solution: "Climb the wall," others reported.

What's behind Asia's Uber-sized problem?

Hong Kong police arrested five Uber drivers on Tuesday; one year after the firm began operations in the city. Chief inspector Bruce Hung Hin-kau told reporters that the arrested drivers were charged with not possessing hire-car permits and third party risk insurance, both vital for driving a private car for reward in the city.

What's behind Asia's Uber-sized problem?

Uber is once again making headlines but this time in Asia, where the controversial ride-sharing app is facing fresh legal accusations.

China stock market freezing up as sell-off gathers pace

Beijing, which has struggled for more than a week to bend the market to its will, unveiled yet another battery of measures to arrest the sell-off, and the People's Bank of China said it would step up support to brokerages enlisted to prop up shares.

Germany lobbies India to buy Eurofighters, submarines

Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.

SEBI under fire over IPO bottleneck

India's stock market has soared, touching record highs last month. It was Asia's second-best performer last year, thanks largely to more than USD 16 billion of foreign investment.

Modi to head to Berlin, meet Netaji's kin amid snooping row

Modi is also likely to meet Netaji's grand nephew Subhash Chandra Bose in Berlin on Monday. His visit comes amid the row over snooping on the relatives of Subhas Chandra Bose. There were reports that certain Intelligence Bureau files showed that the Nehru government spied on Bose's family for 20 years between 1948 and 1968.

India expects movement to seal Rafale deal with France

These issues, along with trade, will be high on the agenda of substantive discussions between the two leaders amid India's keen interest to get participation of French companies in the 'Make in India' programme.

India's transport ministry bats for Uber, Ola

India in December ordered all unregistered web-based taxi companies to halt services until they obtain an operating licence after a driver contracted with Uber was accused of rape.

SEBI struggles to shield savers from more Saharas

Sahara began as a scheme for small depositors, but it grew over decades with investment plans that critics say were designed to avoid regulatory scrutiny. At its height, it was one of India's biggest business empires, stretching from Formula One motor racing to New York's Plaza Hotel.

Bitcoin technology startup hires Morgan Stanley manager

Dienelt co-founded the paper bitcoin wallet company Lazzerbee while working at Morgan Stanley, where he had been for almost a decade. He most recently managed a team of futures specialists in the bank's private wealth business.

Negotiations over Iran's nuclear program entered a critical

With the March 31 target fast approaching, the top diplomats from the five permanent members of the UN Security Council, Germany and Iran were meeting to try to bridge remaining gaps and hammer out the framework deal that would be the basis for a final accord to be reached by the end of June.