Paris air show: India centre stage as another big jet deal looms
India was set to dominate the Paris Airshow for a second day on Tuesday, with Air India expected to finalise a whopping...
Alibaba CEO and Chairman Zhang to step down to focus on cloud business
Alibaba Group (9988.HK) on Tuesday said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud...
Russia says regional free trade pact with Iran possible by year-end
A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of...
India’s Modi seeks African Union’s full membership in G20
Indian Prime Minister Narendra Modi has written to the leaders of the G20 nations proposing the African Union be given full, permanent...
India talks economy with Moody’s, pitches for ratings upgrade
The Indian government held talks on the state of its economy with Moody’s Investors Service on Friday and pitched for a ratings...
Binance, SEC strike deal to keep US customer assets in country
Binance, the world's biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure...
Oracle cuts hundreds of jobs, rescinds job offers in its health unit – Insider
Software firm Oracle (ORCL.N) on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit,...
Bank of England set to raise rates to 4.75% as inflation slow to fall
The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75% on June...
China cuts short-term borrowing costs as economy slows
China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, in a bid to restore...
Fossil fuel company net zero plans ‘largely meaningless,’ report says
The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address...
China’s factory deflation steepens as demand wanes
China's factory gate prices fell at the fastest pace in seven years in May and quicker than forecasts, as faltering demand weighed...
China’s biggest state banks cut deposit rates
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pressure on profit...
India’s c. bank holds rates but signals tight monetary policy ahead
India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, but signalled...
China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find...
Oil extends losses as economic slowdown concerns return
Oil extended losses on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi...