Turkish Airlines may expand operations

Turkish Airlines is planning to raise the number of flights from Dhaka, drawn by Bangladesh's growing number of upwardly mobile population, said a top official of the airline.
13 June 2018, 18:40 PM

Brexit could make UK car sector 'extinct': business lobby

The president of Britain's main business lobby on Wednesday warned that the country's car industry risked "becoming extinct" outside the EU's customs union.
13 June 2018, 18:39 PM

India airlines spread their wings to escape airfare war at home

Indian airlines are turning to the international market in search of better returns as the intensifying fight for a bigger share of the world's fastest growing domestic market - where price is king - drives down profits.
13 June 2018, 18:37 PM

World Cup set to be lean for sportswear makers

Although World Cup teams will be as boldly emblazoned with logos as ever, sportswear makers see little hope this year of repeating sales leaps that greeted past tournaments in iconic football nations like Germany and Brazil.
13 June 2018, 18:34 PM

Growing Islamic finance firms lobby Britain for tax relief

Firms involved in Islamic finance are lobbying the British government for tax reforms, arguing that the treatment of some sharia-compliant structures is hindering their growth.
13 June 2018, 18:29 PM

India sells new season cotton crop to China in rare advance deals

India's cotton exporters have signed contracts to ship 500,000 bales (85,000 tonnes) of their new season harvest to China as the world's biggest consumer of the fibre looks to raise its imports in the next crop year, industry officials told Reuters.
13 June 2018, 18:28 PM

Italy, trade worries bite into German growth forecast

The DIW economic institute has slashed its growth forecast for Germany due to an unexpectedly weak start to 2018 and risks from abroad including concerns about Italy's new government and the escalating trade conflict with the United States.
13 June 2018, 18:26 PM

Bitcoin sinks to two-month low as downtrend persists

Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail.
13 June 2018, 18:26 PM

Rupee to rebound but path rife with pitfalls

The Indian rupee will erase some of this year's losses against the dollar over the coming 12 months but high volatility in the run up to general elections in 2019 could send it off-piste, a Reuters poll found.
13 June 2018, 18:00 PM

Toyota to invest $1b in Southeast Asian ride-hailing firm Grab

Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company's ongoing financing round, which was launched after it bought the regional business of Uber Technologies Inc.
13 June 2018, 18:00 PM

Investors wipe $3b off China's ZTE as US settlement sinks in

Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp's market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the US government.
13 June 2018, 18:00 PM

UK top court makes landmark ruling on 'gig economy' plumber

Britain's Supreme Court on Wednesday ruled that a plumber employed in the so-called gig economy had "worker" status in a landmark case that could have major implications for the booming sector.
13 June 2018, 18:00 PM

French privatisations as Macron 're-thinks' state's role

The French government has announced the first major privatisations under President Emmanuel Macron which will be used to finance a new innovation fund and pay down the country's public debt.
13 June 2018, 18:00 PM

Tesla cuts 9pc of workforce in search for profit

Electric car maker Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable without endangering the critical production ramp-up for its Model 3 sedan.
13 June 2018, 18:00 PM

Oil prices drop as supplies increase

Oil prices fell on Wednesday, hit by rising supplies in the United States and expectations that producer group Opec could relax voluntary output cuts.
13 June 2018, 18:00 PM

Qatar Petroleum signs Argentina deal with Exxon

State-owned energy giant Qatar Petroleum on Sunday signed an agreement to buy a 30-percent stake in Exxon Mobil hydrocarbon affiliates in Argentina.
4 June 2018, 18:00 PM

Xiaomi eyes $3b Chinese depository receipts in $10b July listing plan

Chinese smartphone maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, people with knowledge of the matter told Reuters on Monday.
4 June 2018, 18:00 PM

Honda's China sales slump

Honda Motor Co Ltd's sales in China slumped for a fourth consecutive month in May, due to the lingering impact from a quality issue associated with the automaker's popular CR-V sport-utility vehicle.
4 June 2018, 18:00 PM

Net exports help Greek economic recovery gain traction in

Greece's economy grew for a fifth straight quarter in January-to-March and at a faster pace than in the previous three months, helped by stronger exports, the statistics service (ELSTAT) said on Monday.
4 June 2018, 18:00 PM

Hyundai Motor reviews investing in contract manufacturing

Hyundai Motor on Monday conducted due diligence on a contract car manufacturing plant site for possible investment, as the South Korean firm seeks ways to cut costs and conserve capital to develop new technologies such as electric vehicles.
4 June 2018, 18:00 PM