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Taiwan microchip giant to boost US jobs

Microchip giant Taiwan Semiconductor Manufacturing Co. (TSMC) says it will create more jobs in the United States as the firm posted record profits.
12 January 2017, 18:00 PM

India looks to Khulna for major investment: envoy

India has attached importance to Khulna to improve connectivity and trade infrastructure in the region to open up new opportunities for investment.
12 January 2017, 18:00 PM

Amazon halts sales of Indian flag doormat after visa threat

Amazon.com removed doormats resembling the Indian tri-colour flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the U.S. company's employees if they did not stop selling the product.
12 January 2017, 18:00 PM

Uniqlo operator profit jumps on bargain-shopper focus

Uniqlo's parent company said Thursday that quarterly net profit jumped by almost half from a year ago, as it refocused on a strategy aimed at luring thrifty shoppers.
12 January 2017, 18:00 PM

India's SpiceJet to seal $10b deal with Boeing for 737 jets

India's SpiceJet is set to seal an order for at least 90 new 737 jets from Boeing, two sources said on Thursday, as the low-cost carrier targets an expansion to tap into India's booming air travel market.
12 January 2017, 18:00 PM

Turkey lira under new pressure as bank measures fail to impress

Turkey's embattled lira on Wednesday took a new pounding on foreign exchange markets as emergency measures announced by the central bank failed to impress markets rattled by terror attacks and political instability.
11 January 2017, 18:00 PM

EU proposes greater privacy protection

The EU proposed Tuesday broadening privacy protections in electronic communications, including tracking by advertisers, in a bid to promote a digital single market worth tens of billions of euros.
11 January 2017, 18:00 PM

Economic inequality top global risk: WEF

Rising income inequality is seen as the top risk for the global economy in 2017, with reforms to market capitalism increasingly viewed as necessary to ward off a populist backlash, the World Economic Forum said Wednesday.
11 January 2017, 18:00 PM

Canada keen to boost ties, seal trade pact with India

Canada is keen to boost its business ties with India and is moving forward with attempts to seal a trade pact with the South Asian country, Canada's minister of infrastructure and communities told Reuters.
11 January 2017, 18:00 PM

Uncertainty over Trump policy clouds global outlook: World Bank

The World Bank on Tuesday pared back its global growth estimate for 2017, but uncertainty about the economic policies of US President-elect Donald Trump is clouding the outlook.
11 January 2017, 18:00 PM

India inflation seen cooling in Dec as cash crunch hit demand

Inflation in India is expected to have cooled to a two-year low in December as the government's surprise currency crackdown rattled the economy and severely hurt consumption, a Reuters poll found.
11 January 2017, 18:00 PM

Ma's million jobs pledge more PR than promise: analysts

ALIBABA founder Jack Ma and Donald Trump made headlines with the Chinese entrepreneur's attention-grabbing pledge to create one million US jobs, but analysts say the move is more about good PR than substance.
11 January 2017, 18:00 PM

Transcom Beverages awards top performers

Transcom Beverages awarded the company's top performers of 2016 at its annual conference for 2017.
11 January 2017, 18:00 PM

Airbus jets past Boeing on orders, closes gap on deliveries

Airbus on Wednesday said it had outstripped its own delivery expectations in 2016, closing the gap with Boeing, and beat its US archrival on orders.
11 January 2017, 18:00 PM

Sri Lanka to raise $1.5b through bonds in new year

Sri Lanka announced Wednesday it would raise $1.5 billion through a domestic bond sale this year as it moves to rebuild its foreign exchange reserves.
11 January 2017, 18:00 PM

Etihad introduces third daily flight to Riyadh

Etihad Airways is introducing a third daily flight on the Abu Dhabi – Riyadh route on February 1.
11 January 2017, 18:00 PM

India should set up banks for the poor

The banking system in India serves the rich only and there is nothing for the poor, Nobel laureate Muhammad Yunus said on Tuesday.
11 January 2017, 18:00 PM

Demonetisation to hold back India's 2017 fuel demand growth

India's fuel demand growth is expected to slow by as much as 40 percent in 2017 from last year as a government-induced cash shortage hurts businesses, industry and car sales.
11 January 2017, 18:00 PM

Toyota to put $10b into US over 5yrs

Announcement comes days after US President-elect Donald Trump criticised Toyota’s plan to build a new factory in Mexico and expressed his intention to impose a de facto heavy tariff on the automaker if production is not carried out in the US.
11 January 2017, 05:45 AM

Skincare deal gives facelift to L'Oreal in US

French cosmetics giant L'Oreal said Tuesday it had agreed to buy three leading skincare brands from Valeant for $1.3 billion to give its US offering a facelift.
10 January 2017, 18:00 PM