US technology giant IBM said Tuesday it would hire 25,000 people in the country over the next four years, a day before President-elect Donald Trump meets with tech industry leaders.

India's Tata has ousted Cyrus Mistry as a director of its cash cow IT business Tata Consultancy Services as the Indian conglomerate steps up its purge of its former chairman.

THE global fight against climate change and Beijing's efforts to combat choking pollution have been a disaster for Lu Zhanyong.

Donald Trump's pledge to entrust his business empire to his sons does little to allay concerns about conflicts of interest between the incoming Republican president and the company he has run as an autocrat.

General Motors began deliveries Tuesday of the first all-electric car model aimed at the middle market, getting a head start on Tesla Motors and other competitors.

India's scrapping of high-value bank notes last month has dragged down economic growth in neighbouring Nepal with trade, remittances and tourist numbers all down, BMI Research, a group company of the Fitch rating agency, said on Wednesday.

The Philippines bank through which $81 million stolen from Bangladesh's central bank was channelled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on.

Thailand will free a Swiss man jailed for blackmail in a case linked to a graft scandal engulfing the 1MDB Malaysian state investment fund, his lawyer said Wednesday.

Italy's troubled Monte dei Paschi di Siena (BMPS) bank on Sunday announced it would go ahead with plans to seek a private sector-led rescue, narrowly avoiding the need to seek a government bailout.

Dutch electronics giant Philips announced Monday the sale of a majority share in its Lumileds LED lighting business for $1.5 billion, after cancelling the spinoff earlier this year over US regulatory concerns.

British bank Barclays on Monday announced the sale of its French retail division in a move which marks its exit from continental European retail banking.

Oil prices surged to their highest since mid 2015 and US Treasury yields hit a more than two-year peak on Monday after the world's top crude producers agreed to cut output.

Growth in global coal demand will slow over the next five years due to lower consumption in China and the United States and as renewable energy sources gain ground, the International Energy Agency (IEA) said on Monday.

China said on Monday it had launched a dispute resolution case at the World Trade Organisation over the surrogate country approach used by the United States and European Union to calculate anti-dumping measures against Chinese exports.

The Turkish economy shrank by nearly two percent in the third quarter as consumer spending and exports plunged, data showed Monday, the first year-on-year contraction in 27 quarters since 2009.

Moin U Haider and Saber Hossain Chowdhury, both directors of GSP Finance, were unanimously elected as the chairman and vice-chairman of the non-bank financial institution respectively, the company said in a statement.

The ruble hit its highest level in 17 months against the dollar Monday as oil prices surged following a landmark deal by Russia and other non-OPEC producers to join the cartel in capping output.

Axis Bank Ltd, India's top importer of gold, has suspended the bank accounts of some bullion dealers and jewellers after two of its executives at a branch were arrested over alleged money laundering.

The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank's growth and inflation outlook.

Qatar Airways is in talks with Airbus to convert its order for up to 80 A320neos to the larger A321neo, its chief executive said on Monday.