SEVEN foreign firms are interested in bidding for Myanmar's fourth telecoms licence, a government official said on Monday, as the

AS a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe.

Britain's banks need to dedicate far greater resources towards securing their IT infrastructure and should have a designated board member overseeing the issue, a senior lawmaker said, following a string of high-profile technology failures.

Facing mounting bills and nervous creditors, US farmers are beginning to sell off their crop stockpile - sometimes at a loss - and easing a months-long logjam prompted by the lowest grains prices in at least five years.

Daimler Chief Executive Dieter Zetsche told German weekly Welt am Sonntag that a recent trip to Silicon Valley revealed that Apple and Google have made more progress on automotive projects than he had assumed

Colourful lions adorn a salon on the main street of Davos, inviting visiting business leaders to "Make in India".

Abundant oil and gas deposits have been a blessing for Russia, but they now feel like a curse as low prices propel the country into a deep economic crisis that shows no signs of abating.

Shares across Europe have risen, helped by a rally in oil prices and hopes of more stimulus action by central banks.

Adding border checks to Europe's passport-free area would cost 3 billion euros ($3.3 billion) a year in lost business, the bloc's chief executive said on Wednesday, seeking to reinforce a message that impulsive measures to curb migrant flows would hurt the econom

The tide of Middle East refugees should boost European economic growth over the short term, but their longer-term impact will depend on efforts to integrate them, the IMF said Wednesday.

CENTRAL banks still have more firepower they can use to counter a slowdown in global growth, which does not change the outlook for recovery in the euro zone, European Economics Commissioner Pierre Moscovici said on Wednesday.

ONE out of four US companies active in China has moved some operations out of the country or is planning to, as conditions worsen in the world's second-largest economy, an American business group said Wednesday.

A string of jihadist attacks and rising risks to the global economy overshadowed Wednesday's opening of the annual meeting of the world's rich and powerful in a snow-blanketed Swiss ski resort.

Apple Inc has applied to set up its own stores in India, one of the world's fastest growing smartphone markets, as the iPhone-maker looks to tap new opportunities amid worries of slowing growth in its main markets.

Chinese overseas direct investment (ODI) rose to nearly $120 billion last year, official data showed Wednesday, as the world's second-largest economy sought to acquire foreign technologies, expand markets and diversify energy supply.

India's telecom regulator strongly criticises Facebook over its campaign to drum up support for its Free Basics internet plan.

The chief executive of one of the world's biggest firms Royal Dutch Shell warned on Sunday that the oil and gas company would be negatively impacted were Britons to back leaving the European Union in a referendum.

Russian stock markets and the ruble fell further on Monday as the currency edged closer to a historic low on the back of a fresh slump in oil prices.

German automaker Daimler said Monday that its heavy goods vehicles unit, Daimler Trucks, planned a swift return to the Iranian market, after the US and EU lifted sanctions against Tehran over its nuclear programme.

China's embattled top securities regulator, Xiao Gang, has offered to resign, sources said, after perceived mismanagement wiped more than $5 trillion off the capitalisation of the Shanghai and Shenzhen stock markets since they peaked last June.