WTO clinches first global trade deal in its history


The World Trade Organization adopted the first worldwide trade reform in its history on Thursday... »

Wal-Mart cuts dozens of mid-level jobs in China to bring down costs


Wal-Mart Stores Inc said it has cut more than 20 mid-level jobs in China as part of its effort t... »

Asia shares edge higher, oil tumbles to 4 year low


Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus i... »

General strike shuts down services across Greece


A nationwide general strike to protest continued austerity measures has shut down services acros... »

US tech firms lobby for trade secret protection

Amiti Sen

US technology companies Microsoft and Intel are lobbying for a legally enforceable Trade Secr... »

OPEC set for pivotal meet as oil prices hit fresh low


OPEC ministers are meeting in Vienna today for a pivotal decision on whether to slash oil production, faced with a glut that has sent prices plunging by over 30 per cent in five months. T... »

The high stakes on land parcels

Pratim Ranjan Bose

Popular legend has it that the rulers of Cooch Behar and Rangpur used small parcels of land as stakes in Pasha games. But root of the problem can be tracked to the dogged resistance put... »

Thomas Cook says CEO Harriet Green to step down

A file image of Thomas Cook CEO Harriet Green


Shares record biggest fall in 2.5 years »

South Korea to ease stock market rules to bolster trading


South Korea said on Wednesday it would double the stock investment ceiling for the country's postal service and also double the daily price movement limit for individual stocks to boost transactio... »

Microsoft to pay China $140 mn for 'tax evasion'

File photo of a Microsoft booth at a software expo in Beijing. China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country. _ Reuters


China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on US corporations... »

Cheil IPO offers ringside seat for Samsung restructuring


Samsung is offering the ultimate ringside seat for its big restructuring. As the South Korean conglomerate reshuffles assets ahead of a transfer of power within the controlling Lee family, the ini... »

24 killed, 52 injured in China coal mine fire


At least 24 coal mine workers were killed and 52 others injured today in underground fire in China’s northeastern Liaoning Province.The fire occurred in the coal mine under Hengda Coal, a s... »

BlackBerry courts iPhone users with cash


Canadian smartphone maker BlackBerry is wooing Apple customers with a cash offer for trade-ins of iPhones for its new square-screened, keyboard-equipped Passport.The promotion was announced... »

ING cuts 1,700 jobs as part of digital push


ING, the largest Dutch bank, said on Tuesday it would scrap 1,700 jobs over the next three years as part of an online banking push and would book a provision of 320 million euros ($397.66 milli... »

France says Iran nuclear talks progressed on key issues including enrichment


France's foreign minister said on Tuesday talks between Iran and the major powers over its nuclear programme had been "pretty positive" and there was progress on key issues including Ira... »

For US investors, India shines the brightest among emerging markets

US Defence Secretary Chuck Hagel to resign

Euro near 2-year low as investors bet on more ECB easing

EU approves Novartis' drug for rare hormonal disorder

Death toll rises to 3 in Philippines bomb blast

China ready to cut rates again on fears of deflation

N. Korea warns of ‘catastrophic consequences’ over UN ruling

Four killed, 79,500 affected in China earthquake

Toyota finds new air bag issue, recalls more cars


Toyota Motor Corp recalled more than 40,000 vehicles in Japan today as part of a worldwide scare over defective air bags and is investigating a new type of air bag problem that could lead to furth... »

Indo-Bangla border jigsaw pieces set to fall into place

Pratim Ranjan Bose

Akbar Ali of Madhya-mashal Danga was 15 or 16, when World War II broke out. After the tumultuous days of Partition, in 1947, Ali became a citizen of East Pakistan. His citizenship status ch... »

China to scrap drug price caps next year


China plans to scrap retail price caps on all drugs as early as the start of next year, an official newspaper reported on Wednesday, giving the market a larger role in an industry where price cont... »

China rail spending on track to hit 2014 growth target


China's railway investment in the first 10 months of this year rose 37 per cent from a year ago and is on track to meet a 2014 spending target of 800 billion yuan ($130 billion), the country's... »

US says EU's Google case should not be politicised


The US voiced concern on Tuesday over a draft plan by two EU lawmakers to break up Google Inc, saying politicians should not influence the EU's antitrust inquiry into the world's most popular Inte... »

Goldman, BASF, HSBC accused of metals price fixing


Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide clas... »

HSBC admits fault, is fined in SEC case over Swiss bank


HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to US clients without being properly registered, the US Securities and Ex... »

OECD sees gradual world recovery, urges ECB to go for quantitative easing

People walk past signboards of restaurants at Tokyo's business district. Japan's forecast was more than halved for 2014 and cut to 0.8 per cent for next year after it unexpectedly fell into recession in the third quarter.


The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the Euro Zone struggles with stagnation and an increased deflation risk, t... »

Clearstream works on model for Indian securities trading


Global market maker Clearstream is working with Indian authorities and banks to develop an access model to further increase Indian securities trading such as Eurobonds across its global markets.»

Bayer resumes efforts to sell diabetes device unit


German drugmaker Bayer AG is considering a fresh attempt to sell its diabetes device business as it sharpens its focus on margin-rich healthcare sectors, two people familiar with the matter told R... »

Gold holds firm below $1,200; US data, dollar eyed for cues

UK unveils tough new anti-terror Bill

GSK shareholders to vote on Novartis deal on Dec 18

China rate cut unlikely to spur sluggish steel

Pakistan to have 200 nuclear weapons by 2020: US think tank

China’s Xi wraps up Pacific talks with Fiji aid boost

37 houses destroyed, dozens injured in Japan earthquake

Comments to: Copyright © 2014, The Hindu Business Line.