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Euro on defensive after ECB bond-buying report

Reuters

The euro flirted with one-week lows on Wednesday following a Reuters report that the European Ce... »

Gold hovers near 6-week high amid China slowdown woes

Reuters

Gold was trading near its highest level since early September on Wednesday, supported by concern... »

Ron Klain to start work on coordinating US govt's response on Ebola

PTI

Newly appointed Ebola Czar Ron Klain, a former White House staff, would begin his work on coordi... »

Heineken beer sales decline in Q3

Reuters

Heineken, the world's third largest brewer, has reported lower-than-expected beer sales in the t... »

China's overseas direct investment seen rising 10% a year

The Chinese government's push to stoke overseas investment is part of an effort to slow the rise of its foreign currency reserves at home, while helping domestic companies buy assets, resources and technology overseas.

Reuters

China's overseas direct investment is projected to rise at least 10 per cent annually for the ne... »

International

J&J aims for 1 million Ebola vaccine doses in 2015

Reuters

Johnson & Johnson is accelerating work on its experimental Ebola vaccine and said on Wednesd... »

Forex

Sterling drops after BoE minutes show policymakers' reluctance to hike rates

Reuters

Sterling fell on Wednesday after Bank of England minutes showed policymakers were firmly against... »

International

China approves $24.5 bn in rail and airport projects

Reuters

China has approved construction of five airports and three railway projects worth 150 billion yu... »

International

Roche to invest $3.2 bn to upgrade Basel site

Reuters

Swiss drugmaker Roche said on Wednesday it would spend 3 billion Swiss francs ($3.2 billion) to... »

International

Handelsbanken Q3 operating profit tops forecast

Reuters

Sweden’s Handelsbanken reported third-quarter operating profit above expectations on Wednesday h... »

International

Lufthansa to expand capacity by 2.9% for winter

Reuters

Lufthansa said it will be offering 2.9 per cent more seats for the 2014-2015 winter schedule, a... »

HSBC names Andy Maguire as Group COO

Reuters

HSBC Holdings Plc has appointed Andy Maguire as group chief operating officer and group general manager, effective December 1.Andy is joining from Boston Consulting Group, where he is managi... »

No end in sight for Hong Kong protests

PTI

Hong Kong student leaders said today that they may shun further talks with the government, accusing it of failing to make any meaningful offers to end the weeks of mass pro-democracy rallies and r... »

Sterling drops after BoE minutes show policymakers' reluctance to hike rates

Reuters

Sterling fell on Wednesday after Bank of England minutes showed policymakers were firmly against raising interest rates when they met earlier this month.While two members voted to raise int... »

J&J aims for 1 million Ebola vaccine doses in 2015

Reuters

Johnson & Johnson is accelerating work on its experimental Ebola vaccine and said on Wednesday that it aims to have 1 million doses ready in 2015, of which 250,000 are expected to be available... »

Roche to invest $3.2 bn to upgrade Basel site

Reuters

Swiss drugmaker Roche said on Wednesday it would spend 3 billion Swiss francs ($3.2 billion) to upgrade its Basel headquarters, a vote of confidence in its Swiss base despite ongoing uncertainty o... »

Handelsbanken Q3 operating profit tops forecast

Reuters

Sweden’s Handelsbanken reported third-quarter operating profit above expectations on Wednesday helped by higher revenues on its loan portfolio.Operating profit in the quarter rose 7 per cen... »

Oscar Pistorius jailed for five years

PTI

South African judge Thokozile Masipa today sentenced Oscar Pistorius to five years in prison for shooting dead his girlfriend Reeva Steenkamp on Valentine’s Day 2013.“Count one, culpable ho... »

Total CEO de Margerie killed in Moscow business jet accident

File photo of Christophe de Margerie, Chief Executive of French oil major Total, who was killed when a business jet he was travelling in collided with a snow plugh during take-off at Moscow's Vnukovo international airport late on Monday. - Reuters

Reuters

The Chief Executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plough during takeoff at Moscow’s Vnukovo International Airport, the comp... »

IKEA eyes online business in push for growth

Outside a warehouse of the Swedish furniture maker IKEA in France. -- Reuters

PTI

IKEA, whose stadium-sized furniture stores draw shoppers from miles around, is making an online push. The CEO of IKEA Group, the world’s largest furniture chain, is pushing for sales growth,... »

China's economic growth slows to 7.3% in Q3, near 6-year low

Reuters

China's economic growth cooled to 7.3 per cent between July and September from a year earlier, the weakest expansion since the global financial crisis and reinforcing expectations that Beijing wil... »

Indo-American Chamber of Commerce sets up first American Business Corner in Pune.

EU, China end telecoms row as former drops threats against Huawei

Adidas shares jump on report of bid for Reebok

Hong Kong crisis deepens after weekend clashes, talks set for Tuesday

Britain threatens Internet ‘trolls’ with 2 years in jail

Germany blames pro-Russian rebels for MH17 plane crash: Spiegel

Toshiba in pact with UTC to strengthen strategic collaboration

MasterCard’s Ajay Banga among world’s best performing CEOs: Report

Switzerland top destination for expats, finds poll

PTI

Switzerland is the world’s favourite destination among expats, followed by Singapore and China, a poll on quality of life for HSBC found today. “Many Switzerland-based expats mentioned th... »

China approves $24.5 bn in rail and airport projects

Reuters

China has approved construction of five airports and three railway projects worth 150 billion yuan ($24.5 billion), the country's top economic planning agency said on Wednesday, the latest move to... »

Lufthansa to expand capacity by 2.9% for winter

Reuters

Lufthansa said it will be offering 2.9 per cent more seats for the 2014-2015 winter schedule, a slight increase on the previous plans for a 2 per cent increase. While the number of flight... »

Oil prices dip in Asia

PTI

Oil prices slipped on Wednesday after enjoying a recent upturn in line with a global equities rebound, while analysts said investors will now be keeping an eye on the US Federal Reserve’s next pol... »

US restricts entry of passengers from Ebola-hit nations

Protestor Jeff Hulbert of Annapolis, Maryland holds a sign reading

PTI

The US has restricted the entry of passengers from the three Ebola-stricken West African nations to five major airports conducting enhanced screening for the virus, safeguarding its citizens from... »

Oscar Pistorius jailed for 5 years for killing his girlfriend

South African Olympic and Paralympic sprinter Oscar Pistorius is led to a prison van after his sentencing in Pretoria October 21, 2014. Pistorius was sentenced to five years in prison on Tuesday for killing his girlfriend Reeva Steenkamp, ending a trial that has gripped South Africa and the world.

Reuters

A South African judge on Tuesday sentenced Olympic and Paralympic track star Oscar Pistorius to five years in prison for the negligent killing of his girlfriend Reeva Steenkamp on Valentine's Day... »

Reckitt Benckiser sales hurt by tough markets

Reuters

Consumer goods maker Reckitt Benckiser Group reported a smaller-than-expected rise in third-quarter sales on Tuesday, hurt by weak European markets and more cautious stocking of cold remedies by U... »

Microsoft CEO Satya Nadella to get $84-mn compensation in 2014

Microsoft CEO Satya Nadella (file photo).

PTI

Microsoft CEO Satya Nadella earned $84.3 million this year, according to the salary details coming days after the India-born chief executive was criticised for suggesting that women should not ask... »

Amazon inks deal with Simon & Schuster on e-book prices

Reuters

Online book retailer Amazon.com Inc has said it has signed a multiyear deal with Simon & Schuster Inc, the second Big-Five book publisher, on the future price of e-books. Amazon, whic... »

China to pitch high-speed trains to California

Reuters

State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest... »

IBM to pay $1.5 bn to shed its chip division

Hasbro quarterly profit jumps 43% on higher international sales

Electrolux Q3 core profit tops forecast

Pilots extend Lufthansa strikes to long-haul flights

World stocks advance on strong data, earnings

Tata JLR plans factory in U.S.

Biggest strike in years cripples German rail service


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