Starwood Hotels CEO resigns

Starwood Hotels' CEO won't be lodging in the corner office any more. Frits van Paasschen suddenly resigned by mutual agreement after more than seven years as chief executive. Replacing him as interim Feb 17, 2015

European car sales turn a corner

European car sales have shifted up a gear. New vehicle sales rose robustly by 6.2 percent in January. JP Morgan's Kerry Craig thinks pent-up demand is in play. (SOUNDBITE) (English): JP MORGAN, Feb 17, 2015

Will Greece bend under EU pressure?

The ball is back in your court. That was the message to Greece after Athens rejected a six-month extension of its bailout package. Eurogroup chief Jeroen Dijsselbloem. (SOUNDBITE) (English) Feb 17, 2015

IMF vets Egypt economy

Egypt's suffered four years of turmoil. The uprising that toppled Hosni Mubarak and the subsequent upheavals hitting the country hard, putting off investors and tourists - and slashing growth. Time Feb 17, 2015

Hong Kong's Peak is home to some of the world's most coveted real estate, and a new sale has brought the city's gravity-defying residential prices into focus. (SOUNDBITE) (English) REUTERS REPORTER, Feb 17, 2015

Oscar nominees fuel Chinese movie piracy

PLEASE NOTE: EDIT CONTAINS MATERIAL THAT WAS ORIGINALLY 4:3 Academy Award-nominated films flooding the market in China - top-quality bootleg versions, that is. It's Oscar season again. China has Feb 17, 2015

Greek debt talks break down

No-one was expecting an early breakthrough. But the collapse of talks in Brussels with euro zone finance ministers so soon after they started disappointed even the more pessimistic. The EU had Feb 17, 2015

Oil price boost for UK economy

Jaguar Land Rover is a British success story. A perfect place for a campaigning politician to promote his economic plan. Labour leader Ed Miliband wants to tackle tax avoidance and create more Feb 16, 2015

Cyber gang hitting banks for big bucks

You won't be able to see it, but in the dark corners of the internet, hundreds of millions of dollars are being stolen from banks all over the world. Cybercriminals in Russia, Ukraine and China are Feb 16, 2015

Sweet tributes to Nutella billionaire

He spent five decades building the Ferrero brand into a global chocolate and confectionary empire. Some called Michele Ferrero a real life Willy Wonka having created Nutella, Kinda Eggs and of course Feb 16, 2015

Sweet tributes to Nutella billionaire

He spent five decades building the Ferrero brand into a global chocolate and confectionary empire. Some called Michele Ferrero a real life Willy Wonka having created Nutella, Kinda Eggs and of course Feb 16, 2015

Can key talks break Greek deadlock?

Kick starting the week with a flash of optimism, global shares hit their highest since September and the euro firmed. Investors were placing their bets on the euro zone finance ministers reaching a Feb 16, 2015

BSE closes points 40.95 up on Feb 16

New Delhi, Feb 16 (ANI): Trading at the Bombay Stock Exchange today closed 40.95 points up to stand at 29,135.88. At the National Stock Exchange the Nifty closed 3.85 points up to stand at 8,809.35. SUZLON and TATA ELXSI LTD. were among the top gainers of Group A with an increase of 19.84% and 15.71% along with CEAT LTD. And UNITECH with an increase of 13.30% and 11.08% respectively, while the top losers of Group A include CESC and BALKRISHNA INDUSTRIES LTD. with a decrease of 13.17% and 5.27% along with MRPL and RASOYA PROTEINS LTD. with a decrease of 4.91% and 4.84% at the close of the markets. The Auto sector is up 87.28 points at 19,674.22 while the banking sector is down 204.51 points at 21,982.99 and the reality sector is up at 16.25 points at 1,737.34. The Indian currency is up 0.02% at Rs 62.21 per dollar. Feb 16, 2015

Brand Britain clothes back in fashion

Susie Stone designs couture wedding dresses and bespoke womenswear. She comes from a family that's worked in the British fashion and textile industry for generations. (SOUNDBITE) (English) DESIGNER Feb 16, 2015

Japan recovers, but slower than expected

A tepid recovery for the world's third-largest economy. Japan's GDP coming in at 2.2 percent for October to December, weaker than a Reuters forecast expecting a 3.7-percent increase. The Japanese Feb 16, 2015