Business news

Will reform bill be enough for France?

It's been a difficult year for France - this week's desecration of Jewish tombs the latest incident to shock an already battle-scarred public. Three days of violence in Paris last month have had a

Feb 17, 2015

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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

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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

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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

State Bank of India (SBI) chairwoman Arundhati Bhattacharya

Budget 2015: Mega Projects Will Help Boost Credit Offtake, Says SBI Chairperson

SBI's Bhattacharya said she expects the government spending on major projects to help improve credit growth.

Feb 17, 2015

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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

Supreme Court Worried About Sahara's Ability to Repay ₹30,000 crore to Depositors

"You are struggling to pay Rs 10,000 crore. How will you pay Rs 30,000 crore after coming out?", the apex court asked Sahara's counsel

Feb 17, 2015

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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

'Make In India': Bengaluru Company to Supply Wing Component to Airbus' A330

It is the largest contract signed by Airbus with any Indian private manufacturer till date and catapults Dynamatic Technologies to a global tier-I supplier to Airbus

Feb 17, 2015

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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

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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

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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