Economy News

Processed meat can lead to bowel cancer, red meat dangerous: WHO

Red meat, under which the IARC includes beef, lamb and pork, was classified as a "probable" carcinogen.

Oct 26, 2015

China, India to lead boom in new green jobs in Asia after oil sector downturn

Renewables are powering a bright spot in the energy industry, with record job hiring in solar, wind and hydro sectors.

Oct 26, 2015

Education, health costs rose more than retail inflation: Assocham

Assocham urged that public expenditure on health and education be raised significantly, both at the central and state levels.

Oct 26, 2015

Britain announces major drive to end gender pay divide

Employers will be forced to publish information about bonuses paid to men, women employees.

Oct 25, 2015

India's gold monetisation scheme may be ready in weeks, says Modi

It is a programme to attract gold owned by households into a bank deposit scheme.

Oct 25, 2015

India seeks S-400 missile systems; Moscow may link deal to FGFA project

The Fifth Generation Fighter Aircraft project has been pending since a pact was signed in 2010.

Oct 25, 2015

Malaysia poised to become global hub for Islamic finance, says central bank governor

Global Islamic finance is an industry with assets valued at about $2.1 trillion in 2014.

Oct 24, 2015

Toyota to provide 55 Camry hybrid green cars for India-Africa summit

The Camry hybrid cars are the first such to be locally manufactured.

Oct 24, 2015

India to see 2.5% increase in remittances in 2015: World Bank

India topped the list of global remittances in 2014.

Oct 23, 2015

Real Madrid: UK College offers students chance to study for degree at Santiago Bernabeu

University College of Football Business announces partnership with 10-times European champions.

Oct 23, 2015

Hackers hunt for commercial gains in "Space, the final frontier"

Satellites supporting commercial networks on earth are growing rapidly, making them a ripe target for cyber attacks,

Oct 23, 2015

China: American Auction chief says emerging market perfect for SMEs to enter

Deb Weidenhamer, the CEO of American Auction told IBTimes UK that the consumer market is booming in China.

Oct 22, 2015

Saudi Arabia at risk of exhausting financial assets in 5 years: IMF

Saudi Arabia's net foreign assets declined to more than two-year low of $654.5 billion in August.

Oct 22, 2015

Japan offers loan to India's $15 billion bullet train in edge over China

Tokyo was picked to assess the feasibility of building the 505-kilometre corridor linking Mumbai with Ahmedabad.

Oct 22, 2015

EU orders Netherlands to recover $34m from Starbucks

The European Commission ruled on Wednesday (21 October) that Starbucks and Fiat benefited from illegal tax deals with the Dutch and Luxembourg governments, in cases with major implications for the taxation of multinational companies.

Oct 21, 2015