Articles by Reuters

SpiceJet posts 2nd quarterly loss on higher fuel costs, weak rupee

A combination of rising oil prices, high fuel taxes, a weak rupee, low fares and intense competition have slashed profits in the world's fastest-growing aviation market which is clocking 20 per cent annual passenger growth.

14 hours ago

La Liga: Real Madrid appoint Santiago Solari as coach until 2021

The 42-year-old Argentine has led the team to four wins in four games since taking over as interim manager in place of sacked former Spain coach Julen Lopetegui two weeks ago.

19 hours ago

Oil helps European stocks rise while tobacco goes up in smoke

European shares bounced back on Monday thanks to strong oil stocks, while tobacco firms were dented by new signs of regulators tightening the screws on menthol cigarettes.

2 days ago

Donald Trump to award 2018 US Presidential Medal of Freedom to Elvis Presley, Babe Ruth

Trump will also award the medal to Miriam Adelson, a physician who together with her husband Sheldon Adelson, a billionaire casino magnate, is a major donor to the Republican party, Jewish causes worldwide, and medical research.

3 days ago

Manchester derby will not define City's season, says Guardiola

City was in control against United in the corresponding fixture at the Etihad Stadium last term, leading by two first-half goals, only for United to stage a second-half rally and win 3-2.

3 days ago

Alibaba Singles' Day sales hit $10 billion in first hour

Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan.

3 days ago

IndiGo switches 125 Airbus A320neo orders to longer range A321s - report

IndiGo had previously said it plans to add to its fleet of Airbus A320neos and ATR 72 turboprops at a rate of around six planes a month.

3 days ago

As Delhi smog hits 'severe' level, Arvind Kejriwal under fire after reports he is abroad

For a second year, the CM has likened Delhi to a "gas chamber" because of the pollution.

4 days ago

Sri Lanka's political crisis deepens as President Sirisena dissolves parliament; general elections on January 5

The move comes after an intense power struggle in the past two weeks which followed Sirisena's sudden sacking of Prime Minister Ranil Wickremesingh.

4 days ago

Myanmar authorities drop 'incitement' charges against 3 senior journalists

Eleven Media's chief reporter, Phyo Wai Win, and two editors, Kyaw Zaw Lin and Nayi Min, were arrested on Oct. 10 for incitement after publishing an article that quoted lawmakers raising questions over spending by the Yangon city government.

4 days ago

Visa and Mastercard losing market share in India to indigenous UPI, RuPay card: Arun Jaitley

PM Modi has said when Indians use RuPay they were serving the country as its transaction fees stay within India and could help build roads, schools, and hospitals.

5 days ago

Fed leaves rates unchanged, says US economy strong

Data released in late October showed the U.S. economy grew at a 3.5 percent annual rate in the third quarter.

5 days ago

California: 12 killed, gunman dead in mass shooting at bar in Los Angeles

A gunman killed 12 people, including a deputy sheriff, when he opened fire in a bar in Southern California on Wednesday night, Ventura County Sheriff Geoff Dean said on Thursday.

6 days ago

Democrats warn Donald Trump after Attorney General Jeff Sessions forced out

Sessions said in a letter to Trump that he had resigned at the president's request.

6 days ago

Golden Triangle's drug production expands, diversifies amid opioid concerns

UNODC regional representative Jeremy Douglas said the boom was "like nothing we have ever seen before, and it has required a matching surge in precursor chemicals".

7 days ago

Higher prices, lending curbs dim Diwali festival for Indian retailers

Demand for gold, which typically surges during the season that started in mid-October and ends on Friday, is also weak despite dealers offering discounts on the precious metal for the first time in three years.

7 days ago

Competition commission rejects price-fixing allegations against Uber and Ola

"The drivers may have acceded to the algorithmically-determined prices by the platform (but) this cannot be said to be amounting to collusion between the drivers," the CCI said.

7 days ago

RBI governor Urjit Patel could resign on November 19 – report

The government and the RBI have been fighting for weeks over how much autonomy the RBI should have as the administration of Prime Minister Narendra Modi seeks to reduce curbs on lending and to gain access to the RBI's surplus reserves.

7 days ago

Taliban attacks Afghan govt post near Iran border, kill 20 soldiers

In September alone, more than 500 Afghan soldiers were killed and hundreds wounded, the Defence Ministry said.

8 days ago

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.

8 days ago