More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while more could join by the end of the week in what is the latest bid to cut record levels of soured assets in Asia's third-biggest economy.

Banks and brokerages have cut their average gold price forecasts for this year and next after heavy losses in the second quarter, but expect the metal to bounce back towards $1,300 an ounce, a Reuters poll showed on Monday.

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with US counterparts.

China on Monday rejected accusations by US President Donald Trump that it was manipulating the yuan to give its exporters an edge, saying Washington appeared "bent on provoking a trade war".

Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.

Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the US grain at a Texas barbecue this week, as farmers try to woo buyers in the middle of an escalating US-China trade war.

US President Donald Trump may not be happy about the strength of the US dollar, but the greenback's recent rally may partly be a product of his own making.

GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday.

Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.

Agitu Idea Gudeta has built up a thriving business in her adopted Italy making goat's cheese and beauty products in just a few years since fleeing her native Ethiopia in 2010 over a land dispute.

Bangladesh Communication Satellite Company Ltd (BCSCL) has recently written to the finance ministry to request banks to take connection from the country's first communication satellite, Bangabandhu-1, whose commercial service is scheduled to begin in September.

The ratings agency S&P Global on Friday raised its outlook for Greek sovereign debt to "positive" from "stable," citing greater political stability in the long-troubled European nation.

Japan's Prime Minister Shinzo Abe said on Friday imports of Japanese automobiles pose no threat to US national security, vowing to convince President Donald Trump not to impose tariffs that could damage the global economy.

Swatch, the world's top watchmaker, on Wednesday announced an all-time record in half-year sales, saying it has millennials to thank for bringing wristwatches back.

The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market.

The Indian government will inject a total 113.36 billion rupees ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, in a week or so, a senior government official told Reuters on Wednesday.

India has doubled import duty on over 50 textile products, including jackets, suits and carpets, to 20 percent seeking to protect and promote domestic manufacturing but made it clear that Bangladesh and other least developed countries (LDCs) will continue to enjoy duty-free access.

The Federal Reserve will continue to raise rates gradually as the US economic outlook remains strong despite uncertainty over trade policy, Fed Chairman Jerome Powell said Tuesday.

Mobile telecom equipment maker Ericsson posted an unexpected swing to a modest operating profit, saying it was boosted by growing sales traction in North America, which gave it confidence of meeting longer-term financial targets.

Oil giant BP's Eastern Trough Area Project off the coast of Scotland wasn't supposed to be viable beyond 2018. But government and industry working together have given ETAP a new lease of life that is being closely watched by countries and companies eyeing other ageing projects around the world.