Laptop ban hot topic as airlines meet in Cancun

Top airline industry players are meeting Monday and Tuesday in Cancun to seek alternatives to the US and British bans on laptops and tablets on certain flights, which they say is hurting business.
5 June 2017, 18:00 PM

Slovenia's eco-hero who crushed a cement giant

When he saw swallows nesting in the barn for the first time in almost two decades, Slovenian farmer Uros Macerl felt vindicated. His exhausting battle against a polluting industrial giant had been worthwhile.
5 June 2017, 18:00 PM

Nepal, China sign mega hydropower agreement

Nepal has signed an agreement with a Chinese company to build the largest hydroelectric plant in the impoverished landlocked country, which suffers from a chronic energy shortage.
5 June 2017, 18:00 PM

India's services activity accelerates in May

Activity in India's services industry accelerated in May as domestic and foreign orders rose, prompting firms to create jobs at the fastest pace in nearly four years, a private business survey showed on Monday.
5 June 2017, 18:00 PM

Oil prices dip

Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.
5 June 2017, 18:00 PM

S Korea unveils $10b stimulus to boost jobs, welfare

South Korea launched on Monday a $10 billion stimulus package to create jobs and bolster welfare programmes in the country faced with slow growth and ageing population. The 11.2-trillion won plan is the first since Moon Jae-In was elected president of Asia's
5 June 2017, 18:00 PM

French private sector growth rises to 6-yr high

France's private sector growth accelerated in May to its fastest level in six years, a key survey showed Monday.
5 June 2017, 18:00 PM

Telcos against high licence fee, revenue-sharing in 4G

Parent companies of top three mobile phone operators in Bangladesh have voiced concerns against any possible high licence fees and revenue-sharing rate for the fourth generation (4G) services.
5 June 2017, 18:00 PM

Greece revises Q1 up to 0.4pc growth

The Greek economy grew by a slim 0.4 percent in the first three months of 2017, official data showed Friday, revising a contraction of 0.1 percent reported in May.
4 June 2017, 18:00 PM

Blockchain seen as tool in food safety

The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table.
4 June 2017, 18:00 PM

South Korea says extra budget aimed at job creation, not economic stimulus

An extra budget to be announced by South Korea on Monday is intended to create more jobs, not to boost economic growth, the president's secretary for policy said on Sunday.
4 June 2017, 18:00 PM

Yuan, rupee seen weakening over coming year

The Chinese yuan and Indian rupee are expected to shed some of this year's gains and weaken slightly against the dollar over the coming 12 months if the US Federal Reserve raises interest rates further as expected, a Reuters poll showed.
4 June 2017, 18:00 PM

Jeep hits pothole even as Fiat counts on expanding sales

The iconic Jeep brand is the cornerstone of Fiat Chrysler's strategy to bolster its position in the global auto industry, but the brand's US sales have hit a pothole.
4 June 2017, 18:00 PM

Brazil recession recedes but outlook still dark

Brazil emerged from its worst ever recession in the first quarter of 2017, officials said Thursday, but political turmoil continued to threaten the weak recovery.
4 June 2017, 18:00 PM

Bulgaria seeks to speed up euro adoption

The EU's poorest member, Bulgaria, said Friday it will start lobbying to join the European Exchange Mechanism as a first step to its planned adoption of the euro.
4 June 2017, 18:00 PM

India to levy 3pc tax on gold under new regime, industry relieved

India will tax gold at a rate of 3 percent under a new nationwide sales tax that comes into effect on July 1, the government said on Saturday.
4 June 2017, 18:00 PM

Big US companies stay on White House panel despite climate jolt

Several major US companies, including Wal-Mart Stores Inc, JP Morgan Chase & Co and IBM Corp, on Friday said their CEOs will remain in an influential presidential advisory group despite objecting to President Donald Trump's withdrawal from the Paris climate accord.
3 June 2017, 18:00 PM

Air India privatisation very difficult without debt write-off: India's economic adviser

Privatising state-owned airline Air India will be "very difficult" unless the government writes off at least part of its debts, a senior government economic adviser said on Friday after a top policy panel recommended selling off the carrier.
3 June 2017, 18:00 PM

Toyota sells all shares in Tesla as their tie-up ends

Toyota Motor Corp said on Saturday it had sold all shares in Tesla Inc by the end of 2016, having canceled its tie-up with the US luxury
3 June 2017, 18:00 PM

Bitcoin exchange Coinbase seeks new funds at $1b valuation

Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday.
3 June 2017, 18:00 PM