Modi urges Spanish firms to invest in India

Indian Prime Minister Narendra Modi on Wednesday urged Spanish firms to invest in India, saying the fast-growing country offered
31 May 2017, 18:00 PM

Canada Q1 economic growth leaps to 3.7pc

Canada's economy roared back to life in the first three months of this year, as more business and household spending pushed growth to 3.7 percent, the government's statistical agency announced Wednesday.
31 May 2017, 18:00 PM

Vietnam plans to open special economic zones

Vietnam plans to open three special economic zones that offer investors greater incentives and fewer restrictions than available to date in the country, the investment minister said.
24 May 2017, 18:00 PM

India's electric vehicles push likely to benefit Chinese car makers

India's ambitious plan to push electric vehicles at the expense of other technologies could benefit Chinese car makers seeking to enter the market, but is worrying established automakers in the country who have so far focused on making hybrid models.
24 May 2017, 18:00 PM

M&S posts slump in annual net profit

Marks and Spencer posted a 71-percent slump in annual net profits on Wednesday, hit by vast restructuring costs and sliding clothing sales, the British retail giant said Wednesday.
24 May 2017, 18:00 PM

Indian yogi shows power of local consumer kings

An Indian yogi is demonstrating the power of local consumer champions. Baba Ramdev, a saffron-robed tycoon, says his company,
24 May 2017, 18:00 PM

Evolving with enterprise applications

Companies in Bangladesh have been familiar with enterprise resource planning (ERP) for about two decades. ERP is business process
24 May 2017, 18:00 PM

War on sugar takes toll; Asia, Brazil struggle to make up shortfall

The "war on sugar" being waged by governments and consumers to combat public health emergencies like diabetes is slowing growth in global demand, which along with other factors could signal a fundamental shift in consumption ahead.
24 May 2017, 18:00 PM

German consumer confidence up for second month

German consumers remain in an upbeat mood for a second month in a row, dismissing risks on the horizon in view of a humming economy, said a closely-watched survey Wednesday.
24 May 2017, 18:00 PM

Jump in renewable energy jobs worldwide: agency

The renewable energy sector employed 9.8 million people worldwide in 2016, marking a sharp increase from 2012, the Abu Dhabi-based International Renewable Energy Agency said on Wednesday.
24 May 2017, 18:00 PM

Ford to cut 1,400 white-collar jobs in N America, Asia

Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.
17 May 2017, 18:00 PM

Hindustan Unilever profit up 6.2pc

Hindustan Unilever Ltd, maker of products ranging from Lakmé cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products.
17 May 2017, 18:00 PM

Hundreds of EU airports, ports to benefit from simpler subsidy rules

Hundreds of small airports and ports around Europe are set to benefit from simpler EU state aid rules allowing governments to grant public funds to help them expand and create jobs.
17 May 2017, 18:00 PM

UK workers suffer first pay squeeze since 2014

British pay growth lagged inflation for the first time in two-and-a-half years in early 2017, underscoring the growing Brexit squeeze facing many households, official data showed on Wednesday.
17 May 2017, 18:00 PM

Volvo Cars says new generation of diesel engines could be the last: CEO

Swedish carmaker Volvo's latest generation of diesel engines could be its last as the cost of reducing emissions of nitrogen oxide is becoming too much, Chief Executive Hakan Samuelsson was quoted as saying on Wednesday.
17 May 2017, 18:00 PM

Mattra wins Golden Globe Tigers Awards

Advertising agency Mattra has recently won the Golden Globe Tigers Awards 2017 held in Kuala Lumpur in Malaysia.
17 May 2017, 18:00 PM

Western banks eclipsed by China's along the new Silk Road

For global banks, China's new "Silk Road" is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cosier relationship with Beijing for those who step up.
17 May 2017, 18:00 PM

IMF could be on board for Greek bailout: Slovak FM

Slovak Finance Minister Peter Kazimir suggested Wednesday that the International Monetary Fund was on board for financing Greece's third bailout.
10 May 2017, 18:00 PM

China factory gate inflation slows as commodity prices drop

Factory price inflation eased in April, data showed Wednesday, fuelling concerns about a growth slowdown in the world's number two economy and denting hopes for a pick-up a global reflation.
10 May 2017, 18:00 PM

German chemical industry sees growth ahead in 2017

The industry body for Germany's powerful chemicals sector on Wednesday forecast a pick-up in growth for 2017, after a strong first quarter stoked by increased demand at home and abroad.
10 May 2017, 18:00 PM