Shell gets final permit for Arctic oil drilling

Oil and gas giant Shell has been granted the final permit it needs to begin drilling below the ocean floor for oil in the Arctic.
18 August 2015, 12:23 PM

Qatar to launch major labour reform for migrant workers

Qatar on Tuesday officially launches one of its most "significant" labour reforms to guarantee migrant workers' wages, but rights groups are concerned over implementation of the new regulations.
17 August 2015, 18:00 PM

LafargeHolcim to sell India assets for 750m Swiss francs

Cement maker LafargeHolcim said it would sell two plants in eastern India to Birla Corporation for about 750 million Swiss francs ($768 million), as a condition of its recent merger.
17 August 2015, 18:00 PM

Amazon boss Jeff Bezos defends company's workplace culture

Amazon's founder and chief executive refuted claims of "shockingly callous management practices"
17 August 2015, 18:00 PM

India, EU working to end trade huff over generic drugs

India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by cancelling talks on a free trade accord with its largest trading partner, officials said.
17 August 2015, 18:00 PM

Thai economic growth slows

Thailand's economy slowed in the second quarter hit by weak domestic demand and exports, official data showed Monday, with growth expected to be hampered by China's devaluation of the yuan.
17 August 2015, 18:00 PM

Japan economy's contraction a blow for 'Abenomics'

Japan's economy contracted 0.4 percent in the April-June quarter, official data showed Monday, underscoring how Tokyo's "Abenomics" growth programme has yet to gain traction.
17 August 2015, 18:00 PM

China retreats to financial shadows to boost economic growth

On a sweltering day in August, the towering ferries wheel and massive roller coaster of China's Jiyanghu Ecological Park, a two-hour train ride from Shanghai, stand eerily silent.
17 August 2015, 18:00 PM

Brazil's currency nears fair value after dramatic decline

The Brazilian real is trading at or near fair value after losing one quarter of its worth since Jan. 1, economists said, suggesting a possible respite for one of the year's most battered currencies.
17 August 2015, 18:00 PM

Top executives earn 183 times more than UK average

The average pay of chief executives in Britain's top companies is 183 times that of the typical worker, according to a study published Monday.
17 August 2015, 18:00 PM

Chinese minister to visit Dhaka next week

Dhaka and Beijing expect holding comprehensive discussion on Chinese investment and support in commerce, agriculture, industrial and infrastructure development in Bangladesh during Chinese Commerce Minister Gao Hucheng's visit on August 25-26.
17 August 2015, 18:00 PM

China yuan to move both ways: economist

China's move to weaken the yuan last week could head off further similar "adjustments", and the yuan is likely to move in both directions as the economy stabilizes, Ma Jun, chief economist at the central bank, said on Sunday.
16 August 2015, 18:00 PM

German minister hails Greek deal ahead of key MP vote

Germany's hardline finance minister Wolfgang Schaeuble on Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.
16 August 2015, 18:00 PM

Brazilian farmer hopes for sweeter coffee market

Brazilian farmer Marcos Croce has woken up and smelled the coffee -- embracing the organic trend and bucking Brazil's long-held status as a mass producer of poor quality beans.
16 August 2015, 18:00 PM

Global firms avoiding Australian taxes

Multinational firms shifting profits offshore to avoiding paying Australian taxes should be "named and shamed", the chair of an Australian parliamentary inquiry into the practices said Sunday ahead of the release of a report.
16 August 2015, 18:00 PM

Jet Airways swings to profit in June quarter on lower fuel costs

Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel
15 August 2015, 18:00 PM

Eurozone growth slows

Growth in the eurozone slowed slightly in the second quarter but it appears to be holding up against the Greek debt crisis and the
15 August 2015, 18:00 PM

Autos buoy US industrial output

US industrial output advanced at its strongest pace in eight months in July as auto production surged, another bullish sign for third-
15 August 2015, 18:00 PM

Why Google and Larry Page created their own Alphabet

With the launch of its new holding company, Alphabet, Google is trying its hardest not to be Microsoft. And Chief Executive Officer
15 August 2015, 18:00 PM

Samsung Electronics unveils high-end phones in search of sales boost

Samsung Electronics Co Ltd unveiled a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone on
15 August 2015, 18:00 PM