Indian company to produce thermal batteries

An Indian company will start producing thermal batteries from May 2019, as the South Asian nation looks to promote the use of electric vehicles and reduce its carbon footprint.
6 August 2018, 18:00 PM

German industrial orders plunge

Industrial orders in Germany fell more than expected June, official data showed Tuesday, as global trade tensions weighed on Europe's top economy.
6 August 2018, 18:00 PM

Trump's trade 'extortion' won't work, China state media says

Chinese state media on Monday lambasted US President Donald Trump's trade policies in an unusually personal attack, and sought to reassure investors anxious about China's economy as growth concerns battered its financial markets.
6 August 2018, 18:00 PM

Samsung reinvents itself in battle for India's smartphone market

Sometimes keeping ahead of the game means learning some tricks from rivals - a strategy Samsung Electronics Co Ltd hasn't been too proud to adopt in India where Xiaomi Corp and other Chinese brands have made hefty inroads.
1 August 2018, 18:00 PM

Global factory growth slowing; China-US trade war biting

Factory growth stuttered across the world in July, heightening concerns about the global economic outlook as an intensifying trade conflict between the United States and China sent shudders through trading partners.
1 August 2018, 18:00 PM

Fiat limits its losses after visionary boss departs

Fiat Chrysler avoided heavy losses on the Milan stock exchange Monday after its boss of 14 years Sergio Marchionne stepped down at the weekend due to serious health issues believed to be life-threatening.
23 July 2018, 18:00 PM

Philips’ profit soars 15pc in Q2

Dutch electronics giant Philips Monday posted a 15 percent hike in net profits for the second quarter, just months after listing its lighting division separately on the Amsterdam bourse.
23 July 2018, 18:00 PM

China probes import of stainless steel

China on Monday launched an anti-dumping probe into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints that a flood of product has damaged the local industry.
23 July 2018, 18:00 PM

Iran becomes India's No. 2 oil supplier

Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister said on Monday, replacing
23 July 2018, 18:00 PM

Over 20 Indian banks sign pact for faster bad-loan resolution

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.
23 July 2018, 18:00 PM

Analysts slash gold price forecasts

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.
23 July 2018, 18:00 PM

Europeans press for digital tax at G20 meeting

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.
23 July 2018, 18:00 PM

China rejects Trump accusations of currency manipulation

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".
23 July 2018, 18:00 PM

Ethiopian migrant brings the Italian hills alive with the sound of goats

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.
21 July 2018, 18:00 PM

Bangabandhu-1 satellite seeks business from banks

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.
21 July 2018, 18:00 PM

S&P boosts Greece debt outlook to 'positive'

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.
21 July 2018, 18:00 PM

Japanese auto imports no threat to US national security: Abe

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.
21 July 2018, 18:00 PM

Microsoft shares at all-time high after bumper results

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.
21 July 2018, 18:00 PM

Over sorghum salad, US farmers and Chinese buyers chew on trade

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.
21 July 2018, 18:00 PM

Trump and the US dollar: Actions speak louder than words

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.
21 July 2018, 18:00 PM