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Connecting Businesses with Opportunities in India

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Updated: 51 min 58 sec ago

Spain's business leaders worried about Catalan secession

1 hour 21 min ago
BARCELONA (Reuters) - Almost three quarters of Spanish business leaders fear Catalonia's plans for an independence referendum on Oct. 1 could harm the country's economy, according to a study by Deloitte published in Spanish newspaper El País.
Categories: India News

China's top steel province to meet 2017 coal capacity cuts by Sept - paper

5 hours 9 min ago
BEIJING (Reuters) - China's Hebei province will likely meet its annual target for reducing coal capacity by the end of September, official newspaper Hebei Daily reported on Sunday, citing information from the provincial planning body.
Categories: India News

Kuwaiti oil minister says further production cuts are possible

5 hours 10 min ago
ST PETERSBURG, Russia (Reuters) - Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries is good and that deeper cuts are possible.
Categories: India News

Delhi government tells Philip Morris to remove all ads

Sat, 07/22/2017 - 1:13pm
NEW DELHI (Reuters) - The state government in Delhi told Philip Morris International Inc and other tobacco companies on Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply.
Categories: India News

China insurance regulator urges industry to show more "self-discipline"

Sat, 07/22/2017 - 12:03pm
BEIJING (Reuters) - China's insurance regulator has urged the industry to show greater "self-discipline" and "serve the real economy", in a nod to the central government's focus on fighting financial risk.
Categories: India News

EU antitrust regulators say probing possible German car cartel

Sat, 07/22/2017 - 9:59am
BRUSSELS (Reuters) - EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said on Saturday, a measure that could result in hefty fines for the companies.
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Exclusive: Brazil's Triunfo clinches $673 mln restructuring with banks

Sat, 07/22/2017 - 9:57am
BOGOTA (Reuters) - TPI Triunfo Participações & Investimentos SA and a pool of about 20 banks have agreed on terms of a 2.113 billion real ($672.6 million) debt restructuring, giving the Brazilian infrastructure firm a lifeline to finalize projects and downsize gradually.
Categories: India News

UK's Boots "truly sorry" over morning-after pill campaign response

Sat, 07/22/2017 - 6:55am
LONDON (Reuters) - British pharmacy chain Boots has apologised for its response to a campaign calling for it to cut the price of one of its morning-after pills and said it was looking for cheaper alternatives.
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Roche's Tecentriq receives positive opinion from EU medicines agency

Sat, 07/22/2017 - 6:53am
ZURICH (Reuters) - A European Medicines Agency (EMA) panel said on Friday it has recommended Roche's immunotherapy Tecentriq as a treatment for advanced bladder and lung cancer, setting the stage for European Commission approval this year.
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Pakistan central bank holds rates at 5.75 pct, cites low inflation

Sat, 07/22/2017 - 6:40am
KARACHI, Pakistan (Reuters) - Pakistan's central bank held its main policy interest rate steady at 5.75 percent on Saturday, the bank's new governor said, citing low inflation expectations and the gathering pace of economic activity.
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Chinese bike-share start-up hit with lawsuit after death of minor

Sat, 07/22/2017 - 4:35am
BEIJING (Reuters) - The parents of a child who died in a traffic accident while riding an Ofo share bike in Shanghai have sued the fast-growing start-up for financial compensation.
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Toyota eyes mass EV output in China as early as 2019 - report

Sat, 07/22/2017 - 2:42am
TOKYO (Reuters) - Toyota Motor Corp is likely to begin mass production of electric vehicles (EVs) in China as early as 2019, the Asahi daily reported on Saturday.
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Japan's bazaar app Mercari applies for IPO - Nikkei

Sat, 07/22/2017 - 2:00am
TOKYO (Reuters) - Japanese peer-to-peer marketplace app operator Mercari has applied to list its shares with the Tokyo Stock Exchange, which could be the biggest initial public offering (IPO) this year, the Nikkei business daily said on Saturday.
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Deutsche Bank, JPMorgan to pay $148 million to end yen Libor cases in U.S.

Fri, 07/21/2017 - 8:03pm
NEW YORK (Reuters) - Deutsche Bank AG and JPMorgan Chase & Co have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.
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Big week for Brazil IPOs leaves sweet taste for Carrefour, Biotoscana

Fri, 07/21/2017 - 7:07pm
SAO PAULO/BOGOTA (Reuters) - The busiest week for initial public offerings in Brazil in four years ended on Friday on an upbeat note for issuers, as a nascent economic recovery and the passage of key economic reforms helped to lure global investors.
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Bitcoin averts split as miners back new software upgrade

Fri, 07/21/2017 - 6:42pm
NEW YORK (Reuters) - Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions.
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Trump orders review to strengthen U.S. defence industry

Fri, 07/21/2017 - 6:36pm
WASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defence industry and suggest changes to strengthen it.
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Volkswagen CEO says business going well so far in 2017 - Rheinische Post

Fri, 07/21/2017 - 6:12pm
FRANKFURT (Reuters) - Business is going well so far this year, Volkswagen's chief executive officer Matthias Mueller said in a newspaper interview published on Saturday.
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Lemonheads owner Ferrara eyes Nestle's candy business - sources

Fri, 07/21/2017 - 6:08pm
(Reuters) - Ferrara Candy Co, the owner of candies such as Lemonheads and Now & Later chews, is preparing to participate in the auction for Swiss food group Nestle SA's U.S. candy business, people familiar with the matter said on Friday.
Categories: India News

Dollar falls on perceived ECB path, U.S. political roadblocks

Fri, 07/21/2017 - 3:41pm
NEW YORK (Reuters) - The U.S. dollar hit its lowest level in more than a year against a basket of major rivals on Friday a day after the European Central Bank's chief abstained from talking down the euro, while obstacles to U.S. President Donald Trump's policy agenda also weighed.
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