Over 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on...

are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the...

Australian retail sales slipped unexpectedly in December as consumers spent less on food and eating out, a soft end to a subdued quarter for retail spending and another reason to expect a cut in...

Senior officials arrested in a corruption investigation. Subway commuters trapped underground without light or proper ventilation. Flooded roads in the financial district. It may sound like Indonesia...

Feb. 6 (Bloomberg) -- Qantas Airways Ltd. would have to cut jobs, cancel routes and even sell off its budget division Jetstar if laws affecting the airline are changed, said Alan Joyce, chief...

Indian market . Madura is set to win new alliances-with Birla readying fresh investments and stalling stake sale plans-after India's largest branded apparel maker bounced back to profit,...

analysts and investors with better-than-expected results for the quarter ended December 2011. On an aggregate basis, of the 75 among the BSE 200 companies that announced their results till Friday,...

NEW DELHI: Telenor, which holds a 67% stake in Unitech Wireless, is planning a diplomatic and legal offensive to secure its investments in India even as it is ready with an aggressive bidding plan to...

This resulted in an annualized interest rate of 12.32% (including other charges). In contrast, IOC has been mobilizing funds for the project in the last two years at an average interest rate of 6.5%....

The News print edition will not appear on Monday 06th, 2012 on account of 12 Rabi-ul-Awwal. The newspaper will be brought out as usual on Wednesday 07th February 2012 The web edition, however, will...

LEGISLATION forcing Qantas to maintain its base in Australia and perform the majority of heavy aircraft maintenance and training at home would seriously threaten the airline's future, according...

Qantas chief axecutive Alan Joyce says amendments to the Qantas Sale Act proposed by Independent Senator Nick Xenophon pose a major threat to the company and Australian jobs.One of the bills is...

New Delhi, Feb. 5: The government can expect to earn a sizeable amount of money from spectrum sale as global firms such as America’s AT&T, South Africa’s MTN and France-based Orange want to...

New Delhi, Feb. 5 (PTI): Market regulator Sebi is bringing on board an outside consultancy firm to overhaul its functions and organisational...

“We have heard about it but as of now Boeing has not said anything to us officially. With the Indian aviation week right around the corner, Boeing has plans to make the first delivery during that...

New Delhi, Feb. 5: The government is in search of a middle ground on the issue of import duty of power equipment. While the domestic power equipment industry is advocating levies, private power...

Calcutta, Feb. 5: The tea industry in a bid to promote the brew within the country is set to kick off an intense round of interactions with the local...

Calcutta, Feb. 5: Auto makers have taken to sharing platforms as part of a new manufacturing strategy. For instance, the Renault Pulse and the Nissan Micra, which have striking similarities, are...

Mr Joyce said Senator Xenophon's proposed amendments to the Qantas Sale Act went way beyond its original aim. (AAP) Qantas boss Alan Joyce has warned a parliamentary hearing that proposed...

China's Central Huijin Investment Co, the state parent of the country's "Big Four" state banks, said it would cut the dividend payout ratio for three lenders to help relieve their...

Western and Arab states voiced outrage on Sunday after Russia and China vetoed a U.N. resolution that would have backed an Arab plan urging Syrian President Bashar al-Assad to give up power, and...

Feb. 3 (Bloomberg) -- For Mick Davis, the 53-year-old South African who runs Xstrata Plc, the approach from commodities trader Glencore International Plc is unlikely to prompt him to surrender the...

Feb. 3 (Bloomberg) -- Japan’s alternative trading platforms missed out on a potential payday as regulators stopped them from fielding orders when a computer error caused the biggest trading...

Feb. 3 (Bloomberg) -- Chinese Premier Wen Jiabao raised the prospect of contributing to the euro-area’s bailout programs, telling Chancellor Angela Merkel that China may be prepared to assist...

Mitsubishi Plastics Inc developed a front sheet with an excellent water vapor barrier property for flexible photovoltaic (PV) batteries. The sheet has already been employed for the "Power...

Feb. 6 (Bloomberg) -- Chinese shoppers on their Lunar New Year holiday were less lavish than expected at Hong Kong jewelers, curbed spending on beauty brands and slowed spending at South Korean...

The two Seoul-based companies sold a record number of vehicles in 2011 and their shares outperformed all other major carmakers. With both Hyundai and Kia increasingly fighting for customers at all...

By Yang Jingjie A Chinese government work team and company representatives arrived in Tripoli over the weekend to discuss with Libyan authorities how to protect assets of Chinese companies and...

Feb. 3 (Bloomberg) -- NATO defense ministers meeting in Brussels agreed that their soldiers in Afghanistan will need to continue combat operations in a support role even after Afghan forces take the...

Feb. 6 (Bloomberg) -- Olympus Corp., the Japanese camera maker suing 19 current and former executives over accounting fraud, will hold an emergency shareholders meeting on April 20, it said yesterday...

Order was restored in the Toyota Racing Series during the fourth round of the championship at Hampton Downs over the weekend. Last time out, English driver Jordan King came away with the bulk of the...

Feb. 3 (Bloomberg) -- Panasonic Corp. almost doubled its annual loss forecast to a record 780 billion yen ($10 billion), the latest Japanese electronics company to predict weaker earnings because of...

Feb. 6 (Bloomberg) -- Japan’s biggest makers of TVs, phones and chips say they’ll lose about $17 billion this year, about three-quarters of what Samsung Electronics Co. will spend on...

Feb. 2 (Bloomberg) -- Reserve Bank of India Deputy Governor Subir Gokarn said the monetary authority will cut borrowing costs once it’s confident inflation will keep...

China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and...

Toshiba Lighting & Technology Corp announced two (daylight- and incandescent-color) cylindrical (T-type) LED light bulbs in the "E-core" series. The brightnesses of the daylight- and...

Mitsubishi Electric Corp announced the overview of its ultra-high-speed elevator developed for the 632-meter Shanghai Tower under construction in Shanghai, China. For the traction motor of the...

Seiko Clock Inc developed a small geared motor that can be used for precision instruments and a small pump equipped with the motor. The operating voltages of the motor and pump are both 3V (direct...

Elpida Memory had a press conference Jan 24, 2012, and Takao Adachi, who is responsible for the development of the new memory, explained about the latest...

Feb. 4 (Bloomberg) -- Lance Armstrong, the seven-time tour de France champion, and his professional bicycle racing team are no longer the subjects of a U.S. criminal probe, the U.S. attorney in Los...

Feb. 6 (Bloomberg) -- Australian Prime Minister Julia Gillard has the backing of her Labor Party caucus, according to Treasurer Wayne Swan, amid speculation that Foreign Minister Kevin Rudd is...

You can't help but feel a little frisson of excitement as you pass through the tall iron gates and pull up under the beautiful wrought-iron and glass porte-cochre of the Shangri-La in...

global economy , revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not. As if that prospect was not alarming...

ATHENS: Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remain before the...

Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as an export market and as a source of technology. Wen urged sceptical Chinese citizens to understand that...