China's direct overseas investment plummeted 35.7 percent year-on-year in January, official data showed Thursday, after officials rolled out rules to curb a record-setting spree of foreign acquisitions by Chinese firms.

Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the companies said in a joint statement.

A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald's Corp, arguing in a complaint to regulators that the American fast food giant's China sale may hurt workers and consumers.

Alphabet Inc's Google said on Thursday it partnered with Telenor ASA to roll out Rich Communications Services (RCS), an upgraded messaging service, to the Norwegian telecoms company's subscribers in Asia and Europe. The messaging service includes features such as group chats, photo sharing and read receipts among other things, Google said in its official blog.

America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 attacks and strengthened during the Obama administration are onerous and ineffective, sources said.

British workers saw their pay grow more slowly than expected at the end of last year, official data showed on Wednesday, ahead of a likely squeeze on their living standards from higher inflation in 2017.

The European Parliament backed a contested EU-Canada free trade deal on Wednesday, facing down protests by activists and Donald Trump-inspired calls for protectionism.

AFTER Brexit stole the limelight last year, the spectre of Grexit is back.

US Federal Reserve Chair Janet Yellen made it clear on Tuesday that interest rate hikes are coming, and could happen at any time.

The government of Bangladesh has set a target to bring the whole country under electricity coverage by 2021.

BP returned to profit in 2016 as cost-cutting and lower charges linked to the Gulf of Mexico oil spill offset weaker crude prices, the British energy giant announced Tuesday.

China's foreign exchange reserves have fallen below $3 trillion for the first time in six years, the central bank announced Tuesday, crossing a symbolic threshold as authorities seek to stem capital flight out of the country.

The International Monetary Fund's board agreed late Monday that Greece likely will need further debt relief, but there remains a split over the appropriate goal for the country's finances.

Industrial production in Germany slid in December, official data showed Tuesday, clouding an otherwise bright picture painted by economic indicators in Europe's largest economy.

India's rupee will reverse recent gains and sink to a record low in the coming year on expectations for a rise in the dollar even though US President Donald Trump has made clear his dislike of a strong currency, a Reuters poll found.

"Things don't have to change the world to be important," Apple Inc co-founder Steve Jobs said in an interview in 1996.

Finnish network equipment maker Nokia reported its quarterly profits fell less than expected, helped by cost cuts and the acquisition of Alcatel-Lucent, and said the tough global market was starting to stabilize.

World food prices rose to a near two-year high in January and look set to be higher and more volatile in 2017, the United Nations food agency said on Thursday.

The German industrial conglomerate Siemens said Tuesday that full-year earnings would surpass previous estimates, after reporting a 25 percent jump in quarterly net profit.

Japan on Wednesday denied Donald Trump's accusation Tokyo "played the money market" to give it an unfair trade advantage, with Prime Minister Shinzo Abe saying the claims of currency devaluation were untrue.