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

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

Tata Steel Q1 net sales down 17pc

Tata Steel Ltd on Tuesday posted a 17 percent drop in consolidated net sales for the April-June quarter, as a flood of cheaper imports hit steel prices.
11 August 2015, 18:00 PM

New Google CEO made ascent with low-key style

A low-key style and an unusually firm handle on diplomacy propelled new Google chief executive Sundar Pichai to the top of the search engine giant, former colleagues said, cementing his successes such as creating the Chrome browser.
11 August 2015, 18:00 PM

Greece, lenders clinch bailout deal after marathon talks

Greece and its international lenders clinched a multi-billion-euro bailout agreement on Tuesday after marathon talks through the night, officials said, raising hopes aid can be disbursed in time for a major debt repayment due next week.
11 August 2015, 18:00 PM

Asian central banks hold nerve after China devalues yuan

Some of Asia's most interventionist central banks are for now holding their nerve on currency policy after a major devaluation in the currency of one of their top trading partners, China.
11 August 2015, 18:00 PM

Opec raises oil demand forecast

Opec on Tuesday revised upward its growth forecast for global oil demand in 2015 and maintained projected record levels of world consumption next year, despite turbulent market conditions spurred by financial instability in Greece and China.
11 August 2015, 18:00 PM

Modi makes final push to pass tax reform

The government of Indian Prime Minister Narendra Modi is making a last push before the end of a stormy sitting of parliament to pass a major tax reform aimed at boosting economic growth, but an opposition party has dug in its heels to stop the bill.
11 August 2015, 18:00 PM

Costs of ad blocking rise to nearly $22b

The use of software that blocks online ads is expected to cost websites some $21.8 billion globally in 2015, a study showed Monday.
11 August 2015, 18:00 PM

Pacific trade deal puts profit over people

Labour activists worry that a US-led free-trade deal under negotiation will prioritise corporate profits over workers' rights and pressure governments to bow to the will of investors.
11 August 2015, 18:00 PM

Greece, creditors seen closing in on third bailout accord

Greece and its creditors were to resume talks in Athens on Sunday with both sides indicating that the terms of a third bailout will be finalised in short order.
9 August 2015, 18:00 PM

China under mounting pressure to ease policy as economy stumbles

China is under growing pressure to further stimulate its economy after disappointing data over the weekend showed another heavy fall in factory-gate prices and a surprise slump in exports.
9 August 2015, 18:00 PM

Zimbabwe police bar trade union protests over job losses

Zimbabwe police on Saturday blocked the country's main workers union from protesting against a recent wave of job losses and briefly held union leaders, one of the march organisers said.
9 August 2015, 18:00 PM

BMW says weak China demand could hurt full-year earnings

German automaker BMW said Tuesday that weaker demand from China could weigh on its full-year earnings, as it reported a slight drop in its second-quarter profits.
4 August 2015, 18:00 PM

Brazil presents another hurdle in Monsanto's bid for Syngenta

Seed giant Monsanto Co's unwanted takeover bid with Switzerland's Syngenta AG would face strong resistance in Brazil should it go forward, farmers and lawyers said, a hurdle that could delay or force major concessions to the $45 billion deal.
4 August 2015, 18:00 PM

Pacific trade deal nearing completion despite delay: Kerry

Asia-Pacific countries negotiating a vast free-trade pact are "nearing completion" of a landmark agreement, US Secretary of State John Kerry said Tuesday, days after delegates failed to seal the deal in Hawaii.
4 August 2015, 18:00 PM

Samsung fights to save mobile market share

For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market.
4 August 2015, 18:00 PM