Asia and Pacific countries, including India, Sri Lanka and Bangladesh, need to thwart challenges posed by natural calamities that have been taking toll on their infrastructure, ADB has said.
The H-1B visa programme is unlikely to be a thorny issue in the maiden meeting between US President Donald Trump and Prime Minister Narendra Modi and the talks could yield a "win-win formula" for both the sides, a top American business advocacy group group said.
In a bid to arrest its economic slowdown, China has eased restrictions on foreign investment in its free trade zones, removing 27 items across eight sectors including mining, manufacturing and banking, on which foreign investment was barred.
Amazon founder Jeff Bezos is asking for ideas to help the world through philanthropy -- and is getting an earful.
Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.
Wal-Mart Stores Inc said on Friday it would buy online men`s fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc.
Apple Inc said on Friday it hired co-presidents of Sony Pictures Television, Jamie Erlicht and Zack Van Amburg, to lead its video programming efforts.
Amazon reached an agreement to acquire upscale US grocer Whole Foods Market for $13.7 billion, including debt, the companies announced Friday.
Takata, one of the world`s biggest automotive suppliers, has been working for months to complete a deal with Key Safety.
Finnish mobile game and animation studio Rovio, maker of the Angry Birds game, said it could list on the stock exchange in the future, while declining comment on a media report that China`s Tencent Holdings was looking to acquire the company.
The European Union (EU) has enacted a legislation ending roaming fees for mobile phone users across the 27-member bloc.
The request signalled a shift for Bezos, who has invested in longer-term bets like space exploration and kept quieter about other givings.
Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an OPEC-led effort to cut production and prop up crude markets.
Brent crude oil fell 30 cents to USD 46.70 a barrel, its weakest since May 5 and just above six-month lows, before recovering a little to trade around USD 46.90 by 0945 GMT.
The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signalling its confidence in a growing US economy and strengthening job market.
The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year.
The International Monetary Fund on Wednesday raised its forecast for China`s 2017 economic growth to 6.7 percent, its third increase this year, citing "policy support, especially expansionary credit and public investment".
Uber Technologies Inc director David Bonderman said on Tuesday that he has resigned from the company`s board following a remark he made during an Uber staff meeting that was widely seen as offensive to women.
Uber Technologies Inc Chief Executive Officer Travis Kalanick told employees on Tuesday he will take time away from the company he helped to found, one of a series of measures the ride-hailing company is taking to claw its way out from under a mountain of controversies.