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Tata Steel offers to pay millions for pension scheme revamp Tata Steel offers to pay millions for pension scheme revamp

Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its Eu

Trump nominee for Attorney General promises curbs on H1B visas Trump nominee for Attorney General promises curbs on H1B visas

Trump's nominee for the post of Attorney General has assured lawmakers of taking steps towards pushing legislative measures to curb misuse of H-1B and L1 work visas significantly used by Indian IT professionals.

Samsung's heir Lee Jae-yong appears for questioning in bribery probe Samsung's heir Lee Jae-yong appears for questioning in bribery probe

Lee Jae-yong will be questioned as a suspect in the influence-peddling scandal.

World Bank projects global growth at 2.7% in 2017

In an encouraging sign, the World Bank has projected a global growth of 2.7 percent in 2017, even as it observed that stagnant global trade, subdued investment and heightened policy uncertainty marked another difficult year for the world economy.

Samsung heir Lee Jae-Yong becomes criminal suspect in South Korea scandal Samsung heir Lee Jae-Yong becomes criminal suspect in South Korea scandal

Samsung heir Lee Jae-Yong has become a criminal suspect in a widening probe into the corruption and influence-peddling scandal engulfing the impeached South Korean President Park Geun-Hye.

WEF Davos 2017: Xi Jinping to open meet; over 100 from India to attend WEF Davos 2017: Xi Jinping to open meet; over 100 from India to attend

Chinese President Xi Jinping will open the Annual Meeting of World Economic Forum (WEF) in Swiss ski resort town of Davos next week, which will be attended by a record 3,000 global leaders from business, government and civil society, including over 100 from India.

Alibaba to buy mall operator Intime in $2.6 bn plan Alibaba to buy mall operator Intime in $2.6 bn plan

Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6 billion privatisation scheme, the companies said Tuesday, sending shares of the mall operator surging.

China's inflation rebounds 2% year-on-year in 2016 China's inflation rebounds 2% year-on-year in 2016

China`s consumer price index (CPI) rose two percent throughout 2016 over the previous year, hitting 0.6 percent increase over its 2015 record.

Yahoo to change name to Altaba, Marissa Mayer to leave board after Verizon deal Yahoo to change name to Altaba, Marissa Mayer to leave board after Verizon deal

Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. 

China 2016 economic growth expected to be around 6.7 percent - state planner head China 2016 economic growth expected to be around 6.7 percent - state planner head

China`s economic growth in 2016 was expected to be around 6.7 percent, Xu Shaoshi, director of the National Development and Reform Commission (NDRC), said on Tuesday.

Full List: Best and worst international airlines 2016 Full List: Best and worst international airlines 2016

The company has put the list together keeping in mind the best on-time performance records every year, delay and cancellation patterns of the airlines across the globe.

China seeks foreign investment in foreign trade five-year plan China seeks foreign investment in foreign trade five-year plan

China`s commerce ministry published its foreign trade five-year plan for 2016 to 2020 on Monday, reiterating its determination to attract foreign investment in manufacturing and its support for domestic companies going overseas.

Eurozone jobless rate holds on to post-crisis low

The eurozone jobless rate held at the lowest level in some seven years in November as a modest economic upturn continues, official data showed on Monday.

Oil slips $1 on concerns U.S. production is rising Oil slips $1 on concerns U.S. production is rising

Oil fell by $1 a barrel on Monday as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster the market.

McDonald's sells China operations for $2.08 billion McDonald's sells China operations for $2.08 billion

US fast-food giant McDonald's will sell its mainland China and Hong Kong franchise business to a consortium of Citic Group and the Carlyle Group for up to USD 2.08 billion, the companies said today.

China is confident economy grew 6.7% in 2016 China is confident economy grew 6.7% in 2016

China is confident to have reached an economic growth of 6.7 percent in 2016, within a targeted range set earlier in the year, Vice Finance Minister Zhu Guangyao said on Sunday.

China forex reserves fall by $320 billion in 2016 China forex reserves fall by $320 billion in 2016

China's foreign exchange reserves fell by USD 320 billion last year, Beijing announced Saturday, as authorities sought to support the yuan against a soaring dollar which is encouraging capital outflows.

US job growth slows, but wages rebound strongly US job growth slows, but wages rebound strongly

US employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year.

India 'relatively exposed' to changes in US trade policies: MS India 'relatively exposed' to changes in US trade policies: MS

Amid rising fears about the direction American trade policies will move under President- elect Donald Trump, a Wall Street brokerage has placed India among the countries which are "relatively exposed" in case of a switch to protectionism but China will be the most impacted.

Apple removes New York Times app from China store Apple removes New York Times app from China store

An Apple spokesman said the company had been informed that the app was "in violation of local regulations".