India's potential combat jet deal with preferred bidder Dassault Aviation is one of the many the country wants to implement. It plans to spend about $50 billion over the next five years to upgrade its military.
Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the 1,000 pounds per square foot mark for the first time.
Merck & Co., the second-largest U.S. drugmaker, is projected to report stronger fourth-quarter profit on double-digit growth of key products, an increasing emerging markets presence and further cost reductions.
Prices of Mattel Inc toys like Barbie dolls and Hot Wheels cars have gone up as the company tries to compensate for increasing costs for materials like resin and rising wages in China.
Japanese conglomerate Hitachi Ltd might post a 33 percent fall in its operating profit for the three months ended December, hurt by a strong yen and weak sales, business daily The Nikkei reported.
Investors have begun 2012 in a cautious mood, with U.S. and Japanese asset managers worried about the euro zone debt crisis cutting exposure to stocks and boosting bonds, while European accounts added risky assets, Reuters polls show.
The Burmese python is wrecking the Florida Everglades ecosystem and have devastated small mammal populations in the area, but its not the only species that is causing harm to the ecosystem.
A World Trade Organisation ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies but is unlikely to yield the boost in exports of the metals that consumers want to see.
Hong Kong shares rose on Tuesday with the Hang Seng Index streaking to its best January since 1996, but further upside is expected to be capped going into earnings season after several profit warnings from mainland companies.
Chinese prosecutors cited a poem and messages sent on Skype against a dissident who stood trial on Tuesday, his son and his lawyer said, in the latest case highlighting the Communist Party's drive to silence political challengers.
Gold prices, headed for their strongest January in three years, rose Tuesday as fears of a Greek sovereign debt default receded, the dollar weakened and crude oil and copper prices increased.
Apple Inc overtook Hewlett-Packard Co as the world's largest vendor of personal computers in the fourth quarter for 2011, helped by increasing demand for its iPads, according to a latest report.
Twitter Chief Executive Dick Costolo said the company's recently announced online content policy was meant to be a transparent way to handle government requests for the removal of certain content and did not mean it is actively monitoring Tweets, the Wall Street Journal reported.
Millions of Indians went to the polls on Monday in Punjab and Uttarakhand where the country's ruling Congress party hopes to regain momentum after a year when its reputation was battered by corruption scandals and a slowing economy.
Honda Motor Co forecast a worse-than-expected 65 percent drop in profit for the year to March after natural disasters in Japan and Thailand hammered it harder than its rivals while the strong yen delivered an added blow.
Syrian President Bashar al-Assad's forces have taken the upper hand in escalating battles on the outskirts of the capital Damascus while top Western and Arab diplomats are seeking a U.N. Security Council resolution calling for him to go.
Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.
China's appeal of a ruling that found restrictions on exports of nine raw materials as breaking global rules has been rejected by World Trade Organization.
A senior International Monetary Fund official said on Monday that China was taking steps to reduce property bubble risks and said it has room to add fiscal stimulus if conditions worsen.
A senior International Monetary Fund official said on Monday that China was taking steps to reduce property bubble risks and said it has room to add fiscal stimulus if conditions worsen.
Chancellor Angela Merkel cemented her political ascendancy in Europe Monday when 25 out of 27 EU states agreed to a German-inspired pact for stricter budget discipline, even as they struggled to rekindle growth from the ashes of austerity.
French art database and ad specialist Artprice.com expects sales to soar this year on the back of the launch of an online auction service, its chief executive told Reuters on Monday.
