INDIA

IBTimes Logo

RBS talks on Asian assets in full swing: sources

Royal Bank of Scotland's talks to sell some of its Asian assets to Standard Chartered remain in full swing, sources familiar with the matter said on Tuesday after a report they were on the rocks.

Fiat searching for right road to Asia

IBTimes Logo
Italy's Fiat SpA (FIA.MI) needs to find a better route into the booming Asian car markets if it wants to catch its competitors and seal a place near the front of the grid of global automakers.

China iron ore prices fall to $95/tonne on demand drop

IBTimes Logo
Benchmark iron ore prices in China fell to $95 a tonne on Monday, easing 17 percent from its nearly one-year peak of $115 in early August, as traders said many Chinese steel mills stopped buying ore for future delivery.
IBTimes Logo

MTN talks extension weakens deal chances-UBS

The extension of exclusive talks that could lead to a merger of India's Bharti Airtel and South Africa's MTN Group weakens the probability of the deal closing, UBS said in a research note.
More news
IBTimes Logo

HP could prune outsourcing services: sources

Hewlett-Packard Co is considering selling or shutting parts of its outsourcing business to focus on the higher-margin areas of its technology services offering, people familiar with the matter said.
IBTimes Logo

Exxon, China sign $41 billion Australian gas deal

Australia and China struck their biggest trade deal on Tuesday, as the world's two most valuable listed oil companies, Exxon Mobil Corp and PetroChina , reached a $41 billion liquefied natural gas agreement.
IBTimes Logo

South Korea rocket launch bound to rile the North

South Korea is counting down to its first space launch on Wednesday that will likely open the door to its nascent rocket program and rile neighbor North Korea, hit by U.N. sanctions after its own rocket launch in April.
IBTimes Logo

Exxon, China ink $41 billion Australian gas deal

Australia and China struck their biggest trade deal ever on Tuesday as the world's two most valuable listed oil companies, Exxon Mobil and PetroChina , agreed a $41 billion liquefied natural gas deal.
IBTimes Logo

DreamWorks closes film financing deal with Reliance

Steven Spielberg's DreamWorks Studios and Indian conglomerate Reliance ADA Group closed a financing deal on Monday, putting the final touch on a three-year, $825 million pact for up to six films a year.
IBTimes Logo

Hardy Oil posts H1 loss, cuts FY production forecast

Britain's Hardy Oil and Gas Plc (HAOG.L: Quote, Profile, Research, Stock Buzz) posted an operating loss for the first half on lower crude oil prices and higher costs, and cut its 2009 production forecast as its only producing field was shut for repairs.
IBTimes Logo

After Suu Kyi verdict, should the West engage Myanmar?

Myanmar's reduced sentence for opposition leader Aung San Suu Kyi may be an indication the junta is becoming more sensitive to international pressure as it prepares a transition to civilian rule next year, analysts say.
IBTimes Logo

Fed did not intervene in FX market in Q2: NY Fed

U.S. monetary authorities did not intervene in foreign exchange markets in the second quarter as an improving global economic outlook pressured the U.S. dollar, the Federal Reserve Bank of New York said on Thursday.
IBTimes Logo

U.S. food companies seek easier sugar quotas

Large U.S. food companies have been pushing the Obama administration to ease sugar import curbs, citing forecasts for unprecedented sugar shortages that could result in higher retail prices and possible job losses.
IBTimes Logo

Facebook Lite: Lighter and faster

Facebook has begun tests on a new service that is designed for mobiles and at countries that have narrowband internet connections.
IBTimes Logo

China urges world to respect Myanmar's sovereignty

China said on Wednesday the world should respect Myanmar's judicial sovereignty after the junta sent Aung San Suu Kyi back into detention, triggering Western outrage but only a measured response from its neighbors.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.