Kuwaiti conglomerate Al Ghanim Industries is looking at industrial acquisitions in Asia to help it diversify away from the Gulf region, where its revenues have been flat this year, the CEO said on Saturday.
Sri Lankan troops on Saturday seized the entire coastline for the first time in a 25-year war with the Tamil Tigers, the military said, cutting off escape for separatist rebels now facing annihilation.
Indian Prime Minister Manmohan Singh's ruling coalition won an overwhelming election victory on Saturday, boosting hopes of a stable government as the emerging Asian power faces economic downturn and tensions with Pakistan.
French President Nicolas Sarkozy told his Pakistani counterpart he wanted the Muslim country to have a wide-ranging deal to buy nuclear equipment like the one obtained by its rival India, Pakistan said on Friday.
The United Nations took a step toward a new climate treaty on Friday by publishing the first draft negotiating texts to help bridge a great gulf between options for rich nations to cut greenhouse gas emissions.
Bharti Airtel, India's leading telecoms firm by subscribers, hopes to double customers to 200 million within three years, its chairman said, adding any acquisition would see it reach the target even faster.
India's ruling Congress-led coalition and its main rival jostled for new allies on Thursday to boost their possible parliamentary numbers after exit polls said both would fall well short of a majority.
Asian stocks took a hit on Thursday as weak U.S. retail sales underscored the long road to economic recovery, prompting profit-taking on winning bets in equities, higher-yielding currencies and commodities over the past two months.
Asian stocks fell on Thursday as weak U.S. retail sales highlighted the long road to economic recovery, prompting profit-taking on winning bets in equities, higher-yielding currencies and commodities over the past two months.
The Organization of the Petroleum Exporting Countries on Wednesday said its world demand in oil will continue to shrink in the current global economic recessions inline with its rising prices in oil demand and outputs cuts of 2.6 percent from the International Monetary Fund.
Shelling killed a Red Cross worker inside Sri Lanka's war zone on Wednesday, the aid agency said, while troops and the Tamil Tigers battled in an intensifying fight to the finish of Asia's longest modern war.
Big emerging countries like China, India, Brazil and South Africa must do more to open their markets to secure a new global trade deal, the U.S. trade chief said on Wednesday.
The ruling Congress-led coalition was slightly ahead of the opposition Hindu-nationalist alliance in India's general election, but both groups fell short of a parliamentary majority, early projections said on Wednesday.
The founders of India's Suzlon Energy Ltd are looking to raise up to $48 million through the sale of 30 million shares or a stake of 2 percent in the world's fifth-largest wind turbine maker, sources said on Tuesday.
Microsoft Corp Chief Executive Steve Ballmer on Tuesday said speculation the company may buy German software firm SAP was a 'random rumor.'
European stocks edged higher while world stocks came off an earlier low and oil hit its highest level in almost six months on Tuesday as expectations grew the worst might be over for the global economy.
Software giant Microsoft will lay off about 55 employees in India, which is one per cent of its Indian staff, the chairman of Microsoft India said on Monday.
Global hoteliers are pinning their hopes on the east's underserved leisure markets to offset falling revenue as holidaymakers and business travelers cut back to save money in the global downturn.
A planned new U.N. climate pact is shaping up to be a mildly tougher version of the existing Kyoto Protocol rather than a bold treaty to save what U.S. President Barack Obama has called a planet in peril.
State Bank of India (SBI.BO), India's largest lender, reported a forecast-beating 45.6 percent rise in quarterly profit after gains from trading trebled and loan demand soared as borrowers scurried for funds in a slowing economy.
Global demand for materials needed to manufacture batteries will climb 3.9 percent per year to $22.8 billion by 2012, a study by the Freedonia Group released this week stated.
When I die there will be a final waltz playing in my head, Oscar-winning French composer Maurice Jarre once said, according to several newspapers reporting his death in March.
