Aditya Kondalamahanty

The railcars, to be assembled in the city, are set to be delivered by 2024 and a prototype is slated for a 2019 release.

The downsizing drive, originally slated to end this year, will result in the reduction of 3,300 to 3,800 positions.

A court ruled Monday that lenders had a first right on the compensation due to be paid to Vijay Mallya by London's Diageo.

The U.N.-sponsored peace talks are set to be held this week in Geneva after a landmark ceasefire led to the first significant decline in violence in Syria’s nearly five-year civil war.

Foreign exchange reserves fell for the fourth month in a row to $3.20 trillion in February, the lowest level since December 2011.

Investors are moving funds into crude futures Monday after reports OPEC producers want a higher price. On the demand side, suppliers also received some positive news.

The International Monetary Fund wants Greece to introduce additional spending cuts worth $2.75 billion before signing off on a third bailout.

Zanjani admitted to using a web of companies to sell millions of barrels of Iranian oil on behalf of the government since 2010.

New rules, set to be enforced beginning Monday, will hold senior managers personally responsible in cases of reckless management of financial assets.

Sigmar Gabriel, Germany's vice chancellor, also described U.S. presidential hopeful Donald Trump as a “right-wing populist.”

The ratings agency placed more than 10 oil producing nations on review for a downgrade late Friday.

China may launch mixed ownership pilot programs in the oil, natural gas and rail sectors, the country's economic planning head Xu Shaoshi said Sunday.

The U.S. secretary of state discussed the week-old Syrian ceasefire with his Russian counterpart over a phone call Friday.

The aggressive move on Zaman is the latest in a series of increasingly harsh measures to quell dissenting voices taken by the Turkish government.

An initial police investigation suggested the blast was caused by a fuel leak aboard the boat.

Several states have begun to question whether fantasy sports sites are organizing games of chance, which are illegal under various states' gambling statutes.

Premier Li Keqiang acknowledged the slowing momentum of the world’s second-largest economy in a blueprint of its economic targets for the next five years.

Since Renault rescued Nissan in 1999, the Japanese automaker has outgrown its French parent and now leads Renault in sales and engineering.

Stock markets across Asia and Europe rallied Friday as investor sentiment was buoyed by optimistic expectations from the U.S.

Continuing political and economic risks had made advertisers reach for cost cuts instead of expansion to hit profitability targets, CEO Martin Sorrell noted.

The upcoming warehouse, which will be set up in the southern Indian city of Hyderabad, will accommodate 13,500 people and will be the largest one outside of the U.S.

The outbreak of the Zika virus was declared a public health emergency of international concern in February by the World Health Organization.

As Volkswagen’s biggest profit center, Audi’s earnings are seen as an early indicator of the fortunes of the world’s second largest car maker.

The South Korean smartphone maker echoed Apple’s arguments against the FBI’s request to build backdoors into the iPhone, saying it would undermine customers’ trust.

The German shoemaker had come under pressure from investors for losing ground to larger rival Nike over the past few years.

A collapse in oil prices and relatively low exposure to global financial turbulence should drive India’s economic growth the International Monetary Fund said Wednesday.

Latin America's biggest economy plunged 3.8 percent last year, the worst performance by a major economy in 2015, according to reports.

A renewed drop in crude oil prices weighed more than expected on inflation within the eurozone in February.

Most European stocks tracked robust gains in Asian markets while U.S. stock futures traded in the red.