India's Largest Online Retailer Flipkart Raises $700M In Fresh Funding As It Tries To Compete With Amazon
Flipkart said it had raised $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.
Russian President Vladimir Putin Urges Country's Secret Services To Tackle 'Modern Challenges'
Putin, himself a former KGB agent, sent the message in a letter to to veterans and current operatives of Russia's security services on the day Moscow traditionally honors them..
India Looks To Sway Americans With Nuclear Power Insurance Plan
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
GM Develops Contingency Plans In Case Takata Recalls Widen
General Motors has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens.
Crank Up Public Spending To Revive India Growth: Chief Economic Adviser
Arvind Subramanian said on Friday that India should increase public spending to boost economic growth in the medium term.
Pu Zhiqiang, Chinese Human Rights Lawyer, Has Faced 'Inhuman' Treatment In Detention: Wife
Pu Zhiqiang, one of China's most outspoken dissidents, was arrested in June on charges that supporters say are politically motivated.
Swiss Central Bank Announces Negative Interest Rates To Stem Flight Into Franc
Swiss National Bank announced it would impose an interest rate of -0.25 percent on the portion of so-called "sight deposits."
US Marine Joseph Pemberton, Accused Of Killing Transgender Philippines Citizen, Appears In Court
Joseph Scott Pemberton has been charged with the murder of Jeffrey Laude, who was found dead in a hotel in northwest of Manila.
Asia Stocks Boast Biggest Rise In 15 Months, Bank Of Japan Quietly Confident
Asian shares enjoyed their best day in 15 months on Friday after Wall Street boasted its biggest two-day advance since late 2011.
Tata, Singapore Air Venture Vistara To Take Off On Jan 9 With A Fleet Of New Airbus A320-200s
Based in New Delhi, the full service Vistara will begin operations with a fleet of new Airbus A320-200s with 148 seats.
French Parliament Passes Deficit-Cutting 2015 Budget
The French parliament approved President Francois Hollande’s revised 2015 deficit-cutting budget on Thursday.
China Police Chief Who Released Drunk Son Charged With Corruption
China's governing Communist Party has been waging a campaign against corruption, in a bid to increase its legitimacy.
Fed Confident On US Growth, Opens Door Wider To Rate Hike
The Fed has held benchmark overnight rates near zero since December 2008.
Russia Minister Says Western Sanctions Over Ukraine Could Be In Place For 'Decades'
Economy Minister Alexei Ulyukayev told a Russian paper: "When a U.S. law is passed it is very hard to change it afterwards."
FARC Weapons Arrests: Three Detained In Europe On US Charges Of Plotting To Sell Weapons To Colombian Rebel Group
The men were charged with conspiracy to kill employees of the U.S., and with conspiracy to provide material support to a Colombian rebel group.
Drone Strike In Afghanistan Kills Four Pakistani Taliban: Official
A U.S. drone strike in eastern Afghanistan has killed four Pakistani Taliban members and seven other insurgents.
China's Baidu Confirms Investment In Online Taxi Service Uber
Chinese Internet giant Baidu confirmed it is buying a stake in Uber but didn't disclose the stake size or the investment amount.
Asian Business Sentiment Rebounds In Fourth Quarter With India Most Optimistic
Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years.
Investors See Greek Upheaval Ring-Fenced From Rest Of Euro Zone
Greece's future in the euro zone may hang in the balance once more, but investors believe the market fallout from any current political turbulence can be insulated.
UK Inflation Falls Sharply In November To 12-Year Low
The fall in inflation has given some respite to British households and average earnings rose by more than prices in September.
Lloyds Payout In Balance After Scrapes Through UK Bank Test
The Co-operative Bank, which nearly collapsed last year before being bailed out by bondholders, was the only bank to fail the test.
China Factory Activity Contracts For First Time In 7 Months, More Stimulus Seen
The gloomy report reinforces investors' fears that the world's second-largest economy is losing momentum.
Standard Chartered Says In Deal To Sell HK, Shenzhen Consumer Finance Units
The buying consortium includes China Travel Financial Holdings, York Capital Management Global Advisors and Pepper Australia Pty Ltd.
South Korea To Report Ex-Korean Air Executive To Prosecutors Over Role In Flight Delay
Former Korean Air Lines executive, Heather Cho, may face legal charges if prosecutors pursue the case.
India's Trade Deficit Widens Amid Recovery Hopes
Growth slowed to 5.3 percent in the July-September quarter from a 2-1/2-year high of 5.7 percent in the previous quarter.
Ex-Madoff Manager Sentenced To Six Years Prison For Fraud
A former manager at Bernard Madoff's firm was sentenced to six years in prison on Monday for helping her now imprisoned boss carry out his multibillion dollar Ponzi scheme.
Around 1,300 Killed In Ukraine Since Ceasefire: UN
UN report also highlights systematic human rights violations on the Crimean peninsula, annexed by Russia from Ukraine in March.
Fed Faces Big Decision Over A Few Choice Words
Fed will decide this week whether to make a critical change to its policy statement that will widen the door for interest rate hikes next year.
Moscow Shifts To Tougher Economic Relationship With Ukraine: PM
Dmitry Medvedev's comments, in an article published Monday, coincided with a visit to Brussels by Ukrainian Prime Minister Arseny Yatseniuk.
India's Rapidly Cooling Inflation Supports Case For Rate Cut
Inflation dropped to zero mainly driven by a sharp decline in fuel prices, which fell an annual 4.91 percent last month.