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German Industrial output unexpectedly falls most in 8 Years

German industrial production unexpectedly fell in December, led by a contraction in manufacturing and construction.

World News

You would like to work here: These 20 companies offer incredible and unusual benefits

Vacation shmacation, today's office perks go above and beyond the typical handful of paid days off. In an effort to lure the best and brightest—and get them to stay there—companies are offering everything from free colleg

Jobs and Education News

Uber’s next bet is Elevate as Travis Kalanick hires veteran NASA engineer to develop flying cars

In 2010, an advanced aircraft engineer at NASA’s Langley Research Center named Mark Moore published a white paper outlining the feasibility of electric aircrafts that could take off and land like helicopters but were smalle

Industry News

Australia’s S&P/ASX 200 Index, World’s best-yielding stock market, is set to get even better

Dividend yield for Australia’s S&P/ASX 200 Index, already a world-beater last year, is projected to widen in 2017 as company profits increase, according to data compiled by Bloomberg.

Markets News

Donald Trump’s tax agenda to benefit one Indian billionaire: Aloke Lohia of Indorama Ventures

Billionaire Aloke Lohia sees the possibility of a major boost for his petrochemical company Indorama Ventures Pcl, courtesy of President Donald Trump’s tax agenda.

Industry News

Mutual Funds fail to keep pace as mid-cap stocks rally to record

Fund managers in India have failed to keep pace with the rally in the country’s medium-sized stocks.

Markets News

Can you believe this? Indian Bank, a century-old state-owned lender, is Asia’s top-performing bank stock

Indian Bank, a century-old state-owned lender based in the country’s south, has emerged as Asia’s top-performing bank stock in the past year, driven by a focus on consumer loans that are less likely to sour than corporate

Banking & Finance News

Apple revives efforts to sell used iPhones in India

Apple Inc. has put back on the table a request to sell used iPhones in India as it negotiates with the government for concessions to start production in the country, a person familiar with the matter said.

Industry News

Apple, Samsung getting pushed around in China by local phone brands Oppo and Huawei

Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple Inc. and Samsung Electronics Co.

Industry News

3 reasons why Goldman Sachs economists are starting to worry about President Trump

A rethink, if not an outright reversal?Just a few weeks ago, Wall Street analysts were busy boosting their economic forecasts on the expectation that President Trump would implement sweeping corporate-tax reform, a rollback o

Markets News

Forget biotech, smartphone apps and oil exploration, this year’s top performing UK stock is a carpet retailer

Forget biotech, smartphone apps and oil exploration -- this year’s top performing U.K. stock hails from an altogether less glamorous background: the humble world of carpet retailing.

Markets News

Donald Trump to be risky for the world? Bet on gold, advises veteran investor

Gold will climb about 6 percent through the end of the year as investors seek a shelter from the rising political risk surrounding President Donald Trump, according to Independent Strategy Ltd.’s David Roche, who has about

gold, ETF, SPDR Gold Shares, Rosland Capital, Donald Trump, Bullion News

Vodafone-Idea merger: For rivals, there’s a silver lining – cheap bandwidth

A merger under discussion between Vodafone Group Plc.’s India unit and Idea Cellular Ltd. would create a new leader in one of the world’s most competitive mobile-phone markets. For rivals, there’s a silver lining: bandw

Industry News

In big demonetisation blow to Narendra Modi government, almost all Rs 500, Rs 1000 notes deposited in banks

Indians have deposited nearly all the currency bills outlawed at the end of the deadline last year, according to people with knowledge of the matter, dealing a blow to PM Modi’s drive to unearth unaccounted wealth and fight

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Battle of the century imperils Tatas as investor loyalty tested

The biggest proxy fight to rock corporate India looms as six listed Tata Group companies prepare to ask investors to pick between Ratan Tata and the man he replaced as chairman of the nation’s largest conglomerate.

Industry News

Stock rally extends into Asia as traders await RBI, Aussie GDP

Analysts forecast the RBI will cut its key interest rate on Wednesday, while the European Central Bank is expected Thursday to extend its bond-buying program beyond the current March end date.

Economy News

Charismatic Jayalalithaa’s death a chance for PM Narendra Modi in industrial South

The death of popular Tamil Nadu Chief Minister Jayaram Jayalalithaa presents a political opening for Prime Minister Narendra Modi in one of India’s most industrialized states.

India News

Decision-day guide: Seeking clarity on PM Narendra Modi’s clampdown on cash

Investors have one big question for India’s central bank at Wednesday’s policy review: will Prime Minister Narendra Modi’s clampdown on cash hurt economic growth and how deep will the pain go?

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Narendra Modi’s Rs 500, Rs 1000 notes ban powers Rs 6 lakh cr into banks, births bond shortage at RBI

RBI seems to have already started draining out excess funds by increasing amounts and tenures of reverse repurchase agreements under its liquidity management operations

Banking & Finance News

Weekend Box Office: ‘Fantastic Beasts’ no. 1 With $75M, makes rivals disappear

Harry Potter creator J.K. Rowling can still cast a magic spell at the box office - although not as big a one sans the Boy Who Lived. Warner Bros.' Harry Potter spin-off Fantastic Beasts and Where to Find Them, from a script b

Entertainment News

US President-elect settles Trump University fraud lawsuits for $25 million

President-elect Donald Trump has reached a reported $25 million settlement with disgruntled former Trump University students - just 10 days before he was set to face a fraud trial in California federal court.

World News

Why US President Donald Trump likely won’t be invited to next year’s Oscars Awards ceremony

Donald Trump's election was a wake-up call for liberal Hollywood - which, of course, is most of Hollywood - and right now throughout the industry, it's mourning in America.

World News

Amazon strikes India streaming deal with T-Series for Bollywood remake of Jon Favreau’s ‘Chef’

Amazon has inked a licensing deal with Bollywood banner T-Series for its upcoming films, which include the Bollywood remake of Jon Favreau's Chef.

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Twitter unveils new features to curb hate speech

Twitter has announced new measures to crack down on the hate speech and online abuse pervading its social media platform.

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With economic box ticked, PM Narendra Modi turns assertive on foreign policy

Prime Minister Narendra Modi has successfully deployed foreign policy as a tool to create global confidence in India’s economy. Now he’s set to bring some risk into that equation.

Economy News

Why Donald Trump’s dreams and a strong Dollar don’t Mix

President-elect Donald Trump has a new constituency to care about: the currency market.

World News

Demonetisation: Cash shortage hits goods movement as ATMs remain dry

The crisis sparked by the shortage of cash in India following Prime Minister Narendra Modi’s anti-graft measure to ban high-value currency bills has hit the movement of goods in Asia’s third-largest economy.

Economy News