Reuters

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5th Avenue-like Apple Stores coming to India

iPhone optimism blasts Apple stock to 2016 high

After sinking to a two-year low in July, shares of the world's most valuable listed company have since rebounded 25 percent.

Sep 15, 2016

Bayer agrees to buy Monsanto in $66 billion deal: Report

If the deal goes through, German firm Bayer may command more than a quarter of the combined world market for seeds and pesticides.

Sep 14, 2016

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India expected to post first current account surplus in nine years

For the full year ending in March 2017, India is likely to post a deficit even lower than last year's 1.1 per cent of GDP.

Sep 14, 2016

India says holds "substantive" nuclear talks with China

The talks covered issues of mutual interest in the areas of disarmament and non-proliferation, and focused on India's bid to join the NSG.

Sep 13, 2016

Tata Steel reports $477 million Q1 loss on Europe plant sale

Tata Steel has been hit hard in Europe due to a fall in steel demand, excess capacity and rising imports from China.

Sep 13, 2016

Oil prices fall as US drillers add new rigs, speculators cut long positions

Traders say the price falls on Monday and Friday were a result of increasing oil drilling activity in the United States.

Sep 12, 2016

China, Russia naval drill in South China Sea to begin on Monday

The two countries will carry out defense, rescue and anti-submarine operations.

Sep 11, 2016

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MasterCard sued for $19 billion in Britain's biggest damages claim

The payments company allegedly charged unlawfully high fees to stores when shoppers swiped their debit or credit cards.

Sep 9, 2016

North Korea suspected to have conducted fifth nuclear test

U.S., European and Chinese seismological agencies report that the tremor was recorded at 0030 GMT at surface level.

Sep 9, 2016

Oil edges up, gains limited amid scepticism over freeze deal

Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market.

Sep 7, 2016

Asian shares advance, Australia slips as RBA rate decision awaited

European stocks touched an eight-month high on Monday, then reversed as trading wound down in the absence of US markets.

Sep 6, 2016

Saudi Arabia and Russia sign oil pact, could limit output in future

The announcement resulted in a spurt in oil prices as hopes emerged the two top producers would work to stem a global glut.

Sep 5, 2016

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Services sector growth hits record high in August

After manufacturing activity growth, services sector grows to a 3.5 year-high, reveals PMI data for August.

Sep 5, 2016

Rising oil import costs may become Asia's growing pain

Asia's net oil imports are set to rise after producers slashed spending on exploration and production on low oil prices, leaving oilfields at risk of sharp production declines in the next decade.

Sep 4, 2016

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Ranking of India's bank governor should be raised: Raghuram Rajan

Rajan said the ranking of the RBI governor, currently at cabinet secretary level, needed to be commensurate with the role.

Sep 3, 2016

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

A weaker dollar makes greenback-denominated commodities, including oil, cheaper for holders of other currencies.

Sep 1, 2016

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Gold above two-month lows as dollar slip; U.S. jobs data in focus

Gold edged up from two-month lows hit in the previous session, as the dollar edged lower and investors waited for signs on the timing of a Federal Reserve rate hike.

Aug 31, 2016

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RBI focused on bringing inflation down to 4%, says governor Raghuram Rajan

Rajan also warned that "room to cut policy rates can emerge only if inflation is projected to fall further."

Aug 30, 2016

Oil prices rise as dollar comes off two-week high

A weaker dollar makes oil purchases cheaper for buyers using other currencies, potentially spurring demand.