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France, India to launch global solar alliance
29 Nov 2015 at 9:08am
PARIS (Reuters) - French President Francois Hollande and India's Prime Minister Narendra Modi will on Monday launch an international solar alliance aimed at eventually bringing clean and affordable solar energy within the reach of all.
SpiceJet to choose between Airbus and Boeing for plane order
29 Nov 2015 at 9:05am
DUBAI (Reuters) - SpiceJet is in talks with Boeing and Airbus to buy more than 150 planes, the airline?s chairman said on Sunday, predicting he would decide which manufacturer to place the order with by the end of March 2016.
Roche pulls out of "superbug" antibiotic project
29 Nov 2015 at 8:11am
VIENNA (Reuters) - Swiss drugmaker Roche Holding has dropped out of a high-profile project to develop an antibiotic for treating "superbug" infections, the company said on Sunday.
Volkswagen knew fuel usage in some cars was too high a year ago - Bild am Son...
29 Nov 2015 at 7:07am
FRANKFURT (Reuters) - Volkswagen's top executives knew a year ago that some of the company's cars were markedly less fuel efficient than had been officially stated, Sunday paper Bild am Sonntag reported, without specifying its sources.
Better in or out? England's former fishing hub faces EU dilemma
29 Nov 2015 at 3:24am
GRIMSBY, England (Reuters) - The European Union is not an abstract concept in Grimsby, an English port where many blame EU fishing quotas for destroying livelihoods, but views on whether Britain should quit the club are more nuanced than the decaying fish docks suggest.
Emerging market funds seek escape from traditional indexes
29 Nov 2015 at 2:19am
LONDON (Reuters) - Emerging market fund managers are seeking to escape from the straitjacket of traditional benchmark indexes in favour of a more flexible approach to capture the diverging performances of different countries and sectors.
Africa to focus on China debt at Jo'burg summit as commodities slump
29 Nov 2015 at 1:45am
JOHANNESBURG (Reuters) - Some African countries may seek to renegotiate repayment of existing debts to China as a way of helping their economies hit by lower crude and commodity prices, but will not turn down offers of new loans by the Asian giant at a summit this week.
China's COMAC delivers first ARJ21 jet plane to domestic airline
29 Nov 2015 at 1:38am
BEIJING (Reuters) - State planemaker Commercial Aircraft Corp of China (COMAC) said on Sunday it has delivered the first ARJ21 jet to domestic low-cost carrier Chengdu Airlines, calling it a big breakthrough in China's efforts to develop its domestic jet plane design and manufacturing capabilities.
U.S. store sales down slightly for Thanksgiving and Black Friday
28 Nov 2015 at 8:18pm
CHICAGO (Reuters) - Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moved to the web.
Beijing aims to refill medicine chest with "Made in China" drugs
28 Nov 2015 at 6:48pm
SHANGHAI (Reuters) - China, already a global powerhouse in high-tech areas from solar panels to bullet trains, is turning its industrial might to the challenge of making more of its own drugs for a vast and ageing population.
Indian drugmaker Biocon's revenue could hit $1 bln in 4 years - MD
28 Nov 2015 at 7:58am
ABU DHABI (Reuters) - India's biggest biotech firm Biocon Ltd expects revenue to double to $1 billion in four years as it expands in Europe and the United States with new products, its chairperson and managing director said on Saturday.
Varanasi villagers blame Coca-Cola for water scarcity
27 Nov 2015 at 6:29pm
NEW DELHI (Thomson Reuters Foundation) - Eighteen village councils in Uttar Pradesh are demanding a local Coca-Cola bottling plant be prohibited from extracting water from the ground, claiming its over usage has led to water scarcity in the area, said an environmental campaign group.
Wall Street ends flat; Disney, retailers dip on sales worries
27 Nov 2015 at 3:28pm
(Reuters) - U.S. stock indexes ended little changed in light trading on Friday, with consumer stocks falling as investors fretted over early reports on the U.S. holiday shopping season and Disney's subscriber losses weighed on the market.
Murdoch - Tribune papers likely to be sold, LA Times split off
27 Nov 2015 at 2:59pm
(Reuters) - Rupert Murdoch, co-chairman of Wall Street Journal publisher News Corp , on Friday said he had "strong word" that the Tribune Publishing Co's newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad.
Oil down in light volume; cautious week expected before OPEC
27 Nov 2015 at 12:06pm
NEW YORK (Reuters) - Oil settled lower in light post-holiday volume in New York on Friday as the dollar's rally to an eight-month high and a tumble in Chinese equities added pressure to oversupplied crude futures.