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In boost to Paris climate pact, PM Modi says will ratify it on October 2
25 Sep 2016 at 7:20am
NEW DELHI (Reuters) - India, the world's third-largest emitter of greenhouse gases, will formally join the Paris agreement on climate change on October 2, Prime Minister Narendra Modi said on Sunday.
India signs deal for 36 French Rafale fighter jets to counter China, Pakistan...
24 Sep 2016 at 8:51am
NEW DELHI (Reuters) - India signed a deal to buy 36 Rafale fighter jets from France on Friday for around $8.7 billion, the country's first major acquisition of combat planes in two decades and a boost for Prime Minister Narendra Modi's plan to rebuild an ageing fleet.
INSIGHT - European firms offer Britain scant support in divorce talks
25 Sep 2016 at 2:15am
LONDON (Reuters) - More than 20 European business associations and companies interviewed by Reuters say they back their governments' position that Britain's banking sector can only enjoy EU market access post-Brexit if the country still follows the bloc's rules.
Former employees file class action against Wells Fargo
24 Sep 2016 at 8:16pm
REUTERS - Two former Wells Fargo & Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired.
Tencent to donate 2 percent of profit as Chinese online charity grows
25 Sep 2016 at 2:39am
HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile internet in China's philanthropy sector.
China's Dalian Wanda opens $5.1 billion tourism park
24 Sep 2016 at 3:19am
SHANGHAI (Reuters) - Dalian Wanda Group, the Chinese entertainment giant owned by the country's richest man, opened the first phase of a sprawling 34 billion yuan ($5.1 billion) tourism park in the eastern city of Hefei on Saturday.
EXCLUSIVE - Goldman axing nearly 30 percent of Asia investment banking jobs -...
23 Sep 2016 at 7:51pm
LONDON (Reuters) - Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.
India sets enforcement rules for GST, to decide rate next month
23 Sep 2016 at 5:57am
NEW DELHI (Reuters) - Union and state officials have resolved key issues on enforcing a planned sales tax, Finance Minister Arun Jaitley said on Friday, and will meet next month to decide the main tax rate and those for different sectors.
Fed's internal split tied to duelling views on jobs outlook
23 Sep 2016 at 1:02pm
SAN FRANCISCO (Reuters) - The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labour market outlook, comments from policymakers on Friday suggest.
U.S. moves toward finalising duties on certain Indian steel pipe
23 Sep 2016 at 12:44pm
WASHINGTON (Reuters) - The U.S. Commerce Department on Friday said India was dumping welded stainless pressure pipe in the United States at below market value and unfairly subsidizing the products.