With the aim of doubling mining output and cut mineral imports, India expects to woo 1 trillion rupees ($15 billion) of investment over five years. Mines Minister Piyush Goyal said in an interview that including upfront payments for discovered deposits… Read More ›
U.S. airlines have gotten their financial houses in significantly better order after decades of red ink. And some carriers are exploring inexpensive ways to make flying economy class a smidge less arduous even though this new wherewithal certainly won’t mean more legroom or… Read More ›
Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
Dealing another blow to prime minister Shinzo Abe’s attempts to fight deflation and revive the world’s third-biggest economy, the consumer prices in Japan dropped for the fifth month in a row in July. The July figures marks the biggest annual… Read More ›
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
With VW cancelling a contract, its two suppliers CarTrim and ES Automobilguss had to suffer heavy losses running into tens of millions. They are wanting to be compensated for the same. If VW were to allow these losses to be… Read More ›
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
The banking industry’s efforts to slim down are getting complicated by many U.S. customers who are not ready to give up regular visits to their nearest branch despite the banks’ nudging toward online tools. According to Federal Deposit Insurance Corp… Read More ›
Now that the uncertainty around the Brexit vote that dogged the start of the year has disappeared, bankers returning from the beach may be dreaming of a pick-up in dealmaking activity come September. Compared to last year, so far, it’s been… Read More ›
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