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Facebook’s Libra currency ‘could undermine ECB’: official

Widespread adoption of Facebook's proposed "Libra" cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself,...
Business

Tata Steel to shut UK operations employing 400 staff

Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian giant announced Monday, as it restructures...
Business

India has an opportunity to benefit from a global economic situation

President of US-India Business Council (USIBC) Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest...
Business

India manufacturing growth at 15-month low in August: PMI

Days after India's GDP growth hit a six-year low of 5 per cent in the first quarter of the current financial year, the expansion...
Business

India to overtake China as largest importer of coking coal: Fitch

India will overtake China as the largest importer of coking coal by 2025, Fitch Solutions Macro Research said on Friday. "We forecast India's coking...
Business

For second time, Spicejet’s London dreams go sour

Ajay Singh-promoted Spicejet's plans to connect London from the winter have been grounded following its failure to secure slots at the Heathrow, the busiest...
International Business

China’s Fosun set to save Thomas Cook as key terms agreed

British travel operator Thomas Cook Group said on Wednesday it had agreed the main terms of a rescue package that will see China's Fosun...
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