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India deal key for EU, says new envoy Herve Delphin

MAKING the EU-India strategic partnership “a defining force for the world” will be a key focus for Herve Delphin, the newly-appointed envoy of the...

IMF wants strong budget measures from Sri Lanka

THE International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the...

Pret A Manger forms JV with Shane Thakrar’s Dallas International

BRITISH restaurant chain Pret A Manger has struck a deal with its existing franchisee, Dallas International, owned by a British Asian entrepreneur, as it...

AI to hit white-collar jobs more, says IBM chief

ARTIFICIAL INTELLIGENCE (AI) is going to affect white-collar jobs more than blue-collar ones, the chief of IBM has said. Arvind Krishna, however, added that white-collar...

Drop in number of minority directors in leading companies: Survey

THE number of ethnic minority and women members on the boards of top UK companies has seen a significant decline, according to a recent...

Barclays profit hit by costs, impairments

BARCLAYS on Tuesday (24) unveiled a 16-per cent drop in net profit for the third quarter on souring loans and rising costs, and flagged...

Barclays veteran Ashok Vaswani set to head Kotak Mahindra Bank

FORMER Barclays UK CEO Ashok Vaswani is set to take over the reins of India’s Kotak Mahindra Bank. The Indian banking regulator has cleared his...
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