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SBI to initiate IPO offer of its life insurance arm

Mumbai: India’s largest lender, the State Bank of India on Friday said it would initiate the process for selling 10…

Euro zone growth ‘surges’ to 6-year high: Survey

Author: AFPSat, 2017-03-25ID: 1490391321515201900BRUSSELS: The euro zone economy grew at its fastest pace in six years in March, as all signs pointed…

Tunisia drafting bill to spur investment

Author: ReutersSat, 2017-03-25ID: 1490391321495201600TUNIS: Tunisia is drafting an “economic emergency” bill that will allow the government to bypass bureaucratic hurdles and speed…

Samsung backs away from planned split

Author: AFPSat, 2017-03-25ID: 1490387275964788200SEOUL: The world’s biggest smartphone maker, Samsung, assailed by a shambolic recall and embroiled in South Korea’s wide-ranging corruption…

No reason to withdraw stimulus now: BoJ chief

Author: ReutersSat, 2017-03-25ID: 1490387275964787900TOKYO: Bank of Japan (BoJ) Gov. Haruhiko Kuroda said there is “no reason” to raise the bank’s bond yield…

China stocks rise as infrastructure spree offsets liquidity fears

Author: ReutersSat, 2017-03-25ID: 1490387275934787600SHANGHAI/BEIJING: China stocks rose on Friday as strong gains in the infrastructure sector offset concerns over tightening liquidity in…

Brexit risks, BoE pull sterling off highs

Author: ReutersSat, 2017-03-25ID: 1490387288084793700LONDON: Sterling fell against the dollar and euro on Friday, retreating from the previous session’s one-month highs, as investors…

US urged to slap duties on biodiesel from Argentina, Indonesia

Author: ReutersSat, 2017-03-25ID: 1490387288044793100WASHINGTON: US biodiesel producers on Thursday asked the government to impose antidumping duties on imports of biodiesel from Argentina…

Google ad boycott could aim ire at ad-serving software

Author: Agence France PresseFri, 2017-03-24ID: 1490334241739489400 SAN FRANCISCO: Google’s money-making foundation is strong enough to endure a current boycott by advertisers, but…

Amazon to buy online retailer Souq.com

Author: ReutersFri, 2017-03-24ID: 1490295210253431700DUBAI: Amazon.com Inc. has agreed in principle to buy Dubai-based Internet retailer Souq.com, one of the best-known names in…
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