REPRESENTATIVE IMAGE: Videocon plans $2.5 billion Brazil oil and gas investments

Videocon plans $2.5 billion Brazil oil, gas investments

Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business.  Full Article 

India's push to save its cows starves Bangladesh of beef 03 Jul 2015

Ghojadanga, India/Dhaka - Some 30,000 Indian soldiers guarding the border with Bangladesh have a new mandate under Prime Minister Narendra Modi's government this year - stop cattle from crossing illegally into the Muslim-majority neighbour.

A 'Yes' supporter smiles as she arrives for the pro-Euro rally at the Panathenean stadium in Athens, Greece, July 3, 2015. REUTERS/Marko Djurica
Greece Debt Crisis

Europeans tried to block IMF debt report

Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.  Full Article 

A woman farmer walks with her cattle against the backdrop of monsoon clouds on the outskirts of Agartala, capital of ITripura July 12, 2014. REUTERS/Jayanta Dey/Files

Surplus monsoon rains accelerate crop sowing

Ample monsoon rainfall in the month of June accelerated planting of main crops such as rice and cotton, government data showed on Friday, though the current dry spell could slow down the pace of sowing in coming weeks. Weather officials forecast monsoon rains would remain subdued in large parts of the country in the first half of the month of July.  Full Article | Full Coverage 

Gold bracelets are on display as a woman (L) makes choices at a jewellery showroom in Kolkata April 21, 2015. REUTERS/Rupak De Chowdhuri/Files
Gold Imports

India Gold prices at discounts on weak demand

Gold prices in major consumer India were quoted at deep discounts to the global benchmark this week on tepid demand and adequate levels of inventory, dealers said. Prices were quoted at a discount of $8 to $15 an ounce over London prices, much wider than the $1 discount in mid-June, they said.  Full Article 

Cricket - Essex v Australia - The Essex County Ground, Chelmsford - 2/7/15Australia's Michael ClarkeAction Images via Reuters / Peter CziborraLivepic
The Ashes

Clarke still fired by hunger for Ashes success

Michael Clarke could not have looked less like the "pup" of his nickname as he prepared to depart Australian shores for his seventh and final Ashes series.  Read | Smith primed to seize Ashes moment 

Turkey's President Tayyip Erdogan greets parliamentarians as he arrives at the Turkish parliament to watch a swearing-in ceremony in Ankara, Turkey, June 23, 2015 REUTERS/Umit Bektas

Erdogan moots possibility of snap election

Turkish President Tayyip Erdogan on Friday raised the prospect of a snap election if coalition talks fail after his ruling AK Party fell short of a majority in a June 7 parliamentary poll.  Full Article 

Serena Williams of the U.S.A. hits the ball during her match against Heather Watson of Britain at the Wimbledon Tennis Championships in London, July 3, 2015. REUTERS/Stefan Wermuth
Wimbledon

It's far from elementary for Serena Williams

There was no roar up to the skies, there was no whoop of delight and there was not even a smile on show -- the pained expression on Serena Williams' face said it all.  Full Article | Main Story 

Latest Headlines

DISINVESTMENT

Una Galani

Ousted CEO shows risks of SoftBank startup splurge

Failure is an unpleasant fact for most startups. One in three new companies lose most of the capital that investors have put into them. Housing.com may benefit from CEO Rahul Yadav’s removal. But it will be harder for the company to succeed now that it has been forced to cut all ties to its founder. The fallout raises the question of how many of SoftBank’s similar investments will deliver a positive return.  Opinion 

Why the people crossing the Mediterranean aren’t ‘migrants’

Why the people crossing the Mediterranean aren’t ‘migrants’

In 2015, majority of arrivals in Europe have so far come from four countries: Syria, Eritrea, Afghanistan, and Somalia. These are all countries at war or with repressive dictatorships (Eritrea), so most of their citizens should be given refugee status in the EU, according to EU rules.  Commentary 

Matthew Gault

Failure of new U.S. weapons systems may be more than science fiction

A war between China and America is a favorite subject of armchair military analysts. Why would it happen? How would it play out? Authors have written thousands of pages online and off trying to answer these questions. That’s why Ghost Fleet, a new novel by national-security analysts August Cole and P.W. Singer, is fascinating.   Commentary 

Hugo Dixon

Tsipras looks like he is crumbling

It looks like Alexis Tsipras is crumbling. After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.  Commentary 

FOLLOW US