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Xi sees factory China and back office India as global engine

AHMEDABAD India - The "world's factory" and the "world's back office" could together drive global economic growth, Chinese President Xi Jinping said as he began a rare visit to India on Wednesday, playing down mistrust that has long kept the Asian giants apart.

Recent Business News

Dollar soars to six-year peak on yen after Fed, Tokyo stocks cheer

SYDNEY/TOKYO - Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

Japan 8:56am IST

Tiger Global leads $60 million investment in Quikr

MUMBAI - Indian online classifieds portal Quikr has secured $60 million from backers led by U.S. investor Tiger Global Management LLC to boost product development and expand its mobile business, the company said on Wednesday.

Tech, 17 Sep 2014

Market calm over Scottish vote at odds with disaster warnings

LONDON - The big question about investor anxiety over Scotland's independence referendum is not whether it's warranted, but why it took so long to materialise and why it's still so marginal.

1:10am IST

Gucci, Tiffany dealt blow in fake goods case against China banks

NEW YORK - Luxury goods retailers Gucci and Tiffany failed to persuade a U.S. appeals court to require major Chinese banks to freeze the assets of alleged counterfeiters in a pair of cases that have drawn the attention of U.S. and Chinese regulators.

1:50am IST

IndiGo agrees $2.6 billion aircraft finance deal with China's ICBC

NEW DELHI - Budget airline IndiGo has signed a $2.6 billion deal with Industrial and Commercial Bank of China Ltd (ICBC) for the lender to finance more than 30 new aircraft, the carrier said in a statement on Wednesday.

17 Sep 2014

REUTERS SHOWCASE

Eyeing Stocks

Eyeing Stocks

Interview - EPFO chief urges green light to buy stocks  Full Article 

Stimulus Reports

Stimulus Reports

China cenbank injects $81 bln into major banks to support economy - reports  Full Article 

Ranbaxy Investigation

Ranbaxy Investigation

Ranbaxy says U.S. authorities seek information on pricing data.  Full Article 

Monsoon Update

Monsoon Update

Delayed retreat of monsoon rains to start this weekend  Full Article 

Financing Deal

Financing Deal

IndiGo agrees $2.6 billion aircraft finance deal with China's ICBC  Full Article 

Fed Policy Meeting

Fed Policy Meeting

Fed could hint on rate-hike plans as it prepares for policy turn  Full Article 

Grim Outlook

Grim Outlook

Sony deepens loss estimate on struggling smartphone business  Full Article 

Sugar Surplus

Sugar Surplus

India to produce surplus sugar for fifth straight year - industry body  Full Article 

Business Sentiment

Business Sentiment

China, Singapore slowdown weigh on Q3 Asia business sentiment   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

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