OSLO, May 27 - Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday.
LIMA, May 27 - A 17-year-old boy and a 21-year-old man working in an illegal gold mine in northern Peru near Tahoe Resources Inc Shahuindo project died after inhaling noxious fumes 500 feet underground, a public prosecutor said on Wednesday.
BRUSSELS, May 27 - German drugmaker Merck has offered concessions in a bid to convince European Union antitrust regulators to clear its proposed $17 billion acquisition of U.S. peer Sigma-Aldrich Corp.
SHANGHAI, May 27 - China's banking regulator has given a green light to MYbank, the online bank affiliated with Chinese e-commerce giant Alibaba Group Holding Ltd, to start operating.
SHANGHAI, May 27 - China's banking regulator has granted permission to operate to MYbank, the online bank affiliated with Chinese e-commerce giant Alibaba Group Holding Ltd.
REUTERS - The Reserve Bank of India is likely to cut its benchmark interest rate by 25 basis points to 7.25 percent when it meets early next week and make a similar move before December, according to the results of a Reuters poll.