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France's Hollande holds ground on contested labour reform bill

PARIS, May 31 President Francois Hollande said there was no turning back on a bill to loosen France's rigid labour regulations and that the principles behind the most contentious proposal handing firms more scope to negotiate working conditions must remain in place.

3:30am IST

UPDATE 2-Brazil's Temer pressed to drop anti-corruption minister

BRASILIA, May 30 Brazil's interim President Michel Temer is facing pressure to drop his anti-corruption minister, the second top official in his administration accused of trying to derail a sprawling bribery and kickback probe before taking office.

2:53am IST

CANADA STOCKS-TSX dips as energy stocks retreat ahead of OPEC meeting

TORONTO, May 30 Canada's main stock index edged lower on Monday as energy stocks retreated ahead of a meeting of oil producers later in the week, while mining stocks and financials also fell in a low-volume session with U.S. markets closed for Memorial Day.

1:55am IST

Nigeria's Buhari to visit Niger Delta for first time this week

ABUJA, May 30 Nigeria's President Muhammadu Buhari will on Thursday visit the Niger Delta region, rocked by attacks on oil and gas facilities, for the first time since taking office a year ago, a government official said on Monday.

1:48am IST

UPDATE 3-Libyan oil guard says captures coastal town from Islamic State after clashes

* West hopes unity government can resolve political crisis (Updates number of dead and wounded, adds description of PFG)

1:20am IST
BSE OIL & GAS -0.40%
BSE BANKEX +0.13%
BSE METALS +2.28%
BSE REALTY -1.02%
BSE AUTO +1.11%
BSE POWER +0.38%
BSE-CG +0.29%

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Missiles, copters, subs - Anil Ambani's ambitious defence plan

NEW DELHI/MUMBAI Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more.