Shares in Italy's World Duty Free rise after report KKR eyeing stake

MILAN, Jan 26 - Shares in Italy's World Duty Free rose more than 2 percent on Monday after a press report saying that U.S. private equity fund KKR could be interested in buying a stake in the travel retailer.

BRIEF-Sopra Banking Software and Reiknistofa Bankanna team up for Iceland deal

* Reiknistofa Bankanna in Iceland selects Sopra Banking Software for core banking replacement

1:41pm IST

Fitch: Capital Impairment Risks Low for Indonesia's Major Banks

(The following statement was released by the rating agency) JAKARTA/SINGAPORE, January 26 (Fitch) The Indonesian government's plan to inject IDR9trn (USD715m) in capital for the country's largest lender, Bank Mandiri, underscores the strong capitalisation in the banking sector, says Fitch Ratings. Indonesian banks' moderate risk profiles are backed by comfortable loss-absorption cushions, and they are well positioned to withstand a reasonably high degree of asset quality stress - owing to h

1:38pm IST

European shares fall at open after Greek election

PARIS, Jan 26 - European stocks fell at the open on Monday, trimming some of last week's sharp gains on heightened concerns the Greek election results could lead to renewed instability in Europe.

METALS-Copper slumps to 5-1/2-year low on strong dollar, technical selling

* Euro hits 11-year low as Greek leftists on course to form govt

1:38pm IST
BSE OIL & GAS +0.23%
BSE-IT +0.33%
BSE AUTO +1.51%
BSE POWER +1.17%
BSE-FMCG +0.31%
BSE-CG +1.32%
BSE-HC +0.45%


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Rain on India's parade, but Obama visit keeps spirits high

NEW DELHI - U.S. President Barack Obama watched a dazzling parade of India's military might and cultural diversity on Monday, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world's two largest democracies.