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Poland asks EU to act on Russia's blocking transit of goods

WARSAW, Aug 27 - Poland has asked for European Commission help to keep Russia from blocking Polish shipments of goods through Russian territory, the Polish infrastructure and transport ministry said on Wednesday.

9:38pm IST

UPDATE 2-Cameco to shut world's largest uranium mine in labor dispute

(Rewrites throughout with analysts' views, adds comment from company and the union)

9:32pm IST

UPDATE 3-Alibaba revenue soars ahead of IPO

Aug 27 - China's Alibaba Group Holding Ltd , which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market shows no signs of slowing.

IPOs, Regulatory News 9:24pm IST

BUZZ-Alibaba Group Holding Ltd: Revenue up ahead of IPO

** Chinese e-commerce giant's quarterly revenue jumps 46.3 pct to $2.54 billion, helped by a rise in domestic sales

9:00pm IST

UPDATE 1-Education Management restructuring to lower debt by $1.1 bln

Aug 27 - Education Management Corp said it had agreed on a restructuring that would reduce its debt by about $1.1 billion and would seek a waiver of all financial covenants through June.

8:44pm IST
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Modi to launch plan for every Indian household to have bank account

NEW DELHI - Prime Minister Narendra Modi will promise on Thursday to provide a bank account for every Indian household when he launches a major initiative that could save billions of dollars in welfare spending and help mend strained state finances.