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Madagascar opposition calls on president to resign in election law dispute

ANTANANARIVO, April 26 Madagascar's opposition called on Thursday for the president and prime minister to resign and said it would no longer negotiate in a deepening dispute over new election laws.

10:57pm IST

UPDATE 2-Canada's Freeland extends Washington stay as NAFTA talks heat up

WASHINGTON, April 26 As pressure mounts for a quick deal to update the North American Free Trade Agreement, Canadian Foreign Minister Chrystia Freeland on Thursday decided to stay in Washington longer than expected for extra talks.

10:37pm IST

UPDATE 2-Bayer sells more assets, bringing Monsanto deal closer

* Merger would create largest seeds, pesticides group (Adds Bayer selling more crop science assets to BASF)

10:01pm IST

UPDATE 1-Shell's cash flow disappointment weighs on Britain's FTSE

LONDON, April 26 Britain's FTSE underperformed most European peers on Wednesday, failing to join a global bounce as a missed cash flow forecast from Royal Dutch Shell disappointed investors and weighed heavily on the blue chip index .

9:44pm IST

UPDATE 2-Cemex quarterly profit dives 92 percent, shares slide

April 26 Mexican cement maker Cemex on Thursday posted a 92.3 percent drop in quarterly profit, and its shares tumbled more than 3 percent in morning trading, but company executives said construction of a new Mexico City airport should boost cement volumes this year.

9:43pm IST
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Axis Bank dragged to first quarterly loss by bad loans

MUMBAI India's Axis Bank Ltd reported its first ever quarterly loss on Thursday after a surge in bad loans, capping a troubled year for the country's third-biggest private sector lender by assets.