Finance & Economics

On visit to West Africa, Security Council praises Liberia’s progress

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US Ambassador Susan Rice and other Security Council members are greeted by UNMIL's Moustapha Soumaré upon arrival in...

China's Alibaba Group buys back 20 pc stake from Yahoo

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China's largest e-commerce provider Alibaba Group Holding has agreed to repurchase a 20 per cent stake held in the...

British bank Barclays to exit US asset management firm BlackRock

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BlackRock, a major US asset management company, has agreed to repurchase the entire $6.1 billion worth of its stock...

Largest US theater chain takeover by Chinese firm for $2.6 billion

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Dalian Wanda Group of China Monday said it has agreed to acquire AMC Entertainment, the second largest theater chain...

Gulf lease auction coming in June

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Around seven thousand oil and natural gas blocks will be put up for auction by the US government in June.

CME backs down on extended commodity hours

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The world's largest futures exchange, CME of the US, has decided not to expand its grain trading times.

New pipeline expected in India from Turkmenistan

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A natural gas pipeline planned from Turkmenistan to India is expected to receive favourable consideration from India'...

US solar dumping case antagonises China

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A US anti-dumping case which has come down against China has created tensions between the two countries.

EBRD shareholders approve fund to start investment in emerging Arab democracies

The shareholders of European Bank for Reconstruction and Development (EBRD) agreed on Saturday to the creation of a €1 billion special fund to start investments in emerging Arab democracies in response to the wave of political change in parts of the...

Union serves week long strike notice to BHP Billiton

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