Volvo Cars says begins XC60 production in China

Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.


Kuroda sprang easing surprise to head off damaging inflation forecast

The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making a low-ball forecast that might have sunk his flagship inflation target.

India's finance minister vows to push land purchase reform

India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.

BlackBerry CEO sees fewer new devices, focus on profitability

BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.


Latest News

One of the most powerful men in the Olympic movement has urged the United States to push ahead with its plans to bid for the 2024 Summer Olympics, saying it is the "right time".
U.S. fast food chain Burger King Worldwide (BKW.N) will open about 12 outlets in India over the next 60-90 days, Rajeev Varman, chief executive of the hamburger chain's India unit said on Saturday.
A solar eclipse in March next year will be an unprecedented test of European electricity grids because of the massive increase in solar power production on the continent, French power grid RTE said on Friday.
Australia said on Saturday it was pleased with progress on a long-planned free trade agreement with China and that it would be happy to conclude it by next week when Chinese President Xi Jinping visits.
European Central Bank Executive Board member Benoit Coeure on Friday raised doubts about whether a weaker euro would be the way to ignite growth in the euro zone.
Irish rocker Bono has defended Spotify from criticism it pays too little to people who create music, saying digital music streaming services are opening up new ways for musicians to reach their public.
French Impressionist painter Edouard Manet's "Le Printemps," which set a world record price for the artist when it sold at auction for $65.1 million at Christie's on Wednesday evening, will be going to the J. Paul Getty Museum in Los Angeles.
China's Momo Inc, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering of its American Depositary Shares (ADS).
Lyft board members had discussed replacing current Chief Executive Officer Logan Green, who was not aware of those talks, according to Lyft's former chief operating officer in a court filing obtained by Reuters on Friday.
Indonesian businessman Samin Tan is in talks to sell assets including all or part of his stake in Asia Resource Minerals (ARMS) to help repay Standard Chartered and Raiffeisen close to $1 billion.
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