Business
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Tata group sues former chief for breach of confidentiality
Dec 28, 2016News Hour: Indian salt-to-steel conglomerate Tata upped the ante in their bitter dispute with ousted former chairman Cyrus Mistry on Tuesday, saying they were suing him for breach of confidentiality. Tata Sons, the holding company of... -
Toshiba flags hit of ‘billions of dollars’ on U.S. nuclear acquisition
Dec 27, 2016News Hour: Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about... -
UK Boxing Day online sales up 11.5 percent, footfall down 6 percent
Dec 26, 2016News Hour: The number of Britons who hit the shops on Boxing Day morning, a traditional shopping day, fell 6 percent versus the same period last year, while online transactions rose 11.5 percent year-on-year, retail data... -
Britain staying in EU single market makes no sense, Ex-BoE chief says
Dec 26, 2016Britain should decide its own immigration policy and stop pretending Brexit is compatible with staying in the European Union’s single market, a former governor of the Bank of England said on Monday. Mervyn King, who steered... -
French jobless total falls for the third consecutive month in November
Dec 26, 2016News Hour: France’s jobless total fell for the third consecutive month in November to a near four-year low, Labour Ministry data showed on Monday. The ministry said the number of people registered as unemployed in mainland... -
Shrimp sector stakeholders in Bangladesh discuss about importance of product certification
Dec 26, 2016News Hour: Bangladesh Shrimp and Fish Foundation (BSFF) and Solidaridad Network Asia today organized a day long workshop in Dhaka on Voluntary Certification for positioning Galda and Bagda as the Premium Brands in the International Market.... -
Iran negotiated to pay only about half the announced price for 80 new Boeing airliners
Dec 25, 2016News Hour: Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing... -
Snapchat to acquire Cimagine
Dec 25, 2016News Hour: Messaging app Snapchat is buying Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, marking Snapchat’s first acquisition in Israel, the Calcalist financial daily reported on Sunday. Cimagine developed True Marketless Augmented... -
Iran allows free foreign exchange at banks in move to unify rates
Dec 24, 2016News Hour: Iran authorized some banks on Saturday to deal in foreign exchange trading at a free-market rate, the central bank said, as authorities try to unify exchange rates. Iran operates two exchange rates, a free... -
India’s Jaitley faces hurdles for biggest tax reform launch
Dec 24, 2016News Hour: The prospects of introducing a goods and services tax (GST) in India next April, its biggest tax reform, faded on Friday after federal and state finance officials postponed talks on how to administer the...
