Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country's public debt and clear the

Former International Monetary Fund chief Dominique Strauss-Kahn was bundled into the back of a police car to escape protesters after a speaking engagement at Britain's Cambridge University on Friday t

Citigroup chief executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million in 2011, compared with a salary of $1 and no bonus in 2010, according to

The rupee strengthened on Friday, helped by gains in local shares and hopes an improvement in global risk sentiment would bolster capital inflows.

Traders said signs that debt-laden Greece has moved

The administration of ousted Libyan leader Muammar Gaddafi was running a covert programme to conceal weapons in Libyan embassies across the globe, a senior official in the new government said on Thurs

Indian imports continued to outpace exports in February as demand remained weak in major exports markets like the United States and Europe, nudging the government to revise up the full-year trade defi

Rafael Nadal has lost his last seven matches against world number one Novak Djokovic but the Spaniard denies that he has a burning obsession to beat the Serb.

The pair last met in January's Australia

India's industrial output probably edged higher in January but remained subdued as an increase in production of consumer goods was offset by declines in the capital goods and mining sectors, a Reuters

China's annual rate of consumer inflation slowed sharply to a 20-month low of 3.2 per cent in February, comfortably within Beijing's 2012 target of 4 per cent, giving policymakers room to further loos

U.S. authorities are looking into allegations that some Afghan Air Force (AAF) officials have been using aircraft to transport narcotics and illegal weapons across the country, a U.S. official said on