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HSBC set for $22 billion profit as Asia lines the clouds

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HSBC Holdings is expected to report the West's biggest banking profit for last year, fuelled by the East, while its rivals are struggling with faltering European and U.S. growth.

Europe's biggest ban

Kingfisher in talks to rescue carrier: Mallya

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Kingfisher Airlines is talking with two foreign carriers about a potential rescue package that could be announced within days, Kingfisher's chairman, Vijay Mallya, said in an interview with the Times

Nine killed in Afghan airport bomb, NATO base attacked

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A suicide car bomber killed at least nine people in an attack on a military airport in eastern Afghanistan on Monday, officials said, the latest incident of violence and protests since copies of the K

Essar Energy posts earnings drop, misses forecasts

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India-focused refiner and power generator Essar Energy said core earnings fell 10 per cent in 2011, falling short of analyst forecasts due to weaker refining margins and depreciation of the rupee in t

Pakistani held in Bangladesh over spot-fixing

A Pakistani has been questioned by police over his suspected involvement in spot-fixing during the Bangladesh Premier League (BPL) Twenty20 tournament, a Bangladesh Cricket Board (BCB) official said o

Iran may be ‘struggling’ with new nuclear machines

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Iran is still relying on old technology to expand its nuclear program, in what may be a sign it is having difficulties developing modern machines that could speed up production of potential bomb mater

Berkshire identifies Buffett successor; Indian-origin most guessed

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Warren Buffett told investors on Saturday the Berkshire Hathaway board has identified his successor, easing some shareholder concern about the future of the company once the famed 81-year-old investor

G20 inches toward $2 trillion in rescue funds

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Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fal

Kingfisher's nosedive poses dilemma for government

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As Kingfisher Airlines careens toward collapse, the central government finds itself between a rock and a hard place.

The government, already weakened by a string of corruption scandals over the past

American officers killed in Afghan Interior Ministry

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Two American officers were shot dead at close range in Afghanistan's Interior Ministry on Saturday, a U.S. official said, as rage gripped the country for a fifth day over the burning of the Muslim hol

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.