Global airlines called on Sunday for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union over jet pollution spilling into a trade war.

China's decision

Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No. 2 mobile operator's tower business to pare its heav

Two major Gulf Arab carriers said they have no interest in taking a stake in struggling Indian carrier Kingfisher Airlines, which is grappling with a pile of debt and on the hunt for fresh equity.

Ab

The euro and shares pulled back on Friday as investors kept a cautious view over Greece's debt restructuring prospect, after Athens struck a long-awaited deal on fiscal reforms, paving the way for sec

Tata Steel, the world's No.7 steelmaker, posted an unexpected quarterly loss, its first in more than two years, as higher raw material costs and weak demand in Europe hurt margins.

The company, which

Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 mill

The ousted president of the Maldives was walking free on Friday despite an arrest warrant against him as diplomats including a UN envoy worked to forestall renewed violence in the Indian Ocean archipe

Russian Prime Minister Vladimir Putin received a drink fit for dinosaurs on Friday when he was presented with a sample of ancient water from a sub-glacial Antarctic lake pierced by Russian scientists.

The European Union wants India to draw Iran into talks over its nuclear programme but said strong sanctions are also needed, European Council President Herman Van Rompuy said on Friday, as Asia's thir

The ousted President of the Maldives, credited with bringing democracy to the Indian Ocean island resort, said on Wednesday he was forced out of power at gunpoint, prompting clashes between police and