Tunisian court sentences Ben Ali to 20 years jail
A Tunisian military court sentenced ousted Tunisian dictator Zine al-Abidine Ben Ali to 20 years jail in absentia on Wednesday for inciting violence during a police attempt to smuggle his nephew out o
Murdoch confidante in court over hacking scandal
Rebekah Brooks, a trusted confidante of Rupert Murdoch and friend to a succession of British prime ministers, appears in a London court on Wednesday accused of hindering a police investigation into ph
Dimon says JPMorgan failed to rein in traders
JPMorgan chief executive Jamie Dimon will tell lawmakers that the bank's recent multibillion-dollar trading loss occurred because poorly managed traders embarked in January on a misguided hedging stra
Indian skies inviting, but no takers for airlines
With a potential air market of hundreds of millions of people, airlines ought to be hammering on India's door - yet global airline executives say it would be madness to invest in a domestic carrier th
Sahara Group to buy New York's Plaza Hotel: Report
Sahara Group is set to buy New York's landmark Plaza Hotel for $570 million, The Times of India reported on Tuesday.
The deal for the Plaza, the 105-year-old luxury hotel near New York's Central Park
China Q2 GDP growth may dip below 7%: Official
China's annual economic growth could fall below 7 per cent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying.
The forecast b
Canada best G20 country to be a woman, India worst
Policies that promote gender equality, safeguards against violence and exploitation and access to healthcare make Canada the best place to be a woman among the world's biggest economies, a global poll
RComm unit wins Singapore IPO approval
Telecoms carrier Reliance Communications said on Wednesday the Singapore stock exchange approved its undersea cable unit for an IPO that could raise more than $1 billion.
Shares in Reliance Communica
Bombs kill many in Iraq attacks on pilgrims, police
Bombs targeting Shi'ite pilgrims in Baghdad and police in southern Iraq killed at least 44 people on Wednesday in a wave of attacks during a major religious festival, police and hospital sources said.
Gandhi papers set to fetch $1 million in auction
A huge archive of letters, papers and photographs that shed new light on Mahatma Gandhi and his time in South Africa will be auctioned in London next month and is expected to fetch 500,000-700,000 pou