Samsung Galaxy S7 smartphones vulnerable to hacking: researchers

Samsung's Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that put tens of millions of devices at risk to hackers looking to spy on their users, researchers told Reuters.
8 August 2018, 18:00 PM

Indian Oil buys US crude to part replace Iran cargoes

Indian Oil Corp has bought 6 million barrels of US crude for delivery in November to January, a company official said, as the nation's top refiner scouts for alternatives to Iranian oil ahead of impending US sanctions.
8 August 2018, 18:00 PM

India doubles import tax on textile products, may hit China

India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world's biggest producer of cotton tries to curb rising imports from China.
7 August 2018, 18:00 PM

Oil investors are complacent on climate change

Investors in oil majors have a problem. The need to curb carbon emissions means that sometime in the next few decades demand for
6 August 2018, 18:00 PM

Indian company to produce thermal batteries

An Indian company will start producing thermal batteries from May 2019, as the South Asian nation looks to promote the use of electric vehicles and reduce its carbon footprint.
6 August 2018, 18:00 PM

German industrial orders plunge

Industrial orders in Germany fell more than expected June, official data showed Tuesday, as global trade tensions weighed on Europe's top economy.
6 August 2018, 18:00 PM

Trump's trade 'extortion' won't work, China state media says

Chinese state media on Monday lambasted US President Donald Trump's trade policies in an unusually personal attack, and sought to reassure investors anxious about China's economy as growth concerns battered its financial markets.
6 August 2018, 18:00 PM

Reliance Communications, Sweden's Ericsson reach $80m settlement

Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its
6 August 2018, 18:00 PM

Friendship no more: how Russian gas is a problem for Germany

For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War.
6 August 2018, 18:00 PM

China's July exports to maintain solid growth

China's exports are expected to have maintained solid growth in July despite new tariffs on billions of dollars of shipments to the United States, though the outlook has darkened as both sides raised the stakes in a trade conflict that has rattled financial markets.
6 August 2018, 18:00 PM

PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO

PepsiCo Inc said on Monday Indra Nooyi would step down as its longtime chief executive officer, handing over the reins to company veteran Ramon Laguarta, who has vast international experience spanning several continents.
6 August 2018, 18:00 PM

Samsung reinvents itself in battle for India's smartphone market

Sometimes keeping ahead of the game means learning some tricks from rivals - a strategy Samsung Electronics Co Ltd hasn't been too proud to adopt in India where Xiaomi Corp and other Chinese brands have made hefty inroads.
1 August 2018, 18:00 PM

Global factory growth slowing; China-US trade war biting

Factory growth stuttered across the world in July, heightening concerns about the global economic outlook as an intensifying trade conflict between the United States and China sent shudders through trading partners.
1 August 2018, 18:00 PM

EU court sends the KitKat case back to trademark office

A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers is sent back to the EU's trademark office after judges dismiss appeals by both companies.
27 July 2018, 07:17 AM

Analysts slash gold price forecasts

Banks and brokerages have cut their average gold price forecasts for this year and next after heavy losses in the second quarter, but expect the metal to bounce back towards $1,300 an ounce, a Reuters poll showed on Monday.
23 July 2018, 18:00 PM

Europeans press for digital tax at G20 meeting

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with US counterparts.
23 July 2018, 18:00 PM

China rejects Trump accusations of currency manipulation

China on Monday rejected accusations by US President Donald Trump that it was manipulating the yuan to give its exporters an edge, saying Washington appeared "bent on provoking a trade war".
23 July 2018, 18:00 PM

Fiat limits its losses after visionary boss departs

Fiat Chrysler avoided heavy losses on the Milan stock exchange Monday after its boss of 14 years Sergio Marchionne stepped down at the weekend due to serious health issues believed to be life-threatening.
23 July 2018, 18:00 PM

Philips’ profit soars 15pc in Q2

Dutch electronics giant Philips Monday posted a 15 percent hike in net profits for the second quarter, just months after listing its lighting division separately on the Amsterdam bourse.
23 July 2018, 18:00 PM

China probes import of stainless steel

China on Monday launched an anti-dumping probe into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints that a flood of product has damaged the local industry.
23 July 2018, 18:00 PM