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  • PETRA, Jordan— It's high season in Petra, an ancient city hewn from rose-colored rock and Jordan's biggest tourist draw. Petra's slump is part of a sharp decline in tourism as Jordan's economy pays a price for regional turbulence and its high-profile role in the U.S.-led battle against Islamic State militants next door. Jordan's involvement in the...

  • India's diamond polishers lose their sparkle Sunday, 29 Mar 2015 | 12:03 AM ET
    A pair of multi-colored sapphire and diamond ear clips, by JAR.

    A tough market and weaker demand mean have slowed growth in India's diamond market where 14 of every 15 diamonds set in jewelry around the world are processed.

  • SAN FRANCISCO, March 27- Yahoo Inc and Microsoft Corp agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives. According to a filing with the U.S. Securities and Exchange Commission on Friday, Yahoo and Microsoft mutually agreed to...

  • *Company estimates India has about 800,000 paraplegics. March 27- ReWalk Robotics Ltd plans to launch its wearable robotic exoskeleton device in India by the second quarter of 2015, Chief Executive Larry Jasinski said. The company will launch the device in north India through a deal with New Delhi- based surgical products distributor Saimed Innovations.

  • Indian companies scramble to find women directors Friday, 27 Mar 2015 | 7:21 AM ET

    India's market regulator, the Securities and Exchange Board of India, has set a final deadline of April 1 for all of the country's listed companies to name at least one female director. Mukesh Ambani, the second richest Indian who heads the petrochemicals to telecoms conglomerate Reliance Industries Ltd., appointed his wife Nita Ambani to the company's board.

  • India turns to 'satellite god' for crop mapping Thursday, 26 Mar 2015 | 5:00 PM ET

    NEW DELHI, March 27- Sher Singh, a farmer from India's desert state of Rajasthan, prays to Varuna, the Hindu god of water, for a bountiful harvest. Now, he is also looking to the heavens for satellite imaging to boost his crop. Prime Minister Narendra Modi wants to promote a "per drop, more crop" approach to farming to make better use of scarce water, and aims to have a new...

  • MUMBAI/ NEW DELHI, March 26- India's top three mobile phone network operators have spent a combined $13.6 billion in a government auction of airwaves to secure almost 80 percent of the spectrum on offer, reinforcing their positions in the world's second-biggest mobile market. Altogether India raised $17.6 billion in the auction after 19 days of fierce bidding,...

  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below expectations on Thursday, but its shares rose after executives said the weak outlook was largely due to temporary West Coast port delays and currency...

  • *Plant in western India to double local production. SANAND, India, March 26- Ford Motor Co plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad. Ford, like foreign rivals General Motors and Volkswagen, has struggled...

  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below analysts' expectations, saying it would spend more on innovation to drive sustainable growth.

  • MUMBAI, March 26- A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics IPO-MINF.NS> for up to $1 billion, two people aware of the discussions said. The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South...

  • Indian telco operators hit by auction costs   Wednesday, 25 Mar 2015 | 11:20 PM ET
    Indian telco operators hit by auction costs

    Sachin Gupta, Regional Head of Telecommunication Research Asia Ex-Japan at Nomura, says major players like Bharti Airtel and Idea Cellular may pay $3 billion and $5 billion, respectively.

  • BBVA puts rescue plan for India's Sahara in doubt Wednesday, 25 Mar 2015 | 7:51 PM ET

    A rescue plan for India's Sahara was thrown into disarray on Wednesday, when Spanish bank BBVA SA denied offering a credit line to the bank.

  • Asia can outperform US this year: Credit Suisse   Wednesday, 25 Mar 2015 | 7:50 PM ET
    Asia can outperform US this year: Credit Suisse

    Ali Naqvi, Head of Equities for Asia Pacific at Credit Suisse, says progress in Japan, expectations for a soft landing in China and a revival in India are underpinning growth in Asian markets.

  • Watch out, EMs crisis coming this year   Wednesday, 25 Mar 2015 | 6:50 PM ET
    Watch out, EMs crisis coming this year

    Atul Lele, CIO of Deltec International Group, says emerging markets excluding India are headed for more pain this year.

  • Uber sets up response teams as safety concerns rise Wednesday, 25 Mar 2015 | 5:17 PM ET

    Uber will form a safety advisory board comprising independent experts to review its practices and advise on adding safety features to its platform, the company's global safety head Phillip Cardenas said in blog post on Wednesday. The measures come in the wake of Brussels police arresting a taxi driver who confessed to taking part in several incidents of...

  • MUMBAI, March 25- India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, the country's telecoms minister said on Wednesday. Ravi Shankar Prasad said the government received bids worth almost 1.10 trillion rupees, topping the 1.06 trillion rupees it raised in 2010. The...

  • *BBVA says has not provided credit line, as Sahara said in court. MADRID/ MUMBAI, March 25- A rescue plan for India's Sahara was thrown into disarray on Wednesday, when Spanish bank BBVA SA denied offering a credit line to the bank, scuppering the conglomerate's claims it would use it to help secure bail for its jailed boss. Sahara, once one of the country's most...

  • MADRID, March 25- Spain's BBVA SA denied having any credit exposure to Indian conglomerate Sahara, just days after the group told a court it had a line of credit from the bank to secure bail for its jailed boss. On Monday, India's Supreme Court gave Sahara three more months to raise bail after the company told the court it had received a line of credit worth 900 million...

  • NEW DELHI— India's top court affirmed people's right to free speech in cyberspace Tuesday by striking down a provision that had called for imprisoning people who send "offensive" messages by computer or cellphone. In its ruling, the Supreme Court said the provision was "clearly vague" in not clarifying what should be construed as offensive.