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  • Diageo's $2.1 Billion Bet on India  Friday, 9 Nov 2012 | 10:44 AM ET

    Paul Walsh, CEO of Diageo, discusses his company's agreement to acquire 53.4 percent of India's United Spirits. "India is a very attractive market, and we just got the number one player in that market," he says.

  • UK to India: You Don't Need Our Aid Anymore Friday, 9 Nov 2012 | 8:09 AM ET

    Since the East India Company was granted a royal charter in India in 1600, the U.K. has always had a foothold in India, be it through business, trade or international aid programs. On Friday, however, the U.K. has announced that it will no longer be giving financial aid to India, a sign that one of the world’s original BRIC economies is now more "established" than "emerging" economy.

  • The combined economic output of China and India will exceed that of the entire OECD bloc (Organization for Economic Cooperation and Development) by 2060, the group said in a report published on Friday.

  • Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation.

  • Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation. Pearson may initiate the sale preparations ahead of the departure of Chief Executive Marjorie Scardino, Bloomberg said.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • LONDON, Nov 6- Gold rose for a second day on Tuesday, largely tracking equities, as the market watched the U.S. presidential election in which a win for President Barack Obama could boost bullion by raising expectations for Federal Reserve stimulus.

  • PARIS, Nov 6- Pernod Ricard plans to tap Africa's thirst for whisky, vodka and cognac at a time when China is slowing and bets the continent will become a key growth area for the French spirits group within 10 years.

  • *Robusta hits lowest level since February, Vietnam crop weighs. LONDON, Nov 6- Robusta coffee futures on Liffe fell to a nine-month low on Tuesday with the market weighed by the prospect of a large harvest in Vietnam while ICE arabica coffee turned higher after setting a 4-1/ 2 month low.

  • *Robusta hits lowest level since March, Vietnam crop weighs. LONDON, Nov 6- Robusta coffee futures on Liffe fell to an eight-month low on Tuesday with the market weighed by the prospect of a large harvest in Vietnam while ICE arabica coffee turned higher after setting a 4-1/ 2 month low during the prior session.

  • World needs $700 bln in power grid upgrades Tuesday, 6 Nov 2012 | 1:00 PM ET

    *France plans to invest some 15 bln euros by 2020.

  • PRECIOUS-Gold hovers near 9-week low; eyes U.S. vote Tuesday, 6 Nov 2012 | 11:27 AM ET

    LONDON, Nov 6- Gold steadied near a nine-week low on Tuesday as investors assessed potential policy impact from the neck-and-neck U.S. presidential election, while a strike in Greece to protest austerity cuts also kept sentiment cautious. Spot gold rose 0.36 percent to $1,690.30 by 1127 GMT, but stayed close to Monday's nine-week low of $1,672.24.

  • GENEVA, Nov 5- China will later this month enter talks to create an Asian free-trade bloc covering 28 percent of world GDP, a reaction to U.S. progress in forming a Trans-Pacific Partnership that excludes China, South Korean Trade Minister Taeho Bark said on Monday.

  • MEXICO CITY, Nov 5- The Reserve Bank of India may ease monetary policy in January if growth and inflation develop as expected, Governor Duvvuri Subbarao said on Monday.

  • NEW YORK, Nov 5- The expansion in the vast U.S. services sector slowed slightly last month, suggesting growth in the world's largest economy would remain modest, while activity in China's services industry also waned.

  • Global tourist arrivals close in on 1 billion - UN Monday, 5 Nov 2012 | 3:36 PM ET

    LONDON, Nov 5- International tourist arrivals grew 4 percent between January and August year-on-year and are heading for the 1 billion mark for the first time by December, the UN World Tourism Organization said on Monday.

  • *Technology key to new industrial model Brazil seeking. Trade and Industry Minister Fernando Pimentel told Reuters that Brazil has paved the way for a sustainable burst of economic growth with record-low interest rates and a competitive exchange rate.

  • *Hong Kong's gold shipments to China jump in September. The U.S. elections will be closely watched by financial markets, with incumbent Barack Obama seen as more supportive of continued stimulus measures, while Republican challenger Mitt Romney is expected not to favour additional easing.

  • ABUJA, Nov 5- Nigerian President Goodluck Jonathan is coming under increasing pressure to tackle government corruption after an oil probe released last week showing billions of dollars of lost state revenues sparked a political row.