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  • Modi budgets for Indian growth, to curb deficit Thursday, 10 Jul 2014 | 7:27 AM ET
    India Finance Minister Arun Jaitley with Minister of State for Finance, Nirmala Sitharaman and officials while giving final touches to the Annual Budget 2014-15.

    Indian PM Modi's new government unveiled a budget it said can revive growth after the longest slowdown in 25 years even while curbing borrowing.

  • Corporate winners and losers from India's budget Thursday, 10 Jul 2014 | 6:39 AM ET

    *Increase in foreign direct investment cap in the insurance sector to 49 percent from 26 percent now will benefit companies such as ICICI Bank Ltd, Max India Ltd, Housing Development Finance Corporation Ltd that have insurance ventures with foreign partners.

  • NEW DELHI, July 10- Indian Prime Minister Narendra Modi's new government on Thursday unveiled a first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how he would cap the big fiscal deficit.

  • NEW DELHI, July 10- Indian Prime Minister Narendra Modi's new government on Thursday unveiled a budget it said can revive growth after the longest slowdown in a quarter of a century even while curbing borrowing.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • Shortchanged: Why consumers snub mobile payments Tuesday, 8 Jul 2014 | 7:00 AM ET

    Mobile-pay start-ups have yet to offer a compelling experience that would cause consumers with bank accounts to leave their cards behind.

  • *Announces investments in Britain by Indian companies. MUMBAI, July 7- Britain's finance minister George Osborne praised India's new prime minister Narendra Modi on Monday for helping create a quick turnaround in investor sentiment, during a two-day trip aimed at opening up opportunities in defense and infrastructure.

  • *Commission has chastised Luxembourg in past. LUXEMBOURG/ BRUSSELS, July 4- The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday.

  • *Luxembourg says tax rulings in line with international rules. LUXEMBOURG/ BRUSSELS, July 4- The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday.

  • Europe stocks close up on US jobs, ECB inaction Thursday, 3 Jul 2014 | 11:36 AM ET

    European markets ended the day higher, after the ECB held fire and the widely-watched U.S. non-farm payrolls came in stronger than expected.

  • NAIROBI, July 3- African countries' rapid growth over the past decade may have been the envy of many developed economies, but their number crunchers have struggled to keep up.

  • BRUSSELS/ FRANKFURT, July 2- European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros, raising prospects of more deals to come across Europe's telecoms markets.

  • *Telefonica must sell spectrum, rent out network capacity. BRUSSELS, July 2- Spain's Telefonica won EU antitrust clearance for its 8.6- billion-euro takeover of KPN's German mobile arm E-Plus, giving it a stronger position in Europe's largest phone market.

  • BRUSSELS, July 2- Spain's Telefonica won EU antitrust clearance for its 8.6- billion-euro takeover of KPN's German mobile arm, giving it a stronger position in Europe's largest phone market and marking a milestone in telecoms consolidation.

  • LONDON, June 19- Rolls-Royce shares jumped 7 percent on Thursday after the British aero-engine maker decided to buy back shares worth 1 billion pounds instead of making any major acquisitions. Rolls-Royce shares climbed to 1,076 pence, their highest in over two months, leading Britain's benchmark FTSE 100 index.

  • June 17- India's finance ministry has prioritised resolution of tax disputes involving telecoms companies, telecoms minister Ravi Shankar Prasad said on Tuesday.

  • LONDON, June 16- Vodafone is buying an Italian car electronics maker for 145 million euros, seeking to get ahead in the race to connect more products to the internet and offset slowing growth in its core mobile phone business.

  • Sinking travel sector pegs back European shares Wednesday, 11 Jun 2014 | 4:14 AM ET

    *Deutsche Lufthansa profit warning sees selling of airlines. EDINBURGH, June 11- European stocks turned negative on Wednesday after a profit warning from German airline Deutsche Lufthansa rocked the travel and leisure sector.

  • EDINBURGH, June 11- European stocks opened steady on Wednesday, consolidating after a three-week rally led several indexes back to multi-year highs, leaving indexes at risk of a pullback in the short term.

  • Telcos battle to stifle Whatsapp march Tuesday, 10 Jun 2014 | 7:30 AM ET

    WhatsApp may have shaken the telecoms industry to its core, putting the SMS text message in the shade. But Big Telecom is fighting back.