India's telecoms sector has been rocked by a Supreme Court ruling last month that sided with the government in a dispute over how levies are calculated, saddling the industry with a combined $13 billion in fresh debt.
The Indian government's win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed are seen as burdens too big to bear for two of the country's three main carriers.
Drugmakers including Roche and Novartis' have agreed to cut the prices of some of their newest drugs by an average of 61% in China in order to get on a national reimbursement scheme list, regulators said.
Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a slowing economy and the impact of the Sino-U.S. trade dispute.
Australia's Westpac Banking Corp offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, a move some investors said was to fend off criticism about its transparency.
Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.
Venezuela's government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency, five people familiar with the matter said.
Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.
TMX Group is looking into allegations about the past conduct of its chief executive officer, Lou Eccleston, the operator of the Toronto Stock Exchange said in a statement.
There's a very real cost to fighting traffic on your way to the office. Residents in our nation's capital are paying $12,015 on average each year to get to work, according to an analysis from Clever Real Estate.
U.S. online retail giant Amazon is not liable for unwittingly stocking trade mark infringing goods for third-party sellers, but should be diligent in checking whether products are legal, an adviser to Europe's top court said on Thursday.
CNBC | Chloe Taylor | Nov 28, 2019 British lender NatWest has launched a digital bank to compete in the U.K.’s thriving fintech space. NatWest — a subsidiary of RBS — launched cloud-based bank Bo on Wednesday, with the service going live on both Apple’s App store and Google Play. Those who sign up to
European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.
Louis Dreyfus Co (LDC) has launched a sweeping cost-cutting plan in the latest attempt to revive profits at the 168-year-old family-owned firm, one of the world's largest agricultural commodity merchants.
Italian fashion house Roberto Cavalli was bought on Thursday by Hussain Sajwani, the chairman of Dubai's Damac Properties , the companies said, ending a long sale process.