Brics an opportunity to attract investment: Brazil

​Brasilia, Oct 14 (IANS) Brazilian President Michel Temer will leave on Friday to India to participate in the eighth Brics Summit and then to Japan to attract investment. According to Temer's spokesperson, Alexandre Parola, on Thursday, the President's Asia visit will be an opportunity for the government to show "a new Brazil" of "inve...

Australia's economy displaying resilience: Moody's

​Sydney, Oct 12 (IANS) Australia's economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody's Investor Services said on Wednesday. ...

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. According to Wall St

​New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. ...

Snapchat planning $25 bn IPO

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. ...

Samsung's operating profit rises despite Note 7 recall

​Seoul, Oct 7 (IANS) Samsung Electronics saw its operating profit rise in the third quarter despite a global recall of Galaxy Note 7 smartphones, the company said on Friday. The South Korean tech behemoth posted 7.8 trillion won ($7 billion) in its preliminary figure for operating profit during the July-September period, up 5.55 per ce...

Pill to prevent Alzheimer's disease in the offing

New York, Oct 8 (IANS) A pill that prevents the accumulation of toxic molecules in the brain and can help prevent or delay Alzheimer's, can be the next target in the fight against the neurocognitive disease, according to US scientists. ...

GST poised to boost India's medium-term growth: IMF

​Washington, Oct 7 (IANS) Citing the example of the proposed pan-India Goods and Services Tax (GST), the IMF on Friday said the country has shown that progress on reforms could attract investment and boost prospects of India's medium-term growth. ...

IMF forecasts world economy to grow at 3.1% in 2016

​Washington, Oct 4 (IANS) The International Monetary Fund (IMF) on Tuesday maintained its forecast for global growth in 2016 at 3.1 per cent, saying the subpar trend will continue without determined policy action. ...

Stock markets reward investment in innovation in long run

​New York, Oct 3 (IANS) Companies that do invest in building their innovative capacity are rewarded over the long run by higher stock market returns and profits, say researchers including one of Indian-origin. ...

Pound drops in value as May signals 'hard Brexit'

​London, Oct 3 (IANS) The pound sterling was the worst performer among major currencies on Monday, after British Prime Minister Theresa May said Britain would kick off the process of separating from the European Union (EU) by the end of March 2017. ...

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