WTO strikes 'landmark' $1.3 trillion deal to cut tariffs on IT products

Last Updated: Friday, July 24, 2015, 23:22

Major exporters of information technology on Friday agreed to cut global tariffs on more than 200 products, in the first such deal struck by the World Trade Organization in nearly two decades.

WTO members try to seal trillion-dollar IT trade deal

Last Updated: Friday, July 24, 2015, 20:27

World Trade Organization (WTO) members met in Geneva on Friday trying to finalise a deal to cut tariffs on $1 trillion of information technology products from video games to medical equipment.

Greece loosens capital restrictions on businesses

Last Updated: Friday, July 24, 2015, 19:36

Greece started loosening restrictions on foreign transfers by businesses on Friday, unblocking imports held up after the country introduced capital controls last month.

Japan's Nikkei buys Financial Times from Pearson in $1.3 billion deal

Last Updated: Thursday, July 23, 2015, 20:48

Japanese media group Nikkei on Thursday agreed to buy the Financial Times from Britain`s Pearson in a $1.3 billion deal that brings together two leading financial news organisations from Europe and Asia.

Greece wants final bailout deal by August 20

Last Updated: Wednesday, July 22, 2015, 06:59

The Greek government said Tuesday that it wants to see a final deal on its international bailout hammered out by August 20, as it presented parliament with more draft legislation on the cash-for-reforms agreement.

Greece seeks bailout deal by August 20, sends bill to parliament

Last Updated: Tuesday, July 21, 2015, 18:13

The Greek government said Tuesday that it wants to see a final deal on its international bailout hammered out by August 20, as it presented parliament with more draft legislation on the cash-for-reforms agreement.

2015 likely to be a big year for deal making: Experts

Last Updated: Monday, July 20, 2015, 12:57

Merger and acquisition activity in India witnessed significant rise in the first half of the year and the momentum is likely to continue as the year 2015 is likely to be a "big" year for deal making, experts say.

German economy minister due in Iran with business leaders

Last Updated: Sunday, July 19, 2015, 17:48

German Economy Minister Sigmar Gabriel flew to Iran Sunday as the first top Western official to visit the country since world powers and Tehran reached a historic nuclear deal.

More than half of Germans think planned Greek deal is bad: Poll

Last Updated: Sunday, July 19, 2015, 09:09

Lawmakers in Germany, the biggest contributor to euro zone bailouts, on Friday gave their go-ahead for the currency bloc to negotiate a third bailout for Greece that could total 86 billion euros ($93 billion) over three years.

Distraction of Greece aside, is all well with the world economy?

Last Updated: Saturday, July 18, 2015, 09:32

The race is on between the U.S. and British central banks to be the first major economy to raise interest rates after a long period of unprecedented monetary generosity.

Key events in Greek bailout crisis since referendum

Last Updated: Saturday, July 18, 2015, 09:25

Following is a timeline of events in the Greek crisis from the July 5 referendum on austerity to Friday`s thumbs up by German lawmakers to talks on a third bailout.

Counting the cost for Greece and Europe

Last Updated: Saturday, July 18, 2015, 09:22

When Greek leaders began a shift in policy last year to ease themselves out from under the tutelage of foreign creditors, they hoped it would bring economic as well as political gains.