MILAN (Reuters) - Pietro Scott Jovane, CEO of the Italian unit of Microsoft, was in pole position to take over as chief executive of Italian media company RCS MediaGroup, two sources close to the matter ...

By Foo Yun Chee BRUSSELS (Reuters) - China-based Huawei criticized on Wednesday proposals by the European Union to block non-EU companies from lucrative public contracts, saying such a move may pave the ...

US requirements on "dolphin friendly" tuna labelling breach trade rules by affording less favourable treatment to Mexican-caught tuna, the WTO's appeal body said on Wednesday. The body reversed ...

BP Plc's unit BP Trinidad and Tobago plans the appraisal of the deepwater exploration blocks offshore Trinidad, following two production sharing agreements with the Caribbean state government.

By Reiji Murai TOKYO (Reuters) - Apple Inc (AAPL.O) plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, ...

By Reiji Murai TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people ...

By Annika Breidthardt and Andreas Framke BERLIN/FRANKFURT (Reuters) - The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalised, euro ...

World stocks laid low by a call for new elections in Greece and prolonged agony in the eurozone wavered in nervous trade on Wednesday as fears of a Greek exit from the euro lingered. Investors were encouraged ...

By Leila Abboud PARIS (Reuters) - Google will meet with France's data protection watchdog next week to answer questions about its new user privacy policy as part of a Europe-wide investigation being led ...

European stock markets closed mixed on Wednesday, with London's benchmark FTSE 100 index of top companies losing 0.60 percent to 5,405.25 points. In Frankfurt, the DAX 30 dropped 0.26 percent to 6,384.26 ...

EURUSD Falls Sharply After ECB Cuts Funding to Some Greek Banks

By Leonard How SINGAPORE (Reuters) - Consumer comfort, social media and mobile devices lie at the heart of online retailer My-wardrobe's strategy in Asia, said Sarah Curran, the company's founder, on Wednesday. ...

Beleaguered national carrier South African Airways (SAA) is looking for additional state aid to buy a new fleet of aircraft, a minister said Wednesday. "Shareholder support for SAA to procure a more ...

By Leila Abboud PARIS (Reuters) - Google(GOOG.O) will meet with France's data protection watchdog next week to answer questions about its new user privacy policy as part of a Europe-wide investigation ...

India's rupee hit a record low against the dollar Wednesday and stocks fell nearly two percent as uncertainty over the eurozone debt crisis and weak domestic indicators hit Asia's third-largest economy. ...

By Amanda Cooper LONDON (Reuters) - Gold recovered from its lowest since late December on Wednesday, edging back into positive territory as U.S. stocks opened higher and after speculation Germany and France ...

By Herbert Lash NEW YORK (Reuters) - The euro pared losses and bond prices slid on Wednesday after comments by German Chancellor Angela Merkel bolstered hopes that Greece would remain in the euro zone, ...

In the West, online travel has long since eclipsed the brick-and-mortar industry, but in China, real-world travel agencies are very much alive. Travel patterns are also very different here; Chinese tourists ...

NEW DELHI (Reuters) - India has asked the U.S. to supply it with liquid shale gas, a government source said on Wednesday, as it continues to reduce dependence on oil imports from Iran, which are targeted ...

By Devidutta Tripathy and Sumeet Chatterjee NEW DELHI/MUMBAI (Reuters) - Bharti Airtel (BRTI.NS), India's biggest mobile phone carrier, is in advanced talks to buy out the Indian partners of Qualcomm Inc ...

SINGAPORE, May 16 (Reuters) - Asia's fuel oil marketstrengthened further on Tuesday, propped up by firm buying asthe June contract turned prompt month. The June/July and July/August intermonth spreads ...

(Updates prices) * Gold eases as dollar profits from Greek worries * Silver set for longest string of declines since 2008 * Coming up: U.S. April industrial production; 1315 GMT By Amanda Cooper LONDON, ...

By Manoj Dharra MUMBAI (Reuters) - The BSE Sensex fell 1.8 percent on Wednesday to its lowest levels in over 4 months as the rupee dropped to a record low reinforcing uncertainty about the country's fiscal ...

SINGAPORE, May 16 (Reuters) - Asian gasoil margins edgedhigher on Wednesday, snapping four days of declines as promptdemand emerged from Vietnam's importers with the country's onlyoil refinery being shut ...

SINGAPORE, May 16 (Reuters) - Asia's naphtha margins held ata 5-1/2 month low as sellers mostly saw rising supplies amidweaker demand. News of Formosa, Asia's top naphtha buyer, cutting runs atits 2.93 ...

TOKYO, May 16 (Reuters) - Tokyo rubber futures hit a newfour-month low on Wednesday, falling for the fourth straightsession as investors continued to flee from riskier assets asdue to the possibility a ...

The Philippines imposed a two-month ban on fishing around a disputed South China Sea shoal on Wednesday, after saying it did not recognise a similar order by China. Both countries have had ships posted ...

Afghanistan will start pumping oil for the first time within five months, an official said Wednesday, as part of the nation's efforts to tap underground treasures estimated to be worth billions. China's ...

The World Bank is lending the Philippines $275 million to tackle huge volumes of untreated sewage that threaten to swallow the capital Manila, the lender said Wednesday. The loan would be reinvested by ...

TOKYO, May 16 (Reuters) - Crude rubber inventories at Japanese ports rose to their highestlevel in 5 years, the latest data from the Rubber Trade Association of Japan showed, reflectinga slow recovery ...

By Amanda Cooper LONDON (Reuters) - Gold fell for a fourth straight day to its lowest since late December on Wednesday, sucked into a broad-based sell-off that dented global markets on the back of alarm ...

Singapore's shipping association Wednesday welcomed the first foreign strike against a pirate stronghold in Somalia and urged that the campaign be sustained. "Whilst the EU strike against pirate logistics ...

A Taiwanese fighter pilot has received disciplinary punishment for dating a Chinese reporter stationed in Taiwan, the defence ministry said Wednesday. Although the pilot was not found to have committed ...

India's rupee hit a record low against the dollar on Wednesday and stocks fell nearly two percent, as uncertainty over the eurozone debt crisis and weak domestic indicators hit Asia's third-largest economy. ...

(Updates throughout) * Gold dented as dollar profits from Greek worries * Silver set for longest string of declines since 2008 * Coming up: U.S. April industrial production; 1315 GMT By Amanda Cooper LONDON, ...

Asian markets tumbled Wednesday and the euro fell to a new four-month low on news Greece will go to the polls again after talks to form a coalition failed, stoking fears it will exit the eurozone. The ...

BANGKOK, May 16 (Reuters) - Shares in Philippines andMalaysia suffered their biggest daily loss in seven months onWednesday as equity markets in southeast Asia followed a broadglobal selloff, touched off ...

The Bank of England on Wednesday cut its forecast for British growth and warned that the eurozone debt crisis was the biggest threat to Britain's recovery, even if a credible solution is found. Britain's ...

The World Bank on Tuesday announced it was ready to provide Indonesia with a $2 billion loan, a backstop against any future financial shocks in one of Asia's fastest growing economies. The World Bank said ...

Zacks Investment Ideas feature highlights: Market Vectors Indonesia Index ETF and iShares MSCI Indonesia Investable Market Index Fund.

Philippine President Benigno Aquino named two "special envoys" to China on Wednesday amid a tense territorial dispute between the two countries over a shoal in the South China Sea. In their appointment ...

MUMBAI (Reuters) - The Sensex provisionally fell 1.8 percent after the rupee hit a record low on Wednesday and as global risk aversion weighed on investor sentiments. Banks and auto shares were the big ...

* Potential Greece exit from euro zone weighs * Traded volumes stood at close to 60,000 lots * Fidelity, Value Partners among Felda cornerstones -source (Updates prices) By Chew Yee Kiat SINGAPORE, May ...

The average Japanese family has 16.64 million yen ($207,000) in savings, according to official data, more than twice the average annual salary in the nation of 128 million. The number for 2011 was a 0.4 ...

World stocks and the euro fell and borrowing rates for eurozone countries signalled alarm on Wednesday at new elections in Greece, prolonging agony for the eurozone. Inconclusive talks between German leader ...

Iceland's central bank raised its key interest rate by a half-point on Wednesday, taking it to 5.5 percent, the bank said in a statement. "Inflation has been higher than was forecast in February and ...

Singapore Airlines (SIA) said Wednesday it will suspend services to Athens and Abu Dhabi due to "sustained weak performance" on both routes. The last flights to the two cities will depart Singapore ...

Afghanistan will start pumping oil within months, an official said Wednesday, as part of the troubled nation's efforts to tap its underground treasures estimated at billions. China's National Petroleum ...