World Business

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Nikkei falls to 1-1/2-week low as financials weaken

Japan’s Nikkei share average fell to a 1-1/2-week low as financial stocks were battered after US yields fell, while index-heavyweight SoftBank tumbled and weighed on the index. The Nikkei

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India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India is home to world’s fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new

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Hindujas are wealthiest Asians in UK in 2017

NRI businessmen Hindujas have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of 19 billion pounds, an increase of 2.5 billion pounds

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Amazon’s India head Amit Agarwal promoted as Senior VP

US-based, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs at the e-tailing giant globally, a person familiar with

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India an important business partner of US: Mnuchin

US Treasury Secretary Steven Mnuchin has said that India is an important economic partner for the United States. During a telephonic talks with Finance Minister Arun Jaitley, Mnuchin expressed keenness

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China, Saudi Arabia consider deals worth $65 billion

China and Saudi Arabia today signed memorandums of understanding and letters of intent potentially worth about 65 billion dollars during Saudi King Salman’s visit to Beijing. China’s Deputy Foreign Minister

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State of Hawaii to challenge new Trump immigration order in court

In the United States, the State of Hawaii has said in a court motion that it intends to seek a temporary restraining order against President Donald Trump’s new executive order

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Nestle to cut 10% of sugar from all snacks in UK, Ireland

Nestlé, one of the world’s biggest chocolate manufacturers, will take 10% of the sugar out of its confectionery in the UK and Ireland by 2018. The corporation says the cut

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China’s GDP growth target at 25 Year Low

Chinese Premier, Li Keqiang today slashed China’s GDP growth target for this year to a 25-year low of 6.5 percent. The Chinese Premier set the target in a 42-page work

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Chinese growth target cut to 6.5% down from 6.5 to 7%

Chinese growth target for this year has been cut to around 6.5 per cent, down from 6.5 to 7 percent last year. The announcement was made by Premier Li Keqiang

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