2008

Recent News

Radio Free Europe/Radio Liberty: Fate of other Ukrainians imprisoned in Russia unclear

With Russia's release of Ukrainian military pilot Nadia Savchenko, who returned to a hero's welcome in Kyiv, attention now shifts to the fate of other Ukrainians jailed in Russia on charges their supp
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Larsen & Toubro reports 18.55% increase in consolidated net profit

Engineering major Larsen & Toubro (L&T) on Wednesday reported 18.55 percent increase in consolidated net profit at Rs 2,453.64 crore for the March quarter, and added that it expects 12-15 p
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Kerala CM Pinarayi Vijayan tries to balance coalition equation in his 19-member cabinet

Kerala Chief Minister Pinarayi Vijayan has tried to balance the coalition equation while allocating portfolios to his 19 cabinet colleagues. The post Kerala CM Pinarayi Vijayan tries to balance coalit
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Kejriwal attacks Modi government for overexpenditure on advertisements

Delhi Chief Minister Arvind Kejriwal on Thursday took a dig at Prime Minister Narendra Modi's government for overexpenditure on advertisements marking the completion of the central government's two ye
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Buoyant Amit Shah sets all-important 2017 UP election as BJPs next target

Fresh from a thumping victory in Assam and a good showing in West Bengal and Kerala, BJP president Amit Shah is in an unusually buoyant mood and has now set high targets for himself and his party wi
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Kejriwal meets rape victim, says Delhi needs statehood to curb such incidents

Chief Minister Arvind Kejriwal on Thursday met the 13-year-old rape victim and raised the issue of granting full statehood to Delhi to curb such incidents. The post Kejriwal meets rape victim, says De
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Popular Finance

S.Korea raises target for fixed rate household loans, mortgages

SEOUL, May 26 (Reuters) - South Korea has raised its targets for fixed rate household loans and amortised mortgages in 2016 and 2017, the financial regulator said on Thursday.
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BRIEF-NN Group Q1 net profit down at 270 million euros; to start shares buy back program

* Q1 Operating result ongoing business of 305 million euros ($340.99 million), stable on 1Q15
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UPDATE 2-Australian watchdog deals blow to $6.5 bln Asciano bid

* Brookfield has already made changes due to regulator concerns
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BRIEF-Nippon life exec: Expects dollar-yen rate at 115 at FY-end

- Expects dollar-yen yen rate at 115 yen around this fiscal year-end
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RPT-Norway to regulate $850 billion fund's tax haven exposure-lawmakers

OSLO, May 25 (Reuters) - Norway will take a first step this week towards using its $850 billion sovereign wealth fund, the world's biggest, as a tool to combat the use of tax havens, two key members o
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BRIEF-Famous Brands buys Oceana Groups Lamberts Bay Foods

* A cquired 100% of business of Lamberts Bay Foods (lbf), a wholly-owned subsidiary of jse-listed Oceana Group Limited (oceana).
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NN Group's solvency increases in Q1; Co to buy back shares worth $559 mln

AMSTERDAM, May 26 (Reuters) - Dutch insurer NN Group said on Thursday its financial position improved in the first quarter, and that it would buy back shares worth 500 million euros ($559.20 million)
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MIDEAST STOCKS-Brent breaking $50 may lend support to Gulf bourses

DUBAI, May 26 (Reuters) - A break above $50 a barrel in Brent prices looks set to lift bourses in the Gulf on Thursday.
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BRIEF-Alba chairman Michele Cappone resigns

* Said on Wednesday chairman of board Michele Cappone resigned, effective as of May 30
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