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Britain, Russia at odds over UN Srebrenica genocide commemoration| Reuters

Jul 02, 2015

Britain, Russia at odds over UN Srebrenica genocide commemoration| Reuters

UNITED NATIONS A draft United Nations Security Council resolution commemorating the 1995 Srebrenica massacre does "not seek to bring up painful divisions nor point the finger of blame," Britain said on Wednesday as Russia pushes a rival text it considers balanced. The British-drafted resolution has angered Bosnian Serbs and Serbia, who branded it as "anti-Serb" and sent a letter of protest to the United Nations. The British draft strongly condemns the genocide at Srebrenica and any denial of this genocide, while the Russian text instead condemns "the most serious crimes of concern to the international committee." Both drafts were seen by Reuters. #Business #India #Middle East #Crime #opinion
Analysis - Talk of Syria action may be Erdogan's latest gambit to pressure the West| Reuters

Jul 02, 2015

Analysis - Talk of Syria action may be Erdogan's latest gambit to pressure the West| Reuters

ANKARA Alarmed by Syrian Kurds' advances against Islamic State, and irked by Western reluctance to tackle Syrian President Bashar al-Assad, President Tayyip Erdogan has once again raised the prospect of a Turkish military intervention in Syria. Such a move would risk alienating the West when confidence in Turkey has been already shaken by Erdogan's authoritarian tendencies and a slowdown in growth, and also prevent the AK Party that he founded forming a coalition with the main opposition party. But Erdogan's drum-beating may be a gambit aimed at influencing the U.S.-led coalition in Syria, and bolstering his popularity at home after a major election setback for the AKP. #Business #United States #Syria #markets #Turkey #crisis #opinion
U.S., Cuba restoring diplomatic ties after 54 years| Reuters

Jul 02, 2015

U.S., Cuba restoring diplomatic ties after 54 years| Reuters

HAVANA/WASHINGTON The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. U.S. President Barack Obama and Cuban President Raul Castro exchanged letters agreeing to reopen embassies in each other's capitals, with the Cubans saying that could happen as soon as July 20 #Business #Technology #Middle East #science #Foreign policy #opinion
IAEA chief heads to Iran as nuclear talks reach last stretch| Reuters

Jul 01, 2015

IAEA chief heads to Iran as nuclear talks reach last stretch| Reuters

VIENNA The global nuclear watchdog said on Wednesday its boss would fly to Tehran to discuss some of the last big issues that need to be resolved so that Iran and world powers can reach a breakthrough final nuclear deal by a new deadline of next week. #Business #Middle East #Europe #Latin America #Austria
Uber launches in seven Indian cities, makes country second largest geographic market

Jul 01, 2015

Uber launches in seven Indian cities, makes country second largest geographic market

With this launch Uber will be available in 18 cities in the country, the company said in a statement. #Business #India #CompanyWatch #Uber
Sterlite to set up LCD manufacturing plant, invest Rs 40,000 cr

Jul 01, 2015

Sterlite to set up LCD manufacturing plant, invest Rs 40,000 cr

Inaugurating Digital India Week, Prime Minister Narendra Modi today launched a digital campaign to which top companies pledged Rs 4.5 lakh crore. #Business #Narendra Modi #CompanyWatch #Anil Agarwal #Digital India #Sterlite Technologies
Pininfarina still discussing sale to Mahindra, hopes for deal in July: sources

Jul 01, 2015

Pininfarina still discussing sale to Mahindra, hopes for deal in July: sources

A third source close to the matter said Mahindra may push back further a possible deal in order to agree on a lower price. #Business #CompanyWatch #Mahindra & Mahindra #UniCredit #Pininfarina #Intesa Sanpaolo
Airtel commits Rs 1 lakh cr investment in technology in five years

Jul 01, 2015

Airtel commits Rs 1 lakh cr investment in technology in five years

Bharti Airtel has already lined up an investment of $3 billion, mostly for Indian and South Asian businesses, in this financial year. #Business #Bharti Airtel #CompanyWatch #telecommunication #Sunil Bharti Mittal #Digital India
IPO-headed IndiGo faces litigations involving Rs 1,114 cr

Jul 01, 2015

IPO-headed IndiGo faces litigations involving Rs 1,114 cr

In the nine months ended December 2014, IndiGo posted a profit of Rs 720.84 crore on revenues of Rs 10,359.79 crore. #Business #Aviation #IPO #CompanyWatch #IndiGo #equity #service tax #VAT #Offer for sale #Interglobe Aviation