International News - Page 2

Thundering typhoons! Check out Brussels Airlines' Tintin-themed 'Rackham' airplane

If you're a Tintin fan then this is one flight you might want to catch.

Cab service Uber picks up another $1 billion from investors

Uber said on Thursday that it expanded its latest funding round to pick another billion dollars from investors eager to put money into the controversial ride-sharing service.

Sony Pictures exec whose emails on Obama, Jolie were leaked steps down

Leaked emails by Pascal included at least one racially -insensitive one referring to President Barack Obama, while another called Angelina Jolie a "spoiled brat."

Lessons from my father, my hero: You can't build a business sitting in a glass tower

Luxury and technology seem to be an oxymoron as people associate that word only with hospitality, fashion, etc. We took the risk of marketing televisions like haute couture with five-star services and that risk paid off as Vu is the only brand having high-end TVs after Sony, Samsung and LG.

FTC imposes conditions on Sun Pharma's Ranbaxy acquisition on anti-competitive grounds

An American federal trade regulator has imposed conditions on Sun Pharmaceuticals' acquisition of Ranbaxy on the grounds that the $4 billion proposed deal would likely be anti-competitive.

Alibaba meets state regulator to defuse dispute over 'illegal actions' in China

Alibaba founder Jack Ma has met with the head of a powerful Chinese regulator, days after authorities accused the e-commerce giant of allowing "illegal" actions on its multi-billion-dollar online shopping platform.

Audi, Volkswagen, Porsche recall more than 93,500 cars to fix fuel leaks

Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs worldwide to fix fuel leak problems.

Hutchison Whampoa to splurge $15 bn for O2, set to have UK's biggest mobile network

Hutchison already operates the Three Mobile network in Britain, and buying second-ranked O2 will make it the biggest operator in the country.

Kia Motors needs to set up a factory in India to offset losses in China: CEO

Kia Motors needs to set up a factory in India to tap growth there and offset slowing sales in Russia and China, the Dong-A Ilbo newspaper quoted the South Korean automaker's chief executive as saying.

Rail Budget 2014 highlights: 94 paisa of every rupee earned is spent by Railways

Presenting his maiden Railway Budget, rail minister Sadanand Gowda today said of the 99 projects taken up in 10 years costing Rs 60,000 crore, only one is complete, while adding that of every rupee earned, 94 paise is spent by Railways, leaving only six paise as surplus.<br />

SME survey: PE sector unregulated, govt should step in to safeguard cos' interests

A survey conducted by Firstbiz and Greyhound Knowledge Group found that ease of credit access and quick finance continues to be among the top concerns of most SMEs.<br />

SME Survey: Not just new schemes, govt needs to ensure cos know about them

The Firstbiz-Greyhound knowledge group survey of SMEs found that most small companies are unable to take advantage of government initiatives launched for them either because of they were unaware of them.

Here's what Microsoft expects from Modi's maiden budget

"I am keen to see if there will be any policy guidance about use of information technology for inclusive growth especially in the areas of better citizen services delivery and governance," Microsoft India Chairman Bhaskar Pramanik.

Expect Sahara to default on loan, get New York Plaza hotel at bargain, says Mirach Capital

Saransh Sharma, a San Jose, California-based investor leading the rescue plan, told Reuters in an interview he doesn't think Sahara will be able to pay off the more than $1.5 billion it plans to borrow.

Airbus' latest jetliner A350 embarks on first commercial flight from Qatar to Germany

For passengers, the new plane offers wider panoramic windows and larger overhead storage space plus the ability to limit connections.

Oil slumps below $45/barrel as OPEC says it won't ease production

Last November OPEC decided to keep production levels steady. That decision came despite calls from some from within the 12-member bloc to curb output in an effort to boost prices.

US apex court denies Rajat Gupta's appeal against lifetime ban

The US Supreme Court has denied an appeal by India-born former Goldman Sachs Director Rajat Gupta, who had challenged a ruling by a lower court permanently banning him from from serving as an officer or director of a public company.

Jaguar Land Rover announces new SUV, creation of 1,300 jobs in UK plant

The additional workforce, intended for its Solihull plant in the West Midlands region of England, coincides with Jaguar's entry into the sports utility vehicle (SUV) sector

Australia's Qantas named world's safest airline: report

Australian flag carrier Qantas has been named the world's safest airline in a report published by AirlineRatings.com.

Oil prices slump again but hover above $50/bl level

The selloff in oil began six months ago on concerns of oversupply in high quality U.S. shale crude.

Etihad passengers complain of 12-hour wait on tarmac without food or water

Hundreds of Etihad travelers landed in San Francisco, irritated after a 28-hour overseas flight they say included 12 hours on a tarmac in the Middle East without food or accurate flight information.

General Motors recalls 92,000 more vehicles over ignition switch problems

General Motors has announced a recall of more than 92,000 additional vehicles over ignition switch problems that have been blamed for 42 deaths.

Valued at $45 bn, Xiaomi raises $1.1 bn in fresh funding

China's Xiaomi Inc, one of the world's fastest-growing smartphone makers, has raised $1.1 billion in a round of funding.

Air Asia flight QZ8501: CEO Tony Fernandes says he's living his biggest nightmare

Tony Fernandes, the man who is responsible for reviving Malaysian carrier AirAsia, faced his first major crisis after an AirAsia plane went missing on Saturday with 162 people on board.