Russian footballer reveals pro-Putin shirt in Turkey

Moscow and Ankara have been at daggers drawn since November, when a Turkish jet shot down a Russian Su-24 bomber that allegedly crossed into Turkey's airspace as it flew across northern Syria. "Unfortunately, the club's staff were unable to prevent ... More..

by | Published more than a month ago
by | Tuesday, March 01, 2016

Sharp Agrees to $6.2 Billion Bailout From Foxconn, Nikkei Says

The news of the merger comes nearly three weeks following reports which said that the two companies were considering serious discussions regarding the takeover. An iPhone's most expensive component is its t...More..

Upbeat British Airways owner IAG sees 40 pct profit growth this year
by | Tuesday, March 01, 2016

Upbeat British Airways owner IAG sees 40 pct profit growth this year

Fuel unit costs - calculated by distance and seats flown - have dropped 17%, he said, after the impact of hedging. Profits at British Airways' parent company International Airlines Group (IAG) soared 64.4pc t...More..

Sharp takeover deal on hold
by | Tuesday, March 01, 2016

Sharp takeover deal on hold

Terry Gou, founder of Foxconn, the world's largest contract maker of electronic goods, and Sharp CEO Kozo Takahashi were meeting in China, said a person familiar with the matter. In its statement Friday, Foxcon...More..

Target sales show turnaround efforts gaining traction
by | Tuesday, March 01, 2016

Target sales show turnaround efforts gaining traction

Target returned $1.6 billion to shareholders in the fourth quarter, comprised of $345 million in dividends and $1.26 billion in share repurchases. Adjusted earnings results were $1.52 per share, a bit below t...More..

Bonds, rupee rise; Jaitley sticks to 2016/17 fiscal deficit target
by | Tuesday, March 01, 2016

Bonds, rupee rise; Jaitley sticks to 2016/17 fiscal deficit target

The country's export tax on low grade iron ore would be scrapped, but Jaitley said India would impose a higher import duty on aluminium. The government's plan to meet the fiscal target is a welcome move as th...More..