Tunisian court sentences Ben Ali to 20 years jail
A Tunisian military court sentenced ousted Tunisian dictator Zine al-Abidine Ben Ali to 20 years jail in absentia on Wednesday for inciting violence during a police attempt to smuggle his nephew out o
Inflation seen at 2012 high in May: Reuters Poll
India's inflation may have accelerated at its fastest pace in 2012 in May, driven by higher food and fuel prices, impeding chances of a rate cut by the RBI at its review next week, a Reuters poll show
Moody's slashes Spain debt ratings three notches
Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved eurozone plan to help Spain's banks w
GM's Opel, labour in talks to shut Bochum plant
General Motors' ailing European unit Opel aims to strike a deal with labour unions to close the Bochum plant after production of the Zafira Tourer van ends in exchange for guaranteeing German jobs thr
France wants U.N. to be able to enforce Annan plan
France will propose giving the United Nations the power to enforce Kofi Annan's Syrian peace plan, Foreign Minister Laurent Fabius said on Wednesday, adding that a no-fly zone was an option under cons
Dimon says losses indefensible, still reform skeptic
JPMorgan Chase & Co chief executive Jamie Dimon used his much anticipated appearance before lawmakers to apologise for the bank's multibillion-dollar trading loss but he also made clear he will still
Syrian army systematically killing civilians: Amnesty
Syrian government forces are killing civilians in organized attacks on towns and villages that amount to crimes against humanity, Amnesty International said on Thursday, citing evidence from over 20 l
Redknapp’s successful Spurs stay ends
Harry Redknapp will leave his role as Tottenham Hotspur manager, the club said on Thursday, bringing to an end a successful and eventful four-year spell with the English Premier League side.
RBI likely to cut rates, may ease liquidity
The Reserve Bank of India releases its mid-quarter monetary policy review on June 18, and weakening domestic and global economic conditions have added to the likelihood it will take action to boost gr
Tata Power to shelve new imported-coal projects
Tata Power has put on hold all new imported-coal based projects, its chief financial officer said, warning that it would be a challenge for the company to meet its target of a five-fold increase in ge