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China's Alibaba plans to launch $15-bn Hong Kong listing by Nov-end

The company had been working on an August listing in Hong Kong but the transaction was put on hold due to anti-government protests in the city creating financial and political uncertainty

Mahindra and Mahindra Q2 net down 27% on sales drop amid auto slowdown

Last month, larger rival Maruti Suzuki India flagged 30.2% slide in unit sales for the September quarter.

Banks ease bad debt problem by write-offs, underlying problem not resolved

The write-offs illustrate the urgent problem of bad loans as borrowers struggle to service, let alone pay-off, their debt in a stuttering economy

Suzuki dials back on promise of India's auto market, and it is not alone

India's auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers' buying power

Oil prices rise above $62 a barrel on hopes for US-China trade deal

China and the United States have agreed in the past two weeks to cancel tariffs in different phases, the Chinese commerce ministry said on Thursday without giving a timeline

Wall Street hits fresh record high on fresh US-China trade deal hopes

China said it had agreed with the United States to remove tariffs in phases, while state-owned Xinhua News Agency said Beijing was also considering removing restrictions on poultry imports

Airbus extends lead over Boeing with 415 airplane sales in October

The European planemaker also announced on Thursday deals including 12 orders for its A330neo passenger jet from an unidentified buyer

A 'green interest rate?' Fed digs into economic impacts of climate change

A 'green interest rate' is one of the ideas on view Friday as the San Francisco Fed convenes the U.S. central bank's first-ever conference on climate change and economics

KKR targets record $15 billion for new Asia-focused buyout fund in 2020

The fund size and fundraising schedule have not yet formalised and the plan is subject to change

After Google's Fitbit deal, Europe's antitrust chief fears for data privacy

Google's Fitbit deal requires EU regulatory approval

US-China tariffs rollback has potential to improve growth outlook: IMF

China's commerce ministry said the countries have agreed to cancel tariffs in phases

Airbus reshuffles supply chain management in China amid delays: Report

Staff have been told that Klaus Richter, chief procurement officer, is stepping down from his post at the Franco-German-led company to "pursue other professional challenges," source ssaid

Nielsen to split its media, ads unit into 2 separate publicly traded firms

The move, which is backed by one of its biggest shareholders Elliott Management, sent the company's shares up 5% in premarket trading

Lufthansa ready for arbitration to resolve long-running staff dispute

UFO for now will not prolong the two-day strike at Lufthansa's core brand

KKR targets record $15 billion for new Asia-focused buyout fund: Report

A fund of that size would break the New York-based private equity firm's own 2017 record of a $9.3 billion fund and comes as buyout groups are increasingly focusing on Asian investments

Govt not planning to help banks rescue shadow lender DHFL: Report

A consortium - led by Union Bank (UNBK.NS) and State Bank of India (SBI.NS) - was set up to restructure DHFL's (DWNH.NS) debt a month after it first defaulted in June

ArcelorMittal beats estimates in Q3, trims forecast for steel demand

The company, which produces around 5 per cent of global steel, said it now expected its own shipments to be stable this year

Govt may ignore banks' request for help in rescuing DHFL: Report

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June

IndiGo inks codeshare pact with Qatar Airways for Delhi-Doha flights

The agreement will enable Qatar Airways to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad, the companies said

Slowing Indian economy spells tough times ahead for the rupee: Poll

After falling nearly 9 per cent in 2018, the Indian currency has shed another 4 per cent this year to touch a 2019 trough of 72.40 per dollar on Sept 3