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India has failed to find a buyer for its ailing national airline. Selling Air India was one of the government’s economic priorities for this year, and the failure of the auction will dampen hopes that it could privatize other state-owned

India’s high-profile offer to sell a stake in Air India failed to attract a single bidder by the Thursday deadline, dealing a blow to Prime Minister Narendra Modi’s target for offloading stakes in government-held firms. The no-show by buyers in

AT THE annual World Series of Poker, which begins this week in Las Vegas, the main event is the no-limit Texas hold ’em tournament. In the course of two weeks of gruelling knock-out play, several thousand players are whittled down

THE single-storey main branch of the Texas Hill Country Bank, in Kerrville, sits at the back of a tired shopping centre, in the shade of a six-storey Wells Fargo building. When Roy Thompson, the chief executive, was hired (from Wells)

HERE we go again. Financial markets don’t much like uncertainty. Thanks to Italy’s politicians, in recent days they have had plenty. By May 30th some calm had returned: it seemed possible that a pair of populist parties, the Five Star

BENGALURU (Reuters) – Indian stocks are expected to erase recent losses and rise a little this year, but an array of political developments at home and overseas along with just a steady economic growth outlook will likely restrain the market,

Ken Langone, the entrepreneur who helped start Home Depot forty years ago, thinks the US economy is “fabulous” and now firmly back on track following the 2008 financial crisis. In an interview with CNN’s Christine Romans, Langone said he’d give

NEW DELHI (Reuters) – India likely retained the position of world’s fastest growing major economy in the January-March quarter, surpassing China’s growth of 6.8 percent, driven by gains in manufacturing and consumer spending. The median in a Reuters poll on

In the latest development in U.S.-China trade tariff talks, President Donald Trump’s trade adviser Peter Navarro is disputing the words of his less protectionist colleague, Treasury Secretary Steven Mnuchin. That comes after Mnuchin said that the U.S. and China trade

Microsoft CEO Satya Nadella can brag to Bill Gates that the company’s stock price has never been higher during Microsoft’s 32-year history as a public company than it is now. And Microsoft’s market value just passed rival Google’s too. Shares