Virus crisis an opportunity to reshape climate reponse: IEA

Only massive investment in clean energy can help overcome the economic crisis caused by the novel coronavirus pandemic while setting the world on a path to meeting its objectives to slow climate change, the International ...

COVID-19 'should not necessarily foreshadow an economic downturn'

Market hysteria over coronavirus may have seen hundreds of points wiped off indexes around the world this week, but Oxford University experts maintain the COVID-19 crisis should not necessarily foreshadow an economic downturn.

Infosys shares surge on stronger revenue forecast

Leading Indian IT outsourcer Infosys posted higher quarterly profit and raised its revenue projection for the year on Friday after gaining more than 50 international clients.

India's startups lacking guardian 'angels'

It is seen as a land of entrepreneurs, economic growth and huge business potential, but India appears to be failing its promising startup companies which are struggling to find investors.

EU states urge lawmakers to back pollution credit plans

Six EU states, including powerhouse Germany, called on European lawmakers Friday to back efforts to revive a faltering market in pollution credits so as to bolster the bloc's fight against global warming.

Audit slams S.Korea's $20 bln river project

South Korea's state auditor on Friday panned President Lee Myung-Bak's $20 billion effort to dredge, dam and beautify four major rivers, saying it was riddled with costly flaws.

STMicroelectronics to exit Ericsson joint venture

Europe's largest chipmaker, STMicroelectronics NV, said Monday it plans to exit its money-losing joint venture ST-Ericsson, as it struggles to manage a downturn in global demand.

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