Business

Iran is lobbying to get HSBC (HSBA.L) to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters. Banks such as HSBC are responding...

The government of India is likely to raise the number of drugs deemed essential and subject to price caps, people directly involved in the process said. A panel formed by India's health ministry is meeting for the first time on...

The Swiss government has prepared a list of Indians who have parked un-taxed wealth in Swiss banks and the details are being shared with India. Correspondents say it is a major boost to India's fight against illicit money. India recently set...

European stocks fell on Monday after euro zone business activity data showed growth slowing, with France a notable laggard, in contrast with upbeat numbers from China that lifted Asian shares and the Australian dollar. Brent crude oil prices rose towards...

Honda Motor Co and other Japanese automakers on Monday recalled more cars with potentially explosive air bags supplied by Takata Corp, bringing the total recall so far to around 10.5 million vehicles over the past five years. The series of...

For decades, medical technology firms have searched for ways to let diabetics check blood sugar easily, with scant success. Now, the world's largest mobile technology firms are getting in on the act. Apple Inc, Samsung Electronics Co and Google Inc,...

The bid battle for France's Alstom has shifted in favour of General Electric. France's economy minister Arnaud Montebourg said that neither the GE bid, nor a joint Siemens-Mitsubishi Heavy Industries offer, met the government's demands. But the government had chosen to...

Google Inc's Nest Labs will buy home-monitoring camera startup Dropcam for about $555 million in cash, technology blog Re/code reported on Friday, taking another step deeper into consumers' homes. Nest and Dropcam confirmed the acquisition in separate blog posts on...

Lawyers say thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for “some of the largest oil spills in history.” The offer comes as a British court Friday ruled the oil company can be...

Oil traded at close to nine-month highs on Friday, on course for a second week of gains, as violence in Iraq raised worries over supplies. Stock markets remained upbeat. Buoyed by the billions of dollars the U.S. Federal Reserve is...