Edition:
United States

Sankalp Phartiyal

In Sri Lanka, a polarizing politician reaches out to minorities but suspicion lingers

Sep 01 2019

BERUWALA, Sri Lanka Sri Lanka presidential candidate Gotabaya Rajapaksa has been a polarizing figure for much of his political life. It is an image he is trying to change.

Exclusive: India to woo foreign firms like Apple to capitalize on U.S.-China trade war

Aug 29 2019

NEW DELHI India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters.

Xiaomi banks on phone data for finance play in India

Aug 23 2019

JAKARTA/MUMBAI China's Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges.

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

Aug 12 2019

MUMBAI/COLOMBO India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that deepens the offerings of its Jio telecoms unit while posing a direct challenge to rival cloud services providers such as Amazon.com and Alphabet's Google .

Sri Lanka wartime defence chief Gotabaya Rajapaksa launches presidential bid

Aug 11 2019

COLOMBO Sri Lanka's main opposition party named a hardline former defence chief as its presidential candidate on Sunday, seeking to capitalise on public clamour for a decisive leader after deadly Easter day bombings.

Sri Lanka risks losing debt market access if future government policy changes

Aug 09 2019

COLOMBO Sri Lanka could lose access to global debt markets if a new government shifts away from the country's current fiscal policy that's aimed at shoring up the economy and managing inflation, a central bank official said on Friday.

SriLankan Airlines to post loss of up to $160 million due to Easter attacks -CEO

Aug 07 2019

COLOMBO Sri Lanka's state-run airline is set to report a loss of up to $160 million (£131.70 million) loss this year, as tourism in the island nation suffers following the Easter bombings, the carrier's chief executive said.

UPDATE 1-SriLankan Airlines to post loss of up to $160 mln due to Easter attacks -CEO

Aug 07 2019

COLOMBO, Aug 7 Sri Lanka's state-run airline is set to report a loss of up to$160 million loss this year, as tourism in the island nation suffers following the Easter bombings, the carrier's chief executive said.

Indian court asks central bank to confirm WhatsApp's compliance with local data rules

Aug 02 2019

MUMBAI India's top court has given the central bank six weeks to report on whether WhatsApp had complied with data localization norms as the Facebook-owned messenger gears up to launch a payments service in the country, a person involved in the matter said.

India's Wipro tops profit forecast on demand from key clients

Jul 17 2019

BENGALURU/MUMBAI Indian software services exporter Wipro Ltd reported a 13% rise in first-quarter profit thanks to robust demand from financial clients and said its main information technology business could show modest growth in the current quarter.

World News