After betting strongly on Indian bonds last year, foreign investors are cutting their holdings as a tumbling rupee erodes their returns and economic risks cloud the outlook of a once-hot emerging market play.

Uber may be the world's biggest ride-hailing company but it was left in the dust in Southeast Asia by homegrown upstart Grab, which knew better how to navigate the chaotic highways and byways of an eclectic region.

China on Monday promised to address India's concerns about the trade deficit between the two countries, the Indian trade ministry said, adding that New Delhi has also sought greater market access for products like rapeseed, soyabean, rice and sugar.

The Iranian rial fell to a record low on Monday, breaking through the 50,000-to-the-dollar mark for the first time as analysts blamed uncertainty from Washington.

Britain is failing to live up to its promise to lead the world in ending modern slavery as nearly half of the government's biggest suppliers are flouting a landmark anti-slavery law, analysts said on Thursday.

Tata Steel has offered to pay a little more than 350 billion rupees ($5.4 billion) to lenders of Bhushan Steel & Power to take over the bankrupt steelmaker, a source with direct knowledge of the deal said.

Indian conglomerate Reliance Industries said Friday it was integrating its music app with sector leader Saavn in a $1 billion deal that shows the high hopes for streaming in the billion-plus market.

A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.

Facebook Chief Executive Mark Zuckerberg apologized to Britons on Sunday over a “breach of trust”, taking out full page advertisements in British newspapers after a political consultancy got its hands on data on 50 million users.

China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday.

China's opening up is self-initiated and will not be forced by pressure from other countries, the country's commerce ministry said on Sunday on its official Wechat account.

China's new finance minister on Sunday vowed to push ahead fiscal reforms, including changes in tax on manufacturing and transportation, to support the government's goal of “high-quality” growth.

Luxury carmaker Jaguar Land Rover will use BlackBerry Ltd's infotainment and security software in its vehicles, the companies said on Thursday.

Growth in eurozone business activity grew at its slowest rate for over a year in March, a key survey showed on Thursday, signalling that the economic recovery in the single currency area's was losing momentum.

British retail sales rebounded in February from the previous month, boosted by growth in food and online purchases, official data showed on Thursday.

Confidence among German businesses fell back in March, a regular survey showed Thursday, with managers' mood clouding over as the threat of a transatlantic trade war draws nearer.

Shares of Facebook Inc fell 1.5 percent in premarket trading on Thursday as an apology from Chief Executive Mark Zuckerberg failed to quell Wall Street nerves about the company's handling of a row over user privacy.

First-time claims for US jobless benefits rose modestly last week but were still at historically low levels, pointing to the continued health of labor markets, government data showed Thursday.

China blamed US export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world's two biggest economies as US tariffs loom.

China gingerly raised a key short-term interest rate on Thursday following the US Federal Reserve Bank's move overnight, in a symbolic reminder that Beijing is keeping an eye on global market trends even as it cracks down on financial risks at home.