Supermarket giant Tesco on Wednesday announced plans to cut 1,200 of its head office positions as part of ongoing cost-cutting at Britain's biggest retailer.

Vietnam's economy bounced back in the second quarter posting a 6.17 percent growth rate, according to official figures Thursday, a boost driven by gains in the industrial and services sectors.

Paris takes a step closer Thursday to fulfilling its ambition of becoming Europe's technology capital when President Emmanuel Macron inaugurates Station F, the world's largest start-up incubator on the banks of the Seine.

The euro led a broad advance in currencies against the greenback Thursday after a string of central bankers hinted at an end to loose monetary policies that have been in place since the financial crisis.

India is bracing for upheaval as it storms ahead with its most ambitious reform in decades -- transforming the world's fastest growing major economy into a single market for the first time.

Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough IMF-backed reform programme.

Samsung plans to invest $380 million and hire nearly 1,000 workers for a new plant in South Carolina to manufacture home appliances, the company announced Wednesday.

While new car sales have slipped from 2016, robust demand for used vehicles means US car dealerships will still see strong sales this year, industry analysts said Wednesday.

Samsung Electronics officially announces that the company will build a home appliance factory with US$380 million worth of investment in South Carolina, marking the company’s first major investment in the US since it relocated production facilities for US exports to Mexico in the early 1990s.

India is the world's largest milk producer, with 18 percent of global production, followed by the US and China. But when it comes to milk export, Thailand is the largest milk exporter in Asia.

Airbus and Boeing wheeled out the usual round of order announcements at the Paris Air Show on Wednesday, but alongside the big ticket purchases, the aerospace rivals are also eyeing the lucrative maintenance and servicing market as they seek to boost growth.

Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash.

New Zealand's central bank left its base rate at a record low of 1.75 percent Thursday, saying long-term inflation forecasts remained on target.

Oil slid back toward multi-month lows on Thursday, after a brief recovery early in the session, as traders warily eyed a glut of physical supply that has persisted despite Opec-led efforts to balance the market.

A leading lobby group for India's IT industry on Thursday forecast the sector's export revenues to grow at 7-8 percent for the year to March, around the growth levels seen last year, as the industry faces continued headwinds from the US market.

Sales of existing homes rebounded in May after April's surprise dip, and prices edged higher, according to industry figures released Wednesday.

The head of Taiwan's tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it preferred another group of bidders to acquire its prized chip business.

Takata Corp will seek bankruptcy protection from creditors on Monday, two sources said, as the Japanese company faces billions of dollars in liabilities stemming from the biggest recall in automotive history.

European tax planners who help rich clients, including sports stars, evade the tax man will risk hefty fines, according to EU plans unveiled on Wednesday.

Takata shares plunged again Wednesday, losing almost half of their value in just three days of trading on reports the troubled Japanese