India’s Modi promises U.S. business chiefs stable tax regime
NEW DELHI (Reuters) – Prime Minister Narendra Modi promised a stable and predictable tax regime in India during a meeting with Indian and U.S. corporate leaders on Monday.
India-U.S. nuke deal could help clear project logjam – Westinghouse CEO
NEW DELHI (Reuters) – A civil nuclear pact struck at summit talks between Indian Prime Minister Narendra Modi and U.S. President Barack Obama could help clear a logjam of stalled projects, the head of U.S. nuclear power plant maker Westinghouse told Re…
Reinsurers Axis Capital, PartnerRe to merge in $11 billion deal
NEW YORK (Reuters) – Axis Capital Holdings Ltd and PartnerRe Ltd have agreed an $11 billion merger to create one of the world’s largest reinsurers, responding to intensifying consolidation pressure in the industry.
Lenovo’s Motorola looks to take market share from China rivals
BEIJING (Reuters) – Motorola, the mobile handset maker bought by China’s Lenovo Group Ltd from Google Inc for $2.9 billion, is optimistic about its prospects in the Chinese market, its president told Reuters.
NY insider trading ruling tests prosecutors beyond Wall Street
NEW YORK (Reuters) – A court ruling that sharply curtailed the ability of prosecutors including Manhattan U.S. Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators’ abilities across the country.
Futures drop on concerns over Europe
NEW YORK (Reuters) – U.S. stock index futures dipped on Monday after a victory by the leftist Syriza party in Greece raised concerns about new instability in the euro zone.
Post Holdings to buy cereal maker MOM Brands for about $1.15 billion
(Reuters) – Cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for about $1.15 billion in cash and stock to expand in the bagged and hot cereal categories.
European markets shake off Syriza win in Greece
LONDON (Reuters) – The euro and European shares and bonds shook off worries on Monday over Greek election winner Syriza’s pledge to take on international lenders, a strong sign of confidence in the ECB’s new money-printing programme.
Samsung Electronics to be main chip supplier for next iPhone: South Korea paper
SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc’s next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.
IMF’s Lagarde rules out special treatment for Greece
PARIS (Reuters) – Greece must respect the euro zone’s rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine Lagarde said in a newspaper interview on…
