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India unveils $2.5 billion plan to electrify all households by end 2018

NEW DELHI (Reuters) - India's Prime Minister Narendra Modi on Monday launched a $2.5 billion project to electrify all of the country's households by the end of 2018. ...more
2017-09-26   22:55:01 IST

North Korea says U.S. 'declared war' warns it could shoot down U.S. bombers

UNITED NATIONS/BEIJING/SEOUL (Reuters) - North Korea's foreign minister said on Monday that President Donald Trump had declared war on North Korea and that Pyongyang reserves the right to take countermeasures, including shooting down U.S. bombers even if they are not in its air space. ...more
2017-09-26   22:43:02 IST

Gold dips as German election result knocks euro

LONDON (Reuters) - Gold fell on Monday as the prospect of a fractured parliament in Germany after Chancellor Angela Merkel's less than resounding election victory knocked the euro lower. ...more
2017-09-26   22:30:04 IST

Deloitte hit by cyber attack, says 'very few' clients impacted

LONDON (Reuters) - Global accountancy firm Deloitte said on Monday it had reviewed its systems following a cyber attack which it said had affected a small number of its clients. ...more
2017-09-26   22:30:04 IST

Wall Street lower as technology stocks drag

REUTERS - A selloff in technology stocks, led by Facebook and Apple, drove down major Wall Street indexes on Monday. ...more
2017-09-26   22:30:04 IST

ECB's Draghi growing confident about inflation rebound

BRUSSELS (Reuters) - The European Central Bank is growing increasingly confident that inflation will rise back to its target but patience is still needed, ECB President Mario Draghi said on Monday. ...more
2017-09-26   22:30:04 IST

Siemens likely to pick Alstom for rail merger: sources

MUNICH/FRANKFURT (Reuters) - German industrial group Siemens is likely to decide on Tuesday to pursue a multibillion-dollar rail merger with French rival Alstom rather than Canada's Bombardier, two sources familiar with the matter told Reuters. ...more
2017-09-26   22:30:04 IST

PM Modi forms economic council amid slowdown

NEW DELHI (Reuters) - Prime Minister Narendra Modi has set up a economic advisory council, the government said on Monday, as concerns grow about a slowdown in Asia's third largest economy. ...more
2017-09-26   21:44:02 IST

Merkel tries to build coalition after vote that puts far right in parliament

BERLIN (Reuters) - Germany's Angela Merkel began the tough task of trying to build a government on Monday after securing a fourth term as chancellor, urging the centre-left Social Democrats not the shut the door on a re-run of their "grand coalition". ...more
2017-09-26   20:55:01 IST

Apple set to weigh on Wall Street; Fed speakers in focus

REUTERS - U.S. stocks were set to open slightly lower on Monday, weighed down by a drop in Apple shares and heightened expectations of another interest rate hike this year following comments from a Federal Reserve official. ...more
2017-09-26   20:31:02 IST

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