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Champions Trophy success hinges on execution for Kohli

(Reuters) - India will benefit from a fitter, more mature squad when they begin their defence of the Champions Trophy next month, but the team have little room for error because of the tournament's short format, skipper Virat Kohli said on Thursday. ...more
2017-05-26   23:54:02 IST

Rare retail bright spot boosts S&P, Nasdaq to records

(Reuters) - The S&P 500 and Nasdaq Composite were in record territory in late morning trading on Thursday, buoyed by strong earnings from the embattled retailer sector. ...more
2017-05-26   22:30:03 IST

Modi's generics-only drugs plan worries health experts, Indian pharma sector

MUMBAI (Reuters) - India's plan to bring in a law to ensure doctors prescribe medicines only by their generic names risks proliferating the sale of substandard drugs in a country where regulation is already lax, doctors and pharmaceutical executives say. ...more
2017-05-26   21:07:01 IST

Drug approvals bounce back as R&D labs churn out new winners

LONDON (Reuters) - The number of new drugs approved for sale in United States and Europe has bounced back this year, suggesting a marked slowdown in 2016 was an aberration rather than a sign of flagging research and development productivity. ...more
2017-05-26   20:36:02 IST

U.S. jobless claims edge up; goods trade deficit widens

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose less than expected last week and the four-week moving average of claims fell to a 44-year low, suggesting further tightening in the labor market. ...more
2017-05-26   20:36:02 IST

S&P, Nasdaq open at record highs after Fed minutes

REUTERS - The S&P 500 and Nasdaq Composite opened at record highs on Thursday after minutes of the Federal Reserve's latest meeting showed policymakers expected the economy to pick up momentum and that they would raise interest rates soon. ...more
2017-05-26   20:36:02 IST

Mexico's Bimbo enters India with 65 percent stake in Ready Roti

MEXICO CITY (Reuters) - Mexican breadmaker Grupo Bimbo said on Thursday it has entered the Indian market through a joint venture to acquire 65 percent of shares in Indian's Ready Roti India Private Limited. ...more
2017-05-26   20:36:02 IST

Police arrest 150 from BJP in Kolkata clashes

KOLKATA, India (Reuters) - The police arrested around 150 people protesting against a breakdown in law and order in Kolkata on Thursday, after street battles broke out during a march to police headquarters and police cars were set ablaze. ...more
2017-05-26   18:57:02 IST

OPEC extends oil output cut by nine months to fight glut

VIENNA (Reuters) - OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. ...more
2017-05-26   18:37:02 IST

Ford to name new heads for Europe, Asia - FT

REUTERS - Ford Motor Co, which earlier this week named turnaround expert James Hackett as its chief executive officer, will announce replacements for some of its key executive positions as early as Thursday, the Financial Times reported, citing sources. ...more
2017-05-26   18:37:02 IST

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