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SOUTH AFRICA

India's Flipkart raises US$1.4bn from Microsoft, eBay, Tencent

MUMBAI, India: India's top e-commerce company Flipkart announced on Monday it had raised $1.4 billion in a record funding round that shores up the online retail giant in its fight against Amazon...

11 Apr 2017

INDIA

Amazon's Jeff Bezos bets on India with $3bn investment

NEW DELHI - Amazon chief executive Jeff Bezos has pledged to invest $3 billion in India, in a big bet on the growth of online shopping in the fast-growing South Asian economy...

9 Jun 2016

INDIA

Coca-Cola sales fall on strong dollar, weak Europe demand

BENGALURU - Coca-Cola's sales fell for the fourth straight quarter as demand for its fizzy drinks declined in Europe and a strong dollar eroded the value of sales in markets outside the US, including Latin America...

By Yashaswini Swamynathan 21 Apr 2016

INDIA

India's Bharti makes $184m in three months

NEW DELHI, INDIA: India's top mobile phone firm, Bharti Airtel, reported almost 61% increase in profits - compared with last year - helped by less competition and a wider customer base.

31 Jul 2014

INDIA

Top India Bitcoin operator halts trade after bank warning

NEW DELHI, INDIA: India's biggest Bitcoin trading platform said on its website Friday it had suspended operations after the central bank warned against the risks of using virtual money.

30 Dec 2013

INDIA

1,7m applicants for 1,500 jobs

MUMBAI, INDIA: India's largest state-run bank has received 1.7m applications for just 1,500 entry-level clerical jobs and has promised to examine all of them, a report said on Tuesday (12 March).

13 Mar 2013

GERMANY

Mood of the World report shows most of world focuses on inflation

NUREMBURG, GERMANY: British consumers are facing the double whammy of still feeling the effects of recession even as rising costs fuel inflationary worries. They are not alone in the world, though, according to GfK Roper Consulting's 2011 Mood of the World Report, which is based on a global survey of more than 32 000 consumers ages 15 and older in 25 countries.

25 Aug 2011

UNITED KINGDOM

Financial services CEOs look to emerging markets to feed growth aspirations

LONDON, UK: Financial services companies need to look far beyond their domestic markets if they are to achieve their ambitious growth aspirations. This is according to the 14th annual PwC Global CEO Survey, which shows CEOs of financial services companies believe emerging markets are more important than developed markets to their organisation's future.

16 Feb 2011

UNITED STATES

Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.

27 Jan 2011

INDIA

Surge in traffic to Indian business, finance sites

MUMBAI, INDIA: In India, traffic to business and finance web sites surged 45% in past year as banking sites see strong growth as more Indians turn to the web for their personal financial needs.

23 Aug 2010

UNITED KINGDOM

Sustained business recovery on the cards as companies look to re-start investment

LONDON, UK: The latest Global Business Outlook Survey from KPMG International suggests that businesses are ready to begin investing again as the healthy optimism recorded earlier in the year holds firm. Overall, business optimism remains static but strong, with India and China leading the way; while UK and Spain are still less confident.

3 Aug 2010