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  • Spotify launches visual content in multimedia push ahead of IPO
    on January 18, 2018 at 6:52 pm

    (Reuters) - Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company said on Thursday, expanding beyond music ahead of taking itself public. […]

  • Crisis-hit Venezuela's oil output plummets in 2017 to decades low
    on January 18, 2018 at 6:51 pm

    HOUSTON/CARACAS (Reuters) - Venezuela's crude oil production fell nearly 13 percent last year, according to figures released by OPEC on Thursday, hitting a 28-year annual low that points to a deepening economic crisis and increased chances of a debt default. […]

  • Exclusive: Blackstone's Hill hands hedge fund reins to McCormick
    on January 18, 2018 at 6:15 pm

    BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton. […]

  • Britain's banks provide support for firms hit by Carillion collapse
    on January 18, 2018 at 6:15 pm

    LONDON (Reuters) - Britain's biggest banks have announced a range of measures to support firms and contractors hit by the collapse of construction outsourcing company Carillion. […]

  • India to cut tax rates on some goods, services from January 25
    on January 18, 2018 at 6:14 pm

    NEW DELHI (Reuters) - India will cut rates on some products and services under the new Goods and Services Tax (GST), the finance minister said on Thursday, in a bid to encourage greater compliance as revenues have dipped since the landmark reform was announced in July. […]

  • Exclusive: India plans to raise health spending by 11 percent in budget; less than requested
    on January 18, 2018 at 6:10 pm

    NEW DELHI (Reuters) - India is poised to raise its public health spending by 11 percent in the annual budget next month, after rejecting Health Minister J.P. Nadda's demand for a much bigger increase to ramp up disease control, according to government sources and documents. […]

  • Yes Bank third-quarter profit rises 22 percent
    on January 18, 2018 at 2:00 pm

    (Reuters) - Indian private sector lender Yes Bank Ltd reported a 22 percent rise in third-quarter net profit, slightly above analysts' estimates. […]

  • Exclusive: Japan in driver's seat for Indian bullet train deals
    on January 18, 2018 at 1:23 pm

    NEW DELHI/TOKYO (Reuters) - Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy - a push to 'Make in India'. […]

  • Bharti Airtel third-quarter profit misses forecasts
    on January 18, 2018 at 1:18 pm

    (Reuters) - India's biggest mobile carrier Bharti Airtel Ltd reported a smaller-than-expected quarterly net profit after the country's telecoms regulator more than halved interconnection fees last year. […]

  • India to set up $350 million fund to finance solar projects
    on January 18, 2018 at 6:29 am

    NEW DELHI (Reuters) - India will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country steps up efforts to achieve its ambitious target of adding 175 gigawatts (GW) in renewable energy by 2022. […]

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