Gold Set to Drop as Soft Oil Prices Curb Demand for Inflation Hedge
Swiss gold referendum to influence yellow metal prices next week.
Medtronic Secures Conditional EU Clearance for $43bn Covidien Takeover
Medtronic has also received conditional US FTC approval for the buy.
India Gets New Shariah-Compliant Equity Fund
India is home to 175 million Muslims, the largest Muslim minority population in a country around the world
India Could Reduce Stake in State-Run Banks to 52%
Stake sale could help New Delhi rake in a little over $14bn.
Japan: Inflation Slows for Third Straight Month in October
The core CPI, which excludes unstable fresh food but includes oil products, rose 2.9% in October.
Opec Meeting: Venezuela Backs Output Cut as Prices Tumble
Oil futures extended losses amid speculation that Opec will not cut output.
Citigroup Compares Gold to Bitcoin and Says Swiss Vote on Assets Makes No Sense
If the Swiss gold proposal wins a majority, it could spark a global gold rush.
Toyota Recalls More Vehicles Over Deadly Takata Airbags
Over 16 million vehicles have been recalled globally since 2008 over Takata's airbag inflators.
Opec Unlikely to Cut Output Despite Oil Price Plunge
Failure to cut output will herald a price war that Gulf producers can withstand but Venezuela and Iran cannot.
Uber's Latest Funding Round Could Value Firm at Upto $40bn
Uber is close to raising at least $1bn from new and existing investors to finance its international expansion.
India Expected to Report Second-Quarter Slow Down
Growth was probably hit by slowing industrial activity and delayed monsoon rains that hurt farm output.
China Mulls Suing "Economic Fugitives" in the US
The move comes as Beijing faces challenges in seeking the return of people suspected of committing economic crimes.
Bankers Set Date for Citgo Bids Despite Venezuela Ruling Out Sale
Sale of Citgo assets could help Petroleos de Venezuela SA rake in about $10bn.
China to Pay for India's High-Speed Rail Study
Much of India's rail network is now slow and heavily congested.
Samsung Electronics Bags $3bn Vietnam Project License
Decision to invest in a second factory brings Samsung's total investment pledges in Vietnam this year to about $11bn.
Honda May Face Record US Fine for Under-Reporting Serious Accidents Since 2003
Honda says it is taking steps to fix shortcomings in its legal reporting processes.
Opec Must Cut Production or Oil Will Fall to $60 a Barrel
Brent crude futures have shed a third since June and hit a four-year low of $76.76 a barrel on 14 November.
India: Jindal Steel Drops $10bn Project after Coal Setback
Coal-to-diesel project was aimed at enhancing India's energy security.
Asian Markets Jump as China Rate Cut Boosts Optimism
But Capital Economics warns the impact of the PBoC move on Chinese GDP growth 'will be small'.
Aviva's Planned £5.6bn Takeover of Friends Life Makes Sense: Investors
Planned merger reflects a need to consolidate and cut costs in the UK's insurance industry.
China Prepared to Cut Rates Again as Deflation Fears Mount
Lawmakers worried that a sharp economic slowdown may hit employment and dent public support for reforms.
Crude Oil Ends Weeks-Long Decline on China Rate Cut
China's central bank has cut interest rates in a bid to boost growth in the world's second-biggest oil consumer.
Aviva Closes In On £5.6bn Deal to Acquire Friends Life
Brokerage Panmure Gordon downgrades Aviva following announcement.
Gold Set to Rise on Momentum Built Post PBoC Rate Cut
Traders to track GDP data coming in from the eurozone and from India, alongside 30 November's Swiss gold referendum.
China Central Bank Provides Cash Ahead of Next Week's 1tn Yuan IPO Bonanza
People's Bank of China will provide liquidity support through multiple monetary policy tools.
India to Spend Over $5bn to Combat Power Theft
Cutting electricity theft and reducing transmission losses are part of Prime Minister Narendra Modi's policy plank.
Takata Executive Hiroshi Shimizu Warns of Inability to Replace Fatal Airbags
About 16 million cars with potentially deadly Takata airbags have been recalled globally.
Valeant Looks at $2bn Securities Buyback After Losing Allergan Bid
Valeant's stocks surged 29.58% in Toronto trade and 21.53% in New York trade this year.
Singapore Moves to Regulate Uber and GrabTaxi
Owning a car in Singapore is expensive and people rely on public transport and taxis to get around.
Shanghai-Hong Kong Stock Link at Trickle Just Days After Debut
Both northbound and southbound flows are way below the daily permissible limit.