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Apple Pay goes live  (21 October 01:46 am) 
Apple launches an ambitious new mobile service, Apple Pay, which aims to change the way consumers pay for goods and services, doing away with cash and traditional credit cards. Jeanne Yurman reports.
CALGARY Alberta (Reuters) - Brent crude fell below $86 a barrel on Monday as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low
Breakingviews: Bleak day at Big Blue  (20 October 11:46 pm) 
IBM took a big charge and paid to offload a business. Antony Currie and Robert Cyran explain why the company\'s decision to stick with a questionable strategy is the longer-term concern.
Oil slips below $86 on global oversupply  (20 October 10:15 pm) 
LONDON (Reuters) - Brent crude slipped below $86 a barrel on Monday, resuming a downward move that took the global oil benchmark to near a four-year low last week as supply overwhelmed weak demand in
French and German economy and finance ministers search for a new impetus to euro zone growth as they meet in Berlin. But with one country under pressure for wanting to spend too much and the other for
Fr/DE finmins seek new growth options  (20 October 10:46 pm) 
French and German economy and finance ministers search for a new impetus to euro zone growth as they meet in Berlin. But with one country under pressure for wanting to spend too much and the other
NEW YORK (Reuters) - Equity markets worldwide edged higher on Monday, lifted by gains in Japanese shares, while mixed performance in U.S. stocks after IBM\'s quarterly results disappointed helped keep
Black eye for Big Blue  (20 October 10:46 pm) 
IBM\'s quarterly profit plummeted more than 99 percent. Its CEO said IBM was \"disappointed in our performance.\" Fred Katayama reports.
Europe's locomotive hitting buffers?  (20 October 10:46 pm) 
Germany braces for more transport chaos as its pilots union extends a strike at Lufthansa to include long-haul flights after a weekend of disruption on the railways left millions of passengers
NEW DELHI (Reuters) - India moved on Monday to open up its coal industry to commercial mining, Finance Minister Arun Jaitley said, signalling the most serious shift in 42 years toward allowing private
NEW DELHI (Reuters) - India moved a step closer to selling a stake in a state-run oil company on Monday, keeping up Prime Minister Narendra Modi\'s momentum on economic reform after bringing the prices
MUMBAI (Reuters) - The Reserve Bank of India (RBI) on Monday released the minutes of the meeting of the sub-committee on Financial Stability and Development Council (SC-FSDC) held in August, for the
David Lubin, MD & head - emerging market economics at Citi, says that emerging markets (EMs) have held out better than global markets and are now adjusting to the end of stimulus in US. In an
NEW DELHI (Reuters) - The Reserve Bank of India (RBI) will not change its gold import rules, sources with knowledge of the matter said, responding to a report that the world\'s second-largest consumer
NEW DELHI (Reuters) - India moved a step closer to selling a stake in state-run oil company ONGC on Monday, keeping up Prime Minister Narendra Modi\'s momentum on economic reform after bringing prices
NEW DELHI (Reuters) - India\'s scrapping of diesel price controls opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because
Philips: Q3 loss, spin-off to happen  (20 October 09:46 pm) 
Dutch conglomerate Philips is pushing ahead with a spin-off of its lighting business despite Russia, China and a string of charges dragging it down to a net loss in the third quarter. David Pollard
NEW DELHI (Reuters) - Finance Minister Arun Jaitley said on Monday he personally believes the time is right to dilute nationalisation of the country\'s state-run coal industry, adding it is easier to
Idea Cellular Q2 profit up 69 percent  (20 October 06:15 pm) 
REUTERS - Idea Cellular Ltd, India\'s No.3 mobile operator, posted a 69 percent rise in quarterly profit after adding subscribers faster than its competitors and as its data plans attracted more users.
MUMBAI (Reuters) - The rupee gained for a second consecutive session on Monday after the ruling party\'s success in two state elections and the government\'s removal of diesel subsidies and a hike in
LONDON (Reuters) - Global stocks climbed on Monday, moving further away from eight-month lows hit last week, as strong U.S. data and encouraging third-quarter earnings eased concerns about the pace of
MUMBAI (Reuters) - The BSE Sensex and Nifty rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government\'s energy reforms led to a rally in oil firms,
LONDON (Reuters) - Gold snapped two days of losses to rise on Monday as renewed weakness in European stocks boosted interest in the metal as an alternative asset, though a tentative recovery in risk
MUMBAI (Reuters) - The BSE Sensex and Nifty rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government\'s energy reforms led to a rally in oil firms,
SINGAPORE/TOKYO (Reuters) - Iraq\'s State Oil Marketing Organization (SOMO) has proposed splitting its Basra Light crude supply into two grades and has requested feedback from buyers in Asia, trade