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Magnitude 6.6 quake hits Indonesia's Sulawesi island, causing panic

JAKARTA (Reuters) - A powerful earthquake struck an area southeast of the Indonesian city of Palu and nearest to the town of Poso on the island of Sulawesi on Monday, prompting people to flee from their homes though there was no tsunami warning issued, officials said. ...more
2017-05-30   23:56:03 IST

U.S. notifies WTO it may put emergency tariff on solar imports

GENEVA (Reuters) - The United States has notified the other 163 members of the World Trade Organization that it is considering the case for putting emergency "safeguard" tariffs on imported solar cells, according to a WTO filing published on Monday. ...more
2017-05-30   22:35:03 IST

Urban 'heat islands' seen doubling city costs for climate change

OSLO (Reuters) - Heat trapped by dark-coloured roads and buildings will more than double cities' costs for tackling global warming this century by driving up energy demand to keep citizens cool and by aggravating pollution, scientists said on Monday. ...more
2017-05-30   21:59:01 IST

Nepal eyes fastest economic growth rate in 23 years

KATHMANDU (Reuters) - Nepal said on Monday its economic growth for the fiscal year ending in mid-July was projected to be the highest in 23 years on the back of improved power supplies, agricultural production and higher spending on reconstruction work after earthquakes. ...more
2017-05-30   21:43:02 IST

Higher women's share in labour force to lift India growth rate: World Bank

NEW DELHI (Reuters) - India's economy could achieve double-digit growth if New Delhi pushes reforms to increase women's participation in the country's workforce, a World Bank report said on Monday. ...more
2017-05-30   21:18:02 IST

Reliance Communications' shares and bonds plunge as losses and debt woes mount

MUMBAI (Reuters) - Indian mobile carrier Reliance Communications' shares and bonds resumed their slide on Monday as concerns over its heavy debt load were reignited after a fourth-quarter loss that sent the company to its first full-year loss. ...more
2017-05-30   21:05:02 IST

India's BHEL fourth-quarter profit falls 57 percent, misses estimates

(Reuters) - State-run power equipment maker Bharat Heavy Electricals Ltd reported a 57 percent fall in fourth-quarter net profit on Monday, missing analysts' estimates. ...more
2017-05-30   20:36:03 IST

ECB to review improved growth, declining risks in June: Draghi

FRANKFURT (Reuters) - Risks to euro zone growth have declined further and the European Central Bank will be in position at its June 8 meeting to reassess the outlook for growth and inflation, ECB President Mario Draghi said on Monday. ...more
2017-05-30   20:36:03 IST

Oil India fourth-quarter profit falls 96 percent onone-time charge

(Reuters) - State-run Oil India Ltd posted a 96 percent fall in fourth-quarter profit, hurt by a one-time charge realised on the pre-discount and post-discount price of crude oil paid to a state government. ...more
2017-05-30   20:27:02 IST

Bangladesh raises highest danger warning as cyclone takes aim

DHAKA/AGALAWATTE, Sri Lanka/ (Reuters) - Bangladesh raised its storm danger signal to the highest level of 10 on Monday as a severe and intensifying cyclone churned towards its low-lying coast and was expected to make landfall in the early hours of Tuesday. ...more
2017-05-30   20:12:03 IST

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