World Business News

The International Air Transport Association (IATA) has called for the United Nations to broker a deal between airlines and the European Union (EU) on the EU Emissions Trading Scheme.

NEW DELHI: In a first of its kind move, Bangalore Metro Rail Corporation Limited (BMRCL) is set to issue tax-free 'Metro' bonds to raise money from the market to finance its expansion plan which is under consideration of the finance ministry.

Oracle, once wary of Web-based applications, has now embraced the cloud. On Thursday, the technology giant agreed to buy Taleo, a maker of online human resources software, for $1.9 billion.

Indian industrial production (IIP) likely grew at a weaker annual rate of 3.4 percent in December, down from November's 5.9 percent, on slowing infrastructure output and domestic demand, according to a Reuters poll.