Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company's offshore tax structure said on Monday.

China’s second largest telecom gear maker, ZTE, is looking at the Indian market for growth this year as it look to recover last year’s USD 400 million losses.

China's decision to ease a boycott of some USD 11 billion in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognize its support over a trade row with Europe, a letter seen by news agency shows.

Two companies with major operations in India were the weak links that opened the door to a USD 45 million global cyber heist brought to light by US authorities this week.

Oil prices were up in Asian trade on Thursday as a surprise rise in German industrial production brightened the market's outlook for European and global growth, analysts said.

The bi-partisan group of eight US Senators has come out with eight killer provisions in its comprehensive immigration reform bill, which if passed by the Congress, may prove to be detrimental to the interests of major Indian IT companies.

The Dow closed above 15,000 for the first time on Tuesday and the S&P 500 ended at another record high, extending the market's rally as more investors rushed to join the party and German industrial data beat expectations.

World shares hit their highest level in almost five years on Tuesday as last week's strong US jobs report continued to fuel optimism about the health of the global economy.

Oil prices took a breather in Asian trade on Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.

Oil price was down in Asia on Tuesday as traders took profits from recent gains ahead of the May Day holiday, analysts said.