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eBay plans to spin off PayPal in 2015

EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.

‘UK’s European Union exit won’t break my heart’

David Cameron

Prime Minister David Cameron said on Tuesday he would not be heartbroken if Britain left the European Union because he felt little attachment to a relationship he said was not serving British interest

Singareni Collieries to open biggest mine

India’s second-largest coal producer Singareni Collieries will open the country’s biggest underground mine next month with a capacity of 2.8 million tonnes per year, which should help the firm edge pa

Higher Chinese wages hit global retail

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Changing economic cycle in China to disrupt Western markets

Hong Kong democracy protesters defy Beijing

Pro-democracy protesters (above) gather and walk along roads near the government headquarters in Hong Kong on Monday. 	— AFP

Hong Kong democracy protesters defied volleys of teargas and police baton charges to stand firm in the centre of the global financial hub on Monday, one of the biggest political challenges for China s

US may keep secret prisoners in custody

The fate of a group of prisoners held in near-total secrecy by US forces at a prison in Afghanistan is hanging in limbo, the facility’s commander said, as Washington gropes for options after its legal

Pope hails Benedict, elderly at Vatican

Pope Francis (right) greets Pope Emeritus Benedict XVI at the end of a meeting with elderly faithful in St. Peter’s Square - AP

Elderly people, including former Pope Benedict, attended a gathering of the wise and wrinkled at the Vatican on Sunday, where Pope Francis denounced the neglect and abandonment of the old as “hidden e

Alibaba pays $459 million for stake in Chinese hotel tech Company

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Alibaba Group Holding Ltd has bought a 15 percent stake in hospitality technology

Your Xiaomi phone may be giving away your personal information

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The news prompted howls of protest and an investigation by Taiwan's government

Vadodara tense after religious clashes, 140 arrested

Police lob tear gas shells to control clashes between two different religious groups in Vadodara on Thursday. (Photo: AP)

Police in Vadodara have arrested 140 people after two men were stabbed during violence between Hindus and Muslims that left more than a dozen injured and was triggered by an image posted on Facebook,

Prime Minister Narendra Modi greeted the Indian diaspora in New York with a grand promise: “India will touch new heights.” The crowd of 20,000 Americans of Indian origin erupted in re

Egos or simple ambition? Expediency or strategy? Betrayal or good, old-fashioned politics? What lies behind the big splits in Maharashtra, virtually at the 11th hour before the elections?