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India's central bank head Raghuram Rajan to step down

Raghuram Rajan, lauded for defusing a grave currency crisis, faced harsh criticism from a faction of the ruling BJP.

Read more: India's central bank head Raghuram Rajan to step down

   

Iran reaches deal to buy 100 new Boeing planes

The agreement, which aims to renew Iran's aged passenger planes, is awaiting final approval by US Treasury authorities.

Read more: Iran reaches deal to buy 100 new Boeing planes

   

Brazil 'to give Rio $850m' in aid for Olympic Games

Rio de Janeiro is to receive emergency funds to pay for infrastructure and security during August games, reports say.

Read more: Brazil 'to give Rio $850m' in aid for Olympic Games

   

Rio declares financial emergency ahead of Olympics

State of Rio de Janeiro has requested federal funds, less than two months away from the Olympic Games.

Read more: Rio declares financial emergency ahead of Olympics

   

Lootings soar in Venezuela amid food scarcity

More than 10 incidents occur daily, local group says, in a country reeling from economic crisis and high inflation.

Lootings soar in Venezuela

Read more: Lootings soar in Venezuela amid food scarcity

   

Didi Chuxing, China's rival of Uber, raises $7bn

Didi Chuxing, which operates in about 400 cities, attracts Apple and China Life Insurance in second round of financing.

Read more: Didi Chuxing, China's rival of Uber, raises $7bn

   

UK: George Osborne warns of tax hikes in case of Brexit

Spending cuts will also follow if Britain votes to leave the European Union, says George Osborne, as referendum nears.

Read more: UK: George Osborne warns of tax hikes in case of Brexit

   

Tech giant Microsoft agrees to buy LinkedIn for $26.2bn

The US software firm to acquire professional social networking site, which has some 433 million members worldwide.

LinkedIn

Read more: Tech giant Microsoft agrees to buy LinkedIn for $26.2bn

   

Swiss voters 'reject basic income grant for all'

National projections suggest voters rejected proposal to provide universal basic income grant to all citizens.

income grant

Read more: Swiss voters 'reject basic income grant for all'

   

Women react to Saudi's $3.5bn Uber cash injection

As Saudi invests in app, women question Uber's claim that it offers "extraordinary mobility that didn't exist before".

Uber

Read more: Women react to Saudi's $3.5bn Uber cash injection

   

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