Bhavani Castro SPECIAL TO EMIRATES BUSINESS Indian Prime Minister Narendra Modi recently embarked on an impressive five-nation tour that included countries as diverse as Afghanistan and Mexico. Modi’s international travels have rendered fruitful results, bolstering diplomatic ties and giving India more visibility in the international community. The six-day tour included visits to Afghanistan, Qatar, Switzerland, the United States, and ...

  Bloomberg The European Central Bank is about to find out how attractive its offer to pay lenders to lend really is. Starting tomorrow, euro-area banks can bid for a four-year loan from the ECB at an interest rate that begins at zero and could ultimately be negative. The net take-up, after institutions repay their borrowings from an earlier and ...

  AFP France’s biggest insurer Axa has lowered its earnings target for the next few years and is seeking to cut costs as low interest rates take their toll on the industry’s profits. Axa, which is to unveil its new strategic plan Tuesday, said it now eyed an average annual increase in underlying earnings per share of between 3 and ...