LONDON, June 3 (Reuters) - Many of Thames water's bonds slumped to record lows on Tuesday after private equity firm KKR said it was dropping out of a rescue deal that would have seen it inject 3 billion pounds of equity into Britain's biggest water provider. KKR's withdrawal sent Thames' 2040 bond down 4 pence in the pound to 69...

BEIJING (Reuters) -China's Xiaomi ( XIACF ) founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half the year, according to a company spokesperson. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

NEW DELHI (Reuters) -Trade negotiations between the United States and India are making progress and a deal could be finalised soon, U.S. Commerce Secretary Howard Lutnick said on Monday, as both sides push to conclude talks ahead of a July deadline. You should expect a deal between United States and India (in the ) not-too-distant future because I think we...