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India's Infosys signs five-year AI deal with $2 bln target spend

India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion.

India , Bengaluru , Karnataka , Nivedita-bhattacharjee , Navamya-ganesh-acharya , Thomson-reuters-trust-principles , Tata-consultancy-services , Infosys , Reuters , Azure-open , Infosys-topaz , Thomson-reuters-trust

Singapore's clean reputation gets a timely test

Singapore could turn a governance crisis into an opportunity. Its transport minister S. Iswaran and Ong Beng Seng, the property billionaire credited with bringing Formula One to the city, were arrested and released on bail last week. The rare high-profile probe involving a public official by the hub’s anti-graft agency is a timely test of the Asian centre’s willingness to act tough on corruption.

Switzerland , Denmark , Beijing , China , Norway , New-zealand , Finland , Malaysia , Hong-kong , Singapore , Chinese , Swiss

Road traffic partially restored on Crimean Bridge - Russia deputy PM

Partial road traffic opened on one lane of the Crimean Bridge late on Monday, Russian Deputy Prime Minister Marat Khusnullin said on his Telegram channel.

Russia , Melbourne , Victoria , Australia , Ukraine , Crimean-peninsula , Krym , Avtonomna-respublika , Moscow , Moskva , Russian , Ukrainian

Japan, France to hold first-ever joint fighter jet drill next week - Japan air force

Japan and France will hold their first-ever joint fighter jet drill from July 26-29, Japan's Air Self-Defence Force said on Tuesday.

Japan , Tokyo , France , Japanese , Jacqueline-wong , Kiyoshi-takenaka , Thomson-reuters-trust-principles , Reuters , Air-self-defence-force , Thomson-reuters-trust , Cwp , Def

Russian fighter jet crashes into Sea of Azov near Russian coast - local officials

A Russian Su-25 fighter-bomber aircraft crashed into the Sea of Azov near the town of Yeysk on Monday, local officials said in a statement on social media.

Yeysk , Krasnodarskiy-kray , Russia , Moscow , Moskva , Ukraine , Russian , Vladimir-soldatkin , Caleb-davis , Kevin-liffey , Deepa-babington , Reuters

Exclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources

China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial sector, people with knowledge of the matter said.

Beijing , China , Canada , Australia , Hong-kong , Australian , Canadian , Chinese , Xie-yu , Selena-li , Reuters , Citic

Explainer: Can Thailand's Pita succeed in a second PM vote?

Thailand's parliament will hold a second vote on a new prime minister on Wednesday, more than two months since the liberal Move Forward Party's surprise election triumph over rivals allied with the military.

Bangkok , Krung-thep-mahanakhon , Thailand , Thai , Prawit-wongsuwan , Panarat-thepgumpanat , Robert-birsel , Srettha-thavisin , Paetongtarn-shinawatra , Forward-party , Constitutional-court , Thomson-reuters-trust-principles

Multilateral banks need major changes to boost lending - G20 panel

Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday.

India , Ghana , China , Zambia , Gandhinagar , Gujarat , Lawrence-summers , Simon-cameron-moore , World-bank , International-monetary-fund , Reuters , Thomson-reuters-trust-principles

Japan PM Kishida in Qatar for LNG talks

Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar on Tuesday for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.

Riyadh , Ar-riya- , Saudi-arabia , Russia , Japan , Doha , Ad-daw-ah , Qatar , Abu-dhabi , Abuz-aby , United-arab-emirates , Tokyo

China SMIC chairman resigns, replaced by chemical industry veteran

Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from China's largest chipmaker in recent years as it battles U.S. pressure.

Huayi , Shanghai , China , South-korea , Japan , Taiwan , United-states , Taiwanese , Chinese , William-tudor-brown , Chiang-shang-yi , Jason-neely