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NEW DELHI, India - After 16 years, the government is set to again allow foreign airlines to take stakes in Indian carriers later this week.
NEW DELHI, India - Indian government has initiated inter-ministerial consultation for allowing foreign airlines to buy equity in domestic carriers.
KYIV, Ukraine - Over the period of the last 12 months foreign direct investment to Ukraine has increased almost five times over.
North Korea announced a plan Friday to designate the Mt. Geumgang tourist region as an international tourism zone to attract foreign investment.
SAO PAULO, Brazil - Brazil's government is backing legislation to significantly boost the stake foreigners can hold in domestic airlines, the defense minister said Thursday.Nelson Jobim, whose ministry oversees civil aviation, said raising the limit on foreign ownership to 49 percent from 20 percent would increase competition and draw investment to help ease an air traffic crunch.