February 22, 2015 09:26 (IST)
Mr Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme.
February 20, 2015 17:36 (IST)
The ECB might have to pay way above market prices, or take additional measures to encourage investors to sell.
February 17, 2015 13:42 (IST)
The military budget will be announced at the start of the annual meeting of China's parliament on March 5. Last year, defence spending rose 12.2 per cent to $130 billion, second only to the United States.
February 17, 2015 10:59 (IST)
While the South Korean company's profit declined in 2014 for the first time in three years as its lead in smartphones was challenged by Apple Inc, investors were cheered by a 40 per cent dividend boost and its first share buyback since 2007.
January 30, 2015 08:01 (IST)
Gross merchandise volume (GMV), or the sum of all Alibaba's online commerce transactions, rose 49 per cent to $127 billion. Mobile GMV continued to grow, accounting for 42 per cent of total GMV, up from 36 per cent in the September quarter.
January 06, 2015 08:33 (IST)
Morgan Stanley said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.
December 18, 2014 19:52 (IST)
The company said it expects revenue growth of 5-8 per cent for the year ending August on a local currency basis, up from the 4-7 per cent growth it had estimated earlier.
December 18, 2014 17:22 (IST)
The two companies could merge or agree close cooperation, the magazine said, adding that talks had resumed in the European autumn.
Tokyo | October 24, 2014 08:13 (IST)
Honda said the latest recall was over two noise-related defects in the Fit and Vezel hybrids as well as some gasoline-engine Fit and N-WGN models. The automaker will also recall 251 cars overseas for the same glitch.
San Francisco | October 21, 2014 09:55 (IST)
The new iPhone, which comes in larger sizes and a heftier price tag, marks Apple's best product launch on record. That helped push overall smartphone sales to 39.27 million in the September quarter, beating the roughly 38 million some on Wall Street had anticipated.
October 15, 2014 07:43 (IST)
The third-largest US bank, built with a series of acquisitions spanning back to the 1980s, has been trying to slim down since the financial crisis to be as profitable as rivals. It has shed hundreds of billions of dollars of bad assets.
October 06, 2014 09:59 (IST)
The study by The Boston Consulting Group and totaljobs.com found respondents from 189 countries ranked London above New York and Paris, while Britain was second behind the United States as the most appealing country for international jobseekers.
New York | October 06, 2014 09:36 (IST)
Gross' position at Pimco had grown precarious in the months since El-Erian left. The firm's flagship fund, the Pimco Total Return Fund, run by Gross personally, was underperforming and bleeding assets through redemptions.
October 06, 2014 08:50 (IST)
Many investors and analysts have called for a break-up of the company, or a sale of the personal computer business, so that HP could focus on the more profitable operations of providing computer servers, networking and data storage to businesses.
San Francisco | July 30, 2014 07:55 (IST)
Stronger-than-expected results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
July 29, 2014 08:29 (IST)
Investment banks across Wall Street have tried to ease schedules of junior bankers. Institutions such as Bank of America Corp have outlined measures to ensure that analysts and associates are recommended to take a minimum of four weekend days off per month.
San Francisco | July 25, 2014 07:57 (IST)
Amazon reported a net loss of $126 million, or 27 cents per share in the second quarter, compared to a loss of $7 million, or 2 cents a share a year earlier. Total operating expenses rose 24 per cent to $19.36 billion.
July 15, 2014 10:34 (IST)
As Chinese e-commerce giant Alibaba expands beyond online retail, it is shaking up staid state banks -- and drawing regulators' attentions -- after 100 million customers poured more than $90 billion into its investment product.
Taipei | July 03, 2014 19:53 (IST)
Shares of HTC ended up 0.4 per cent ahead of the earnings release, in line with a rise in the benchmark index.
London | June 16, 2014 16:13 (IST)
Vodafone said it would offer 1.49 euros a share to buy out the shareholders in the Italian group. Cobra's majority shareholder Intek Group said in a statement it had agreed to tender its 51.4 per cent stake in Cobra for 74.3 million euros.