July 03, 2015 10:56 (IST)
Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a US judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc.
July 03, 2015 08:04 (IST)
The agreement adds to the $43.8 billion that BP had previously set aside for criminal and civil penalties and cleanup costs.
June 01, 2015 20:52 (IST)
By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used, among other things, to speed up Web-searches.
May 19, 2015 07:35 (IST)
Athens has been defending its "red lines" in talks with lenders, refusing to yield on further pension cuts and more labour market liberalisation to clinch a deal that would release remaining bailout aid, despite a pressing cash crunch.
May 14, 2015 16:07 (IST)
The company, which also operates in South Africa, Namibia, Liberia, Ireland and Australia, said earnings before interest, tax, depreciation and amortisation for the year ended March 31 fell to $3.74 billion.
May 14, 2015 10:28 (IST)
For most people, pleading guilty to a felony means they will very likely land in prison, lose their job and forfeit their right to vote.
May 12, 2015 18:31 (IST)
AOL was a technology behemoth in 2000 when it bought Time Warner for more than $160 billion. That deal became a disaster and AOL was spun off from Time Warner in 2009 and was listed on the New York Stock Exchange at a value of $3.4 billion.
April 30, 2015 07:38 (IST)
The San Francisco-based company also missed Wall Street revenue estimates by nearly $20 million, according to Thomson Reuters I/B/E/S data
April 22, 2015 07:51 (IST)
For the first quarter, Yahoo said display advertising revenue rose 2.3 per cent to $463.7 million, accounting for roughly 40 per cent of its total revenue. Search business revenue was up 19.5 per cent year-on-year to $531.7 million.
April 22, 2015 07:40 (IST)
Mylan Executive Chairman Robert Coury said last week that the company had studied the potential for a deal with Teva and concluded that such a combination "is without sound industrial logic or cultural fit," and would attract antitrust scrutiny.
April 15, 2015 11:55 (IST)
The deal will be finalised in the first half of 2016 and is expected to result in 900 million euros of operating cost savings by the end of 2019, the companies said on Wednesday.
March 05, 2015 08:33 (IST)
Women currently account for 11 percent of mid-to-senior level management in Japan and 1 percent of executive committee members, according to researcher McKinsey.
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.