Thomson Reuters | Last Updated: January 14, 2016 10:38 (IST)
Goldman Sachs Group Inc is planning to shed up to 10 per cent of its sales and fixed income trading jobs later in the quarter, the Wall Street Journal reported on Wednesday, citing sources.
Press Trust of India | Last Updated: December 18, 2015 09:44 (IST)
A technology support company run by an Indian-American entrepreneur has been sued by the US state of Washington for alleged illegal business practices to pressure consumers into buying unnecessary software, a charge denied as false and baseless by the firm.
Thomson Reuters | Last Updated: December 04, 2015 08:12 (IST)
Users of the Ola and GrabTaxi ride apps - the latter serves Southeast Asian countries including Malaysia, Singapore, Indonesia and Vietnam - will have access to Lyft when visiting the U.S., and can use the app in their native language and pay with their native currency.
Thomson Reuters | Last Updated: December 03, 2015 07:59 (IST)
Broken out as a separate company, Yahoo's email, Yahoo and Tumblr web sites and mobile services could fetch between $2 billion and $8 billion, analysts and bankers said, many seeing $4 billion as the likely price.
Thomson Reuters | Last Updated: December 02, 2015 10:13 (IST)
Yahoo's core business, which includes popular services like Yahoo Mail and its news and sports sites, could attract private equity firms, media and telecom companies or firms like Softbank Group Corp, analysts have said in the past.
Thomson Reuters | Last Updated: December 02, 2015 09:56 (IST)
In welcoming the birth of his first child on his Facebook page, Zuckerberg posted a photo of himself, his wife and their daughter, Maxima, nicknamed Max, along with a post entitled "A letter to our daughter." (http://on.fb.me/1MVnGOj)
Thomson Reuters | Last Updated: November 25, 2015 13:18 (IST)
Chelsea Cooper worked at Goldman for four years before leaving the banking world behind during the financial crisis for a career in technology. She was hired at Uber in 2012 as general manager of the company's United Kingdom operations, where she launched the service.
Thomson Reuters | Last Updated: November 24, 2015 10:45 (IST)
More than 50 similar deals have been done over three decades by well-known companies such as Medtronic Plc, Fruit of the Loom and Ingersoll-Rand Plc. Congressional researchers have estimated inversions, left unchecked, will cost the US Treasury nearly $20 billion in the next 10 years.
Press Trust of India | Last Updated: November 14, 2015 13:30 (IST)
In its guilty plea, the company acknowledged having paid bribes to government officials and falsified books and records in connection with power, grid and transportation projects for state-owned entities around the world.
Thomson Reuters | Last Updated: November 14, 2015 12:54 (IST)
The British bank is the first to resolve claims by so-called "over-the-counter" investors that transacted directly with banks comprising a panel to determine Libor, or the London Interbank Offered Rate.
Thomson Reuters | Last Updated: November 12, 2015 16:43 (IST)
One of the new sales channel pumping Alibaba's Singles' Day sales was Suning Commerce Group Co, in which it bought a 20 percent stake in August.
Thomson Reuters | Last Updated: November 12, 2015 16:15 (IST)
This isn't the first time Morgan Stanley has dealt with retail products. In the late 1990s, it merged with Dean Witter, Discover & Company, giving it a retail brokerage and a credit card business. The bank spun off Discover in 2007.
Thomson Reuters | Last Updated: November 12, 2015 13:48 (IST)
Siemens said basic earnings per share should rise by at least 14 percent on a comparable basis to 5.90 to 6.20 euros. EPS for the year to end-September was boosted by the disposals of Siemens' hearing aids and household appliance businesses.
Thomson Reuters | Last Updated: November 12, 2015 10:39 (IST)
The service would likely be linked to the company's Apple Pay system, which allows customers to make credit-card and debit-card payments with their mobile phones, the newspaper said.
Thomson Reuters | Last Updated: October 24, 2015 16:25 (IST)
Europe's largest carmaker is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive US regulators about the true level of their toxic emissions.
Thomson Reuters | Last Updated: October 24, 2015 14:03 (IST)
The transfer of 6.8 million shares of common stock is subject to stockholders in 2016 approving an equity incentive plan for the shares to be granted "over time" to Twitter employees. The board has approved the deal.
Thomson Reuters | Last Updated: October 23, 2015 08:04 (IST)
Revenue from Microsoft's cloud business, which includes products such as Windows Server and cloud-based platforms such as Azure, rose 8 percent to $5.9 billion and is expected to reach $6.2-$6.3 billion in the current quarter.
Thomson Reuters | Last Updated: October 21, 2015 07:24 (IST)
Yahoo said the proposed spinoff of its 15 percent stake in Chinese e-commerce giant Alibaba Group Holding Ltd - a key issue for shareholders - may now close in January.
Thomson Reuters | Last Updated: October 20, 2015 12:25 (IST)
SAP, Europe's biggest software company, said it could accelerate past full-year financial targets in the fourth quarter, its most important period of the year, as it confirmed the strong quarterly results it had outlined last week.