Kenosha, Wisconsin | November 13, 2013 13:27 (IST)
Many city planners are convinced that old-timey cars tethered to overhead electric cables or their updated descendants futuristic and low-slung ignite economic development in a way that buses cannot, and with a whiff of romance
Toronto, Canada | September 24, 2013 09:04 (IST)
BlackBerry, based in Waterloo, Ontario, once dominated the market for secure on-your-hip email. But it introduced consumer-friendly touchscreen smartphones only after it lost the lead to Apple Inc's iPhone and devices using Google Inc's Android operating system.
Toronto | September 23, 2013 23:14 (IST)
Smartphone maker BlackBerry Ltd said on Monday it agreed in principle to be acquired by a consortium led by its biggest shareholder, Fairfax Financial Holdings Ltd, for $4.7 billion.
Sydney | September 18, 2013 07:51 (IST)
Expectations are that the Federal Open Market Committee (FOMC) will be measured with any cuts to its $85 billion in monthly asset buying, while also seeking to reassure investors that the day of an actual policy tightening is still distant.
Dubai | September 10, 2013 14:02 (IST)
As India has been discouraging people from importing goods, especially gold and TV sets, to control capital outflows, this has had a bearing on the businesses of local suppliers in faraway Qatar, the Peninsula said.
Beijing | September 10, 2013 13:39 (IST)
China's outbound FDI rose 17.6 per cent year-on-year in 2012 to a record high of $87.8 billion, according to the 2012 Statistical Bulletin of China's Outward Foreign Direct Investment (ODI) by the Ministry of Commerce.
Tokyo | August 07, 2013 11:53 (IST)
The benchmark Nikkei shed 576.12 points to a one-week low of 13,824.94. The broader Topix dropped 3.2 per cent to 1,155.26 in relatively thin trade, with all of its 33 sectors falling.
Washington, United States | July 18, 2013 08:32 (IST)
The U.S. Securities and Exchange Commission said the order was issued earlier in the day by U.S. District Judge Jed Rakoff in Manhattan, who also oversaw Gupta's related criminal trial.
Zurich, Switzerland | July 10, 2013 08:09 (IST)
The Swiss bank displaced Bank of America Corp from the top spot in an annual benchmark compiled by London-based wealth management consultant Scorpio Partnership. It edged out the U.S. bank with 9.7 per cent growth in overall assets to $1.705 trillion, compared with 5.9 per cent at Bank of America.
Tokyo, Japan | May 31, 2013 08:41 (IST)
Japan's core consumer price index fell 0.4 percent in April from a year earlier, while industrial production also weakened, the government reported Friday.
Washington, United States | May 29, 2013 20:56 (IST)
Nasdaq OMX on Wednesday agreed to pay $10 million, the largest penalty ever levied against a stock exchange, to settle civil charges stemming from mistakes it made during Facebook's initial public offering last year, the US Securities and Exchange Commission said.
Beijing, China | May 23, 2013 08:35 (IST)
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
Washington, United States | May 22, 2013 08:08 (IST)
A U.S. Senate panel on Tuesday approved legislation to give millions of illegal immigrants a path to citizenship, setting up a spirited debate next month in the full Senate over the biggest changes in immigration policy in a generation.
May 20, 2013 12:16 (IST)
Morgan Stanley launched the sale of its Indian private wealth management unit in November 2012, after entering the highly fragmented and competitive market about four years earlier.
Amsterdam | May 17, 2013 12:30 (IST)
The bank, which on Friday posted first-quarter results hit by bad loans in its home market, said the cuts are part of a reorganisation of its commercial and merchant banking division and will mostly be through natural attrition and reallocation.
New York | May 03, 2013 18:00 (IST)
Buffett also said he did not buy more shares of IBM following the company's disappointing earnings results, which led to an 8 per cent drop in the company's shares a day later.
San Francisco/New York, United States | May 03, 2013 08:10 (IST)
Intel Corp chose veteran insider Brian Krzanich as chief executive, disappointing some investors who hoped an outsider would push for aggressive changes to help the world's largest chipmaker catch up in the mobile revolution.
San Francisco | May 01, 2013 11:06 (IST)
The new policy marks the latest move by chief executive Marissa Mayer, who had her first child two months after taking over in July, to revamp the struggling Internet company.
New York | April 29, 2013 10:37 (IST)
Zames, who has been seen as a strong candidate to succeed the bank's chief executive and chairman Jamie Dimon, had been co-chief operating officer with Frank Bisignano.
April 26, 2013 18:40 (IST)
The increase is based entirely on Murdoch's performance and long-term opportunity targets.