You are here:HomeMarketsInternational Business

International Business

  • Honda Executives Take Pay Cut After 5th Fit Hybrid Recall

    Honda Executives Take Pay Cut After 5th Fit Hybrid Recall

    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.

  • Apple's iPhone Sales Beat Street but iPad Volumes Slide

    Apple's iPhone Sales Beat Street but iPad Volumes Slide

    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.

  • Citi Pulls Out of Consumer Banking in 11 Countries, Profit Jumps

    Citi Pulls Out of Consumer Banking in 11 Countries, Profit Jumps

    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.

  • London Beats New York as Most Popular Destination for Workers: Survey

    London Beats New York as Most Popular Destination for Workers: Survey

    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.

  • Bill Gross Told Rival Gundlach: 'I am Kobe, You are LeBron'

    Bill Gross Told Rival Gundlach: 'I am Kobe, You are LeBron'

    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.

  • Hewlett-Packard Plans to Split into Two Companies: Report

    Hewlett-Packard Plans to Split into Two Companies: Report

    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.

  • Twitter Q2 Results Soar, Stock Flies 30%

    Twitter Q2 Results Soar, Stock Flies 30%

    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.

  • Morgan Stanley to Raise Junior Bankers' Base Salaries by 25%: Report

    Morgan Stanley to Raise Junior Bankers' Base Salaries by 25%: Report

    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.

  • Amazon's Heavy Investing Eats into Bottom Line, Shares Drop

    Amazon's Heavy Investing Eats into Bottom Line, Shares Drop

    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.

  • China's Alibaba Stalks Banks With Investment Product

    China's Alibaba Stalks Banks With Investment Product

    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.

  • HTC's Profit Surge; Slightly Beats Forecasts

    HTC's Profit Surge; Slightly Beats Forecasts

    Shares of HTC ended up 0.4 per cent ahead of the earnings release, in line with a rise in the benchmark index.

  • Vodafone Agrees Italian Deal to Tap into Car Industry

    Vodafone Agrees Italian Deal to Tap into Car Industry

    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.

  • Cairn Agrees $575 Million Loan to Help Develop Oil Fields

    Cairn Agrees $575 Million Loan to Help Develop Oil Fields

    The London-listed group, dragged into India's tax crackdown on foreign companies in January, also announced on Thursday that the financial damage resulting from the tax authorities' freeze on its $1.1 billion of Indian assets will be assessed by the company in August.

  • Vedanta's Earnings Hit by Lower Metal Production, Prices

    Vedanta's Earnings Hit by Lower Metal Production, Prices

    Vedanta's stock fell as much as 4.5 per cent to 941 pence in early trading on Thursday, making it one of the biggest percentage losers on the FTSE-250 Midcap Index.

  • US Court Refuses to Revive Samsung Patent Case Against Apple

    US Court Refuses to Revive Samsung Patent Case Against Apple

    Apple and Samsung have been litigating around the world for three years, each accusing the other of infringing patents in making smartphones and other mobile devices. Neither side has scored a crippling sales ban.

  • Toyota Posts Record Annual Profit of $17.9 Billion

    Toyota Posts Record Annual Profit of $17.9 Billion

    Japanese automakers have been big winners over the past year as a sharp drop in the yen inflated their repatriated profits, with results accelerating on the back of stronger demand in key markets including the US and China.

  • Facebook lets users limit data shared with apps

    Facebook lets users limit data shared with apps

    Facebook generates the bulk of its revenue from ads that appear on its own Web pages and within its own mobile app. By distributing ads across a constellation of independent mobile apps, Facebook effectively expands its advertising space, opening the door to more revenue.

  • Why Warren Buffett didn't vote against Coca-Cola's compensation plan

    Why Warren Buffett didn't vote against Coca-Cola's compensation plan

    Buffett said he and partner Charlie Munger did not want to vote against the plan because he did not want to show disapproval of management, adding that he has enormous respect for Coca-Cola's chief executive, Muhtar Kent.

  • For Goldman Sachs and Morgan Stanley, boring is beautiful

    For Goldman Sachs and Morgan Stanley, boring is beautiful

    In 2009, John Mack, then chief executive of Morgan Stanley, agreed to buy Citigroup's Smith Barney retail brokerage business over time, a deal that closed in the middle of 2013. With that purchase, about half of Morgan Stanley's annual revenue comes from wealth and investment management, which tends to fluctuate less than trading revenue.

  • Google misses revenue target, ad prices slide

    Google misses revenue target, ad prices slide

    Google's core Internet business revenue climbed 19 per cent to $15.42 billion in the first quarter from $12.95 billion in the year-ago period.

Social Sharing

Advertisement

Advertisement

Portfolio

Advertisement

Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2014. All rights reserved.