Thomson Reuters | Last Updated: July 09, 2015 19:31 (IST)
Coty said the deal valued the P&G Beauty Business at $12.5 billion at the time of the proposal, based on the number of Coty basic shares outstanding and an average Coty trading price.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Last Updated: 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.
Last Updated: 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.
Thomson Reuters | Last Updated: 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
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Last Updated: 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.
Last Updated: 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.
Last Updated: 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.