March 07, 2014 08:39 (IST)
Gross, who oversaw more than US dollar1.91 trillion in assets as of the end of last year and who is known on Wall Street as the 'Bond King', said in a phone call to Reuters last Friday: "I'm so sick of Mohamed trying to undermine me."
San Francisco | March 05, 2014 09:12 (IST)
The change, which will be rolled out gradually according to a Yahoo spokeswoman, will require users to register for a Yahoo ID in order to use any of the Internet portal's services.
New York | February 03, 2014 20:50 (IST)
Former Federal Reserve Chairman Ben Bernanke will join the Brookings Institution, a politically centrist policy think tank based in Washington, beginning on Monday.
January 31, 2014 08:18 (IST)
Satya Nadella, a native of Hyderabad, India - where Microsoft has its largest non-U.S. research center - was promoted to run the company's fast expanding cloud, or internet-based, computing initiatives in July last year as part of current CEO Steve Ballmer's radical re-organization of the company.
December 25, 2013 12:04 (IST)
SoftBank is looking to have its recently acquired US unit Sprint Corp take a majority stake in T-Mobile from the latter's parent Deutsche Telekom AG in the financial year starting April, one of the sources added.
December 25, 2013 10:10 (IST)
Mr Adelson's net worth soared $15 billion in 2013 from his gambling properties in Las Vegas, Macau and Singapore, making him the billionaire who made the most money this year.
December 25, 2013 08:10 (IST)
Lazaridis previously owned a 5.7 per cent stake in the Waterloo, Ontario company that he once ran.
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.