Nooyi, Nadella, Bhavesh Patel among highest paid CEOs in world
Apr 28, 2016 at 18:18 | Source:
New Delhi: As many as three Indian origin persons have been named among 100 highest-paid CEOs globally with PepsiCo's Indra Nooyi and LyondellBasell's Bhavesh Patel making it to the top ten list compiled by Equilar.Chemicals company LyondellBasell In...
Buffett boosts Berkshire's Wells Fargo stake to 10 percent| Reuters
Mar 29, 2016 at 04:45 | Source:
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Monday said it has increased its ownership stake in Wells Fargo & Co (WFC.N) to 10 percent, a level that could mean increased federal scrutiny over the investment.Berkshire owns 506.3 million sh...
New guilty plea, charges in global press release hacking scheme| Reuters
Feb 19, 2016 at 04:30 | Source:
A third trader has entered a guilty plea over what U.S. authorities have called a more than $100 million international scheme to hack into newswires that distribute corporate press releases, and use stolen information to conduct insider trading.Arkad...
Rajat Gupta gets new chance to void insider trading conviction| Reuters
Feb 05, 2016 at 04:45 | Source:
NEW YORK Rajat Gupta, a former director of Goldman Sachs Group Inc (GS.N) and global managing director of McKinsey & Co, has persuaded a federal appeals court to take a fresh look at overturning his 2012 insider trading conviction.In an order on ...
Mukesh Ambani, Premji, Shanghvi among world's 50 wealthiest
Jan 28, 2016 at 13:40 | Source:
New Delhi: Three Indians - Mukesh Ambani, Azim Premji and Dilip Shanghvi - have made it to a global list of 50 wealthiest people that is topped by Bill Gates.According to a new list by Wealth-X in collaboration with Business Insider, Mukesh Ambani wa...
Wall Street jumps 1 percent, looks beyond Paris attacks| Reuters
Nov 17, 2015 at 02:30 | Source:
Wall Street surged over 1 percent on Monday as investors bet Friday's deadly attacks in Paris would have little long-term effect on the U.S. economy and corporate earnings.U.S. oil prices rose after French air strikes in Syria in reaction to multiple...
Wall St rises as little impact seen from Paris attacks| Reuters
Nov 16, 2015 at 23:45 | Source:
U.S. stocks were higher in early afternoon trading on Monday after a choppy start as investors absorbed the impact of Friday's deadly attacks in Paris.Oil prices rose after French air strikes in Syria but soon reversed course amid concerns of an over...
InterGlobe Aviation IPO a top draw, over-subscribed 6.14 times
Oct 29, 2015 at 21:46 | Source:
Mumbai: In the biggest IPO in nearly three years, the Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation saw strong demand and was over-subscribed by 6.14 times on the last day of bidding today.The IPO generated demand worth about Rs ...
Goldman to release results on website, not BusinessWire - source| Reuters
Oct 09, 2015 at 00:15 | Source:
Goldman Sachs Group Inc (GS.N) will release its third-quarter results next week through its website and Twitter, not through BusinessWire, as it seeks more control over the handling of sensitive information, a person familiar with the matter said.Gol...
Bill Gates is America's richest man for 22nd straight year
Sep 30, 2015 at 09:34 | Source:
WashingtonMicrosoft co-founder Bill Gates retains the top spot on the Forbes list of America's 400 richest people for the 22nd straight year with Republican presidential frontrunner Donald Trump ranked 121st with $4.5 billion.While Gates' worth is as...
China and Buffett fuel Wall Street rally, dollar steady| Reuters
Aug 10, 2015 at 23:30 | Source:
SAN FRANCISCO Wall Street rallied on Monday after a major M&A deal and on weak data out of China that boosted hopes for fresh stimulus from Beijing, while expectations of a U.S. interest rate hike kept the dollar near a four-month high.All three ...
Berkshire profit falls 37 percent on investment, insurance slump| Reuters
Aug 08, 2015 at 03:45 | Source:
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) said on Friday second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance.Net income for the Omaha, Nebraska-based insu...