19 Oct 2013, 11.47 am | Source: Reuters
Lehman is accused of using the infamous "Repo 105" accounting practice to misleadingly understate its leverage to make itself appear more financially...
19 Oct 2013, 11.38 am | Source: Reuters
A USD 4 billion deal would amount to about 12 cents on the dollar, less than the 20-cent rate under an earlier settlement by Switzerland-based bank UB...
18 Oct 2013, 9.07 am | Source: Reuters
A Chinese bid for BlackBerry would likely face opposition from the Canadian government, which vets foreign takeovers to ensure they are in the nationa...
18 Oct 2013, 8.22 am | Source: Reuters
Any optimism from the government figures released on Friday could fade quickly as global demand remains volatile, which was underlined by a surprise f...
17 Oct 2013, 10.40 am | Source: Reuters
Hedge fund manager David Tawil said that, after living through the collapse of Lehman Brothers, many on Wall Street are now well-versed in telling a r...
17 Oct 2013, 10.28 am | Source: CNBC-TV18
While Peter Hooper feels the politics in Washington do not look very good, Seth Freeman says he would be surprised if there are significant gains from...
17 Oct 2013, 9.01 am | Source: Reuters
EBay expects revenue of between USD 4.5 billion and USD 4.6 billion for the quarter ending December 31, compared with the USD 4.64 billion estimated b...
17 Oct 2013, 8.55 am | Source: Reuters
JJ Hirschle, who directed media and entertainment advertising at Google, will be responsible for the team selling advertising products to retail compa...
17 Oct 2013, 8.51 am | Source: Reuters
Cuban, 55, the owner of the Dallas Mavericks basketball team, lashed out at the US government and lead prosecutor Jan Folena after the verdict, saying...
17 Oct 2013, 8.42 am | Source: PTI
The new compromise agreement, will fund the government through January 15, 2014 and averts default through February 7, during which time they can work...
16 Oct 2013, 11.00 pm | Source: Reuters
Major US stock indexes rose more than 1 percent on optimism that lawmakers were finally reaching a deal to end the weeks-long fiscal impasse....
16 Oct 2013, 10.57 pm | Source: Reuters
Republican Senator Ted Cruz, who had earlier opposed any compromise unless it defunded Obamacare, said he does not intend to delay consideration of th...
16 Oct 2013, 4.15 pm | Source: PTI
Heralding an end to its banking secrecy wall, Switzerland will now share bank account and other details with foreign countries, including India, even ...
16 Oct 2013, 3.44 pm | Source: PTI
Germany's Green party today pulled out of coalition talks with Angela Merkel's Christian Democratic Union (CDU), leaving the Chancellor to focus on di...
16 Oct 2013, 3.44 pm | Source: Reuters
Pegatron Corp, a major manufacturer of Apple's new phone, had iPhone 5C orders reduced by less than 20 percent, the source told Reuters on Wednesday....
16 Oct 2013, 12.33 pm | Source: Reuters
Odd as that may seem against a backdrop of Washington toying with a sovereign debt default, some economists feel there may be few other credible optio...
16 Oct 2013, 11.53 am | Source: Reuters
Fitch is the only one of the three major credit rating agencies to have a negative outlook on the US sovereign credit. Standard & Poor's downgraded th...
16 Oct 2013, 10.54 am | Source: Reuters
Chaotic negotiations to end the US fiscal impasse failed to produce a deal, and left Congress and President Barack Obama desperately searching for a w...
15 Oct 2013, 10.35 am | Source: Reuters
There are months to go until polling day on April 5, but many presidential candidates are already alarmed by the scale of the illicit trade in voter c...
15 Oct 2013, 9.10 am | Source: Reuters
Many analysts think the United States would at least try to keep making bond payments in an effort to keep investors from panicking....
15 Oct 2013, 8.48 am | Source: Reuters
Robert Shiller, who shared the 8 million Swedish crown (USD 1.25 million) prize with fellow laureates Eugene Fama and Lars Peter Hansen, said the US F...
15 Oct 2013, 8.45 am | Source: Reuters
The plan under discussion would promptly end a partial government shutdown about to enter its third week. It also would raise the debt ceiling by enou...
15 Oct 2013, 8.33 am | Source: Reuters
The quake struck at a depth of about 35 km (22 miles) around Bohol island, to the north of Mindanao island. There were no immediate reports of injurie...
15 Oct 2013, 8.28 am | Source: Reuters
The company, which streamed political thriller "House of Cards," said it has ordered a new psychological thriller series from Sony Pictures Television...
14 Oct 2013, 5.18 pm | Source: Reuters
The industry perceived Mayer as not caring about advertising, choosing instead to focus solely on products. Ad agency executives say that over the pas...
14 Oct 2013, 9.14 am | Source: PTI
UN Secretary-General Ban Ki-moon made his appointment of Kaag known on Sunday in a letter addressed to Azerbaijan's UN envoy Agshin Mehdiyev, who hold...
12 Oct 2013, 4.34 pm | Source: Reuters
From South Korea to Pakistan, Asia's central banks are estimated to have amassed some USD 5.7 trillion in foreign exchange reserves excluding safe-hav...
12 Oct 2013, 2.37 pm | Source: Reuters
Officials from Brazil, China, India, Russia and South Africa surprised many by starting work last year on the pool and a joint development bank to res...
12 Oct 2013, 2.30 pm | Source: Reuters
China's exports dropped 0.3 percent in September from a year earlier, the Customs Administration said on Saturday, sharply confounding market expectat...
11 Oct 2013, 3.57 pm | Source: Reuters
The OPCW, based in the Hague in the Netherlands, has about 500 staff and an annual budget of under USD100 million. ...
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Dec 11 2013, 09:54
- in Business
Dec 4 2013, 11:08
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