Two people with knowledge of the matter said that the Japanese automaker wants to sell its 51 percent stake in Automotive Energy Supply Corporation, which makes lithium-ion batteries for electric vehicles. The company is jointly o...
06 Aug 2016, 3.40 pm | Source: Reuters
The leak in April of more than 11.5 million documents from the Panamanian law firm Mossack Fonseca, dubbed the "Panama Papers," detailed financial information from offshore accounts and potential tax evasion by the rich and powerf...
06 Aug 2016, 3.31 pm | Source: Reuters
The decision to release the final tranche worth USD 102 million of the three-year programme came after a review of the country's economic performance that found it was meeting most reform indicators but still needed to broaden the...
06 Aug 2016, 2.28 pm | Source: PTI
Tim Cook-led company said it is now analysing the salaries, bonuses, and annual stock grants of all its employees worldwide and if a gap exists, the company will address it.
05 Aug 2016, 12.42 pm | Source: PTI
The US Chamber of Commerce and the Texas Association of Business filed a lawsuit in Texas federal court that said a regulation from the US Treasury Department in April exceeded what the law allows the department to do.
05 Aug 2016, 12.41 pm | Source: Reuters
Prime Minister Shinzo Abe has sought to lift the economy out of two decades of stagnation through a three-pronged mix of big government spending, ultra-loose monetary policy and structural reforms.
05 Aug 2016, 8.01 am | Source: Reuters
In a rule adopted in April, the US Treasury sought to prevent American companies from moving overseas to reduce their tax burdens, often through reverse mergers.
05 Aug 2016, 8.00 am | Source: PTI
If we see signs that a voting machine or system is more vulnerable to hacking, then we inform those local authorities who are running the elections that they need to be careful," Obama said.
05 Aug 2016, 7.34 am | Source: PTI
China's current account surplus rose to USD 59.4 billion in Q2, up from USD 48.1 billion in Q1 but capital account recorded deficit of USD 59.4 billion, the government said today.
04 Aug 2016, 9.42 pm | Source: PTI
The Bank of England has cut rates for the first time in over seven years, slashed growth forecasts and launched a new monetary policy weapon in the battle to stop a post-Brexit slump in the UK.
04 Aug 2016, 5.51 pm | Source: CNBC
The Bank wrong-footed financial experts three weeks ago by leaving rates unchanged, but it said most of its policymakers were likely to support action in August as post-referendum uncertainty depressed the economy.
04 Aug 2016, 3.58 pm | Source: Reuters
The Malaysia-based carrier, headed by tycoon Tony Fernandes, has hired three investment banks to run the sale of the Asia Aviation Capital stake, the people said. They declined to be identified as the discussions were confidential...
04 Aug 2016, 1.47 pm | Source: Reuters
The collapse of Lehman Brothers two weeks earlier – the biggest bankruptcy in history – had caused UK credit markets to seize up and pushed some of Britain's biggest high street lenders, including Royal Bank of Scotland and HB...
04 Aug 2016, 1.45 pm | Source: Reuters
In the absence of Congressional certification, the Pentagon has blocked disbursement of USD 300 million to Pakistan under Coalition Support Fund, which is essentially reimbursement money for the expenses made by Pak Army in suppor...
04 Aug 2016, 10.48 am | Source: PTI
Apple also said in its annual diversity and inclusion report that it had closed pay gaps over the last year by analysing salaries, bonuses and annual stock grants. It had also opened up its annual stock grants programme to retail ...
04 Aug 2016, 9.18 am | Source: Reuters
A statement from the London Metropolitan Police early today said the attack happened late yesterday in Russell Square, which is near to the British Museum
04 Aug 2016, 8.12 am | Source: PTI
"If we can keep creating jobs while inflation is in check, let's do that," Minneapolis Fed President Neel Kashkari said at a meeting with community activists and members of the black community in Minneapolis who were airing their ...
04 Aug 2016, 7.56 am | Source: Reuters
The Fed faulted Goldman Sachs's oversight of former senior banker Joseph Jiampietro, who improperly used confidential documents obtained from the US central bank to advise small and medium-sized banks in 2014 on Federal Reserve ov...
04 Aug 2016, 7.40 am | Source: PTI
Facebook built its fortune on the internet, that non-physical space where people share updates and digital videos with friends. But deep inside its Silicon Valley headquarters, Facebook engineers have stocked a new lab with comput...
03 Aug 2016, 10.30 pm | Source: PTI
Time Warner announced today it was taking a 10 percent stake in Hulu, a streaming video provider that is ramping up as a competitor to sector leader Netflix.
03 Aug 2016, 10.30 pm | Source: PTI
Pushpa Kamal Dahal, 61, who still uses a nom de guerre that means "Fierce", won 363 votes out of the 573 cast in the 595-member parliament, Speaker Onsari Gharti said.
03 Aug 2016, 4.13 pm | Source: NEWS18.com
But growth remained muted and was led by a surge in Germany, which masked a continued stagnation in France and a slowing pace in Spain and Italy.
03 Aug 2016, 3.11 pm | Source: Reuters
Following the UK's vote to leave the European Union in June, the economy is seen falling by 0.2 percent in the third quarter, with the risk of further decline into recession, the National Institute of Economic and Social Research ...
03 Aug 2016, 9.46 am | Source: CNBC
Niantic is talking with several companies interested in partnerships similar to the deal that turned nearly 3,000 McDonald's restaurants in Japan into stops for collecting virtual supplies or "gyms" for on-screen battles, Niantic ...
03 Aug 2016, 9.25 am | Source: Reuters
"Don't forget last time he said I would never get the nomination, now he is saying I wouldn't get the election now all of a sudden he said the other day maybe I can win the election, no I guess he probably has to say that kind of ...
03 Aug 2016, 9.10 am | Source: PTI
The IHS Market Japan Services Purchasing Managers Index (PMI) rose to 50.4 in July from 49.4 in June on a seasonally adjusted basis.
03 Aug 2016, 8.31 am | Source: Reuters
The findings contrast with a more upbeat official survey on Monday, raising concerns that China is still facing hurdles to its plans to transform the economy into one more reliant on domestic consumption than heavy industry and ex...
03 Aug 2016, 8.31 am | Source: Reuters
"At this point, I don't rule out a rate increase at the next meeting or later in the year. We just have to wait and see how the data come in. The situation is maybe a little bit ambiguous, but I can imagine conditions in which we ...
03 Aug 2016, 8.05 am | Source: CNBC
Aiming to keep alive hopes for a post-election congressional vote in the closing weeks of 2016 in favour of the 12-nation Trans-Pacific Partnership (TPP), Obama said its merits would overcome fierce criticism on the campaign trail...
03 Aug 2016, 7.55 am | Source: Reuters
"The question that I think that they have to ask themselves is, if you are repeatedly having to say in very strong terms that what he has said is unacceptable, why are you still endorsing him? What does this say about your party t...
03 Aug 2016, 7.26 am | Source: PTI