international News

Murdoch effect: Time Warner investors in dilemma

In absence of counter-bidders, they can either engage with Fox to negotiate a higher price or play f...

Murdoch protégé Brooks cleared of hacking chargesUK ex-editor denies knowledge of private eye's contract
Reshuffle points at growing ambition
Google’s reshuffle of its senior ranks underscores the Internet company's evolving business ambition...

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The head of the International Monetary Fund warned on Friday

Malaysia Airlines may struggle to take off after double disasters

Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the air...

BSkyB prepares to roll the dice again with European expansion

BSkyB's plan to buy Rupert Murdoch's pay-TV assets in Italy and Germany for perhaps as much as 10 bi...

Carbon market hopes fade as Australia dumps CO2 trading

The goal of a global carbon market to tackle climate change, once touted to reach $2 trillion by 202...
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Quick view: Morgan Stanley profit more than doubles, beats estimates
Wall Street bank Morgan Stanley’s quarterly earnings more than doubled, beating market estimates
Poor Pizza Hut, India results dim Yum’s China rebound
Yum Brands on Wednesday said its KFC business bounced back in China, its number one market, but its ...
US slaps toughest sanctions on Russia
President Barack Obama imposed sanctions on some of Russia’s biggest firms for the first time, strik...
Microsoft to cut up to 18,000 jobs as Satya Nadella streamlines, India impact minimal
Microsoft will eliminate as many as 18,000 jobs, the largest round of cuts in its history.
Airbus, Boeing may fight over multi-bn dollar maritime deal
Two high-profile sea searches have exposed a shortfall in Britain's maritime patrol capabilities, ra...
Yahoo to keep larger chunk of Alibaba
Yahoo pledged to pay its shareholders at least half the proceeds from Alibaba Group Holding’s mega-I...
Quick view: BMW to recall 1.6 million cars for airbag concerns
German automaker BMW intends to recall around 1.6 million cars worldwide to replace passenger-side f...
Rajat Gupta may be released from prison in March 2016
India-born former Goldman Sachs director Rajat Gupta is expected to be released from prison in March...
China Q2 economic growth picks up as stimulus pays off
China’s economic growth picked up slightly in the second quarter as a burst of government stimulus p...
Bank of America’s Q2 profit drops 43%
Bank of America on Wednesday said its profit plunged 43% in the second quarter, dragged down by a la...
Warren Buffett donates $2.8 bn to 5 charities
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway stock to five charities
Murdoch open to bid above $75 bn for Time Warner
21st Century Fox is willing to pay more than $85 a share for Time Warner, according to a person with...
Documents reveal GM kept silent on fatal vehicle crashes
A GM engineer had concluded in an internal evaluation that the Saturn Ion had most likely lost power...
JPMorgan pulls back from mortgage lending on foreclosure worries
JPMorgan Chase, the second-largest US mortgage lender, is backing away from making home loans to les...
FCC is deluged with comments on Net neutrality rules
The agency is fine-tuning its rules to secure an open Internet.
Pfizer aims to inject youth into the aging process
To that list of acronyms, the pharmaceutical giant Pfizer hopes to add FOGO, a.k.a. fear of getting ...
China’s June FDI rises for 16th straight month
China's foreign direct investment (FDI) inflows rose at an annual pace of 2.2% in the first six mon...
Quick view: US June retail sales rise modestly in June
US retail sales increased less than expected in June as receipts at automobiles dealerships surprisi...
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