industry News

IMF's Chief Christine Lagarde put under investigation in French fraud case: Source

The source said Lagarde, who earlier was questioned by magistrates in Paris under her existing status as a witness. (Reuters)

IMF chief Christine Lagarde has been placed under formal investigation by French magistrates on Wedn...

It is not unusual for the EU competition authority to take several years to build a case before opening an investigation.(Reuters)
Chipmaker Qualcomm may face EU antitrust probe -sources
Qualcomm may face a European investigation related to a four-year-old complaint from a subsidiary of...

Warren Buffett puts shareholders ahead of patriotism in Canadian deal

Investors and tax experts say Miami-based Burger King's move to Canada through a so-called tax inver...

Hindu leader convicted on fraud and obstruction charges in US

Annamalai, a Hindu leader, has been convicted on 34 felony counts...

China foreign investment pattern changes as challenges grow

Foreign direct investment (FDI) in China fell in over the first seven months of 2014 compared with a...

Study: Social media users shy away from opinions

People on Facebook and Twitter say they are less likely to share their opinions on hot-button issues...
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Once 'Best in the West', Israel's economy shows cracks
Israel economy strong run may be coming to an abrupt end with sustainable high growth rates.
American Airlines pulls fares from Orbitz after deal falters
American and Orbitz have clashed before over terms and latest dispute unlikely to threaten rival onl...
After disasters, stricken Malaysia Airlines staff brace for job cuts
The 19,500 staff of Malaysia Airlines (MAS) now face a new ordeal - a quarter of them may lose their...
Best Buy says sales to fall as more shoppers buy online
Best Buy's shares fell as much as 7 percent on Tuesday.
MasterCard: Latin America revenue to double by 2019
MasterCard Inc, world's second-largest debit and credit card company expects net revenue to double i...
Rice Bucket Challenge: Water-starved South Asia fills buckets with rice, not ice
#FillTheBucket challenge has been launched asking people to load up plastic buckets with food to hel...
Chinaís anti-trust regulator targets Microsoft web tools
Microsoftís Windows web browser and media player are being targeted in a Chinese antitrust probe, ra...
Swiss bank Pictet publishes results, breaks from 209-year-old tradition
Swiss private bank Pictet opened its books to public scrutiny for the first time on Tuesday, after b...
Fund managers look to make room for Alibaba
Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Groupís mark...
Accor earns higher profit despite sluggish France
Accor, Europeís largest hotel group, forecast operating profit would rise this year as cost-cutting ...
Higher royalty to fill statesí kitty but eat into margins of miners
As the Indian iron ore mining industry tries to gradually limp back to normalcy, after bans were enf...
US Stocks: Wall Street rises but Dow, S&P 500 retreat from record highs
Energy shares, which closely track the pace of growth, led the day's gain. The S&P energy index rose...
Andhra Pradesh govt mulling take over of retail sale of Indian Made Foreign Liquor
Andhra Pradesh would put in place a new excise policy, its Chief Minister N Chandrababu Naidu told r...
Twin disasters spark Malaysia Airlines crew resignations
Nearly 200 cabin crew have resigned from Malaysia Airlines, reportedly citing fear as their main con...
Roger Federer leads list of game's top moneymakers in Forbes list
Roger Federer has not won a Grand Slam title this year but still topped Forbes list.
US spy agency built its own secret 'Google like' search engine
A top US intelligence agency has built its own secret "Google like" search engine.
'Marvellous' among words disappearing from spoken English: Study
Britons are using more American words because of the digital revolution and a growing influence of t...
China antitrust regulator says Microsoft not transparent with sales information
The Chinese antitrust regulator said Microsoft had not been fully transparent with its sales data in...
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