international News

Rosneft says discovers offshore Arctic oil jointly with Exxon

Russia’s top crude oil producer Rosneft said on Saturday it had made an oil discovery jointly with E...

Russia offers stake in 10 exploration blocks to India's ONGC -MinisterBP to buy back $8 bn in shares after sale of Russian venture
Yahoo could use the proceeds from the Alibaba share sale to go on an acquisition spree to help reinvent itself and regain relevance. (AP)
Yahoo confronted by moment of decision, again
Yahoo, more than any other investor, should have benefitted from the public market debut last week o...

Tesco cuts profit outlook again after accounting error

Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its ac...

After China, GlaxoSmithKline faces pressure for change

GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 ...

Short-sellers target China, this time from the shadows

Short-sellers who profit from stock price declines have resumed targeting Chinese companies...

Barack Obama tries Reagan touch on economy, but wages weigh

President Barack Obama, stumping for the Democrats ahead of November's congressional elections...
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Microsoft said to be in talks to acquire maker of Minecraft
Microsoft is in advanced talks to acquire the maker of the video-game...
Pulling the plug: Apple’s Watch a boost for wireless charging
Apple's embrace of wireless charging for its new Watch may be a defining moment...
GSK China consumer healthcare unit linked to US probe in 2012
Probe suggests China compliance issues could be wider than previously revealed
Indian-origin fund manager in US gets nine years in jail
Mathew Martoma was sentenced in federal court for his role in one of the ‘most lucrative’ insider tr...
Amazon cuts struggling Fire Phone’s price to 99 cents
Offer valid if users sign a 2-year contract with exclusive carrier AT&T
US Ex-Im Bank’s satellite push complicates fight for survival
US Export-Import Bank, caught in a rare political storm over its mission...
Google hosts meetings across Europe on privacy rights
A panel appointed by search engine Google will hold the first of a series...
China posts record $49.8-bn trade surplus
Exports in August increased 9.4% y-o-y, while imports unexpectedly fell 2.4%
At Goldman Sachs, even legal fees are different
Goldman Sachs has the reputation of being a breed apart on Wall Street.
Greek PM declares cuts to taxes of crisis era
Greek PM Antonis Samaras on Saturday announced cuts to unpopular taxes introduced at the height of t...
Apple plans smartwatch & larger iPhones
When Apple wants to make a big splash, it returns to its history.
Insider traders face increasingly long prison terms in US
In the five-year period ending December 2013, insider trading defendants received an average sentenc...
NATO shakes up Russia strategy over Ukraine
British Prime Minister David Cameron, the summit’s host, said pressure on Moscow would mount if it d...
US pvt sector hiring slows; trade deficit at 6-month low
The ADP National Employment Report showed private payrolls increased by 204,000 workers last month a...
Microsoft unveils new ‘affordable flagship’ Lumia smartphone
The new Lumia will sell globally at a price of around 330 euros ($433), before taxes, or upward of 4...
ECB cuts rates, starts credit scheme as growth evaporates
Commits to covered bonds purchase scheme; cuts inflation and growth forecasts for 2014
Goldman Sachs plans $500-m sukuk issue as Islamic finance goes mainstream
Goldman Sachs is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that ...
Europe crisis is resistant to medicine of low rates
It is getting harder and harder to find free parking for large sums of euros.
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