Chinese e-commerce giant Alibaba is gearing up to launch its US IPO on September 8, Wall Street Journal reported today.
Atlantic City’s landmark Revel Hotel closed this week due to financial trouble.
Barclays has agreed to sell its corporate and retail banking business in Spain to CaixaBank for 800 million euros, as the British bank starts shrinking its struggling European..
Medtronic has agreed to pay about $200 million in cash to buy Sapiens Steering Brain Stimulation, which is a privately held company that develops deep brain stimulation technologies.
The bookings for durable goods in the US jumped as much as 22.6% in July because of a surge in contracts for Boeing aircraft.
London: About 500,000 UK households can now call themselves property millionaires. In London alone, on 3,774 streets the average house is worth at least one million pounds.
The sales of new homes in the US dropped in July, sending a clear message that the housing sector in the country is finding it tough to gain traction more than five years into the economic recovery.
The S&P; 500 stock index today touched an intraday record, going past 2,000 for the first time in a broad rally led by financial and biotechnology stocks.
Florida has always been known for its love for citrus. However, the 9 billion dollar industry is going through a tough time.
Tim Hortons is in talks with Burger King for a merger. If this happens, the result will be one of the largest fast-food chains in the world with 18,000 restaurants worldwide..
Deutsche Bank today upgraded the stock of State Bank of India to ‘buy’ from ‘hold’. The upgrading helped SBI’s shares jump 1.7 per cent in early trade on the bourses.
Roche Holding has agreed to pay USD 8.3 billion in cash to acquire San Francisco-based InterMune Inc.
In a major relief to MCX promoter Jignesh Shah, the Bombay high court on Friday granted him bail of Rs 5 lakh.
Capital market regulator Sebi has ordered PACL to return Rs 50,000cr to investors.
Discount store Family Dollar has rejected a takeover offer made by rival Dollar General, saying it would be very difficult for the deal to get approval from antitrust regulators.
The stock of Apple Inc. has crossed an all-time high. It has surpassed the record set in the year 2012 as the investors are looking forward to the new products including iPhones with bigger screens and wristwatch like device expected to jump start the revenue growth.
The BSE Sensex advanced today to close 0.17%, or 45.82 points, higher at 26,360.11. The National Stock Exchange’s broader barometer CNX Nifty gained 0.20%, or 15.80 points, to close the day at 7,891.10.
Low-cost carrier (LCC) SpiceJet has moved ahead of rival Jet Airways to become the second-largest domestic carrier in the country last month.
Scotland-based hydrocarbons explorer Cairn Energy Plc on Tuesday said that the company was holding high-level talks with the Indian government in order to settle a tax dispute.
The Telecom Regulatory Authority of India (Trai) has rejected the proposal of telecommunication companies to charge fee from users of WhatsApp, Viber, Skype and other apps.
It seems that Dollar General has entered into the fray to consolidate the discount retail market in the US as the company has placed a $9.7bn cash bid to buy Family Dollar.
The New York Department of Financial Service today imposed a $25 million fine and two-year suspension on PricewaterhouseCoopers after finding the financial powerhouse guilty of diluting a report on the money laundering failures at the Bank of Tokyo Mitsubishi UFJ.
Washington: An annual study released today by the U.S. Department of Agriculture has shown that a quarter of a million dollars will be spent by parents to raise a child born today to age 18.
Credit-card hackers have broken into credit and debit payment networks once again. This time, they aimed at two of the most famous supermarket store chains in the nation, SuperValu and Albertsons.
Luxury car manufacturer Mercedes-Benz has been accused by China for breaching anti-monopoly laws and manipulating prices for after-sales services in the country.
The Sultan of Brunei has expressed interest in acquiring New York’s Plaza Hotel, Dream Hotel and London’s Grosvenor House hotel owned by Sahara Group.
An FIR has been registered by the CBI to probe into an alleged Rs 1,700 crore land deal between Tata Realty and Unitech.
A special CBI judge on Saturday disclosed that the people who are accused in the high-profile Syndicate Bank bribery case had tried to influence her.
Reserve Bank of India (RBI) has imposed a new limit on the number of ATM transactions – 3 transactions per month from Automated Teller Machines (ATMs) of other banks and 5 from the same bank in six metropolitan cities.
The new applications for unemployment benefits in the US jumped last week but it still remained at its lowest level in the last eight years.
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US lawsuit against Google over Android app restrictions withdrawn
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