- Tata Communications seeks brand boost … Reuters
LONDON (Reuters) - Tata Communications, seeking to raise its profile around the globe, unveiled a technology partnership with Formula One motor racing on Thursday, a … More »Tata Communications seeks brand boost …
LONDON (Reuters) - Tata Communications, seeking to raise its profile around the globe, unveiled a technology partnership with Formula One motor racing on Thursday, a further sign of the sport's growing appeal in emerging markets. Tata Communications will use its undersea cable and its IT networks to transmit data and live …
- RBS pays 985 mln stg in bonuses despite … Reuters
LONDON (Reuters) - State-owned Royal Bank of Scotland posted a fourth quarter loss of nearly 2 billion pounds, hurt by writedowns on assets and restructuring costs, although … More »RBS pays 985 mln stg in bonuses despite …
LONDON (Reuters) - State-owned Royal Bank of Scotland posted a fourth quarter loss of nearly 2 billion pounds, hurt by writedowns on assets and restructuring costs, although it still paid out almost 1 billion pounds in bonuses to staff in 2011. RBS, 82 percent owned by the British government after a state bailout during …
- China's policy-led slowdown spawns property … Reuters
BEIJING (Reuters) - China's policy-induced property slowdown has put the central and local governments on a $320 billion collision course in one of the economy's biggest … More »China's policy-led slowdown spawns property …
BEIJING (Reuters) - China's policy-induced property slowdown has put the central and local governments on a $320 billion collision course in one of the economy's biggest growth-generating sectors. Beijing wants local governments to bear most of the 2 trillion yuan cost to construct millions of affordable homes this year. …
- Etisalat sues Vinod Goenka, Shahid Balwa … Reuters
DUBAI - Etisalat has sued its Indian joint venture partners for fraud, the UAE telecoms operator said on Thursday, following the Supreme Court's recent order to cancel … More »Etisalat sues Vinod Goenka, Shahid Balwa …
DUBAI - Etisalat has sued its Indian joint venture partners for fraud, the UAE telecoms operator said on Thursday, following the Supreme Court's recent order to cancel its affiliates' licences amid a corruption probe. Etisalat has launched legal proceedings against Vinod Goenka and Shahid Balwa, top executives at its India …
- Court says Apple can still sell iPads … Reuters
SHANGHAI (Reuters) - A Shanghai court has rejected a request in a trademark case to stop Apple selling its iPad tablet computers in the city, averting an embarrassing … More »Court says Apple can still sell iPads …
SHANGHAI (Reuters) - A Shanghai court has rejected a request in a trademark case to stop Apple selling its iPad tablet computers in the city, averting an embarrassing suspension of iPad sales in its own flagship stores. The Shanghai Pudong New Area People's Court denied a request by Proview Technology (Shenzhen) for the …
- India asks Saudi Arabia to raise oil … Reuters
NEW DELHI (Reuters) - India has asked Saudi Arabia to raise oil supplies by 4-5 million tonnes every year as the country is expanding its refinery capacity to meet growing … More »India asks Saudi Arabia to raise oil …
NEW DELHI (Reuters) - India has asked Saudi Arabia to raise oil supplies by 4-5 million tonnes every year as the country is expanding its refinery capacity to meet growing consumption, Oil Minister S. Jaipal Reddy said on Thursday. "It has no relation to any other country, including Iran," Reddy said, adding that Tehran …
- Citi selling stake in HDFC for up to … Reuters
MUMBAI (Reuters) - Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) on Friday, three source with … More »Citi selling stake in HDFC for up to …
MUMBAI (Reuters) - Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) on Friday, three source with direct knowledge of the deal told Reuters. Citigroup has launched the process to sell about 145 million shares, or a 9.9 percent stake, in HDFC for between …
- Gold hits over 5-week high; demand stays … Reuters
MUMBAI (Reuters) - India gold futures extended gains for the fifth session in a row, to their highest in more than five weeks, prompting physical traders to remain on … More »Gold hits over 5-week high; demand stays …
MUMBAI (Reuters) - India gold futures extended gains for the fifth session in a row, to their highest in more than five weeks, prompting physical traders to remain on the sidelines, dealers said. * The most-active gold for April delivery on the Multi Commodity Exchange was 0.52 percent higher at 28,796 rupees per 10 grams, …
- Adani keen on BG stake in Gujarat G … Reuters
MUMBAI (Reuters) - Diversified Adani group is looking to pick up a majority stake in gas distributor Gujarat Gas, an official said, as it looks to expand presence in … More »Adani keen on BG stake in Gujarat G …
MUMBAI (Reuters) - Diversified Adani group is looking to pick up a majority stake in gas distributor Gujarat Gas, an official said, as it looks to expand presence in the country's fast-growing city gas business. Adani is among 6 to 7 bidders in the fray to buy 65 percent stake in the western India-focused gas distribution …
- Samsung says sales of Galaxy S II phones … Reuters
SEOUL (Reuters) - Samsung Electronics Co Ltd, which emerged as the world's top smartphone maker last year, said on Thursday that sales of its flagship Galaxy S II topped … More »Samsung says sales of Galaxy S II phones …
SEOUL (Reuters) - Samsung Electronics Co Ltd, which emerged as the world's top smartphone maker last year, said on Thursday that sales of its flagship Galaxy S II topped 20 million handsets since its launch in April last year. Sales of predecessor Galaxy S, introduced in 2010 and at the heart of bruising global patent disputes …
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Winners, losers in Obama corporate tax plan
Reuters - 16 hours agoWASHINGTON (Reuters) - The Obama administration on Wednesday proposed a plan to revamp the U.S. corporate tax system, slashing the top tax rate to 28 percent, while eliminating many loopholes that companies rely on to cut their taxes. Although the statutory top corporate tax rate is 35 percent, many companies pay nowhere near that much, with effective tax rates varying wildly because of the use of … More »Winners, losers in Obama corporate tax plan
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