International News - Page 11

GlaxoSmithKline widens corruption probe, includes UAE operations

Other pharmaceutical companies, too, are in the firing line for alleged improper sales behaviour

Dichotomy explained: The stronger ISIS has grown in Middle East, deeper oil prices have fallen

The brent crude oil is currently trading at around $92.8 per barrel. This is a fall of more than 19 percent since June 2014. The stronger ISIS has grown in the Middle East, the more oil prices have fallen.

Apple factor: Samsung stares at lowest quarterly profit in three years

With growth momentum in smartphones sagging, Samsung is moving to step up its presence in the semiconductor business.

Rio Tinto turns down Glencore's offer to form $160 bn mining giant

A merger would have created the world's biggest miner, supplanting BHP Billiton.

Hewlett-Packard splitting into two companies, Whitman to lead enterprise unit

The PC and printer business will use the name HP Inc. The services business will be called Hewlett-Packard Enterprise.

Hilton to sell iconic Waldorf Astoria hotel to Chinese insurer for $1.95 bn

Waldorf Astoria New York is the flagship hotel of the company's luxury brand, Waldorf Astoria Hotels & Resorts.

Dozen global banks come together to set up one-stop bond shop

The initiative, called "Neptune," will not be for executing trades, rather it will link up banks and investors in the market and potentially some of the existing trading platforms they use

Will he, won't he? Jindal Group plots last minute coup to acquire debt-ridden London Mining

London Mining has been battling big debts, crashing iron-ore prices and the ebola outbreak in Africa, where it operates a mine

GM recalls 60,000 cars in the US over safety issues

GM's safety problems began earlier this year with the recall of 2.6 million small cars with faulty ignition switches.

JPMorgan shocker: US probing 83 million customer records theft

Cybercrime experts warned that the hack could fuel years of fraud

Include oversight of shadow banking in policies: IMF tells countries

As one of the major contributors to the financial turmoil six years ago, shadow banking accounted for at least a third of total systemic risk similar to that of banks in the US right now

Oops: Apple's iOS 8 causing Bluetooth connectivity issues

The Bluetooth pairing problems are not just limited to cars, as iOS 8 users have also reported issues pairing their devices with headphones, speakers, headsets and more.

EBay to spinoff PayPal into listed company in 2015

"A thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively," eBay Chief Executive John Donahoe said in a statement.

21 years and counting: Microsoft's Bill Gates remains on top of Forbes' 400 richest Americans

Bill Gates' net worth totaled $81 billion, up $9 billion from 2013.

Apple's iPhone 6 gets green signal from Chinese authorities

The iPhone 6 had been released in other countries, including the United States, on September 19 but Apple did not give a release data for China.

Modi effect: GE's Immelt says India is a great place to invest, wants to scale up

The Prime Minister pitched the India story in his interaction with Immelt

Solar energy could be top source of energy by 2050

IEA reports said solar photovoltaic (PV) systems could generate up to 16 percent of the world's electricity by 2050

Chinese e-commerce giant Alibaba gets nod to establish private bank

Currently, China has only one private bank in service, China Minsheng Bank, which was founded in 1996 in Beijing.

Lufthansa pilots to continue strike; long-haul flights to be hit

Lufthansa pilots can currently take paid early retirement from the age of 55. They are fighting a plan by the airline to raise the minimum age and to involve pilots in the financing of their pensions.

Rock-star reception, rotating stage: Modi to court Indo-Americans at Madison Sq Garden

Modi will speak from a rotating platform measuring 15 meters (yards) across. He will speak Hindi, but is expected to give some remarks in English

China-led Asia infrastructure bank gains support from 21 countries

Come teach business, entrepreneurship in India: Modi tells US businessmen

Keen to attract investment to India, Modi would be meeting as many as 11 top corporate honchos over breakfast tomorrow.

Modi in US: PM jabs at Pakistan, encourages yoga in UN speech

Modi appeared to chastise Pakistan Prime Minister Nawaz Sharif, who had used his own General Assembly address on Friday to blame India for the collapse of the latest talks over Kashmir

US to seize Modi visit to build reliable, resilient partnership

Modi's interactions with President Barack Obama would provide the two leaders an opportunity to set forth their vision for this "defining partnership of the 21st century", senior administration officials said in a teleconference preview.

Managing Kumbh Mela to public housing: Modi takes lessons from New York Mayor

Discussion was on how the New York police metamorphosed after the 9/11 terror attacks in which over 3,000 people were killed and landmark twin towers of World Trade Center were destroyed.

Come, list on Indian exchanges, India tells American cos as Modi begins US visit

The new regime would be complementary to the existing ADR or American Depository Receipt regime under which Indian companies get listed on the US stock exchanges.

BlackBerry narrows net loss to $207 million in Q2 on more handset sales

Canadian handset maker BlackBerry today said it has narrowed its net loss for the second quarter ended August 31, 2014 to $207 million compared to the previous year helped by increased adoption of its BlackBerry Enterprises Service (BES) and handset sales.

It's coming here! Swiss chocolate giant Barry Callebaut to set up manufacturing unit in India

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