Companies

Lego builds on movie success

Lego has been building its empire since 1932. And it's still owned by the Kristiansen family who founded it in Denmark It now employs 14,000 staff and is sold in more than 140 countries. The

Feb 25, 2015

Greeks place hope in new reforms

A new day in Athens and a sunnier outlook for Greece, reflected by the mood on the streets. (SOUNDBITE) (Greek) 36-YEAR-OLD ATHENS RESIDENT, VALENTINA MELNICHUK, SAYING: "People have started hoping

Feb 25, 2015

Apple ordered to pay $533 mln

A blow to Apple: a federal jury in Texas ordered the iPhone maker to pay more than half a billion dollars. It ruled that Apple's iTunes software had infringed three patents owned by the patent

Feb 25, 2015

Telefonica upbeat for year ahead

Europe's third biggest telecoms company is getting bigger. Spain's Telefonica expects 2015 sales to grow by 7 percent this year and 5 percent next year. It's putting one-off factors such as a weaker

Feb 25, 2015

SC Allows RBI to Initiate Action against Sahara over Diversion of Funds

The SC came down heavily on Sahara Group for alleged diversion of funds to repay investors, in direct contravention of an RBI order.

Feb 25, 2015

BSE closes points 3.33 up on Feb 25

New Delhi, Feb 25 (ANI): Trading at the Bombay Stock Exchange today closed 3.33 points up to stand at 29,007.99. At the National Stock Exchange the Nifty closed 5.15 points up to stand at 8,767.25. SIEMENS and PMCFIN were among the top gainers of Group A with an increase of 5.27% and 4.93% along with OBEROI REALTY LTD. and NIIT TECHNOLOGIES LTD. with an increase of 4.72% and 4.67% respectively, while the top losers of Group A include CENTRAL BANK OF INDIA and RASOYA PROTEINS LTD. with a decrease of 8.07% and 3.92% along with THERMAX and ALEMBIC PHARMACEUTICALS LTD. with a decrease of 3.81% and 3.19% at the close of the markets. The Auto sector is down 5.62 points at 19,632.82 while the banking sector is down 164.25 points at 21,475.41 and the reality sector is up at 6.15 points at 1,757.75. The Indian currency is down 0.27% at Rs 62.03 per dollar.

Feb 25, 2015

Property tax fears fuel UK rental rise

++NOTE TO EDITORS, THIS EDIT REPLACES 1177 WITH NAME CORRECTION++ A smart family home in the heart of London. It would cost several million pounds to buy. But this one's not for sale. It's one of

Feb 25, 2015

Tomorrow's design talent showcases at London Fashion Week

Their names may not be familiar just yet, but the Central Saint Martins graduate show is one of the most anticipated events at London Fashion Week. As in previous years, fashion journalists and

Feb 25, 2015

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Samsung Electronics, China Trade Deal Give Boost to South Korea's Yuan Hub Ambitions

South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December.

Feb 25, 2015

China's factories show signs of a rebound

China revving back up after a week-long holiday welcoming in the year of the sheep. And it looks like things are off to a slightly better-than-expected start. A snapshot of factory health, the HSBC/

Feb 25, 2015

China stocks to welcome short-selling

Fresh off of the Lunar New Year holiday break, the main Chinese stock exchange is opening its doors to short sellers. As soon as next week, foreign investors will for the first time be able to short

Feb 25, 2015

SBI-led Consortium Initiates Kingfisher House Possession

A State Bank of India-led consortium of 17 banks has initiated the process of taking over physical possession of the famed Kingfisher House, valued at ₹100 crore.

Feb 25, 2015

It's ten in a row for the Nasdaq

Stocks rose after Fed chair Janet Yellen's congressional testimony where she said the central bank is preparing to consider interest rate hikes on a meeting-to-meeting basis. The Dow and S&P 500

Feb 25, 2015

Fed's Yellen makes subtle shift in emphasis

A subtle but powerful message adjustment from Fed Chair Janet Yellen speaking to the Senate Banking Committee about plans for the first interest rate hike since 2006: (SOUNDBITE) JANET YELLEN, CHAIR

Feb 25, 2015

Spanish economy strengthening, says PM

There's an election on the horizon and upstart parties sprouting out of discontent. For a Spanish government lacking in voter support, some positive economic news couldn't come at a better time.

Feb 24, 2015