Asia

Slow China growth dims Chinese New Year

Fireworks are big in China as a key ingredient to events like APEC, and for holidays like the Lunar New Year coming next week. But a slowdown in economic growth looks like it's taking the spark out

Feb 12, 2015

Mahindra to Acquire Pipavav Defence for ₹3,000 Crore, Eyes Order Book

The Indian defence industry is witnessing consolidation, as companies line up to pick up supplying to the Indian defence requirements. This news could see more tie-up between Indian players, and Indian and foreign players.

Feb 12, 2015

Tesla posts loss; Cisco earns beat

Electric car maker Tesla reported a loss - a profit was expected. Revenues also fell short. But Tesla said its model X will begin shopping in six months, and the company remains optmistic about its

Feb 12, 2015

Time Warner's premium cash stream

Time Warner is making programs that people really want to watch, and are willing to pay for, like HBO's "Game of Thrones" and "True Detective." Subscription fees for the premium cable network, as

Feb 12, 2015

Spain's King takes a pay cut too

Spain's economic recovery is being helped along by a cost-cutting King. King Felipe VI will earn around 234,000 euros in 2015 as head of state, 20 percent less than last year. The Royal family will

Feb 12, 2015

Can art keep drawing in investors?

Visitors to a Swiss art gallery say their fond farewells. To a long-time resident - now global star. Gauguin's masterpiece When Will You Marry is moving on to shows in Madrid and Washington. Then

Feb 11, 2015

How strong is Germanys Greek resolve?

They need a thaw - and not just in Athens. The relationship between Greece and Germany is becoming increasingly frosty. (SOUNDBITE) (Greek) UNIDENTIFIED ATHENS RESIDENT SAYING: "It is difficult,

Feb 11, 2015

UKs turn to trial driverless car

Driverless cars are one step getting closer to hitting the roads in the UK. A government-backed project on Wednesday unveiling a pair of prototype vehicles. One is already ferrying passengers around

Feb 11, 2015

Pepsi tops estimates despite stronger dollar

Strong sales from its Frito Lay business helping Pepsi top estimates in the fourth quarter, despite a drop in profit and revenue…. The stronger dollar weighing on results. Sales from its North

Feb 11, 2015

Has Sky paid too much for tv soccer?

It's a record TV deal and Sky emerged the champions, paying 4.2 billion pounds for the rights to show the lions share of Premier League matches. They'll broadcast 126 live games over three years

Feb 11, 2015

Russia sees boost ahead of talks

The aftermath of the latest fighting in rebel-controlled Donetsk. Scenes like this are deepening fears that the violence in eastern Ukraine is reaching a new tipping point. And adding impetus to

Feb 11, 2015

BSE closes points 178.35 up on Feb 11

New Delhi, Feb 11 (ANI): Trading at the Bombay Stock Exchange today closed 178.35 points up to stand at 28,533.97. At the National Stock Exchange the Nifty closed 61.85 points up to stand at 8,627.40. FORTIS and NCC were among the top gainers of Group A with an increase of 20.00% and 19.97% along with PIPAVAV DOC and HCC with an increase of 15.96% and 11.74% respectively, while the top losers of Group A include SRF and PMCFIN with a decrease of 5.50% and 4.94% along with SADBHAV ENGINEERING LTD. and MUTHOOT FINANCE LTD. with a decrease of 4.63% and 3.04% at the close of the markets. The Auto sector is up 152.22 points at 19,097.69 while the banking sector is up 225.47 points at 21,689.54 and the reality sector is up 12.80 points at 1,715.53. The Indian currency is up 0.08% at Rs 62.23 per dollar.

Feb 11, 2015