Business news

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McDonald investor KBC NV trims, Glassman Wealth Services increases stake in the fast food chain

KBC Group sells 64,801 shares, or 36 percent of McDonald (MCD), while Glassman Wealth Services ups stake.

Dec 21, 2016

McDonald's value meal lawsuit: Class action suit claims value meals are too expensive

James Gertie of Des Plaines filed a consumer fraud class action lawsuit against a McDonald's franchisee in Chicago.

Dec 21, 2016

Budget 2017: Individual investors must overcome these challenges to survive in today's stock market

Small investors are always pitted against professional investors, who have at their disposal the best research and analysis, in this game of probability

Dec 21, 2016

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Gold prices firm as dollar slips from 14-year high

The Federal Reserve hiked rates for the first time in a year last week and projected three more increases in 2017.

Dec 21, 2016

Will Cyrus Mistry moving National Company Law Tribunal against Tata Sons get him what he wants?

The NCLT will hold the first hearing of the case filed by Cyrus Mistry — on "oppression and mismanagement of Tata Sons" — on December 22.

Dec 20, 2016

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Budget 2017: FM Arun Jaitley makes pertinent comments on railways

Railway fares are a sensitive issue, especially in the context of upcoming assembly elections; Arun Jaitley's comments are therefore important.

Dec 20, 2016

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Llyods CEO Antonio Horta-Osorio said the MBNA brand and portfolio are a good fit with the group's existing card business.

Dec 20, 2016

Play

Dollar, pound, euro or yen: Which currency should you invest in?

The US dollar could become the strongest major currency in 2017 as interest rates look set to rise.

Dec 20, 2016

Budget 2017: Govt dismisses reports about revised income tax slabs

It was reported that the Narendra Modi government would increase base income tax slabs to Rs 4 lakh per annum.

Dec 20, 2016

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Budget 2017: Will Modi Govt bite the bullet by reducing interest rates on small savings?

The government would have to do a balancing act with interest rates on small savings and elections in states while presenting Budget 2017.

Dec 20, 2016

Amazon India receives Rs 2,010 crore capital infusion from parent entity

This is the single largest fund infusion by Amazon in its Indian unit as the company tries to take the pole position in India's online market place.

Dec 20, 2016

Yen eases as Bank of Japan keeps policy steady, Asia stocks mixed

The Bank of Japan signalled its conviction that a generally weak yen and a rebound in overseas demand will lift prospects for a solid recovery.

Dec 20, 2016

Budget 2017: Govt likely to allot more funds for maternity benefit scheme

The increased allotment to the ministry of women and child development will help in universalisation of the scheme for families living below the poverty line.

Dec 20, 2016