Business news

Hotel Plaza owned by Sahara Chief in New York

Sahara-Mirach Deal Falls Through, Dampens Efforts to Secure Subrata Roy's Release

However, the offer to buyout Sahara's three overseas hotels for $2.05 billion exists

Feb 11, 2015

HKEx looks to more mainland China links

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Hong Kong may already be the financial powerhouse of Asia, but the city's stock exchange has more ambitious plans for the future of the

Feb 11, 2015

Apple Becomes First US Firm Worth $700Bn in Stock Valuation

The valuation puts Apple on the top, which is more than the combined valuation of Google and Microsoft, its two closest competitors.

Feb 11, 2015

'Anegan' Release: Dhanush Starrer Set for Record Release in Kerala

As per reports, Dhanush's 'Anegan' will release in 91 theatres in Kerala.

Feb 11, 2015

Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy

The sugar industry is reeling from increased production and depressed prices, and looks forward to the government announcing an export subsidy to tide over the crisis

Feb 11, 2015

Limping SpiceJet's Sweet Deal: Fly for ₹599

The no-frills airline is offering a slew of discounted tickets to gain market share. Even though its cash flow may increase, its profitability may suffer.

Feb 11, 2015

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Wall Street advances on Greek debt hopes, Coke earnings

U.S. stocks climbed higher on Tuesday on hopes of a debt deal for Greece and a lift from Coca-Cola earnings. Talking about earnings. With about two-thirds of S&P 500 companies reporting, about 73

Feb 11, 2015

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What DSK Knew

Outside the courthouse, topless women protest as Dominique Strauss-Kahn heads into court. Inside the courthouse the former IMF chief faces pimping charges. The 65- year old is accused of instigating

Feb 11, 2015

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Healthcare leads U.S. earnings winners

The strong U.S. economy is contributing to profit growth at U.S. companies. With about two-thirds of the results in, Thomson Reuters data showing 73 percent of S&P 500 companies have beaten earnings

Feb 11, 2015

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G20 pledges action not just words

They came to show support for the people of Greece. And the Turkish Freedom and Solidarity Party made their point at the G20 leaders meeting loud and clear. (SOUNDBITE) (Turkish) PROTESTER AND

Feb 10, 2015

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Coca-Cola profit plunges 55 percent

Coca-Cola, the world's largest beverage maker, saw its profit plunge 55 percent during the fourth quarter. However, it did beat expectations. Sales in North America rose for the first time in four

Feb 10, 2015

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Greece raises stakes ahead of debt talks

Greece is said to be the birthplace of the ancient art of rhetoric. Something that's still going strong. (SOUNDBITE) (Greek) GREEK FINANCE MINISTER, YANIS VAROUFAKIS, SAYING: "Our government, like

Feb 10, 2015

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Industry ups and downs for Europe

More signs of recovery in Europe - small ones anyway. Industrial output improved in struggling Italy in December - the 0.4 percent gain was the second straight monthly rise - beating all analysts'

Feb 10, 2015

'Yennai Arindhaal' 5 Days Box Office Collection: Ajith Starrer Nearing $500k Mark in US

"Yennai Arindhaal" is continuing its success run and has become the highest grossing Ajith movie in US

Feb 10, 2015

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Chocolate sniffing sales high

Most people eat it. Some cook with it. And now, chocolate is also being snorted. Dominique Persoone created a cocoa sniffing device back in 2007 for a Rolling Stones' party. And it's been flying

Feb 10, 2015

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