Business news

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

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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

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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

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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

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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

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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

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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

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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

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

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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