Business news

apple-and-google-poaching-settlement-headed-for-approval

Apple and Google poaching settlement headed for approval

A US judge on 2 March seemed satisfied with a proposed $415m (£267m) settlement that would end a lawsuit in which tech workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries. Mar 3, 2015
bse-closes-points-134-59-up-on-march-3

BSE closes points 134.59 up on March 3

New Delhi, March 3 (ANI): Trading at the Bombay Stock Exchange today closed 134.59 points up to stand at 29,593.73. At the National Stock Exchange the Nifty closed 134.59 points up to stand at 8,996.25. TATA ELXSI LTD. and BHUSHAN STEEL LTD were among the top gainers of Group A with an increase of 20.00% and 15.30% along with IDBI and NATCO PHARMA LTD. with an increase of 10.33% and 9.99% respectively, while the top losers of Group A include EICHER MOTORS LTD. and COAL INDIA with a decrease of 4.46% and 3.98% along with MAHINDRA and MAHINDRA LTD and OBEROI REALTY LTD with a decrease of 3.48% and 2.79% at the close of the markets. The Auto sector is down 171.82 points at 19,753.13 while the banking sector is down 61.57 points at 22,920.15 and the reality sector is down at 21.59 points at 1,794.95. The Indian currency is down 0.04% at Rs 61.89 per dollar. Mar 3, 2015
rba-surprises-on-interest-rate-hold

RBA surprises on interest rate hold

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of Mar 3, 2015
alibaba-down-and-out-in-taiwan

Alibaba down and out in Taiwan

Flying high around the world but booted by its next-door neighbor. Alibaba has been given its marching orders in Taiwan. Officials ordering the Chinese e-trade giant to get out within six months, Mar 3, 2015
nasdaq-closes-above-5000

Nasdaq closes above 5,000

U.S. stocks advanced on Monday, pushing the Nasdaq above the 5,000 mark for the first time in fifteen years. The dollar hit an 11-year high on expectations the Federal Reserve might raise interest Mar 3, 2015
monday-dishes-out-mixed-data

Monday dishes out mixed data

A batch of economic data out Monday underscores a still improving but choppy recovery for the U.S. economy. The manufacturing sector, for example, is expanding but at a slower rate. A final report Mar 3, 2015
mobile-world-looks-to-5g

Mobile World looks to 5G

Welcome to the future. A place where you can stream videos as holograms from your phone. HD movies will take a matter of seconds to download. While data speeds reach the giddy heights of 13 Mar 3, 2015
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