Business news

Facebook reported a 11% jump in profit for the third quarter as it witnessed a spike in revenue from ad sales. The social media giant saw revenues climb to $4.5bn (Â£2.9bn, â‚¬4.1bn) and claimed that its average daily users rose to more than 1 billion a day.

Nov 5, 2015

Brazil: Petrobras' worst strike reduces oil output, deepens crisis

It's like the unions are saying, 'Hey, Petrobras is in intensive care. Let's pull the plug, a Brazil energy research company said.

Nov 5, 2015

Housing.com to fire 200 employees this month to reach cost cutting targets: Report

"...this time the company is laying off without solid ground," said a senior Housing executive

Nov 5, 2015

Asia stocks fall as Fed hints at December interest rate hike

Central banks from Australia to Thailand have voiced their caution at their scheduled policy meeting this week.

Nov 5, 2015

Solar power tariff at all time low: Power Minister

Through reverse e-bidding, NTPC has received bids of Rs 4.63/kW.h by a US-based Sun Edison company.

Nov 5, 2015

Nokia: Only 45 percent of 3G capable devices have valid subscription

one in every four Indians has a capable 3G device, while 3G subscribers today are only at 100 million.

Nov 5, 2015

Star Wars The Force Awakens and Frozen merchandise driving UK toy market Christmas sales

Film-related products now account for 15% of all UK toy sales.

Nov 4, 2015

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Business news

China slowdown forcing MNCs to think of turning away

Probe begins into Exxon Mobil misleading public on climate

H and M Balmain mayhem: Scuffles break out in Regent Street as retailers fear Black Friday frenzy

Virtusa to buy 53% stake in Polaris for Rs.1,173 crore

Layoffs create chaos among employees at TinyOwl office in Pune

Microsoft ties up with Justdial, Snapdeal, Paytm for 'cloud' start-up initiative

Sensex slumps 250 points ahead of Bihar election results

Facebook: 500 million watch videos daily, while 1 in every 7 checks profile

Facebook posts strong revenue growth; average daily users rise to more than 1 billion per day

Brazil: Petrobras' worst strike reduces oil output, deepens crisis

Housing.com to fire 200 employees this month to reach cost cutting targets: Report

Asia stocks fall as Fed hints at December interest rate hike

Solar power tariff at all time low: Power Minister

Nokia: Only 45 percent of 3G capable devices have valid subscription

Star Wars The Force Awakens and Frozen merchandise driving UK toy market Christmas sales

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]