Companies

GSK & Novartis try swapping success

There've been several big pharmaceutical takeovers in recent months. But the latest $20-billion deal between Britain's GlaxoSmithKline and Switzerland's Novartis is no merger.

Mar 2, 2015

Europes relief after Estonia election

Another neighbour of Russia has turned towards Europe. Estonia's centre-right prime minister claimed victory in Sunday's election. Taavi Roivas, the leader of the Reform Party, is set to form a

Mar 2, 2015

How can West Africa rebuild after Ebola?

More than 9,500 people in West Africa have died from Ebola - 23,000 more have been infected. Sierra Leone has been worst hit. And although infection rates are now slowing the economy is still

Mar 2, 2015

BSE closes points 97.64 up on March 2

New Delhi, March 2 (ANI): Trading at the Bombay Stock Exchange today closed 97.64 points up to stand at 29,459.14. At the National Stock Exchange the Nifty closed 54.90 points up to stand at 8,956.75. NCC and JK LAKSHMI were among the top gainers of Group A with an increase of 17.47% and 14.77% along with SRE INFRA and HCC with an increase of 14.18% and 10.41% respectively, while the top losers of Group A include MUTHOOT FINANCE LTD. and GMR INFRA with a decrease of 7.08% and 5.60% along with ITC and BAJAJ-AUTO with a decrease of 4.97% and 4.03% at the close of the markets. The Auto sector is down 78.50 points at 19,924.95 while the banking sector is up 408.75 points at 22,981.72 and the reality sector is down at 5.38 points at 1,816.54. The Indian currency is up 0.15% at Rs 61.94 per dollar.

Mar 2, 2015

Can curved screen give Samsung the edge?

Two new offerings from Samsung. The Galaxy S6 and S6 Edge. The world were given a preview of the pair at the start of the Mobile World Congress in Barcelona. Samsung's CEO JK Shin. (SOUNDBITE) (

Mar 2, 2015

Macau seeks family-friendly revenue

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS A fresh building frenzy at the height of a severe downturn. Macau casino operators are betting that new attractions can revive the

Mar 2, 2015

China looks to cure economic malaise

Trouble building up on the world's factory floors. In a bid to head it off, China cut interest rates over the weekend. It's the second rate cut in over three months, coming just ahead of China's

Mar 2, 2015

Union Budget 2015: Excise Duty on Cigarettes go up, Tobacco Company Stocks Slip

The FM increased excise duties on cigarettes, which saw industry stocks slip.

Feb 28, 2015

Dow, Nasdaq winners fourth straight week

Mixed data Friday suggests the economy is slowly improving. But it didn't keep stocks from sliding on the day. Still, the Dow and Nasdaq rose for the fourth straight week. U.S. economic growth

Feb 28, 2015

Low gas prices, yes, spending, no

Tumbling gas prices equate to virtual pay raises. But many Americans don't seem to be spending that that new found cash. Retail sales have been relatively flat and the savings rate is up. So what

Feb 28, 2015

Despair in Donetsk over rising prices

Plenty of food - but for some, no way to buy it. In war torrn Ukraine, food prices are rising rapidly. For many residents in the rebel stronghold of Donetsk, food items once considered staple - are

Feb 27, 2015

Lloyds raises rare smile - and dividend

Success has been hard to come by for banks of late. One though seems to have found a winning formula. Lloyds resuming dividend payments for the first time in 6 years. The UK lender was bailed out

Feb 27, 2015

Airbus on the up, IAG upgrades forecasts

Earnings at Airbus took to the skies in 2014, rising 54 percent before one-off items. The news boosted shares more than 6 percent, the equivalent of 2.5 billion euros or roughly the price of six A380

Feb 27, 2015

Buffett may look abroad for buys

Warren Buffett called America "the mother lode of opportunity" last year, but this year, he could look for some of that lode in a foreign land. The billionaire investor's must-read annual shareholders

Feb 27, 2015

Russia worry sets tone for Estonia poll

Estonia's defence league holds a fun day at a local school in Tallinn. The tiny Baltic state is one of the few NATO members to keep defence spending at a NATO target of two per cent of GDP. Its 1.3

Feb 27, 2015