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Jaguar Land Rover (JLR) Chief Executive Officer Ralf Speth looks on during a news conference to announce Tata Motors' third quarter results in Mumbai

India regulator fines carmakers $420 million for anti-competitive practices

26/08/2014(0)
India’s pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in ... Read More
Pictet is pictured at company headquarters in Geneva

Swiss Bank Pictet Reveals Results for First Time

26/08/2014(0)
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in ... Read More
industrial zone in Kawasaki

Japan government turns more cautious on weak factory output

26/08/2014(0)
Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is ... Read More
McDonalds

Russian food safety regulator shuts fifth McDonald’s restaurant

26/08/2014(0)
Russia’s food safety watchdog has ordered the temporary closure of one of McDonald’s restaurants in Yekaterinburg in the Urals region, the fifth such closure in recent weeks, the fast ... Read More
China-property-developers

Chinese property developer give discount to online homebuyers

26/08/2014(0)
China Vanke, the country’s largest residential property developer by sales, and Taobao, the country’s largest virtual bazaar, have teamed up to offer homebuyers discounts for shopping online. Home buyers ... Read More
Napa-Sonoma-Wine-Country-in-Luxurious-Style

California Wine Country Quake Losses reach Billions

26/08/2014(0)
A strong earthquake that jolted residents of California’s Napa Valley wine country from their beds on Sunday caused insured property damage likely in the hundreds of millions of dollars, ... Read More
amazoncom

Amazon snaps up live video startup Twitch for $970 million

26/08/2014(0)
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination ... Read More
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Chevron seeks for Canadian oil project up to $1.5 billion

26/08/2014(0)
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including ... Read More
banks

Europe Fears Banks Lack Cash Cushion to Cover Bad Loans

25/08/2014(0)
As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash. The E.C.B. ... Read More
Chinese flag

China plans its own operating system to take on Microsoft, Google and Apple

25/08/2014(0)
China could have a new homegrown operating system by October to take on imported rivals such as Microsoft, Google and Apple, Xinhua, the government news agency, reported. Computer technology ... Read More
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