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Bloomberg

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Shell cuts 6,500 jobs

The shares gained the most in more than seven months

Shell cuts 6,500 jobs
Updated On : 31 Jul 2015 | 12:15 AM IST

Debris part number said to be from same model as missing jet

While investigators haven't determined that the piece found on Reunion Island came from missing Malaysian Air Flight 370, no other 777s are known to have crashed in the Indian Ocean

Debris part number said to be from same model as missing jet
Updated On : 31 Jul 2015 | 12:05 AM IST

Dollar set for biggest monthly gain since March on Fed optimism

Currency forecasters have been ratcheting back expectations for gains in the dollar amid concern about persistent weakness in the economy that few had predicted

Dollar set for biggest monthly gain since March on Fed optimism
Updated On : 31 Jul 2015 | 12:02 AM IST

Platini will run for FIFA presidency

The FIFA vice-president and former France midfielder is the bookmakers' favourite

Platini will run for FIFA presidency
Updated On : 30 Jul 2015 | 12:38 AM IST

Etihad says $32,000 three-room flying suite is a hit with travellers

The Residence, as Etihad calls its over-the-top luxury offering, will be available on New York-Abu Dhabi flights in December when the airline puts an Airbus A380 superjumbo on the route instead of a B

Etihad says $32,000 three-room flying suite is a hit with travellers
Updated On : 29 Jul 2015 | 1:45 AM IST

China stocks seen dropping 14% as market mirrors 1929 US crash

The benchmark for mainland stocks will sink to 3,200, after plunging 8.5% to 3725.56 on Monday, the worst sell-off in eight years, says Tom DeMark

China stocks seen dropping 14% as market mirrors 1929 US crash
Updated On : 29 Jul 2015 | 1:31 AM IST
Ambani said to weigh sale of US shale gas holdings
Updated On : 29 Jul 2015 | 1:25 AM IST

Volkswagen passes Toyota to lead global automobile sales

Volkswagen benefited as car demand in Europe accelerated at the fastest pace in five and a half years, softening the blow from a slowdown in China

Volkswagen passes Toyota to lead global automobile sales
Updated On : 28 Jul 2015 | 11:23 PM IST

Teva pays $40.5 bn for Allergan's generics arm, dumping Mylan

Teva will pay $33.75 billion in cash and $6.75 billion worth of shares

Teva pays $40.5 bn for Allergan's generics arm, dumping Mylan
Updated On : 28 Jul 2015 | 1:41 AM IST
Rupee drops to 6-week low amid month-end dollar demand
Updated On : 28 Jul 2015 | 1:06 AM IST

Clock ticking for decision on insider-trading ruling

The US government won more than 80 insider-trading convictions in New York over the past six years

Clock ticking for decision on insider-trading ruling
Updated On : 28 Jul 2015 | 12:28 AM IST
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Updated On : 28 Jul 2015 | 12:23 AM IST

Dollar bulls seek sign of US strength as other currencies fall

US Fed will meet July 28-29 to discuss when to raise interest rates, and a report a day later may show US economy rebounded from a first-quarter slowdown

Dollar bulls seek sign of US strength as other currencies fall
Updated On : 25 Jul 2015 | 10:35 PM IST

Turkey expands crackdown on IS, targets Kurds too

Police arrests militants from both groups in nationwide raids

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Updated On : 25 Jul 2015 | 10:26 PM IST

Pearson in talks to sell 50% stake in Economist

A disposal of the stake would follow the sale of the Financial Times

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Updated On : 25 Jul 2015 | 8:49 PM IST

Tim Cook's $181-billion headache: Apple's cash held overseas

Booming iPhone sales overseas are adding to Apple's cash pile, pushing the company to embrace offshore affiliates to preserve and invest the money

Tim Cook's $181-billion headache: Apple's cash held overseas
Updated On : 24 Jul 2015 | 12:41 AM IST

Microsoft sees largest loss, disappointing forecast

Microsoft's revenue could be $21 billion for April-June, $1.5 bn below analyst expectations

Microsoft sees largest loss, disappointing forecast
Updated On : 23 Jul 2015 | 2:46 AM IST

Stock plunge erases $38 bn of Apple's market value

iPhone sales rose to 47.5 mn units in April-June, but fell short of the 48.8 mn projected by analysts

Stock plunge erases $38 bn of Apple's market value
Updated On : 23 Jul 2015 | 2:43 AM IST