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HSBC to pay 267.5 million euros in France over tax fraud claimThe $312 million deal with French financial prosecutors, which sees the bank avoid further prosecution, was approved by a judge at a Paris ...
FIIs still hold $800 bn in Indian equities, but continued selling poses risk: ReportForeign institutional investors (FIIs) continue to hold approximately USD 800 billion worth of Indian equities, but their ongoing selling r...
Microsoft works to add non-OpenAI models into 365 Copilot products, sources sayMicrosoft is integrating internal and third-party AI models into its Microsoft 365 Copilot. This aims to reduce dependence on OpenAI and cu...
Food delivery, quick commerce take a bite out of QSR sales: brokerage reportsFor the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, whi...
Despite weak NIM, overall health makes Axis Bank a top pickThe average analyst price targets on Axis Bank after the third quarter results stood at ₹1,271.80, implying an upside of 20% from Wednesday...
European shares dip as doubts grow about US-China trade truceThe pan-European STOXX 600 fell 0.1 per cent.
After crude oil market, look what electric car revolution is disrupting nowCommodities in demand right now, like oil and platinum, may not be in demand in the future.
Donna Karan brand sold to to G-III for $650 millionThe sale reflects LVMH’s inability to generate profitable growth from the business, which has counted Hillary Clinton and Michelle Obama am...
AB InBev bids $104 billion for SABMiller after offers rejectedAnheuser-Busch InBev NV offered to buy SABMiller Plc for 68.2 billion pounds after the London-based brewer spurned two previous proposals m...
Iran may stage comeback in oil market amid growing pessimism in with analystsThe consensus among analysts and traders is that Tehran needs at least a year after sanctions are lifted to raise output to the level.
Fashion biggies who haven't named a successor yetAt its core, the business of fashion is an endless quest for something new. Problem is, some of the biggest names are getting rather old.
Procter & Gamble kicks off sale of its beauty brandsP&G has sent out sale documents to potential bidders for its Wella haircare unit, cosmetics brands and its fragrance business, according to...
Luxury item prices soar as brands attempt to go upmarketKim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton ...
Worth it? Nestle weighs options for L'Oreal stake sale conundrumA deeper push into personal care would follow a path blazed by peers P&G Co and Unilever, benefiting from faster growth in shampoos and cre...
Ericsson in talks to buy Microsoft’s IPTV business: ReportThe transaction could be announced in a few weeks, said one of the people, who asked not to be identified because the discussions are priva...
- Standard Chartered to raise $ 5.2 bn in rights issue
British bank Standard Chartered PLC surprised the market on Wednesday by asking its shareholders for nearly 3.3 billion pounds ($5.2 billio...
- Regulator wants BAA breakup
BAA, the owner of Heathrow, may be ordered by antitrust regulators to sell two London airports and one in Scotland.
- InBev raises Anheuser bid to $50 bn
InBev raised its takeover offer for Anheuser-Busch by $3.6 billion to $49.9 billion, and the two brewers are now discussing a possible merg...
- SAP defends bid for Business Objects
German software maker SAP on Monday defended the 20 per cent premium it was prepared to fork out to snap up Franco-American software group ...
- Vodafone's Indian bid may hit credit rating: reports
British telecom giant Vodafone could face a downgrade in its credit rating by Standard and Poor's if its proposed bid for Hutchison Essar L...