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India turns to nuclear power as Gulf risks riseIndia is boosting its energy security. Investments are growing in solar, wind, and nuclear power. Recent geopolitical events highlight nucl...- Over 160 Pakistani lawmakers in violation of tax laws, says reportOf the 1,170 lawmakers in the country, including National Assembly and Provincial government members, 161 are in violation of tax laws, Geo...
- Pakistan on the losing side of historyIn yet another bizarre and hollow threat Director General (DG) Inter-Services Public Relations (ISPR) Major General Babar Iftikhar, while a...
- Apple tries to find a place on corporate wristsWhile smartphones are viewed as must-haves for business users, for many companies the watch is more of a nice thing to have.
- Dell to buy EMC for $67 billion in biggest technology acquisition everDell Inc will buy data storage company EMC Corp in a deal valued at about $67 billion, the largest on record in the technology sector.
- How Apple, Samsung just caused Qualcomm to cut 15% of its workforceThe biggest news coming out of Qualcomm's earnings report on Wednesday was its plan to cut 15 per cent of its workforce and $1.4 billion in...
- Netflix will be watched more than all the major TV networks within a year: AnalystsNetflix's popularity is soaring around the world, and analysts predict it will have a larger audience than all the major broadcast networks...
- IBM posts 4 per cent drop in quarterly revenue, shares slumpIBM reported a 4 per cent drop in quarterly revenue as client activity slowed in September, sending its shares down sharply in pre-market t...
- Microsoft said to back off plans to debut smaller surfaceMicrosoft CEO Satya Nadella and executive vice-president Stephen Elop decided that product in process wasn’t different enough from rivals .
- Low-key and humble, Satya Nadella is every bit different from Steve BallmerRight from the start, new Microsoft Chief Executive Officer
- JPMorgan traders took risks they didn't understand: CEOJPMorgan Chase chief executive officer Jamie Dimon told Congress the bank let traders take risks they didn't understand.
- BofA sees its biggest loss in lender's historyBank of America posted the biggest quarterly loss in the lender's history after chief executive Brian T Moynihan booked more costs.
- Goldman Sachs Q2 profit falls short of estimatesGoldman Sachs reported second-quarter profit that fell short of analysts' estimates as fixed-income revenue plunged 63% from the first quar...
- Microsoft's billions count for little in post-PC worldMicrosoft reported record first-quarter sales on Thursday of more than $16 billion and notched up a not-too-shabby $5.4 billion in net prof...
- AIG may sell Japan units for $4.8 billionAmerican International Group may reach a deal as soon as today to sell two Japanese life insurance units to Prudential Financial for about ...
- New rules for Wall Street must clear final hurdlesFrom big banks' exotic trades to the credit cards in people's wallets, a few contentious issues could upend a delicate political equilibriu...
- Goldman Sachs shares dip, but analysts upbeatWall Street analysts maintained positive views Monday on Goldman Sachs Group Inc., even though the investment bank's shares continued to ta...
- As losses slow, big banks eye big profits in Q1Five of biggest US banks are set to report profits for Jan-Mar period. However, analysts are split about Citigroup Inc. Full Cov: Financial...
- US large-loan bank losses triple to $53 bnWhile economic downturn was first pegged to mortgage loans, banks and lenders are now having problems with commercial real estate. World's ...
- US Fed asks banks to stay mum on stress test resultsTests are part of the treasury's plans to bolster confidence in banks' financial health.
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