George Soros exits shares bought during Bill Hwang’s Archegos implosionMost of the Archegos-linked stocks extended their slide in the second quarter. Vipshop plunged 33% in the three months through June, Tencen...
S&P Global to buy IHS Markit in $44 billion mega dealThe mega-deal, which IHS Markit Chief Executive Officer Lance Uggla told employees in a memo had been in the works for the last few months,...
S&P Global in advanced talks to buy IHS Markit for $44 bn: ReportS&P Global provides debt ratings of sovereigns, companies, as well as data to capital and commodity markets around the world.
PM Modi to inaugurate annual India Energy Forum next weekModi will deliver the inaugural address at the virtual event, to be held on October 26-28, organiser IHS Markit said in a statement.
Red-hot Nasdaq 100 is threatening to double inside of two yearsFew dare bet against further gains. Short interest as a percentage of shares outstanding on the exchange-traded fund that tracks the Nasdaq...
Wall Street slides as gloomy data adds to fearsThe manufacturing sector also clocked its lowest reading since August.
Tesla killers are arriving from Jaguar, Porsche, Audi and moreTesla has ruled the roads for e-car buyers, with little direct competition. But those days are over.
Cash crunch stifles service sector again in DecemberDownturn in services was broadbased, with hotels and restaurants being the worst performers. The survey blamed note ban for deterioration i...
Jack Ma offers China’s answer to Apple, Google with web carBillionaire Jack Ma is taking the challenge to Apple Inc. and Google by pushing Alibaba Group Holding Ltd. into the car business.
$100 for shaving beard: ISIS imposes new fines, taxes as they lose their territoryThe required payment of the jizyah, a tax historically levied on non-Muslims permanently residing in Muslim lands under Islamic law are now...
LyondellBasell set to buy Pune polypropylene unit of Zylog PlastalloysUpon completion of the acquisition, LyondellBasell will double its customer base, becomeing the third largest producer of polypropylene com...
LyondellBasell, one of the world’s largest plastics' company, to acquire SJS PlastiblendsThis acquisition will expand LyondellBasell’s existing footprint in India and enhance the company’s position in India’s growing automotive ...
Hurricane Sandy keeps millions away from work in US, may cut output by $25 bn in fourth quarterAtlantic superstorm Sandy may cut US economic growth as it keeps millions of employees away from work and shuts businesses from restaurants...
- Windows 8 operating system unveiled by Microsoft to challenge Apple's iPad in the market for tablets
The product is an attempt to vault Microsoft into a fast-growing market controlled by Apple and Google Inc's Android software.
- Samsung sells hard-disk drive business to Seagate
After the deal, Samsung will become the second-largest shareholder of Seagate with a 9.6% stake and will be entitled to nominate a board di...
- Oil price rise unlikely to slow developing growth
The rise in crude oil prices to two year highs in recent weeks is unlikely to cause a major shock to economic growth in the developing worl...
- Infotech Enterprises ventures into oil and gas business
Infotech Enterprises Limited (IEL), a technology solutions provider with US Geospatial Headquarters in the US announced today that it has s...