Rupert Murdoch's News Corp took a huge step toward securing its prized $14 billion buyout of satellite broadcaster BSkyB when Britain accepted its proposals to ease competition concerns.
Consumer spending in the United States on deal-a-day offers is likely to go from $873 million in 2010 to $3.9 billion in 2015, representing a 35.1 percent compound annual growth rate (CAGR), a new report said.
Twitter has no plan to go public in the near future and does not need additional funds because it is making money, the co-founder of the popular microblogging site said.
A 425-foot high Orlando Eye observation wheel, almost as high as the landmark London Eye wheel, will become the new landmark of the central city of Orlando in Florida.
Some of the amenities offered at the premium lounge include complimentary food and beverages, two TV lounges, a business center, a children's room, and spa-like showers.
U.S. securities regulator is seeking information from an unknown number of regional and community banks that have restructured troubled loans in order to make them appear healthier than they really are, the Wall Street Journal said, citing people familiar with the situation.
Internet giant Google has invested $20 million in a technology start-up called Transphorm Inc., which can make electric cars more efficient.
If you’ve followed the auto industry for a while you’ll know that automakers are always sharing technology and projects in cross-collaborations that would normally make any paranoid hard-nosed capitalist weep in fear. But the latest firms to receive official blessing for a joint project might not be the strange bedfellows they appear at first.
China wants to elbow U.S. oil giant Exxon Mobil (XOM.N) out of a $15 billion liquefied natural gas (LNG) project in Papua New Guinea, U.S. Secretary of State Hillary Clinton said on Wednesday in an example of the new competition Beijing presents to U.S. interests.
Nobel laureate Muhammad Yunus has been removed from his position as head of microlender Grameen Bank, Bangladesh's central bank said on Wednesday, but Grameen said he remained in charge.
The chief financial officer of Ford Motor Co. (NYSE: F) has warned that in the absence of government subsidies, electric cars might be so expensive that only the wealthy will be able to afford them.
Rupert Murdoch's News Corp has offered to sell Sky News and also subsidize the channel for years to win approval of its planned takeover of all of British pay TV company BSkyB , the BBC reported on Wednesday.
Consultants hired by Algeria to value Orascom Telecom's local mobile phone unit are scheduled to complete their work by the end of May, Algerian telecommunications minister Moussa Benhamadi told Reuters.
Guinea's government has dispatched security forces to prevent RUSAL from exporting alumina from the port of Conakry, two sources with knowledge of RUSAL's operations said on Wednesday.
Nigeria's state oil company had the poorest transparency record of 44 national and international energy companies evaluated in a report published by international watchdogs this week.
Talibanism is on the rise in Pakistan and the government is helpless about it, Wednesday's ruthless assassination of Shahbaz Bhatti, the nation's only Christian lawmaker to hold a cabinet rank, has confirmed.
Marcellus Shale gas will bring an estimated $250 billion in payments to Pennsylvania land owners and stronger economic activity, said FBR Capital Markets.
A report from SpendingPulse on national retail and services sales for the month of February has shown that growth continued in most sectors, but slightly less robust than prior months.
Apple could be a victim of its own hype, created by its muted response to media prodding for details about the upcoming iPad 2.
The drivers won't take action towards reducing gas consumption and exiting lease contracts until gas reaches $4 per gallon, according to a report from nation's most popular online car leasing marketplace LeaseTrader.com.
Tata Steel, the world's No. 7 steelmaker, has raised its stake in Riversdale Mining to more than 27 percent, making it harder for miner Rio Tinto to seal its $3.9 billion bid for the Mozambique-focused coal miner.
The trustee seeking money for victims of Bernard Madoff's Ponzi scheme has sued Tremont Group Holdings for $2.1 billion, saying it missed warning signs the business could be a fraud.
Sands China (1928.HK), the Macau-based casino operator run by billionaire Sheldon Adelson, reported stronger-than-expected fourth-quarter earnings, driven by surging demand in the world's largest gaming market.
Russian gas export monopoly Gazprom (GAZP.MM) won the rights to a giant Siberian gas field destined to supply the fast-growing markets of China, a spokesman for the sale organiser said on Tuesday.
A Bay Area hedge fund manager settled civil charges that he secretly diverted more than $12 million in proceeds to other entities he controlled, securities regulators announced.
Financial penalties extracted from large banks over their mortgage servicing practices may be used for loan modifications, a top Obama administration official said on Monday.
Have you ever imagine living in a house with a slide when you were kids? Your kids will love this house. 'LEVEL Architects' based in Yokohama have created this amazing concept house in Tokyo.
Goldman Sachs Group Inc could lose up to $3.4 billion from lawsuits and other disputes over the securities it sold and underwrote, the investment bank said in its annual filing with regulators on Tuesday.
NFL star Tom Brady has finally sold his Time Warner Center condo in New York City this week after two-and-a-half years of being on the market.
Brewer SABMiller is to spend over $100 million to build a new brewery in Africa's second largest beer market Nigeria to take on the country's brewing heavyweights Heineken and Diageo.