Steel Authority of India (SAIL), the country's largest domestic steel producer, blamed a halving of quarterly profit on rising costs and a strong dollar on Thursday.
Yunfeng Capital, Silver Lake and other investors completed the purchase of a 5 percent stake in Alibaba Group, parent of listed Alibaba.com Ltd, worth $1.6 billion on November 1, a source told Reuters on Thursday.
Russian companies are the most likely to engage in bribery when conducting international deals, followed closely by China, according to the 2011 Bribe Payers Index from Transparency International.
Ahead of world’s one of the most sought after beauty pageants, Miss World 2011 contestants seemed to break away from the mounting pressures of various contests, as they partied hard on Wednesday evening.
China's people have a clear message for their government -- don't even think of saving Europe.
Miss World contestants from a number of participating countries showed off their talent as they performed at a charity dinner gala on Nov. 2 in London.
China successfully carried out its first docking exercise on Thursday between two unmanned spacecraft.
Miss World 2011: Top 20 Model Semi-Finalists, Beauty With a Purpose [PHOTOS]
RealD Inc's shares fell as much as 14 percent in extended trade after the licensor of 3D technologies said Samsung Electronics pulled out of an agreement to make television panels featuring the company's technology.
The leaders of the world's major economies will meet in Cannes, France starting Thursday to discuss matters critical to commerce, international trade, and the global economy. That means the discussion will be dominated by Greece.
Attempts by China, Russia and others to gain more control over the Internet are doomed to failure, Britain said on Wednesday, after hosting a major conference on cyberspace that it said sent a clear signal to authoritarian governments.
Forbes released its list of the 70 most powerful people in the world, with the leaders of the U.S., Russia and China topping the list.
A small Spanish tablet maker has won a patent infringement battle with Apple Inc in a rare victory against the U.S. company in its global defense of markets for its iPads, a court document showed on Wednesday.
This year's American Film Market kicks off in Santa Monica Wednesday with 10 percent more buyers than last year and 415 films up for grabs.
Republican presidential candidate Herman Cain said on Wednesday that his opponents are trying to destroy me over allegations of sexual harassment that have rocked his 2012 bid.
Airline ticket prices may rise by $33 round trip across the Atlantic if a new European Union carbon law sticks.
Internet giant Google expects India's Internet growth to be driven by mobile users, predicting that they will form the majority of new Internet users in the country as low-priced smartphones become available.
Dissident Chinese artist Ai Weiwei vowed on Wednesday to fight tax evasion charges to the death, a day after the government ordered a company linked to him to pay 15 million yuan ($2.4 million) in back taxes and fines.
Growing numbers of investors are turning to the minor metals market as a safe haven for their pension funds as gold and silver prices soar to record highs.
Corporations are booking huge third-quarter profits and sitting on gargantuan piles of cash -- and nothing could be less important.
The Syrian army's attempt to suppress a months-old popular uprising have increasingly involved Lebanon, a destination for fleeing dissidents and a country whose politics are deeply intertwined with the Syrian regime.
The Canadian dollar strengthened against its U.S. counterpart in early trade on Wednesday as global markets settled between hope and fear amid Greek debt developments and ahead of a Federal Reserve meeting.