India's Tech Mahindra will pay more than $550 million for a controlling stake in Satyam Computer Services , throwing a lifeline to the fraud-hit firm and propelling itself into the top tier of Indian outsourcing firms.
Two of Pakistan's biggest banks, Habib Bank Ltd (HBL) and MCB Bank (MCB), are competing to bid for Royal Bank of Scotland's local assets, which the market values at $266 million.
Britain's PZ Cussons has made it onto the shortlist of bidders for the European household and personal care business of U.S. consumer goods group Sara Lee , the Sunday Times reported without citing sources.
U.N. Security Council negotiations on how to respond to North Korea's launch of a long-range rocket are deadlocked, U.N. diplomats say.
Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western economies seeking to boost their financial centers.
Ahh, you remember it, don't you? Sitting in the back of your family's station wagon as a kid, your father pulls up to the gas pump and a station attendant
Google's YouTube and Universal Music Group, the world's largest music company, said on Thursday they will launch a premium music video website as they bid to increase revenue from YouTube's huge usage.
Barclays Plc has agreed to sell its iShares asset management business to private equity firm CVC Capital Partners for 3 billion pounds ($4.4 billion), but kept the right to hunt for a better deal for two months.
Iranian President Mahmoud Ahmadinejad will inaugurate the country's first nuclear fuel production complex later on Thursday, an Iranian official told Reuters.
Britain's most senior counter-terrorism officer quit on Thursday after his security blunder forced police to bring forward a major operation to thwart a suspected al Qaeda plot involving Pakistani nationals.
A pending asset sale and a clean bill of health from its financial regulator has calmed fears Barclays will need to raise cash, and backed up the bank's pledge to emerge as a victor from the financial crisis.
Private equity firm CVC Capital Partners is buying iShares asset management business from Barclays for 3 billion pounds ($4.4 billion) in a deal that will be 70 percent funded by the British bank.
The Bank of England left interest rates unchanged at a record low of 0.5 percent on Thursday, and said it would take another two months to complete its 75 billion pound quantitative easing program.
Part-nationalized British lender Royal Bank of Scotland said it could shed up to 9,000 jobs over the next two years, including 4,500 in the UK, in an effort to cut costs.
British Foreign Secretary David Miliband called Wednesday for a united front between Gulf Arab countries and global powers to deal with Iran.
Australian Dollar: In what has become somewhat of an anticlimax to Tuesday’s rate announcement the Aussie dollar appears to have found a solid short term trading range over the last 24 hours
A banking analyst at Oppenheimer & Co said that when big banks proclaim that they are performing well, they better be right.
France is a country located in Western Europe. Clockwise from the north, France borders Belgium and Luxembourg to the northeast, Germany and Switzerland to the east, Italy to the south-east and Spain to the south-west, across the Pyrenees mountain range (the small country of Andorra lies in between the two countries).
Prime Minister Gordon Brown said on Wednesday the upcoming budget will contain environmental measures to aid recovery from recession, including creating thousands of green jobs.
Constellation Brands Inc posted a quarterly profit that just missed Wall Street estimates, as a 16 percent drop in wine sales in Europe during the holiday season offset a slight gain in North America, sending shares down 4 percent.
Constellation Brands Inc reported a quarterly profit that just missed Wall Street estimates, hurt by disappointing demand for alcohol in Europe and Australia during Christmas and New Year's, and gave a cautious forecast for the current year.
The U.S. government has launched an unprecedented array of actions to salvage the economy and stabilize the financial sector that could put up to $10.903 trillion of taxpayers' money at risk.
