Insurer Prudential said it had reduced the cost of its failed bid for AIG's Asian unit and confirmed it has no further appetite for M&A as it reported forecast-beating half-year profit.
Finally, India will have its first ever jewellery week, the India International Jewellery Week (IIJW), from August 15 to 19 in Mumbai.
It is a fabulous platform for jewellery designers to come together and showcase their talent. This is the first time the jewellery industry will witness something like this.
Britain's largest insurer Prudential Plc
reported a better-than-expected 34 percent rise in first-half operating profit, helped by improving investment returns amid a broader market recovery.
Asian stocks slid to a near three-week low on Thursday on growing doubts about global economic growth that also helped the dollar cling to its gains after it scored its biggest rise in nearly two years.
American International Group Inc
is selling most of its consumer finance unit to hedge fund and private equity firm Fortress Investment Group at a deep discount and taking a $1.9 billion pretax loss due to the sale.
The Bank of England left the door open on Wednesday for more monetary easing, cutting its forecast for UK economic growth and predicting that inflation would fall well below its 2 percent target in two years.
A new superbug could spread around the world after reaching Britain from India -- in part because of medical tourism -- and scientists say there are almost no drugs to treat it.
British inflation will fall well below its 2 percent target in two years, even if interest rates remain at record lows, the Bank of England said on Wednesday, leaving scope for further policy easing if the economy worsens.
Corrects level of interest rate to 0.5 percent from 2.0 in 11th paragraph
India may temporarily shut down BlackBerry services if New Delhi's concerns about security are not addressed in a meeting between the government and mobile phone operators on Thursday, government sources said.
The Australian Dollar continued to be sold off late yesterday and into the evening trading session ahead of the widely anticipated FOMC Meeting overnight.
BlackBerry maker Research In Motion has agreed to hand over coveted codes to users' phones to try to avert a ban on its Messenger service in Saudi Arabia, an industry source familiar with the talks told Reuters on Tuesday.
BlackBerry maker Research In Motion on Tuesday won a reprieve from a threatened ban on its Messenger texting service as Saudi Arabia said progress was being made on addressing its concerns.
NERA Economic Consulting proposes using crowd-sourcing to help the resource-starved SEC catch fraud perpetrated by investment advisors.
Wendy's/Arby's Group Inc plans to open 180 dual-branded Wendy's and Arby's restaurants in Russia over the next 10 years, becoming the latest U.S. fast food chain to look to that market for growth.
Wendy's/Arby's Group Inc said on Tuesday it plans to open 180 dual-branded Wendy's and Arby's restaurants in Russia over the next ten years.
New summer drinks in the United States and longer hours in Europe helped McDonald's Corp sales beat Wall Street forecasts for July and lifted its shares to their highest ever.
Saudi Arabia told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by Research In Motion's BlackBerry smartphones, and said it would not ban service if the test was successful.
Girls in the U.S. may be continuing to hit puberty at earlier ages, according to new research.
McDonald's Corp reported a better-than-expected 7 percent global increase in sales at established restaurants in July, fueled by new drinks like smoothies, extended hours in Europe and strength in Asia.
The Australian Dollar has opened this morning just under 0.9200 after breaching this level on Friday night after the market digested the release of US July non-farm payrolls that saw a decline of 131k in the month, which was more than the forecast loss of 65k.
BlackBerry maker and Saudi mobile firms are testing three servers to send communications and data through Saudi Arabia before Canada to address Riyadh's concerns over security, a Saudi official said on Sunday.