MARKETS / FINANCE

India's largest listed company, Reliance Industries Ltd , posted its highest ever quarterly profit on higher refining and petrochemical margins, but lagged market estimates.

France Telecom's Orange is in talks to buy a stake of between 30 percent and 50 percent in video-sharing web site Dailymotion, a blog on the website of French weekly L'Express said on Friday.

The Swiss prosecutor's office said on Friday former banker Rudolf Elmer would be detained over the weekend after police questioned him this week over possible fresh breaches of Swiss bank law.

By lunchtime in London – and compared with New Year 2011's record highs – the Gold Price in Dollars stood 6% lower, in Euros 7.5% down, and in British Pounds nearly 9% lower.

Spain plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a rescue will not weigh on its deficit.

President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.

Bank of America Corp, the largest U.S. bank by assets, reported a second straight quarterly loss, driven by writedowns in the value of its mortgage business.

Shares in Warner Music Group climbed over 20 percent in premarket trade on Friday.

Stocks rose on Friday after two days of declines as strong earnings General Electric and Google boosted investor optimism.

Wall Street was set for a higher open on Friday after two days of declines as strong earnings from General Electric and Google boosted investor optimism.

BMO Capital Markets upgraded two U.S.-based staffing companies, On Assignment Inc (ASGN) and Hudson Highland Group (HHGP) to 'Outperform' from 'Market Perform.'

General Electric Co reported better-than-expected earnings, helped by the recovery of its finance arm and a rise in revenue at its industrial units, including a sharp pickup in sales of locomotives.

Stock index futures rose on Friday after two days of declines as strong earnings from General Electric and Google boosted investor optimism.

World stocks edged up on Friday but were set to post their biggest weekly drop in eight weeks on concerns that rising inflation in emerging economies could lead to aggressive policy action and hurt global growth. Spain's stocks rose. Madrid plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a costly bank rescue will not weigh on its deficit, sources and ...

President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.

Asian stocks tumbled and commodities paused on Friday after a recent selloff on worries that rising inflation may invite aggressive policy tightening and hurt growth in the world's growth engines like China and India.

Wipro, India's third-largest software exporter, said a deluge of outsourcing orders helped the company see its third-quarter jump 9.6 percent.

China's plan to change itself from a major manufacturer to a leading global source of innovation poses an enormous challenge for U.S. companies whose competitive edge depends on coming up with the next big idea.

Global equities and commodity prices fell on Thursday after robust Chinese economic growth prompted fears the world's second-largest economy would try to choke off excessive demand that is fueling inflation.

Hughes Communications Inc , majority owned by private equity firm Apollo , has hired Barclays Capital to advise on a sale of the company, people familiar with the matter said.

HSBC Holdings Plc is laying off about 500 employees as it ends credit card customer service and collections work at a center in New Castle, Delaware.

Internet powerhouse Google Inc beat Wall Street's quarterly sales and profit estimates, and announced that co-founder Larry Page would take on the role of chief executive, overseeing day-to-day operations of the company. Its shares rose 1.9 percent.

Internet powerhouse Google Inc beat Wall Street's quarterly sales and profit estimates, and announced that co-founder Larry Page would take on the role of chief executive, overseeing day-to-day operations of the company. Its shares rose 1.4 percent.

JPMorgan Chase & Co shuffled the management of its deals advisory business on Thursday, moving two long-time managers to senior relationship roles and hiring a prominent corporate lawyer.

TIM w.e., a Portuguese mobile and digital marketing company, is planning to list on New York's Nasdaq, three people familiar with the matter said on Thursday.

Patent licensing firm Wi-LAN Inc said it would settle its patent litigations with U.S. chipmaker Broadcom Corp for an undisclosed amount.

American International Group's financial health is showing signs of improvement because of the billions of dollars in taxpayer funds used to bail out the ailing insurer, a government watchdog agency said on Thursday.

The top executive of Procter & Gamble Co took the business case for lower taxes to U.S. lawmakers on Thursday, although political leaders see a long road ahead to the tax rewrite that could cut the rate.

Legendary investor Warren Buffett will leave the board of publisher Washington Post Co , the company said on Thursday, ending a formal association that dates back nearly 40 years.