Further straining the trade ties between both the countries, China has issued an advisory cautioning its citizens against traveling to India in response to an Indian embassy's warning last week to its traders against doing business with Chinese sellers.
India Government may go slow on boosting diesel prices as the recent steep petrol hike has generated strong opposition from both the public and opposition parties.
The American Petroleum Institute has again called on Washington to increase domestic production of oil on both federal and public lands, to help consumers by bringing gasoline prices down even further.
No official release date has been set for Microsoft's upcoming Xbox 720, but legal documents could provide gamers with a time frame. According to TG Daily, Activision and Bungie have formed plans for a joint publishing deal.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, kept falling Tuesday, three business days after its $16,7 billion initial public offering.
Nintendo?s Wii U console is set for a release date this holiday season, and fans are gearing up for the next generation gaming system?s launch. The latest tidbit to surface indicates that the Nintendo Wii U?s controllers will contain analog sticks, according to photos that leaked in a NeoGaf forum.
Facebook's stock tumbled down past its offering price in morning trading on Monday, May 21, and stayed below that level, following a less than stellar debut. Wall Street insiders are attacking the much-hyped social network stock saying that they essentially scared away investors.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged more than 13 percent when markets opened Monday, lowering the company?s value by about $8 billion.
Shareholders of Facebook (Nasdaq: FB), the No. 1 social network, are set to get the shares Tuesday, following Friday?s tumultuous first sales after the $16 billion initial public offering.
World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.
Gold rose more than 1 percent on Friday, building on the previous session's hefty gains, as a recovery in the euro prompted fresh buying of the precious metal after prices slid to five-month lows earlier this week.
It took Facebook a little over eight years to go from fledgling Internet startup to a $114 billion company. Here's a timeline of the social network and how it got to where it is right now:
Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.
Spot gold rallied more than 2.6 percent on Thursday, its largest one-day gain since late January, as technical buy signals and new signs of a sluggish U.S. economy more than offset deepening despair over the euro zone.
A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.
Facebook (Nasdaq: FB), the No. 1 social network, has decided to pitch its initial public offering of 421 million shares at $38, which could raise as much as $18.1 billion, assuming ?over-allotment options.
Facebook (Nasdaq: FB), the No. 1 social network, announced that it would increase the number of shares in its initial public offering, price them higher and value the company at as much as $104 billion.
Consumer prices in the U.S. were flat in April amid signs that a spike in gasoline costs was ebbing, according to government statistics released on Tuesday, supporting the Federal Reserve's view that the jump in fuel costs is only temporary.
The social network is expected to make the internet's largest initial public offering ever recorded at an estimated company valuation of $96 Billion. Projecting such high figures, investors unfamiliar with the IPO market and more familiar with Facebook as a company will most likely be asking themselves -- what's the worst that could happen?
Samsung Galaxy S3 was unveiled at the Earls Court press event in London May 3 and the new smartphone has received compliments for its enhanced battery and processor capabilities.
Jessica Simpson has sold the first photos of her newborn baby daughter, Maxwell Drew Johnson, for $800,000. However, this is a low sum in the world of celebrity baby photos that would sell for millions yesteryear.
The now-familiar call for Washington to lower energy costs by increasing domestic production of oil may not be the most effective policy, according to this month's Congressional Budget Office report on the nation's energy security.
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