Tata Sons Ltd, the $77.4 billion group, has announced that board member Cyrus P Mistry will succeed Ratan Tata as Chairman. In August 2010, the group formed a selection committee that included Cyrus to look for Ratan Tata's successor.
If new reports are to be believed, Spanish champions Barcelona are currently monitoring Chelsea and England left-back Ashley Cole.
Celebrity restaurants, long a fixture of New York and London, are now a confirmed Russian fad with the recent opening of a Moscow venue by a home-grown filmmaker raising the tally of eateries and bars backed by artists, actors, socialites.
British actor-directors Ralph Fiennes and Kenneth Branagh will be honored at the British Independent Film Awards next month for their contribution to movies.
James Murdoch has resigned from the boards of the companies that publish its British newspapers including the now-defunct News of the World tabloid at the center of the phone hacking sandal, regulatory filings show.
A disastrous German bond sale on Wednesday sparked fears that Europe's debt crisis was even beginning to threaten Berlin, with the leaders of the euro zone's two strongest economies still firmly at odds over a longer-term structural solution.
Jefferies downgraded its rating on shares of Logica Plc (London Stock Exchange: LOG) to underperform from hold and lowered its price target to 60 pence from 85 pence.
Chelsea have conceded 17 goals in the first 12 games of the season.
Russian high-end jewelry brand, Fabergé has unveiled its first store in London after nearly a century-long gap.
The Dark Knight Rises is probably the most anticipated Batman film to date, set to release on July 20, 2012.
Black Friday and Cyber Monday are the absolute best times to book your 2011-2012 winter vacation. Check out these incredible deals on travel, hotels, cruises and more.
he owner of the small London bakery -- Need a Cake bakery in Reading, Berkshire -- had to make 102,000 cupcakes in a money-losing proposition after a Groupon deal she did became wildly popular. The owner, Rachel Brown, offered a 75 percent discount on the Groupon deal for 12 custom cupcakes that typically sell for $40.
Kenya's central bank changed another key policy aim by almost-doubling this fiscal year's inflation target to 9 percent, just weeks after being driven to make a huge rate rise to combat soaring inflation and save the plunging shilling.
The CME Group, the world's leading derivatives market place, is on target to launch cleared over-the-counter gold in Europe by the end of 2011, and wants to boost the number of contracts it clears, a top official said on Tuesday.
Canadian stocks looked set to open slightly higher on Tuesday, in line with stronger commodity prices, though there were signs the respite from worries over U.S. and European government debt could be temporary.
For the third time in three months, a flash mob suddenly appeared at a 7-Eleven in Montgomery County, Maryland, robbing the convenience store in about one minute.
Year-to-date, company shares have plunged about 93 percent.
It'll be the 26th time these two great rivals engage in battle when Roger Feder and Rafael Nadal meet at the O2 Arena, London, in their second group B round-robin match at the ATP World Tour Finals.
Egyptians frustrated with military rule battled police in the streets again on Tuesday as the generals scrambled to cope with the cabinet's proffered resignation after bloodshed that has jolted plans for Egypt's first free election in decades.
Spain's Treasury paid the highest yields in 14 years to issue short-term bills on Tuesday, in a sign that a resounding election victory for the center-right People's Party on Sunday has done little to soothe investor nerves.
Rock music icons The Beatles and the British Parliament had to be content with relatively low positions on the list; the system of monarchy came in sixth, with 68 percent of the votes. However, the royal family itself dropped off the final list.
Rafinha is the younger brother of Barcelona star Thiago Alcantara.