More Business News Stories
GANDHINAGAR: French carmaker Peugeot announced on Thursday that it will invest Rs 4,000-crore to set up an auto manufacturing plant in Sanand, next to Tata Nano factory and Ford India's proposed car unit. "Today, a new lion is born in Gujarat," said Pillippe...
NEW YORK: The World Bank's fight against corruption needs to focus more on helping borrower countries build the institutions and policies that make them accountable to their citizens, an internal audit said. Since adopting a strategy of better governance and anti-corruption in 2007, the bank has...
WASHINGTON: Up to 40 per cent of mobile phone users in the US now own smartphones instead of other phones, a new...
LOS ANGELES: The California Legislature is poised to pass a law that would allow illegal immigrants to receive state-financed aid for college. Known as the California Dream Act, the bill underscores the ways states are navigating their own way through controversial immigration issues, as the Obama...
NEW YORK: When President Barack Obama took office, he vowed a new era of antitrust enforcement, promising to crack down on deals that undermined competition. Now the administration faces its biggest test. On Wednesday, the Justice Department sued to block AT&T's $39-billion takeover of T-Mobile USA,...
WASHINGTON: As Sen. Bernard Sanders toured Vermont by helicopter on Tuesday to assess the damage from what he said could be his state's worst ever natural disaster, the idea of cutting other federal programmes to aid towns pummeled by Hurricane Irene was stoking his outrage. "To say that the only...
Hermes International SCA, maker of Birkin bags and the best performer this year in France's SBF-120 Index, has overtaken Societe Generale SA, the country's second-biggest bank, by market value. While lenders struggle with Europe's debt...
NEW YORK: AT&T Inc is expected to soon present a proposed solution to US antitrust regulators to salvage its planned $39 billion acquisition of smaller rival T-Mobile USA, according to people close to the matter. Even as the No. 2 US wireless service provider gears up for a lengthy court battle...
