Executives of U.S. investment bank Goldman Sachs are due to take their Indian charm offensive to the capital, New Delhi, on Friday, sources said, after courting business leaders and holding their first annual board meeting in the country.
Stock index futures were higher on Friday as bargain hunters entered the market after a string of declines, putting equities on track to record their strongest quarter in more than two years.
Euro zone finance ministers have agreed to boost the currency bloc's debt crisis firewall to roughly 800 billion euros ($1.06 trillion), Austrian Finance Minister Maria Fekter said on Friday.
Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.2 percent at 1007 GMT.
It is a marriage made in heaven for shopping addicts. Social shopping, the merger of social networking and e-commerce which has hooked millions of users in the United States, has now captured the attention of China's Internet giant.
More than $5 billion was wiped off the market value of Sun Hung Kai Properties on Friday, after the billionaire owners of Asia's largest real estate developer were arrested on suspicion of corruption.
Two U.S. clean tech companies plan to go public on Friday, as executives and bankers increasingly bet that high energy prices and more proven technology will make investors forget the sector's recent flameouts.
Semiconductor manufacturer Micron Technology Inc said late on Thursday it has reached a deal with software giant Oracle to settle a lawsuit filed by Oracle over price increases for memory chips.
Star natural gas trader David Coolidge is returning a quarter of Velite Capital's assets to investors, seeking to prevent his Houston-based hedge fund from growing too big for the narrow gas market as prices plunge to 10-year lows.
The United States is expected to ratchet up pressure on the European Union to end subsidies for Airbus by moving at the World Trade Organization toward retaliation on European goods, an industry official and other sources said.
The Pentagon budget for next year is dishonest and generals who have endorsed it on Capitol Hill are not giving Congress their true advice, a senior Republican lawmaker on budget matters said on Thursday amid rising rhetoric over looming defense cuts.
The Pentagon budget for next year is dishonest and generals who have endorsed it on Capitol Hill are not giving Congress their true advice, a senior Republican lawmaker on budget matters said on Thursday amid rising rhetoric over looming defense cuts.
An appeals court heard arguments from Union Carbide and the U.S. government on Thursday as the company fought to use a tax credit retroactively for research it did in the 1990s to improve manufacturing processes.
The United States stepped up lobbying on Thursday for its pick to retain the top job at the World Bank as emerging markets pushed their view that the time has come for rich nations to share leadership of key institutions.
Household income grew at a faster pace in the fourth quarter than previously thought as the jobs market strengthened, a development that could underpin consumer spending.
Bank of America Corp on Thursday won dismissal of a lawsuit by investors who wanted the bank to buy back mortgage loans that underlie more than $1.06 billion of securities.
Katy Perry's Part of Me video features a story in which she plays a dejected lover who sees an ad for the U.S. Marines and signs up in order to get over her cheating man.
The Dow managed a slim gain on Thursday while the S&P 500 and the Nasdaq shook off most of their earlier losses to end slightly lower, as investors took advantage of a selloff to buy blue chips that have been rallying throughout the quarter.
Containing inflation will be critical when the time finally comes for the U.S. Federal Reserve to reverse its ultra loose monetary policy, two top Fed officials said on Thursday.
LivingSocial, the second-largest daily deal company, said on Thursday it ended its Instant mobile deals business, replacing it with a food-ordering service called Takeout & Delivery.
American high school students are terrible writers, and one education reform group thinks it has an answer: robots.
Household income grew at a faster pace in the fourth quarter than previously thought as the jobs market strengthened, a development that could underpin consumer spending.
EBay Inc named mobile technology entrepreneur David Marcus president of its PayPal unit on Thursday, replacing Scott Thompson, who left in January to become chief executive of Yahoo Inc.
Federal Reserve Chairman Ben Bernanke said on Thursday that he expects the U.S. economy to return to a long-term growth rate around three percent over time.
Household income grew at a faster pace in the fourth quarter than previously thought as the jobs market strengthened, a development that could underpin consumer spending.
Stocks fell on Thursday, on track for a third day of losses after jobless claims data missed heightened expectations as stocks wrap up their best first quarter in 14 years.
Goldman Sachs sought to charm corporate India on Thursday by holding its first annual board meeting in the country, against a backdrop of slow business, a cooling economy and tough regulation.
Stocks were on track for a third day of losses on Thursday after jobless claims data failed to meet heightened market expectations as stocks come off their best first quarter in 14 years.
Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said.
EBay Inc on Thursday named David Marcus president of its PayPal unit, replacing Scott Thompson, who left in January to become chief executive of Yahoo Inc.