Home prices in Manhattan fell in the double digits in the fourth quarter, but the markdown pushed buyers into the market, according to several reports released on Tuesday by New York City's biggest brokerages.
Toyota Motor Co and Honda Motor Co launched new compact cars to tap the fast-growing and price-sensitive India market as they and other automakers seek to put a dire 2009 behind them.
The U.S. Navy expects to issue a request for proposals for 10 new shallow-water warships within weeks, a top Navy official said on Monday.
Michael Widenius, the creator of the MySQL database and a vocal opponent of Oracle Corp's (ORCL.O) $7 billion takeover of Sun Microsystems Inc (JAVA.O), has handed 14,000 signatures opposing the deal to regulators in Europe, China and Russia.
A News Corp (NWSA.O) unit has agreed to sell movie review aggregator Rotten Tomatoes to movie information site Flixster, combining massive databases of movies, reviews and trailers, the companies said on Monday
Optical and electronic instruments maker II-VI Inc (IIVI.O) raised its revenue outlook for fiscal 2010, helped by its recent acquisition of China-based Photop Technologies Inc.
The heads of Comcast Corp and NBC Universal have been asked to appear at a Senate committee hearing later this month to discuss a deal pending between the two companies, a spokeswoman said on Monday.
Hyundai Motor Group, South Korea's top automaker, said on Monday it aimed to raise global sales volume by 17 percent in 2010 on an worldwide economic recovery and new models.
German industrial conglomerate Robert Bosch sees sales at its core car parts business rising by a tenth in 2010, on growth in emerging markets and as carmakers build up inventory, a senior official said on Monday.
General Motors expects to sell 100,000 vehicles in 2010 in India, up 43 percent from 70,000 sold in 2009, its India head said on Monday.
Japan Airlines Corp could remain listed after filing for bankruptcy in a restructuring plan under consideration by a state-backed turnaround fund, a person with knowledge of the matter said.
PetroBakken Energy Ltd (PBN.TO) said on Monday it is buying smaller Berens Energy Ltd (BEN.TO) for C$271 million ($261 million) to establish a position in a prolific but technically challenging oil prospect in Alberta.
Dubai's Emaar Properties (EMAR.DU) opened the world's tallest tower on Monday, marking the completion of the last of its big local landmark projects and the start of a new strategy which is expected to focus on overseas projects, hotels and hospitals.
Mortgage insurer Radian Group Inc (RDN.N) said it completed two of the three tender offers for certain preferred securities issued by custodial trusts, related to a contingent-capital program of its financial guaranty subsidiary.
Billionaire Carl Icahn and Beal Bank filed a competing reorganization plan for Trump Entertainment Resorts (TRMPQ.PK), which offers a $45 million loan to the bankrupt casino operator, court documents showed.
The following are some of the
major companies planning initial public offerings on the Hong
Kong stock exchange.
Dubai's ruler inaugurates the world's tallest building on Monday, in a testament to the emirate's still strong ambitions to become a global business hub despite the debt problems that have dampened investor optimism.
France's Total (TOTF.PA) signed a $2.25 billion tie-up with Chesapeake Energy (CHK.N). becoming the latest international oil major to take advantage of low gas prices to snap up shale gas assets.
Michael Widenius, the creator of the MySQL database and a potential stumbling block for Oracle (ORCL.O) in its takeover of Sun (JAVA.O), handed 14,000 signatures opposing the deal to regulators in Europe, China and Russia
U.S. food group Kraft Foods Inc (KFT.N) is set to clear a hurdle in its hostile 10 billion pound takeover bid for Cadbury (CBRY.L) by winning EU approval this week, a source familiar with the situation said on Monday.
Swedish central bank governor Stefan Ingves said the Riksbank could face a dilemma ahead in reining in rising house prices without cutting off credit to businesses, the minutes of the latest central bank meeting showed on Monday.
A gust of wind howls around Battersea Power Station, an industrial wasteland by the Thames whose coal-fired furnaces were once used by the Bank of England to burn millions of pounds worth of banknotes.
Anglo-French property investor Hammerson said on Monday it has sold a Paris office building to a client of Invesco for 84.5 million euros, about 14 percent below book value.
Dubai opened the world's tallest structure in a glitzy ceremony meant to put a brave face on crushing debt woes, leading some to wonder whether the Burj Dubai is the emirate's crowning glory or its last hurrah.
For the first time in two years, the U.S. economy may have seen a month in which more jobs were created than destroyed.
Investors looking to cash in on a U.S. retail comeback will need to be as selective as the shoppers who scoured stores and websites for the best deals this holiday season.
Japanese airline All Nippon Airways is considering taking over the international routes of struggling rival Japan Airlines Corp, the Yomiuri Shimbun newspaper said on Friday.
Chinese initial public
offerings were some of the best U.S. performers of 2009, but
also some of the worst, which could make underwriters of these
deals more cautious in 2010
The following are some of the
major companies planning initial public offerings on the Hong
Kong stock exchange
Camulos Partners LP, launched by a former Soros Fund Management trader, was sued by an investor seeking to recover $67 million that was unlawfully seized, according to a Delaware court filing.
