Sponsored by Credit Suisse

Wipro Ltd surprised markets with the resignations of the joint-CEOs of its information technology business, after reporting profit growth rates which lagged rivals Infosys Technologies LTd and Tata Consultancy Services.

TIM w.e., a Portuguese mobile and digital marketing company, is planning to list on New York's Nasdaq, three people familiar with the matter said on Thursday.

Gold fell like a stone on Thursday, following three days of gains, and ignored a recovery in the euro as investment demand waned. Spot gold fell over $20 to $1,348.55 an ounce by 1426 GMT.

Tata Steel has raised 5.08 billion rupees ($111.8 million) from anchor investors at the upper end of an indicated price range ahead of a public share offering, reflecting investor optimism in the company's prospects in India's fast-expanding economy.

Tunisian state-owned Tunisie Telecom may not be able to go ahead with an investor roadshow for its planned listing in Paris and Tunis due to the political situation, investment and banking sources said on Monday.

Bullish earnings and dividend expectations pushed Industries Qatar (IQCD.QA) (IQ) to a 28-month high on Thursday, helping Doha's Index .QSI reach a similar milestone.

The stockbroking arm of South Africa's Standard Bank is looking to boost its headcount, including equity analysts, following the end of a joint venture with Credit Suisse, senior executives said on Thursday.

European stocks and the euro both rose on Wednesday on hopes Portugal will get through a key bond auction unscathed and policymakers will boost a rescue fund that debt-scarred euro zone countries may need to tap.

Credit Suisse , Switzerland's second-largest bank, is taking a tougher stance on bonuses as regulators clamp down on these payouts which came under fire during the economic crisis.

If there was any doubt that the global economy remains tightly intertwined, rising commodity prices should put it to rest.

JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.

The economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.

Gold and Silver Prices both fell as London traders returned to work from the New Year shutdown on Tuesday, dropping over 3 percent from yesterday's highs as world stock markets caught up with Wall Street's strong gains.

Swiss government plans for tougher capital standards for big Swiss banks would help reduce the chance of another crisis, the Swiss central banks' vice chairman wrote on Sunday in a newspaper.

The pace of expansion in the manufacturing and service sectors quickened modestly in December, two upcoming surveys are expected to show, further evidence of an economy that is mending gradually.

Bankers specialising in equities and emerging markets will bask in a hiring hot-spot next year, while anaemic business spells job cuts in most other investment banking areas in Europe.

Shares of General Motors rose more than 2 percent Tuesday after a slew of analysts advised buying shares of the automaker, which has raised $23 billion recently in the world's largest IPO.

General Motors Co shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after banks resumed coverage of the automaker with high marks for its strong post-bailout balance sheet and its position in emerging markets.

General Motors Co shares rose as much as 2.5 percent in midday trading on Tuesday after banks resumed coverage of the automaker with high marks for its North American sales and position in emerging markets.

The government of Vietnam said it will provide interest-free loans to state-owned shipbuilding company Vietnam Shipbuilding Industry Group (Vinashin) to pay wages, after the company was unable to make the first repayment on a $600-million loan to Credit Suisse.

Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, agreed to buy Patni Computer Systems for $1 billion in shares.

The Justice Department has opened a criminal investigation into small Swiss regional banks which may have helped Americans evade taxes, the New York Times reported, citing two people briefed on the matter.

Although some progress appears to be being made in the euro zone sovereign debt crisis – including the passage of an austerity budget by the Greek Parliament today and a capital injection into Allied Irish Bank (NYSE: AIB) – the most important member of the euro currency bloc, Germany, is unlikely to foot the total bill that will be required to truly resolve this issue.

Mergers & acquisitions (M&A) activity has surpassed $2.2 trillion for the first year since 2007 and it could be still busier in the coming year, according to Thomson Reuters data.

The top after-market NASDAQ stock market losers are: Hansen Natural, Terremark Worldwide, Cubist Pharmaceuticals, National Beverage, Salix Pharmaceuticals, Dynamex, Merge Healthcare, Immucor, Cytokinetics, and P.F. Chang's China Bistro.

The top after-market NASDAQ stock market gainers are: SurModics, Blue Coat Systems, Golar LNG, BJ's Restaurants, MannKind, Cathay General Bancorp, RealNetworks, Scientific Games, First Solar, and Advanced Energy Industries.

Named as the new ambassador for Carl F. Bucherer, Swiss artist Stephan Schmidlinhas always tried to pursue his dreams in life through constant effort and determination.

The S&P 500 and the Nasdaq edged up on Thursday, hovering around two- and three-year highs respectively, but a recent rise in bond yields and uncertainty over tax-cut legislation unsettled investors.

The S&P 500 and the Nasdaq edged up on Thursday, hovering around two-year highs, but a recent rise in bond yields and uncertainty over tax-cut legislation unsettled investors.