Pimco's Total Return Fund loses USD 41 billion in four months- Morningstar

Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.


US jobs and service sector data suggest Fed could slow down soon

US jobs and service sector data indicated Thursday that the US Federal Reserve would be slowing its bond buying program down soon.

Aficionados say potential of the smartwatch is huge- Insight

Fans of wearable devices said there is a huge market potential for the smartwatch. According to Reuters, a smartwatch is a device that could be revolutionary like the smartphone.

US-Russia showdown on Syrian crisis may overshadow G20 economic talks

In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.


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Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
In an interview, Gabriele Galateri, Telecom Italia's director, sees the need for the consolidation of the European telecommunications industry.
The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.
According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.
A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.
Good Morning America unveiled the rules for its "ROAR with Katy Perry" contest. Good Morning America announced the rules for their recently-launched "ROAR With Katy Perry" Contest on their website.
Generali Chairman Gabriele Galateri told Reuters in an interview that the company would be selling its stake in Telecom Italia depending on the decision made during the Italian phone company's shareholders meeting.