France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.
Sectors
Richmond Federal Reserve president advises quick exit from bond-buying program
Federal Reserve must dissolve bond-buying program quickly, according to Richmond Fed leader Jeffrey Lacker.
Google Chromecast could be the most important smart TV tech ever
The new Google Chromecast was expected to be the most important smart TV tech ever. The Google Chromecast offered users a relatively simple way to wirelessly stream content.
Senate to improve student loan rates with new bipartisan deal
Senate, backed by President Barack Obama and Education Secretary Arne Duncan, approved the bipartisan deal that would reverse spike in student interest loans.
Iron ore rises indefinitely amid Chinese slowdown
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
Latest News
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
Holding company JPMorgan Chase & Co. plans to quit the physical commodity business by selling physical trading assets Bear Stearns and RBS Sempra.
American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.
The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.
China-based developer is set to spend CNY 12 billion for a development in Qianhai thus becoming Shenzhen's biggest investor.
NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.
Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.
Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
