Most doctors in China accept bribe from pharma companies: Xinhua

The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.


U.S. Government battles insider trading to level investment playing field

The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?

Silver Lake says US $13.75 per share is final offer for Dell stockholders

Private equity firm Silver Lake Management is maintaining its offer of US $13.75 per share for Dell Inc.'s buyout.

Obama, likely to postpone Federal Reserve Chairman appointment until fall

President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.


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Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
The Formula One Group and the FIA signed the framework for the 2013 Concorde Agreement. The Formula One Group and its governing body, the FIA, signed the new framework for the 2013 Concorde Agreement.
Dexia CEO Karel De Boeck said he wants to avoid further capital injection from taxpayers. CEO of Dexia Karel De Boeck said he does not want any more capital boost.
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
The founder and CEO of Facebook said that ads would not make the user experience any less even if the company allot more space for ads.
Google's mobile market share in China declined after the March 2010 incident. The Android operating system of Google was the dominant force in the smartphone market of China.
The tech giant’s website was recently hacked which posed a US$100 billion worth setbacks for American businesses.
The commodity market highlights that time is indeed of the essence. The commodity market is putting another definition to the old adage "time is gold.
Detroit's bankruptcy, the largest in US history, poses a couple of lessons which others should take keep mind.