New York

Syndicate content

Moody's cuts Greek domestic rating ceiling on euro exit risk

greektsipras-afp.jpg.crop_display.jpg

Rating agency Moody's Investors Service said it had lowered its ratings ceiling on Greek domestic debt issuers due to the rising risk of the country exiting the eurozone, but added it did not consider

Wall Street sinks on U.S. jobs data, Dow negative for 2012

usjobless-afp_5.jpg.crop_display.jpg

U.S. stocks fell more than 2 per cent on Friday, dragging the Dow into negative territory for the year after a dismal U.S. jobs report added to fears that Europe's spiraling debt crisis was dragging d

How Morgan Stanley sank to junk pricing

morganstanley_2.jpg.crop_display.jpg

The bond markets are treating Morgan Stanley like a junk-rated company, and the investment bank's higher borrowing costs could already be putting it at a disadvantage even before an expected ratings

New York allows headgear for Sikh, Muslim transit employees

Muslim and Sikh employees of New York's transit system will now be able to wear their religious headgear freely, without attaching a government agency logo to them, in a major legal victory after n

Prosecutors want email about Mukesh as evidence in Gupta trial

rajatgupta2-afp_1.jpg.crop_display.jpg

Convicted hedge fund founder Raj Rajaratnam wanted former Goldman Sachs director Rajat Gupta to ask Indian industrialist Mukesh Ambani if his company Reliance Industries was planning to 'aggressively'

Facebook deflates any thought of new tech bubble

facebook3-ap_3.jpg.crop_display.jpg

The horrendous stock market debut for Facebook suggests investors are not ready to jump in and create another tech bubble despite big expectations for social media, analysts say.

Facebook closed out

Apple CEO Cook gives up $75 million in stock dividends

timcook-ap.jpg.crop_display.jpg

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.

In a filing with the Securities and Exchange Commission on Thursday,

Ex-Galleon portfolio manager testifies against Rajat Gupta

rajatgupta2-afp_0.jpg.crop_display.jpg

An ex-Galleon portfolio manager testified in the trial of former Proctor and Gamble (P&G) board director Rajat Gupta that he had traded in the consumer giant's stocks in 2009 after learning that Raj R

E-mail, wiretaps at trial link Rajat Gupta to Rajaratnam

rajatgupta2-afp.jpg.crop_display.jpg

Using FBI wiretaps, e-mail, phone records and the testimony of a Goldman Sachs Group Inc director, U.S. prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading tria

Indian man sentenced by US court for treating wife as slave

An Indian man, who had been convicted of sexually abusing his wife and treating her like a slave, will not go to prison for his crimes but has been sentenced to three years' probation and ordered to d

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.