Dimon says losses indefensible, still reform skeptic
JPMorgan Chase & Co chief executive Jamie Dimon used his much anticipated appearance before lawmakers to apologise for the bank's multibillion-dollar trading loss but he also made clear he will still
US expanding secret spy bases in Africa: Report
The US is expanding a secret network of air bases across Africa in order to spy on Al-Qaeda and other militant groups.
The surveillance is carried out by small, unmarked turboprop planes with hidden
In search for cash, Obama keeps a celebrity cast
You could call it 'Checks and the City'. President Barack Obama is using his Hollywood access to raise money in an increasingly tight election campaign, making a stop on Thursday night at the New York
US forces to deploy pint-sized drones soon
US forces are poised to deploy pint-sized drones, small enough to fit into soldier's rucksack, but packed with tiny explosive warheads enough to blast targets with pinpoint accuracy.
The new drones c
S&P's India analysis not objective: Ashwani Kumar
Blasting Standard and Poor's (S&P) for threatening to downgrade India's credit rating to below-investment grade, Minister of State for Planning Ashwani Kumar has said the global rating agency is no
Policy flip-flops hampering India's progress: USIBC
Cautioning that a weakened India will be bad for the world, new chairman of industry body USIBC Ajay Banga has said policy flip-flops and unpredictable business climate are hampering the country's pro
Indians support US drone strikes: Poll
The frequent CIA drone attacks on terrorist safe havens in countries like Pakistan is widely opposed around the world but not in India, US and UK, according to a recent survey on America's image abroad.
India will restore investor confidence, regain growth: SM Krishna
Seeking to abate skepticism over the current business environment in India, External Affairs Minister S.M. Krishna on Tuesday claimed India will restore investor confidence and regain economic momentu
Dimon says JPMorgan failed to rein in traders
JPMorgan chief executive Jamie Dimon will tell lawmakers that the bank's recent multibillion-dollar trading loss occurred because poorly managed traders embarked in January on a misguided hedging stra
Al-Qaeda releases new Libi video, after his death
A new video featuring Al-Qaeda's number two Abu Yahya al-Libi, who the United States said was killed last week after a drone strike in Pakistan, was posted online on Tuesday, monitoring services said.