India still a foreign investment hot spot: E&Y
Foreign direct investment in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure and policy paralysis in their search for growth, professional servic
New Zealand teen becomes youngest pro winner
Lydia Ko, a South Korea-born 14-year-old amateur from New Zealand, has become the youngest winner of a professional golf tournament with her four-stroke victory in the women's New South Wales Open on
Jacko legacy cemented by his children
Late pop star Michael Jackson was immortalised in cement on Thursday when his three children stamped the Thr-iller singer’s glove and shoe prints in the hallowed concrete cou-rtyard of Grauman’s Chine
11 new solar systems found
Nasa’s planet-hunting Kepler space telescope has found 11 new planetary systems, including one with five planets all orbiting closer to their parent star than Mercury circles the sun, scientists said
Travolta’s stolen vintage merc found in pieces
John Travolta’s vintage Mercedes-Benz, stolen from a Los Angeles suburb, has been recovered in pieces and two men have been arrested, the police said.
U.S. urges Egypt to lift travel ban on NGO staffers
The United States on Thursday urged Egypt to lift travel bans placed on several U.S. pro-democracy activists in connection with a crack down on non-governmental organizations (NGOs) that has strained
U.S. settles with drugmaker Ranbaxy over violations
Generic drugmaker Ranbaxy Laboratories Ltd (RANB.NS) agreed to make broad changes at its plants in the United States and India as part of a long-running U.S. government probe, the Justice Department s
Asian markets cheered by Fed rate outlook
Asian shares and the euro firmed on Thursday after the U.S. Federal Reserve said it would keep interest rates low for a longer-than-expected period, providing ample liquidity to help spur growth.
Equ
Yahoo! Q4 earnings drop 5 per cent
Yahoo Inc's net revenue and profit fell slightly in the fourth quarter, the struggling Internet company's last quarter before new Chief Executive Scott Thompson took the reins.
Shares of Yahoo were u
Europe debt crisis poses global recession threat, IMF says
Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
The IMF ch