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Citi to yank $410 million from Paulson's funds: Sources

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The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw $410 million from his Paulson & Co hedge fund, according to people familiar with the decisio

North Korean leader asks for Beijing trip

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North Korean leader Kim Jong-un is seeking an ice-breaking trip to key ally Beijing in September to meet China's outgoing and new leaders, a source with ties to Pyongyang and Beijing told Reuters on F

Two killed in Empire State shooting: Police source

Two people were killed and at least eight were wounded in a shooting outside the Empire State Building in New York City on Friday, according to a New York Police source.

One of the dead was the shoot

Merkel tops Forbes list of powerful women; Sonia No. 6

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Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world for the second year in a row in the annual list dominated by politicians, businesswomen and media figures.

Citigroup slams Nasdaq's Facebook compensation plan

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Citigroup slammed Nasdaq OMX Group Inc's plan to compensate firms harmed by Facebook's botched market debut to the tune of $62 million, saying in a regulatory filing the exchange should be liable for

Fed looks set to ease fairly soon barring swift rebound

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The Federal Reserve is likely to deliver another round of monetary stimulus 'fairly soon' unless the economy improves considerably, minutes from the U.S. central bank's latest meeting suggested.

Whil

Religare Healthcare Trust eyes up to $400 million Singapore IPO: Source

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Religare Health Trust, which will own assets managed by Indian hospital group Fortis, plans to begin premarketing in Singapore in early September an initial public offering that could raise up to S$50

RBI stays hawkish, urges govt to trim expenditure

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The Reserve Bank of India (RBI) said on Thursday that fighting inflation remained the cornerstone of its monetary policy, and urged the government to cut expenditure, indicating it was unlikely to act

Todd Akin refuses to quit Senate race over rape comments

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U.S. Representative Todd Akin, under fire for controversial remarks on abortion and rape, insisted on Tuesday he would not leave the Missouri Senate race, despite pressure from fellow Republicans and

Bharti Airtel drops; Credit Suisse latest to downgrade

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Bharti Airtel fell as much as 3.44 per cent to its lowest intraday level since October 2008, after Credit Suisse downgraded the stock, citing the prospect Reliance Infotel would enter the wireless voi

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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.