Internet stock collapse dents Silicon Valley
Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be seduced by I
Apple pondered strategic investment in Twitter
Apple Inc held discussions in recent months about possibly investing hundreds of millions of dollars in Twitter to gain a social networking presence, the New York Times on Friday cited people briefed Apple Inc held discussions in recent months about possibly investing hundreds of millions of dollars in Twitter to gain a social networking presence, the New York Times on Friday cited people briefed on the matter as saying.
Monsoon stays weak as govt mulls drought steps
India's monsoon rains are unlikely to pick up enough to avert the possibility that ministers meeting next week may officially declare a drought, which could prompt the government to offer more support
India considers price controls for patented drugs
India is planning to rein in prices of expensive patented drugs to make medicines affordable to its predominantly poor population, a top government official said on Friday.
India committed to key retail sector reform: Sharma
The government is committed to opening its retail sector to foreign investment and will not reverse its stance, Trade Minister Anand Sharma said on Thursday, declining to say when the long-delayed ref
India's shopping malls lose bustle as economy cools
The biggest shopping mall in Mumbai, one of the world's most crowded cities, can feel like a pretty lonely place.
Eight months ago, multi-storied Phoenix Market City opened for business in the easter
Ford recalls 484,600 Escape SUVs for throttle problem
Ford Motor Co is recalling 484,600 older model Ford Escape SUVs, most of them in the United States, because their throttles can be stuck open, U.S. safety regulators said.
Ford Escapes from the 2001-
Bruised Barclays faces CEO, revival inquisition
British bank Barclays Plc shaken to its core in the in June by an interest-rate rigging scandal, is bracing for more scrutiny on Friday on its plans to rebuild its brand and revive shareholder and cus
Facebook revenue growth skids, shares plunge
Facebook Inc reported a drastic slowdown in revenue growth and failed to offer financial forecasts to quell fears about its ability to boost advertising growth, sending its shares plummeting to a reco
Smartphones power record Samsung profit of $5.9 billion during Apple lull
Samsung Electronics Co, the world's top technology firm by revenue, reported on Friday a record profit of $5.9 billion for the June quarter, as rampant sales of its Galaxy S handset helped stretch its