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Goldman trims 2012 global tech spending forecast

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Goldman Sachs trims its global technology spending forecast to 3 per cent from 4 per cent for calendar year 2012 after its June annual survey of the industry.

RComm unit extends bookbuilding for IPO: source

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The undersea cable unit of Reliance Communications has extended to Thursday the institutional bookbuilding period for its up to $1 billion Singapore business trust IPO, a source with direct knowledge

I knew nothing of bribery until after ISL collapse: Blatter

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FIFA president Sepp Blatter knew nothing about bribes paid to his predecessor Joao Havelange by now defunct marketing partner ISL until after the company collapsed in 2001, he said in a newspaper inte

Saudi Arabia considers law against insulting Islam

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Saudi Arabia is studying new regulations to criminalise insulting Islam, including in social media, and the law could carry heavy penalties, a Saudi paper said on Sunday.

The potential regulations co

Spain reforms to raise 56.4 billion euros

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The Spanish government's most recent reforms will slash 56.4 billion euros from the public deficit in the next two and a half years, an official document showed on Saturday, leaving a gap to be filled

Manchester United's U.S. IPO seen being a tough sell

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Manchester United may be one of the most supported sports teams in the world but that doesn't mean the soccer club is going to find many investors with an appetite for its planned initial public offer

U.S. considering criminal charges in Libor case: Report

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The U.S. Justice Department is building criminal cases against several financial institutions and their employees related to the manipulation of interest rates, The New York Times reported on Saturday

Developed or developing? Try merging markets

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Investors are criss-crossing the increasingly smudged line between emerging and developed markets as the eurozone crisis challenges traditional perceptions of a safe investment.

This blurring of dist

Inflation likely hit 2012 high in June: Reuters Poll

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Soaring food costs likely pushed Indian inflation to its highest level for 2012 in June, a Reuters poll showed, suggesting the Reserve Bank of India (RBI) will remain hawkish on monetary policy.

The

Special Report: HSBC's money-laundering crackdown riddled with lapses

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Executives of HSBC Holdings Plc and its U.S. subsidiary are scheduled to testify on Tuesday before a Senate panel about how the London-based banking behemoth, after years of run-ins with U.S. authorit

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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.