Massimo Dutti allowed entry into Indian market

High end brand Massimo Dutti was given permission by the Foreign Investment Promotion Board to set up shop in India.


Citigroup's legal fees stand to be highest on record

Compared to JPMorgan Chase, Citigroup's legal costs would easily reach USD5 billion. The next US bank primed for legal and regulatory scrutiny would be Citigroup Inc.

Obamacare exchanges can still weather a government shutdown

State officials who would be managing "Obamacare's" healthcare insurance said they are confident that they would still be able to access funds in the event of a government shutdown.

Leucadia National Corp buys USD 158 million worth of Harbinger Group shares from Falcone's hedge funds

Leucadia National Corp bought USD 158 million worth of Harbinger Group Inc shares from Philip Falcone's hedge funds.


Latest News

Swiftype, a software company that assists clients to integrate search engines in their company sites, raised another USD7.5 million in its recent funding round.
US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
Research from gadget insurer Protect Your Bubble revealed that over half of smartphone and tablet users in Britain performed emergency repairs of their unit.
A doctor has confirmed that the iOS 7 could make some users feel nauseous. A doctor confirmed that the iOS 7 that powers Apple's iPhones and iPads could make people carsick.
According to a Forbes report, the use of mobile phones as mobile money platforms has grown. According to a Forbes report, the use of mobile phones as mobile money platforms has increased in South Africa.
The CFTC warned that all buyers must be allowed to participate and operations need to be transparent as required by the Dodd-Frank Act.
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.
America Movil is biding its time in making a formal offer for KPN. America Movil SAB recently said it won't be making a formal offer until early October as it needs more time to negotiate with the management of Royal KPN NV.
Real Time Analytics