American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.
Investors
Detroit court judge overrules charges against governor, emergency manager
Bankruptcy court judge suspends charges made by employees and pension holders to bring focus of the case back into Detroit courtroom.
Richmond Federal Reserve president advises quick exit from bond-buying program
Federal Reserve must dissolve bond-buying program quickly, according to Richmond Fed leader Jeffrey Lacker.
Google Chromecast could be the most important smart TV tech ever
The new Google Chromecast was expected to be the most important smart TV tech ever. The Google Chromecast offered users a relatively simple way to wirelessly stream content.
Lanco Infratech, to restructure US$1.3 billion debt
Indian business conglomerate Lanco Infratech begins debt restructuring process. Indian construction company Lanco Infratech Ltd has initiated restructuring debts amounting to INR 75 billion (US$1.
Latest News
The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.
China-based developer is set to spend CNY 12 billion for a development in Qianhai thus becoming Shenzhen's biggest investor.
NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.
Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.
Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Private equity firm Silver Lake Management is maintaining its offer of US $13.75 per share for Dell Inc.'s buyout.
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
