Firms/companies
Barclays "bloodbath": 19,000 jobs cut, hundreds of branches to shut
08 May 2014
British banking giant Barclays Plc today said that it will eliminate 19,000 jobs by 2016 and shut hundreds of branches as CEO Antony Jenkins sets out plans to overhaul the bank
Profits double at Japanese carmaker Toyota
08 May 2014
Toyota's profits almost doubled, boosted by the weakness of the yen and cost cutting by the world's auto maker
Profits double at Japanese carmaker Toyota
08 May 2014
Toyota's profits almost doubled, boosted by the weakness of the yen and cost cutting by the world's auto maker
HSBC first-quarter pre-tax profit down 20 per cent
08 May 2014
Europe's biggest bank, with operations across 75 countries, said revenue prospects were decent in Asia but stood weaker in Latin America, where it had withdrawn from many markets
Vodafone seeks arbitration as tax talks with government collapse
08 May 2014
Vodafone Group Plc has served a fresh international investment arbitration notice to India over the long-running tax dispute now said to be worth around Rs20,000 crore
PSA Singapore to develop JNPT’s fourth terminal
08 May 2014
PSA Singapore to develop JNPT’s fourth terminal
08 May 2014
Twitter’s share price down 18% to $31.85
07 May 2014
Siemens, Mitsubishi in metals alliance
07 May 2014
The JV with approximately 9,000 employees, will focus fully on iron, steel and aluminum industries
Siemens, Mitsubishi in metals alliance
07 May 2014
The JV with approximately 9,000 employees, will focus fully on iron, steel and aluminum industries
Merck & Co to sell consumer care business to Germany's Bayer for $14.2 bn
06 May 2014
The deal, which will make Bayer the second-biggest over-the-counter drugs (OTC) maker after Johnson & Johnson, is the largest in the German healthcare industry after Bayer outbid Merck to acquire Schering in 2006 for $21.5 billion
Apple to drop out of top three by 2020: VC Fred Wilson
06 May 2014
Apple may drop off from being the most valuable company and may not be able to stay even among the top three, says a venture capitalist