International Business News

Former PepsiCo CEO, India-born Indra Nooyi, a frontrunner for World Bank President post: Report

Former PepsiCo CEO, India-born Indra Nooyi, a frontrunner for World Bank President post: Report

US President Donald Trump’s daughter Ivanka Trump is playing a key role in the selection of the candidate for the post.

Jan 16, 2019, 11:24 AM IST
Not interested in Jet Airways as backed by ''enemy'' state: Qatar Airways CEO

Not interested in Jet Airways as backed by ''enemy'' state: Qatar Airways CEO

Al-Baker said Qatar Airways would be "delighted" to take a stake in IndiGo.

Jan 15, 2019, 14:45 PM IST
Nissan ex-chief Carlos Ghosn faces new charges

Nissan ex-chief Carlos Ghosn faces new charges

Ghosn`s alleged co-conspirators, Nissan Director Greg Kelly and Nissan Motor, were also indicted for the alleged misreporting.

Jan 11, 2019, 18:19 PM IST
Jeff Bezos' $69 billion likely alimony to wife MacKenzie more than GDP of over 100 countries

Jeff Bezos' $69 billion likely alimony to wife MacKenzie more than GDP of over 100 countries

Jeff Bezos' fortune =has soared as high as $160 billion thanks to his stake in Amazon.

Jan 11, 2019, 11:34 AM IST
Here are some high-profile corporate chieftain's divorces

Here are some high-profile corporate chieftain's divorces

These high profile divorces often come with a hefty price tag.

Jan 11, 2019, 10:51 AM IST
Most expensive celebrity divorce: Here's how much world's richest man Jeff Bezos will pay his wife as alimony

Most expensive celebrity divorce: Here's how much world's richest man Jeff Bezos will pay his wife as alimony

Bezos may have to pay nearly half his fortune to his wife MacKenzie.

Jan 11, 2019, 10:40 AM IST
Revealed! Why world's richest person Jeff Bezos is seeking divorce from his wife

Revealed! Why world's richest person Jeff Bezos is seeking divorce from his wife

Jeff is reportedly having a secret affair with Lauren Sanchez.

Jan 10, 2019, 12:03 PM IST
Apple CEO Tim Cook took home $15.7 mn in 2018

Apple CEO Tim Cook took home $15.7 mn in 2018

The $12 million bonus to Cook was linked to revenue and operating income targets -- both of which rose 16 per cent from 2017.

Jan 09, 2019, 17:24 PM IST
Nissan's Carlos Ghosn claims innocence in first appearance since November arrest

Nissan's Carlos Ghosn claims innocence in first appearance since November arrest

On December 31, the Tokyo District Court granted prosecutors` request to extend Ghosn`s detention by 10 days until January 11.

Jan 08, 2019, 17:23 PM IST
Gita Gopinath joins IMF as its first female chief economist

Gita Gopinath joins IMF as its first female chief economist

Announcing her appointment on October 1, IMF Managing Director Christine Lagarde described her as one of the world's outstanding economists with impeccable academic credentials.

Jan 08, 2019, 09:25 AM IST
World Bank President Jim Yong Kim resigns, to join a private investment firm

World Bank President Jim Yong Kim resigns, to join a private investment firm

Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term`s expiration at the end of 2021.

Jan 08, 2019, 08:42 AM IST
Apple cuts revenue forecast on weak China sales

Apple cuts revenue forecast on weak China sales

Apple Inc forecast $84 billion in revenue for its fiscal first quarter ended Dec. 29, which is below analysts` estimate of $91.5 billion.

Jan 03, 2019, 07:00 AM IST
Nissan Motor, Carlos Ghosn, Carlos Ghosn misconduct, Carlos Ghosn termination

Nissan Motor, Carlos Ghosn, Carlos Ghosn misconduct, Carlos Ghosn termination

Ghosn, accused of aggravated breach of trust, is facing allegations of making the car maker shoulder 1.85 billion yen ($16.8 million) in personal investment losses.

Dec 31, 2018, 15:07 PM IST
Amazon announces record sales for holiday season in 2018

Amazon announces record sales for holiday season in 2018

In April this year, Amazon disclosed that its Prime members had reached a record milestone of 100 million customers.

Dec 27, 2018, 14:41 PM IST
Nissan's Carlos Ghosn re-arrested, chances of imminent bail dashed

Nissan's Carlos Ghosn re-arrested, chances of imminent bail dashed

The re-arrest means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct.

Dec 21, 2018, 11:39 AM IST
Cambridge Analytica scandal: Facebook sued over data breach accusations

Cambridge Analytica scandal: Facebook sued over data breach accusations

Shares in the company were down 4.7 percent in afternoon trade on Wednesday.

Dec 20, 2018, 11:31 AM IST
US Fed raises lending rates for 4th time this year, defies Prez Trump

US Fed raises lending rates for 4th time this year, defies Prez Trump

According to Federal Reserve Chairman Jerome Powell, the world's largest economy continued to strengthen this year, roughly in line with expectations.

Dec 20, 2018, 11:15 AM IST
Google to pump in $1 billion to build new offices

Google to pump in $1 billion to build new offices

Google joins two other tech giants from the West Coast, Amazon and Apple, which recently announced plans to further expand their presence in New York.

Dec 18, 2018, 13:35 PM IST
Apple hires former Tesla senior designer

Apple hires former Tesla senior designer

The Cupertino-based company has largely remained silent on its plans about the Apple Car.

Dec 18, 2018, 11:06 AM IST
No IMF loan to Pakistan to repay Chinese debt: Congressman

No IMF loan to Pakistan to repay Chinese debt: Congressman

Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 17, 2018, 14:15 PM IST