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US govt department alleges Indian call centres stole $300 million from Americans US govt department alleges Indian call centres stole $300 million from Americans

The five Indian call centres, charged with defrauding thousands of Americans, stole more than USD 300 million from their victims, US Homeland Security Secretary Jeh Johnson has said.

'Chinese businesses can make huge profits in India' 'Chinese businesses can make huge profits in India'

Arguing that anxieties of Chinese businesses in investing in India are "overblown", official media today said investors can make "fat gains" by cashing in on the rapid growth in India's manufacturing sector and staying away is indisputably an "unwise choice".

Panama becomes member of global convention on tax transparency Panama becomes member of global convention on tax transparency

Panama on Thursday became the member of a global convention that aims to combat cross-border tax evasion by sharing foreign taxpayer details with other governments, a move considered by 'Panama Papers' leak affected nations like India as positive in unravelling the financial irregularities.

Nissan confirms decision to build new model in UK despite Brexit Nissan confirms decision to build new model in UK despite Brexit

Japanese carmaker Nissan said it will build its new Qashqai model at Britain`s biggest car plant, confirming a report from Reuters, marking the first major investment from the autos-industry since the UK voted to leave the EU.

Barclays bank takes $733 million hit over insurance mis-sell Barclays bank takes $733 million hit over insurance mis-sell

British bank Barclays on Thursday said it had set aside an extra £600 million ($733 million, 672 million euros) to compensate customers mis-sold insurance, a day after rival Lloyds gave a similar update.

Galaxy Note 7 recall dents Samsung quarterly earning; Q2 profit down 17% Galaxy Note 7 recall dents Samsung quarterly earning; Q2 profit down 17%

Samsung Electronics reported a sharp fall in its quarterly earnings on Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit.

Samsung heir apparent Lee Jae-Yong joins board Samsung heir apparent Lee Jae-Yong joins board

Samsung heir apparent Lee Jae-Yong took a major step towards control of the family-run conglomerate on Thursday, joining the board as the company reported a 30 percent profit dive following a highly damaging recall crisis.

Another 170 years before women are paid as much as men: Gender gap index Another 170 years before women are paid as much as men: Gender gap index

Efforts to close gender gaps in pay and workforce participation slowed so dramatically in the past year that men and women may not reach economic equality for another 170 years, the World Economic Forum said on Tuesday.

Economic gap between women and men could take 170 years to close: WEF Economic gap between women and men could take 170 years to close: WEF

The economic gender gap could take 170 years to close after progress towards parity between the sexes suffered "a dramatic slowdown", the World Economic Forum (WEF) said in a report on Wednesday.

Nintendo cuts profit forecast despite Pokemon Go success Nintendo cuts profit forecast despite Pokemon Go success

The maker of Super Mario games and the Wii U console said Wednesday that it booked a 62.7 billion yen (USD 601.7 million) gain in April-September from its sale of the Seattle Mariners Major League Baseball team.

Vodafone UK fined a record $5.60 million for failing customers Vodafone UK fined a record $5.60 million for failing customers

Britain has fined Vodafone a record 4.6 million pounds ($5.60 million) for "serious and sustained" customer failures, including not updating accounts when mobile phone users topped up their credit to make calls.

POSCO Q3 profit jumps to over 4-year-high as China prices gain POSCO Q3 profit jumps to over 4-year-high as China prices gain

POSCO posted its strongest quarterly operating profit in more than four years, beating analysts` estimates, as a sustained recovery in Chinese steel prices helped boost margins for South Korea`s top steelmaker.

Volkswagen diesel scandal: US judge approves $14.7 billion deal Volkswagen diesel scandal: US judge approves $14.7 billion deal

A U.S. federal judge on Tuesday approved Volkswagen AG`s record $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back the cars in mid-November.

US housing price in August seen moving upwards US housing price in August seen moving upwards

 Growth in US housing prices was steady in August, with the western cities of Portland, Seattle and Denver again seeing the strongest gains, according to survey data released Tuesday.

China not planning to raise income tax China not planning to raise income tax

 Chinese officials have refuted the speculation that the government was planning to raise personal income tax on earnings of more than USD 18,400 a year, after netizens responded "furiously" to reports that plans were afoot to increase the tax burden on the emerging middle class.

Netflix CEO gives conditional approval of AT&T-Time Warner $85.4 billion deal Netflix CEO gives conditional approval of AT&T-Time Warner $85.4 billion deal

Netflix Chief Executive Reed Hastings said he was in favor of AT&T Inc`s planned $85.4 billion acquisition of Time Warner Inc, provided that his popular media streaming company continued to be treated fairly.

Samsung Group's prestige takes another hit over lawsuit Samsung Group's prestige takes another hit over lawsuit

A South Korean law firm said Tuesday that it expected thousands more people to join a class action lawsuit seeking compensation from Samsung over its combusting Galaxy Note 7 smartphones.

Britsh PM Theresa May seeks to unite first ministers over Brexit plans Britsh PM Theresa May seeks to unite first ministers over Brexit plans

British Prime Minister Theresa May will today meet the first ministers of Scotland, Wales and Northern Ireland in London, where she will face calls for each region to vote on the government's Brexit plans.

 Leading banks planning to move out of UK before Brexit Leading banks planning to move out of UK before Brexit

Most of the leading banks based in the UK could begin to pull-out of the country early next year because of uncertainty about Britain's exit from the EU and increasing fears over the impending Brexit negotiations, a top banking association has warned.

AT&T strikes a deal worth $108.7 billion to buy Time Warner AT&T strikes a deal worth $108.7 billion to buy Time Warner

AT&T on Saturday announced a deal worth $108.7 billion for Time Warner that would create a powerhouse with control over a vast array of media and entertainment assets and the means to deliver them.