Last Updated: Friday, January 17, 2014, 06:18
Stocks got off to a lacklustre start and the dollar was on the back foot in early Asian trading on Friday after downbeat results cast a shadow over Wall Street.
Last Updated: Saturday, January 11, 2014, 10:44
BP had supported the settlement agreement leading up to the December 2012 ruling by U.S. District Court Judge Carl Barbier approving it. But the company has since argued the administration of the settlement is faulty because it allows claimants without actual damages to join in.
Last Updated: Wednesday, December 25, 2013, 10:19
BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster.
Last Updated: Thursday, December 05, 2013, 13:14
Royal Bank of Scotland and rating agency Standard & Poor`s have been sued by a group of European institutional investors for damages of up to $250 million suffered on complex financial products in the lead-up to the global financial crisis.
Last Updated: Thursday, November 28, 2013, 12:58
Conman Rakesh Bhayani aka `mad Indian gambler` has been reportedly found guilty of murdering a lonely escort and former lover to pay off his gambling losses and save his marriage.
Last Updated: Monday, November 11, 2013, 23:28
The public sector bank had posted a net profit of Rs 330 crore in the year ago period.
Last Updated: Friday, November 01, 2013, 11:54
Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some USD 800 million in losses due to alleged rate-rigging manipulation in the latest fallout from the Libor scandal.
Last Updated: Wednesday, October 30, 2013, 09:47
The margin of earnings before interest, tax, depreciation and amortisation, or EBITA, was 32 percent in the quarter compared with 30.6 percent a year ago.
Last Updated: Thursday, October 24, 2013, 10:12
Jet, which has lost money in the past six years, said on Wednesday it was awaiting approvals from some regulators for the Etihad deal, without specifying.
Last Updated: Wednesday, October 23, 2013, 18:41
The Naresh Goyal-run Jet Airways Wednesday reported a eight-fold jump in losses at Rs 891 crore in the September quarter due to the fall in rupee and poor market conditions coupled with grounding of some of its aircraft.
Last Updated: Friday, October 18, 2013, 18:59
Its shares, which rose 4 percent after the Wall Street Journal first reported the interest from Lenovo Group Ltd, ended up less than a percent at $8.20 on the Nasdaq.
Last Updated: Friday, October 04, 2013, 09:10
Taiwan's HTC Corp slid into the red for the first time in the third quarter, with sales hit hard by fierce competition in the smartphone market, supply chain constraints and internal turmoil.
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