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Key Shanghai index rebounds by 3.44% after three-day plunge
31 July 2015 2:38 AM ISTShanghai stocks recovered on Wednesday after plunging more than 11 <g data-gr-id="33">per cent</g> in the past three <g...
Pearson is in talks to sell Financial Times
24 July 2015 5:32 AM ISTBritish publisher Pearson revealed on Thursday that it is in “advanced” talks to sell its flagship business newspaper, ‘The Financial Times’ to an...
Uber locks horns with NYC hall over fleet expansion
22 July 2015 5:24 AM ISTThe ride-booking app Uber is fighting New York’s city hall, which wants to keep in check a fleet of vehicles that already far outnumbers the Big...
Greek banks reopen but citizens wake up to massive price hikes
21 July 2015 5:31 AM ISTGreek banks reopened on Monday after a three-week shutdown imposed to stop a run on ATMs from crashing the financial system, but citizens woke up to...
Greek banks will open tomorrow ... but capital controls to stay
20 July 2015 3:29 AM ISTGreek banks will re-open Monday after a three-week closure and withdrawal limits have been relaxed, but capital controls remain in place, a government...
Reddit’s CEO Ellen Pao quits after stormy term
13 July 2015 3:58 AM ISTEllen Pao, who made headlines with a high-profile Silicon Valley gender discrimination lawsuit, has been ousted after a brief but stormy tenure at the...
Alibaba executive detained over graft in Tencent
12 July 2015 4:42 AM ISTA senior Alibaba executive has been detained by authorities in a corruption case relating to his previous employer Tencent, the two Chinese technology...
Key China stock index rises 5.16% more as Govt steps work
12 July 2015 4:39 AM ISTChinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long <g...
Greece submits bailout plan just 2 hours before deadline
12 July 2015 4:38 AM ISTWith the crisis reaching a climax that could have dire consequences for the global economy, the proposals from Athens landed in Brussels less than two...
‘What global creditors are doing with Greece has a name — terrorism!’
6 July 2015 3:48 AM IST“What they’re doing with Greece has a name — terrorism,” said the blunt-spoken Varoufakis. “What Brussels and the troika want today is for the ‘yes’...
Brazil probes US Citigroup, 14 more banks for forex fixing
6 July 2015 3:48 AM ISTBrazil’s antitrust body announced an unprecedented probe for the country into alleged foreign exchange market rigging by 15 banks including Citigroup...
21 top China brokers to spend $19 mn to curb stock market freefall
6 July 2015 3:47 AM ISTThe brokers will spend at least 120 billion yuan ($19.3 billion) on so-called “blue chip” exchange traded funds (ETFs), the Securities Association of...