Hewlett-Packard chairman Carly Florina has deplored current outcry against outsourcing to countries like India, China and Russia saying more jobs should be created in the sectors where the US has and will continue to have competitive advantage.\n\n\n\n
India and China has the capability to emerge as new rivals to the US economy in the coming decades, an influential US daily has said.
Hong Kong was ranked the freest economy in the world for the 10th consecutive year in the '2004 Index of Economic Freedom' released on Friday by the Washington-based think tank The Heritage Foundation and the Wall Street Journal.
Bharti Airtel, India's largest cellular operator, is planning to raise its offer to about $22.63 per share to acquire control of South African mobile player MTN, according to a media report. Quoting a person familiar with the 'deal,' the Wall Street Journal said on Monday that Bharti is considering raising the offer to about 175 South African rand (or $22.63) per share for control of MTN.
After weeks of speculation, AOL Time Warner's board of directors okayed the proposal to change the company's name back to Time Warner on Thursday.
Economist Joydeep Mukherji, who tracks India and China for Standard and Poor's, has joined the minority of economists who believe that with a little more effort India can overtake the Chinese economy.\n\n\n\n
The Democratic presidential nominee has gained a whopping 15 per cent national lead owing to the recent gaffes made by her Republican rival.
Alarmed by a report that 1.7 million US jobs may be lost to other countries, particularly to India, American workers, trade unions, local governments and legislators are fighting back to keep jobs at home and prevent outsourcing.
Only two years ago, India's high-tech companies basked in glowing media coverage of their technological prowess but with economic growth slowing and lay-offs rising in the US and Europe.
The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.
Now that Phillip Purcell has been ousted from the top job at Morgan Stanley, the chances of "executives-in-exile," including Vikram Pandit
Ronald Perelman, on the advice of Morgan Stanley, said he sold his stake in Coleman Inc. to appliance firm Sunbeam, which later became engulfed in an accounting scandal, thereby driving down the value of his stock.
Analysts said News Crop bid could result in similar offers from other media giants.
More and more employers in the US are giving bonuses based on performance instead of annual raises for all employees, a media report has said.
Soybean cloth is touted as a more ecologically sound alternative to traditional cloth made of cotton or wool.
French cosmetics giant L'Oreal SA plans to buy an ayurvedic skin-care brand to bring the Indian vision of beauty to the world.
Kicking off its plans for a business newspaper, HT Media Ltd announced on Friday an editorial content tie-up with the Wall Street Journal, though not going for equity participation as of now.
With American companies preferring youth over experience, executives in their 40s and 50s are now resorting to cosmetic surgery in addition to familiar simple remedies like dyeing the hair.
Pakistan Army on Friday said it has arrested nearly 100 terrorists and foiled an imminent jailbreak attempt to free top Al Qaeda leader Ahmed Omar Saeed Sheikh, sentenced to death for the murder of Wall Street Journal correspondent Daniel Pearl in 2002.
The opposition party also demanded an investigation by a Joint Parliamentary Committee into the alleged "links of Facebook employees and the ruling establishment".
Demystifying the Chinese economy, a noted economist has said the Asian giant is living on 'borrowed growth' and this "surreal economy cannot continue indefinitely."
64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.
US investment bank Goldman Sachs and German financial firm Allianz are in talks to buy a stake of more than $1 billion in one of China's biggest state-owned commercial banks, a news report said on Monday.
Three months after Boeing Co's former CEO was forced to resign, the aerospace company is expected to name 3M Co. CEO W. James McNerney Jr. on Thursday as its new chief executive, according to a published report.
Asserting that India was committed to remain an open economy, Prime Minister Manmohan Singh has said there was a greater willingness internationally now to work with the country and build relationships of mutual benefits.
For the super rich who feel five star luxuries are too less, hoteliers in United States are rolling out a new class of six-star hotels.
Two Indian women are among the world's top 50 businesswomen announced by the Wall Street Journal on Monday.