Attributing to people familiar with the development, The Wall Street Journal reported that UBS AG's brokerage unit in the US is laying off nearly 200 employees, including about 25 managing directors.
Floyd Cardoz, the chef behind the New York restaurant Tabla, has taken home the top prize in the third season of Top Chef Masters.
Commercial banks, charities and governments have set up funds worth hundreds of millions of dollars over the past few years to invest in private farm and food projects in Africa, while several major companies have expanded operations there, the leading financial daily Wall Street Journal said.
In an interview to The Wall Street Journal, Oracle chief executive Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems.
A good wealth manager is as important as a right mix of asset allocation in creating wealth in your lifetime.
According to The Wall Street Journal, Deutch joined Citi's board in 1996, after leading the Central Intelligence Agency.
The Wall Street Journal quoting two people familiar with the situation said Bharti has contacted West Asian sovereign wealth funds for additional cash to back its MTN bid for a majority stake. Further, the paper quoted another person and said that Bharti has already negotiated about $12 billion in financing from a group of banks that includes Standard Chartered PLC, but the deal may require more resources.
'As long as the military and the madrassas rule just across the border, Afghanistan will never find peace,'says Chris Patten.
FBI is probing a computer-security breach targeting Citibank that resulted in a theft of tens of millions of dollars by hackers who appear linked to a Russian cyber gang, according to a media report.
Just a decade ago, a kind of muscular nationalism was the leitmotif for talent management within Indian corporations. Any suggestion of bringing in foreign talent had managers bristling with indignation.
The International Olympic Committee (IOC) has no plans to cut short the global torch relay despite disruptions by protesters in London and Paris, Olympic chief Jacques Rogge told the Wall Street Journal. Reports the IOC executive board would consider scrapping the torch relay outside China at a meeting in Beijing later this week are "based on a misunderstanding", the IOC president told the paper.
Microsoft has also approached other big online publishers to persuade them to remove their sites from Google's search engine
At a board meeting last week, Benmosche told fellow AIG directors that he was 'done' but agreed to think it over after other board members reacted with shock.
The next-generation iPad, which is unofficially termed the 'iPad 2', is expected to be 'thinner and lighter'.
Attributing to people familiar with the situation, The Wall Street Journal said, Twitter Inc is nearing a deal to garner as much as $100 million that would buy the fast-growing Internet-messaging company more time to chalk out its business model.
Apple is working on less-expensive iPhones, while undertaking an overhaul of applications amid growing competition.
India's capacity to deal with terror is better today than what it was two years ago. And I can say with confidence our capacity to deal with terror next year would be even better from what it is today, says home minister
Jobs has been taking business meetings at home and on the phone.
The new version of the iPad will have a camera on the front of the device for features like video-conferencing, the Wall Street Journal quoted people familiar with the matter as saying.
He said his official FB page had been 'hacked and blocked' in 2018 but that there has been no response from the police on a complaint filed by him on the matter so far.
Dow Jones said shares representing approximately 60.3 per cent of the outstanding voting power of the company were cast on Thursday in favour of the merger. Announcing the approval, Dow Jones said the stockholders' vote satisfies the final condition for the completion of the deal. The two companies had signed an agreement and plan of merger on July 31. The merger became effective on Thursday.
As part of the reshuffle, James Murdoch will step down as chief executive of British Sky Broadcasting, and replace his father as non-executive chairman of the UK satellite broadcaster.
The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.
In a major catch, Pakistani authorities on Saturday nabbed a top militant suspected of beheading the Wall Street Journal reporter Daniel Pearl in 2002.
19-year-old Indian-American pre-med student Atul Nakhasi is suddenly the darling of Democratic Presidential candidates.
The move came as the United States and its European allies are believed to have faced resistance in pushing their case for referring Iran's nuclear activities to the United Nations Security Council.
Writer Asra Nomani, a friend of Daniel Pearl's, tells Aseem Chhabra why she doesn't believe in A Mighty Heart.
India-born PepsiCo chief Indra Nooyi has been the news recently for her trip to China, her remarks about the US Fed and her ability to handle the financial crisis.
The $58-billion conversion, announced in February when Citigroup shares were trading near USD 1, was supposed to happen in April but was slowed by negotiations between the bank and federal officials over details of the complicated transaction, the report noted. The deal is aimed at reducing worries about Citigroup's capital levels.
Quoting a person familiar with the matter the daily said, General Motors would provide more than $2.5 billion of the $3.6 billion necessary for the private equity firm to gain control of Delphi. General Motors filed for bankruptcy protection on Monday.
The Wall Street Journal, quoting people familiar with Apple, stated that "after months of uncertainty about Steve Jobs's health, the Apple Inc chief executive appears on track to return from medical leave this month."
Ford Motors, one of the big three in the US auto industry, is planning to increase its market share at a time when its rivals -- GM and Chrysler -- are tackling bankruptcy and restructuring procedures.
The ship, which departed from Long Beach, Calif., Sunday on a seven-day voyage to the Mexican Riviera, was about 200 miles south of San Diego when a fire ignited in the engine room, cutting off power, telephone service and air conditioning.
Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.
The facsimile edition of The Wall Street Journal and the Indian edition of Forbes, the magazine famous for its global billionaires' list, will be launched next week. A look at what to expect.
The United States and Pakistan would hold their third ministerial-level Strategic Dialogue in Washington, DC, next week, against the backdrop of America pushing Islamabad to act firmly against terrorist safe havens and step up relief efforts in the wake of the devastating floods in the country
Technology giant IBM is close to a deal to buy Sun Microsystems for about $7 billion, says a media report.
In the past 10 years, 141,000 women or 2.6 per cent of female workers in finance left the industry.
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