Globally, buying groceries online has not boomed. But in India, a stunted grocery sector offers opportunity for e-commerce players. The Financial Times reports.» Read More
ArcelorMittal, the world's largest steelmaker, plans to pay at least $1.7 billion for all of China Oriental Group's shares it does not own, boosting its footprint in the world's top consumer and producer of steel.
This company is the best way to play a sector that should be in bull mode for a long, long time.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It’s widely believed that India will ink a free trade deal with the European Union sometime soon. What should you know about this global giant that you probably don't?
Dubai International Capital (DIC) plans to buy stakes in large Asian listed companies such as Singapore Telecommunications and DBS Group Holdings, a Singapore newspaper reported.
Mexico's Carlos Slim has been displaced as the world's richest man, at least for today, according to reports from India's news media.
With positive comments from Microsoft and Countrywide today, it's time to step back and take a slightly broader view of the markets. The S&P is up 7% this year (and 3% from its historic high).
The markets are having trouble holding their gains for a very simple reason: the decline in building permits suggests further decreases in housing starts in the months ahead. Here is a point where the bears may have some traction...
Here are my morning observations: 1) Techs come through: after the disappointment of yesterday, when many regional banks hit new lows, the news flow is far more positive. We said last week techs had to make some positive noises to justify their recent runups: Yahoo, Intel, and Seagate all were better than expected.
India-focused miner Vedanta Resources posted record production of most metals during the second quarter as new operations came on stream.
With the rupee close to a 9 year high against the dollar, outsourcing isn’t nearly as cost effective as it once was. In Wednesday’s Web Extra, hear from Tim Houlne the CEO of "insourcing” company Working Solutions. Also get the traders outsourcing plays.
The Carlyle Group hopes to seal its first property deal in India this year and is buying homes for the elderly in Japan, as the private equity firm's real estate arm looks to make inroads in Asia.
Electronic Data Systems has agreed to pay nearly $500,000 to settle an investigation into accounting irregularities alleged to have occurred from 2001 to 2003.
London-listed Arcelor Mittal is planning to crank up its steel production by pumping in an additional $35 billion into its global sites, company Chief Executive Lakshmi Mittal told the Financial Times Tuesday.
Grace Kelly and Jackie O are the two women Tommy Hilfiger sent down the runway yesterday. The collection of trench coats, silk knit dresses, tuxedo shirts and sport jackets referenced a glamorous 1950s-era wardrobe. Hilfiger said that his goal is to stay all-American in the sensibilities of the clothing but sell that polished American sportswear to a global market.
Like the Ansari X Prize, which was claimed in 2004 by aircraft designer Burt Rutan and financier Paul Allen for a pair of flights by SpaceShipOne, the Google Lunar X Prize is open to private industry and non-government entities worldwide.
President George W. Bush prepared for an Asia-Pacific summit in Australia, saying on Friday the United States would consider a peace treaty with North Korea if it gave up nuclear arms.
U.S. private equity investor Blackstone has agreed to pay up to $165 million to buy a majority stake in India's leading garment exporter, Gokaldas Exports, both companies have said.
Indian companies that process U.S. mortgages are reporting fewer work orders and diminishing revenue because of the subprime loan fallout overseas.
BHP Billiton, the world's biggest mining company, said it would seek to grow aggressively in India where volume growth is outstripping China, its other boom market.