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Microsoft to pay China $140 million for ‘tax evasion’
Wed, Nov 26 2014. 09 13 AM

Microsoft to pay China $140 million for ‘tax evasion’

An unnamed US multinational must pay the Chinese govt $137 million in back taxes and interest, according to ‘Xinhua’
Ferguson officer testified he feared for his life in confrontation with teen
Wed, Nov 26 2014. 08 44 AM

Ferguson officer testified he feared for his life in confrontation with teen

New documents detail officer Wilson’s testimony to a grand jury, revealing what happened from his perspective
Asian shares climb on US optimism, oil pressured before Opec
Wed, Nov 26 2014. 08 43 AM

Asian shares climb on US optimism, oil pressured before Opec

Asia supported after upward revision to US GDP; crude oil extends losses ahead of Thursday’s Opec summit
Opening Bell 26 November | PSU stake sale efforts gather steam
Wed, Nov 26 2014. 07 55 AM

Opening Bell 26 November | PSU stake sale efforts gather steam

Asian stocks gained with strong GDP data from the US boosting optimism about the economy
Motherson Sumi: growth drivers in place despite higher debt
Wed, Nov 26 2014. 01 49 AM

Motherson Sumi: growth drivers in place despite higher debt

The company’s higher debt and a marginal dip in consolidated operating margin during the September quarter did not hurt stock performance
Pharma opportunity: developed markets to spend more on drugs
Wed, Nov 26 2014. 01 49 AM

Pharma opportunity: developed markets to spend more on drugs

Developed markets are expected to see spending increase at a higher rate than in the previous five-year period, whereas emerging markets will see growth slip
US economy grew at 3.9% rate in Q3
Wed, Nov 26 2014. 01 40 AM

US economy grew at 3.9% rate in Q3

The third quarter growth rate climbed from an initial estimate of 3.5% because of greater spending by consumers and businesses
McDonald’s JV partner Vikram Bakshi seeks higher valuation for stake
Wed, Nov 26 2014. 01 36 AM

McDonald’s JV partner Vikram Bakshi seeks higher valuation for stake

Bakshi says the US fast food chain had benefited from his active acquisition of key real-estate locations to open outlets in northern and eastern India
How Obama pushed out Hagel after reducing Pentagon’s power
Wed, Nov 26 2014. 01 13 AM

How Obama pushed out Hagel after reducing Pentagon’s power

Under Obama, strict control often left Hagel and other cabinet members with limited authority and autonomy
India, US seek to improve trade ties, but fail to spell out targets
Wed, Nov 26 2014. 12 25 AM

India, US seek to improve trade ties, but fail to spell out targets

Both sides signal their readiness to enhance trade and investment ties to promote growth and job creation

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