US regulator fines JP Morgan and Credit Suisse $400mn in securities case
WASHINGTON - JP Morgan Securities LLC and Credit Suisse Securities (USA) have agreed to pay more than $400 million combined fine after being charged by the US markets regulator of misleading ...
Leaders optimistic of being able to avoid fiscal cliff
WASHINGTON - President Barak Obama and congressional leaders commenced discussions Friday on how they might avoid the looming fiscal cliff, under which the US faces the challenge of imposing ...
Indian American's popular energy drink under FDA scanner
NEW YORK - A popular energy drink, produced by a company founded by an Indian-American billionaire, has come under the scanner in the US after reports of 13 deaths possibly linked to the energy ...
TNT Express to offload airlines operations to safeguard UPS merger deal
HOOFDROP, Holland - TNT Express NV, a Netherlands-based express delivery company, has agreed to conditional sale of 100% of its equity interest in TNT Airways SA (TAY) and Pan Air Lineas Areas SA ...
Furniture giant IKEA apologizes for use of forced labour by suppliers
BERLIN - Global furniture chain retailer IKEA Friday conceded that it had benefited from the use of forced prison labour by some of its East German suppliers more than two decades back and that some ...
Elections due in Japan as prime minister dissolves parliament
TOKYO - Japanese Prime Minister Yoshihiko Noda dissolved the lower house of parliament Friday, setting the stage for general elections in December that is expected to strip his centre-left party of ...
Meet the poorest president in the world Uruguayan leader Jose Mujica
Uruguayan president Jose Mujica has been dubbed as the 'poorest president' in the world, as he lives on a ramshackle farm and is known for giving away 90 percent of his earnings to charity. The ...
Nike sells Cole Haan brand to Apax Partners for $570mn
Nike Inc. announced it has reached a definitive agreement to sell its Cole Haan affiliate brand to Apax Partners for $570 million. The transaction is expected to be complete in early 2013."The ...
Inflation Chinas key long-term risk central bank chief
China's Central Bank Governor Zhou Xiaochuan answers a question at a news conference during the ongoing National People's Congress (NPC), China's parliament, in Beijing March 12, ...
Argentina asks U.S. judge to wait for bond dispute appeal
NEW YORK (Reuters) - Argentina asked a U.S. judge late on Friday to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a ...
Why Fox News and the Wall Street Journal Reward Their Pundits for Being Wrong About Everything
polling data about the state of the race. Some Republican leaders are now promoting wholesale changes. Louisiana Governor Bobby Jindal urged Republicans to "stop being the party of ...
Bourne to lead Voice
The struggling Village Voice has tapped Will Bourne, who has a long background in finance and tech journalism, to be editor of the nation?s oldest alternative weekly.Bourne was most recently ...
Source: http://www.nepalnews.net/index.php/sid/210808752/scat/3a8a80d6f705f8cc
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