Barclays accused in mis-selling report

Barclays has been accused of acting with "reckless disregard" when it sold a set of complex derivatives to a care home operator that is suing the bank for £36m.

Indian companies help drive innovation, education and employment in the US

NEW DELHI: Indian companies have often been accused of taking benefits form the US, while not creating either jobs there.

Hyundai Motor drives sharp Q1 net profit increase by 31%

SEOUL: South Korean carmaker Hyundai Motor increased quarterly net profit by 31 per cent to $2.15 billion as it bucked a sluggish industry trend in Europe and China and boosted sales in a recovering US market.

Sony expects to earn 10 percent of global business from India

KOLKATA: Japanese electronic goods maker Sony is expecting to garner 10 percent of its total global business from India after five years.

Apple results to face intense scrutiny after 10pc drop

Apple's latest results will face intense scrutiny today because investors are this month digesting a rare fall in the shares of the iPad maker.Apple's status as the world's most valuable company makes any decline in its share price painful for the wider stock market.

Billions wiped off Europe's biggest companies as political rebellion rocks eurozone

More than £122.3bn was wiped off the value of Europe's biggest companies on Monday amid fears that the eurozone's commitment to austerity was being swept away by political rebellion - just as its debts hit record levels.

McDonald's profits boosted by store revamps

McDonald's profits rose 5% in the first quarter to $1.27bn, helped by a revamp of its restaurants. The company said profits had also been boosted by new menu items, including chicken McBites and McCafe drinks.

Microsoft reveals $5.1bn profits for Q1

Shares in Microsoft jumped in extended trading after the latest profits from the world's biggest software maker beat Wall Street's expectations.

Sony-led group wins EU approval to buy EMI publishing

USSELS (Reuters) - A Sony-led consortium won EU approval on Thursday to buy EMI's music publishing business for $2.2 billion, on the condition that it sell the worldwide publishing rights of artists including Robbie Williams and Lenny Krativz.

Nokia slumps to €1.3bn loss under competition from Apple and Samsung

Nokia has announced the departure of its head of sales as the struggling mobile phone maker, beset by competition from Apple and Samsung and an under-par new product launch, slumped to a loss of €1.3bn (£1.1bn).

Tesco unveils profits rise and £1bn investment in UK

Tesco will invest £1bn in its UK business this year in an attempt to revive its flagging domestic operation.

US judge sends Apple, Samsung to settlement talks

(Reuters) - Apple Inc and Samsung Electronics Co Ltd agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing.

Sony turnaround plan 'no great shakes': Analysts

Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the "ordinary" turnaround plan its new chief unveiled last week, analysts said.

JP Morgan reports rebound in business

JP Morgan, the first major US bank to announce its results, has reported a rebound in revenues in the first three months of 2012.

Sony sheds 10,000 staff in major reorganisation

Electronics firm Sony is to shed 10,000 jobs as part of a major reorganisation, chief executive Kazuo Hirai has said.

Should US companies be allowed to export high-skilled services?

In the drive to double US exports, Washington has been focusing on manufacturers. But that may be the wrong target.

How to Compete in a Diverse World Market Environment

Of all debates in international business strategy, two stand out: The first debate revolves around the nature of world market environment, whether world markets are global, multinational or semiglobal.

Sony to cut 10,000 jobs worldwide

Tokyo, Japan - Sony Corporation has announced plans to cutting 10,000 jobs, about six per cent of its global workforce, according to media reports.

Apple's share price overtakes Google as it is forecast to be first $1tn company

The world's insatiable appetite for all things Apple appears to be reaching new levels. Silicon Valley's hottest company could soon become the world's first trillion-dollar company, according to Wall Street analysts.

Samsung Q1 profit to soar on Galaxy, Note sales

SEOUL: Samsung Electronics, the world's top technology firm by revenue, will report strong first-quarter profit of around $4.5 billion on Friday on soaring sales of its flagship Galaxy smartphones and the new Note, a mini-tablet and phone.

Opel’s Future Weighs Heavily on German Town

BOCHUM, GERMANY — Udo Möde steered his Opel compact car slowly over the cracked pavement of the half-empty parking lot at the company’s plant in Bochum, Germany, on a recent workday.

Global firms 'may rethink India' over tax proposal

Seven international trade associations have written to Indian Prime Minister Manmohan Singh criticising a new tax proposal under which even 50-year-old corporate deals could be scrutinised.

OpCapita pays £50m for 333 Game stores

OpCapita bought the video game retailer out of administration on Sunday, rescuing the jobs of 3,200 staff not affected by last week’s closure of 276 Game stores.

Coca-Cola to invest $4 billion in China's market in next three years

BEIJING: World's leading soft drink producer Coca-Cola has said it will expand its production scale in China with $ four billion investment in next three years.