Cisco CEO: It's 'garbage' to think Facebook's and VMware's network projects will hurt Cisco

Flying high after reporting a better-than-expected quarter, Cisco's outgoing CEO John Chambers had some strong words for the upstarts hoping to take on his company.

Chinese Smartphone Makers Try to Make Inroads in India

HONG KONG — The most important market for Chinese smartphone makers may no longer be China. For years, hundreds of millions of Chinese have purchased new smartphones.

T Rowe's challenge to Dell deal may fuel critics of 'appraisal'

An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker.

Toyota posts 19% rise in full year net profits

Japan's biggest car manufacturer, Toyota, has posted a year-on-year 19% rise in net income for the 12 months to March, beating expectations.

Money Shop set to overhaul price of its loans after payday crackdown

The Money Shop is preparing to lower the cost of short-term loans for some customers and reintroduce a pre-paid credit card in a bid to shore up its reputation after the crackdown on payday lenders.

Toyota, Mazda in talks on expanding partnership: sources

Toyota Motor Corp (7203.T) and Mazda Motor Corp (7261.T) are in talks to expand their technology partnership to fuel-cell vehicles (FCVs), sources said on Saturday, as global automakers face rising costs to comply with stricter emission regulations.

German industrial giant Siemens to cut 4,500 jobs

German industrial giant Siemens plans to cut 4,500 jobs, or about 1% of its total global workforce, months after it announced plans to slash more than 7,000 jobs.