More Top Stories in Business

Halliburton, Baker Hughes Merger Sinks on Regulators' Objections

The deal to combine the world's second- and third-largest oil-field services firms after Schlumberger Ltd. appeared troubled since April 6, when the Justice Department filed a lawsuit to block it. The merger also had encountered opposition from regulators in Europe. The companies had anticipated ... · 46 minutes ago

IEA: Oil price bottoming depends on global growth

KITAKYUSHU: International Energy Agency (IEA) chief Fatih Birol said that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern. Oil prices hit 2016 highs on Friday with Brent crude reaching $48.50 a barrel on optimism that a global oil glut will ...

Arab News · 1 hour ago

Buffett Downplays Impact of Election

The chief executive of Berkshire Hathaway Inc. told shareholders Saturday that "Berkshire will continue to do fine" under an administration led by either Mr. Trump or Hillary Clinton. Both are their parties' front-runners in the current presidential campaign. Mr. Buffett has already endorsed Mrs. ... · 2 hours ago

Did Hrithik Roshan lash out at Kangana Ranaut's haters?

... with new details and statements emerging almost every alternate day. The recent explosive interview by actor Adhyayan Suman, too, gave a new dimension to the messy state of affairs. As the interview seemed to be a direct unabashed attack against Kangana, a barrage of negative comments against ...

Times of India · 6 hours ago

Asian shares slip, Nikkei skids on yen strength

People are reflected in a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai More By Lisa Twaronite TOKYO (Reuters) - Asian shares fell in early trading on Monday, with Japan's Nikkei plunging after the dollar notched a fresh 18-month low against the yen. ...

Yahoo! News · 1 hour ago

Eco downturn a top reason for bad loans, says Raghuram Rajan

New Delhi: Asked to explain the "real causes" behind ballooning bad loans at public sector banks, RBI governor Raghuram Rajan has put the blame on "overall economic downturn", among other reasons, in his submission to a Parliamentary panel. Congress leader K V Thomas-led Public Accounts Committee ...

Times of India · 2 hours ago

Starbucks sued for $5m over icy drinks

A disgruntled customer is suing Starbucks for $US5 million for putting too much ice in its cold drinks. Stacy Pincus, from Illinois in the US, alleges the chain is cheating customers by underfilling drinks. "A Starbucks customer who orders a Venti cold drink receives only 14 fluid ounces (414mL) of ...

New Zealand Herald · 3 hours ago

New plans to tackle tipping practices

From the section Business Image caption The business secretary said customers expected tips to go to staff 'in full' Measures to tackle unfair tipping practices and boost transparency have been proposed by the government. It follows claims that some restaurant chains were regularly holding back some ...

BBC · 3 hours ago

Yahoo CEO may see $55M severance

Marissa Mayer Yahoo just disclosed the size of its executive pay packages and Marissa Mayer stands to make millions coming or going. The CEO of the embattled online news site, currently trying to sell itself, is entitled to severance benefits valued at $54.9 million in case she is terminated without ...

CNBC · 5 hours ago

5/2/2016: Business: ICICI Bank top executives forego performance bonus

NEW DELHI: Leading private sector lender ICICI Bank, which has posted a sharp plunge in its fourth quarter net profit, has decided against grant of ‘performance bonus’ to its senior management team for the fiscal 2015-16. “We have decided that the...

Hindustan Times · 1 hour ago