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Arris to buy British set-top box maker Pace in $2.1 billion deal

Last Updated: Thursday, April 23, 2015, 09:36

Network gear maker Arris Group Inc said it would buy British set-top box maker Pace Plc in a $2.1 billion cash-and-stock deal to expand its operations outside North America.

Accused ''flash crash'' trader granted bail, fights extradition to US

Last Updated: Thursday, April 23, 2015, 02:14

A British trader accused by US authorities of market manipulation that contributed to the May 2010 Wall Street "flash crash" was granted bail by a London court on Wednesday, after saying he opposed extradition to the United States for a trial.

Japan logs first monthly trade surplus in almost three years

Last Updated: Wednesday, April 22, 2015, 06:46

Japan posted its first trade surplus in nearly three years in March as import bills fell owing to tumbling oil prices while the value of exports to North America soared, data showed Wednesday.

US, Japan in `grabbing distance` of pact on Asia trade deal

Last Updated: Tuesday, April 21, 2015, 05:40

The United States and Japan are within "grabbing distance" of resolving their differences on a much-awaited massive Pacific free-trade pact, the top US diplomat for Asia said Monday.

US, Japan narrow gaps substantially in trade talks: US trade representative

Last Updated: Tuesday, April 21, 2015, 02:11

The United States and Japan have made significant progress in trade talks over recent days, adding momentum to multilateral efforts towards a free-trade pact, U.S. Trade Representative Michael Froman said early on Tuesday.

Bank of America profit beats expectations as legal expenses fall

Last Updated: Wednesday, April 15, 2015, 21:00

Bank of America Corp, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts` estimates, as legal costs fell steeply and the bank earned more from mortgage lending and investment and brokerage services.

McDonald`s to boost wages for 90,000 US employees

Last Updated: Thursday, April 2, 2015, 05:52

Fast-food giant McDonald`s announced Wednesday that it would increase the wages of 90,000 employees in company-owned restaurants in the United States and offer them paid time-off.

Ford recalls over 220,000 vehicles in North America for 3 issues

Last Updated: Wednesday, March 25, 2015, 18:46

Ford Motor Co said on Wednesday it is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.

Dow, S&P 500 fall; Nasdaq up back near 5,000

Last Updated: Friday, March 20, 2015, 10:53

The Dow and S&P 500 Thursday gave back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.

Sensex to touch 54,000-mark by 2018: BofA-ML

Last Updated: Wednesday, March 18, 2015, 18:28

The Sensex is expected to touch 54,000 by end-2018, although it is likely to slide over the next few months as "nothing has changed on the ground yet", says Bank of America Merrill Lynch (BoFA-ML).

US stocks surge ahead of Fed meeting

Last Updated: Tuesday, March 17, 2015, 01:49

US stocks plowed higher on Monday as the dollar retreated and the market looked ahead to a Federal Reserve policy decision in the next two days.

JLR planning a plant in North America: Ratan Tata

Last Updated: Wednesday, February 25, 2015, 23:34

Tata Motors-owned Jaguar Land Rover is mulling setting up a plant in North America to meet the growing global demand of its vehicles, according to Tata Group's Chairman Emeritus Ratan Tata.