New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. ...

​Seoul, Oct 7 (IANS) Samsung Electronics saw its operating profit rise in the third quarter despite a global recall of Galaxy Note 7 smartphones, the company said on Friday. The South Korean tech behemoth posted 7.8 trillion won ($7 billion) in its preliminary figure for operating profit during the July-September period, up 5.55 per ce...

New York, Oct 8 (IANS) A pill that prevents the accumulation of toxic molecules in the brain and can help prevent or delay Alzheimer's, can be the next target in the fight against the neurocognitive disease, according to US scientists. ...

​Washington, Oct 7 (IANS) Citing the example of the proposed pan-India Goods and Services Tax (GST), the IMF on Friday said the country has shown that progress on reforms could attract investment and boost prospects of India's medium-term growth. ...

​Washington, Oct 4 (IANS) The International Monetary Fund (IMF) on Tuesday maintained its forecast for global growth in 2016 at 3.1 per cent, saying the subpar trend will continue without determined policy action. ...

​New York, Oct 3 (IANS) Companies that do invest in building their innovative capacity are rewarded over the long run by higher stock market returns and profits, say researchers including one of Indian-origin. ...

​London, Oct 3 (IANS) The pound sterling was the worst performer among major currencies on Monday, after British Prime Minister Theresa May said Britain would kick off the process of separating from the European Union (EU) by the end of March 2017. ...

​Tokyo, Sep 26 (IANS) Financial assets held by Japanese have lost value between March and June due to the effects of Brexit on the markets, marking two consecutive quarters of decline, according to data released by the Bank of Japan (BOJ) on Monday. ...

​Washington, Sep 22 (IANS) The inclusion of the Chinese yuan in the Special Drawing Right (SDR) basket by the International Monetary Fund (IMF) is an important milestone for the international monetary system, said a senior IMF official. ...

Cairo, Sep 9 (IANS) The World Bank on Friday transferred $1 billion to Egypt to boost the Arab country's economic reform programme, a media report said. "This is the first batch of a $3 billion deal allocated for funding a government economic developmental plan," Egyptian Minister of International Cooperation Sahar Nassr was ...