Friday, 24 May 2013 16:22

U.S. regulators are in the early stages of an antitrust probe into whether Google Inc (GOOG.O), the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday.

Friday, 24 May 2013 16:22

For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bonds mean that trading is likely to get bumpier in coming months.

Friday, 24 May 2013 16:22

Procter & Gamble Co (PG.N) on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald in the roles of chairman, president and chief executive officer effective immediately.

Friday, 24 May 2013 16:22

Shares in Ranbaxy Laboratories Ltd(RANB.NS) fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believed former shareholders of the company hid information regarding U.S. regulatory probes.

Friday, 24 May 2013 16:22

Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting.

Friday, 24 May 2013 16:22

The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday.

Friday, 24 May 2013 16:22

General Motors Co (GM.N) is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts.

Friday, 24 May 2013 16:22

Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.