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Business 16 Jun 2012 | 12:00 AM

Ex-business titan Gupta guilty of insider trading

NEW YORK: Rajat Gupta, a consummate business insider who once sat on the board of Goldman Sachs Group Inc, was convicted on Friday of leaking secrets about the investment bank at the height of the financial crisis, a major victory for prosecutors seeking to root out illicit trading on Wall Street.

Business 13 Jun 2012 | 12:00 AM

Poll: Best country in the world for women is Canada, worst India(update)

LONDON: Policies that promote gender equality, safeguards against violence and exploitation and access to healthcare make Canada the best place to be a woman among the world's biggest economies, a global poll of experts showed on Wednesday.

Business 17 Apr 2012 | 12:00 AM

American Jim Yong Kim is chosen to lead World Bank

WASHINGTON (AP) - Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank. His selection Monday extends the U.S. hold on the top job at the 187-nation development agency.

Business 11 Apr 2012 | 12:00 AM

World Bank contest a test for industrial nations - Ocampo

WASHINGTON (Reuters) - The unprecedented challenge posed by developing countries to the U.S. grip on the World Bank presidency will test industrial nations' commitment to an open selection process, former Colombian finance minister and nominee Jose Antonio Ocampo said on Tuesday.

Business 26 Mar 2012 | 12:00 AM

Geithner: US World Bank pick to win broad support

WASHINGTON: Jim Yong Kim, the US nominee to lead the World Bank, will win broad international support despite an unprecedented challenge by candidates from emerging economies, US Treasury Secretary Timothy Geithner said in an interview.

Business 18 May 2011 | 12:00 AM

IMF chief under suicide watch at NYC jail

NEW YORK: IMF chief Dominique Strauss-Kahn was placed under a suicide watch in jail, while pressure mounted on him to resign Tuesday and the hotel maid who accused him of attempted rape said through her lawyer that she had no idea who he was when she reported him to the police.

Business 04 Mar 2011 | 12:00 AM

Indian business world fears cloud from charges

NEW YORK: The latest issue of Desi Talk was about to be printed when news broke that Rajat Gupta, a former board member at Goldman Sachs, had been charged with insider trading.

Business 06 Oct 2010 | 12:00 AM

Donors pledge US$11.7 billion to fight AIDS, TB

UNITED NATIONS: Donors committed US$11.7 billion on Tuesday to fight AIDS, tuberculosis and malaria for the next three years, far below the $17 billion needed to meet U.N. goals to slow and beat the killer diseases.

Business 27 Apr 2010 | 12:00 AM

Europe trade deal could hit Indian generic drugs

MUMBAI, India: It took two years of secret suffering and gut-wrenching diarrhea to make Lumkile Sizila face the fact that he had HIV

Business 16 Sep 2006 | 12:00 AM

Mimos unit gets Cuban PCs deal

Mimos Smart Computing Sdn Bhd has secured a deal worth US$10mil to supply 30,000 personal computers (PCs) to Cuba's Electronics Group for the computerisation programme in this Caribbean island nation.