As per reports, it has been revealed that Motorola Mobility has sold 1 million tablets in the fourth quarter of 2011, but has also suffered an $80 million loss in the same period. The company said that the main reason of the loss is fewer sales of tablets in the earning quarter.

There seems to be tough time ahead of AT&T, as a federal judge has accepted the request to freeze the deal of acquiring T-Mobile USA Inc. This comes as nothing less than a shocker for the company as they were expecting to get some breather this time.

It seems that the long-running euro debt crisis has finally affected Britain's economy to a significant extent as it has been told that factory output has touched a dismal level in the last nearly two years.

John Paulson is the name we all are well familiar of, especially when we talk about hedge funds and betting. But, the personality has done something new this time.

In a bid to make strategic move, it has been confirmed that Chinese state-owned oil company Sinopec Group has given green signal to claim 30% stake in Portuguese oil firm Galp Energia. Worth $3.54 billion, the deal is being seen as an attempt by the company to make significant impact in Western-owned energy assets.

Backed by consistent rise in sales of global brands like Stella Artois and Beck’s, the world’s largest brewer Anheuser-Busch, InBev NV, managed to gain over 16% profit in its third quarter. Though there was a paltry drop in overall volume, the company managed to give growth of 16.3% in its normalized profit attributable to equity holders in the same quarter as compared to what happened in the last year.