World Business News

After snapping London's iconic Grosvenor House Hotel for 470 million pounds last year, diversified business conglomerate Sahara India is close to buying out a bunch of Marriott hotels in London valued at 750 million pounds.

Nissan is to build a new compact model, called the Invitation, at its Sunderland factory.

Apple Inc is betting a 4G-equipped iPad will tempt more U.S. consumers to pay extra to watch high-quality video on the go, and in turn, give Verizon Wireless and AT&T Inc a revenue boost.

HSBC Holdings Plc said a $1 billion increase in its wages bill in Brazil, China and other emerging markets was the price of avoiding the stagnant growth which has dogged some rival lenders more dependent on Europe.