World Business News

Apple Inc. (AAPL) passed Samsung Electronics Co. to become the world's biggest smartphone vendor in the fourth quarter on surging sales of its iPhone, Gartner Inc. said.

The prime minister gets Coal India to commit to new supply pacts for 50,000 mega watts. This after power producers met the prime minister on January 18, and sought his immediate intervention on several issues related to the sector including the lack of coal supplies.

Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.

Google won US antitrust approval to purchase Motorola Mobility Holdings for $12.5 billion and expand its mobile phone patents to increase competition with Apple.