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Report: Perelman complains he's being shut out of PMN bidding

published 2 days ago
Philanthropist Raymond G. Perelman has become the second person to complain about being shut out of the bidding for The Inquirer, the Philadelphia Daily News, and Philly.com, according to the Associated Press.

Google at Work on an ‘Entertainment Device’

published 2 days ago
Google is moving into hardware, which is a goal of Larry Page, the chief executive, by developing an “entertainment device” to compete with Amazon and Apple.

DealBook: Alibaba.com May Become Part of Deal With Yahoo

published 2 days ago
The Alibaba Group is working on a complex plan to buy back most of Yahoo's stake in the company, and using Alibaba.com could remove an additional complication.

Euro ministers cold on deal to bail out Greece (AP)

published 2 days ago
AP - Just hours after Greece gave in to painful new job and spending cuts, European ministers declared Thursday that Athens didn't go far enough and demanded more within a week in exchange for a euro130 billion ($170 billion) bailout to stave off bankruptcy.

Report: Perelman complains he’s being shut out of PMN bidding

published 2 days ago
Philanthropist Raymond G. Perelman has become the second person to complain about being shut out of the bidding for The Inquirer, the Philadelphia Daily News, and Philly.com, according to the Associated Press.


Save up to 90% with Rebtel for International Calls

Investors May Rethink Plan to Oust Rothschild at Bumi

published 1 day ago
Indonesian investors behind London-listed mining company Bumi PLC said they may reconsider their attempt to oust financier Nat Rothschild from the company's board.

German Court Dismisses Latest Motorola Suit Against Apple

published 1 day ago
A German court Friday dismissed a suit brought by Motorola Mobility against Apple over a mobile communications technology patent.

Scripps Profit Rises

published 2 days ago
Scripps Networks Interactive said fourth-quarter profit edged up 3.4%. The operator of cable channels including HGTV and Food Network reported double-digit growth in advertising revenue ... more
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Cluff Gold lifted by Burkina Faso expansion

published Fri, Feb 03 2012 10:36 GMT
The miner will buy a second site and exploration permits from Canadian developer Orezone Gold Corporation for $15m and 11m shares

Unilever faces tougher times in emerging markets

published Thu, Feb 02 2012 03:39 GMT
Maker of Dove soap and Magnum ice cream says it is facing a tougher trading environment in Russia and Brazil

Treasury beset by exodus of top staff

published Tue, Jan 31 2012 15:31 GMT
Officials fuming at low pay levels and high staff turnover are creating real operational difficulties with the Budget just seven seeks away

PM paints a SAD picture of India's economy

published Fri, Feb 03 2012 06:30 GMT
India's economy had expanded by 8.4 per cent in 2010-11 financial year.

How the mobile industry changed in the past 5 years

published Wed, Feb 01 2012 03:30 GMT
Android and iPhone, considered outsiders from a mobile industry perspective were able to revolutionise the industry and have created immense positive network externalities.

Foreigners light up Dalal Street as locals keep away

published Mon, Jan 30 2012 02:39 GMT
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.

Spain caps senior pay at bailed-out banks

published Fri, Feb 03 2012 11:34 GMT
Executives limited to €600,000 a year, in some cases cutting bankers’ income by three-quarters

Super Bowl lends some muscle to global brands

published Fri, Feb 03 2012 11:34 GMT
International audience remains small, but the growth of social networks and the internet means ads shown during the game can go viral worldwide

Dutch left parties call for bank bonus ban

published Wed, Feb 01 2012 17:42 GMT
Labour and Socialist parties to present proposal to parliament that could put the country at the forefront of international efforts to restrict financial sector pay

Sony warns of ballooning full-year loss

published Thu, Feb 02 2012 01:36 GMT
Sony predicted a Y220bn ($2.9bn) net loss for the full financial year, much larger than previously forecast, as it restructures its unprofitable TV business

Nomura avoids second quarterly loss

published Wed, Feb 01 2012 02:40 GMT
A one-off gain helped the Japanese bank avert a second quarterly loss this year but profits are expected to stay under pressure

SAIC Motor: own brands flagging

published Tue, Jan 31 2012 14:32 GMT
The Chinese carmaker may be relatively unknown overseas, but it needs to inspire interest in its own brands in China to get into the fast ... more

Drought threatens Argentina’s tax revenue

published Mon, Jan 30 2012 11:33 GMT
Government seeks to slash ballooning subsidies bill as poor crops look set to bring in $1.3bn less in tax revenue
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Nokia Swings Axe Again, Plans To Cut 4,000

published 1 day ago
Ever since Stephen Elop was made Nokia's CEO last year, there have been dramatic strategy changes at the company.

Hedge-Fund Manager to Face Insider-Trading Charges

published 2 days ago
A northern California hedge-fund manager has surrendered to the FBI to face insider-trading charges in a broader investigation involving Galleon founder Raj Rajaratnam.

Why small companies' stocks deserve a closer look

published Sat, Feb 04 2012 07:30 GMT
Underperforming money managers are losing their most reliable scapegoat: The near-unison of share price swings in the Russell 2000 index.