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San Francisco - The US Justice Department is preparing an anti-trust case aimed at challenging an advertising pact between Google and Yahoo, according to reports Tuesday in the Wall Street Journal and other US media.
Google and Yahoo announced the deal in June, but said they would delay implementation until October to allow regulators...
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Tata Motors Ltd said Monday that it would continue the suspension of work at its factory in eastern India manufacturing the world's cheapest car, the Nano, even though farmers called off their protests over farmland acquired for the plant.
Farmers at Singur near West Bengal's state capital, Kolkata, halted protests late Sunday after...
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Indian telecommunications majors Bharti Airtel Ltd and Vodafone Group PLC launched the third-generation Apple iPhone Friday across India, the world's fastest growing mobile phone market.
At 30,000 rupees (690 dollars), the iPhone 3G costs almost triple its price in the United States, where it is subsidized by telecommunications...
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Europe's biggest carmaker Volkswagen AG said Thursday worldwide sales of its flagship VW brand slipped 1.5 per cent to 305,000 during July in the face of growing economic uncertainty and high fuel prices.
However, the German-based auto giant said it set a new record for worldwide deliveries during the first seven months of the year,...
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Austria's largest telecommunications provider Telekom Austria AG on Wednesday reported a 26.3-per-cent profit drop to 96.3 million euros (141.5 million dollars) in the second quarter, as interest costs and marketing expenses affected results.
Earnings before interest, taxes, amortization and depreciation (EBITDA) rose 0.6 per cent to...
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South Korea's STX Group said on Monday it was more than doubling its stake in Europe's largest ship maker Aker Yards to 88.4 per cent, gaining full management control of the Norwegian firm, the company announced on Monday.
STX announced it had acquired an additional 48 per cent for 660 billion won (632 million dollars), more than...
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Japan's Nissan Motor Co plans to double its share of the German car market by 2012, the German business daily Handelsblatt reported Monday.
The French-Japanese auto maker hopes to raise its market share from 1.5 per cent to 3.0 per cent by boosting its dealerships by 120 and introducing two new models into Europe, including a compact...
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An India-based group with interests in the information-communication technology sector is setting up its global headquarters in Singapore, armed with a 200-million-US-dollar war chest, news reports said Friday.
The city-state was picked because of its proximity to the fast- growing "Israel-to-Indonesia" market, The Business...
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German travel and shipping giant TUI AG said Thursday it had slumped into a loss during the second quarter despite a solid performance by its container ship operations.
The smaller-than-forecast 55.6-million-euro (82.7-million-dollar) quarterly loss compared to a profit of 58.9 million euros in the same period last year.
Announcing...
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The SAS Group, the operator of the joint carrier Scandinavian Airlines, reported a second-quarter pre-tax loss over record high fuel costs and overcapacity, the group said Thursday as it announced new belt-tightening measures.
The SAS Group posted a second-quarter pre-tax loss of 106 million kronor (16.8 million dollars) compared to a...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.757 |
0.701 |
97.307 |
| EUR |
1.320 |
------ |
0.926 |
128.479 |
| GBP |
1.426 |
1.080 |
------ |
138.794 |
| YEN |
0.010 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 | 40.24 (0.29%) | | Nasdaq | 2,747.11 | 6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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