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GE Battles for Alstom as Siemens Wins French Support

April 28th, 2014 (0)
Jeffrey Immelt is trying to defend General Electric Co. (GE)’s largest-ever acquisition, after French officials imperiled the attempt by urging Alstom SA (ALO) to consider a rival offer from Germany’s Siemens AG. (SIE) The chief executive officer of GE ...

What Obama and Abe Didn’t Talk About

April 25th, 2014 (0)
As New York Times columnist Paul Krugman recently reminded readers, the dirtiest word an economist can call you is “Japanese.” Swedes must be stewing with regret for giving Krugman that Nobel Prize, after one of his columns likened the ...

UK SMEs are neglected at the critical growth stage, says new report

April 25th, 2014 (0)
Old Street Silicon Valley-style business ‘clusters’ vital for growth. Local Enterprise Partnerships not as effective as predecessor, say SMEs Initiatives aimed at helping the UK’s small and medium sized enterprises (SMEs) are failing at the critical growth stage of ...

Apple, Google, Intel, Adobe Settle Antitrust Hiring Case

April 25th, 2014 (0)
Apple Inc. (AAPL), Google Inc. (GOOG), Intel Corp. (INTC), and Adobe Systems Inc. (ADBE) agreed to pay $324 million to settle an employee lawsuit over claims they conspired to suppress salaries by not recruiting one another’s workers, a person ...

How much is your personal data worth?

April 22nd, 2014 (0)
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As this paper reported last week, ministers are considering changes in ...

European Stocks Rise Before U.S. Data as Tesco Rallies

April 16th, 2014 (0)
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed. Tesco Plc advanced the most since 2012 ...

ASIC bans convicted former adviser from credit industry

April 15th, 2014 (0)
The Australian Securities and Investments Commission (ASIC), has permanently banned Mr Pavan Vyas from engaging in credit activities after he was convicted for dishonest conduct. Mr Vyas submitted 15 false insurance applications between June 2012 and March 2013 to ...

Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer

April 11th, 2014 (0)
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...

Cyprus: A Mediterranean island slowly rebuilding after crisis

April 11th, 2014 (0)
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...

European Stocks Rise After Two-Day Drop; Kingfisher Gains

April 9th, 2014 (0)
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...
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