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  • Google targets Facebook with new SNS

    2011-06-29 15:34

    Google Inc is making its boldest move to take on Facebook in the fast-growing social networking market and to maintain its dominance on the Web.

  • Campbell Soup to cut jobs, save money

    2011-06-29 14:47

    Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.

  • Microsoft rolls out Office in the cloud

    2011-06-29 14:18

    Microsoft Corp made its biggest move into the mobile, Internet-accessible world of "cloud" computing on Tuesday.

  • Google faces new $423m antitrust suit

    2011-06-28 17:27

    French search engine company 1PlusV said it is suing Google for 295 million euros ($417.7), alleging the company used its market dominance to block the development of alternative services.

  • Geithner urges economic reform by India

    2011-06-28 11:03

    US Treasury Secretary Timothy Geithner urged on Monday India to push ahead with reforms, particularly in the finance sector, to realize the "enormous potential" in economic ties between the two countries.

  • IMF is poised to choose Lagarde as next leader

    2011-06-28 07:38

    French Finance Minister Christine Lagarde is expected to be chosen as early as Tuesday to be the new leader of the International Monetary Fund.

  • Colossal investment will boost Thai conference economy

    2011-06-27 17:05

    An impressive investment plan from Bangkok Land Plc will give a shot in the arm of Thailand’s conference and exhibition economy. The real estate giant is to spend Bt3.1 billion ($101.06 million) within the next 12 months on IMPACT Muang Thong Thani, the country’s leading venue in Asia.

  • Facebook overtakes Microsoft in UK

    2011-06-27 07:52

    Facebook overtook Microsoft websites in Britain for the first time last month, becoming the UK's second-most popular after Google as people aged over 50 flocked to social networks.

  • No Greece private sector deal for UK banks-Treasury

    2011-06-26 23:05

    No specific proposals have been tabled for Britain's banks to get involved in any private sector deal regarding Greece's debt problems, the UK Treasury said on Sunday.

  • Deutsche's firing sparks probe

    2011-06-24 17:17

    In the fall of 2009, Deutsche Bank quietly fired one of its top derivative traders in London after a colleague in New York complained about finding "substantial trading anomalies" in a multibillion dollar portfolio of high-risk credit default swaps managed by the German-based bank, Reuters has learned.

  • Greece in deal with EU/IMF on austerity plan

    2011-06-24 09:48

    European Union leaders promised more money to help Greece stave off looming bankruptcy, provided its parliament enacts an austerity plan finalised in fraught last-minute talks with international lenders.

  • Asia has more millionaires than Europe

    2011-06-23 17:49

    Booming Asia had more millionaires than Europe for the first time last year and is fast closing in on North America for the top spot, a report released Thursday said.

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Scholars from Beijing and Moscow called for emerging economies to make their voice heard more at the G20 summit, as they exchanged views in a telephone conversation.
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