EU open to talks but won't scrap carbon tax Springfield News-Sun | SINGAPORE — Europe is willing to discuss its new carbon emissions tax for airlines with disgruntled governments but has no plans to scrap the levy, top EU officials said Monday. | Airlines and governments have complained the tax is too costly and was implemented without consultation. Industr...
Taiwan's Acer sues former CEO over move to Lenovo Chicago Tribune | TAIPEI (Reuters) - Taiwan computer maker Acer Inc has sued its former chief executive, Gianfranco Lanci, saying he breached a non-compete clause in an agreement covering his departure from the company in 2011. | Lanci left Acer abruptly at the end of March last year after a disagreement with other...
Dubai's GDP forecast to grow 4.1% in first quarter Gulf News | Dubai: Dubai's GDP is expected to grow 4.1 per cent in the first quarter of this year, according to the Dubai Economic Outlook 2011 report released by the Dubai Economic Council yesterday. | However, the report also suggested that GDP growth might decline as the year wears on. Abdul Razak Al Faris...
Markets Live: worst day in 2012 Sydney Morning Herald | Australian shares have fallen to one-month lows in their worst day this year, dragged down by losses in financial shares on weak earnings reports and rising fears that Greece will default on its debt. | 3.40pm:Bit more on the Qantas job cuts - seem...
Alibaba's Taobao at center of failed Yahoo deal - sources The Guardian By Nadia Damouni and Alexei Oreskovic NEW YORK/SAN FRANCISCO, Feb 15 (Reuters) - Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by...
Lion Air seals Hawker 900XP jet contract Jakarta Post | Two Indonesian airlines signed contracts to purchase aircraft as part of their network expansion at the Singapore Airshow on Wednesday. | Low-cost carrier Lion Air signed a contract to buy four nine-seater Hawker 900XP business jets at the Changi E...
Kim Dotcom, Pirate King Business Week | After renting an $18 million estate in the emerald hills of Coatesville, New Zealand, Kim Dotcom e-mailed his neighbors. The mastermind of Megaupload, one of the world’s most popular file-sharing sites, introduced himself as a convicted ...
Alibaba's Taobao at center of failed Yahoo deal: sources Canada Dot Com | NEW YORK/SAN FRANCISCO (Reuters) - Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources...
Alibaba to reach out to Yahoo CEO on stalled deal LA Daily News | By Kelvin Chan | Associated PressAssociated Press Posted: 02/15/2012 06:39:07 PM PST February 16, 2012 2:39 AM GMT Updated: 02/15/2012 06:39:09 PM PST | HONG KONG -- Alibaba Group and Japan's Softbank will go directly to Yahoo's (YHOO...
China Is Very "Business-Friendly" Huffington Post | China is very, very "business-friendly." Corporate conservatives lecture us that we should be more "business-friendly," in order to "compete" with China. They say we need to cut wages and benefits, work longer hours, get rid of overtime and sick pa...
Alibaba to reach out to Yahoo CEO on stalled deal Seattle Times HONG KONG - | Alibaba Group and Japan's Softbank will go directly to Yahoo's chief executive, bypassing negotiators from the U.S. Internet company, after talks over the sale of Yahoo's Asian holdings broke down, a person familiar with the negotiation...
Gold firms on hopes of Greek deal Business Day | Gold gained half a% on Wednesday, on course for its biggest one-day rise in a week, on hopes Greece would deliver on a commitment to implement tough austerity measures and on China’s pledge to keep investing in euro zone government debt. | Bullion rose in line with gains in the euro and equities on optimism about a Greek deal and comments from ...
Stocks set to rise after Greece austerity approved Ottowa Business Journal | The Canadian dollar headed higher as Sunday's vote encouraged investors to take on added risk, rising 0.46 of a cent to 100.18 cents US. | U.S. futures were higher as the Dow Jones industrial futures gained 82 points to 12,849, the Nasdaq futures climbed 18.2 points to 2,566.8 and the S&P 500 futures were up 9.5 points to 1,350.1. | Greece's ...
Shark deaths hit two-decade high worldwide in 2011 The Daily Telegraph Sharks killed a dozen people worldwide last year, a two-decade high as tourists ventured into waters in remote areas far from medical care, Florida researchers said in a report released on Tuesday. | Australia had three shark attack fatalities and there were two each in Reunion, the Seychelles and South Africa, and one each in Costa Rica, Kenya and...