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  • Cisco warns of sales miss, eyes $1 billion savings

    2011-05-12 13:42

    Cisco Systems Inc warned that it will fare worse this quarter than Wall Street had feared, and laid out plans for global job cuts as it struggles to revive growth.

  • Toyota quarterly profit slides on quake disruption

    2011-05-11 16:54

    Toyota's quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting car production.

  • Google braces to pay $500M in ad probe

    2011-05-11 13:25

    Google's lucrative online advertising system is facing a U.S. government investigation that is expected to cost the Internet search leader at least $500 million.

  • Disney's rare revenue miss hurts shares

    2011-05-11 11:17

    Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office, sending its shares down 3 percent.

  • Skype's owners set to make $5b: source

    2011-05-11 11:04

    Skype's owners, led by private equity firm Silver Lake , are set to earn more than three times their investment, for a total capital gain of more than $5 billion, on the sale of Skype to Microsoft Corp.

  • Microsoft says to buy Skype for $8.5 billion

    2011-05-10 20:20

    Microsoft Corp. says it will buy the Internet phone company Skype for $8.5 billion in cash.

  • LinkedIn to sell shares for $32 to $35 each in IPO

    2011-05-10 18:10

    Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major US social networking site.

  • Microsoft close to deal for Skype: source

    2011-05-10 14:02

    Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt.

  • Oil falls to near $101 ahead of US supply reports

    2011-05-10 13:31

    Oil prices fell to near $101 a barrel Tuesday in Asia as traders anticipated a further rise in weekly US crude inventories in a sign of weakening demand.

  • Metal giant to start 2 overseas projects

    2011-05-09 11:00

    China Nonferrous Metal Mining Co(Group) (CNMC), the country's non-ferrous metal giant, is expecting two of its major overseas projects to begin operation this year, said Luo Tao, general manager of the group.

  • Commodities' drop curbs risk appetite

    2011-05-09 10:33

    US stock investors head into this week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.

  • Apple world's most valuable brand

    2011-05-09 09:50

    Apple has overtaken Google as the world's most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown.

Hot Topics
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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