The Americas Economy
No Easing Of Greek Bailout Terms: Merkel
June 18 2012 12:40 PM
?The new government in Greece must fulfill their commitments quickly,? says German Chancellor Angela Merkel.
India Will Be Sixth Among World?s Top 10 Wealth Markets By 2012 End: Report
June 18 2012 1:45 AM
India despite its slowing economic growth is poised to emerge as the top sixth wealth market in the world, according to Datamonitor's 2012 global wealth market report.
What?s In A Dot.com Name? Amazon, Google Think Plenty But Not Apple
June 14 2012 12:16 PM
Ahead of next year?s expansion of Internet domain names with hundreds of new suffixes, 1,930 applications have been submitted to the governing Internet Corp. for Assigned Names and Numbers (ICANN).
G-20 Summit 2012: EU's Reputation At Stake During Mexico Gathering
June 14 2012 11:47 AM
As the euro zone lurches from crisis to crisis, the spotlight is set to fall on Chancellor Angela Merkel as world leaders look to Germany to take a lead.
Nokia?s 10K Job Cuts, Management Changes Needed To Restore Competitiveness
June 14 2012 5:10 AM
Finland-based cell phone manufacturer Nokia announced Thursday that it plans to cut 10,000 jobs globally as part of its revamping measures.
Openet, Irish Transaction Software Vendor, Pulls In Another $21 Million
June 13 2012 2:25 PM
Openet, one of Ireland?s flourishing software developers, said it raised an additional $21 million from investors in Japan, Europe and the U.S., bringing the cumulative total raised in 13 years to $55 million.
Wal-Mart Lists India, China Among The Most Corrupt Nations
June 13 2012 6:46 AM
Wal-Mart lawyers have identified India, China, South Africa, Brazil and Mexico as the most corrupt countries, according to a letter from two congressmen investigating the bribery charges leveled against the company.
Facebook Falls Again: 3 Week Loss Is $48 Billion
June 07 2012 4:56 PM
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell nearly 2 percent on Thursday, exactly three weeks after the company took in $16 billion in its initial public offering.
Air India Gets Cash Boost Of $215 Million To Pay Salaries, Dues
June 05 2012 7:02 AM
In an effort to revive the debt-ridden Air India, the government pumped in Rs. 1,200 crore ($215 million) as equity on Monday, to be put to use in paying employee salaries and vendor dues.
Big Data? Vast Majority Isn?t Prepared, New Survey Shows
June 05 2012 6:30 AM
Global enterprises are aware of the coming of so-called ?Big Data,? or the trillions of bytes of electronic data flowing through the Cloud and Internet.
Sneaking Your Money Across Borders: Capital Flight On The Rise
June 04 2012 4:24 PM
An increasing number of people are trying more ways to sneak money out of countries that are buckling under the weight of the world's almost daily financial crises.
Repsol Shareholders: Argentina's YPF Seizure An Act Of Piracy
May 31 2012 1:40 PM
Antonio Brufau, CEO of Spanish oil company Repsol, renewed his resolve to seek punitive damages from Argentina's government following its seizure of the company's subsidiary YPF -- and his shareholders are with him