COMPANIES

Reliance Industries Planning to Sell More Oil to Africa

Mukesh Ambani
Reliance Industries is currently selling two million to three million tonnes of petroleum products a year to Africa, and it sees the potential for more, P. Raghavendran, president of the company's refinery business, said Saturday.
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Verizon's Galaxy Nexus Version Will Not Support Google Wallet

The Verizon Wireless launch of the Samsung Galaxy Nexus, the newest Google Android phone, is expected on Dec. 15, but it may be a letdown for some eager to buy the phone as its only official carrier in the United States has said that it will not support Google Wallet.
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Jon Corzine

Chicago Broker Shows 'em the Money, Post-MF Global

As a former MF Global Holdings Ltd. CEO prepared to testify last week before a U.S. congressional committee about missing customer money, one independent broker attempted to restore customer confidence in the futures market by publishing exactly where it is holding its clients' collateral.
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Toys R Us third-quarter loss flat

Toys R Us Inc , which is looking to go public next year, reported a quarterly loss equal to a year earlier, as interest expense declined even as sales at established stores fell.
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Apple iPad 3 Release Slated for February 2012 [REPORT]

One Citi analyst, citing sources close to the situation, believes Apple will release its next-generation iPad in February of 2012. The tablet will reportedly feature double the pixel density of the iPad 2, as well as a new LED system.
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Hospital fire kills at least 84 in eastern India

A fire tore through a seven-story private hospital in the eastern Indian city of Kolkata before dawn Friday, killing at least 84 people, most of them intensive care patients who were asleep and suffocated in the fumes.
Samsung Electronics' Galaxy Tab 10.1

Samsung wins a round in long legal fight with Apple

Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.
NYSE trading post

Someone Goes All In on Bank of America (NYSE:BAC)

A market participant with apparently $400 million in cash lying around just became one of Bank of America's (NYSE:BAC) largest shareholders. Between 11:01 and 11:02 a.m. New York time, trade in Bank of America spiked as over 72 million shares changed hands.

Facebook vs. Twitter: 5 Ways Twitter's Redesign is Taking On Social Media Giant

Twitter's redesign isn't available to everybody yet, but a sneak peek at the site's new features reveals that Twitter's strategy to expand its audience is matched by a desire to beat Facebook at its own game. From Twitter profiles to embedded timelines, check out the five big changes to Twitter, and how its redesign plans to take on the social media giant.
No January Release Date for Apple iPad 3

Apple iPad 3 to Launch in February 2012, Before iPhone 5 Release: Citi

Citing several sources, Citi analyst Richard Gardner said in a note that the iPad 3 will launch in February with a screen that has double the resolution of Apple's most recent model, the iPad 2. Such a screen enhancement would improve the iPad's graphics to sharpness levels available on Apple's popular iPhone 4 and 4S, according to CNET.
The Apple iPad 2

What to Expect from Tablets in 2012?

As we cast our eyes over the year that was, the computer tablet market across the world strikes one as having been the sort of space most affected by a constant stream of products, with each one trying to outdo the other, in terms of innovation, design, components and performance. At the end of it all, however, if you've played the waiting game, hoping that 2012 will be an even better year, here is a brief rundown of what to expect...

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