COMPANIES

A worker prepares the logo on the Microsoft stand on the CeBIT computer fair in Hanover

Microsoft Software Bug Linked to 'Duqu' Virus

Microsoft Corp. said hackers exploited a previously unknown bug in its Windows operating system to infect computers with the Duqu virus, which some security experts say could be the next big cyber threat.

PIMCO's Gross: U.S. Banks Need More Capitalization

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U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
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Colleges Upbeat on Student Sign-Ups

Bridgepoint Education and Corinthian Colleges were upbeat about signing up new students entering 2012, signaling that the worst is finally over for U.S. for-profit colleges that had faced dwindling enrollments in the wake of stricter government rules.
Central Bank of Kenya

Kenya's CBK shows teeth with sharp rate rise

Kenya's central bank bared its teeth against stubbornly high inflation on Tuesday with a record rate rise that is seen supporting the shilling, boosting appetite for long-term bonds and helping secure the approval of extra funds from the IMF.
Merger

Oracle Could Buy Salesforce.com: Analyst

Business software maker Oracle (NASDAQ: ORCL) may be setting its sights on Salesforce.com (NYSE: CRM) but the deal may not be an imminent one, according to an analyst at Global Equities Research.
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Risk Council Holds Call on MF Global

The financial risk council held a conference call on Monday to discuss developments related to MF Global Holdings Ltd, according to a Treasury Department official.
Allstate insurance posts fourth quarter results as office shown in San Francisco

Allstate Profit Sinks on Disaster Losses

Allstate Corp posted a sharply smaller profit for the third quarter, as the largest publicly traded home and auto insurer in the United States lost more than $1 billion due to natural disasters.
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SunTrust to Drop $5 Monthly Debit Card Fee from Nov. 2

SunTrust Banks Inc said on Monday it planned to drop a $5 monthly debit card service fee, adding the Atlanta-based regional bank to the list of lenders dropping such maintenance fees amid rising public criticism of the industry.
Honda to curtail N.A. output due to Thai floods

Honda to curtail N.A. output due to Thai floods

Honda Motor Co Ltd will temporarily cut production at its six plants in the United States and Canada due to parts shortages stemming from the flooding in Thailand, the company said on Monday.
A worker casts an ingot of platinum

Zimplats Q1 output down, eyes local ownership plan

Impala Platinum's Zimbabwe unit said on Monday metal production fell 13 percent during the July-September quarter after a maintenance shutdown at its furnace, but the company was on track to submit a revised local ownership plan in November.

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