Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
Tiffany & Co gave a holiday quarter profit outlook that missed Wall Street expectations, and fears that its gross margin could slip further and the pace of sales gains is slowing sent shares down nearly 7 percent.
Worries about the euro zone's debt crisis worsened in November and dragged the European Commission's economic and consumer sentiment index to a two-year low, heightening the risks of a recession in Europe.
International air freight traffic was 4.8 percent lower in October than a year previously, while international passenger traffic grew 4.6 percent but at a slowing pace, the International Air Transport Association said on Monday.
Microsoft Corp and U.S. mobile engineering firm AgreeYa Mobility on Tuesday signed an agreement to allow corporations and other users to connect to Microsoft services from a variety of computing platforms, including phones and tablets running Apple Inc's iOS and Google Inc's Android.
China's decision to donate school buses to Macedonia has been met with strong criticism at home as concerned Chinese citizens noted the country's inferior transport safety record.
Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
The top U.S. military officer said on Monday the United States was vulnerable to cyber attacks, and called for more aggressive action to bolster America's online defenses.
U.S-based multinational corporations added almost 3 million jobs to their payrolls in foreign countries between 1999 and 2009, while slashing 864,600 jobs at home, as they become increasingly dependent on foreign sales. Is tax holiday a viable solution?
At stake is the possible dissolution of the Kyoto Accord, whose commitment period expires in 2012. Japan and Russia announced last year in Cancun they are against any extension or renewal of the accord if big green house gas emitters like the United States and China are excluded.
The Dark Knight Rises may be Christian Bale's final performance as crime-fighting superhero Batman, the actor told the Philippine Daily Inquirer.
Zynga reportedly attempted to buy Rovio, the makers of Angry Birds, for $2.25 billion, but were rejected. Is this a warning sign for Zynga?
Canada dismissed the Kyoto Protocol on climate change on Monday as a thing of the past, but declined to confirm a media report it will formally pull out of the international treaty before the end of this year.
Some 150 websites allegedly selling counterfeit goods including shoes, purses, sunglasses and sports jerseys have been seized, authorities said on Monday, coinciding with the Cyber Monday holiday shopping day.
The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes the BlackBerry.
The world needs a far more ambitious plan to cut emissions of planet-warming greenhouse gases than the Kyoto Protocol, European Union climate negotiators said on Monday, calling for a global deal to be reached by 2015 and in place by 2020.
Niger inaugurated its first oil refinery on Monday, marking the arrival of the West African state as a commercial oil producer and making it self-sufficient in refined oil products.
Sudan said on Monday it had halted landlocked South Sudan's oil exports until the two agree on a transit fee, stepping up a row between the two old civil war foes over how to untangle their once-integrated oil industries.
HTC's promise of competitive new models early next year may not be enough of a strategy shift to convince investors it can regain the innovative streak that catapulted it from an obscure contract maker to the world's No.4 smartphone brand.
Pakistan ratcheted up pressure on NATO on Monday over a cross-border attack that killed 24 Pakistani soldiers at the weekend, threatening to drastically reduce cooperation on peace efforts in Afghanistan.
