INVESTMENT

Starbucks CEO Howard Schultz

Starbucks close to cafe JV with Tata Coffee

Starbucks Corp is finalising an equity joint venture with Tata Coffee Ltd for opening coffee shops in Asia's third-largest economy, the Times of India reported on Monday.

Stocks, Euro Gain on Hopes of Debt Deal

Europe holds the key to the current risk asset rally, according to experts
European index futures rose on Monday, following small gains for Asian shares, and the euro firmed 1 cent after the leaders of France and Germany pledged to unveil a plan to solve the euro zone's sovereign debt crisis by the end of the month.

Home Prices: 5 Questions You Must Ask Before Buying a U.S. Home

U.S. Housing Sector
Incredibly, U.S. home mortgage rates continue to trend lower -- the average 30-year, fixed rate is now 4.07 percent, and they could drop even lower. Still, given soft home prices, jumping into the housing market is hardly a slam-dunk no-brainer, and here are five factors to consider before buying a home.
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Sprint CEO Dan Hesse

Will Sprint's Apple iPhone Gamble Pay Off?

Sprint has already committed to purchasing 30.5 million iPhones over 4 years, which is estimated to cost $20 billion at current rates. The decision could reap rewards for the struggling carrier, or could have devastating consequences.
Traders work on the floor of the New York Stock Exchange

Wall Street Flat after 3-Day Rally

Stocks were little changed on Friday following a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.
RBS

Moody’s Downgrades 12 British Banks

Moody’s believes that the UK government will “more likely now … allow smaller institutions to fail if they become financially troubled.” Shares of RBS and Lloyds were down as much as 3.5 percent in London trading.
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Oracle Announces Roadmap for Java

Oracle has announced JavaFX 2.0 and its plans to move Java forward and continue investment in mobile platforms such as Java ME and Oracle Application Development Framework (ADF) Mobile in the OpenWorld conference.
Newly sworn Gov. Jerry Brown of California. Consumer advocates are urging Brown to push for tighter health insurer regulation.

California law fights regulation with regulation

In an odd twist, California business groups applauded Governor Jerry Brown for signing legislation on Thursday to create a new layer of government regulation they say will lessen the burdens imposed by future regulations.
Visitors try Sony Corp's head mounted display personnal 3D Viewer HMZ-T1 and digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba

Sony Secures Abu Dhabi Funds for EMI Bid-FT

Sony Corp has secured financing from an Abu Dhabi investment fund to back its bid for British music company EMI, a media report said, an acquisition that would beef up its content catalogue as it struggles to compete with Apple .
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MetLife to Take Up to $275 Mln in 3rd-qtr Charges

MetLife Inc (MET.N), the largest life insurer in the United States, said on Thursday it would take up to $275 million in third-quarter charges, in part to increase reserves for policies where it may know the holder is dead but no claim has been filed.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa's stocks rise on global rebound

South African stocks rose for the second straight session on Thursday, consolidating gains as global markets firmed on hopes that European policymakers would take coordinated steps to support banks there.
ABSA

Absa merges units in line with Barclays structure

Absa Group, the South African bank majority owned by British lender Barclays, said it would merge its business and retail banking units and has also created a small team of Barclays and Absa executives to lead its expansion across the continent.
Gold bar

Gold Off after ECB Leaves Interest Rate Alone

Gold fell in choppy trade on Thursday after the European Central Bank held off flagging an imminent cut in interest rates, deflating an earlier rally in assets seen as higher risk, such as equities and the euro.

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