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Apple names Dixons CEO to head retail unit

Apple Inc is hiring Dixons chief executive John Browett, who drove a recent turnaround at the UK electricals retailer, to lead the iPad maker's retail expansion.
Bank of America fee protesters

Bank Fees in 2012: Up, Up and Away!

Facing both a slew of regulatory developments and volatile capital markets, banks are seeing some parts of their traditional revenue model threatened. One solution: charge customers more fees, either by raising the price of existing fees, charge for services that used to be free, or offering new services at a cost.
Etsy Handmade Shops

Etsy: Turning Artists into Entrepreneurs, Passion into Possibility

Assuming the power to change the entire world economy is no small feat, but Etsy is doing just that. Created in 2005 by Rob Kalin, a painter, carpenter and photographer who found there was no practical marketplace in which to sell his handiwork, Etsy now boasts over 12 million active members, 1.5 million Twitter followers and $467.8 million in sales through November 2011. Etsy is the classic Little Engine That Could story. After all, Etsy was built not on a mountain, but on a molehill; s...
Hang Seng Index

Hang Seng on Mark to Book Best Jan. Since 1996

Hong Kong shares rose on Tuesday with the Hang Seng Index streaking to its best January since 1996, but further upside is expected to be capped going into earnings season after several profit warnings from mainland companies.
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Dixons Retail CEO quits to join Apple

Europe's second-biggest electrical goods retailer Dixons Retail said on Tuesday that its chief executive was leaving the company to join the world's most valuable technology corporation, Apple, as senior vice president of retail.
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German retail sales unexpectedly fall in December

German retail sales fell unexpectedly in December, suggesting Europe's debt crisis unsettled consumers during key Christmas trade, although economists said they expected the preliminary data to be revised upwards.
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S.Korea's E-Land says in consortium bid for LA Dodgers

South Korean retailer E-Land Group confirmed on Tuesday it is part of a consortium that is among short-listed bidders in the auction for bankrupt Los Angeles Dodgers baseball team, a move that could help it expand further in the sportswear business.
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Warm winter adds to retailers' post-holiday blues

Unseasonably warm weather across the United States forced many retailers to offer deeper-than-usual discounts to clear out coats, sweaters and boots in January, pointing to tepid sales in the typically slow post-holiday month.
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Carrefour picks retail veteran for new turnaround bid

Carrefour , Europe's largest retailer, picked industry veteran Georges Plassat as its next boss, signaling key shareholders may back another attempt to fix its ailing hypermarkets rather than push for a break up.
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Carrefour names retail veteran Plassat as new boss

Carrefour named retail veteran Georges Plassat as its new chairman and chief executive on Monday, seeking to draw a line under months of turmoil at the world's second-largest retailer.
A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

India Still a Hot Spot for Foreign Direct Investment: Ernst & Young

Foreign direct investment (FDI) in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure, and policy paralysis in their search for growth, professional-services firm Ernst & Young (E&Y) said in a report.
Apple employees look over the new iPhone 4S at Apple's flagship retail store in San Francisco

Tim Cook Rewards Apple Employees - $250 discount on iPads, $500 on Macs

Apple leadership has unveiled the tech-forward reward for Apple all employees, which number well over 60,000. Soon after announcing that in the holiday quarter, Apple has sold a record 37.04 million iPhones with a 128% growth compared to same period last year and 15.43 million iPad with a 11% increase, Apple CEO Tim Cook followed up by announcing in a town hall meeting that Apple will offer a total $750 discount on its products, which can be used once every three years.
Man uses a mobile phone among advertisements of a department store in Tokyo

Japan Prices Fall, Mild Deflation to Persist

Japan's core consumer prices fell for the third consecutive month in the year to December, and mild deflation is expected to persist this year as energy prices stabilize and worries about Europe's debt crisis suppress wage growth and economic activity.
BSE Sensex

BSE Sensex Up by 0.7 Percent; Reliance, Infosys Gain

The BSE Sensex rose 0.7 percent on Friday and was on track to post its fourth weekly gain in a row, on expectations improving global risk appetite will draw in more portfolio investments.
Symantec Security Operations Center

Hacked Symantec Security Software Goes Rogue

Symantec security software was hacked back in 2006, and now the anti-virus software maker says it didn't even know the source code for pcAnywhere, a remote access program, was even gone. Symantec knew there was a breach alright, but until a hacker called Yama Tough posted online in January he had the code, the company was unaware of the theft.
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Bank of America Extends Drop in Mortgage Rankings

Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks.

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