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Apple is the No. 1

Samsung had overtaken Apple in Q3, as customers waited for the iPhone 4S. AM ETAdd a comment.IDG News Service - Apple has emerged as the top smartphone vendor worldwide in the fourth quarter of 2011, ...

Eastman Kodak Files for Bankruptcy

Eastman Kodak, the 131-year-old film pioneer that has been struggling for years to adapt to an increasingly digital world, filed for bankruptcy protection early on Thursday....

Yahoo’s Jerry Yang Resigns From Board

Yahoo announced on Tuesday that Jerry Yang, a co-founder and board member, had stepped down from the board effective immediately. He has also resigned from the boards of Yahoo Japan and the Alibaba ...

Google as the new Sun: Case in point, Native Client

The search engine vendor is a fountain of new technology, though as in the case of Native Client, its ambitions are limited...

New European Bank Chief Takes a Bold Approach

Since taking office a little more than a month ago, he has presided over an interest rate cut, signaled a greater willingness to deploy the bank’s resources to fight the European debt crisis and turne...

Embraer and Kuehne + Nagel extend partnership

At the Dubai Airshow, Embraer and Kuehne + Nagel announced the extension of their global partnership to include the set-up of a logistics hub for the Middle East and Africa region. The hub will be lo...

Former Apple CEO Steve Jobs dies at 56

Steve Jobs, Apple’s co-founder and its CEO through a period of record growth and innovation for the company, has died. He was 56....

Jump in euro zone inflation clouds ECB rate call

BRUSSELS, Sept 30 (Reuters) - Euro zone consumer price inflation jumped unexpectedly to 3.0 percent in September, its highest level in almost three years, heaping doubt on bets that the European Centr...

Europe again steps back from brink in debt crisis

Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday...

Jobs Steps Down at Apple

Steven P. Jobs, whose insistent vision that he knew what consumers wanted made Apple one of the world’s most valuable and influential companies, is stepping down as chief executive, the company annou...

Eurozone crisis tarnishes Germany's 'Iron Lady'

(CNN) -- For years, Germany has been feted as the strong man of Europe: While those around it battled years of boom-and-bust, Germany, stable and consistent, thrived. Its economy -- and the economic m...

Marks &Spencer and Rankin launch Kidswear campaign

This autumn, M&S has joined forces with top photographer Rankin to launch the new kidswear campaign „Do Your Thing?. The campaign, which will include print advertising, in store and online imagery, fe...

Coffee prices are getting a jolt

Roasters are passing on the soaring cost of coffee beans to retailers, who in turn are charging consumers more...

Apple unveils 'iCloud' storage

Apple's Steve Jobs on Monday announced a new service called "iCloud," which lets Apple product owners store documents and music on the Internet instead of on their own computer hard drives or mobile p...

Takeda to Acquire Nycomed

Takeda Pharmaceutical Company Limited ("Takeda", TSE: 4502) and Nycomed A/S ("Nycomed") jointly announced today that Takeda has reached an agreement with the shareholders of Nycomed in which Takeda wi...

Apple earnings nearly double

Apple detractors had a lot to moan about this quarter: iPad 2 sales worries, Japanese supply-chain concerns and the rise of Android. But in the end, Steve Jobs and company shut them down with blowout ...

GSK welcomes key agreement

GlaxoSmithKline (GSK) welcomes the agreement reached at the Open Ended Working Group (OEWG) coordinated by the World Health Organisation (WHO) on a Framework to support global preparedness for a futur...

Why gas is so expensive, when oil isn't

Prices at the pump may soon set a record, but analysts say U.S. oil prices and gas prices from 2008 don't reflect the true cost of crude....

New HP CEO Apotheker lays out vision

In his first official appearance before the technology press and analysts since becoming CEO last fall, Leo Apotheker illustrated his vision for Hewlett-Packard's future. HP will focus on three areas ...

Czech construction sector to shrink 10% in 2011

Currently, there are 450,000 people employed in the Czech construction sector. In 2011, this number may get reduced by as much as 40,000 or 50,000, due to weaker cash flow into large construction proj...

NAFE Names Lilly

Eli Lilly and Company (NYSE: LLY) has been named to the 2011 NAFE Top 50 Companies for Executive Women by the National Association for Female Executives (NAFE). The list recognizes organizations whose...

Nestlé Health Science

Nestlé Health Science today announced that it has completed the acquisition of CM&D Pharma Ltd (CM&D), a company that specialises in the development of products tailored for patients with kidney disea...

Nokia and Microsoft form partnership

Rory Cellan-Jones asks Nokia's Stephen Elop and Microsoft's Steve Ballmer why they chose to form an alliance Nokia has joined forces with Microsoft in an attempt to regain ground lost to the iPhone an...

FT and DT eye tech partnerships

France Télécom and Deutsche Telekom plan to collaborate on the technology they use to build and operate their telecommunications services, they announced Friday....

Mitsubishi and Nissan boost ties

The two firms already supply each other with models in different markets. Carmakers Nissan and Mitsubishi have said they will increase levels of co-operation between the two firms. Under the deal, Nis...

Eurozone industrial production grows less than expected

Industrial output may slow in the eurozone in the fourth quarter. Industrial production in the 16 countries that use the euro increased by 0.7% in October, less than expected. The EU's statistics offi...

Microsoft's Paul Allen sees lawsuit thrown out

Paul Allen founded Microsoft with Bill Gates in 1975. Microsoft co-founder Paul Allen has had his lawsuit against a number of tech and online retail firms thrown out.In August, Mr Allen claimed the fi...

Motorola's secrets shipped to China

Motorola has accused its own engineers of sending confidential documents to the founder of Huawei, and claims that the receiving company was well aware that the information was stolen....

Apple’s Profit Rise

The iPhone4 antenna may be causing static for some Apple investors, but the company is showing no signs of slowing down....

Technology Rivals Lobby to Break Microsoft’s Hold

A European plan to advise governments on software purchases has set off a lobbying battle this summer between the U.S. software giant Microsoft and its rivals Google, I.B.M., Red Hat and Oracle over a...

Apple to battle with Google for mobile ads

Apple launched a war with Google over mobile advertising revenues on Thursday as it announced its own iAd network for the iPhone....

Renault and Nissan unveil Daimler partnership

Nissan, Renault and Daimler on Wednesday announced a partnership that will see the three companies take 3.1 percent mutual equity stakes and work together on small cars, engines and light commercial v...

Poland mourns as president´s body arrives home

The body of Polish President Lech Kaczynski, who was killed in a plane crash in Russia over the weekend, returned to tributes in his homeland Sunday afternoon....

HP Labs Opens Singapore Research Hub

Hewlett-Packard establishes an R&D outpost, the first opened under labs director Prith Banerjee, in a key country in the computer maker's fastest-growing region...

Honeywell Backs 2010 Outlook

Honeywell reaffirmed its 2010 financial guidance, projecting sales of $31.3 billion to $32.2 billion and earnings per share of $2.20 to $2.40....

AIG posts $9bn loss in fourth quarter

Insurer AIG, which was saved by the US government in 2008, has posted a loss in the last three months of 2009....

Société Générale issues profit warning

Sociéte Générale issued a profit warning on Wednesday after the French bank, which suffered...

Huawei in $500m India outlay

Huawei Technologies, the Chinese telecoms equipment company, is to make a $500m investment in its research and development operations in the southern Indian city of Bangalore as part of an effort to a...

Ferrero debates Cadbury retreat

Ferrero, the Italian chocolate maker, was on Tuesday night debating abandoning a pursuit of Cadbury as the UK confectioner’s top executives launched a stinging attack on Kraft’s £10.4bn ($16.8bn) host...

Accenture ending sponsorship deal with Tiger Woods

A major sponsor for Tiger Woods announced Sunday that it is dropping the golf star in light of recent controversy swirling around his personal life. Accenture, a management consulting firm, said on it...

Cadbury boss calls Kraft offer derisory

The chairman of Cadbury has urged shareholders to reject a $16.5 billion takeover offer from Kraft and accused the American food company of trying to buy the British confectionary group "on the cheap....

Cisco lifts offer for Tandberg to $3.4bn

Cisco Systems raised its offer for Tandberg on Monday in an effort to overcome complaints from the Norwegian teleconferencing company’s shareholders that its initial offer was not enough.Cisco, the le...

Canon bid ‘significantly undervalues’ Océ

Canon’s €730m ($1.1bn) agreed bid for digital printing rival Océ was challenged on Wednesday when a large Océ shareholder said the offer “significantly undervalued” the Dutch company’s shares.Orbis Fu...

Cisco lifts offer for Tandberg to $3.4bn

Cisco Systems raised its offer for Tandberg on Monday in an effort to overcome complaints from the Norwegian teleconferencing company’s shareholders that its initial offer was not enough.Cisco, the le...

Ahold Results Beat Expectations

Dutch food retailer Royal Ahold NV beat forecasts Wednesday with a 22% rise in third-quarter net profit, boosted by lower taxes, and said it planned further cost cuts. Net profit in the three months t...

Philips cautious on economic recovery

Philips, the Dutch electronics, health and lighting group, said on Monday that it remained cautious about the economy as it unexpectedly reported a small profit, thanks to cost-cutting efforts that co...

Sara Lee to separate executive roles

Sara Lee, the US food and household goods group, has bowed to pressure from one of the world’s largest pension funds and agreed to separate the role of chairman and chief executive....

Telefónica to lift dividend by 22%

Telefónica on Friday promised to lift next year’s dividend by 22 per cent as Spain’s largest telecommunications group maintained its mid-range earnings guidance despite a sharp deterioration in the do...

HSBC sees pre-tax profits drop by half

Banking group HSBC has seen its pre-tax profits slump by 51 percent for the first six months of 2009, tumbling to $5 billion compared to $10.2 billion for the same period a year ago....

British Airways posts $245M quarterly loss

British Airways reported a pre-tax loss Friday of $245 million in the three months till the end of June, contributing to an already-tough year for the troubled airline....

Ericsson boss upbeat despite downturn

The head of Swedish-based telecommunications giant Ericsson says he believes the company is well placed to come through the economic crisis despite suffering a slump in profits....

'New' GM is born

Automaker closes deal with government. CEO Henderson: 'We'll work hard to repay the trust, and the money, that so many have invested in GM.'...

Citi shakes up management, new CFO

Also hires new banking chief before government gets 34% stake....

Google launches OS

Internet giant challenges the software maker's main business with its new operating system....

Europe jobs at risk as GM files for bankruptcy

The future of thousands of car industry jobs in Europe remained uncertain...

Sony ends year with first loss in 14 years

The Sony Corp. announced net losses of $1 billion for the fiscal year ending March 31, ending a year in the red for the first time in 14 years....

Panasonic posts $4 billion loss

Panasonic, one of the world's largest makers of electronic devices, announced it lost nearly $4 billion in the fiscal year ending March 31....

Adidas sees profits drop by 97%

Sportswear giant Adidas has reported a 97% fall in profits during the January to March quarter after sales were hit in the economic downturn....

Fiat in talks over GM Europe move

Italian carmaker Fiat has begun efforts to win support for its plan to take over General Motors' European business, which includes Vauxhall and Opel....

European economy 'will shrink 4%'

EU economies will contract by 4% in 2009, the European Commission has forecast - more than twice what it predicted at the start of the year....

Toshiba, Sony Ericsson slash jobs

Two major electronics companies announced thousands of job cuts Friday as the global economic downturn continues to hit the labor market....

GlaxoSmithKline buys Stiefel for $3.6 billion

GlaxoSmithKline (GSK) has agreed buy Stiefel Laboratories, the US skincare specialist, for $3.6 billion (£2.5 billion)....

Oracle in $7.4bn deal to buy Sun

Business software manufacturer Oracle has said it is to acquire computer hardware maker Sun Microsystems in a deal worth $7.4bn (£5.1bn)....

UniCredit Bank vyrostla

UniCredit Bank Czech Republic, čtvrtá největší banka v tuzemsku podle objemu aktiv, za loňský rok vytvořila čistý zisk 4,91 miliardy korun, což znamená meziroční růst o 67,4 procenta. Růstu čistého zi...

Pavlovský povýšil do vedení Intelu

Evžen Pavlovský, dosavadní obchodní ředitel společnosti Intel pro českou a slovenskou pobočku, se stal regionálním manažerem pro korporátní a veřejný sektor ve střední a východní Evropě. Ze své pozice...

IBM chce pohltit konkurenta Sun Microsystems

Americká počítačová společnosti IBM podle listu Wall Street Journal jedná o koupi svého konkurenta Sun Microsystems Inc za minimálně 6,5 miliardy dolarů, akcie Sunu na frankfurtské burze reagovaly o 6...

T-Mobile měl ve čtvrtém čtvrtletí 5,42 milionu zákazníků

V posledním čtvrtletí roku 2008 T-Mobile potvrdil svou vedoucí pozici v počtu zákazníků a zaznamenal růst některých důležitých finančních ukazatelů. Celkový počet zákazníků přesáhl 5,42 milionu, což p...

UPC zruší centrálu pro střední Evropu

Kabelová skupina UPC zruší na konci března svou centrálu pro region střední Evropy. Společnosti UPC v Česku, na Slovensku, v Polsku, Rumunsku, Maďarsku a Slovinsku budou podléhat přímo vedení mateřské...

News

Apple is the No. 1

Samsung had overtaken Apple in Q3, as customers waited for the iPhone 4S. AM ETAdd a comment.IDG New...

Eastman Kodak Files for Bankruptcy

Eastman Kodak, the 131-year-old film pioneer that has been struggling for years to adapt to an incre...

Yahoo’s Jerry Yang Resigns From Board

Yahoo announced on Tuesday that Jerry Yang, a co-founder and board member, had stepped   d...