Greece passes key austerity vote

2011-06-29 22:34:02

Greece's parliament approved deeply unpopular austerity measures despite worsening violence on Wednesday.

GE extends Olympic sponsorship through 2020

2011-06-29 17:32:14

General Electric Co has extended its global Olympic sponsorship through 2020 in a deal worth hundreds of millions of dollars.

Google targets Facebook with new SNS

2011-06-29 15:34:48

Google Inc is making its boldest move to take on Facebook in the fast-growing social networking market and to maintain its dominance on the Web.

Campbell Soup to cut jobs, save money

2011-06-29 14:47:05

Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.

Microsoft rolls out Office in the cloud

2011-06-29 14:18:09

Microsoft Corp made its biggest move into the mobile, Internet-accessible world of "cloud" computing on Tuesday.

Google faces new $423m antitrust suit

2011-06-28 17:27:23

French search engine company 1PlusV said it is suing Google for 295 million euros ($417.7).

US urges economic reform by India

2011-06-28 11:03:26

US urged India to push ahead with reforms, particularly in the finance sector, to realize the "enormous potential" in economic ties.

Chinese tourism to Japan rebounds

2011-06-27 17:21:10

Japan will shorten its group visa approval process for Chinese travelers effective from July 1 in order to stimulate slumping tourism.

Thai conference economy gets a boost

2011-06-27 17:05:57

An impressive investment plan from Bangkok Land Plc will give a shot in the arm of Thailand’s conference and exhibition economy.

Facebook overtakes Microsoft in UK

2011-06-27 07:52:28

Facebook overtook Microsoft websites in Britain for the first time last month, becoming the UK's second-most popular after Google.

No Greece private sector deal for UK

2011-06-26 23:05:31

No specific proposals have been tabled for Britain's banks to get involved in any private sector deal regarding Greece's debt problems, the UK Treasury said on Sunday.

Deutsche's firing sparks probe

2011-06-24 17:17:01

In the fall of 2009, Deutsche Bank quietly fired one of its top derivative traders in London after a colleague in New York complained about finding "substantial trading anomalies" in a multibillion dollar portfolio of high-risk credit default swaps managed by the German-based bank, Reuters has learned.