Cisco has announced a $3bn cash offer for Tandberg, the Norwegian videoconferencing company in a move that throws down a further challenge to Microsoft
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The People’s Republic of China celebrated its 60th birthday on Thursday with a spectacular military and civilian parade through the centre of the deserted capital Beijing
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Fatigue, distraction of media and regulatory grilling lead Bank of America CEO to call it quits.
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These American moguls could buy some of the world’s economies.
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General Electric has sounded out Comcast, the US cable operator, over the sale of at least part of NBC Universal if Vivendi decides to divest its 20 per cent holding in the television and movies group that it controls
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Ken Lewis, the embattled chief executive of Bank of America, will step down at the end of the year, putting an end to a turbulent eight-year tenure
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The U.S. has been postponing the inevitable deflationary consequences of popped bubbles. But, hey, you can still make money!
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Officials warned that the death toll from the 7.6-magnitude tremor and its aftershocks – along the same faultline that yielded the earthquake that set off the 2004 Indian Ocean tsunami – was likely to rise sharply
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The recession has taken its toll on the nation’s super rich, whose collective net worth fell for only the fifth time in 28 years, according to a survey released Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/quL_6fWaHBs” height=”1″ width=”1″/
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Has the REIT rally gotten ahead of itself?
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Some of the best investors of all time would still stay away from builders, but they’d find a lot to love about construction stocks.
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Bank of America CEO to step down at end of year after taking a whipping over Merrill acquisition.
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/C4hiAc0RdCc” height=”1″ width=”1″/
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The World Bank group is set to launch a $5.5bn initiative to raise funds to buy distressed assets from banks in emerging and developing markets in a bid to clean up their balance sheets and free up credit flows
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The US intends to take a flexible approach to interpreting global guidelines on bankers’ bonuses, a move likely to frustrate European nations that want clearly defined standards to be applied globally
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Corruption investigators plan to press criminal charges over BAE Systems’ arms deals if last-ditch efforts to force the company to accept an agreed guilty plea fail, the Financial Times has learnt
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The economy may still be ailing, but the credit markets look healed.
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A government effort to get badly needed cash into the hands of struggling small business owners is slowly gaining momentum, but entrepreneurs seeking the scarce loans are still in for a frustrating ride.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/N_QuRtf9348″ height=”1″ width=”1″/
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Ken Lewis, the beleaguered CEO of Bank of America, announced Wednesday that he will retire at year’s end.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/HAu5AY50C9Q” height=”1″ width=”1″/
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After a year-long spending freeze, the CEO of Best Buy says Americans are loosening their purse strings again — but he’s not betting that the shop-’til-you-drop mentality will make a comeback for this year’s holiday shopping season.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/LZWEcKB9KxQ” height=”1″ width=”1″/
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/bkN_H7FQwXQ” height=”1″ width=”1″/
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Penske Automotive Group, the listed dealership chain, walked away from a deal to acquire GM’s Saturn unit in a decision that spells the end for the brand and threatens thousands of jobs
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America’s richest get poorer for the fifth time in 27 years.
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Wall Street’s job woes don’t appear to be over just yet.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/mk3UYC_jQ_0″ height=”1″ width=”1″/
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It’s late afternoon, and chef Barbara Lynch has been at her new restaurant and cafe, Sportello, all day: hand-rolling pasta, refining menus and, now, fueling up on coffee for the long evening ahead.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/l-8dYwUPwOg” height=”1″ width=”1″/
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