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Oil steady around $73 amid worries over demand

PERTH (Reuters) – Oil was little changed on Monday, trading close to six-week lows amid concerns about global growth and sluggish oil demand.

[ More ] February 1st, 2010 | No Comments | Posted in Business |

JAL says still neutral on Delta or American tie-up

TOKYO (Reuters) – The new president of Japan Airlines Corp said the bankrupt carrier has not yet decided whether to stick with partner American Airlines or defect to Delta Air Lines and its SkyTeam group.

[ More ] February 1st, 2010 | No Comments | Posted in Business |
 

Citi plans sale of private equity unit: report

NEW YORK (Reuters) – Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported on Sunday, citing people familiar with the matter.

[ More ] February 1st, 2010 | No Comments | Posted in Business |

China faces price pressures as economy shows strength

BEIJING (Reuters) – China’s economy made a strong start to the year, according to a pair of business surveys released on Monday that also underlined the mounting challenge policymakers face to curb inflation.

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CA Strengthens European Management Team

LONDON, February 1 /PRNewswire/ –

– Senior Executive Appointments Support Drive for Further Growth of CA
Throughout the Region

CA (NASDAQ: CA), the world’s leading independent provider of IT
management software, is strengthening its Euro…

[ More ] February 1st, 2010 | No Comments | Posted in Business |

The Talanx Group Renews Core Policy Management Process With SAP(R) Software

WALLDORF and HANNOVER, Germany, Feb. 1 /PRNewswire-FirstCall/ — SAP AG (NYSE: SAP) today announced that the Talanx Group, the third-biggest insurance group in Germany will implement the SAP® Policy Management application to unify the property and…

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Toyota to announce pedal fix plan in U.S. on Monday

TOKYO (Reuters) – Toyota Motor Corp will announce on Monday details of its plan to fix accelerator pedals that have led to the recall of 2.4 million cars in the United States as it scrambles to put its worst public relations crisis behind it.

[ More ] February 1st, 2010 | No Comments | Posted in Business |

Notice to the Annual General Meeting of Nokia Corporation

ESPOO, Finland, February 1 /PRNewswire-FirstCall/ –

– Nokia Corporation (NYSE: NOK)

– Stock exchange release

Notice is given to the shareholders of Nokia Corporation (the “Company”)
to the Annual General Meeting to be held on Thursd…

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Asia shares fall to three-month lows

SINGAPORE (Reuters) – Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.

[ More ] February 1st, 2010 | No Comments | Posted in Business |

Sohu.com Reports Fourth Quarter and Fiscal Year 2009 Unaudited Financial Results

BEIJING, Feb. 1 /PRNewswire-Asia/ — Sohu.com Inc. (Nasdaq: SOHU), China’s
leading online media, communications, search, online games and mobile
value-added services group, today reported unaudited financial results for the
fourth quarter and fisca…

[ More ] February 1st, 2010 | No Comments | Posted in Business |