Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
Investors
Merck & Co plans resumption of Zilmax sales in US, Canada- report
A Reuters report said Merck & Co would be bringing back Zilmax to the US and Canadian markets after completing its audit.
JPMorgan Chase & Co, US Justice Department face snag in USD 13 billion settlement- sources
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
US Department of Justice's FIRREA strategy may affect relationship with Wall Street
Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
Apple shares dive due to investor disappointment on quarterly sales - report
On Reuters Instant View, analysts gave their take on Apple's disappointing quarterly sales. In Apple Inc's recently released quarterly results, it was able to sell 33.
Latest News
A Reuters report said analysts did not see the US Federal Reserve making any dramatic policy changes any time soon.
Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.
Despite its planned investment in Peugeot Citroen, General Motors Co said its relationship with the Shanghai Automotive Industry Corp or SAIC remained strong.
CSC agreed to buy Ignition Partners-backed enterprise cloud management company ServiceMesh. Next-generation information technology services and solutions leader CSC, originally called Computer Sciences Corporation, said it had agreed to purchase ServiceMesh.
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.
NEWSCYCLE Solutions announced that it had bought the Atex AdBase advertising systems business from the Atex Group.
Twitter initial public offerings increased to USD26 per share by The Wall Street brokerage. On Friday, Morningstar united with three brokerages after setting price aim for Twitter Inc.
More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
