Bloomberg LP said that it would appoint an ombudsman that would create a task force how news was derived from sources by each company journalist.
Sectors
Amgen nearing acquisition of Onyx for USD125 a share
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
Senior Executive Sudhir Chaturvedi exits Infosys
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
RBI to scrutinize pending foreign deals
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
US labor and factory data show economic stability
The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.
Latest News
Hinduja co-chairmen Gopichand and Srichand Hinduja had issued a laudatory statement to the Finance Minister's reassurances.
Tata Steel had purchased expensive equipment to lower black dust emanation from its plants. Tata Steel. the Indian steel conglomerate, had invested GBP800,000 in new machinery able to reduce the black dust particles produced from its Wales located facility.
US District Judge George B. Daniels dismissed the suit filed by Teamsters Local 282 Pension Trust Fund against the credit ratings agency Moody's.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier. Alitalia is in discussion with Etihad Airways, resulting in the Abu Dhabi based airline purchasing a stake in the floundering Italian aircarrier.
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Microsoft CEO Steven Ballmer announced leaving the company within 12 months which also left the software maker in woes to find a replacement.
Atlas Elektronik and Rheinmetall Defence Electronics were raided by German authorities in relation to bribery accusations on a submarine equipment order.
Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.
Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.
