SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
Sectors
Reliance Industries Ltd and ONGC signs MoU for infrastructure sharing
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Tourre testifies in civil fraud case; denies any wrongdoing
Fabrice Tourre, former Goldman Sachs junior executive, contested the charges against him when he took the stand on Wednesday.
Billionaire Evtushenkov considers takeover targets for overseas expansion
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
Politics may impact on Chevron’s US $1.24 bln energy deal with Argentina
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
Latest News
A source revealed that Publicis and Omnicom are in late-stage talks about a merger of equals. Two of the world's largest advertising firms are said to be in private talks about a possible merger.
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
Facebook's CEO Mark Zuckerberg increased his net worth after the company's stocks jumped yesterday.
Zynga planned to abandon real-money gaming, which upset investors. Zynga planned to abandon its plans for real-money gaming in the US. Gambling with real money is illegal in the country.
According to analysts, venture capitalists must add LinkedIn stocks to their portfolios and benefit from one of the internet's great opportunities.
To expand the country's mobile phone infrastructure, Ethiopia signed a US$1.6 billion deal with two Chinese firms.
Huawei announced that its revenue growth increased for this year. Chinese information and communications technology solutions provider Huawei Technologies Co.
During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.
Microsoft would use solar power and white space for the cheapest broadband in South Africa.
Microsoft South Africa would finance a new trial that would provide internet connectivity.
