Snowden will not be joining VKontakte- founder

Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.


Two Brazilian banks reducing risk with Grupo EBX developments

The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.

Microsoft-Apple consortium case against Android manufacturers threatens Google existence

A group of technology companies including Microsoft and Apple claimed Google had infringed one of their patents it had obtained by bankrupt mobile company Nortel.

India-Pakistan LNG delivery agreement still to be forged

Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.


Latest News

An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
Odisha Industries Federation Vice Chairman for the South Zone Rajendra Kumar Mishra filed memoranda with government to intervene and grant tax holidays and moratorium on bank payments.
The Labor Department of the US released data indicating that consumer prices had slightly rose, but did not affect inflation in the US.
Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.
Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
Analysts who were quoted at Reuters anticipated the effects stemming from the US Federal Reserve's moves after the government shutdown.
A lawsuit was filed by LightSquared against manufacturers of its GPS equipment for broken promises as to the capacity of the machines.
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.