Tata Motors to bag Jaguar, Land Rover by early March
Tata Motors is set to take over Ford Motor Co's British luxury brands, Jaguar and Land Rover, in early March, following successful conclusion of talks with the automaker's labor union in UK, Unite.
Security Threat within Apple's Mac OS X Revealed
Apple's Mac OS X is built on top of a foundation that pose security vulnerabilities, according to a new research report.
Microsoft to Pay for Patent Infringement
A federal court ruled on Tuesday that Microsoft must pay a Guatemalan investor for infringing his software in its Office Suite.
Pakistan Unblocks YouTube
Pakistan lifted a ban on the YouTube video-sharing Web site on Tuesday saying that the video that was offensive to Islam had been removed.
Copper Futures Recover gains on Commodities Rally
Copper futures recovered on Tuesday rising along with commodities and boosted by a decline on inventories.
Deputy BoE governor gives 2008 outlook
Rachel Lomax, deputy governor of the Bank of England has said that the economic outlook for 2008 has changed dramatically and that there was still uncertainty resulting from last year's credit crunch.
First Great Western to invest £29 mln in service improvements
First Great Western (FGW), a subsidiary of FirstGroup Plc, has said that it had agreed a package of passenger benefits to address poor performance in relation to cancellations of train services and the contravention of the Franchise Agreement.
Gold, Silver Rebound on Weak Dollar and Oil Rise
Gold edged higher on Tuesday, continuing its rally as crude oil prices rose, the U.S. dollar weakened and a report showed rising U.S. producer prices.
Huge Power Blackout Strikes Florida
Many parts of southern Florida were blacked out on Tuesday afternoon, leaving two to three million residents without electricity.
Microsoft to Roll Out Internet Explorer 8 Beta
Microsoft plans to launch a special test version of its latest Internet Explorer web browser, the company said Tuesday, boasting new features and better support for widely held Internet standards.
Apple Freshens Up Lineups for MacBook, MacBook Pro
Apple refreshed its MacBook and MacBook pro lineups on Tuesday, equipping the units with faster processors, bigger hard drives and a new multi-touch trackpad.
FTSE finishes up on banks and insurers
The FTSE 100 index finished 87.9 points up on Tuesday at 6,087.4. The rise is almost a two per cent increase on the previous session and took the index above 6,000.
'Quarterlife' Moves from Online to Prime Time
Quarterlife began at ABC, moved to the Internet, and now will air on NBC with its first episode to premier tonight, making it the first prime-time drama pulled from the Web to TV.
FX Summary - Feb 26
Traders sold the greenback after key economic data reinforced the current dilemma facing the US Federal Reserve. The dollar slipped past the 1.49-level against the euro and relinquished the 0.93-mark versus the Aussie. Persistent
U.S. Crude Oil Rises Above $100 on Signs of Inflation, OPEC Supplies
U.S. crude oil futures climbed above $100 a barrel on Tuesday, approaching a recent record high of $101.32 reached last February 20, the highest since trading began 25 years ago.
Treasuries Rise on Downbeat Economic Data
U.S. treasuries rose on Tuesday as investors fled to the safe-haven investments following the release of downbeat data about the U.S. economy.
Apple Second to Wal-Mart in Online Music Sales
Apple Inc's iTunes media store emerged the second most popular music retailer in the United States behind Wal-Mart Stores.
Cocoa, Sugar Post Record Gains as Coffee Declines
Cocoa posted record gains on Tuesday in London amid concerns that Ivory Coast supplies were declining and that the bean quality will deteriorate.
Natural Gas Unchanged on Concerns of a Decline in Supplies
Natural gas remained stable on Tuesday, above $9 per million thermal units on concern that supplies will decline as cold weather moves into the regions of highest consumption.
Dollar declines on Confidence, Inflation Reports
The dollar fell on Tuesday, approaching a record low versus the euro after economic data painted the U.S. economy in a negative light.
MySpaceTV's Debuts 'Hidden Camera' Reality Show
MySpaceTV, the video platform run by the popular social network, announced Tuesday the launch of Special Delivery, a new unscripted, hidden-camera reality show.
Sony to own one-third of Sharp's $3.5 billin LCD plant
Sony Corp said it would take a one-third stake in Sharp Corp's $3.5 billion LCD panel plant set for completion by March 2010, in an effort to meet fast-growing demand for flat televisions.
Gold, Silver Futures Rise in NY
Gold and silver futures rose after a report showed U.S. producer prices rose more than expected last month, increasing the appeal of the precious metals as a hedge against inflation.
U.S. Stocks Drop on Rising Producer Prices; Google Tumbles
Wall Street dropped for the first time in three days after producer prices rose more than expected and Google shares fell after data showed that the number web users clicking on ads, have decreased.
Treasury meets Abu Dhabi, Singapore funds: report
Treasury officials have met executives from two of the world's largest sovereign wealth funds to discuss embracing a set of promises not to use their wealth for political advantage, the Wall Street Journal reported on Tuesday.
MBIA moves to help stability in credit markets
MBIA Inc, the world's largest bond insurer, said it will stop guaranteeing asset-backed securities for six months and plans to split that business from its municipal bond unit, moves aimed at restoring stability in troubled credit markets.
BSE Sensex up 1.7 percent as Reliance stock surges
India's prime stock index, the BSE (Bombay Stock Exchange) Sensex, climbed 1.7 percent or 301.50 points, Monday, to 17,650.57, with 26 components rising, riding on the wave of renewed confidence of investors who are looking forward to a positive budget being announcement by the Central Government.
India's Wipro eyes Japan acquisitions and alliances
India's No.3 software services exporter Wipro Ltd said on Tuesday it aimed to tie up with Japanese firms and may consider M&A, highlighting Indian software firms' growing desire to get into the Japanese market.
Japan Stocks Declined amid U.S. Economic Concern
Japan Stocks declined Tuesday in Tokyo as investors fears both of the U.S. and domestic economy.
Now's not the time to trim marketing budgets
It's tempting to cut back on marketing but experts say smaller companies need it to stand out from the crowd.