LONDON

PMI: Downward Revisions To April Euro Zone Manufacturing, Services

Fiat is closing its headquarters for eight days this summer to save money.
Output for the eurozone manufacturing and services sectors shrank in April more than initially reported, according to Purchasing Managers Index (PMI) data released Friday by Markit, the London firm that publishes a monthly independent surveys that gauges economic activity worldwide. Business conditions deteriorated at a faster rate towards the end of the month, said Chris Williamson, chief economist at Markit, explaining the downward revision from preliminary estimates released April 23....
Samsung Galaxy S3

Samsung Galaxy S3 Released; Coming To Sprint: Sources

During the launch event, Samsung announced all the key features and improvements that could offer its flagship Galaxy S3 smartphone a competitive edge over the rivals. However, the manufacturer didn't reveal the U.S. carriers that would offer the device. A latest report said Sprint will launch the highly anticipated handset later this year.
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Louboutin

Shoe Designer Louboutin Defends Right to Red Soles

French shoe designer Christian Louboutin, famed for his glossy red-soled shoes, defended his decision to go to court with fashion label Yves Saint Laurent (YSL) and its parent company PPR to protect his trademark look on Monday.
Rupert Murdoch

Murdoch Unfit To Run Company: U.K. Lawmakers

Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.
Marouane Chamakh

Arsenal Transfer Rumor: Gunners To Let Flop Hitman Go?

If the latest reports are to be believed, North London-based Premiership side Arsenal are ready to let their flop Moroccan striker Marouane Chamakh go after the player failed to make any impact on the team's premiership campaign this season.

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