Friday, May 24th, 2013

Latest News

Dell to report earnings 5 days early, on May 16

SAN FRANCISCO (Reuters) - Dell Inc , mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday...
May 15, 2013, 4:25 am
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Dell's Q1 earnings to come in below expectations -WSJ

SAN FRANCISCO (Reuters) - Dell Inc will report on Thursday fiscal first-quarter earnings below expectations, the Wall Street Journal cited a person briefed on the company's results as saying.
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May 15, 2013, 4:12 am

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U.S. attorney general says he didn't make AP phone records decision

By David Ingram and Tabassum Zakaria
WASHINGTON (Reuters) - U.S. Attorney General Eric Holder said on Tuesday he did not make the controversial decision to secretly seize telephone reco...
May 15, 2013, 4:12 am

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U.S. justices play Shakespeare tragedy for laughs

By Lawrence Hurley
WASHINGTON (Reuters) - U.S. Supreme Court justices on Monday evening sought laughs rather than legal clarity as they weighed a tragic case concerning a despotic Roman...
May 15, 2013, 4:11 am
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Former Credit Suisse executive to earn $45 million stock bonus in new role

By Rod Morrison
May 14 (PFI) - The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about $45 (29.53 pounds)m in today's terms from his new e...
May 15, 2013, 4:09 am
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Hazard to miss Europa League final - Benitez

AMSTERDAM (AFP) - Chelsea's preparations for the Europa League final against Benfica were dealt a blow on Tuesday when manager Rafael Benitez revealed that Belgian forward Eden Hazard will miss the game with a hamstring injury.
May 15, 2013, 4:07 am
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Cost to be big factor in 'talking' cars acceptance: U.S. transport chief

By Ben Klayman
ANN ARBOR, Michigan (Reuters) - Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems...
May 15, 2013, 3:51 am

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Prosecutor urges 4-year sentence for faulty breast implants

MARSEILLE (AFP) - A French prosecutor on Tuesday called for the founder of a firm whose faulty breast implants sparked a global health scare to be given a four-year prison sentence on fraud charges.
May 15, 2013, 3:45 am

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Fitch raises Greek credit rating to 'B-'

PARIS (AFP) - Fitch Ratings raised Greece's long-term credit rating by one notch to 'B-' on Tuesday, removing it from being at risk of default, citing progress in balancing the country's finances and improving its trade competitiveness.
May 15, 2013, 3:25 am

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Android, Samsung extend smartphone lead: survey

WASHINGTON (AFP) - Google's Android mobile operating system grabbed three out of four smartphones sold in the world in the first quarter of 2013, extending its gains over Apple and its iPhone, a survey showed Tuesday.
May 15, 2013, 3:24 am

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HSBC says may sell Monaco private banking business

LONDON (Reuters) - Europe's largest bank HSBC said it may sell its private banking business in Monaco as part of an ongoing strategic review.
It had received "unsolicited...
May 15, 2013, 3:24 am

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Pakistan's Sharif tells Khan 'we should work together'

LAHORE, Pakistan (AFP) - Pakistan's incoming prime minister Nawaz Sharif Tuesday pledged to work with his rival Imran Khan for the good of the country as he visited the cricketer-turned-politician in hospital.
May 15, 2013, 3:22 am

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BoE says Bloomberg data use 'reprehensible'

LONDON (Reuters) - The Bank of England said on Tuesday it was "reprehensible" for Bloomberg News to allow journalists to see data on how clients used its financial information terminals, saying confid...
May 15, 2013, 3:11 am

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No frills BlackBerry to sell in emerging markets

OTTAWA (AFP) - BlackBerry unveiled a new low-cost smartphone on Tuesday that it intends to sell in emerging markets and elsewhere starting mid-year.
May 15, 2013, 3:09 am

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Police say no sign of struggle at US scientist's apartment

SINGAPORE (AFP) - Singapore police officers who inspected the apartment where a US high-tech researcher was found hanged last year told an inquiry on Tuesday that they saw no signs of a struggle.
May 15, 2013, 2:51 am

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Spain feeds eager market with government and corporate debt

By Paul Day and John Geddie
MADRID/LONDON, May 14 (Reuters/IFR) - Spain's government and some of its top firms tapped into rising interest among domestic and foreign investors for bonds...
May 15, 2013, 2:50 am

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Exclusive - EU to warn China it may levy duties against Huawei - sources

By Ethan Bilby
BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE C...
May 15, 2013, 2:30 am

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Exclusive: EU threatens trade duties against China's Huawei, ZTE - sources

By Ethan Bilby
BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei Techno...
May 15, 2013, 2:26 am

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Egypt's Orascom Telecom says it rejects Altimo's buyout offer

CAIRO (Reuters) - Egyptian group Orascom Telecom Holding's management has recommended shareholders reject an offer by a subsidiary of Russian billionaire Mikhail Fridman's Altimo to buy the company fo...
May 15, 2013, 2:24 am
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Oil market in shale supply 'shock', IEA says

PARIS (AFP) - Booming oil production in North America driven by the shale energy revolution has created a global "supply shock" that is reshaping the industry, the International Energy Agency said on Tuesday.
May 15, 2013, 2:16 am

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