IT firms' Q1 revenue may slide on rupee appreciation: Analysts The Times Of India | Text: NEW DELHI: Revenues of major IT firms are expected to be hit by up to 7 per cent in rupee terms in the April-June period as appreciation in the Indian currency against the dollar during the quarter would impact negatively the margins comp...
GSK takes on generics by paying $23m for new unit Business Report | By Trista Kelley London | GlaxoSmithKline (GSK) had expanded into generic drugs by paying $23.2 million (R180m) for a Bristol-Myers Squibb division in the Middle East and north Africa, the UK-based drug maker said yesterday. | The unit had 13 branded generic remedies with sales worth $11.8m last y...
IT firms' Q1 revenue may slide on rupee appreciation: Analysts The Times Of India | Text: NEW DELHI: Revenues of major IT firms are expected to be hit by up to 7 per cent in rupee terms in the April-June period as appreciation in the Indian currency against the dollar during th...
Additional charge for finance secretary The News International Govt violates FBR Act: former chairman | Sunday, July 05, 2009 | By Mehtab Haider | ISLAMABAD: The government has violated the FBR Act by giving additional charge of Secretary Revenue Division to Secretary Finance Salman Siddiq, which will affect the...
HK lawmakers discuss Disney expansion plan The Tribune San Luis Obispo | Hong Kong lawmakers said Saturday they would be unwilling to approve a plan to expand the city's Disneyland unless the government and Walt Disney Co. tell them how the theme park has performed since it opened in 2005. | Walt Disney and Hong Kong la...
North Korea Fires 7 Missiles Off East Coast CNBC North Korea fired seven ballistic missiles off its eastern coast Saturday, South Korea said, a violation of U.N. resolutions and an apparent message of defiance to the United States on its Independence Day. | The launches, which came two days after N...
Malaysia makes bold changes in race-based policies The Tribune San Luis Obispo | The economic downturn is allowing Malaysia's leader to chip away at an affirmative action program for Malay Muslims that has been considered virtually untouchable in the past. | Soon after taking office in April, Prime Minister Najib Razak scrapped...
North Korea Fires Short Range Missiles: Reports CNBC North Korea test-fired two Scud-type missiles on Saturday, South Korea's Yonhap news agency said citing a government official, further stoking regional tensions after the North's nuclear tests and threats to boost its nuclear arsenal in response to U...
AP / Paul Sakuma
Parmeet Ahuja to head Agilent in India The Times Of India | Text: NEW DELHI: Agilent Technologies, Inc, the world’s premier measurement company and a technology leader in communicati...
Oil holds above $69 ahead of US jobs report The Press Democrat | Benchmark crude for August delivery fell 14 cents to $69.17 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Tuesday, it fell 58 ce...
China Investment buying stake in Teck Resources The Tribune San Luis Obispo | Mining company Teck Resources Ltd. says it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load. | The Vancouver-based company said Friday that CIC, the world's la...
China Investment to buy $1.5B stake in mining giant Teck Resources Hartford Courant VANCOUVER, British Columbia (AP) — Mining company Teck Resources Ltd. says it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load. | The Vancouver-based compa...
Major nations should back dollar as key currency: Japan The Times Of India | Text: TOKYO: Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit ne...
In apparent first, North Korea airs beer commercial on state TV Hartford Courant SEOUL, South Korea (AP) — In an apparent first, North Korea — a country that struggles to feed its 24 million people — has aired a beer commercial on state television. | The advertisement, which lasted nearly three minutes after a n...
BSP ready to act to counter downturn Inquirer | MANILA, Philippines — Governor Amando Tetangco Jr. said the Bangko Sentral ng Pilipinas was willing to implement other measures, besides slashing its key policy rates, to help spur business activities and counter the economic downturn. | 'The BSP remains open to all possible options that it can use to help address the slowdown in economic activit...
China won't press for new global currency at G8 China Daily | BEIJING: China has no plans to raise its proposal for a new global currency to replace the dollar at the G8 meeting this week but is willing to discuss it, a top Chinese diplomat said, as President Hu Jintao left Sunday for Italy. | China is not one of the Group of Eight major economies but is attending the meeting in the Italian city of L'Aquila...
