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Australian Foreign Minister Stephen Smith said today the trial, conviction and sentencing of Australian national Stern Hu to 10 years in prison could harm business relationships between the two countries. Smith said to reporters, “This was an opportunit...
Australia (Mar 29th, 10)
The battle between Oracle (Nasdaq:ORCL) and Rimini Street is heating up as Rimini has now filed a lawsuit against Oracle where they allege "copyright misuse, defamation, disparagement, trade libel and unfair competition under the California Business and Profes...
Legal (Mar 29th, 10)
With the acquisition of its largest bottler, Coca-Cola (NYSE:KO) has integration challenges for its North American operations, and has named Brian Kelley to head up the unit which will take on the task. Coca-Cola acquired Coca-Cola Enterprises Inc (NYSE:CCE),...
Business (Mar 29th, 10)
More fallout from the Galleon hedge fund insider trading case has come, as another former IBM (NYSE:IBM) executive Robert Moffat, has plead guilty to charges of securities fraud and conspiracy. There wasn't much wiggle-room here, as conversations by Moffat we...
Legal (Mar 29th, 10)
With the introduction of a new iPhone from Apple (Nasdaq:AAPL) which would work with a different technology now used by AT&T (NYSE:T) and others, it seems it signals the end of the current exclusive deal between the two companies. AT&T uses what is ca...
Technology (Mar 29th, 10)
Blackberry maker, Research In Motion (RIMM) is set to report earnings this Wednesday. Analysts are expecting revenue of $4.3 billion dollars and earnings of $1.28 per share. Particular attention will be paid to RIMM's forecast for the current year. Is RIM...
Stocks (Mar 28th, 10)
With a lot of uncertainty swirling around Telstra (ASX:TLS), chief executive officer David Thodey is making a number of moves to solidify the top ranks in order to deal with the perception the company is in turmoil. One of those moves is Big Pond head Justin ...
Australia (Mar 28th, 10)
Somehow the words Britain and space agency don't go together, and yet that's exactly what's going to happen next month when the first British space agency starts operations. This is obvious part of branding Britain and a point of national pride, but it is als...
United Kingdom (Mar 28th, 10)
A survey from American Express Canada found that about 38 percent of Canadian small businesses plan on hiring some time in 2010. When including all companies in Canada it drops to 15 percent, but that's better than then the last couple of years where contracti...
Canada (Mar 28th, 10)
With the residential cable market pretty much matured in the United States, cable companies like Comcast Corp (Nasdaq:CMCSA) and Time Warner Cable Inc (NYSE:TWC) have been desperately seeking new sectors they could find to expand their businesses, and seem to ...
Telecommunications (Mar 28th, 10)
The recalls of Toyota vehicles has hit the company hard, and that pain has extended to countries where it has significant production capabilities in, the latest being Britain and France, where they have closed down for 9 days because of slowing sales. Product...
Transport (Mar 27th, 10)
When Google (NASDAQ:GOOG) decided to leave China, don't think it wasn't a calculated strategy to curry favor among the media and others. It was all of that and probably more. The problem for Google is it may have backfired for them, and now they are out of the...
Business (Mar 27th, 10)
Research In Motion (NASDAQ:RIMM) has acquired Viigo, a mobile software developer who's software delivers syndicated content to mobile phones. This is according to a small communication on the Web site of Viigo. Users of Viigo simply open up their software cli...
Business (Mar 27th, 10)
Some reports have the Apple iPad (Nasdaq:AAPL) edition of the Wall Street Journal being offered at $17.99 a month, which has generated a lot feedback from bloggers who say that the price is too high, no matter how good the content and quality is offered. The ...
Business (Mar 27th, 10)
Investment in U.K. business took a plunge in the fourth quarter, dropping to its lowest level in close to a decade. What this says of course is the outlook for the British economy is considered good by businesses, and the recession is far from over. The conti...
United Kingdom (Mar 26th, 10)
Bank of America (NYSE:BAC) warrants auctioned off by the government for $2.55 each in relationship to the bailout, have surged by 33 percent over the first three weeks they've been trading, making investors very happy. The Group B warrants added another 12 ce...
Banking (Mar 26th, 10)
SunTrust Banks (NYSE:STI) has some of its ratings downgraded by Fitch Ratings based on commercial real estate loans, mortgages and home equity loans they still hold. Citing the mortgage, home equity and commercial real estate portfolios held by SunTrust Banks...
Banking (Mar 26th, 10)
Many investors and shareholders in Citigroup (NYSE:C) have been concerned over how the Treasury Department was going to divest its 27 percent stake in the company. To ease those worries the Treasury is exploring the idea of selling their shares on a regular sc...
Banking (Mar 26th, 10)
Hewlett-Packard (NYSE:HPQ) announced today it has chosen Peter Galanis as the new chief executive office and president of HP Canada. In a press release, Hewlett-Packard said about appointing Galanis: "Galanis previously served as director of global accounts ...
Canada (Mar 25th, 10)
A number of banks, including Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC) had sought dismissal of a lawsuit against them which claims municipal derivatives they were working with were attempted to be rigged by them in the bidding process. This lawsuit ...
Legal (Mar 25th, 10)
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