Munjals to buy Honda stake in JV The Times Of India NEW DELHI: A series of offmarket transactions will see Japanese auto major Honda exit its 25-year-old joint venture with the Munjals in Hero Honda with the entire deal likely to be wrapped up in the next six months. The deal, which will be executed in two phases, will see the Munjal family - led by ...
Let panel choose my successor, says Ratan Tata The Hindu | Shonali Muthalaly | Ratan Tata | CAPE TOWN: "I'm looking forward to the freedom to do the things I've always wanted to do. I don't want to leave the company in a wheelchair, or in a box," said Ratan Tata, Chairman of the $71-billion Tata Group. | At an impromptu press conference in the business lo...
Ex-bank manager, recruiter charged in Boston loan case The Boston Globe | A former branch manager and a Virginia-based real estate recruiter were charged with wire fraud in federal court in an unfolding case of an alleged long-running mortgage fraud scheme that led to foreclosures and abandoned buildings in Dorchester an...
Finding funds for historic fixer-upper The Boston Globe | The organization that runs the Paul Revere House is trying to raise $4 million in its first-ever capital campaign to expand the historic North End site. | The nonprofit Paul Revere Memorial Association, which operates the home of the Revolutionary ...
Slowly, US firms add workers The Boston Globe | US businesses added more jobs in the past three months than originally estimated, calming fears of a double-dip recession. Yet the pace of growth signaled that the wheels of the economic recovery were still spinning in place. | The private sector a...
Jobs, pay cut at Suffolk Downs track The Boston Globe | Suffolk Downs this week laid off 65 employees and cut pay for dozens of others as the track continues to struggle with low public interest in horse racing and the failure of the state Legislature to pass a casino gambling bill. | The owners of Suff...
AP / Mary Altaffer
US stocks soar after employment data The Daily Telegraph Australia | US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track. | The Dow Jones Industrial Average jumped...
Meeting to Examine Turmoil in Wheat Markets Scoop Saturday, 4 September 2010, 10:01 am | Press Release: United Nations | UN Agency Convenes Special Meeting to Examine Turmoil in Wheat Markets | New York, Sep 3 2010 5:10PM The Unit...
Russia's grain-export ban extension not a crisis - FAO Daily Star Lebanon | Saturday, September 04, 2010 | - Powered by | --> | Svetlana Kovalyova | Reuters | MILAN: Russia’s plan to extend its grain-export ban destabilizes markets but does not bri...
'Me-too' tablets set their sights on the iPad The Boston Globe | FRANKFURT - Samsung Electronics Co. and unveiled tablet computers in Berlin yesterday, aiming to take market share from Apple Inc.'s iPad with their lower-priced "me-too'' devices. | Toshiba said at the consumer electronics fair IFA that the recomm...
Private job growth eases recession fears The Boston Globe | Stocks continued their upward trajectory as better-than-estimated growth in private payrolls eased concern the economy is sliding back into recession. and Caterpillar advanced as private payrolls climbed 67,000 last month. H&R Block surged after it...
SeaChange sinks on disappointing results The Boston Globe | A disappointing earnings report and forecast sent shares sharply lower yesterday. Acton-based SeaChange, which provides video-on-demand technology for cable, telecom, and broadcast TV, earned $3.5 million, or 11 cents per share, for the three month...
US stocks soar after employment data The Daily Telegraph Australia | US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track. | The Dow Jones Industrial Average jumped 128.36 points (1.24 per cent) to 10,448.46 at the closing bell, extending gains since Monday on mostly positive economic data. | The broader S&P 500 index gained 14.38 p...
Wall St set for bumper week as economy fears ease The Times Of India NEW YORK: Wall Street was set to close out its best week in six on Friday after recent economic data, including a stronger-than-expected jobs report, showed the US economy may be in better shape than thought. | The risk aversion of the summer months, which had pressured stocks, showed signs of lessening. The S&P 500 has gained almost 5 per cent in ...