News Corp says looking at spinout or sale of MySpace
News Corp is exploring strategic options for its MySpace Web site including a sale or a spinout, the company said on Wednesday, a day after the former social networking high-flyer slashed nearly half of its staff.
Infosys Q3 net profit up 2.5% at Rs 1780 cr
India's second largest IT services exporter and IT bellwether Infosys Technologies has announced its results for the quarter ended December 2010 (Q3FY11). The company has reported consolidated net profit at Rs 1,780 crore as against Rs 1,737 crore in previous quarter, a growth of 2.48% (based on IFRS).
Blackpool beat Liverpool to complete shock league double
New manager Kenny Dalglish was again unable to deliver the Midas touch as Blackpool beat Liverpool 2-1 at Bloomfield Road on Wednesday to complete a remarkable Premier League double over the 18-times champions.
Seth Rogen, Jay Chou dish on new 'Green Hornet'
Comedian Seth Rogen, whose movies include "Knocked Up" and "Superbad," stars in new 3D, action comedy "The Green Hornet," based on characters that appeared in a 1930s radio serial, a 1960s TV show and a comic book series.
Banks lead Wall St up, appetite for equities rises
US stocks ended solidly higher on Wednesday after European debt fears eased and sparked a broad advance, led by banks and commodity-related shares.
Nikkei likely to rise as eurozone fears ease
Japan's Nikkei share average is expected to gain on Thursday, after hitting an eight-month intraday high the day before, following gains in US stocks and as a successful bond auction in Portugal eased fears about the eurozone's debt crisis.
Sensex to be flat in 2011: Nandan Chakraborty
Any earnings disappointment may trigger sharp correction: BNP Paribas
SBI looks positive: Astromoneyguru
Today banking, metal and pharma stocks are looking attractive for short term trading, says Ajay Jain of astromoneyguru.
Sugar, bank stocks to outperform: Astrostocktips
Sugar and banking sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
News Roundup: Lemon Tree, Warburg Close To Housing JV
Patu Keswani, promoter of Lemon Tree chain of hotels, is in final stage talks with global private equity investor Warburg Pincus to float a joint venture for his affordable housing project.
John Travolta and wife show off new baby
Actors John Travolta and wife Kelly Preston, whose eldest son died tragically at age 16, proudly show off their new baby son on the cover of People on newsstands this week.
US public strongly opposes debt level increase
The US public overwhelmingly opposes raising the country's debt limit even though failure to do so could hurt America's international standing and push up borrowing costs, according to a Reuters/Ipsos poll released on Wednesday.
Fed sees somewhat brighter outlook for US jobs
The battered US labor market may finally be looking up, according to a report from the Federal Reserve that found modestly better job conditions across the country.
US SEC to unveil studies on brokers, advisers
US securities regulators are preparing to release two key studies this month that could lead to major changes in how investment advisers and brokers who offer advice to retail customers are regulated.
Chrysler's focus is to raise new financing: CEO
US securities regulators are preparing to release two key studies this month that could lead to major changes in how investment advisers and brokers who offer advice to retail customers are regulated.
Delphi pieces in place to do an IPO, up to owners: CEO
Privately owned Delphi Automotive LLP has the main management pieces in place to launch an IPO, but how and when is up to its private equity owners, the part's maker's CEO said on Wednesday.
World Bank: Rich nations' growth lags need for jobs
Economic growth in the world's wealthier nations is still too slow to create enough jobs for the tens of millions who lost theirs during the worst global recession since World War Two, the World Bank said on Wednesday.
News Corp says looking at spinout or sale of MySpace
News Corp says looking at spinout or sale of MySpace
South Korea central bank unexpectedly lifts interest rate
South Korea's central bank surprised markets on Thursday by raising interest rates to contain inflationary pressures, as record food prices and volatile commodities prices threaten an escalation in inflation.
Wikipedia 10 years old, targets India
With China virtually cut off and Western markets maturing, Wikipedia is targeting India first and possibly Brazil next to reach its goal of 1 billion users, Executive Director Sue Gardner says.
Toyota comeback in US could trigger share rebound
The public isn't cutting Toyota Motor much slack, but the world's top automaker is looking to shake off the recall crisis and at least match the growth in its key US market this year in what could bode well for its lusterless shares.
Banks to meet on AIG, recap to close this week
Banks will meet in New York City on Thursday to make their case for the right to sell the US Treasury's stake in American International Group, three people familiar with the matter said on Wednesday.
Euro zone working on package to solve crisis: Germany
Euro zone countries are working on a "comprehensive package" to solve the bloc's debt crisis which could be agreed by February or March, German Finance Minister Wolfgang Schaeuble said on Wednesday.
Ronanldinho promises success as Flamengo celebrates
Ronaldinho was given a welcome even bigger than Brazil great Zico when he was officially unveiled as Flamengo's new signing to a samba beat on Wednesday.
