Monthly Archives:  June 2012

  • European Stocks Climb on China Stimulus Optimism

    Full Story | 27th June 2012
    European stocks rose, snapping four days of losses, amid speculation China will introduce additional economic stimulus. U.S. index futures were little changed and Asian shares gained. Roche Holding AG increased 0.6 percent after deciding to .
  • Google Said to Unveil Tablet at I/O

    Full Story | 27th June 2012
    Google Inc. plans to unveil a $199 tablet co-branded with Taiwan’s Asustek Computer Inc. at its developers conference this week, taking direct aim at Apple Inc. ’s iPad, according to two people familiar with the .
  • European Stocks Climb on China Stimulus Optimism

    Full Story | 27th June 2012
    European stocks rose, snapping four days of losses, amid speculation China will introduce additional economic stimulus. U.S. index futures were little changed and Asian shares gained. Roche Holding AG increased 0.6 percent after deciding to .
  • Microsoft Agrees to Acquire Yammer for $1.2 Bln in Cash

    Full Story | 26th June 2012
    Microsoft Corp. agreed to buy corporate social-network operator Yammer Inc. for $1.2 billion in cash to help it woo businesses with Facebook-like tools that help employees collaborate in the workplace.San Francisco-based Yammer will become part .
  • Chesapeake’s Archie Dunham to Steer CEO to Divest

    Full Story | 25th June 2012
    Chesapeake Energy Corp. Chairman Archie Dunham’s biggest challenge may be keeping Chief Executive Officer Aubrey McClendon focused on selling $7.4 billion of assets this year to plug a widening cash-flow shortfall. Dunham, who replaced McClendon .
  • RIM Considers Splitting Business in Two: Report

    Full Story | 25th June 2012
    BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.RIM, which last month hired JP Morgan and RBC Capital .
  • Apple to Feature Yelp Check-Ins within iPhone Maps App

    Full Story | 25th June 2012
    Apple Inc. ’s upcoming iPhone map application will include Yelp Inc.'s “check-in” feature to let users broadcast their whereabouts to friends, according to materials Apple distributed to software developers.Apple Maps, which will replace Google Inc. .
  • Merkel Backs Debt Sharing in Germany

    Full Story | 25th June 2012
    Chancellor Angela Merkel’s government agreed to underwrite the debt of Germany’s states, backing a form of burden-sharing that she is resisting at the euro-area level to combat the financial crisis. The federal government, facing pressure .
  • Greece Coalition Government

    Full Story | 20th June 2012
    Greek political leaders struck an agreement on a governing coalition that will seek relief from austerity measures tied to emergency loans, with New Democracy head Antonis Samaras set to be the prime minister.New Democracy, which .
  • Greece races to form new government

    Full Story | 18th June 2012
    Greece’s two traditional political rivals are in a race to forge an unprecedented coalition as the state’s cash dwindles, bank deposits flee and Europe demands renewed austerity pledges before releasing more emergency aid. Greece will .