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Key US investor rejects takeover bid for Hypo Real Estate

Munich  - A US private-equity investor, Christopher Flowers, rejected Thursday a takeover bid...
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Chrysler to declare bankruptcy as last-minute talks fail

Washington - The long ailing US carmaker Chrysler LLC was to enter bankruptcy protection Thursday...
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Absent ads hit Viacom profits - but sales picking up

New York  - Media conglomerate Viacom, the owner of MTV, Paramount Studios and the Rock Band...
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China Mobile buys 12 per cent stake in Taiwan's Far East Tone

Taipei - China Mobile, China's largest cellphone company, signed a strategic alliance agreement...
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Time Warner profit drops 14 per cent

New York - Profits at Time Warner media enterprise dropped 14 per cent in its fiscal first quarter...
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Sun Microsystems' Financial Situation not Sunny

Sun Microsystems' Financial Situation not Sunny

Sun Microsystems isn't doing very well, financially. In the dawn of Oracle's takeover, the...
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SAP shares fall as quarterly earnings slump

Frankfurt  - The world's biggest business management software maker SAP AG said Wednesday...
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Siemens cuts forecast as economic crisis hits

Berlin - Europe's biggest engineering group global Siemens AG cut its profit forecast for the...
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Societe Generale chairman to quit

   Paris - Daniel Bouton, chairman of the French bank Societe Generale, was to quit...
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Wall Street falls for second day on swine flu, banking fears

New York - Major US stock indices fell for a second straight day Tuesday as concerns over the...
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