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Global financial leaders avoid public rift with Japan
New York Times: May 13, 2013 at 0309 hrsFinance ministers from leading global economies on Saturday avoided a public rift with Japan over policies driving down the value of its currency, while keeping up pressure on Germany to help lift growth in Europe.Branson swaps suit for skirt to honour bet
Associated Press: Malaysia, May 13, 2013 at 0312 hrs ISTBritish business magnate Richard Branson has lost his latest job because of orange juice.Bloomberg bars reporters from client activity after Goldman complaint
Associated Press: Los Angeles, May 13, 2013 at 0314 hrs ISTFinancial data and news company Bloomberg says it has corrected a “mistake” in its newsgathering policies and cut off its journalists' special access to client log-in activity on the company's ubiquitous trading information terminals after Goldman Sachs complained about the matter last month.facebook's Mark Zuckerberg group’s political effort has liberals up in arms
New York Times: May 10, 2013 at 0040 hrsMove fast and break things” has been the motto at Mark Zuckerberg’s Facebook, embodying the Silicon Valley ethos of unapologetically finding new ways to solve old problems.Barack Obama to open middle-class jobs, opportunity tour
Associated Press: Washington, May 10, 2013 at 0043 hrs ISTAiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the US to resurrect that quickly became overshadowed by the intense debates over gun control, immigration and automatic spending cutsDimon’s role in JPM hinges on small, unknown firm
New York Times: May 09, 2013 at 0354 hrsFate of Jamie Dimon of JPMorgan Chase could hinge on a small, London-based firm that is virtually unknown, even on Wall Street.
US is weighing wide rejig of wiretap laws
New York Times: Washington, May 09, 2013 at 0346 hrs ISTObama administration, resolving years of internal debate, is on the verge of backing a Federal Bureau of Investigation plan for a sweeping overhaul of surveillance laws that would make it easier to wiretap people who communicate using the internet rather than by traditional phone services, according to officials familiar with the deliberations.Philanthropic campaign by Bill Gates, Warren Buffett gets more pledges
Reuters: Miami, May 09, 2013 at 0349 hrs ISTNine more wealthy families and individuals have pledged to give at least half of their fortunes to charity.UBS overhaul ups pressure on private banking head
Reuters: Zurich, May 09, 2013 at 0348 hrs ISTIn a 16th century Swiss castle in March the boss of UBS challenged the head of its private bank to explain his plans for overhauling the business of managing the money of the rich.
Google Glass picks up early feedback on privacy issues
New York Times: San Francisco, May 08, 2013 at 2030 hrs ISTGoogle Glass is the most anticipated piece of electronic wizardry since the iPad, iPhone...Singapore banks agonise over rich clients in tax evasion clampdown, scan accounts
Reuters: Singapore, May 07, 2013 at 0207 hrs ISTBanks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.Devotees stick by Buffett even as growth slows at Berkshire Hathaway
Reuters: Omaha, May 07, 2013 at 0209 hrs ISTPatience has served Berkshire shareholders well.‘The sooner India makes labour reforms, the better’
Himani Kaushik, Arun S: May 06, 2013 at 0344 hrsWith India being its second largest borrower of released loans (after China), the Asian Development Bank (ADB) keeps a close eye on the developments here and is keen that New Delhi undertake further structural reforms to help the country return to 8-9% growth levels soon
Microsoft goes mainstream to win smartphone share
Reuters: Seattle, May 04, 2013 at 0254 hrs ISTBefore Nokia Lumia 521, MS has focused on putting its Windows Phone software into expensive, high-end devices.
- Market stares at Rs 7,100 crore of IPOs after Just Dial success
- BSE Sensex gains 30 points, Tata Steel shares rise, Wockhardt shares hit
- For Ranbaxy Laboratories shares, Daiichi Sankyo's pill seems tough to swallow
- Jet Airways shareholders clear Etihad Airways deal, Naresh Goyal says, profits to rise
- London Heathrow Airport: On-fire British Airways jet makes emergency landing
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