Friday, May 18, 2012

Archive for August, 2010

Crisis panel to hear from Bernanke, Lehman’s Fuld

Tuesday, August 31, 2010 0:00

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke and bank regulator Sheila Bair will testify this week before a U.S. panel exploring the causes of the financial crisis.

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Genzyme rejects Sanofi offer, long battle looms

Monday, August 30, 2010 21:07

PARIS/BOSTON (Reuters) - U.S. biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.

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BlackBerry maker wins reprieve on India shutdown

Monday, August 30, 2010 20:00

NEW DELHI (Reuters) - Research In Motion will give India access to secure BlackBerry data beginning Sept. 1, a government source said on Monday, leading New Delhi to put off a decision on whether to shut down the smartphone. ...

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Wall St falls as economy worries persist

Monday, August 30, 2010 19:06

NEW YORK (Reuters) - U.S. stocks fell on Monday as a statement from President Barack Obama fell short of addressing worries the recovery is faltering, while investors looked ahead with caution to important economic data coming this week. ...

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Major hedge funds cut back equity risk

Monday, August 30, 2010 17:50

BOSTON (Reuters) - Even some of the savviest hedge fund managers got burned in 2008 by sticking with their hot stocks for too long as the market tumbled.

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BHP denies any plans to divest Potash Corp assets

Monday, August 30, 2010 16:34

TORONTO (Reuters) - BHP Billiton , denied on Monday that it would divest some of Potash Corp's assets if its $38.6 billion hostile bid for the world's largest fertilizer producer proved successful.

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BlackBerry to offer India access from Sept 1: govt source

Monday, August 30, 2010 15:07

NEW DELHI (Reuters) - BlackBerry maker Research in Motion will give the government access to encrypted data from Sept. 1, while the home ministry wants BlackBerry, Google and Skype to set up servers in India, a government source familiar with the matter said on Monday. ...

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BlackBerry agrees to monitoring of services

Monday, August 30, 2010 14:26

BlackBerry agrees to monitoring of services

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Meet begins for decision on BlackBerry ban

Monday, August 30, 2010 12:02

NEW DELHI (Reuters) - Indian officials began a meeting on Monday to decide whether to ban some of Research In Motion's BlackBerry services, a day before the deadline runs out for the firm to give security agencies access to its secure data. ...

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Bernanke, M&A lift world stocks

Monday, August 30, 2010 10:26

LONDON (Reuters) - World stocks put in modest gains and the dollar slipped on Monday, lifted by last week's assurance from the U.S. Federal Reserve that it will do what is needed to spur economic recovery.

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