US stocks edge lower
European Union ministers Tuesday rejected the proposals by private Greek debt holders of a 65 to 70 percent write-down of the country’s debt, Xinhua reported. The news added to concerns about the European More...
Weak start for Wall Street
Stocks were all over the place on Monday, powering ahead early, before falling, rising again, then slumping. The U.S. dollar dived as the euro jumped above 1.3000 and commodity currencies rebounded from recent lows. More...
Kia recalls 145,755 vehicles owing to faulty driver airbags
New York – Kia Motors America, a unit of South Korean automaker Kia Motors Corp, will recall 145,755 Optima sedans and Rondo crossover vehicles in the United States because of potentially faulty driver airbags. More...
Google shares fall by ten per cent despite 27% rise in revenues
New York (USA) – Google shares fell ten per cent even after the Internet giant reported a 27 per cent increase in revenues for the last three months of 2011. The seemingly good news about revenue increase More...
Eastman Kodak files for bankruptcy protection
Rochester, New York (USA) – Eastman Kodak, a 132-year-old American corporate icon, has finally filed for bankruptcy protection after failing to keep up with challenges of the digital era. Announcing the move More...
‘FLoW’ launched by Wipro
New York (United States) – Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited today announced the launch of ‘FLoW’ an Oracle-based Pricing, Supply More...