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Aug 20, 2011

BUSINESS News, Aug 20, 2011


We live in a sentiment-driven world
gulfnews.com
"It is sentiment rather than fundamentals that has been driving the market in the recent weeks," he said. Lessons from the recent past suggest that any global economic slowdown could affect India mainly through three channels — trade, finance and the ...
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HP's Happy Talk: Enough Already
InformationWeek
The reason to be in that business, at least according to HP in March, was to get its newest crown jewel—WebOS--into the hands of 100 million users. TechWebTV catches up with Whisper Systems' CTO and co-founder Moxie Marllinspike to discuss and demo ...
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Dow dives, showing risks of US recession tied to bigger, world stage as ...
Chicago Tribune
The prospect of a global recession looms at a time when the Federal Reserve is running out of rescue ammunition. The New York Fed is reportedly intensifying scrutiny of the US operations of European banks. The banks could be vulnerable because they ...
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Why Software Is Eating The World
Wall Street Journal
It's not an accident that many of the biggest recent technology companies—including Google, Amazon, eBay and more—are American companies. Our combination of great research universities, a pro-risk business culture, deep pools of innovation-seeking ...
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Wall Street Journal
Business Highlights
The Associated Press
___ Gold hits a new high as Wall Street swings wildly NEW YORK — Investors flocked to gold Friday, sending it to the latest of a series of records, as fears about recession in the world's major economies infected financial markets. ...
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Hewlett-Packard's PC Unit May Lure Lenovo, Samsung as Bidders
Bloomberg
For Lenovo, the world's third-largest PC vendor, buying the Hewlett-Packard unit would help the company more than double its share of global sales and vault past Dell, the No. 2 producer. For Lenovo, the world's third-largest PC vendor, ...
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Asian Stocks Decline a Fourth Week on Global Growth Concern, European Debt
Bloomberg
“Business confidence is tailing off and global growth slowing, and Europe's debt situation appears to be getting worse and worse without any coordinated policy response. The worst case is that you go back to a 2008-type financial crisis. ...
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CORRECTING and REPLACING Unprecedented Gathering of 20 Global Leaders Address ...
SYS-CON Media (press release)
HSM, a leader in executive education, is proud to announce its 8 th annual World Business Forum, held October 5-6, 2011 at Javits Center North in New York City. The world's largest gathering of executives, the World Business Forum provides the latest ...
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Amid turbulent politics, businesses can lead
Livemint
India's young people hold up business as the key to tackling some of the country's socio-economic challenges. And, they have more faith in global business than they do in politics. One YoungWorld, the global youth leadership platform, which I founded ...
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US Stocks Keep Sliding In Final Trading Hour
Wall Street Journal
Hewlett-Packard was by far the Dow's biggest decliner, tumbling 20% to a six-year low as investors fretted about the world's largest personal-computer maker's extensive plans to reshape its businessmodel. The company is exploring a spinoff of its ...
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Money Market Funds Lure In Another Round Of Inflows
Wall Street Journal
By Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Money market funds around the world drew in $1.9 billion in new cash during the week ended Aug. 17, according toglobal fund tracker EPFR, after investors already sent a whopping $49.9 billion ...
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Rolls Building court complex can make London 'global legal centre'
The Guardian
The government hopes it will attract high-profile business disputes from around theworld, such as rows over pipelines and property ventures, contested insurance payouts, environmental pollution claims and disagreements over complex contracts. ...
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The Guardian
It's war as Google aims to pip Apple in the new tech race
Irish Independent
The 24000 patents it has acquired as part of the Motorola deal are crucial, according to Brian Pitz -- an analyst with global financial services firm UBS -- who has likened the deal to a nuclear arms race. "Each side has to build its stockpile of arms ...
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Creatures of Leisure reflects on 25 years in business
Global Surf News
Surfersvillage Global Surf News, 19 August, 2011 : - - As surfers, we established Creatures of Leisure to design and build the best surf products. From humble beginnings in the garage behind our house we've grown organically to where we are today, ...
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Maersk Shipping Provides Bellwether for Global Trade
Wall Street Journal (blog)
On the horizon lurks the threat of a double-dip, a return of the global economy to contraction. At the very least, growth is slowing across the globe, and world trade power houses such as the US, Germany and France appear to have lost momentum after ...
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IDC: Video game console business will rebound in 2012
BGR
Much has been made of the video game console business' steady decline, and rightfully so; console sales have dropped considerably in recent months. Some attribute the sliding sales to a weakened economy while a minority believe trends are turning ...
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Inside the world of business
Irish Times
Merkel's spokesman last night denied her latest remarks were directed at Rehn. “The chancellor wasnt replying to Rehn but giving the reason once again for our rejection of eurobonds,” said Steffen Seibert. “Regardless of what Olli Rehn is working on, ...
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QVC Selects Globecomm to Broadcast Full Time Programming to its U.S. Affiliate ...
MarketWatch (press release)
We believe our integrated approach of in-house design and engineering expertise combined with aworld-class global network and our 24 by 7 network operating centers provides us a unique competitive advantage. We are now taking this value proposition to ...
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As PCs Wane, Companies Look to Tablets
New York Times
By VERNE G. KOPYTOFF and IAN AUSTEN Although the world is dependent on personal computers, making them has not been a great business for most American companies for almost a decade. Dell, one of a handful of American companies still making personal ...
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New York Times
Distributed Energy Generation Attracting More Industrial Power Users
Sacramento Bee
Global Information (GII) (http://www.giiresearch.com/about_en.shtml) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market ...
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GE Opens One Of World's Greenest Data Centers
Forbes
I previously was the business editor at the San Jose Mercury News and during the (first) dot-com era served as a senior writer and senior editor at The Industry Standard (RIP). General Electric on Thursday opened the doors to one of the world's ...
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Remarks by Vice President Biden and Chinese Vice President Xi at a U.S.-China ...
eNews Park Forest
I hope that the business people of the two sides will make active contributions through their development to the growth of China and US economies and to the strong, sustainable and balanced development of the global economy. ...
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SS&C to Acquire Dublin-Based Fund Administration Business
MarketWatch (press release)
"We are pleased SS&C, a world-class fund administrator with 223 billion in assets under administration, is acquiring this business," said Derry Gray, Managing Partner, BDO. "SS&C invests heavily in people, process and technology, and all of our ...
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Dubai Chamber launches Retail Business Group
Khaleej Times
According to the CB Richard Ellis Global Business Report 2010, Dubai ranked as the second top-most international retail city after London, hosting 55 per cent of major global retailers while spending in Dubai's shopping malls in 2009 alone was roughly ...
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GE Acquires Commtest, Enhances Bently Nevada Condition Monitoring Portfolio
MarketWatch (press release)
GE Energy's Bently Nevada product line, a global leader in condition monitoring, will incorporate Commtest products into its portfolio and enhance an already robust lineup. Bently Nevada provides machinery protection and condition monitoring for ...
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8 Startups That Are Changing the World
Mashable
How are they changing the world?: Catchafire believes that a great pro bono experience can transform someone's life, help social good organizations realize their goals around the world, and make a global social impact. ...
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US STOCKS-Wall St slides for fourth straight week
Reuters Africa
It was the latest discouraging event in a month full of bad surprises ranging from the US credit rating downgrade to a sharp slowdown in world growth. The S&P has lost 13.1 percent so far this month -- on track for its worst month since October 2008. ...
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2013 Lexus Gs 350 World Premiere - Akio Toyoda, Mark Templin
PaddockTalk
We hand picked a team from all over the world to head up a new Global Lexus Division at TMC and have combined engineering, design, and marketing all under one unit, separate from any other group. Working together with Lexus leaders from every major ...
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Evercore Partners Completes Acquisition of Lexicon Partners
MarketWatch (press release)
Looking ahead, Evercore's clients will be served by a global team of more than 335 bankers, including 76 based in London. In addition, this combination will significantly enhance Evercore's capabilities in the Financial Institutions, Utilities and ...
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Japanese Official: Yen Doesn't Reflect Economic Fundamentals
Wall Street Journal
The strong yen is a worry for Japanese manufacturers, who on average have assumed an average dollar exchange rate of ¥82.59 for the current business year, according to the Bank of Japan. The 55-year-old Mr. Nakao said Japan's economy "is still ...
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AOL Energy Week In Review
AOL Energy
Although an interdependent 21st century global economy can hurt some, for others, the vision of an interconnected energy world is one that promises a cleaner, greener and more efficient energy future. Watch: Siemens' Eye For The Future. ...
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Markets Stagger; Google Buys; HP Pivots
Wall Street Journal
The latest batch of economic data offered little reason for optimism. Sales of previously owned homes fell 3.5% in July from June, another sign the hoped-for housing recovery isn't materializing. The Philadelphia Federal Reserve Bank's survey of local ...
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Wall Street Journal
Why IBM can blow its own trumpet
Malaysia Star
“IBM has never articulated this model to explain its business, but as you'll see, the company – like many other enterprises, institutions and individuals over the past century – has followed this path in the course of making the world work better,” he ...
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Malaysia Star
Citi Unit Acquires CLO Business
Zacks.com
This division has a global reach and extensive resources and benefits from Citi's presence around the world in both developed and emerging areas. We believe that Citi's effort to boost this businesswould be a strategic fit and hence support the top ...
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Investors seeking safety push gold to record highs
MSN Philippines News
Gold spiked to another all-time high this week as slumping global stock markets sent investors fleeing for the safe-haven precious metal while industrial commodities dived on the back of a weak demand outlook. World equities took another beating on ...
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Guess which cities produce the most Android apps
VentureBeat
The mobile application business is projected to reach $38 billion by 2015, but will the boom beglobal or will it be confined to a handful of innovation hotspots? A recent study of Android app creators that my company, AppsGeyser, conducted indicates ...
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Wall St. Ups the Odds of Another Recession
PBS Nightly Business Report
SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: Stocks down again with volatility still the buzz word for the day. Investors sold stocks on continued worries about the European banking system and Tom as you know, the prospects of a global recession. ...
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Romney hugs corporations comment
Politico (blog)
They do it because they conduct business and relate to the world in ethical and moral terms. A sound, healthy corporation that's led well can provide a better standard of living for an entire region or neighborhood than any government program. ...
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Pollyanna-in-Chief? The Economy Drowns Out Obama's Cheery Speeches
The Atlantic
Global stock markets, which plunged again on Thursday, are more volatile than at any time since the depths of the financial crisis in late 2008. Gasoline prices are still near $4 a gallon, and gold prices have now pushed above $1800 an ounce. ...
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UPI NewsTrack Business
UPI.com
HP is the world's largest personal-computer maker. The industry has shifted dramatically in recentyears, with mobile phones and laptop devices accomplishing many of the tasks that were previously the domain of personal computers. ...
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Dr. Ted Lithgow Appointed to Healthcare Compliance Packaging Council Board of ...
MarketWatch (press release)
He was a member of the Global Business Management Team, the corporation's Research Leadership Committee, the Exploratory Development Committee, and Pharmaceutical Leadership Board governing bodies. Prior to Schering-Plough, Dr. Lithgow served as ...
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American Airlines now talking Direct-Connect with American Express, no deal though
Tnooz
More curious moves in the world of Direct-Connect at American Airlines, with the airline saying it is now in talks with American Express Global Business Travel. Once again, no deal has been struck with American Airlines and AMEX, and the wording in the ...
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Tnooz
Air China becomes global business travel ... - Product News Now
By admin
Business Travel News. The Latest Business Travel News and Reviews. « US and Europe businesstravel still soft ... According to an agreement signed by Air China and Siemens on August 16, 2011, Air China becomes the first provider to be considered by Siemens when it comes to global travel solutions. The signing ceremony was attended by Air China Commercial Committee Vice Chairman Shi Zengqi and Siemens World Procurement Vice President Bernd Schulz. ...
Business Travel News
Gold soared as high as $US1881.40 an ounce | China business news
By CBN
Investors flocked to gold on Friday, sending it to the latest of a series of records, as fears about recession in the world's major economies infected financial markets. The metal soared as high as $US1881.40 an ounce. It's been on a tear this summer, ... As an investment, the metal has climbed because of investors' concern about the uncertain state of the global economy, diving stock markets and moves by central banks around the world to weaken their currencies. ...
China business news
Moscow stocks captive to global selloff — RT
By RT
With Russian markets engulfed in a global market selloff which has triggered slides in Asian trade on Friday morning, Business RT spoke with Peter Westin, Chief Equity Strategist at Aton for the Moscow market reaction. ... The good news, I think is that we don't see the same sort of panic selling we saw in 2008.” RT: What's the difference between the current sell-off from the one we saw last week and how deep could it be this time? PW: “Well I don't think there is a ...
News RSS : Today
Fox Business - Latest News - Global Shares, U.S. Futures Retreat ...
Fox Business. Global Shares, U.S. Futures Retreat Amid Euro, Economic Fears. Aug 18, 2011 7:22 AM EDT. (page 1 of 4) View Entire Story. World stocks fell on ...
m.foxbusiness.com/quickPage.html?page=32811&external...
Morgan Stanley Slashes Global Growth Forecast - One News Page Business
Business on One News Page on Thursday, 18 August 2011. ... Stanley cuts the growth forecast for the world economy on Thursday, ... Recent related news ...
www.onenewspage.com/.../Morgan-Stanley-Slashes-Global-Gr...
World Bank chief: Governments should deal with global debt woes
By James Grubel and Rob Taylor CANBERRA (Reuters) - The World Bank called for national ...Recent Business News Business News , Fincance News, Market News, ...
https://www.ourbusinessnews.com/world-bank-chief-governm...

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