Facebook adds video calling, group chat

2011-07-07 07:27:23

Facebook is striking back at Google Inc, which last week introduced a social networking service dubbed Google+, launched a video-calling feature with Skype for its 750 million users. Google+ challenges Facebook in new battle

IMF chief tries to be a good conductor

2011-07-07 01:34:41

Christine Lagarde went through 18 hours of briefing on her first day as the first woman managing director of the IMF since its creation in 1944.

Nokia abandons Japanese market

2011-07-06 17:06:13

Nokia Corp., battered by the popularity of smartphones, is abandoning the Japanese market after a brief foray with luxury cellphones.

Baidu, Microsoft to cooperate in search

2011-07-05 13:40:33

Chinese search giant Baidu Inc. will use Microsoft's Bing for some English-language results as the software giant tries to expand its small share of China's search market.

Chinese entrepreneurs blooms in Europe

2011-07-04 22:05:33

China’s post-1980s generation, a group numbering more than 200 million, have often been labeled as spoiled, money worshippers or apathetic. But the under 30s generation have also been the trailblazers of Chinese entrepreneurship across the seas.

Exxon claims spill damage limited

2011-07-04 12:03:10

Authorities s gauged the environmental and crop damage from thousands of gallons of oil that spilled into the legendary Yellowstone River.

Flat inflation eases rate-hike pressure

2011-07-04 11:16:53

Australia's consumer prices were flat in June and inflation remains within the central bank's target range.

Russia resumes power exports to Belarus

2011-07-03 20:40:08

Russia's power group InterRAO resumed electricity supplies to Belarus on Saturday, the company's spokesman said.

EU approves further 12b euros for Greece

2011-07-03 07:40:59

The details of a second aid package for Athens would now be finalised by mid-September.

Lockheed Martin doubles job cuts

2011-07-01 09:36:27

Defense contractor Lockheed Martin Corp. plans to cut 1,500 jobs in its airplane-making business, saying it needs to cut cost.

LSE, TMX abort their merger

2011-06-30 10:21:12

The London Stock Exchange's C$3.6 billion ($3.7 billion) plan to buy its Toronto counterpart collapsed on Wednesday.

Bank of America expects loss

2011-06-30 09:44:36

Bank of America Corp said it expects to take more than $20 billion of charges after settling with mortgage bond investors.