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Singapore Tycoon Sues Citi Over $684 Million Loss private bank for negligence and misrepresentation after he lost S$1 billion (US$684 million) on foreign exchange and bond trades last year, the Straits Times reported on Tuesday. India GazetteLowe`s sees signs of US consumer revival Lowe's, the US home improvement retailer, said it was seeing signs of renewed confidence in consumers as its first-quarter earnings and sales dipped FTFerrovial Tries to Duck Gatwick Sale BAA rejected a $2 billion bid for London's Gatwick airport and challenged the U.K. ruling requiring it to sell the facility. Wall Street JournalGSK signs $370m deal ... Nokia 3G ... Toyota in demand$ Banking & finance Lloyds Banking Group: Millions of the bank’s private shareholders could soon receive cash payments averaging £300. The bank has announced plans for a share sale t... BBCImprovement On The Home Front Lowe's and Home Depot seem to be on more solid ground amid a bottoming of home sales and an uptick in sales of paint, nails and other small items. ForbesBaidu Workers: ``The strike's off only if our demands are met`` After a fortnight’s strike, Baidu’s workers have called it off to let the company come out with an acceptable agreement regarding pay cuts of workers. The bad news is that the strike might begin again if no agreement is reached between the two. The problems surfaced despite Baidu doing well in its first quarter and still decreased salaries by 30%. Workers state that the firm is doing to in order to have employees quit their jobs rather than laying them off. However the firm defended itself stating that the cuts were to sail the company through in tough economic times where ad sales continues to take a hammering. I am not sure if the workers, who have just stopped going to office or not doing work if they are there would listen to all this. ---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging service or call it a true “twitter video” Startup MemeM/I Homes planning stock sale Struggling homebuilder M/I Homes Inc. told investors late Monday that it's planning to sell 4 million shares in an effort to raise additional capital. (MHO) Biz JournalEncorium Group Provides Update to LOI with Respect to the Sale of its U.S. Business /PRNewswire-FirstCall/ -- Encorium Group, Inc. (Nasdaq: ENCO), a full service multinational contract research organization (CRO) that provides design, development, and management capabilities for clin... Big News NetworkAlliance Boots gets a lift from strong sales of anti-ageing cream Alliance Boots has posted robust full-year trading profits and sales, as customers seek comfort with its anti-ageing cream during the recession, but the health and beauty giant revealed deep job cuts ... Big News NetworkUPDATE 3-Kona Grill shareholder offers to take company privateReuters 1 2 3 4 5 |
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