Archive for May 16th, 2008
Friday, May 16th, 2008
The first Women's Forum for Economy and Society to be held in Asia opened on Shanghai Bund yesterday, drawing more than 600 high-profile delegates from 30 countries and regions for the fourth annual event.
The three-day forum focusin ...
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Friday, May 16th, 2008
General Electric Co may sell or seek a partner for the unit that makes refrigerators and washers, ending more than a century in an industry that helped make GE a household name, people familiar with the situation said.
GE, the biggest ma ...
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Friday, May 16th, 2008
Blackstone Group LP, reported Thursday its second straight quarterly loss of 251 million U.S. dollars.
The New York-based firm, one of the world's largest private equity funds, said it lost 97 cents per common unit during the first ...
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Friday, May 16th, 2008
U.S. broadcaster CBS announced Thursday to buy online media company CNET for 1.8 billion dollars in a deal that would give the traditional television network a major presence in the rapidly growing Internet marketplace.
"There are v ...
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Friday, May 16th, 2008
Voicing disappointment over Yahoo. Inc.'s refusal of Microsoft takeover bid, billionaire investor Carl Icahn on Thursday launched a bid for control of the internet giant.
Icahn said he took the move because Yahoo's board "completely ...
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Friday, May 16th, 2008
Media company CBS Corp. announced Thursday that it is buying CNet Networks Inc., an online news and information provider for 1.8 billion U.S. dollars.
The price of 11.50 dollars per share represents a massive premium of 45 percent o ...
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Friday, May 16th, 2008
None of major trading partners of the United States is manipulating currency to gain unfair trade advantages, the U.S. Treasury Department said Thursday.
"The Treasury has not found that either China or any other major trading part ...
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Friday, May 16th, 2008
The dollar rose slightly against the euro but fell against other major currencies on Thursday amid weak U.S. economic data.
The Federal Reserve said nationwide industrial output sank for the second straight month in April by 0.7 per ...
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