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        • Cisco warns of sales miss, eyes $1 billion savings

          2011-05-12 13:42

          Cisco Systems Inc warned that it will fare worse this quarter than Wall Street had feared, and laid out plans for global job cuts as it struggles to revive growth.

        • Toyota quarterly profit slides on quake disruption

          2011-05-11 16:54

          Toyota's quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting car production.

        • Google braces to pay $500M in ad probe

          2011-05-11 13:25

          Google's lucrative online advertising system is facing a U.S. government investigation that is expected to cost the Internet search leader at least $500 million.

        • Disney's rare revenue miss hurts shares

          2011-05-11 11:17

          Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office, sending its shares down 3 percent.

        • Skype's owners set to make $5b: source

          2011-05-11 11:04

          Skype's owners, led by private equity firm Silver Lake , are set to earn more than three times their investment, for a total capital gain of more than $5 billion, on the sale of Skype to Microsoft Corp.

        • Microsoft says to buy Skype for $8.5 billion

          2011-05-10 20:20

          Microsoft Corp. says it will buy the Internet phone company Skype for $8.5 billion in cash.

        • LinkedIn to sell shares for $32 to $35 each in IPO

          2011-05-10 18:10

          Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major US social networking site.

        • Microsoft close to deal for Skype: source

          2011-05-10 14:02

          Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt.

        • Oil falls to near $101 ahead of US supply reports

          2011-05-10 13:31

          Oil prices fell to near $101 a barrel Tuesday in Asia as traders anticipated a further rise in weekly US crude inventories in a sign of weakening demand.

        • Metal giant to start 2 overseas projects

          2011-05-09 11:00

          China Nonferrous Metal Mining Co(Group) (CNMC), the country's non-ferrous metal giant, is expecting two of its major overseas projects to begin operation this year, said Luo Tao, general manager of the group.

        • Commodities' drop curbs risk appetite

          2011-05-09 10:33

          US stock investors head into this week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.

        • Apple world's most valuable brand

          2011-05-09 09:50

          Apple has overtaken Google as the world's most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown.

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        Scholars from Beijing and Moscow called for emerging economies to make their voice heard more at the G20 summit, as they exchanged views in a telephone conversation.
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