Better known for its rich farming and universities, the central Argentine province of Cordoba is styling itself as the country's own Silicon Valley, and more than 250 technology companies already call it home.
PPR SA, the French retailer controlled by the billionaire Pinault family, bought a 27 percent stake in Puma AG and will make an offer for the rest of the German sporting-goods maker for a total 5.3 billion euros.
Risks to the global economy have lessened compared to six months ago but their nature has changed, International Monetary Fund chief Rodrigo Rato said on Monday.
The US high-technology industry is renewing its call to expand a visa program for skilled workers after a quota for the upcoming fiscal year was filled in a single day.
Palm Inc Chief Executive Officer Ed Colligan says he is ignoring calls to sell the phone maker and is focused on winning back sales lost to Research In Motion Ltd and Nokia Oyj.
An economic slowdown in the United States would have only a modest global impact if contained to the US real estate sector, an International Monetary Fund report said yesterday.
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