Siemens braced for stormy meeting

A shareholder general assembly at German conglomerate Siemens today could end up resembling a trial owing to a dogged scandal that is starting to look like a bottomless pit.

Yahoo cuts could give Yang breathing space

Yahoo could save about $100 million if its cut its workforce by an expected 700 posts next week, JPMorgan analyst Imran Khan estimated.

Hands can save EMI by making music free on Web

No one can deny that UK businessman Guy Hands has guts. At a time when most of the private-equity industry is battening down the hatches, and trying to survive the storm in credit markets, Hands has just embarked on his most ambitious venture yet.

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Plug-in cars to help Israelis go green

The Renault-Nissan alliance has signed a deal to begin mass producing electric cars as part of an Israeli-led project to develop alternative energy sources and slash oil dependency.

Canada may feel the impact of mining mergers

Two potential mega mergers involving four of the world's biggest mining companies could trigger shifts in the Canadian mining landscape, particularly in the nickel hub of Sudbury and the burgeoning northern diamond industry.

Report: BHP unlikely to boost Rio Tinto offer

BHP Billiton is unlikely to increase its $130 billion unsolicited proposal to acquire mining rival Rio Tinto by a Feb 6 deadline, The Wall Street Journal reported.

Tech behemoth sets its sights on virtualization market

Microsoft Corp said it bought a start-up company called Calista Technologies and expanded its alliance with Citrix Systems, targeting the fast growing virtualization market.

Biz People

Is Whitman on the way out?

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