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.

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Is Whitman on the way out?

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Business International

Food tycoon shows he has great taste

Alexander Tabalov sits back in a leather chair in his Kiev office an hour after organizing an art auction, and reflects on business opportunities in Ukraine.

Deutsche Telekom signals more cuts

Germany's Deutsche Telekom wants to step up its efforts to cut labor costs and boost competitiveness by redeploying a large number of its civil servants and slimming down its bloated administration.

Deal gives Saudi firm access to lucrative markets

Saudi Telecom Co, the largest Arab telecom firm by market value, said it had agreed a $2.6 billion deal to buy 35 percent of Oger Telecom, gaining access to markets from Turkey to South Africa.

More firms sign up to green initiative

The Carbon Disclosure Project (CDP), a consortium of 315 top institutional investors assessing industries about their CO2 emissions, announced a new partnership on Sunday to extend its global initiative to companies and suppliers.

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Sarin spells out investment plans

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