Microsoft recently declared that Google these days does not understand business and day by day failing to deliver its service perfectly to the enterprise sector. In an interview with Techno-world, Tim Rizzo, and Microsoft’s senior director aiming Google Inc’s cloud-based services said that Microsoft exec put their money only where their mouth is. He also [...]

Healthy economic growth in China has lifted up the stocks of the World where as the euro halted its slide with the investors waiting for the next move of policy-makers to deal with the debt crisis of euro zone. The data of Chinese factory in November was better than it was expected with the official [...]

Tokyo, 29 November 2010 – Asian markets got mixed in the deal that took place on Monday, because of the ongoing tension in Korean peninsula and the crisis over debt in Europe. The average stock of Nikkei, around 225 has risen to 10,069.38 by 0.30 percent at the end of the trade in the morning, [...]

November 26, 2010: “Financial Times Deutschland” informed that Portugal is being forced by many euro-zone nations and its banks for applying a monetary bailout from European rescue funds, on Friday. Greater part of the European Central Bank and the euro-zone countries were emphasizing Portugal to trail the ways of Greece and Ireland and search for [...]

Saskatchewan government stated that if federal government agreed to BHP Billiton’s takeover for Potash Corp. it may be considered the betrayal of province. Kathy Young the spokeswoman of Premier Brad Wall issued this report on Monday night. Young confirmed that this takeover is not going to show net benefit to the people of Canada and [...]

NEW YORK (AP): On Monday, Stock futures climbed as the traders were the report on activity related to manufacturing in the United States would mirror exactly same data from China which reflected the sector expanded their previous month. Stock futures also raised just ahead of midterm elections and also the meeting of Federal Reserve this [...]

The Hong Kong listing of Asian unit of American International Group Inc., which plans for raising funds to repay federal bailout loans of United States get expanded to $ 20.5 billion. AIA Group Ltd on Friday stated that it rose the shares number offered from 7.03 billion to 8.08 billion. Shares were priced at 19.68 [...]

Elizabeth Warren, The Consumer Czar on Thursday was vocal about the financial industry being cynical about prevent any economic reform brought about by the Obama Government.  She emphasized on the fact that reforms were needed in the American scenario more desperately than ever. She said it in reference to the fact that the financial detractors [...]

According to the recent forecasts the growth rate of Canadian exporter may slow down in the global economic recovery. In a report delivered by EDC the weak demand of export may touch below 11 percent before recession.  Capital Economics in London estimated that trade growth rate may mitigate in the coming months. EDC Chief Economist [...]

The foreclosure related problems unveiled previous week offers a test as to whether financial controllers can more justifiably and forcefully respond to an up-coming problem than they did to the crisis of low level three years back. The Wall Street reform legislation that has been passed over the summer have created new procedures for policymakers [...]