Nokia to sell phones with Skype software

 Internet calling company Skype has secured a deal with Nokia under which the world's biggest phone maker will preload Skype software into some of its new smartphones starting from the third quarter

Asia stocks drop, U.S. dollar jumps

Asian stocks fell on Tuesday, with Japan's Nikkei sinking to a near 4-month closing low, while the U.S. dollar surged as investors scrambled for safety from deteriorating global economic conditions and volatile

KPMG: Global M&A to hit bottom in Q2/Q3

KPMG Corporate Finance's Global M&A Predictor forecasts that 2009 will see a continued fall in global mergers and acquisitions (M&A) but that deal activity should slowly return late in the year as

Obama drops “car czar” idea

President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said