Anheuser-Busch wants to delist its shares from the London Stock Exchange on the basis that trading volumes have been very low and to reduce compliance costs. Anheuser-Busch believes that delisting from the
Motorola, Inc. announced the launch of W24 M2M wireless module, the new innovative Wi-Fi addition to the Motorola Machine-to-machine (M2M) Wireless Module family. The W24 module is designed to meet customer demand
Ericsson unveiled its M700 mobile platform, the world’s first commercially available LTE-capable platform, with peak data rates of up to 100Mbps in the downlink and up to 50Mbps in the uplink. These
Industrial production in Cyprus started the year on a strong note, rising by 4.8% in January 2008 compared with January 2007. The index was 108.1 in January 2008 and 103.1 in January
The slowdown in the U.S. economy and its impact on BlackBerry sales will be among the top things to watch for when Research In Motion reports quarterly results this week. Aside from
UBS AG wrote down an additional $19 bln on U.S. real estate and related assets on Tuesday, causing a net loss of 12 bln Swiss francs ($12.03 bln) in the first quarter,
Microsoft Corp sees no reason to increase its bid for Yahoo Inc, two months after it made a $44.6 bln offer to buy the Internet company, people familiar with Microsoft’s plans said
Lehman Brothers Holdings Inc, an investment bank beset by rumors of not having enough funding, said it plans to raise $3 bln of capital to quash questions about its stability. Lehman’s shares
European shares rose on Tuesday after UBS unveiled a fresh attempt to reverse its fortunes and writedowns that were along expected lines, sending its shares up 6 %. UBS posted $19 bln
The euro area seasonally-adjusted unemployment rate stood at 7.1% in February, unchanged compared with January. It was 7.6% in February 2007. The EU27 unemployment rate was 6.7% in February 2008, compared with
