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PayPal exec Scott Thompson named the new Yahoo CEO

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Yahoo Inc named Scott Thompson, president of eBay Inc's PayPal division, as its new CEO on Wednesday.

Readmore..... Thursday, 05 January 2012 04:52
 
   

Alibaba hires US lobbying firm to help with Yahoo bid

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China's Alibaba Group has hired a US lobbying firm, fuelling further speculation that it is preparing a bid for Yahoo.

Readmore..... Thursday, 05 January 2012 04:45
 
   

Italian yields above 7% after lackluster auction

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Weak demand for long-term Italian bonds at its final auction of the year Thursday sent the yield of the country's 10-year debt above the troubling 7% level.

Readmore..... Thursday, 05 January 2012 04:13
 
   

India's ONGC takes over three oil fields from BG Group

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Samsung Electronics has won government approval for its plans to set up a memory-chip factory in China.

Readmore..... Thursday, 05 January 2012 04:04
 
   

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