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Web Directory Home / Business Sunday, January 20, 2008
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   Electronics makers keep eye on U.S. economy (Reuters)
Reuters - Electronics makers considering the strain on the U.S. economy are hoping consumers will cut other expenses first, but many see some worrying signs ahead.

Toshiba says HD DVD has not lost out to Blu-ray
LAS VEGAS (Reuters) - Toshiba Corp said on Sunday its HD DVD high-definition video format is not dead despite being dealt a big setback by Warner Bros studio's decision to exclusively back ...

Nokia Siemens wins $935 million Saudi Arabia deal
HELSINKI (Reuters) - Nokia Siemens Networks said on Monday it had won an order worth $935 million from Kuwait telecom operator Zain to build second- and third-generation mobile networks ...

Oil eases on U.S. economic worries
LONDON (Reuters) - Oil fell on Monday, extending the previous session's decline, as the market mulled over gloomy U.S. economic data and the impact on demand should the world's top energy ...

Citi mulls cutting work force by 5 to 10 percent: report
NEW YORK (Reuters) - Citigroup is considering cutting 5 percent to 10 percent of its work force, which totals 327,000, CNBC television reported on Monday, without citing sources.

Krispy Kreme CEO resigns, chairman named to post
NEW YORK (Reuters) - Krispy Kreme Doughnuts Inc said on Monday that Chief Executive Daryl G. Brewster has resigned for personal reasons and will be replaced by its Chairman James H. Morgan ...

Yahoo CEO stakes out mobile phone market strategy
LAS VEGAS (Reuters) - Yahoo Inc's Jerry Yang will seek on Monday to demonstrate in his first major speech since taking over as chief executive in June the inroads the company is making ...

Gates eyes next "digital decade"
LAS VEGAS (Reuters) - Microsoft Corp Chairman Bill Gates took center stage at the world's largest technology show for the last time on Sunday and predicted that his industry was on the cusp ...

Credit Suisse shares fall on report of writedowns
ZURICH (Reuters) - Shares in Swiss bank Credit Suisse fell by around 3 percent on Monday after a Swiss newspaper reported the bank faced writedowns in its commercial mortgage and ...

Futures advance on Fed rate-cut hopes
NEW YORK (Reuters) - Stock futures advanced on Monday as investors bought beaten-down shares on hopes that recent weak economic data will prompt the Federal Reserve to slash interest rates ...

Electronics makers keep eye on U.S. economy
LAS VEGAS (Reuters) - Electronics makers considering the strain on the U.S. economy are hoping consumers will cut other expenses first, but many see some worrying signs ahead.

Dow up on Honeywell, but credit plan doubts linger
NEW YORK (Reuters) - The Dow Jones industrial average rose on Thursday after economic bellwether Honeywell International raised its profit forecast, offsetting doubts about whether a global ...

China investment pace remains hot
BEIJING (Reuters) - Chinese capital spending in November barely slowed from record heights despite curbs on lending, showing that the central bank's task in keeping the economy from ...

HSBC says to buy Taiwan's The Chinese Bank
HONG KONG (Reuters) - Global bank HSBC Holdings has won a government auction for Taiwan's The Chinese Bank Co Ltd, which had gross assets of approximately US$3.1 billion at September 30 ...

Greenspan: Recession odds growing on slowing economy
NEW YORK (Reuters) - The odds of a recession in the United States are "clearly rising" due to the slowing rate of economic growth, former Federal Reserve Chairman Alan Greenspan ...

Panel rejects Merck over-the-counter statin bid
SILVER SPRING, Maryland (Reuters) - A U.S. advisory panel urged the government on Thursday to reject Merck & Co Inc's latest bid to sell a cholesterol-lowering drug without a prescription.


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