Economics RSS:
Japan's economy has officially plunged back into deflation, condemning its struggling companies to a purgatory of falling prices and setting up a potentially explosive collision between the Finance Ministry and the Central Bank. (Read More)
Crunch Gear:
The sudden surge in interest in Android (largely due to all of the hype surrounding the Droid) has caused a lot of developers to reconsider the platform. Atleast one major development house, however, isn't impressed.Earlier today, Alexandre de Rochefort, Finance Director of Gameloft, told an investor conference that the co (Read More)
Economics RSS:
The Bank of Japan and the Japanese Finance Ministry have embarked on a bizarre public row over the threat of deflation and whether the country’s economy is poised for a recovery or slump. (Read More)
Financial Times:
Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar. (Read More)
NY Post:
ALBANY -- Former Senate Majority Leader Joe Bruno secured a $2.5 million legislative grant used to create office space for a tech firm tied to one of his business partners, prosecutors revealed yesterday.
Senate finance officials told jurors at t... (Read More)
Reuters:
NEW DELHI (Reuters) - The government has not yet chalked out a roadmap to withdraw stimulus in the first half of 2010, the junior finance Minister said on Friday in a written reply to a question in parliament.
. (Read More)
Reuters:
NEW DELHI (Reuters) - Vodafone has sought an extension until Jan. 29 to reply to a tax claim notice issued last month by the Indian tax department, Minister of State for Finance S.S. Palanimanickam said on Friday in a written reply to question in parliament.
. (Read More)
ReadWriteWeb:
The social media data company Rapleaf has just released the final parts of their 3-part study involving the demographics and online behavior of webmail users. In the first part of the study, gender and age data was examined and revealed some interesting findings...like the fact that Gmail has more female users than male, fo (Read More)
Financial Times:
The hurdles to a Hershey-Cadbury tie-up are by now well aired.Hershey has a smaller market cap than Cadbury, would need to take on crippling amounts of debt to finance a deal, and the Hershey Charitable Trust would be loath to relinquish control in any new company.Yet the industrial logic of a Cadbury-Hershey merger is comp (Read More)
Money RSS Feed:
Times Money was named as Personal Finance Section of the Year at the prestigious Santander personal finance media awards in London last night. (Read More)
Reuters: Private Equity:
BARCELONA, Nov 19 (Reuters) - Kabel Deutschland (KDG),
[KABLD.UL] Germany's biggest cable operator, may seek an initial
public offering next year if market conditions are right, its
finance chief said on Thursday.
. (Read More)
Reuters:
NEW DELHI (Reuters) - India Infrastructure Finance Co Ltd (IIFCL) is likely to get a credit facility of 80 million euros from Germany's KFW, said a top official at IIFCL.
. (Read More)
Reuters:
NEW YORK (Reuters) - CIT Group Inc on Thursday said it has won overwhelming support from bondholders for its reorganization plan, as the big finance company tries to emerge from bankruptcy by the end of the year.
. (Read More)
Reuters:
NEW DELHI (Reuters) - A bill to reform the insurance sector is unlikely to be cleared by the parliament's winter session, a finance ministry official said on Thursday.
. (Read More)
Reuters:
MUMBAI (Reuters) - Power Finance Corp Ltd said on Thursday it has signed a pact with NTPC Ltd, Power Grid Corp of India and Rural Electrification Corp Ltd to set up a joint venture company.
. (Read More)