The Finance & Insurance community of United States

Obama's itinerary for his Africa trip

Tue, 21 May 2013 11:32:00 +0200

WASHINGTON USA: President Barack Obama will leave on a first African tour next month, visiting Senegal, Tanzania and South Africa, but his itinerary released on Monday (20 May) bypasses Kenya, an ancestral homeland.
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Yahoo! pays US$1.1bn for Tumblr

Tue, 21 May 2013 07:19:00 +0200

NEW YORK, USA: Yahoo! is to buy blogging platform Tumblr for US$1.1bn. It said on Monday (20 May) that the two companies "share a vision to make the Internet the ultimate creative canvas."
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Dell's profits crash by 79%

Mon, 20 May 2013 09:08:00 +0200

NEW YORK, USA: US computer company Dell said last week its quarterly profits plunged 79% from a year ago, as a shift away from personal computers hammered the company's bottom line.
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Dell's offer an 'insult' claims Icahn

Mon, 13 May 2013 07:10:00 +0200

NEW YORK, USA: Corporate raider Carl Icahn and other investors made a new offer last week for US computer giant Dell, calling a planned private equity buyout led by company founder Michael Dell a "giveaway".
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Tesla's cars make modest profits

Fri, 10 May 2013 08:02:00 +0200

SAN FRANCISCO - Tesla Motors said on Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.
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General Motors is building a plant in China

Wed, 08 May 2013 08:24:00 +0200

SHANGHAI, CHINA: Chinese authorities have approved a US$1.3bn General Motors plan to make luxury Cadillac cars, the US auto giant said on Tuesday (7 May) as it seeks to boost sales of its premium brand cars in the world's biggest vehicle market.
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Sizzling sales of tablet computers

Thu, 02 May 2013 08:19:00 +0200

WASHINGTON, USA: Global sales of tablet computers climbed in the first quarter of 2013, led by Android-powered devices that outpaced gains by Apple's iPads, a research firm said on Wednesday (1 May).
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BodyMedia, Biggest Loser are Jawbones

Thu, 02 May 2013 06:11:00 +0200

SAN FRANCISCO, USA: Fitness wristband maker Jawbone added muscle to its lineup of fitness lifestyle devices on Tuesday (30 April) with a deal to buy the company behind armbands that measure how many calories people are burning.
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Dinner for four with Ferran Adria cost US$36,750

Wed, 01 May 2013 07:35:00 +0200

NEW YORK, USA: An Asian gourmet dished out US$36, 750 at a New York auction to have dinner for four with famed chef Ferran Adria.
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Apple assumes debt to avoid tax payment

Tue, 30 Apr 2013 09:45:00 +0200

NEW YORK, USA: Apple on Monday (29 April) moved towards its first-ever debt issue, filing documents describing plans for bond sales, which would be used to pay dividends in an effort to stem the slide in its share price.
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