Business and Finance News
Charles River Labs calls off WuXi Pharmatech buy
Seattle Post-Intelligencer
THE ASSOCIATED PRESS BEIJING -- Charles River Laboratories International Inc., a U.S. medical research equipment and services company, said Friday it is canceling a $1.6 billion acquisition of WuXi...
Microsoft Bing Cashback Program Ends
NPR
July 30, 2010 Microsoft is pulling the plug Friday on a program that paid people to use its Bing search engine. The company said it did not see the broad adoption of the search engine that it had ho...
TalkTalk to launch mobile phone service
Guardian
by introducing "free" internet access four years ago , will offer both contract and pre-pay tariffs to existing customers from the autumn.Market watchers will be looking to see whether the company, th...
Dana Petroleum jumps after Egyptian oil discovery
Guardian
, currently being stalked by Korea National Oil Corporation, has issued another upbeat announcement.KNOC has offered £18 a share for Dana - valuing the company at £1.67bn - and is said to be close t...
ASE 2Q10 earnings beat expectations
Digitimes
Chip packager Advanced Semiconductor Engineering (ASE) has reported net profits of NT$4.61 billion (US$144 million) for the second quarter of 2010, up 36% sequentially and topping market watcher estim...
Pakistan Steps Up Rescue After Flash Floods Kill 313
Business Week
July 30 (Bloomberg) -- Pakistan stepped up rescue efforts after flash floods and heavy rains in the northwest killed 313 people and left thousands stranded in the region’s worst storms. Communic...
Big Losses For British Airways And Virgin
Sky News
download Flash from the Adobe download website. BA announced a quarterly loss of £164m for the three months to June 30, while Virgin Atlantic made a pre-tax operating loss of £132m for the pe...
Hong Kong Tycoon Buys EDF's UK Networks
Sky News
A consortium of companies led by Asia's richest businessman has won a bid to buy the UK distribution networks of the French electricity provider EDF for £5.8bn.
BP Boss Hayward Treated As Spill 'Villain'
Sky News
Wall Street Journal , Mr Hayward said he did everything possible once the Deepwater Horizon rig exploded and sank in the Gulf of Mexico. He took responsibility for the incident and spent billions of ...
Walt Disney to sell Miramax for over $660 million
Market Watch
-0.97% ) said Friday that it has agreed to sell its Miramax Films business to Filmyard Holdings for over $660 million. The sale includes rights in over 700 film titles such as Chicago, Shakespeare i...
FOREX-Dollar under pressure before U.S. GDP
Fox Business
July 30, 2010 * Dollar hits 8-month low of 86.17 yen on EBS * Traders look to U.S. Q2 GDP to slow * Dollar also hits 6-month low vs Swiss franc (Releads, adds quote, updates prices) By Tama...
Electrocomponents Names Peter Johnson Chairman
Fox Business
LONDON -(Dow Jones)- Electrocomponents PLC (ECM.LN), a distributor of electronics and maintenance products, said Friday it has appointed Peter Johnson Chairman, following the retirement of Helmut Mams...
METALS-Copper falls ahead of key U.S. GDP data
Fox Business
July 30, 2010 * Falls in equities weigh, market awaits data * Shanghai copper stocks down, LME inventories up * Coming up: U.S. Q2 gross domestic product; 1230 GMT (Recasts, updates prices a...
UPDATE 3-Anglo restores dividend, warns on Brazil
Fox Business
July 30, 2010 * H1 EPS doubles to $1.84 vs $1.73 forecast in company poll * Follows bumper Vale results * Brazil iron ore project to be delayed; lack of approvals * Announces reinstated divide...
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