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Archive for  December 2012

    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Walgreen quarterly profit falls, shares slip

    Walgreen Co posted an unexpected decline in quarterly profit on Friday as the largest US drugstore chain worked o n winning back former customers an d changed how it accounts for its first international acquisition.

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Walgreen quarterly profit falls, shares slip

    Walgreen Co posted an unexpected decline in quarterly profit on Friday as the largest US drugstore chain worked o n winning back former customers an d changed how it accounts for its first international acquisition.

    Read More

    • News Desk
    • Dec 22nd, 2012
    • Comments Off on German bank sues over Kingfisher Airlines planes

    Germany's DVB Bank SE has sued India's aviation regulator and Kingfisher Airlines to have two planes it financed for the troubled carrier deregistered, a possible first step towards recouping its funds. The case underlines the

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Samsung injunctions against Apple breach rules: EU

    The European Commission said Friday that South Korea's Samsung Electronics was abusing its dominant market position in certain technologies when it took out injunctions against fierce rival Apple. As the two giants fight it out

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Gazprom to buy Kyrgyz gas operator for one dollar

    Russia's gas giant Gazprom is taking a controlling stake in Kyrgyzstan's debt-ridden state gas company for one dollar, Kyrgyzgaz said on Friday. "The price has been set at one dollar" for 75 percent of the

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Indonesia minister nominated for WTO chief

    Indonesia has nominated its ex-trade minister to run for the World Trade Organisation's top post, hoping she would bridge the gap between developing and developed countries, a senior official said Friday. Mari Pangestu, 56, who

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on BAE unveils £2.5 billion deal for military jets to Oman

    British defence giant BAE Systems unveiled on Friday a £2.5-billion ($4.1-billion, 3.1-billion-euro) deal to sell 12 Eurofighter Typhoon combat jets and eight Hawk trainer planes to Oman. The deal, which will help sustain thousands of

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  • India's federal police filed charges against Bharti Airtel Ltd and Vodafone Group Plc's India unit on Friday as part of a probe into alleged corruption in the allocation of mobile phone airwaves a decade ago,

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Eurogroup, ECB rule out debt haircut for Cyprus

    The Eurogroup of eurozone finance ministers and the European Central Bank ruled out Friday a partial debt write-off for Cyprus. Eurogroup chief Jean-Claude Juncker, speaking on German public radio Deutschlandfunk, said that a so-called debt

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Eurogroup, ECB rule out debt haircut for Cyprus

    The Eurogroup of eurozone finance ministers and the European Central Bank ruled out Friday a partial debt write-off for Cyprus. Eurogroup chief Jean-Claude Juncker, speaking on German public radio Deutschlandfunk, said that a so-called debt

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