Arun Sarin considered for Yahoo top job
THE former chief executive of Vodafone Group Plc, Arun Sarin, is among those being considered by board members at Yahoo Inc to take the...
India unveils $4bn economic stimulus package
INDIA yesterday announced an extra four billion dollars in spending to help shield the country's economy from the impact of the global financial crisis. The...
Vodafone says will appeal two billion dollar Indian tax demand
GLOBAL mobile phone giant Vodafone vowed yesterday to appeal a Mumbai court ruling dismissing the company's challenge to a $2bn (£1.35bn) tax demand over...
Foreign deals by Asia companies hit record in 2008
ASIAN companies have been snapping up choice overseas assets, mainly in Europe, with mergers and acquisitions hitting a record $58bn (£39bn) so far this...
British Airways ‘explores merger’ with Qantas
BRITISH Airways said yesterday it was 'exploring a potential merger' with Australian rival Qantas Airways as part of a broad tie-up in the aviation...
ArcelorMittal says it will cut 2,400 jobs in US
THE world's biggest steelmaker ArcelorMittal said yesterday it would slash about 2,400 jobs at its factory in the US state of Indiana by mid-January...
India in strong economic shape, corporate leaders say
INDIA'S top business body insisted yesterday the economy was in strong shape to ride out the global financial storm but conceded corporate confidence was...