Google appoints ex- VMware CEO Diane Greene
Internet search co aims to sell more business services in order to expand beyond search engine advertising
Sectors - Nasdaq
Teva Pharma eyes acquisitions in Asia
Generic drug maker TEVA aims to increase sales and expand its product lines
Toyota Motor Corp launches Prius c
New smaller version of Prius will go on sale in March
Swiss National Bank chairman quits
Vice chairman Thomas Jordan to hold the position of chairman of the SNB governing board
RBS likely to cut 3,000-4,000 investment banking jobs
Parts of Global Banking and Markets division will be merged with the payments business called Global Transaction Services
Bristol-Myers to buy clinical-stage bio-pharma co
Global bio-pharmaceutical company Bristol-Myers will buy Inhibitex in all-cash deal valued $2.5 bln
Italian car maker to supply diesel engines to Maruti by Feb
Fiat is likely to begin supply of 7,000 to 10,000 engines next month
Yahoo appoints Scott Thompson as CEO
Scott Thompson to work in close association with the board on a strategic review process
Mosaic Co second quarter net profit down 39%
Net sales of fertilizer producer rises 13% to $3.01 billion
Sinopec signs $2.2 bln deal with Devon Energy
Chinese oil company Sinopec to pay $900 mln in cash, remaining investment will be paid by end of 2014
Teva Pharma appoints Jeremy Levin as CEO of Bristol-Myers
Jeremy Levin will takeover as president and CEO of Bristol-Myers in May
Argentina's central bank to inject cash into economy at current pace
Bank aims to expand the M2 money supply, which includes cash plus checking and savings accounts by 26.4% in 2012
MarkWest completes 49% stake buy in Liberty Midstream
EMG and Markwest have also signed a new Utica Shale midstream joint venture
Alexion Pharma to buy Enobia Pharma for $1.08 bln
Pharmaceutical companies Alexion, Enobia intend to complete the deal in the first quarter of 2012
Oracle Corp net income up 17% to $2.19 bln
Technology firm Oracle aims to adjust earnings to range from 55 cents to 58 cents a share in third quarter
Tesla Motors plans to build rechargeable sedan in California
Rechargable sedan will be built in Fremont in California and the deliveries will begin in the mid-2012
JP Morgan appoints Gerry Murray for its leveraged-finance business
Thomas Cassin and Huw Richards will oversee the global investment grade business for both loans and bond originations
Research in Motion Q3 net profit slips 27%
Canadian multinational telecommunications company generates revenue of US$5.17 billion
BMW unveils 20,000th car from Sriperumbudur unit
German luxury car maker has 24 production facilities in 13 countries and has a global sales network in 140 countries
Pfizer OKs $10 bln share buyback programme
Drug maker increases quarterly dividend to 22 cents a share from 20 cents
Ford Motor to pay 5 cent quarterly dividend
US automobile maker Ford to pay its first quarterly dividend on March 1, 2012
AstraZeneca to layoff 1,150 employees in US
UK-based drug maker aims to take a fourth-quarter restructuring charge related to the layoffs in a range of $50- $100 million
Moody's Investors Service raises outlook on Clearwire Corp to stable
Clearwire signed a 4 year contract with Sprint Nextel Corp worth $1.6 billion
Moody's Investors Service raises outlook on Clearwire Corp to stable
Clearwire signed a 4 year contract with Sprint Nextel Corp worth $1.6 billion
Thomson Reuters names James Smith as its next CEO
Tom Glocer will leave the board of the financial news provider Thomson Reuters Corp at the end of the year
Tech Data Corp board OKs $100 mln share buyback program
Share buyback represents about 4.7% of computer equipment and software distributor Tech Data Corp's current market value
Tech Data Corp board OKs $100 mln share buyback program
Share buyback represents about 4.7% of computer equipment and software distributor Tech Data Corp's current market value
JP Morgan to buy 4.7% stake in London Metal Exchange
U.S. investment bank JP Morgan will pay 25 million pounds for the stake in the world's largest capital market
Gilead Sciences to buy Pharmasset for $11 bln
World's largest maker of HIV drugs Gilead will pay $317 per share for each Pharmasset share, an 89% premium
Regeneron Pharma gets US OK for blindness drug Eylea
Eylea will cost about $1,850 per dose or $16,000 for a year's treatment
Bill Miller plans to quit as Legg Mason fund manager
Sam Peters to become the sole manager of Value Trust and the Value Equity Funds in May
Wal-Mart Q3 net profit down 2.9%, sales rise 8.1%
For the fiscal fourth quarter, US retailer Walmart forecast earnings per share in a range of $US1.42 and $US1.48
BP's $7bln South America stake sale collapses
Planned sale of BP aims to help in raising funds to pay for the cleanup of its Gulf of Mexico oil spill in 2010
Unilever Plc third-quarter sales surge as prices climb
Shares of the consumer goods giant outperform FTSE 100 by 14% and European food and beverage stocks by 7% this year
Groupon Inc prices IPO offering at $20 a share
Groupon will debut on the Nasdaq Global Market under the ticker symbol GRPN
JLR appoints ex-Audi UK boss as MD of UK operations
Jeremy Hicks will be responsible for both the Jaguar and Land Rover brands in the UK
Hyundai Motor US auto sales up 23% in October
Korean carmaker reported double digit sales gains on a percentage basis for the Santa Fe, Tucson and Elantra
RBS wins GBP4 bln offer for business from CVC Capital
UK-based lender may call off the float of its insurance arm next year
Cubist Pharma to acquire Adolor Corp for $190 mln
Biopharmaceutical Company Cubist plans to complete its tender offer during the fourth quarter
Bank of America Corp third quarter profit rises to $6.2 bln
Bank of America's Q3 profit surged on the back of several large, one-time gains from accounting methods, and big gain from sale of China Construction Bank shares
Former JP Morgan commodities trader Bombell starts hedge fund
Former JP Morgan Chase commodities trader Damien Bombell starts a hedge fund to invest in metals, grains and energy
Bank of Korea keeps key rate at 3.25%
Bank of Korea kept its benchmark interest rate on hold for a fourth straight month, opting to remain cautious
Apple's visionary Steve Jobs dies at 56
World's largest technology corporation Apple Inc's co-founder and Chairman Steve Jobs died Wednesday at 56
Berkshire Hathaway to launch share buyback program
Berkshire's move to launch share buyback program comes after months of investor complaints that stock is undervalued
UBS chief executive Gruebel resigns after $2.3 bln loss
Switzerland's largest bank UBS CEO Oswald Gruebel resigns post $2.3 bln loss from unauthorized trading
General Motors to make electric cars in China
American automotive firm General Motors will develop electric cars in China through joint venture with Chinese automaker
Jazz Pharmaceuticals to buy privately held Irish firm
Specialty pharmaceutical firm Jazz Pharma will buy privately held Azur Pharma in stock and form a specialty pharmaceutical company in Ireland
Plural Capital appoints Ex-BTC Partners Pereira, Guimaraes
Brazilian asset management company Plural Capital hires former BTG partners Evandro Pereira and Pedro Guimaraes to form a full-service investment bank
BlackRock appoints Mark Wiedman to head iShares, replacing Mike Latham
BlackRock Inc names Mark Wiedman as the global head of iShares and Mike Latham will become chairman of the unit
Life at Apple post Steve Jobs resignation
What's in store next for consumer electronic and personal computer designer Apple after Steve Jobs' resignation?
