22 Mar 2005 09:17 PM

The accounting companies, and particularly the Big Four firms, have celebrated small victories in both the U.K. and Brussels in their long-drown battle to win a Europe-wide cap on the liability auditors are engaged in for checking the books of publicly traded companies. The

22 Mar 2005 01:33 PM

SCi Entertainment Group Plc extended a share offer for its rival Eidos Plc, the producer of ``Tomb Raider’’ video games. Shares of Eidos have lifted considerably in recent five years. SCi (``The Great Escape’’game producer) offers 53.6 pence per share for Eidos. But

22 Mar 2005 09:14 AM

The Securities and Exchange Commission said Monday it approved the fraud settlement that will cost Time Warner as much as $300 million for exaggerating the revenue and subscibers number for its AOL online advertising. The

22 Mar 2005 08:52 AM

The purchase of the Web search engine Ask Jeeves Inc. for $1.85 billion by IAC announced Monday may form the «traffic ecosystem» that will have the potential to expand on Internet advertising and search markets with the ability to compete with Google, Yahoo and MSN. Ask

22 Mar 2005 08:33 AM

After weeks of dramatic bidding war, U.S. business software company Oracle Corp. managed to purchase Retek Inc. for $631, 11.25 per Retek share with its 56.1 million shares outstanding. This Oracle’s acquisition signals about new stage in the long-term struggle for its ahead-running rival SAP, Europe’s

22 Mar 2005 08:25 AM

Internet company Yahoo Inc. has decided to acquire Flickr, photo-sharing website of Ludicorp Research & Development Ltd.. The news was publicly announced by Ludicorp Research & Development Ltd. President Stewart Butterfield on Monday. Yahoo spokeswoman Joanna Stevens confirmed that they made a purchase deal

22 Mar 2005 08:08 AM

The agreement between the U.S. and the EU to use the World Trade Organisation’s definition of subsidies caused a critical argument connecting the EU’s launch aid for Airbus’s projects of A350 and A 380. The U.S. accuses the EU of violation of the WTO’s rules, that creates uncompetitive and unfaithful conditions for other manufacturers like Boeing. The EU, on its part, consistently argues that Boeing benefits from state-level tax breaks

21 Mar 2005 01:44 PM

The Supreme Court spokeswoman reported that U.S. Chief Justice William H. Rehnquist will appear in court after a long-time treatment since he announced in October that he had thyroid cancer. Although

21 Mar 2005 01:13 PM

John DeLorean,80, Ex-General Motors Executive and Developer of Futuristic Sports Car, died March 19 at a hospital in Summit, N.J., after a stroke. He

21 Mar 2005 12:19 PM

Infineon Technologies AG, Europe’s second-largest chipmaker, agreed to pay $150 million to end a five-year patent battle with Rambus.

21 Mar 2005 12:07 PM

IAC/InterActiveCorp, Internet conglomerate, announced Monday it has an option to purchase Web search engine Ask Jeeves Inc. for $1.85 billion to expand on Internet advertising and search markets.

18 Mar 2005 11:06 AM

Samsung released another six portable MP3 players in addition to the eight that are already on the market where Apple is the dominant player.

18 Mar 2005 10:44 AM

Qwest has enlarged the cash part of the bid in its MCI offer on more than a half-billion. And again MCI faces a dilemma: Verizon’s stability or Qwest’s cash.

18 Mar 2005 10:41 AM

Further increase in Viacom Inc. shares was seen this Thursday. The media holding company is going to split its broadcast group from its cable property.

18 Mar 2005 10:33 AM

On Wednesday, Microsoft, the US computer giant, revealed its online search MSN adCenter to expand on the market hugely captured by Yahoo and Google online search engines.