London Stock Exchange will provide Real Time Data to Yahoo

According to media reports, the London Stock Exchange will now be providing real time market data to Google to give a boost to the Google Finance offering which will be giving free access to the prices of London shares which were previously provided with a delay of 15 minutes.This measure ... Read More

China: Lower Court Orders to remove iPads from Shops

Published By Lynn On Tuesday, February 21st 2012. Under Business Tags: Apple Inc, China, Shenzhen Proview Technology

The dispute over the trademark of Apple’s iPad deepened after a company named Shenzhen Proview Technology, based in China, claimed that it has ownership of the name and added that it had also won a ruling by the court against the sales of these tablet computers in China.A lawyer for ... Read More

Alibaba bids to take listed unit private

Published By StarCityNews On Tuesday, February 21st 2012. Under Business Tags: alibaba, alibaba group, Alibaba.com, chinese e-commerce, hk, Hong Kong, Investors, ipo, private, public, Stock, u.s. internet, yahoo.

Chinese e-commerce firm Alibaba Group has offered near $2.5 billion to take its Hong Kong-listed Alibaba.com unit private, stating the move was unrelated to any possible deal to buy back shares owned by Yahoo Inc. Alibaba Group is offering investors HK$13.50 or $1.74 US dollars in cash per share to take ... Read More

Walmart to Buy Shares in Yihaodian, An e-Commerce Firm from China

Published By Lynn On Monday, February 20th 2012. Under Business Tags: china market research group, china operations, chinese e-commerce, food scandals, james roy, wal-mart, yihaodian

On Monday, Wal Mart stores Inc said that it will be taking a major stake in Yihaodian, a Chinese e-commerce firm. As the competition is getting fierce in the fastest growing economy of the world, the largest retailer is trying to find new avenues of revenue streams. The announcement came just ... Read More

General Motors Reports Profit

Published By StarCityNews On Thursday, February 16th 2012. Under Business Tags: bankruptcy, chrysler group, federal bailout, fort motor, General Motors, GM, record annual profit, us automakers

General Motors reported a record annual profit Thursday, two years after the nation's largest automaker emerged from bankruptcy with the help from a federal bailout. With rivals Ford Motor and Chrysler Group having reported profits for last year, 2011 marked the first time since 2004 that all three major U.S. automakers ... Read More