News archive from 20 December 2011

Venezuela's Chavez expected at regional summit

Venezuela's Chavez expected at regional summit

"We've been informed that President Chavez should be attending the Mercosur summit," Uruguayan Foreign Minister Luis Almagro told reporters in Montevideo, where presidents from the Mercosur trade bloc are due to meet. Earlier this month,...

 
AT&T ends $39bn bid for T-Mobile USA

AT&T ends $39bn bid for T-Mobile USA

US telecoms giant AT&T has said it will not pursue its $39bn bid to buy T-Mobile USA after running into fierce government objections. AT&T said the actions of the government to block the deal do not change the problmes faced by the mobile...

BBC, 22:14 in Business
 

AT&T drops $39 billion bid to buy T-Mobile USA

(Reporting By Nicola Leske; Editing by Phil Berlowitz)

 

Cablevision, Verizon settle Internet-speed ad suit

"Cablevision and Verizon have reached an agreement to resolve this dispute without further need for litigation," the companies said in a joint statement. In the lawsuit filed December 6 in Brooklyn federal court, Cablevision accused Verizon...

 
Zynga shares fall in second trading session

Zynga shares fall in second trading session

"Investors aren't interested in Zynga - not at these prices," said Sterne Agee analyst Arvind Bhatia. "The demand post-IPO is what drives the stock price and it's just not there." With these latest losses, Zynga has a market value...

 
VILLA UNDERGOES SURGERY

VILLA UNDERGOES SURGERY

Barcelona striker David Villa has undergone surgery on his broken shinbone and, as expected, is set to be sidelined for between four and five months, the Catalan club have announced. The 30-year-old Villa suffered the injury during the first half of...

Daily Star, 23:13 in Sport
 
RUTH SUNDERLAND: Will Osborne's banking reforms really ensure 'it never happens again'?

RUTH SUNDERLAND: Will Osborne's banking reforms really ensure 'it never happens again'?

Chancellor George Osborne billed it as a radical set of reforms to protect British taxpayers from the excesses of the banks. He trumpeted a dramatic plan for taxpayer-backed Royal Bank of Scotland to be cut down to size, scaling back its risky...

 

Weaker Euro to hurt Red Hat Q4 revenue, shares fall

Red Hat's shares have gained 45 percent since touching a year low in August as growing demand from corporate customers for open-source software like Red Hat Enterprise Linux boosted subscription revenue. However, the muted outlook and a marginal...

 

NDS Group Holdings files for IPO of up to $100 million

The company, established in 1988, became 1999 and News Corp remained its largest shareholder until February 2009, when it was taken private. The filing did not reveal how many shares the company planned to sell or their expected price. The company,...

 
Is this the end of the road for Saab? Motoring giant finally files for bankruptcy

Is this the end of the road for Saab? Motoring giant finally files for bankruptcy

Q&A: Will warranties still be honoured? By LEE BOYCE What about Saab GB? Saab GB, the British arm of the Swedish business, went into administration on November 29 this year after trading in the UK for more than 50 years. The firm distributes cars...

Daily Mail, 23:44 in Auto
 

NDS Group Holdings files for IPO of up to $100 million

The company, established in 1988, became a unit of News Corp in 1992. It was listed on Nasdaq in 1999 and News Corp remained its largest shareholder until February 2009, when it was taken private. Monday's filing did not reveal how many shares the...

 
North Korea: What kind of economy?

North Korea: What kind of economy?

The Democratic People's Republic of Korea (DPRK) has little resemblance to South Korea. They share the same land area, but there the similarities end. There are about 25 million North Koreans (making it the world's 48th most populous country),...

BBC, 23:51 in Business
 
RETURN OF TERRACES REJECTED

RETURN OF TERRACES REJECTED

FOOTBALL chiefs last night ruled out the return of terraces to Premier League and Championship grounds. The Scottish Premier League yesterday said it will consider requests to pilot standing areas following a meeting of their 12 top-flight clubs....

Daily Star, 00:05 in Sport
 
NEIL WARNOCK WANTS 4 STARS

NEIL WARNOCK WANTS 4 STARS

NEIL WARNOCK yesterday told the QPR board he needs to bring in FOUR new faces to boost his side’s Premier League survival bid. The manager and the club’s powerbrokers sat down together at Loftus Road for the first time since the takeover of the club...

Daily Star, 00:05 in Sport
 
MARTIN O’NEILL: CONNOR WICKHAM'S FIT

MARTIN O’NEILL: CONNOR WICKHAM'S FIT

MARTIN O’NEILL has eased fears that Sunderland striker Connor ­Wickham has suffered a recurrence of the knee injury which sidelined him last month. Wickham limped out of the Black Cats’ 1-0 defeat at Tottenham at half-time but will be in the squad...

Daily Star, 00:05 in Sport
 


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