Friday, April 18, 2014
   
Text Size

Site Search powered by Ajax

Business

First major US drugstore drops cigarettes

CVS Caremark has announced that it will stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the US to take cigarettes off the shelf.

Read more: First major US drugstore drops cigarettes

   

Microsoft names veteran Nadella as CEO

Microsoft has named company veteran Satya Nadella as its next chief executive officer, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August.

Nadella, 46, is only the third chief executive in Microsoft's 39-year history, following co-founder Bill Gates and Ballmer.

Microsoft also said on Tuesday that John Thompson, lead independent director, would succeed Gates as chairman.

Read more: Microsoft names veteran Nadella as CEO

   

EU report: Corruption widespread in the bloc

Almost half of European businesses say corruption is a problemCorruption affects all 28 member countries of the European Union and costs their economies about $162.19bn (120bn Euros) a year, according to an European Union report.

Read more: EU report: Corruption widespread in the bloc

   

India's popular small cars fail crash tests

Several of India's most popular small cars have failed independent crash tests, a global car safety watchdog has said.

Read more: India's popular small cars fail crash tests

   

Tamil Nadu chief minister faces tax trial

India’s apex Supreme Court has ordered the prosecution of Tamil Nadu Chief Minister J Jayalalithaa for not filing income tax returns during the years 1991 to 1994.

Read more: Tamil Nadu chief minister faces tax trial

   

Fed cuts stimulus despite market turmoil

The Federal Reserve decided to trim its bond purchases by another $10bn as it stuck to a plan to wind down its extraordinary economic stimulus despite recent turmoil in emerging markets.

Read more: Fed cuts stimulus despite market turmoil

   

Google to sell Motorola unit to Lenovo

China's Lenovo Group is said to be in the final stages of buying Google's Motorola handset division for close to $3bn, in what may be the company's leeway into a heavily competitive US handset market dominated by Apple.

Read more: Google to sell Motorola unit to Lenovo

   

US tech giants to reveal spy agency demands

The US government and leading internet companies have agreed to a compromise allowing companies to reveal how often they are ordered to turn over information about their customers in national security investigations.

Read more: US tech giants to reveal spy agency demands

   

Bitcoin men face money laundering charges

US prosecutors have announced charges against two men operating Bitcoin exchange businesses for trying to sell $1m in the digital currency to users of the underground website Silk Road, shut down by authorities in September.

Read more: Bitcoin men face money laundering charges

   

Stocks fall on emerging-market concerns

US stocks have fallen in the wake of a sell-off in emerging-market assets, hurt by growth concerns in China and rising expectations that the Federal Reserve will slow its market-friendly stimulus measures further.

Read more: Stocks fall on emerging-market concerns

   

Page 6 of 7

Make a donation to MWC News

Enter Amount:

Featured_Author

Login






Login reminder Forgot login?
Register Register

Subscribe to MWC News Alert

Email Address

Subscribe in a reader Facebok page Twitter page