Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
Ex-pat Kiwi Greg Foran has been named as head of Wal-Mart's US division. The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
Alan C. �Ace� Greenberg, who as chief executive officer of Bear Stearns Cos. transformed a small bond shop into the fifth-largest U.S.
... * Chinese fishermen get homegrown satellite navigation system virtually free. * In Hainan, fishermen encouraged to go to disputed South China Sea.
French consumer products and dairy giant Danone SA (DANOY.PK) is in talks to sell its medical nutrition unit to U.S. pharmaceutical and medication delivery company Hospira, Inc. (HSP: Quote) in a cash and stock deal that could value the unit at nearly $5 ...