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BREAKING BUSINESS WORLD NEWS

People invest money if face is perceived as trustworthy

16 May 2012, 1629 hrs IST

Washington, A team from Warwick Business School, the University College London and Dartmouth College ... more

Asian stocks fall amid political impasse in Greece

15 May 2012, 1048 hrs IST

BANGKOK, Asian stocks quotes at 11. 40 Tuesday. Hang Seng (May 15) 19842.77 107.73 0.55% Nikk ... more

Ally Financial's mortgage unit nearing bankruptcy filing

14 May 2012, 1354 hrs IST

NEW YORK, In a move that could help the taxpayer-owned auto lender to shed its troubled mortgage bus ... more

FEATURED NEWS

	Asian stocks fall amid political impasse in Greece BANGKOK, Asian stocks quotes at 11. 40 Tuesday. Hang Seng (May 15) 19842.77 107.73 0.55% Nikk... MORE

	Ally Financial's mortgage unit nearing bankruptcy filing NEW YORK, In a move that could help the taxpayer-owned auto lender to shed its troubled mortgage bus... MORE

	2012 US campus job fairs were packed this spring NEW YORK, Campus job fairs were packed this spring and more companies are hiring. Students aren't ju... MORE

	Canon fully automating digital camera production to cut costs TOKYO, in an effort to cut costs — a key change being played out across Japan, a world leader in ro... MORE

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	Three failed top JPMorgan executives execs set to leave London, Sources close to the matter said on Sunday three top executives involved with a failed hedgi... MORE

	Facebook's CEO turns 28, to begin trading on Nasdaq Friday NEW YORK, Mark Zuckerberg is no boy-CEO. He famously wears a hoodie, jeans and sneakers, and he was ... MORE

	Obama for US business return from China manufacturing WASHINGTON, President Barack Obama has said it is time that businesses move back their manufacturing... MORE

	Sony slips to a quarter century low; aims to halve TV losses TOKYO, Sony Corp valued at around $15 billion or just 3 percent of rival Apple Inc, this week slippe... MORE

	Europe unity at the crossroads after anti-austerity anger BRUSSELS, In light of the anti-austerity anger expressed this week by voters in France and Greece, ... MORE

	US stocks fall as as borrowing rates climbed for Spain and Italy Washington, U.S. stocks fell sharply Wednesday as borrowing rates climbed for Spain and Italy, a sig... MORE

	Fidelity's Ramona Persaud to run two global equity income funds BOSTON, Fidelity Investments, which manages $1.6 trillion in assets, said on Thursday that Ramona Pe... MORE

	Oil prices drop further on output boost moot LONDON, Brent Crude (May 10) quoted $ 113.00 (-0.20) -0.18% at 11.35 pm Thursday. Crude oil futures... MORE

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	Indian govt readying Rs 13,000-crore demand on Vodafone NEW DELHI, After Indian finance minister Pranab Mukherjee decided against dropping the controversial... MORE

	Elections send euro to three month low; shares fall Greek and French election results rattled investors on Monday by undermining confidence in the regio... MORE

	Japan's Nikkei at three month low on French election worries TOKYO, After elections in France stoked worries about efforts to resolve the euro zone debt crisis a... MORE

	Eldest of three billionaire Kwok brothers arrested in HK graft probe HONG KONG, Hong Kong developer Sun Hung Kai Properties said in a statement that Walter Kwok, the eld... MORE

	Goldman liable for breach of contract claims in CIFG lawsuit NEW YORK, In a ruling made public Thursday, New York state Supreme Court Justice O. Peter Sherwood d... MORE

	U.S.'s Geithner lauds China's exchange rate system reforms BEIJING, China's moves toward a more market-oriented exchange rate system were "very promising", U.... MORE

	Rich compensation guarantees unravel Dewey & LeBoeuf NEW YORK, Dewey & LeBoeuf doled out rich compensation guarantees to attract and keep top-shelf legal... MORE

	California pension fund sues Wal-Mart alleging bribery SAN FRANCISCO, The second largest U.S. public pension fund had sued current and former executives an... MORE

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