New Delhi: Who shall rule in Tamil Nadu, Kerala, Puducherry, Assam and West Bengal? Counting is on and there are not many surprises yet.
Mamata Banerjee is set to make history in West Bengal. Her Trinamool Congress is headed for a landslide win and Kolkata is set to have a new Chief Minister in Didi. [...]
MELBOURNE, Sept 1 (Reuters) – Lazard Ltd’s (LAZ.N) Australian private equity arm is likely to sell two more of its businesses in coming months and will launch a new fund to take advantage of acquisition opportunities in the services sector, its chief said.
Lindsay Phillips, Managing Director of Lazard Carnegie Wylie Private Equity, told Reuters [...]
(Reuters) – Software giant Microsoft Corp (MSFT.O) is looking for a partner in China to help the company play a major role in China’s internet search market, Wall Street Journal said.
Simon Leung, Microsoft’s Chief Executive for greater China, told the Journal in an interview that the company plans to invest about $100 million in Chinese [...]
NEW YORK (Hollywood Reporter) – It took three years, but “Machete,” whose mock trailer was lovingly showcased in the B-picture homage “Grindhouse,” finally hits theaters Friday.
And anyone whose appetite was whetted by that teasing coming attraction no doubt will be satiated by Robert Rodriguez and co-director Ethan Maniquis’ full-length incarnation, which delivers everything that was [...]
(Reuters) – Housing prices across South Korea held steady in August from July while annual growth slowed for a fourth consecutive month to a seven-month low, data from the country’s top lender showed on Wednesday.
The housing price index compiled by Kookmin Bank rose 2.3 percent in August from a year earlier, the slowest since a [...]
(Reuters) – Three Armenian soldiers and two Azeris were killed in an exchange of fire on the Nagorno-Karabakh front-line on Tuesday, Azerbaijan’s Defence Ministry said, in the latest clash over the disputed region.
In a statement on Wednesday, the Defence Ministry blamed Armenia, saying Armenian soldiers had “crossed the line of contact and tried to attack [...]
LOS ANGELES (Hollywood Reporter) – Bravo is renewing two of its “Real Housewives” hits for additional seasons.
The “New Jersey” edition will return for a third season next year, while “New York” will be back for a fourth round.
The news comes on the heels of Monday night’s drama-filled “Real Housewives of New Jersey” reunion show. Part [...]
Hey, shut up and listen to this: A majority of a new survey’s respondents think Americans are getting more rude!
Conducted in August by Rasmussen Reports, the survey asked, “Are Americans becoming kinder and gentler or more rude and less civilized?” The 14 percent who picked “kinder and gentler” were vastly outnumbered by the 69 percent [...]
LOS ANGELES (Hollywood Reporter) – Noted Hollywood environmentalist Ted Danson will play a win-at-all-costs oilman in a rare foray into feature work.
He has joined the lineup of “Everybody Loves Whales,” the true story of a small-town reporter (John Krasinski) and a Greenpeace volunteer (Drew Barrymore) who enlist the rival superpowers to save three majestic gray [...]
COMO, WESTERN AUSTRALIA, Sep 01 (MARKET WIRE) —
The Directors of Medusa Mining Limited (TSX: MLL)(ASX: MML)(AIM: MML)
(”Medusa” or the “Company”) give notice that a general meeting of members
will be held at the Esplanade River Suites, 112 Melville Parade, Como,
Western Australia on 6 October 2010 at 10.00 am (Perth time) (”Meeting”).
FRANKFURT, Sept 1 (Reuters) – Commercial banks increased the
amount they borrowed from the European Central Bank’s emergency
overnight window on Wednesday, keeping it above 1.4 billion
euros for the third day running.
The central bank reported the following daily data on
liquidity provision, in millions of euros. Click ECB40 for
(Reuters) – Taiwan’s Compal Electronics Inc (2324.TW), the world’s No.2 contract laptop maker, said on Wednesday it expects third quarter shipments to fall by a single digit percent from the second quarter, but pick up in the fourth quarter.
Compal President Ray Chen also told an investor conference that fourth-quarter shipments would rise 10 percent over [...]
(Reuters) – Sweden’s leading economic think tank raised its outlook for the Nordic country’s output in 2010 to 4.3 percent and for 2011 to 3.4 percent on Wednesday.
The National Institute of Economic Research (NIER) forecast compared with a previous outlook in June, when it saw the economy growing 3.7 percent this year, slowing to 3.0 [...]
(Reuters) – Finnish cargo handling equipment maker Cargotec (CGCBV.HE) said on Wednesday it will start lay off talks at its unit in southern Finnish city of Tampere and estimated some 95 jobs could be cut.
The firm said it planned to transform its manufacturing unit in Tampere into a technology centre with a testing workshop in [...]
(Reuters) – JPMorgan Chase & Co (JPM.N) said on Wednesday it has appointed Ray Eyles to head its commodities business in Asia Pacific, replacing Oral Dawe, who is retiring.
Eyles, a trading specialist and formerly the head of Global Commodities Strategic Trading in London, was in-charge of the desk which has fewer than 20 traders, with [...]
XINYU CITY, China and SUNNYVALE, Calif., Sept. 1 /PRNewswire/ — LDK Solar Co., Ltd. (”LDK Solar”; NYSE: LDK), a leading manufacturer of solar wafers and PV products, announced today the filing of an objection for an Arbitration before the China International Economic and Trade Arbitration Commission (CIETAC) in Shanghai, China against Canadian Solar, Inc. (CSI), [...]
SHANGHAI, Sept 1 (Reuters) – Gold prices touched a fresh
two-month peak on Wednesday on persistent worries of a downturn
in the United States and strong demand for gold-backed
exchange- traded products.
Spot gold prices XAU= rose 56 cents $1,249.55 an ounce by
0654 GMT, having touched a two-month peak of $1,250.55 shortly
Holdings in the SPDR Gold [...]
(Reuters) – European shares rose on Wednesday, led by mining stocks boosted by a manufacturing rebound in China and the media sector after Vivendi (VIV.PA) raised its annual profit targets.
Miners were buoyed by optimism about China’s manufacturing base after positive purchasing manager data. Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Rio Tinto (RIO.L) and [...]
(Reuters) – China’s key stock index .SSEC closed down 0.6 percent on Wednesday, reversing slight gains earlier in the day, with investors selling off small caps which had outperformed the broad market in a recent rally.
The Shanghai Composite Index .SSEC finished at 2,622.9 points, paring brief gains made following data showing China’s manufacturing sector picked [...]
(Reuters) – Privatisation of Russia’s biggest lender Sberbank SBER.MM should take place on the open market, the bank’s chief executive German Gref said on Wednesday.
“It is better to sell on the market, but if there is an investor who is willing to offer a premium, then this could be considered,” Gref told journalists. “Sale on [...]