Oracle names ousted HP CEO Mark Hurd co-president, board member; co-president Phillips resigns
SAN FRANCISCO - Oracle Corp. has announced former Hewlett-Packard Co. CEO Mark Hurd is joining the database software maker as co-president.
Oracle said in a statement Monday that Hurd will also serve as a member of the board of directors. He will report to CEO Larry Ellison.
In the statement...
Monday , September 06, 2010
WTO chief wants G20 leaders to discuss pushing forward global trade deal
SEOUL, South Korea - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday.
World Trade Organization talks aimed at a new global commerce pact ? the so-called Doha round named after...
Monday , September 06, 2010
Detroit’s loss is Abu Dhabi’s gain: Gulf sovereign wealth fund hires GM top economist Ted Chu
DUBAI, United Arab Emirates - The Mideast’s biggest sovereign wealth fund has hired General Motors’ top economist to help it decide how it invests the hundreds of billions of dollars it manages.
The Abu Dhabi Investment Authority named Ted Chu as its chief economist Monday. He will be based ...
Monday , September 06, 2010
GM’s Opel chooses Eurovision Song Contest winner ’Lena’ to boost its brand’s image
BERLIN - General Motors’ subsidiary Adam Opel GmbH says it has signed-up the winner of the European Song Contest as its new brand image.
Opel spokesman Christof Birringer said Sunday singer Lena Meyer-Landrut, known as "Lena", was introduced as the new face for the company’s cars during a su...
Sunday , September 05, 2010
Uncertainty surrounds rate announcement; markets try to counter September effect
TORONTO - The Canadian dollar could be in for some volatility this coming week as the Bank of Canada comes out with its latest announcement on interest rates Wednesday.
The dollar ended last week at the 96-cent mark and currency markets aren’t really sure which way the central bank will lean...
Sunday , September 05, 2010
