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Former UBS chief refuses millions
BERN, SWITZERLAND - Former UBS AG chief executive officer Peter Wuffli has renounced 12 million Swiss francs ($10.2-million U.S.) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, themore
Lufthansa lifts its game in GCC market
STEINBACH: Lufthansa?s seat load factors out of the UAE average 80%. Lufthansa has signaled its confidence in the GCC market by boosting its winter schedule to the region. The German flag carrier has introduced non-stop flights from Abu Dhabi tomore
Fujitsu Siemens launches new enterprise server
Fujitsu Siemens Computers has launched its Primergy RX600 S4 rack server, which uses Intel's new six-core Xeon MP 7400 processor, codenamed Dunnington. Available immediately in the Middle East, it is aimed at larger enterprises that need high performancemore
Ecuador Allows Repsol To Stay
Ecuador's government will continue to allow Spanish oil major Repsol YPF to operate in the country, Business News Americas reports. Repsol operates block 16 as well as the Bogui Capir?n and Tivacuno fields. The company agreed to sign a one-year accordmore
Former UBS chief refuses millions
BERN, SWITZERLAND - Former UBS AG chief executive officer Peter Wuffli has renounced 12 million Swiss francs ($10.2-million U.S.) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, themore
Vodafone Expected to Announce Job Cuts this Week
Vodafone Expected to Announce Job Cuts This Week Vodafone is expected to announce a series of cost cuts aimed at generating savings of £1 billion (US$1.6 billion) a year - and could leads to substantial job cuts in its European workforce. The companymore
EC warns BNP for violating electoral code of conduct
The Election Commission (EC) yesterday said BNP has violated the electoral code of conduct for the ninth parliamentary election by turning the reception accorded to party chief on November 7 in Chittagong into an electoral showdown.Directed by EC, itsmore
BNP pulls for bill, loan defaulters
BNP yesterday demanded fresh poll schedule for the ninth parliamentary election so that its prospective leaders who have been declared loan and utility bill defaulters can take part in it. Terming the Election Commission's (EC) new poll schedulemore
Taiwanese OEMs Switching from Ericsson to Qualcomm for 3G Phones
Taiwan's handset manufacturers are increasingly switching from the Ericsson mobile phone platform to Qualcomm's own handset platform - report local industry sources. Sources told DigiTimes that because HTC has had good success with its Qualcomm-based 3Gmore
Nokia Shows Off Ferrari Branded Mobile Phones
Nokia's luxury phone division, Vertu has announced the release of three new editions to the its stable of Ferrari branded mobile phones. The Vertu Ascent Ti Ferrari Nero will comprise of 2009 limited edition handsets in sleek black leather, while themore
Former UBS chief refuses millions
BERN, SWITZERLAND Former UBS AG chief executive officer Peter Wuffli has renounced 12 million Swiss francs ($10.2-million U.S.) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began,more
Jordan, Shell nearing accord for oil shale exploitation
Amman - The Jordanian government has almost concluded an agreement with Shell for the exploitation of the country's oil shale resources, the Director General of the Natural Resources Authority, Maher Hijazine, said Sunday. 'We expect negotiations to bemore
SAP tweaks support offerings
SAP will extend maintenance for its ERP 6.0 platform and other products until 2017, and in a partial olive branch to angry customers, has sweetened the feature set of its Enterprise Support service, the company said Thursday. The maintenancemore
Weekend tips round-up: Old Mutual, Rentokil, Mears
The bold investor may take a punt on Old Mutual shares in light of more positive developments in the US business. But Old Mutual is also the most risky investment in the insurance sector and investors will find more stability elsewhere. Avoid says themore
Renault workers sign up for departure plan: lawyer
AFP/File ? The logo of Renault. Workers at French carmaker Renault have fully taken up a voluntary departure plan, ? Related Quotes Symbol Price Change 8,943.81 +248.02 930.99 +26.11 1,647.40 +38.70 PARIS (AFP) ? Workers at French carmaker Renaultmore
UBS: ex-executive renounced $10M in exit pay
BERN, Switzerland -- Former UBS AG Chief Executive Peter Wuffli has renounced 12 million Swiss francs ($10.2 million) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, the bank saidmore
Former UBS chief refuses millions
BERN, SWITZERLAND - Former UBS AG chief executive officer Peter Wuffli has renounced 12 million Swiss francs ($10.2-million U.S.) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, themore
Western European PC shipments up 17.7%, but UK market ?weaker?
PC shipmentsin Western Europe grew 17.7% in the third quarter, said analyst Gartner, but the UK market was weaker than other countries. The analyst said third quarter PC shipments totalled 13.8 million units, a 17.7% increase on the same quarter lastmore
UBS: ex-executive renounced $10M in exit pay
A bank spokeswoman confirmed what Wuffli, who left Zurich-based UBS in July 2007, told the weekly NZZ am Sonntag in an interview Sunday. 'I understand the widespread indignation,' Wuffli said in disclosing that he already had turned down a payment ofmore
Roche sticks by $43.7 billion Genentech bid: report (Reuters)
Reuters ? A logo is pictured on Swiss drug makers Roche plant in Kaiseraugst near Basel, July 21, 2008. (Christian ? Related Quotes Symbol Price Change 83.46 +1.66 930.99 +26.11 1,647.40 +38.70 ZURICH (Reuters) ? Roche Holding AG (ROG.VX) ismore
UBS: ex-executive renounced $10M in exit pay
BERN, Switzerland -- Former UBS AG Chief Executive Peter Wuffli has renounced 12 million Swiss francs ($10.2 million) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, the bank saidmore
Results of the October 2008 bank lending survey for the euro area
Identifiant : Mot de passe : [ Mot de passe oublié ] The European Central Bank (ECB) is today publishing its report on the results of the October 2008 bank lending survey for the euro area. The bank lending survey has been developed by the Eurosystem inmore
ECB publishes a book entitled ?A strategic vision for statistics: challenges for the next 10 years?
Identifiant : Mot de passe : [ Mot de passe oublié ] The European Central Bank (ECB) is today publishing a book entitled A strategic vision for statistics: challenges for the next 10 years. The book contains the proceedings of the Fourth ECBmore
Alcatel-Lucent signs non-UK network transformation contract with BT
Identifiant : Mot de passe : [ Mot de passe oublié ] Contract to improve & optimise BTs non-UK legacy network Paris, November 7, 2008 - Alcatel-Lucent (Euronext Paris and NYSE:ALU) today announced a seven-year extension of its partnership with BT (LSE:more
Lloyds TSB backs HBOS with loan
? ? Bin Laden son rejected by Egypt ? Tropical Storm Paloma churns over Cuba ? Mideast mediators try to keep peace talks afloat ? Germany warns of anti-Semitism on 'Kristallnacht' ? Calzaghe keeps options open after win ? Artist tomore
Corporate UK facing compliance time bomb during a period of economic uncertainty!
Identifiant : Mot de passe : [ Mot de passe oublié ] - 60% of UK companies do not see a risk to their business from pirated software and 43% do not perceive a risk from a lack of compliance - IT managers have got their heads in the sand when it comes tomore
Debut of Eni Energy Store: the right solution for families energy needs
Identifiant : Mot de passe : [ Mot de passe oublié ] Following the integration of Italgas Piu' with the Eni Gas & Power Division, Eni has launched an ambitious project to raise the profile of its franchising network, reaching more than 1.2 million usersmore
Alcatel-Lucent names Adolfo Hernandez as head of the Europe, Middle East and Africa Region
Identifiant : Mot de passe : [ Mot de passe oublié ] Paris, November 6, 2008 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that Adolfo Hernandez, a senior executive with a broad industrys experience, will join the company as head ofmore
Alstom improves its commercial and financial performance
Identifiant : Mot de passe : [ Mot de passe oublié ] Record backlog and 36% increase of net income during the first semester 2008/09. Between 1st April 2008 and 30th September 2008, Alstom set a new record with order intake exceeding 15 billion, up bymore