Google says it has China’s approval for Motorola deal
(Reuters) – Google said on Saturday that Chinese authorities have approved its $ 12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world’s No. 1 Internet search engine to develop its own line of smart phones. Google, which will be the newest entrant to the handset [...]
S. Africa to ban labeling Ahava as ‘made in Israel’ – Jerusalem Post
Haaretz S. Africa to ban labeling Ahava as 'made in Israel'Jerusalem PostBy MICHAEL OMER-MAN, HERB KEINON Foreign Ministry says will summon S. African ambassador; Pretoria says it only recognizes 1948 UN-demarcated borders. Ahava cosmetic products from the Dead Sea and other products produced over the Green Line will no …S. Africa to enforce special labeling [...]
Europe’s debt crisis joins governments and banks at the hip – Los Angeles Times
Sydney Morning Herald Europe's debt crisis joins governments and banks at the hipLos Angeles TimesIn Greece, Spain and elsewhere, much of the national debt is owed to the countries' banks, and disaster for one would almost certainly spell doom for the other. A woman begs outside the headquarters of Greece's central bank in Athens.Greece bridles [...]
Wall St Week Ahead: The market is oversold, but major signs say “sell”
NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end [...]
Wall Street falls before G8 leaders meet on euro zone
NEW YORK (Reuters) – Stocks fell on Friday as investors turned cautious before leaders of the Group of Eight nations met about the euro zone debt crisis and after a shaky market debut by Facebook Inc . The S&P 500 dipped below the 1,300 level, seen as a key support point, for the first time [...]