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Pity the remaining inhabitants of Yahoo! On August 1, when its board of directors meets to decide whether to throw out CEO and co-founder Jerry Yang and capitulate to Microsoft, the Siege of Yahoo will have entered, to the day, its sixth month...
...make up over 12% of sales for those titles." Amazon is notoriously tight lipped about sales data, and the new line of business that the Kindle represents for the online retail powerhouse has been especially frustrating for analysts and media to parse. At a technology trade conference in May, CEO Jeff Bezos said that Kindle sales accounted for 6% of book titles sold for the Kindle and in print. So Amazon appears to be selling more e-books...
...hard to find a country that's keeping its head above water," says Véronique Riches-Flores, chief European economist at French bank Société Générale. Business leaders ranging from Sir Stuart Rose at British retailer Marks & Spencer to Renault's CEO Carlos Ghosn are sounding the alarm. At Burberry, the luxury-goods firm, CEO Angela Ahrendts frets about a combination of rising costs, falling demand and a strong euro that cuts into competitiveness. "There's a perfect storm out there," she says. Many investors would agree: this year, stocks across Europe...
...paid more than $6 billion for a 50% stake in TNK-BP, an oil outfit it set up with a consortium of four Russian billionaires. Vladimir Putin, Russia's President at the time, joined Tony Blair, then Britain's Prime Minister, in cheering the joint venture. TNK-BP's CEO, Robert Dudley, hailed it as a "momentous and exciting event" that would "set new benchmarks in the Russian oil and gas industry...
...Foreign Ministry spokeswoman said that in his call to CEO Karsten Ottenberg, Steinmeier underlined the deteriorating situation in Zimbabwe and the mounting calls for stiffer sanctions on the Mugabe regime. She said the ministry had been holding talks with the company for several weeks...