Felix Nilsson

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Indian stock market hits record high - BBC News

Stock Markets

IBM Has Stopped Fighting Amazon's $600 Million Cloud Deal With The CIA

IBM, which had put in a competitive bid, protested the contract. It said it was going to appeal this court decision, too. But a few days ago, IBM officially gave up the legal fight, reports Federal Computer Week's Frank Konkel.<p>From court documents we learned that Amazon's bid was a whopping $54 …

Fifth of wine sold worldwide is 'fake'

A fifth of global wine sales involve forgeries, it has been claimed, a day after a Frenchman was jailed for selling fake Grand Crus labels to an unsuspecting Bordeaux collector<p>Counterfeit wine accounts for some 20 per cent of international sales, according to unofficial wine industry estimates …

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Manufacturing leads recovery in global economy

Britain, China, Japan, South Korea, India and US report rise in production and demand, but economists warn of risks to growth<p>Manufacturers around the world enjoyed a pick-up in activity last month, bolstering hopes the global economy is gathering steam.<p>A raft of surveys suggested production and …

Wal-Mart kick starts holiday shopping online

World's largest retailer debuts 7 big deals usually saved for day after Thanksgiving.<p>NEW YORK (AP) — Wal-Mart Stores Inc. is upping the ante on holiday shopping.<p>The world's largest retailer is pulling forward by nearly a month seven big deals on items like TVs and tablets that were originally …

Banks afraid of joining $4.7 billion BlackBerry bid, says Reuters

In September a Canadian investment firm made a $4.7 billion buyout offer to BlackBerry — but banks are so skeptical about the former smartphone giant the firm is reportedly having trouble raising the funds. <i>Reuters</i> reports that Fairfax Financial Holdings has found that several large banks don't want …

Users cry out after Instagram’s first ever advert

The first advert on Instagram, the social photo app owned by Facebook, was published on Friday to a chorus of complaints from users.<p>The glossy …