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What is the impact on Apple when Job’s health deterioriates?

New York – There’s a lot riding on Steve Jobs’ pancreas. After Apple’s CEO announced on Monday that he would be taking a medical leave of absence-his third-skittish investors sent the company’s stock tumbling. Those investors had every reason to be nervous. Apple’s public face has always been a very private soul. And the company …

Bing annoys MSN partners

Global – Microsoft’s devotion to Bing is straining some of its MSN partner relationships and has even cost the company some cash. The portal’s sales staff has been irked for some time by Microsoft posting myriad links to Bing on the home page rather than to MSN properties, the New York Post reported. And more …

Groupon continues global expansion

Global – Collective buying site Groupon has continued its rapid growth around the world via acquisition, extending its reach across India, the Middle East and South Africa. Groupon has launched Groupon India, Groupon Israel and Groupon South Africa by acquiring local daily deal sites Sosasta, Grouper and Twangoo respectively. All three sites will transit to …

What is the country that pays the highest bonuses?

Singapore – Bonuses for Singaporeans this year are set to be the highest in Asia for 2011. According to a recent poll by human resources consultancy firm HR Business Solutions (HRBS), bonuses for Singaporeans this year are set to be 17% of the annual base pay. That works out to be about two months’ salary, …

SingTel fined $130,000 over ISP tariffs

January 15, 2011 | Author: candyce | Posted in Corporate finance, General, Mobile Cell Phone

SINGTEL has been fined a total of $130,000 for selling an unapproved wholesale discounted broadband service and for offering the discount to only one Internet service provider (ISP). ISPs buy wholesale services and then retail them to home and business users. The Infocomm Development Authority of Singapore (IDA) said on its website it had decided …

What is the government’s ways of cooling the property market?

SINGAPORE—The Singapore government unveiled more measures to stabilize prices in the city-state’s housing market, which it says could rise beyond “sustainable levels.” The moves come less than five months after an earlier set of measures aimed at curbing speculative activity in Singapore’s property market and at a time when Asian economies face mounting inflationary pressures …

Bankers’ fixed pay in “worrying” trend

Singapore – In light of new financial regulations, banks have plans to raise fixed pay for staff, a trend which Standard Chartered Bank Asia’s chief executive, Jaspal Bindra describes as “worrying”. In December, the European Union (EU) approved regulations that restrict how much senior bankers can receive in bonuses, in an effort to curb excessive …

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