Cisco Systems Inc warned that it will fare worse this quarter than Wall Street had feared, and laid out plans for global job cuts as it struggles to revive growth.
Toyota's quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting car production.
Google's lucrative online advertising system is facing a U.S. government investigation that is expected to cost the Internet search leader at least $500 million.
Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office, sending its shares down 3 percent.
Skype's owners, led by private equity firm Silver Lake , are set to earn more than three times their investment, for a total capital gain of more than $5 billion, on the sale of Skype to Microsoft Corp.
Microsoft Corp. says it will buy the Internet phone company Skype for $8.5 billion in cash.
Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major US social networking site.
Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt.
Oil prices fell to near $101 a barrel Tuesday in Asia as traders anticipated a further rise in weekly US crude inventories in a sign of weakening demand.
China Nonferrous Metal Mining Co(Group) (CNMC), the country's non-ferrous metal giant, is expecting two of its major overseas projects to begin operation this year, said Luo Tao, general manager of the group.
US stock investors head into this week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.
Apple has overtaken Google as the world's most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown.
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