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New York prepares lawsuit against Credit Suisse: source

YoopyaNov 20, 20120

(Reuters) – The New York attorney-general is preparing to file a civil lawsuit against Credit Suisse (CSGN.VX) for misleading investors who lost billions of dollars

Insight: The Mittelstand – one German product that may not be exportable

YoopyaNov 17, 20120

(Reuters) – Philipp Klais, who runs the organ manufacturer in Bonn that his great-grandfather founded in 1882, gets requests every week from foreign officials as

Twinkies maker Hostess plans to go out of business

YoopyaNov 16, 20120

(Reuters) – Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, has sought a U.S. court’s permission to go out of business after failing to

Exclusive: Google Ventures beefs up fund size to $300 million a year

YoopyaNov 9, 2012December 19, 20230

(Reuters) – Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google

Plaintiffs, BP urge judge to approve $7.8 billion spill settlement

YoopyaNov 9, 20120

(Reuters) – BP Plc and lawyers representing over 100,000 individuals and businesses claiming economic and medical damages from the 2010 Gulf of Mexico oil spill

Analysis: Washington, Wall Street misreading each other again as cliff nears

YoopyaNov 6, 20120

(Reuters) – Exit presidential elections. Enter looming budget crisis. And once again, a disconnect between how Washington and Wall Street see the world could cause

Baidu in 60% income rise as advertising revenues surge

YoopyaOct 30, 20120

Baidu, China’s biggest search engine, has reported a 60% rise in quarterly net income to 3.01bn yuan ($478m; £299m) compared to last year. Baidu said

UBS cuts 10,000 jobs as it slims down investment bank arm

YoopyaOct 30, 20120

Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities. The jobs will go over the

Wall Street turns negative as early gains fade

YoopyaOct 25, 20120

(Reuters) – Stocks erased early morning gains and turned negative, weighed down by declines in the materials and telecom sectors. The Dow Jones industrial average dropped 21.92

Insight: Nevada struggles with dark side of Macau casinos’ growth

YoopyaOct 24, 20120

(Reuters) – For Nevada gaming companies grappling with a weak economy and a splintering market at home, the Asian casino boom has been a godsend.