News tagged with economic crisis

US clears Cisco-Tandberg deal

The US Justice Department on Monday approved Cisco's 3.4-billion-dollar purchase of Norwegian video conferencing company Tandberg, saying it would not hamper competition.

dateMar 29, 2010 in Business
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Global Fund seeks cash to fight AIDS, TB, malaria

(AP) -- A global group funding the battle against AIDS, malaria and tuberculosis in impoverished nations worldwide is urging donors to keep paying for the fight even as the economic crisis forces budget cuts.

dateMar 24, 2010 in Other
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Poll shows less fear on health care overhaul

(AP) -- With President Barack Obama's health care overhaul in limbo, Americans' fears about its effect on them eased in January, according to a poll released as the president tries to revive sweeping Democratic legislation.

dateFeb 24, 2010 in Health
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Taiwan Acer's 2009 profit down 3.54 percent

Taiwan's Acer Inc, the world's second biggest computer vendor by revenues, said Wednesday that its profit for 2009 edged down just 3.54 percent from a year ago despite the global economic meltdown.

dateFeb 10, 2010 in Business
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Sony books $870mln quarterly profit

Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".

dateFeb 04, 2010 in Business
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