Calif. teachers fund to boost clean energy bets

The California State Teachers' Retirement System says it plans to increase its investments in clean energy and technology to $3.7 billion, from $1.4 billion, over the next five years.

Women's 'safe' choices hinder future funds

WA researchers have discovered that women tend to choose lower-risk superannuation investment options than men, further compounding the factors that impact their capacity to accrue sufficient savings for their retirement.

Dell's 2Q earnings fall 72 pct amid PC sales slide (Update 2)

Dell's woes worsened during its most recent quarter as the slumping personal computer maker resorted to rampant price cutting to slow a sales decline driven by a growing reliance on smartphones and tablets to connect to the ...

EU clears BC 3.3-bn-euro takeover of Springer Science

The European Commission cleared on Thursday the 3.3-billion-euros takeover of German scientific, medical and technical publisher Springer Science by British investment fund BC Partners.

Indian e-commerce firm Flipkart raises $200 mn funds

India's top e-commerce company Flipkart said Wednesday it has raised $200 million from private investors in what it called the biggest one-time investment in an Indian online retail firm.

Bebo founders buy website back for just $1 mn

The British couple who sold social networking site Bebo for $850 million (655 million euros) five years ago have bought back the company for just $1 million and say they will relaunch it.

NEC swings to annual net profit

Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.

22 bidders join Myanmar mobile telephone battle

Vodafone, China Mobile and an investment fund linked to billionaire George Soros are among 22 bidders vying to enter Myanmar, one of the world's last unexplored mobile telephone frontiers.

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