Infineon aims to grow faster than market
Frankfurt: Germany's Infineon Technologies, Europe's second largest chip maker, said on Friday it aimed to grow 50 per cent faster than the markets in which it competes without losing profits, by keeping investments low.
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Bloomberg has a $11bn dream for Manhattan
New York: New York City's mayor on Thursday outlined his $10.6bn vision to galvanise struggling lower Manhattan, drawing residents, tourists, and foreign firms by offering federal tax breaks and subway links to airports and by creating new land in the harbour.
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Playing it safe: Auditors hike fee, cut client base
New York: Top accounting firms like PricewaterhouseCoopers are hiking fees and ditching unprofitable clients, because a string of corporate accounting scandals has made auditing time-consuming and risky.
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Tyco probe may not reveal all
New York: Tyco International's internal probe is unlikely to settle issues over whether the conglomerate appropriately accounted for many of its acquisitions, the Wall Street Journal reported in its online edition on Friday, citing people familiar with the matter.
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Gold sponges its sparkle from global flashpoints
London: The latest sparkle on gold that has lifted the metal to its highest price in three years is unlikely to dim as long as world tensions remain near flashpoint, analysts said on Friday.
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Cellphone companies offer help to dispose of old handsets
Hong Kong: Electronic industry giants pledged on Thursday to help ensure the hundreds of millions of mobile phones that enter the market each year are disposed of in an environmentally-sound way when their life ends.
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