Reuters Business News: Google Baidu eye online video business in China - MSN Money
Industry sources told Reuters this week that the two Internet search leaders have independently had early discussions with some local video Web sites for potential business cooperation or possible acquisitions. However neither Internet giant has secured a specific target yet said the sources with knowledge of the situation.

December 15, 2006 @ 9:59 AM · Filed under Uncategorized
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Reuters Business News: Japan Tobacco to buy Gallaher for $14.7 bln - MSN Money
The takeover could help Japan Tobacco offset declining cigarette sales in Japan and reinforce its position as the world’s third-largest tobacco firm behind Marlboro maker Altria Group Inc. and British American Tobacco Plc “JT wants to boost its global market share with one big purchase ” Fitch Ratings analyst Satoru Aoyama said.

December 15, 2006 @ 9:59 AM · Filed under Uncategorized
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Reuters Business News: Bernanke urges China to let yuan rise - MSN Money
Monetary policy may be constrained by the lack of a reliable monetary transmission mechanism and by the relative inflexibility of the exchange rate which inhibit the central bank’s ability to keep inflation low and to stabilize the economy ” Bernanke said in remarks prepared for delivery to the Chinese Academy of Social Sciences in Beijing. “Further appreciation of the …

December 15, 2006 @ 9:59 AM · Filed under Uncategorized
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