The Artesian Blog takes a look at the business headlines. For personalised daily news, contact Artesian
Yahoo! and Microsoft to seal deal to rival Google - Microsoft and Yahoo! have finally agreed an online search and advertising partnership in a bid to rival Google.
The revenue sharing deal is expected to be announced later today, more than a year after Yahoo! rejected a $47.5 million takeover bid from Microsoft and Yahoo!'s attempt to seal a search advertising deal with Google fell apart under regulatory scrutiny. (full story)
Peugeot Citroen plunges into loss - France's biggest carmaker, PSA Peugeot Citroen, has reported a six-month loss after its sales fell by more than a fifth compared with a year earlier.
The firm made a net loss of 962m euros ($1.4bn; £830m) between January and June, compared with a profit of 733m euros for the same period in 2008. (full story)
£1bn scheme to create 'soft jobs' - A billion pounds is to be spent on creating tens of thousands of "soft" public sector jobs for unemployed people including dance assistants, tourism ambassadors and solar panel engineers.
The taxpayer-funded jobs are being created by councils, quangos and charities under a Government scheme to remove 150,000 people from the unemployment register over the next two years. (full story)
American Air seeks alliance with BA - American Airlines expects to win U.S. approval by October to form an alliance with British Airways (BAY.L) and Spain's Iberia (IBLA.MC), and it is pinning its hopes on intra-alliance competition and global partnerships to help it survive, an executive said on Wednesday.
American Airlines parent AMR (AMR.N), British Airways, Europe's third-largest carrier by revenue, and Iberia have applied for U.S. government antitrust immunity to form a trans-atlantic alliance to work together on fares, schedules and cost cutting. (full story)
Manufacturers to get £150 million boost - A £150 million package is being launched today to help manufacturers take advantage of emerging technologies.
Adam Marshall, director of policy at the British Chambers of Commerce, says: ‘The government’s investment is a welcome boost for new technologies, particularly in aerospace, where the UK has a competitive advantage.’ (full story)
2 comments:
Wow! Finally Microsoft has reached a deal Yahoo for an internet search partnership. Will the newly announced deal between giants Microsoft and Yahoo be a good thing? Got to wait and see. But atleast Microsoft and Yahoo deal is straightforward and not complex at all and ofcourse, the negotiation talks have been going for long. I was just curious to know all the past negotiations between Microsoft and Yahoo so collected all the articles and links (more than 200) related to the current merger and the previous events or negotiations between Microsoft and Yahoo. If you are interested check the link below.
http://markthispage.blogspot.com/2009/07/saga-of-microsoft-and-yahoo-from-2007.html
That is quite a list, thanks for that. It certainly will be interesting to see what the future holds. Must only be a matter of time before a response from Google heads our way!
Post a Comment