Steve Jobs, who died on Wednesday, was a singular figure in American business history. He will go in the pantheon of great American entrepreneurs, inventors, and innovators, alongside John D. Rockefeller, Henry Ford, and Sam Walton. Jobs didn’t invent computer technology, or the cell phone, or the notion of digitising music. But he invented methods, ...

Reuters: Switzerland, despite bank settlements with the United States to disclose tax evaders, remains the top refuge for financial secrecy, according to a new international ranking of tax haven countries. Switzerland is the world leader in financial opacity, only grudgingly conforming with disclosure agreements among developed countries while courting tax evaders in developing nations, said ...

Reuters: Tata Motors said late on Friday its group Chief Executive Officer Carl-Peter Forster has resigned with immediate effect, only 18 months after joining the company. Tata, India’s leading maker of trucks and buses and owner of the luxury Jaguar and Land Rover brands, said Forster resigned due to “unavoidable personal circumstances,” but will remain ...

President Mahinda Rajapaksa will inaugurate tomorrow the three-day Rotary South Asia Conference for Development and Cooperation hosted by Sri Lanka. The President will address the ceremonial inauguration on Sunday at 9 a.m. at Galadari Hotel whilst the conference will be held at Cinnamon Grand. Around 300 delegates and speakers of repute from the corporate and ...

DETROIT (Reuters): Toyota Motor Co showed off its all-new Camry on Tuesday, aiming to recover lost sales momentum with price cuts and a high-powered ad campaign for its flagship sedan that remains America’s best-selling car. Sales of the Camry are down 8 percent this year but it is still No. 1 in the United States ...

Exponential 575% rise in comparison to FY2010’s figure of Rs. 155 m; Posts Rs. 829 m net profit attributable to equity holders; Turnover more than doubles to Rs. 10.6 b FY2012 1Q revenue up 162% to Rs. 4.4 b; after tax profit up 257% to Rs. 368 m Assets worth Rs. 34.3 b, up from ...

Reuters: Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth. As fears mount that the developed world is shifting from slow growth to no growth, emerging markets seem to many economists better placed

LOS ANGELES (Reuters): A popular boy wizard, comic-book heroes and some foul-mouthed women are leading Hollywood toward a record-breaking summer despite the sour economy and high unemployment resulting in tightened consumer spending. Underscoring the notion that movies are recession-proof, U.S

By an Independent Analyst The State Assembly of Tamil Nadu (TN) passed a resolution on 8 June 2011, requesting the Indian Central Government to push the international community against Sri Lanka towards imposition of ‘economic sanctions’.  The resolution at the TN assembly moved by Jayalalitha as the Chief Minister passed unanimously with the ruling party ...