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irishtimes-com
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Sony may win EMI deal approval -
A Sony-led group is set to
win approval from European antitrust regulators for its $2.2 billion (€1.7 billion) purchase of EMI's music publishing business, it was reported this morning.
US warns Europe on austerity risk -
US treasury secretary
Timothy Geithner today said it was important that debt-stricken European nations avoid moving too sharply with immediate budget cuts and tax hikes, since that could undermine growth and chances for reform.
Yahoo reports rare revenue growth -
Yahoo has reported an increase in revenue, marking its first quarterly sales growth in three years, as new chief executive Scott Thompson outlined his plan to revamp the struggling internet company.
Italy delays balanced-budget target -
Italy will delay by a year its plan to balance the budget in 2013 due to a weakening economic outlook, according to a draft document due to be approved by the cabinet of prime minister Mario Monti today.
Tesco unveils £1bn business revamp -
Food retailer
Tesco is planning spend £1 billion (€1.2 billion) this year overhauling its core UK business as it seeks to
win back market share, restore sales growth and calm nervous shareholders.
Intel predicts higher Q2 sales -
Intel, which employs nearly 4,000 people in
Ireland, predicted higher second-quarter sales than some analysts had estimated as it ships new personal-computer and server chips and shortages of hard drives abate.
IBM raises full-year outlook -
IBM raised its full year outlook after it posted a 15 per cent rise in first quarter earnings on strong demand for its software services and growth in emerging markets.
IMF report praises Irish policy makers -
Irish policy-making institutions have been compared favourably to those of
Portugal in a new study by the International Monetary Fund on how the two countries have implemented measures to address their respective budgetary crises.
Spain's borrowing costs to rise -
Spain will see its borrowing costs leap when it sells short-term debt today, a day after investor concern over its deficit and banking sector pushed longer term risk premiums above 6 per cent, threatening a new crisis in
the euro ...
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