NEW YORK - Apple Inc took a big jump into the digital textbooks market with the launch of its iBooks 2 software on Thursday, aiming to revitalize the U.S. education market and quicken the adoption of its market-leading iPad in that sector.
MUMBAI - Starbucks Corp , the world's largest coffee company, is finalising its retail partnership with Tata Coffee Ltd and hopes to announce the deal by the end of this month, a senior official of the Indian company said on Thursday.South Asia
The Bangladesh army said it foiled a coup attempt by retired and serving officers late last month which intelligence sources said was driven by a campaign to introduce Sharia law. Full Article Technology Kodak, which invented the hand-held camera and helped bring the world the first pictures from the moon, files for bankruptcy protection but secures a $950 million lifeline from Citigroup. Full Article Results HDFC reports a higher-than-expected 31.2 percent rise in quarterly net profit on a drop in provisions and higher fee income. Full Article Economy India's economy will grow at its slowest pace in two years this fiscal year, as tight monetary policy and a logjam in government policy making stifles investment, a Reuters poll showed. Full Article Euro Zone Greece and its bondholders have made little progress since resuming talks on a debt swap, three sources close to the talks told Reuters, as time to strike a deal & avoid a messy default runs out. Full Article Sports The India test side's continued freefall in Australia has infuriated the media and angered fans back home but advertisers and broadcasters are refusing to give up on cricket. Full Article
What's the best way for India to combat corruption: punish the culprits or make government so transparent that it is hard for bribery to find places to latch onto in the first place? The answer is both. Full Article By Jeff Glekin There's a lot riding on the $5.5 billion case against Sahara Group which reaches the Supreme Court this week. Regardless of who actually comes out top, the amount of cash raised from 23 mln mostly rural investors means confidence in India's financial system is at stake. Full Article By Jack Shafer After the diplomatic cable stories petered out, so did WikiLeaks. What Julian Assange's spree demonstrates is the dependency of leakers on strong institutions -- but also a new way for the many to monitor the powerful few. Full Article By Ian Campbell China's inflation is down, to 4.1 percent in December from a peak of 6.5 percent in July. India's inflation to 7.5 percent in December from 9.1 percent in November. Euro zone inflation to 2.7 percent from 3 percent. But the inflation easing has come in part because monetary policy had to tighten and Europe has weakened. Full Article
BREAKINGVIEWSBy Wayne Arnold
Samsung's $41 billion investment splurge should ring alarm bells at its competitors. At least half of the Korean conglomerate's planned outlays will probably go to expanding its global lead in smartphones and the chips and screens that drive them. It's a bold bet in a slowdown, if its bet pays off Samsung could lengthen its lead over the likes of Apple . Full Article
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