Long-term trends at work in the oil market mean it could stay depressed.
Google pre-empted Microsoft's plans for a significant relaunch of its internet search service as it revealed on Tuesday changes to its own search results pages that echo some of the moves planned by its arch-rival.
The company may employ more than 60,000 people, but Mr Gates's intellectually combative nature still defines its corporate culture and he remains the figurehead for its armies of software developers.
Yahoo and Google are close to sealing a search advertising alliance that would leave Microsoft out in the cold as it hunts for a way to boost its own flagging search business, according to a person familiar with the matter. Separately Yahoo said on Thursday that talks with Microsoft on the latter's bid for the company were now over.
Facebook plans to launch a new service that will enable the social network website's 60m users to chat with each other online. The service, which is expected to roll out sometime in the next few weeks, represents Facebook's latest challege to AOL, Microsoft and other makers of popular instant messaging programmes. It is likely to come as a blow to software developers who have been working on chat services designed to run on Facebook's popular application platform.
The bank's report found that small and medium-sized companies were particularly unprepared, with eight out of 10 yet to take any action to evaluate opportunities, compared with 58 per cent of larger businesses. Even though there are more than four years to go to the 2012 opening ceremony, the bank's experts warned companies should already be taking steps to secure a slice of the economic windfall.
A week before a good friend's wedding in Jodhpur, I am starting to panic. What is the difference between a casual shalwar kameez and a dressy shalwar kameez? Should I go sari-shopping in Southall or Mumbai? I flick through old issues of Hello! magazine, looking at Liz Hurley dressed up as an Indian princess for her wedding, courtesy of her famous designer friends: Versace, Valentino and Cavalli. My panic mounts.
Several other European airlines have considered entering the corporate jet market, including KLM, the Dutch subsidiary of Air France-KLM, which has recently investigated the fledgling market for air taxi jet operations with four-seat very light jets. KLM has shelved the project, however, and to date only Lufthansa is pressing ahead with the development of its own fleet.
Google on Thursday will launch a new advertising technology that will allow publishers to incorporate text ads into online videos in a move long awaited by the industry.
Can Microsoft, the fiercest predator in the software jungle, really change its spots
AT&T has applied for a mobile licence in India in partnership with Mahindra Telecommunications, a local telecoms company, and Mr de la Vega said it was hoping to acquire spectrum for its wireless services.
Air France-KLM is planning to invest directly in the US airline industry for the first time by taking a minority stake in the group expected to be formed from a merger of Delta Air Lines and Northwest Airlines, the number three and five US carriers.
The iPhone was not the first touch-driven handset when it launched last year, or even the fastest for internet browsing over standard cellular networks but the impact of Apple's consumer smartphone on the world's handset business still reverberates through the telecom industry.
Almost half of all small business owners feel the evolution of the Internet has made it harder to run a company, according to research by Cranfield School of Management.
However, the world's largest non-alcoholic drinks company said that it remained well-placed to face any slowing in US consumer demand, as it reported results supported by strong international growth.
Google's comments echo figures released recently by AT&T and O2, which carry the iPhone exclusively in the US and UK respectively.
When one door closes, another one opens. On Thursday the prison gates clanked shut behind Martin Lukes in Florida but, in London, the door of an office inside Accenture swung ajar, revealing Mark Foster, a middle-aged white man with a long-winded title.
Family businesses and their inter-generational conflicts are rich fodder for Hong Kong scriptwriters. TV series including Steps (ostensibly about ballroom dancing), The Drive of Life (the Chinese car industry) or Best Selling Secrets (a media conglomerate) all feature an elderly patriarch presiding over a sprawling family business.
The UK group bought a 52 per cent stake in the Indian company in May, which is now called Vodafone Essar. Mumbai-based Essar Group owns 33 per cent, with Asim Ghosh, Vodafone Essar managing director, and Indian businessman Analjit Singh owning the remaining 15 per cent.
Roshan Gaonkar was working on the internal consulting team of US Airways when he realised that he wished to hone his business skills by doing an MBA.
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