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Satyam began a search for a new CEO and a new finance chief, as the Indian software firm also named Deloitte and KPMG interim auditors.
Asian shares crumbled under heavy selling pressure, led by resource and financial stocks. Japan's Nikkei lost 4.9%.
Apple CEO Steve Jobs said his health issues are more complex than he thought and he plans to take medical leave until June.
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China's statistics bureau said the nation's economy grew even faster in 2007 than previously estimated, a revision that also made the country the world's third-largest national economy in U.S. dollar terms, overtaking Germany.
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Microsoft is exploring significant work-force reductions, a rare occurrence for the world's largest software company.
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The volume of mergers and acquisitions in the Asia-Pacific region outstripped North America for the first time during the last quarter.
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The war in Gaza is presenting Lebanon with a new challenge: controlling its border with Israel.
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Barclays said it plans to cut up to 2,100 jobs in its retail and commercial banking units, adding to layoffs of the same size in its investment-banking arms.
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Israeli airstrikes killed Hamas's security chief, providing a tactical victory for the Jewish state as it moved forces into the territory's urban areas.
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AIG's chief said the insurer will offer retention packages to top executives in Asia.
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South Korea's president said the country's economy may shrink in the first half of next year because of fallout from the global financial crisis.
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The European Central Bank cuts its benchmark rate by half of a percentage point, following a series of weak euro-zone economic data. (Trichet statement | Video)
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Markets tumbled, extending losses as investors sold off shares across sectors on word the bailout deal to aid struggling automakers fell apart in the U.S. The Nikkei closed down 5.6%
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The chairman of one of India's largest tech firms said he concocted financial results, sending shock waves across India and likely prompting investors to question other corporate results as the once-hot economy slows.
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TARP II and other reasons people are scared.
At Atlanta's High Museum of Art, "The First Emperor: China's Terracotta Army" seeks to enlighten Westerners about one of the greatest leaders of all time.
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Harsh winter weather and frugal spending may have cast a pall on most retail sales, but the snowblower is proving recession-resistant.
There's nothing foppish about turning up the collar on leather jackets, coats and some shirts, writes Teri Agins.
How a sedate museum created a home for a sumptuous costume collection.
Walt Mossberg tests new e-book apps that aim to bring current and popular titles from major publishers to the iPhone and Touch.
Caring for a family member is a responsibility many people bear. It can also be a source of income.
The honeymoon doesn't last long.
—Nissan spokesman Steve Parrett“We were taking it pretty much month by month.”
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