Whole Foods cries foul over FTC merger review

WASHINGTON (Reuters) – Whole Foods Market Inc accused the Federal Trade Commission on Tuesday of bullying the premium grocer by continuing to oppose its 2007 merger with rival Wild Oats.

As Tech Claims Near Zero Visibility, Is the Flash Memory Market Rebounding Already?

The headlines in the U.S. last Friday were awash with grim employment figures, the likes of which, it was alleged, had not been seen since December 1974. I suggest checking what actually went on back then. I remember that month only too well. My

PKO in talks on buying Polish unit of AIG

WARSAW (Reuters) – Poland’s second-largest bank, state-controlled PKO BP is in talks to buy the Polish unit of American International Group Inc , the bank said in a statement late on Tuesday.

Sumitomo Trust says to raise $757.7 million

TOKYO (Reuters) – Sumitomo Trust & Banking Co , Japan’s fifth-largest bank, said on Wednesday it would raise 70 billion yen ($757.7 million) through the issuance of preferred securities.

Amazon Web Services Extends Amazon EC2 to Europe

Starting Today Developers and Businesses Can Launch Their Amazon EC2 Instances in Multiple Availability Zones in the EU SEATTLE–(BUSINESS WIRE)–Amazon Web Services LLC (AWS), subsidiary of Amazon.com, Inc., (NASDAQ: AMZN), today announced that it has

UK economic slowdown ‘worsening’

The economy could worsen further in 2009, NIESR warns The UK economy contracted 1% between September and November, the National Institute of Economic and Social Research (NIESR) has estimated. This fall followed after a 0.8% drop in the three months to

Air France to agree details on Alitalia: report

MILAN (Reuters) – The final details of a partnership agreement between the CAI consortium taking control of Italy’s Alitalia and Air France-KLM will be agreed on Wednesday, business daily MF said in an unsourced report.

Bailout plan could soon face House vote

WASHINGTON (Reuters) – The House of Representatives could vote as early as Wednesday on a $15 billion plan to bail out and restructure U.S. automakers but the initiative may face possible roadblocks in the Senate, officials said.