HP to buy EDS for $13.9 b Hewlett-Packard Co., worlds biggest personal-computer maker, on Tuesday, agreed to buy Electronic Data Systems Corp for $13.9 billion to more than double its sales from computer services.
Steel export duty may go The Centre is "seriously considering" doing away with export duty after steel makers lowered prices to help contain inflation.
Shareholders of Mphasis in for a windfall Shareholders of domestic IT firm Mphasis could soon see another open offer being made to them with its US-based parent company EDS emerging as takeover target of global technology major Hewlett-Packard.
US slump set to span Asia soon, says Moody's The famous adage 'if the US sneezes, Asia catches cold' still holds true and Asia is expected to feel the heat of the credit crunch in the world's largest economy in the second or third quarter of this year, global credit rating agency Moody's has said.
Credit Agricole to raise $9.1 b France's biggest retail bank, Credit Agricole, announced a 5.9 billion euro ($9.1 billion) rights issue to shore up its capital after new writedowns at its Calyon investment bank, hitting its shares.
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