JPMorgan increases Dimon's pay to $US20m
Jamie Dimon, JPMorgan’s chief executive, has been awarded total pay of $US20 million for 2013, a huge increase over the amount he received for 2012, according to a regulatory filing released on Friday.
Google's Gmail down for users around the world
Google is investigating an outage on Friday that took down Gmail, the internet email service used by hundreds of millions of people across the globe.
Kerry rejects notion US disengaging from world
US Secretary of State John Kerry dismissed on Friday at the World Economic Forum in Davos as "a myth" suggestions that the United States was withdrawing from world affairs.
Big Four firms, China in talks over audit impasse
In the midst of a US-China quarrel over corporate auditing, the global chairman of audit giant KPMG said on Friday that a "constructive dialogue" was under way to defuse the dispute.
Goldman considers new ‘chat’ limits on employees
Goldman Sachs is contemplating a new policy to prohibit employees from using internal peer-to-peer chat services provided by Bloomberg, Yahoo and other third-party companies, a person said.
Usmanov tightens hold on Russian social net VKontakte
Pavel Durov, founder of Russia's biggest social network, said he sold his stake in VKontakte (www.vk.com) to an ally of tycoon Alisher Usmanov, the site's second-largest shareholder.
Smart money picks sectors in pricey HK
Take the biggest landlord at the heart of one of the world’s most expensive cities. Add in dollar-pegged monetary policy and an expected tightening of credit. Then watch the company outperform its peers.
No word on new CEO as Microsoft announces profit rise
Microsoft’s second-quarter profit rose 3 per cent as strong sales of its Office software to businesses offset another weak quarter for its flagship Windows system, which is suffering as consumers opt for tablets over PCs.
White House threatens Ukraine with sanctions
The White House condemned the violence taking place in Kiev, urged all sides to de-escalate, and threatened sanctions against Ukraine if the situation there did not improve.
Lenovo to buy IBM's low-end server unit for $US2.3bn
Chinese PC maker Lenovo Group agreed to buy IBM's low-end server business for $US2.3 billion, mostly in cash, in what is set to be China's biggest technology deal.
US growth on the rebound says Obama’s top finance adviser
United States President Barack Obama’s chief economic adviser has given an upbeat assessment for the world’s largest economy and believes stronger growth is finally likely to return this year.
Davos asks if banks have learnt their lesson
Hedge fund founder Paul Singer has told the World Economic Forum that he remains sceptical that financial markets have been made safer after the financial crisis – but bankers disagree.
The ‘indispensable’ Americans are pulling back
Predictions that the US economy will grow by 3 per cent this year – added to worries about emerging markets – mean that Davos is likely to be bullish on America for the first time in years.
CNNC buys into African uranium project
China National Nuclear Corp bought a 25 per cent stake in a leading African uranium project.
