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Posts Tagged ‘Business’

Sri Lanka: Tamil refugees plead for help to find missing relatives

Sri Lanka: Tamil refugees plead for help to find missing relatives

Speaking to The Daily Telegraph at Vavuniya, where 210,000 people are being held in five camps for “internally displaced people”, ragged Tamils said they had come under attack from both sides as the 26-year civil war reached its conclusion last... (Continue reading)

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Facebook sells stake in business

Facebook sells stake in business

Facebook has sold a 1.96% stake for $200m (£126m) to a Russian internet firm, a move that values the social networking website at $10bn. Facebook boss Mark Zuckerberg said he had been impressed by Digital Sky Technology’s (DST) “impressive growth and... (Continue reading)

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GM ponders future as deal fails

GM ponders future as deal fails

General Motors’ bondholders have rejected a key part of the carmaker’s restructuring plan, which makes it more likely to seek bankruptcy protection. The board will now meet to discuss its “next steps” after a large number of investors refused to exchange... (Continue reading)

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