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Jan 30: `US will pay for protectionism`

  • Jan 30: `US will pay for protectionism`

    Jan 30: `US will pay for protectionism`

  • IMax plans 17 theatres

    People buy tickets at a counter in a multiplex movie theatre in Mumbai

    Leading global entertainment company Imax Corporation plans to have as many as 17 theatres in India by next year, up from three now, and will soon begin talks with Indian film producers to purchase the rights of Bollywood films for conversion into its own high-tech format.

    Canada-based Imax Corporation CEO Rich Gelfond told PTI here on the sidelines of the just-concluded WEF summit that India is one market where the company has been slow to move forward so far, but things have begun to change now.

  • Email spam to go?

    A person poses with a magnifying glass in front of a Google search page in this illustrative photograph taken in Shanghai

    Some of the world's biggest Internet companies and financial services firms have developed a new approach to fighting email spam that they hope will reduce online scams.

    Facebook, Google and Microsoft have joined with financial firms Bank of America, Fidelity Investments and eBay's PayPal to create a set of industry standards for preventing criminals from sending out spam emails that appear to come from corporate email addresses.

  • Canon chief resigns

    Canon digital cameras are displayed at the company's showroom in Tokyo

    Canon said on Monday its president Tsuneji Uchida would step down and his role would be taken on by chairman and chief executive Fujio Mitarai after the camera and printer maker forecast much weaker-than-expected earnings growth for this year.

    Like other Japanese exporters, Canon, which makes 80% of its revenue overseas, has been buffeted by the strong yen, a weak economic outlook and the floods in Thailand, although it has been quite aggressive in countering these challenges by cutting costs and increasing automation.

  • Traders back purchases

    A shop keeper shows gold jewellery to a customer inside his shop in Dhaka

    India gold traders held back purchases on Monday, awaiting a sharper fall in prices, which eased from the previous session's one-month high, while a weaker rupee also weighed on demand.

    * The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was trading 0.23% lower at Rs 27,927 per 10 grams, easing from a month's high of Rs 28,084 hit on Friday.

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