U.S. data, Europe woes to set tone

NEW YORK - Investors will grapple next week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

» More Green Business News

Nortel to soon get bids for all of its parts: CEO

TORONTO | Mon Aug 10, 2009 12:19pm EDT

TORONTO (Reuters) - Nortel Networks (NRTLQ.PK) is confident it will get bids for all of the company's parts by the end of September as the bankrupt telecom equipment maker moves to complete its own dismantling, Chief Executive Mike Zafirovski said on Monday.

"Discussions are advancing. They're promising and there's a confidence that we should be able to get stalking-horse agreements for all parts of the business ... before this quarter's over," Zafirovski told Reuters. He added there have been no decisions regarding Nortel's extensive patent portfolio, parts of which have drawn the interest of BlackBerry maker Research In Motion (RIM.TO)(RIMM.O).

(Reporting by Wojtek Dabrowski; editing by Peter Galloway
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