HELSINKI - Nokia , which is set to close the sale of its phone business to Microsoft , will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on Friday.
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LONDON - Part-nationalized Royal Bank of Scotland has scrapped plans to seek permission to pay staff bonuses worth double their fixed pay after the government said it would oppose the move.
SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin.
SEATTLE - Microsoft Corp's new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales. | Video
Diversification may be helping to smooth out volatility in Goldman's FICC revenue, but it's smoothing out a decline.