Tag Archives: month

Rise of an Empire. Expedia Buys Orbitz for $1.3 billion in Cash.

In international business news, Online travel company Expedia is buying Orbitz for about $1.3 billion in cash, just a month after acquiring Travelocity for $280 million.

The web-based travel agency announced that it’s purchasing Orbitz for billions of dollars, so the most popular option in the US for searching flights, hotels and more on the web gains the business of the third-ranked site.

Business articles confirm,”We are attracted to the Orbitz Worldwide business because of its strong brands and impressive team. This acquisition will allow us to deliver best-in-class experiences to an even wider set of travelers all over the world,” said Dara Khosrowshahi, president and CEO of Expedia, Inc, in the press release.

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Kanye West Is Not Happy With Kim’s Lifestyle

Kanye seems to be upset with Kims hectic life and wants her to be home for some time and spend time with their daughter, North West. Kim has been to Dubai, Miami and back and forth between NYC and LA over the past month which reportedly did not go well with Kanye West.

Source: www.filmibeat.com

This is typical for  celebrity couples to experience. There should be an understanding that celebrities lead a very busy lifestyle and so couples should be respectful of each others’ schedules.

Stellar U.S. jobs data boosts dollar and stocks

By Herbert Lash NEW YORK (Reuters) – The dollar climbed to a more than four-year peak and global equity markets rose on Friday after data showed U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, further signs of a relatively strong economy. The strong dollar helped pushed gold below $1,200 an ounce for the first time this year after a Labor Department report showed U.S. nonfarm payrolls rose by 248,000 last month and the jobless rate fell two-tenths of a point to 5.9 percent. …

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Source: Stellar U.S. jobs data boosts dollar and stocks

Larry Ellison still the top draw at Oracle’s mega-convention

By Noel Randewich and Bill Rigby SAN FRANCISCO (Reuters) – Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp’s annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company’s CEO. Ellison, who this month gave up his position as chief executive of the enterprise software behemoth he co-founded 37 years ago, stuck to his tradition of delivering the main presentation at Oracle OpenWorld. Oracle surprised Wall Street on Sept. …

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Source: Larry Ellison still the top draw at Oracle’s mega-convention

Putin to attend EU-ASEM summit in Milan next month: diplomats

(Reuters) – Russian President Vladimir Putin will attend a summit of European and Asian leaders in Italy next month, two diplomats familiar with the plans told Reuters. The summit, which takes place every two years, is being held in Milan on Oct. 16-17. It would be the first opportunity for Putin to meet with top European leaders since D-Day celebrations in Normandy, France back in June. The news came as a fragile three-week-old ceasefire in Ukraine was severely strained by the killing of seven Ukrainian soldiers on Sunday night. (Reporting by Andreas Rinke; Writing by Noah Barkin) …read more

Source: Putin to attend EU-ASEM summit in Milan next month: diplomats

Asian stocks hit four-month lows as HK seethes, dollar shines

By Hideyuki Sano TOKYO (Reuters) – Asian stocks stumbled to a four-month low on Monday as political unrest in Hong Kong rattled investors, while the U.S. dollar basked in the afterglow of data showing the world’s biggest economy on a strong footing. Hong Kong shares dropped 2.3 percent to three-month lows in the worst unrest since China took back control of the former British colony two decades ago. In Europe, shares prices are expected to rise in sympathy with the rebound in U.S. stocks on Friday following upbeat revised second quarter U.S. growth figures. …

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Source: Asian stocks hit four-month lows as HK seethes, dollar shines

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