BERLIN (Reuters) - Germans lamented their unexpectedly poor showing at the Eurovision Song Contest, blaming Chancellor Angela Merkel's tough stance in the euro zone crisis for their failure to win any points from 34 of the 39 countries voting. D... [Full Article]
By James Mackenzie and Barry Moody ROME (Reuters) - Center-left leader Pier Luigi Bersani announced his resignation on Friday after party rebels sabotaged two separate candidates he had backed for state president, deepening Italy's political cha... [Full Article]
GOMA, Democratic Republic of Congo (Reuters) - When Congo's government army retreated in panic from the eastern city of Goma last month, many observers blamed the poor morale and leadership, ill discipline and corruption that have sapped its fig... [Full Article]
(Reuters) - When Hewlett Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP said Tuesday was a major accounting fraud... [Full Article]
Few seem to be enjoying the management meltdown at the venerable BBC more than Rupert Murdoch, the News Corp. chief whose rival British newspapers have been caught up in their own lengthy, embarrassing and expensive phone hacking scandal. (Source: As... [Full Article]
NEW YORK (Reuters) - Knight Capital Group Inc looks set to enter into a $400 million financing deal with a group of investors, allowing the trading firm to open its doors Monday after a crippling $440 million loss, although it will come at a steep co... [Full Article]
LONDON (Reuters) - Britain's top financial crime investigators on Monday dropped their probe of property tycoon Vincent Tchenguiz in a humiliating admission of error that could leave the crime-fighting agency facing a large bill for damages. The... [Full Article]
Pennsylvania-based law firm Kessler Topaz Meltzer & Check, LLP on Friday filed a class action lawsuit against Facebook regarding the handling of its initial public offering, which was made on March 18th. On the day of its IPO, the company was hit... [Full Article]
The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process. (Source: AFP)... [Full Article]
BOSTON (Reuters) - Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University students in her first public appearance since the company's disappointing initial public offering, but refrained from addressing the controversy arou... [Full Article]