Analysis: Google+ struggles to attract brands, some neglect to update
SAN FRANCISCO (Reuters) - To mark the Cinco de Mayo holiday this year, Domino's Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 "likes". But visitors to Domino's companion Google+ page on that day found less festive fare: The most recent post was from October 2012. Two years after introducing its social network, Google Inc
For banks in cyber heist, how to get their money back?
NEW YORK (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Oman-based Bank of Muscat lost $40 million and United Arab Emirates-based National Bank of Ras Al Khaimah PSC
Chrysler recalls 469,000 SUVs worldwide over gearshift problem
(Reuters) - Chrysler Group LLC is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 U.S. automaker said Saturday. Included are 2006- to 2010-model-year Jeep Commanders and 2005 to 2010 Jeep Grand Cherokees, of which about 295,000 are in the United States, 28,500 are in Canada and 4,200 are in Mexico. The remaining 141,000 are outside of North America.
Deutsche Telekom says U.S. listing helps it "attack" rivals: paper
FRANKFURT (Reuters) - Deutsche Telekom
Fed queries Bloomberg over reporters' access to client data
(Reuters) - Bloomberg LP customers, including the U.S. Federal Reserve and the U.S. Treasury, were examining on Saturday whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data and created a position to oversee compliance in a bid to assuage privacy concerns. The financial data and news company, whose computer terminals are widely used on Wall Street, had allowed journalists to see some information about terminal usage, including when customers had last logged in, and how often they used messaging or looked up data on broad categories, such as equities or bonds.
Qatar postpones planned float of $12 billion investment firm
DUBAI (Reuters) - A planned floatation of Doha Global Investment Co, a $12 billion Qatari investment firm backed by assets from the Gulf state's sovereign wealth fund, has been postponed pending necessary approvals, a senior bourse official said on Sunday. Qatar unveiled plans to create the investment company in February and said its sovereign fund arm, Qatar Holding, will transfer $3 billion worth of assets into the new firm, with a similar amount raised in an initial public offering on the Qatar Exchange.
Kuwait Airways to sign $3 billion-plus Airbus deal: paper
KUWAIT (Reuters) - State-run Kuwait Airways
Germany pushing for faster reform in euro zone: magazine
BERLIN (Reuters) - Germany wants further reforms and savings in crisis-hit euro zone states, according to a report obtained by German magazine Spiegel in which Berlin evaluates progress made under strengthened EU budget rules. The rules have managed to spur in all euro zone countries a "general political mobilization towards structural reforms and greater competitiveness", Spiegel cited the report as saying in its edition published on Sunday.
India IT watchdog investigating breach in ATM heist
MUMBAI/BANGALORE (Reuters) - The Indian government's cyber watchdog is investigating how security at two companies that are part of the country's vast IT services industry was breached in a global ATM heist that saw $45 million stolen from two banks in the Middle East. EnStage Inc, which operates from Bangalore, and ElectraCard Services, based in the Indian city of Pune, processed card payments for the two banks that were hit in the theft, several people familiar with the situation said.
Bank Muscat says mulling options to recover card fraud money
DUBAI (Reuters) - Bank Muscat
Source: http://news.yahoo.com/ca-business-summary-054959479.html
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