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| Global Fixed Broadband Revenue Expected to Generate $191 Billion in 2012, Says ABI Research | | | SINGAPORE--(BUSINESS WIRE)--Strong growth in both subscription and service revenue propelled the global fixed broadband market during 2011. Significant subscriber additions last year were made by all fixed platforms: DSL, cable, and optical fiber. In some countries with a high penetration of DSL broadband service, the DSL subscriber base declined slightly, but it was offset by the growth in ... | |
| European Shares Fall On Earnings, Greek Worries | | | European shares retreated for a second consecutive session on Tuesday as mixed earnings results and concerns about Greece's unresolved debt restructuring talks weighed on investor sentiment. Adding to downbeat sentiment, the International Monetary Fund warned that China's growth rate would drop abruptly in the event of a sharp recession in Europe. | |
| German Stocks Lower As Debt Talks Drag On | | | German stocks fell on Tuesday as several companies such as UBS and Alfa Laval posted weaker earnings and Greece's talks with private bondholders for a debt-swap agreement continued. Adding to downbeat sentiment, the International Monetary Fund warned that China's growth rate would drop abruptly in the event of a sharp recession in Europe. | |
| European Stocks Seen Subdued | | | European shares are seen opening lower on Tuesday as bellwethers UBS and ArcelorMittal posted disappointing results and uncertainty continued over Greece's debt situation. | |
| FTD: Daimler Nearly Halves Employee Regulations To 1000, Further Cuts Expected | | | German automotive major Daimler AG (DDAIF.PK) has reduced the number of employee regulations to 1000 from the previous 1,800, according to the Financial Times Deutschland on Monday. The company is reportedly in the process of further cutting the regulations governing its employees in order to simplify decision making procedures. | |
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