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UPDATE 5-Chinese WTO suit strikes back at U.S. duties

GENEVA, May 25 - China launched a complaint at the World Trade Organization on Friday against U.S. import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products.

4:07am IST

Facebook ripple on IPO market already felt

May 25 - The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings as two companies this week pushed back their market debuts.

Regulatory News, IPOs 3:31am IST

Italy's RCS picks Microsoft exec for turnaround

MILAN, May 25 - Italian loss-making publisher RCS MediaGroup picked Pietro Scott Jovane, the head of Microsoft Italy, to become its chief executive and lead the business turnaround, the company said on Friday.

3:17am IST

UPDATE 4-Canada lifts threshold for foreign takeover reviews

OTTAWA/TORONTO, May 25 - Canada will boost the threshold at which it will review proposed foreign takeovers of Canadian companies, the industry minister said on Friday, but he stopped short of fulfilling a government pledge to clarify the criteria for approving them.

3:01am IST

UPDATE 2-Dell-Quest deal possible over weekend-sources

NEW YORK/SAN FRANCISCO, May 25 - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.

2:52am IST
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Under pressure, govt to review steep petrol hike

NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.