Tumbling Satyam drags Indian shares down 7 pct - Reuters India
MUMBAI (Reuters) - Shares in Satyam Computer Services plunged more than three-fourth on Wednesday after the Indian outsourcer said it had overstated profits for many years, dragging Indian shares to their first loss in the new year. The main stock ...

UPDATE 1-Euro zone PPI in record fall, firms case for rate cut - FXStreet.com
BRUSSELS, Jan 7 (Reuters) - Euro zone producer prices logged a record monthly fall in November on a sharp drop in energy costs, signalling low inflationary pressure and firming the case for a deep European Central Bank interest rate cut next week ...

Satyam Computer Head Quits, Admits Doctoring Books - ABC News
Chairman of India's Satyam Computer Services Ltd. B. Ramalinga Raju admitted the company's profits had been doctored for several years. (AP Photo) The chairman of India's Satyam Computer Services Ltd. quit Wednesday after admitting the company's ...

Tumbling Satyam drags Indian shares down 7 pct - Reuters
MUMBAI, Jan 7 (Reuters) - Shares in Satyam Computer Services ( SATY.BO ) plunged more than three-fourth on Wednesday after the Indian outsourcer said it had overstated profits for many years, dragging Indian shares to their first loss in the new year ...

RPT-UPDATE 3-Satyam chief quits, fraud scandal hammers shares - Reuters
BANGALORE, Jan 7 (Reuters) - The head of Indian outsourcing firm Satyam Computer Services ( SATY.BO ) resigned on Wednesday, disclosing that profits had been falsely inflated for years and sending its shares tumbling nearly 80 percent. India's ...

UPDATE 4-Satyam chief quits, fraud scandal hammers shares - Reuters UK
BANGALORE, Jan 7 (Reuters) - The head of Indian outsourcing firm Satyam Computer Services ( SATY.BO ) resigned on Wednesday, disclosing that profits had been falsely inflated for years and sending its shares tumbling nearly 80 percent. India's ...

Satyam chief quits, fraud scandal hammers shares - MSN MoneyCentral
BANGALORE (Reuters) - The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years and sending its shares tumbling nearly 80 percent. India's biggest corporate scandal ...

Cathay Pacific to Report HK$7.6 Billion Hedging Loss (Update1) - Bloomberg
Jan. 7 (Bloomberg) -- Cathay Pacific Airways Ltd., Hong Kong’s largest carrier, will report unrealized fuel-hedging losses of HK$7.6 billion ($980 million) after fuel prices tumbled 70 percent in less than six months. Fair-value hedging losses ...

India's Satyam chief quits, says profits inflated - Boston Globe
BANGALORE (Reuters) - The head of India's embattled Satyam Computer Services resigned on Wednesday and said the firm's profits had been inflated, sending the stock down more than 80 percent and roiling investor confidence. India's biggest ...

Satyam chairman resigns, says profits inflated - Gulf News
Bangalore: The head of India's embattled Satyam Computer Services resigned on Wednesday and said the firm's profits had been inflated, sending the stock down more than 80 percent and roiling investor confidence. India's biggest corporate scandal in ...