Apple sells founding papers for millions of dollars

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Source: BBC

Apple Inc. has sold its founding papers for about $1,594,500 at the recent auction. The papers were signed by company's co-founders Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. The buyer is Eduardo Cisneros, the CEO of Cisneros Corporation based in Miami and engaged in property development and telecommunications.

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Wed, 14 Dec 2011 10:10:04 GMT

Rupee decline moderately impacts Indian companies

The rupee's decline has a moderate effect on the Indian businesses, according to Moody's Investors Service. The rupee has fallen dramatically against dollar on the high inflation rate and slower growth. The companies dependent on import, especially on foreign supplies of oil are the most likely to be impacted by the currency slump; however, export-led companies can gain on the weaker rupee, said Vikas Halan,

Wed, 14 Dec 2011 10:20:58 GMT

Monti's plan threatened by radicals

Italian officials have received letters containing bullets and letter bombs in last few days as extremists protest against austerity plan. An official from Equitalia, Italian tax collection agency was injured in face and hand after opening a letter bomb. Italian radicals claimed they have also tried to attack Josef Ackerman in a similar way. Monti said that violence should be stopped before it turns into

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