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Warner Music has signed a deal with China Unicom, the Chinese mobile phone operator, to sell music to Chinese wireless users
Jun. 20, 2006
Warner Music has signed a deal with China Unicom, the Chinese mobile phone operator, to sell music to Chinese wireless users, potentially opening the path towards profitably distributing music in a market dominated by physical and digital piracy.
BIZ/FINANCE ARTICLES
Wall Street pulled back sharply Monday as a lack of economic news left investors hesitant to buy stocks
Media Release
Dow Ends Down 72 on Lack of Economic News and inflation scare READ MORE>>
Deutsche Börse launched a fresh effort on Monday to woo Euronext away from a deal with the NYSE Group
Media Release
Deutsche Börse launched a fresh effort on Monday to woo Euronext away from a deal with the NYSE Group, making key concessions on operations that would give its Paris-based rival more power than the Germans were initially prepared to concede. READ MORE>>
Circuit City reports higher sales of flat panel televisions and digital music players
Media Release
Circuit City, the second biggest electronics retailer in the US, reported earnings of $6.4m, or 4 cents a share, in its first quarter on Monday, lifted by sales of flat panel televisions and digital music players. READ MORE>>
Alberto-Culver to spin off stores
Media Release
Alberto-Culver will separate from its Sally Beauty retail and supply operations in an unusual $3bn deal with private equity investors that will create two publicly-traded companies. READ MORE>>
Nike on Monday announced a $3bn share buy-back program
Media Release
Nike on Monday announced a $3bn share buy-back programme, in the hope of bolstering its languishing stock price and signalling confidence to shareholders. READ MORE>>
China fails to make WAPI an international standard - walks out of encrytion meeting
Media Release
China accused that a U.S.-based standards body used underhanded tactics to prevent global approval of WAPI. READ MORE>>
Over the week FTSE 100 fell 1.9 per cent and mid-cap stocks tumbled 4.5 per cent
Media Release
Over the week however, the blue-chip index fell 1.9 per cent and mid-cap stocks tumbled 4.5 per cent amid continuing worries over the effects of global interest rate rises. READ MORE>>
Wall Street fell back this week as three days of heavy selling dragged down the main stock indices
Media Release
During the week, the S&P 500 briefly dipped into negative territory for the year. READ MORE>>
Mittal continues his attempts of hostile takeover of Arcelor
Media Release
Lakshmi Mittal, chairman of Mittal Steel, said on Friday ... READ MORE>>
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