$239 Billion Won for Florida Case

Daily News"The Florida Supreme Court has refused to reinstate a US$145 billion ($239bn) punitive damages award against major cigarette makers found liable for selling a dangerous product in a huge victory for the tobacco industry."

Are you a philanthropist?

"Also, think about all that time I spend in the grocery store trying to find the cheapest possible crap I can buy that would serve its purpose without causing death or diarrhea in the process. Or all those hours I waste in the mall running from one department store to...

'I am relaxed', says Laxmi Mittal

"Arcelor, which agreed late Sunday to Mittal's sweetened offer after a five-month takeover battle, turned down a rival bid for part of the company from Russia's OAO Severstal in favor of the deal with Mittal, which will create a titan with nearly 10 percent of the global market."

Saab confirms sale of airborne radar system to Pakistan

"Swedish defence contractor Saab said Thursday it had finalized a deal to sell an airborne surveillance system to Pakistan worth 8.3 billion kronor (1.14 billion dollars)."

India is Ripe for Foreign Investment in Telecom and IT

"Following IBM’s (News - Alert) $6 billion investment plan, the country will raise its forecast for foreign investment in the telecommunication and information technology (IT) sectors."