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Galaxy S III sales to hit 10 mln in July

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Galaxy S III sales to hit 10 mln in July

Samsung Electronics Co., the world’s top mobile phone maker, said Monday it expects global sales of the latest Galaxy smartphone to surpass 10 million in July even as it struggles to keep up with demand because of component shortages.

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India poised to revive retail reform plan

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India poised to revive retail reform plan

Prime Minister Manmohan Singh was overseas and his outgoing finance minister was clearing his desk last week as the government quietly began preparing the ground for a new push to open up India’s $450 billion retail sector to foreign firms.

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Greece to soften austerity

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Greece to soften austerity

Greece wants tax cuts, extra help for the poor and unemployed, a freeze on public sector lay-offs and more time to cut its deficit under a plan likely to run into strong opposition at a European Union summit next week.

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Greek outlines issues it wants renegotiated

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Greek outlines issues it wants renegotiated

ATHENS, Greece - Greece’s new coalition government said Saturday it will seek to repeal some taxes, halt layoffs and extend by two years the deadlines for tough austerity measures imposed under its international bailout agreement.

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