Sinochem Approaches Temasek Regarding Possible Potash Bid

China’s Sinochem Corp. invited Temasek, Singapore’s sovereign wealth fund, to join a consortium that may bid for Potash Corp. (POT), Reuters reported.

Temasek has not made any decision on whether to join the consortium, Reuters reported without namin…

Court Rules Vodafone Must Pay $2.6 Billion in Taxes in India

British mobile phone operator Vodafone (VOD) was ordered by an Indian court to pay $2.6 billion in taxes on a 2007 transaction that gave it a major presence in the country’s mobile phone market.

The court ruled that Vodafone was liable for Indian tax…

Hurd to Receive $950,000 Salary as Oracle President

Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle. It’s a big drop from his HP compensation.
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