Even as globalization poses greater risks to multinationals, most companies acknowledge that they don't have the resources in place to manage geopolitical, strategic and operational risks effectively, according to two recent surveys.

When it comes to the subprime debacle, CFOs are pretty certain they know who is to blame.

Taking a page out of rival Oracle Corp.'s playbook, Germany's SAP AG announced late Sunday that it had agreed to acquire France's business intelligence (BI) and analytics powerhouse Business Objects S.A. for $6.8 billion.

Investment managers remain bullish on the financial markets despite equities' roller-coaster ride this summer and the subprime mess, according to Russell Investment Group's third-quarter Investment Management Outlook.