Mixed fortunes for Wall StreetU.S. stocks made only minor moves Monday as traders dithered over the future direction of the markets and the... | |
British Airways crews will strike this monthBritish Airways is expecting a total of seven days of strikes this month from its cabin... |
Swiss banking giant pays more for executivesCurrent and former members of the UBS executive board received much more in pay and bonuses for 2009 than in the year... |
Fault in Toyota Prius not foundFaults reported in Toyota’s Prius have not been established by technicians from the National Highway Traffic Safety... |
| China does deal to extract oil from Latin American countries The China National Offshore Oil Corporation has agreed to pay $3.1 billion for a 50% stake in the Bridas Corporation, an Argentine oil and gas... |
Investors service says economy is still fragileA report from Moody's Investors Service has warned that the global economic recovery remains fragile, even in some of the largest... |
Global economy uncertain says sovereign fundThe Abu Dhabi Investment Authority has warned the the global economy still faces an uncertain... |
US bank regulation bill about to be unveiledA new bill to tighten regulation of US banks is unlikely to get a kind reception from some Republicans when it is unveiled on... |
Apple iPad in demand before reaching the shelvesApple has started taking pre-orders for its iPad... |
IAE claims China will take plenty of OPEC oilThe International Energy Agency has announced a large demand from China for... |
UK money to be tipped into Vauxhall and OpelCar brands Vauxhall and Opel are to receive a guarantee from the UK... |
Japanese airport to take budget passengersJapan is trying to increase its budget travel reach with the opening of a new airport at... |
Lehman executives sent potentially incriminating emailsA court-appointed examiner in the US has released a document on the collapse of the Lehman Brothers investment bank, suggesting some former executives could face criminal... |
| Calif. Pension Fund Makes Move Likely To Increase Its Influence Over Corporations SACRAMENTO, Calif. - The board of California's giant public pension fund voted Monday to remove the limit on the number of shareholder proposals it can issue to companies in its portfolio.Lifting... |
| Former Ceo Of Infogroup Agrees To Pay Over $7.3 Million To Settle Sec Charges WASHINGTON - The founder and former CEO of database provider InfoGroup Inc. agreed Monday to pay more than $7.3 million to settle federal regulators' charges he siphoned off nearly $9.5 million from... |
| In Praise Of … | A Bar Of Soap | Editorial by the Office for National Statistics . They have extracted the bar of soap from the basket of goods used to calculate the Consumer Prices Index and Retail Prices Index. It was done, of course, with... |
| Microsoft: No Native Code For Windows Phone 7 Network World - Microsoft confirmed on Monday at the company's MIX 10 developers event that native applications will not be allowed on Windows Phone 7 devices. Only applications running in the... |
| Skadden Appoints Sokoloff As Asian Co-head, Joining Schiffman March 16 (Bloomberg) -- Skadden, Arps, Slate, Meagher & Flom LLP appointed Tokyo office and Asia Pacific real estate finance leader Audrey Sokoloff as co-head of the U.S. law firm’s... |
| Rba Says Rate Rise Appropriate As Growth Strengthens March 16 (Bloomberg) -- Australia’s central bank raised borrowing costs this month as the risk of faster economic growth stoking inflation outweighed the potential for renewed financial market... |
| Lilly Buys Rights To Testosterone Lotion For Low-sex-drive Men March 16 (Bloomberg) -- Eli Lilly & Co., the maker of the impotence pill Cialis, bought exclusive rights from Acrux Ltd. to an underarm testosterone lotion called Axiron for men with limited sex... |
| National Australia Bank To Hire Four For Asia Currencies Desk March 16 (Bloomberg) -- National Australia Bank Ltd., the country’s biggest lender, plans to hire four people for its new foreign-exchange business in Hong Kong this year, according to Bernard... |
| Nobel Winner Sharpe’s Firm Prices Ipo Above Range March 15 (Bloomberg) -- Financial Engines Inc., the investment adviser co-founded by Nobel laureate William Sharpe, raised $127 million in an initial public offering, becoming the first U.S. IPO this... |
| Eu Ministers Agree Greek Plan Europe's finance ministers have agreed how to help Greece in its battle to control its finances.After a meeting in Brussels, they revealed few details, except that they had ruled out any loan... |
| Kraft To Face Mps Over Keynsham The vice-president of Kraft Foods will be questioned by MPs over his company's takeover of Cadbury later.Marc Firestone is due to appear in front of the House of Commons' Business Committee on... |
| Campaigners Spurn Equitable Plan A campaign group for savers in the Equitable Life insurance company has denounced the limited compensation process set up by the government.Last year Sir John Chadwick was asked to design a suitable... |
| Prison Mobile Phone Debate Jammed Up In The System On paper, it’s a no-brainer: Prisoners have mobile phones they are using to run gangs, call friends, and intimidate witnesses. Tech companies have the equipment to jam the phones by flooding... |
| Twitter Ceo Launches @anywhere To Tepid Audience Reaction Twitter co-founder Evan Williams answers a question from Harvard Business Review blogger Umair Haque during Monday's keynote. AUSTIN, Texas — Twitter CEO Evan Williams announced a new app... |
| European Stocks To Watch: Swiss Stocks: A Currency Mountain Or Molehill? Meanwhile, investors fleeing euro-related uncertainty have piled into the Swiss franc, which is up 4% from December, with the value of a... |
| Kroger Recalls Powder, Pepper On Salmonella Fear SAN FRANCISCO -- The Kroger Co. said Monday it's recalling Kroger California Seasoning Blend Garlic Powder and Kroger Special Seasoning Blend Lemon Pepper sold in retail stores, due to concerns that... |
| Australia Shares Gain, Helped By Airlines, Miners LOS ANGELES -- Australian stocks traded broadly higher early Tuesday morning, with airlines and some miners on the rise. The S&P/ASX 200 gained 0.3% to 4,797.5, with Lihir Gold Ltd. up 1.7% as gold... |
| Treasury Report Shows Drop In Small-business Loans WASHINGTON -(Dow Jones)- Nine of the largest banks to receive money through the government's $700 billion financial market rescue program cut back lending to small businesses in January. The total... |
| Saudi Oil Minister: Oil Market Is In Balance VIENNA -(Dow Jones)- Saudi Arabian oil minister Ali Naimi said Monday he saw no need for the Organization of Petroleum Exporting Countries to change its formal oil-production target when it meets... |
| Microsoft Talks Google's Privacy "fails" At Sxsw Danah Boyd placed a lot of emphasis on Google's privacy "fails" with Buzz. The topic of the keynote was the relationship between privacy and publicity, and she certainly covered much more... |
| Aon Unit Sues Marsh, Ex-employees For Alleged Trade Secrets Theft MMC ), its U.S. insurance broker, and three former Aon employees on Monday for allegedly stealing trade secrets and trying to poach clients from Aon's trade-credit insurance business. The lawsuit,... |
| Aig Gets $452 Million Via Sale Of Transatlantic Shares TRH ), owned by its subsidiary American Home Assurance Co. Of the total offered, Transatlantic Holdings bought 2 millon shares, according to AIG. Goldman Sachs & Co., Wells Fargo Securities and... |
| Telstra: Successful Eur1 Billion Benchmark Bond Issue SYDNEY -(Dow Jones)- Telstra Corp. (TLS.AU) Tuesday said it has priced a EUR1.0 billion ten-year bond, in a deal that was six times oversubscribed. Around 300 orders made up the book build of the... |
| Bigger Lipitor Dose Better For Some High-risk Patients -study PFE ) Lipitor was about a third better at cutting the incidence of major cardiovascular events in certain high-risk patients. The results of the Treating to New Targets study, originally funded by... |
| Liquefied Natural Gas Mulling Other Gas Supply Options SYDNEY -(Dow Jones)- Liquefied Natural Gas Ltd. (LNG.AU) said Tuesday it extended an early-stage agreement to sell its Fisherman's Landing project in Queensland state to Arrow Energy Ltd. (AOE.AU)... |
| Lehman Plans To End Bankruptcy, Create New Company LEHMQ.PK ) on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations -- and end the largest U.S. bankruptcy case in... |
| Euro Ministers Say Have Greek Aid Plan If Needed BRUSSELS (Reuters) - Finance ministers from the 16-country euro zone agreed on Monday to mobilize financial aid for Greece rapidly if needed but revealed little of how their standby plan for the... |
| Wachovia In Talks To Settle Probe: Report (Reuters) - The Wachovia Bank unit of Wells Fargo & Co is in talks with the U.S. Justice Department to settle complaints relating to the alleged failure in bank controls that enabled Mexican... |
| Westjet Chief Executive Steps Down WestJet announced Monday that president and chief executive Sean Durfy was resigning and the executive vice-president of operations had been named to take his place. "This was a very... |
| Now's The Time For Investors To Cross-border Shop This is precisely the time for investors to scoop up foreign stocks and real estate in the same way that your relatives in Niagara Falls, Ont., take advantage of currency fluctuations to bolt across... |
| The World's Richest Man Speaks With more than 200 businesses, Carlos Slim Helu shapes virtually every industry under the Mexican sol. He's got interests in telecom, retail, energy, tourism and banking. Some folks in Mexico,... |
| Murdoch To Net Us$400-million From Avatar News Corp. will earn US$350-million to US$400-million from James Cameron’s Avatar once the world’s top-grossing film is also released on pay television and DVD, said two people with knowledge of... |
| Pelosi Statement On Senator Dodd's Wall Street Reform Proposal 's proposal on Wall Street reform: "Nearly two years after the financial crisis decimated the hard-earned savings, pensions and wealth of millions of American families, the time is long past... |
| Video: Obama's Final Push For Health Bill President Obama put a name and face on his health care argument, referring to a cancer survivor who wrote the President. As Chip Reid reports, Republicans still have... |
| Video: Toyota Defect Disputed Toyota engineers are questioning the validity of a Calif. man's claims to have lost control of his Prius as it unintentionally accelerated to over 90 mph on a freeway. Dean Reynolds... |
| Toyota: 'runaway' Prius Driver May Have Gassed It At a Monday afternoon press conference, Toyota representatives said that there were "significant inconsistencies" between what driver James Sikes said happened to his 2008 Prius on a San Diego... |
| Abbott Ceo's Pay Falls On Reduced Stock Options The chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options. The North Chicago-based company disclosed in a... |