Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... | |
BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
| Coca-cola Femsa Bottler To Change Bylaws MONTERREY, Mexico Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set... |
| Ny, Nj Jets Hit Canada Geese After Takeoff On Consecutive Days; Both Planes Land Safely ROCHESTER, N.Y. - Aviation officials say bird strikes forced emergency landings by two passenger jets shortly after takeoff on consecutive days at Northeastern airports. Officials say a US Airways... |
| Airtran Sale Forces Big Carriers To Match Prices, Cut Fares During Peak Summer Travel Time DALLAS - Discount carrier AirTran Airways fired the first shot of the summer airfare wars this week, causing bigger rivals to match prices at a time when they would rather be raising them. The sale... |
| Land Rig Review: Rig Construction Trends, Earnings Season Highlights Increased land drilling activity and rising dayrates in the years prior to the 2008/2009 downturn fueled a material construction cycle, and from 2005 to 2009, the land rig fleet grew by more than... |
| Alarmforce Announces Record First Quarter Revenue And Earnings AlarmForce Industries Inc., Canada's largest manufacturer and installer of live two-way voice home alarms systems, is pleased to announce results for the three months ended January 31,... |
| Smart Modular Technologies , Inc. Schedules Earnings Conference Call To Announce Financial Results For Its Second Quarter, Fiscal 2010 SMOD ), a leading independent manufacturer of memory modules and solid state storage products, announced today that it plans to release its financial results for the second quarter of its fiscal 2010... |
| Regus Makes Insolvency Threat Regus operates 150 serviced offices in the UK and 1,000 around the world. Photograph: David Sillitoe A simmering row between some of Britain's largest landlords... |
| Hsbc Faces Inquiry Into Stolen Swiss Accounts HSBC was being investigated by Swiss banking regulators last night after issuing a grovelling apology to 24,000 customers of its elite private bank who, it said, had their details stolen by a former... |
| Morrisons: Not Fashionable, But Highly Profitable Morrisons , keen to show that its growth story didn't depart with its chief executive, put on an impressive show today.Excluding pension and property items, profits rose a fifth to £767m. The... |
| Bp Cracks Brazilian Nut BP 's portfolio has been obvious for ages. Quite why the group managed to miss out on the deep-water excitement off the coast of Brazil, where most oil majors have established a presence already, has... |
| Wall Street Snubbed In European Sovereign Bond Sales The JP Morgan and Chase headquarters is seen in New York in this file photo. US banks are losing the opportunity to earn fees on the roughly $500 billion in planned European debt offerings this year.... |
| Scotiabank Partner Thanachart To Buy Siam City Bank March 11 (Bloomberg) -- Thanachart Bank Pcl, a Thai lender partly owned by Canada’s Bank of Nova Scotia, will pay about C$2.2 billion ($2.14 billion) for Siam City Bank Pcl in a two- step... |
| N.y’s Cuomo Says He Appoints Former Judge Kaye To Oversee Probes March 11 (Bloomberg) -- New York Attorney General Andrew Cuomo said today he appointed Judith Kaye, the state’s former chief judge, as an independent counsel to oversee investigations related... |
| Gamestop Gains Most In Year On Takeover Speculation March 11 (Bloomberg) -- GameStop Corp., the world’s largest video-game retailer, gained the most in almost a year in New York and trading of its bullish options jumped to a record on... |
| Lehman Failed Because It Didn’t Have Sufficient Liquidity March 9 (Bloomberg) -- Lehman Brothers Holdings Inc. failed because it didn’t have enough liquidity and lost the confidence of its counterparties, according to a 2,200-page report from the... |
| New York Times Won’t Be Sold Or Split, Chairman Says March 11 (Bloomberg) -- New York Times Co. won’t be sold or split apart and the company is “delighted” to have billionaire Carlos Slim as an investor, Chairman Arthur Sulzberger Jr.... |
| Citigroup Ceo Says Bank On Path To Profitability Citigroup Inc. is poised to return to "sustained profitability" as it sheds risky assets and focuses on emerging markets, CEO Vikram Pandit said... |
| Regulator Faults Wall Street Banks On Derivatives FILE - In this June 22, 2009 file photo, U.S. Commodity Futures Trading Co... Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the... |
| Summary Box: Exxon Mobil Forecast $28b Spending By THE ASSOCIATED PRESS FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital... |
| Miners Say ‘avatar’ Doesn’t Do Them Justice "Let me put it this way, my kids saw the movie, and my kids know I'm a miner, and they didn't say anything to me," said Peter Kukielski, head of mining operations for ArcelorMittal, the world's... |
| Jpmorgan, Citigroup Helped Cause Lehman Illiquidity, Report Says March 11 (Bloomberg) -- JPMorgan Chase & Co. and Citgroup Inc. helped cause the illiquidity that led to the collapse of Lehman Brothers Holding Inc., the bankrupt bank’s examiner said today... |
| Ex-lloyds Boss Sir Brian Pitman Dies Aged 78 Lloyds TSB died in hospital after suffering a heart attack on Monday. Sir Brian retired from Lloyds in 2001 after 49 years, in which time he developed it into the largest of the big four high street... |
| Honeywell Enters Libyan Market Dubai: Honeywell yesterday said it has formed a Libyan company — Honeywell Libya Technical Engineering Joint Stock Company — together with its joint venture partner Rida Technical... |
| Asian Stocks Fall On China Fears Singapore: Asian stocks fell yesterday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen... |
| Goldman's Flamand To Start Own Hedge Fund: Report SAN FRANCISCO -- The head of Goldman Sachs Group Inc.'s largest hedge fund, Pierre-Henri Flamand, is leaving to start his own fund, Bloomberg News reported Thursday, citing three unidentified... |
| Barnes & Noble Develops App For Apple Ipad "); } function setUserAsLoggedIn() { $('#username_link').show(); $('#username_link').html("WELCOME ("+$.cookie("p_UN")+")"); ... |
| Us Democrats: Poised To 'finish The Job' On Health Care WASHINGTON -(Dow Jones)- Congressional Democrats appear increasingly poised to move forward on health-care legislation, despite last-minute squabbles over how the bill handles abortion coverage.... |
| 3rd Update: Chicago Board Options Exchange Files For Ipo (Updates with investor comment, member meeting date, beginning in fourth paragraph.) BOCA RATON, Fla. -(Dow Jones)- The parent of the Chicago Board Options Exchange on Thursday moved ahead with... |
| Market Snapshot: U.s. Stocks Turn Higher In Tight Range U.S. stocks fluctuated in a narrow range for a fourth day Thursday after weekly jobless claims came in mostly as expected and amid thinking that China would hike rates after Beijing reported a sharp... |
| Warehouse: Recovery In Retail Spending Remains Patchy WELLINGTON -(Dow Jones)- New Zealand's The Warehouse Group Ltd. (WHS.NZ) Friday reported a higher first half net profit and said it expects its full year net profit to be similar to the previous... |
| Us House Tax Panel Drafts $15 Billion In Incentives For Small Business Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The U.S. House Ways and Means Committee plans to consider as early as next week a roughly $15 billion package of tax incentives for small businesses... |
| Update: Fannie Mae Sells $6 Billion, 3-year Benchmark Issue FRE )last week. The Office of the Federal Home Loan Banks is expected to come out with its own offering next week, scheduled for next Wednesday, as all three government-sponsored enterprises tap... |
| Update: Us Household Net Worth Rises Third Straight Quarter (Updates with analyst comments) WASHINGTON -(Dow Jones)- Americans got richer for a third straight quarter at the end of 2009, a favorable trend for an economic recovery that could use some more... |
| 2nd Update: Nelnet's $660 Million Deal Sold At 3-mo Libor +85bps -source (Updates with analyst's comments) NEW YORK -(Dow Jones)- Nelnet Inc. has sold a $660 million student loan-backed deal, according to a person familiar with the matter. The bond, dubbed NSLT 2010-2,... |
| Judge Says Lehman Examiner Can Make Report Public NEW YORK (Reuters) - The court-appointed examiner who investigated the collapse of investment bank Lehman Brothers Holding Co is set to make his report publicly available, after a judge ruled he... |
| Toyota Incentives Drive March U.s. Sales Up Sharply Edmunds estimated that Toyota's U.S. retail market share in early March had jumped to 16.8 percent, up sharply from 12.8 percent a month earlier, when safety recall problems had sent sales... |
| Telus To Sell Tablet Computers Telus Corp., Canada's third-largest wireless carrier by subscribers, plans to sell tablet computers, looking beyond phones to lure customers away from larger rivals. "We're definitely going to have... |