Nasdaq crash was ten years ago It is ten years since the dotcom bubble... | |
Los Angeles County mooted for new Chinese carsThe Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles... |
Irish airline millions of euros downIrish airline, Aer Lingus, has reported a loss for... |
| Eurotunnel makes profit even with poor economy Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic... |
Referendum to pay Britain and Holland will not go aheadIcelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international... |
Greek austerity plans given Clinton approvalUS Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in... |
U.S. stocks in slow motion riseU.S. stocks made narrow advances Tuesday, as traders remained cautious on the... |
Brazilian sardine industry under protectionThe Brazilian government has ordered the implementation of a sardine conservation awareness... |
February sales up in Chinese passenger carsChinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive... |
UN says we will need much more food by 2050The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price... |
Protests spread after Indian fuel hikeThe main opposition Bharatiya Janata Party in india has protested over a hike in fuel... |
Toff houses best sellers in LondonLand Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high... |
| US stocks gain on financial firms Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past... |
| Bank of America cards to reject overdrafts NEW YORK - Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations... |
| Asian stock markets little changed as surging Chinese exports point to stronger trade HONG KONG - Asian stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade.The region's major indexes were largely mixed as many markets... |
| Oil hovers above $81 in Asia as mixed inventory report reflects choppy US demand recovery SINGAPORE - Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. Benchmark crude for April delivery was up 5 cents to $81.54 a... |
| Dr. Peter Morici: US trade deficit threatens a second recession On Thursday, the US Commerce Department will report the January deficit on international trade in goods and services. Analysts expect it to increase to $41 billion from $40.2 billion in December. My... |
| Rupee falls 12 paise against dollar MUMBAI: The Indian rupee depreciated by 12 paise against the US dollar in early trade on Wednesday, following the American currency's gains overseas. At the Interbank Foreign Exchange (Forex)... |
| Sensex rises 44 points in opening trade on firm Asian markets MUMBAI: The Bombay Stock Exchange benchmark Sensex recovered by nearly 44 points in opening trade on Wednesday on fresh capital inflows from foreign funds amid firming Asian markets. The... |
| Class-action suit targets Microsoft software VANCOUVER — A British Columbia judge has certified a class-action lawsuit against Microsoft that could affect hundreds of thousands of people who have bought personal computers containing Microsoft... |
| China Feb. Trade Surplus Narrows To $7.6 Billion HONG KONG -- China's trade surplus narrowed further to $7.6 billion in February from $14.2 billion in January on surging imports even as the nation's exports continued to rise rapidly, according to... |
| Collective Brands Loss Narrows, Revenue Beats Street PSS ) reported a narrower than expected quarterly loss on Tuesday, and saw revenue that beat analyst expectations. The company, which owns Payless, among other shoe brands, reported a... |
| Asian stocks near 6-week highs, cool to China data HONG KONG (Reuters) - Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on... |
| Oil slips for 2nd day as U.S. crude inventories climb SINGAPORE (Reuters) - Oil fell for a second day on Wednesday after an industry report showed U.S. crude stockpiles jumped more than expected last week, dampening hopes of a strong recovery of demand... |
| Goldman seeks leave to appeal Shaw ruling Goldman Sachs Capital Partners is seeking leave to appeal a lower court's ruling that allowed Shaw Communications Inc. to proceed with its bid to purchase a controlling interest in Canwest Global... |
| Rushed launch takes wind out of newest cellphone carrier According to Seaboard estimates, WIND has picked up about 30,000 subscribers in Toronto, Calgary and Edmonton, the three cities it now offers services... |
| Canadian corporates go on a shopping spree If corporate Canada was ever being hollowed out, it is now being filled in. For the first time in five years, the announced acquisitions of international companies by Canadian entities outstripped... |
| Air Canada, Emirates war of words escalates The fight to limit Emirates Airline's access to the Canadian market escalated Tuesday with Calin Rovinescu, Air Canada's chief executive, accusing the UAE airline of telling "fairy tales" about the... |
| Toyota's Prius put in the spotlight Toyota Motor Corp., struggling to regain a reputation for quality after unintended acceleration forced the recall of millions of vehicles, will investigate a report in California of a Prius hybrid... |
| Freed fiery litigator warns of new fraud wave SAN FRANCISCO - His debt to society finally paid in full, William Lerach, the fiery shareholder litigator who exposed the excesses of Enron before running afoul of the law himself, warned of another... |
| Jobless aid, tax breaks clear hurdle in U.S. Senate The 66 to 34 vote allows the Senate to move toward a final vote for the bill, part of what Democrats call a “jobs agenda” to bring down the country’s 9.7% unemployment rate before November... |
| Royal Bank eyes U.S. expansion Gordon Nixon, Royal Bank chief executive, has said he’ll be “cautious” about U.S. takeovers as long as there’s uncertainty over regulations and the... |
| Citigroup shares surge 8% on Fairholme interview NEW YORK -- Citigroup Inc stock surged as much as 8.4% on Tuesday after a prominent fund manager said the bank's shares were underpriced. In an interview with Fortune, Fairholme fund manager Bruce... |
| Minco Gold shares jump on gold discovery in China Shares of Minco Gold Corp jumped 33% percent on Tuesday, after the junior gold explorer reported discovery of a "significant gold zone" at one of its exploration properties in China. The company... |
| XSEL Reschedules Fourth Quarter and Full Year 2009 Earnings Results Announcement to Tuesday, April 20, 2010 time)) to discuss the fourth quarter and full year of 2009 and recent business activities. Interested parties may dial into the conference call at (US) +1 800 510 0178 or +1 617 614 3450 / (UK)... |
| China's February Exports Jump 45.7 Percent China's exports grew strongly in February in a new sign of a rebound in global demand, government figures showed Wednesday. Exports were up 45.7 percent in February over a year earlier, the... |
| Soaring China Home Prices Thwart Ordinary Buyers The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared,... |
| Bank of America Ends Overdraft Fees on Debit Cards Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting... |
| Business Groups Launch Ad Against Health Care Bill Major business groups Tuesday announced a multimillion-dollar ad campaign to stop President Barack Obama's health care overhaul as it approaches a make-or-break vote in the House. The ad buy,... |
| Shares of Bailed out Companies Surge Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. raised hopes that other bailed-out... |
| Asian stock markets trade in narrow range again NEW YORK Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows. ... |
| ADR's service is one that goes beyond outsourcing On his first trip to China some 20 years ago, Larry Mahoney found that "the streets were packed with people on bicycles." These days, however, it's BMWs and Mercedes-Benzes that crowd the... |
| Soaring China property prices raise worries over bubble, leave many unable to buy own homes SHANGHAI - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have... |
| Equity skimmer admits to crimes When Timothy Beliveau appeared in federal court Tuesday to plead guilty to money laundering and tax evasion charges, he didn't mention the people who allegedly lost their home equity in his... |
| Soaring China home prices thwart ordinary buyers By ELAINE KURTENBACHAP BUSINESS WRITER SHANGHAI -- The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for... |
| Citigroup Reportedly Agrees To Sell Real Estate Investment Unit To Apollo Global Management - Update News ) reportedly agreed Tuesday to sell its real-estate investment business Citi Property Investors under Citi Holdings, to private equity firm Apollo Global Management LLC. The unit has about 65... |
| Microsoft researcher, a computing pioneer, wins Turing Award For inventing a prototype of the modern PC, Microsoft researcher Chuck Thacker has won the prestigious A.M. Turing Award for a lifetime of contributions to computing. "I'm still recovering," Thacker... |