The first flight by a commercial plane powered partly by biofuel lands in Amsterdam. Source: BBC News | Business | World Edition | 24 Feb 2008 | 1:19 pm
HONG KONG (Reuters) - Bain Capital Partner's $2.2 billion bid to buy 3Com Corp with China's Huawei Technologies failed due to acquisition complexities and rising costs, Huawei said in its... Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 10:44 am
HONG KONG (Reuters) - Bain Capital Partner's $2.2 billion bid to buy 3Com Corp with China's Huawei Technologies failed due to acquisition complexities and rising costs, Huawei said in its first public comments since U.S. national security concerns scuppered the deal on Wednesday.
NEW YORK (Reuters) - A rescue for bond insurer Ambac
Financial Group Inc may be announced on Monday or
Tuesday, a person familiar with the matter said on Friday.
ZURICH (Reuters) - Switzerland's UBS on Sunday denied a newspaper report that its Chairman Marcel Ospel would definitely leave after another year at the helm, but reiterated that his... Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 10:39 am
ZURICH (Reuters) - Switzerland's UBS on Sunday denied a newspaper report that its Chairman Marcel Ospel would definitely leave after another year at the helm, but reiterated that his future after this period was undecided.
TEL AVIV (MarketWatch) - The U.S. Food and Drug Administration canceled a meeting set for Feb. 27 to review Theravance Inc.'s telavancin, a drug designed to treat complicated skin and skin-structure infections caused by Gram-positive bacteria.
A federal judge gave the go-ahead to a class-action suit that claims that Microsoft Corp. misled consumers about some personal computers’ ability to run its Vista operating system, media reports said.
ZURICH (Reuters) - The merger of the asset management divisions of ABN AMRO and Fortis is proceeding faster than planned, a senior Fortis banker was quoted as saying. Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 8:27 am
ZURICH (Reuters) - The merger of the asset management divisions of ABN AMRO and Fortis is proceeding faster than planned, a senior Fortis banker was quoted as saying.
As persons living with HIV/AIDS and growing older -- we are two of the subjects of the Feb. 5 Times article about growing older with HIV/AIDS -- we wish to make an important point concerning an article by Daniel Costello ("HIV treatment becoming profitable," Feb. 21).
For military families with loved ones in the Middle East, the stress of making ends meet when one spouse is away is difficult enough without the extra burden of payment shock brought on by adjustable-rate-mortgage resets. But there could be some relief for these households if they ask for it.
Dear Liz: A debt I owe is appearing as two debts to two different companies on my credit report. One is the original company and the other is a collection agency. Can credit bureaus do that, and what happens if I don't pay either of them?
Ignore the sales pitches and take advantage of these free or low-cost tools to safeguard your identity and credit. ... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
Dear Liz: A debt I owe is appearing as two debts to two different companies on my credit report. One is the original company and the other is a collection agency. Can credit bureaus do that, and what... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
As it's done with other troubled programs, the company is relying on Patrick Shanahan to get the 787 back on track. ... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
For military families with loved ones in the Middle East, the stress of making ends meet when one spouse is away is difficult enough without the extra burden of payment shock brought on by adjustable-rate-mortgage... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
Cutting-edge products let consumers who say they would pay more for efficiency put their money where their mouths are. ... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
As persons living with HIV/AIDS and growing older -- we are two of the subjects of the Feb. 5 Times article about growing older with HIV/AIDS -- we wish to make an important point concerning an article... Source: Infocious RSS raw feed - channel BNPaperBusiness | 24 Feb 2008 | 8:00 am
SOUTH NORWALK, Conn. and LONDON, Feb. 24 /PRNewswire/ -- Multi-national businesses are likely to move their headquarters away from London if a third runway isn't... Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 5:30 am
SOUTH NORWALK, Conn., and LONDON, Feb. 24 /PRNewswire/ -- Virgin Atlantic, one of the world's leading long-haul airlines, will today fly one of its Boeing 747 jumbo... Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 5:30 am
Japanese automobile sales in other Asian markets are forecast to reach five million units in 2008, surpassing the domestic market for the first time, a newspaper said Sunday. Source: Infocious RSS raw feed - channel BNewsBusiness | 24 Feb 2008 | 3:42 am
Lok'nStore is a tidy business looking after lots of junk. It is where newlyweds, divorcees and businesses go to store the stuff they do not want cluttering their homes or offices. Focused on the south-east, it now has 23 sites and 7,000 customers who buy their space for an average of 11 months at a time. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
The Government is to bow to intense pressure from the financial community and publish a second "clarification" on its widely criticised proposals to tax non-domiciled workers. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
The London Stock Exchange is to tackle its principal New York rival head-on by vying to attract $1bn-plus companies from Latin America to list in Britain. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
It might be regarded as one of Britain's less upmarket supermarket chains, but shareholders in Iceland, the frozen food retailer, have more than trebled their investment since they bought the retailer's parent company three years ago Source: Telegraph Business | 24 Feb 2008 | 12:01 am
Lord Peter Levene, who has chaired Lloyd's of London since November 2002, is facing a race against time to clinch an unprecedented third term in the post as part of an overhaul of the way the world's largest insurance market is governed. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
The humble British sandwich has never been so popular. Hard on the heels of the £345m sale of Pret a Manger, Eat, a rival fast-food chain, is considering a deal that would generate its shareholders a sizeable amount of dough.. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
Microsoft insisted it had no plans for mass job cuts in the wake of its proposed deal with Yahoo! in a message to staff in which the software giant sounded increasingly certain of its success. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
Sir Richard Branson will warn today that London's status as a global financial centre will be threatened unless the Government approves the construction of a third runway at Heathrow Source: Telegraph Business | 24 Feb 2008 | 12:01 am
The Prime Minister's reputation is at the mercy of bank's ability to survive the credit crisis, says Peter Koenig. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
WPP, the marketing services conglomerate headed by Sir Martin Sorrell, will this week unveil a 20 per cent increase in its full-year dividend but will break from years of tradition by failing to give any guidance about budgeted revenue growth for 2008. Source: Telegraph Business | 24 Feb 2008 | 12:01 am
THE insurance tycoon Peter Cullum is in talks to sell a 25% stake in his business to a private-equity group in a deal that will value his company at more than £3 billion. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
TIMING is everything in this game. Within hours of last Sunday’s piece, saying
one key element of Alistair Darling’s recovery plan should be avoiding the
nationalisation of Northern Rock, he was announcing that very thing at a
hastily convened Treasury press conference. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
THE American company behind Budweiser beer, Anheuser-Busch, is this weekend examining whether to launch a last-ditch counter-offer for Scottish & Newcastle, Britain’s biggest brewer. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
THE Royal Bank of Scotland will attempt to silence its critics this week by announcing a hike in its full-year dividend. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
MINING groups Vale and Xstrata are inching towards a deal that will create the world’s largest mining group. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
THE BAA airports group is trying to ease its cash problems by raising a £1
billion loan against its regional airports. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
CENTRICA, the owner of British Gas, is plotting an offer worth up to $600m (£305m) for a clutch of North Sea gasfields owned by Shell and Exxon Mobil. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
LOOK through squinted eyes and you can still see what once attracted people to
Cleveland’s Slavic Village. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
IT’S BEEN nearly three weeks since Jerry Yang sent out the invitations and still nobody has replied. The Yahoo co-founder knows whom he doesn’t want to come to the party: Microsoft’s Steve Ballmer. Time is passing and Yang’s snacks are starting to curl. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
ONE of Germany’s biggest financial institutions is to sue UBS, the Swiss banking giant, claiming it was mis-sold hundreds of millions of pounds worth of sub-prime securities. Source: Latest Business News from Times Online | 24 Feb 2008 | 12:00 am
The meatpacking company that issued the largest U.S. meat recall ever last week could shut down, according a Saturday report in the Wall Street Journal.
Investors hope that a last-minute plan to bail out ailing bond insurers next week will spark optimism for a market that has remained plagued by the ongoing credit crisis and worries that the economy is on the brink of recession.
A Microsoft executive on Friday sent workers an upbeat email outlining a vision of how the software giant expects to take over Yahoo and merge the companies' cultures and resources. Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Feb 2008 | 7:31 pm
Iran's Oil Minister Gholam Hossein Nozari said on Saturday that Tehran would back a plan to cut oil production at next month's OPEC meeting, the oil ministry news agency Shana said. Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Feb 2008 | 7:29 pm
Broadcaster Lowell Paxson is reported disputing statements from Sen. John McCain's presidential campaign that the senator did not meet with him or his lobbyist in 1999.
The presidents of Argentina, Brazil and Bolivia failed to resolve a natural gas dispute Saturday, but agreed to study how to divide Bolivian supplies to avoid an energy crunch, an... Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Feb 2008 | 6:54 pm
The European Commission is reportedly planning next week to ask sovereign wealth funds to accept a code of conduct governing their investment activities.
Investors in Auckland Airport hoping to gain from a partial takeover bid have been left wondering what to wish for, after its share price jumped 30c in a week.
Airport shares hit $2.83 on Thursday, up from $2.53 at the close of... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
Popular fears that a horde of elderly and dependent baby boomers will soon be sucking the life out of an ever-shrinking younger workforce are being dismissed by a top economist, who says older Kiwis are staying at work in record numbers.
Kel... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
How can Labour appoint its financial sugar daddy as honorary consul to Monaco when it has previously consistently refused to appoint a New Zealand representative, despite personal representations from Prince Albert himself?
Letters... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
The Commerce Commission is investigating several alleged breaches of the Fair Trading Act by Blue Chip, which may have broken a string of laws.
The Serious Fraud Office (SFO) is also looking into the property investment business... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
Stocks in the US rallied late yesterday on news banks were near an agreement to bail out bond insurer Ambac Financial, a deal that could prevent further damage to the banking industry and credit markets.
After trading in negative... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
Investors hope that a last-minute plan to bail out ailing bond insurers next week will spark optimism for a market that has remained plagued by the ongoing credit crisis and worries that the economy is on the brink of recession.
What have you been doing in New Zealand?
I'm participating in a conference being held by The Hyperfactory. It has pulled together agencies, marketers and people from the industry to share best practices on mobile marketing and... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
What is it called and what sort of savings product is it?
OM-IP 3 Eclipse is a capital- protected alternative asset investment.
What is the company behind it?
The investment manager is Man Investments, a wholly owned subsidiary... Source: New Zealand Herald - Business | 23 Feb 2008 | 5:00 pm
Sovereign wealth funds will be asked to accept a voluntary code of conduct governing their investment activities under European Union proposals Source: FT.com - US homepage | 23 Feb 2008 | 3:07 pm
Tate & Lyle sugar is to be accredited as a Fairtrade product, becoming the biggest UK firm to carry the label. Source: BBC News | Business | World Edition | 23 Feb 2008 | 1:23 pm
