South Korea's top car maker Hyundai Motor said Sunday it would begin mass producing hybrid cars next year amid growing demand for fuel-efficient and environmentally friendly vehicles. Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Mar 2008 | 1:28 pm
Reuters - Carlyle Group and Kohlberg
Kravis Roberts are among several private equity firms
keen on British biofuel additives producer Infineum, the
Telegraph reported on Sunday.
LONDON (Reuters) - Carlyle Group and Kohlberg Kravis Roberts are among several private equity firms keen on British biofuel additives producer Infineum, the Telegraph reported on Sunday.
Reuters - UBS shareholders will consider
a proposal for a fresh capital hike of 10 billion Swiss francs
($9.88 billion) next month, according to a Swiss newspaper
report on Sunday.
ZURICH (Reuters) - UBS shareholders will consider a proposal for a fresh capital hike of 10 billion Swiss francs ($9.88 billion) next month, according to a Swiss newspaper report on... Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Mar 2008 | 1:05 pm
ZURICH (Reuters) - UBS shareholders will consider a proposal for a fresh capital hike of 10 billion Swiss francs ($9.88 billion) next month, according to a Swiss newspaper report on Sunday.
LONDON (Reuters) - Carlyle Group and Kohlberg Kravis Roberts are among several private equity firms keen on British biofuel additives producer Infineum, the Telegraph reported on Sunday. Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Mar 2008 | 1:02 pm
Lenders claim they want to help troubled mortgage borrowers stay in their homes. But the reality is that many foreclosure prevention counselors are running into lots of obstacles.
NEW YORK (MarketWatch) -- Stocks will enter the final week of the first quarter with investors hoping to build on nascent gains scored after the near-collapse and subsequent bailout of investment firm Bear Stearns.
The U.S. Federal Reserve said it's not in discussions with other central banks to coordinate purchases of mortgage-backed securities, The Wall Street Journal reported. A Financial Times report on Saturday had said the Fed and some of its European counterparts awee talking about the practicality of using public money to buy large quantities of mortgage-backed assets to clean up the credit mess jeopardizing global economic growth.
The Food and Drug Administration warned that cantaloupes from a Honduran producer may be tainted with salmonella and it detained all shipments of cantaloupes by the company.
China attacked those who have criticized its crackdown on Tibet, accusing the Dalai Lama of plotting terror and describing U.S. House Speaker Nancy Pelosi as “habitually bad tempered,” media reports on Sunday said.
AFP - Tony Baltes has been making US election gear for three decades and has seen nothing like it before. Rocketing demand for campaign products has left his small company gasping for breath.
QINGDAO, China (Reuters) - Scores of South Korean-owned factories are closing surreptitiously in eastern China as their owners flee rising costs, leaving behind embittered workers like Li Hua.
Pakistan People's party names former Speaker Yousaf Raza Gilani, jailed by military government, as its candidate for prime minister and head of ruling opposition coalition Source: FT.com - US homepage | 23 Mar 2008 | 7:27 am
Downtown should be the best place to live in the near future. The near-term housing effects are more a reaction to the mortgage crisis than the viability of downtown. ("A cooldown in downtown housing,"... Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
The economy is tanking, banks are scrambling for cover, the Fed is repeatedly cutting interest rates . . . and business is booming at pawn shop Crown City Loan & Jewelry in Old Pasadena.
Ready to experiment with getting films via the Internet? Before you sit down on the couch with the bag of microwave popcorn, ready to enjoy the latest video release, there's a bit of advance planning
These half-dozen online services let you rent or buy movies with the click of a mouse (or a remote control). The services differ in terms of the films they offer and the devices they support. ... Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
Dear Liz: The investments in my 401(k) have dropped more than 20% over the last year. My investments are mainly in stocks because I am relatively young (32), though I recently rebalanced to include some... Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
Downtown should be the best place to live in the near future. The near-term housing effects are more a reaction to the mortgage crisis than the viability of downtown. ("A cooldown in downtown housing," March 13.)
One of Southern California's largest office landlords, Dan Emmett prefers keeping a low profile and is notoriously press shy.
One of Southern California's largest office landlords, Dan Emmett, apparently missed all the memos from Donald Trump about how to act like a real estate mogul.
Ready to experiment with getting films via the Internet? Before you sit down on the couch with the bag of microwave popcorn, ready to enjoy the latest video release, there's a bit of advance planning... Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
The federal agency may aid those with little equity or cash for a down payment.
With the housing downturn and credit crunch in full force, it might be time for home buyers and homeowners to learn more about a federal mortgage program launched during the Great Depression.
One of Southern California's largest office landlords, Dan Emmett prefers keeping a low profile and is notoriously press shy. ... Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
These half-dozen online services let you rent or buy movies with the click of a mouse (or a remote control). The services differ in terms of the films they offer and the devices they support.
Dear Liz: The investments in my 401(k) have dropped more than 20% over the last year. My investments are mainly in stocks because I am relatively young (32), though I recently rebalanced to include some Treasury bills. Most of the investments offered by my company's 401(k) plan have been falling precipitously in recent months. Do you have any advice on how to better manage the drop? I'm not worried about it short term, but shouldn't we periodically adjust our investments given the economic climate to maximize returns or at least avoid what will likely be a falling stock market in the short term?
The economy is tanking, banks are scrambling for cover, the Fed is repeatedly cutting interest rates . . . and business is booming at pawn shop Crown City Loan & Jewelry in Old Pasadena. Source: Infocious RSS raw feed - channel BNPaperBusiness | 23 Mar 2008 | 7:00 am
Voters in presidential poll give overwhelming support to Ma Ying-jeou as Kuomintang wins third election victory in three years over Democratic Progressive party Source: FT.com - US homepage | 23 Mar 2008 | 3:52 am
World market disruptions won't be giving the Reserve Bank headaches yet, but despite hopes that action by the US Federal Reserve has turned markets around, there may be worse to come.
Central banks have been pumping out billions... Source: New Zealand Herald - Business | 23 Mar 2008 | 1:24 am
QINGDAO, China (Reuters) - Scores of South Korean-owned factories are closing surreptitiously in eastern China as their owners flee rising costs, leaving behind embittered workers like Li... Source: Infocious RSS raw feed - channel BNewsBusiness | 23 Mar 2008 | 12:26 am
Bad weather, the credit crunch and demands on cashflow mean that retailers are bracing themselves for a stormy spring, writes James Hall. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Apax and Cinven, the private equity groups, have abandoned plans to participate in a takeover bid for Mitchells & Butlers, underlining the difficulties facing financial buyers as they consider offers for the troubled bars operator. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
A powerful group of leading Bear Stearns shareholders, including Legg Mason, is plotting a legal assault to block the takeover of the stricken bank by JP Morgan Chase. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Last week, the impact of the credit crunch clearly escalated. An 85-year-old US investment bank - one of the biggest on Wall Street - went bust. Parallels were drawn with 1929. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
A handful of private equity bidders are vying to buy Education & Adventure Travel Group, a company that organises and manages school holidays for thousands of British schoolchildren. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Investors in Media Square, the marketing services group, should be pleased that executive chairman Roger Parry is as focused on money as he is. His office is lined with books, some of which the one-time BBC-journalist-turned-McKinsey-consultant wrote, but there is only one tome that sits on his desk. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Property industry bosses have launched a last-ditch attempt to persuade the government to reverse its decision to abolish empty property relief, arguing that it will stall regeneration of rundown areas and hit small businesses. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
The oil-rich Middle East and China are bailing out Western banks, but at what cost? Mark Kleinman reports. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Britain's most influential investor group, the Association of British Insurers, has launched an attack to curtail a new trend of "payment for failure" at big public companies. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
Landlords have been feeling the pinch as an oversupply of space coincides with the slowdown in the market. Source: Telegraph Business | 23 Mar 2008 | 12:01 am
HE’S a rat, evolving in a festering pot of manure. I jump on his head and kill
him.” There were minutes to go before the toughest move in his career and
Gordon Ramsay was losing his temper as only he can<i>.</i> Dressed in
whites, he leapt up and stamped his feet repeatedly, as if killing vermin.
The glasses, the windows - the waiters – shook. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
THE buy-to-let mortgage specialist Bradford & Bingley has had a key credit-rating cut by Moody’s, amid a sharp jump in the number of customers falling behind with repayments. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
BP and the oil giant’s former chief executive Lord Browne have been named in an American lawsuit alleging bribery of government officials in Grenada. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
ONE of Britain’s largest airlines, Easyjet, will mount a legal challenge over
the stiff price increases imposed at Heathrow and Gatwick. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
BRITAIN’s banks believe they have secured a deal under which the Bank of England will provide the kind of support America’s Federal Reserve has given to its beleaguered financial institutions in recent months. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
THE gas and electricity group Centrica is examining a £10 billion bid for
British Energy (BE), the nuclear power company that last week confirmed it
was in talks with potential suitors. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
THE private-equity group Alchemy Partners is poised to make a stunning return on its investment in CompAir, the firm it bought for just £1 in 2002. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
THE Guardian Media Group is straying further from its Manchester newspaper roots by pumping more than £100m into a fund designed to target investments outside the media industry. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
J SAINSBURY has written to its main suppliers after The Sunday Times revealed
last week that the supermarket giant was embroiled in a £3m bribes
investigation. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
KINGFISHER, the owner of B&Q - Britain’s biggest DIY chain – is expected
to slash its dividend following a strategic review led by its new chief
executive, Ian Cheshire. Source: Latest Business News from Times Online | 23 Mar 2008 | 12:00 am
Reuters - Petroleum prices will range between $80
and $110 per barrel for the rest of 2008, OPEC President Chakib
Khelil said on Saturday. Source: Yahoo! News: Business | 22 Mar 2008 | 10:57 pm
ALGIERS (Reuters) - Petroleum prices will range between $80 and $110 per barrel for the rest of 2008, OPEC President Chakib Khelil said on Saturday. Source: Infocious RSS raw feed - channel BNewsBusiness | 22 Mar 2008 | 9:45 pm
Reuters - The Federal Reserve and Bank
of England denied a report on Saturday that they were in talks
over possibly using public funds to make mass purchases of
mortgage-backed securities to ease the global credit crisis.
LONDON/WASHINGTON (Reuters) - The Federal Reserve and Bank of England denied a report on Saturday that they were in talks over possibly using public funds to make mass purchases of mortgage-backed securities to ease the global credit crisis.
One of two men caught on videotape apparently abusing cattle at a California slaughterhouse has been sentenced to six months in jail. Rafael Sanchez Herrera pleaded guilty to three... Source: Infocious RSS raw feed - channel BNewsBusiness | 22 Mar 2008 | 6:13 pm
" Buy when there's blood on the streets" goes the saying. It's exactly the sort of thing a fat-cat millionaire banker like a Rothschild - the purported author of the quote - would say.
But to the newbie investor just starting their... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
Stocks in the United States jumped on Friday, capping a tumultuous week on optimism that giving Fannie Mae and Freddie Mac a bigger role in the mortgage market will ease a credit crunch that claimed Bear Stearns as victim after JP... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
Few sections of the business world have been so transformed by the growth of the internet as the travel trade.
Indeed, few New Zealanders plan a major holiday or organise flights without using the internet at some stage of the... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
The dollar bubbled on the verge of a new post-float high last week, after the US Federal Reserve slashed interest rates by 75 percentage points.
Our currency could yet hit new highs, with the kiwi simmering below its record of... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
Sacked members of the Hawkes Bay District Health Board are furious that they did not get a final face-to-face meeting with a review panel before it last week issued its damning report into conflicts of interest at the DHB.
They... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
The business interests of Blue Chip co-founders Mark Bryers and Bob Bangerter are under scrutiny as liquidators follow a complicated money trail to track millions of dollars of investors' money.
Blue Chip liquidator Jeff Meltzer... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
Michael Pollard, partner at law firm Simpson Grierson, answers questions about new rules for investment advisers and brokers.
What do the new regulations cover?
The new rules, which came into effect on February 29, are the... Source: New Zealand Herald - Business | 22 Mar 2008 | 5:00 pm
UAE President Sheikh Khalifa bin Zayed al-Nahayan has allocated 4.4 billion dollars for infrastructure projects in parts of the oil-rich seven-emirate federation, the official WAM news... Source: Infocious RSS raw feed - channel BNewsBusiness | 22 Mar 2008 | 4:55 pm
Chinese authorities have reportedly told broadcasters they will prohibit live television shots of Beijing’s Tiananmen Square during the upcoming Olympic Games.
SAN FRANCISCO (MarketWatch) -- Under mounting pressure from surging commodity prices, makers of the name brand foods that fill the nation's grocery shelves are fighting back on several fronts, deploying an arsenal that includes jacking up prices, shutting down factories, and shedding less profitable brands.
Reuters - Carlyle Group and Kohlberg
Kravis Roberts are among several private equity firms
keen on British biofuel additives producer Infineum, the
Telegraph reported on Sunday.
Reuters - UBS shareholders will consider
a proposal for a fresh capital hike of 10 billion Swiss francs
($9.88 billion) next month, according to a Swiss newspaper
report on Sunday.
AFP - Tony Baltes has been making US election gear for three decades and has seen nothing like it before. Rocketing demand for campaign products has left his small company gasping for breath.
Reuters - The Federal Reserve and Bank
of England denied a report on Saturday that they were in talks
over possibly using public funds to make mass purchases of
mortgage-backed securities to ease the global credit crisis.