Nuclear energy becomes pivotal in climate debate

Once vilified by environmentalists and its future dim, nuclear energy has become a pivotal bargaining chip as Senate Democrats seek Republican votes to pass climate legislation. The nuclear
Source: RSS feed - channel BNewsBusiness | 25 Oct 2009 | 3:32 am

Two car bombs explode in Iraqi capital

Twin car bombs targeting two government buildings including the justice ministry killed at least 62 people and wounded 158 in central Baghdad, in the bloodiest attack in the capital for months
Source: Financial Times - US homepage | 25 Oct 2009 | 3:28 am

Allergan wins ruling in patent dispute

Allergan Inc. won a ruling in federal court that its patents on Alphagan, which lowers pressure in the eye in patients with open-angle glaucoma and ocular hypertension, were infringed.



Source: MarketWatch.com - Top Stories | 25 Oct 2009 | 3:25 am

Starbucks, ex-aide settle non-compete dispute

Starbucks Coffee Co., the Seattle coffee-bar chain, settles a lawsuit it filed against a former executive, charging him with breaching a non-competition condition of his employment contract.



Source: MarketWatch.com - Top Stories | 25 Oct 2009 | 2:29 am

Govt-backed body to oversee JAL turnaround: report (Reuters)

Reuters - The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines (9205.T), the Nikkei business daily said, underlining the government's deeper involvement in the process.
Source: Yahoo! News: Stock Markets News | 25 Oct 2009 | 2:25 am

Govt-backed body to oversee JAL turnaround: report (Reuters)

Reuters - The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines (9205.T), the Nikkei business daily said, underlining the government's deeper involvement in the process.
Source: Yahoo! News: Business | 25 Oct 2009 | 2:25 am

Govt-backed body to oversee JAL turnaround: report

TOKYO (Reuters) - The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines , the Nikkei business daily said, underlining the government's deeper involvement in the process.

Source: Reuters: Business News | 25 Oct 2009 | 2:25 am

Electric vehicles are charging up the automotive industry

A dozen all-electric or plug-in hybrid vehicles are expected to hit the market in the next three years. They promise to combine blinding fuel efficiency, radical new technology and futuristic styling...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Business Letters

Re: " Bills weak on denials of coverage ," Oct. 19:
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Muriel Siebert calls for hedge fund regulation

Siebert, the first woman to join the NYSE and chief executive of her own brokerage, says hedge funds are at the heart of the financial industry's problems.

Muriel "Mickey" Siebert is used to fighting for what she wants.



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Credit account dispute could stall mortgage application

Fannie Mae and Freddie Mac, seeking to prevent fraud, have been kicking such applications back to lenders for manual underwriting. ...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Citibank shows why credit card holders need protection

Months before a law takes effect that cracks down on abuses by credit card issuers, the bank increases interest rates to almost 30% on customers who pay their bills on time. ...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Home of the Week update

Former Harry Chandler estate



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

One simple way parents with good credit can help children build theirs

Adding your son as an authorized user to a credit card doesn't mean giving him access to the account. Instead, your card history is simply added to his credit reports, assuming your issuer agrees. ...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Fox Animation Studios' president started out as an intern

Vanessa Morrison has climbed the ranks since being hired 15 years ago. As animation president, she oversees development, production and marketing of family-friendly movies.

The gig : As president of Fox Animation Studios, Vanessa Morrison oversees development, production and marketing of family-friendly movies made by the studio's Greenwich, Conn.-based digital animation house, Blue Sky Studios. Films produced under her tenure include the global blockbuster "Ice Age: Dawn of the Dinosaurs," "Dr. Seuss' Horton Hears a Who!" and the upcoming releases "The Fantastic Mr. Fox," based on Roald Dahl's 1970 novel, and 3-D animated comedy "Rio."



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Fortress-like home protects 85-year-old details

A San Marino mansion's fortress-like exterior shields a finely detailed interior George Washington Smith made...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Business Letters

Re: " Bills weak on denials of coverage ," Oct. 19:



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Credit account dispute could stall mortgage application

Fannie Mae and Freddie Mac, seeking to prevent fraud, have been kicking such applications back to lenders for manual underwriting.

Could a little-known and potentially controversial practice by mortgage giants Fannie Mae and Freddie Mac kill or stall your next loan application? Absolutely.



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Fox Animation Studios' president started out as an intern

Vanessa Morrison has climbed the ranks since being hired 15 years ago. As animation president, she oversees development, production and marketing of family-friendly movies. ...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

One simple way parents with good credit can help children build theirs

Adding your son as an authorized user to a credit card doesn't mean giving him access to the account. Instead, your card history is simply added to his credit reports, assuming your issuer agrees.

Dear Liz: My credit scores are good (over 800 when I refinanced my mortgage last year). I was thinking of listing my son, who is 14, as an authorized user of my credit cards to start establishing his credit history. Will it work? Is there any other way to help him? If it is too early, when is a good time to start?



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Fortress-like home protects 85-year-old details

A San Marino mansion's fortress-like exterior shields a finely detailed interior

George Washington Smith made his name creating Spanish Colonial Revival mansions in Montecito and Santa Barbara from 1917 to 1930, but the Pennsylvania-born architect and painter also left his mark on Beverly Hills, Pasadena and San Marino.



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Muriel Siebert calls for hedge fund regulation

Siebert, the first woman to join the NYSE and chief executive of her own brokerage, says hedge funds are at the heart of the financial industry's problems. ...
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Citibank shows why credit card holders need protection

Months before a law takes effect that cracks down on abuses by credit card issuers, the bank increases interest rates to almost 30% on customers who pay their bills on time.

Ed Myska works as executive vice president of El Segundo's Bank of Manhattan, so it's pretty fair to say that he knows a thing or two about keeping his financial house in order.



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Home of the Week update

Former Harry Chandler estate
Source: RSS feed - channel BNPaperBusiness | 25 Oct 2009 | 1:00 am

Electric vehicles are charging up the automotive industry

A dozen all-electric or plug-in hybrid vehicles are expected to hit the market in the next three years. They promise to combine blinding fuel efficiency, radical new technology and futuristic styling.

Next time you're filling up the cavernous fuel tank of the gas-gulping family jalopy, imagine getting 230 miles per gallon.



Source: L.A. Times - Business | 25 Oct 2009 | 1:00 am

Germany preparing for post-slump labour crunch

German companies' order books are thin and people are working shorter hours, but some firms warn that qualified staff are hard to find as they recruit ahead of an anticipated rebound. At
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 10:51 pm

China to keep yuan weak until crisis over: experts

China will maintain a weak yuan until its export sector has recovered from the global crisis, prioritising concerns at home despite growing pressure from its major trading partners,...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 10:29 pm

Earnings, data to determine rally's fate

NEW YORK (Reuters) - Stock bulls may hit the pause button again next week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh incentives to extend Wall Street's seven-month rally.

Source: Reuters: Business News | 24 Oct 2009 | 10:26 pm

Earnings, data to determine rally's fate

NEW YORK (Reuters) - Stock bulls may hit the pause button again next week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 10:26 pm

Earnings, data to determine rally's fate (Reuters)

FILE - In this Oct. 21, 2009 file photo, a specialist looks at a graph at his post on the floor of the New York Stock Exchange.  (AP Photo/Richard Drew)Reuters - Stock bulls may hit the pause button again next week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh incentives to extend Wall Street's seven-month rally.



Source: Yahoo! News: Stock Markets News | 24 Oct 2009 | 10:26 pm

Earnings, data to determine rally's fate (Reuters)

FILE - In this Oct. 21, 2009 file photo, a specialist looks at a graph at his post on the floor of the New York Stock Exchange.  (AP Photo/Richard Drew)Reuters - Stock bulls may hit the pause button again next week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh incentives to extend Wall Street's seven-month rally.



Source: Yahoo! News: Business | 24 Oct 2009 | 10:26 pm

Govt-backed body to oversee JAL turnaround: Nikkei

TOKYO (Reuters) - The Japanese government has decided to put a state-backed turnaround body in charge of the revitalisation of Japan Airlines , the Nikkei business daily said on Sunday,...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 9:56 pm

Land deal advisor resigns from Calpers

LOS ANGELES (Reuters) - The real estate investment manager who led the California Public Employees' Retirement System, the nation's largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.

Source: Reuters: Business News | 24 Oct 2009 | 9:05 pm

UPDATE 1-SK Energy to supply car batteries for Daimler unit

SEOUL, Oct 25 (Reuters) - South Korea's SK Energy said on Sunday it has been chosen as a supplier of lithium-ion batteries for a hybrid electric vehicle project for Daimler unit Mitsubishi Fuso.
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 8:46 pm

SK Energy to supply car batteries for Daimler unit

SEOUL, Oct 25 (Reuters) - South Korea's SK Energy said on Sunday it has been chosen as a supplier of lithium-ion batteries for a hybrid electric vehicle project for Daimler unit Mitsubishi Fuso.
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 7:24 pm

PM vows economic upturn by 2010

Gordon Brown promises the economy will return to growth by the turn of the year, in a podcast on the Number 10 website.
Source: BBC News | Business | World Edition | 24 Oct 2009 | 6:16 pm

BP’s new chairman to lead boardroom shake-up

BP’s new chairman is preparing a boardroom shake-up as part of far-reaching changes at the oil giant.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Virgin’s Scottish space dream

Sir Richard Branson’s Virgin Galactic is seeking government support to launch commercial space flights in Britain.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Agenda: The dangers of wishing for a speedy recovery

Don’t wish for too much growth — it could be fatal. Nobody wants the recession to continue, but there are dangers in springing out of it too quickly. For the moment, that looks a remote worry. All the economists and forecasters — and it was most of them — who joyfully predicted the recession had come to an end in the last quarter were left with egg on their faces on Friday when GDP figures showed the economy actually shrank by 0.4%.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Lloyds seeks £23bn to exit state scheme

Lloyds will announce within days a controversial £23 billion fundraising that will bolster its balance sheet and finally repair the damage caused by its disastrous takeover of rival HBOS.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Icelandic group set to offload West Ham United

The Icelandic owners of West Ham United have put the Premier League club up for sale. CB Holdings, which runs the east London side, has hired two investment banks to find a new backer.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Cable & Wireless to revive split plan

Cable & Wireless (C&W) has revived plans for a £3.6 billion demerger a year after putting a proposed split on hold.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

JD plots £42m football coup

JD Sports is preparing to gatecrash the £42.5m takeover of AIM-listed Powerleague, Britain’s biggest operator of five-a-side football centres.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

MPC told: don’t panic over recession figures

Economists have warned policymakers not to be fooled into pumping too much money into the economy on the back of Friday’s unexpectedly weak gross domestic product figures.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Centrica to seal £400m fundraising

Centrica, the owner of British Gas, is set to pocket £400m from a deal in which it will sell half its stake in the world’s largest wind farm.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

New probe on Iceland ‘money laundering’

Investigators looking into the collapse of Iceland’s financial system are re-examining allegations that its banks may have been involved in money laundering.


Source: Latest Business News from Times Online | 24 Oct 2009 | 6:01 pm

Land deal advisor resigns from Calpers (Reuters)

Reuters - The real estate investment manager who led the California Public Employees' Retirement System, the nation's largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.
Source: Yahoo! News: Business | 24 Oct 2009 | 5:55 pm

UAW head: Ford deal opponents using misinformation

United Auto Workers President Ron Gettelfinger says opponents of the union's deal with Ford Motor Co. are putting out misinformation to get members to vote against it. Gettelfinger says...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 5:48 pm

Calif. investor ends role with top pension fund

San Francisco businessmen Victor MacFarlane is ending his longtime role as a real estate adviser to the California Public Employees' Retirement System. The development comes after real...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 5:05 pm

Land deal advisor resigns from Calpers: report

LOS ANGELES (Reuters) - The real estate investment manager who led the California Public Employees' Retirement System, the nation's largest pension fund, into a money-losing land venture...
Source: RSS feed - channel BNewsBusiness | 24 Oct 2009 | 3:09 pm

NewsWatch: Easily spooked, stock investors await earnings

Buy or bail? Investors will have a raft of earnings reports to digest during a week that's bound to continue stocks' bumpy ride,.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 3:00 pm

Saving their homes: Did Obama help?

In June, CNNMoney profiled homeowners hoping to qualify for the President's foreclosure-prevention plan. Four months later, we check in on our panel.
Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 2:23 pm

Obama phones France, Russia on Iran plan

Discusses U.N. proposal to disperse part of Iran's nuclear stockpile.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 1:49 pm

The rise and fall of oil production

Conventional oil powers modern economies and provides around a third of the world's energy. But many commentators forecast a nearterm peak soon and subsequent decline in global production as the resource is depleted. Some expect this to lead to major economic disruption with "nonconventional" sources being unable to fill the gap in the timescale required.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 1:33 pm

Let the battle begin over black gold

Amid centenary celebrations at BP the oil giant is squaring up to rivals to secure the fossil fuel resources necessary to underpin future prosperity.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 1:30 pm

Climate targets can't be achieved say energy companies

The Government has been warned that its climate change targets are "illusory" and "delusional" as global leaders prepare to sign up to stricter guidelines at the Copenhagen climate change conference in six weeks.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 1:07 pm

UK households 'lost 13pc of wealth in one year'

The huge impact of the economic turmoil on households in Britain has been revealed by new figures that show that household wealth in Britain fell by £844bn between 2007 and 2008.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 12:59 pm

Film industry split over merger plan

The British Film Institute has told the Government the state's vision for a fullblown merger of the BFI and UK Film Council is "not legally possible".
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 12:52 pm

Sir Brian Pitman backs call to split bank roles

Sir Brian Pitman the former chairman of Lloyds TSB has joined the ranks of City grandees calling for high street lenders to be split from their risky investment banking arms.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 12:48 pm

Probe widens in Galleon case: report (Reuters)

Galleon hedge fund partner Raj Rajaratnam (L) is escorted by FBI agents after being taken into custody in New York October 16, 2009. REUTERS/Brendan McDermidReuters - Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.



Source: Yahoo! News: Business | 24 Oct 2009 | 12:40 pm

Probe widens in Galleon case: report

CHICAGO (Reuters) - Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.

Source: Reuters: Business News | 24 Oct 2009 | 12:40 pm

Blackstone plans IPO for Merlin: Report

U.K.-based entertainment company could bring as mujch as $3.3 billion in its debut.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 12:23 pm

Forensics group LGC put up for sale

LGC the forensic sciences group that specialises in activities from helping the police solve murders to paternity testing has been put up for sale by its private equity owner for £200m.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 12:01 pm

Lack of London offices for sale fuels price recovery

There are almost 80pc fewer offices for sale in Central London than a year ago highlighting the lack of supply that is underpinning the recovery in commercial property values.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 11:54 am

Politicians must wake up to reality


Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 11:45 am

Lords to hear evidence against EU's hedge fund directive

A powerful House of Lords subcommittee will this week hear criticism of the EU's draft directive on the regulation of hedge funds and private equity as it finalises its report into the proposals.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 24 Oct 2009 | 11:42 am

Capmark Financial to file bankruptcy: WSJ

Fomer GMAC lending arm reported ready to seek protection this weekend.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 11:40 am

Strong quake hits off coast of eastern Indonesia

7.0 temblor recorded under Banda Sea; no tsunami, injuries or damage reported.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 10:40 am

Obama declares swine flu is a national emergency

Move gives officials more leeway in fighting epidemic.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 10:23 am

Small-town living lures big-city refugees

Sick of traffic jams, obsessing about money, paying high prices for distinctly ordinary property and feeling that time is passing at warp speed? It could be time to escape the city. Jaded with the urban jungle, Aucklanders and Wellingtonians...
Source: nzherald.co.nz - Business | 24 Oct 2009 | 10:00 am

Novel idea for the future

Music and movies will fuse with books and coffee next month when music specialist Marbecks opens a concept store in Dunedin.Marbecks' managing director Roger Harper describes it as a "boutique Borders", complete with a cafe. If...
Source: nzherald.co.nz - Business | 24 Oct 2009 | 10:00 am

Flashy bashes return

Glitzy corporate parties are back. Telecom held a celebrity-studded bash to celebrate rebranding earlier this month. Marc Ellis and Monty Betham were among guests at Vector Arena, where artificial grass and a skate ramp were installed...
Source: nzherald.co.nz - Business | 24 Oct 2009 | 10:00 am

Martin Hawes : Exchange rate offers opportunity

In finance, what one sees as a threat, another sees as an opportunity. At present, New Zealand's exchange rate threatens exporters and farmers but gives an opportunity for importers and smart investors.This is an excellent time...
Source: nzherald.co.nz - Business | 24 Oct 2009 | 10:00 am

NewsWatch: Easily spooked, stock investors await earnings

Buy or bail? Investors will have a raft of earnings reports to digest during a week that's bound to continue stocks' bumpy ride,.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 10:00 am

Kiwi link in Russian tax fraud allegations

A mega-wealthy ex-pat Kiwi has been unwittingly caught up in an alleged $500-million-plus fraud with claims top Russian government ministers were involved.British hedge fund Hermitage Capital Management Limited has filed a number...
Source: nzherald.co.nz - Business | 24 Oct 2009 | 10:00 am

Wall Street eyes new catalyst as earnings rally fades (AFP)

Two specialists at Barclays Capital pause work on the floor of the New York Stock Exchange. The earnings-driven rally of the past few weeks appears to have run out of steam on Wall Street, leaving the market in search of a new catalyst heading into the final stretch of 2009.(AFP/File/Stan Honda)AFP - The earnings-driven rally of the past few weeks appears to have run out of steam on Wall Street, leaving the market in search of a new catalyst heading into the final stretch of 2009.



Source: Yahoo! News: Stock Markets News | 24 Oct 2009 | 9:55 am

Germany's center-right parties form coalition

Three weeks of negotiations produce agreement to form new government based on result of Sept. 27 election.



Source: MarketWatch.com - Top Stories | 24 Oct 2009 | 9:53 am

New post strike talks scheduled

Talks aimed at resolving the postal workers strike are to be held in London on Monday, the TUC says.
Source: BBC News | Business | World Edition | 24 Oct 2009 | 9:41 am

Blackstone prepares Merlin float for early 2010: source

LONDON (Reuters) - Private equity firm Blackstone is preparing to float theme park operator Merlin Entertainments next year, hoping to take advantage of buoyant equity markets, a source familiar with the situation said.

Source: Reuters: Business News | 24 Oct 2009 | 9:22 am

People power

Why Dutch depositors brought down the bank
Source: BBC News | Business | World Edition | 24 Oct 2009 | 8:44 am

Purell in short supply - but please don't hoard it

Demand for hand sanitizer has gone through the roof since the first cases of swine flu broke out earlier this year, and some makers of the germ-fighting gels are scrambling to keep up.
Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 6:45 am

40 hottest young rising stars

Meet Fortune's 40 under 40. They're innovators, value creators, and agents of change. And they're influencing everything from software to music to Detroit.
Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 6:44 am

Bank failures stack up: Now 106 for 2009

The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure.
Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 6:43 am

6 cars with luxury feel and mass appeal


Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 6:36 am

Merkel unveils new coalition

Angela Merkel, the German chancellor, unveiled her new government’s coalition agreement, promising to cut taxes by €24bn in order to boost economic growth
Source: Financial Times - US homepage | 24 Oct 2009 | 6:19 am

Bank Failures Hit 106, Could Go As High As 1,000

According to information provided by the FDIC, seven more banks failed yesterday, bringing the total to 106 for the year, the most since 1992.  Three of the banks were in Florida. The number could go much higher. RBC Capital Markets has estimated that over 1,000 banks will fail over the next three to five years. In September, [...]

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Source: 24/7 Wall St. | 24 Oct 2009 | 6:14 am

Windows 7 student upgrade hell


Source: Business and financial news - CNNMoney.com | 24 Oct 2009 | 6:13 am

HBOS overdraft fees criticised

New overdraft charges introduced by Halifax Bank of Scotland are criticised by consumer watchdog Which?
Source: BBC News | Business | World Edition | 24 Oct 2009 | 4:59 am

Asian leaders eye EU-style bloc

Asian leaders meeting in Thailand are discussing plans to "lead the world" by forming an EU-style community.
Source: BBC News | Business | World Edition | 24 Oct 2009 | 4:30 am

Saudi SABB bank books $94 mln for Q3 loan losses

RIYADH (Reuters) - SABB bank , HSBC's Saudi affiliate, booked 351.5 million riyal ($93.7 million) in provisions for loan losses during the third quarter, bourse data showed on Saturday.

Source: Reuters: Business News | 24 Oct 2009 | 2:48 am

Saudi SABB bank books $94 mln for Q3 loan losses (Reuters)

Reuters - SABB bank (1060.SE), HSBC's Saudi affiliate, booked 351.5 million riyal ($93.7 million) in provisions for loan losses during the third quarter, bourse data showed on Saturday.
Source: Yahoo! News: Stock Markets News | 24 Oct 2009 | 2:48 am