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Renault to build Clio in FranceRenault says some new Clio models will be built in France, calming fears that production would move to Turkey.Source: BBC News | Business | World Edition | 18 Jan 2010 | 3:36 am Google probing possible inside help on attackSHANGHAI (Reuters) - Google is investigating whether one or more employees may have helped facilitate a cyber-attack that the U.S. search giant said it was a victim of in mid-December, two sources told Reuters on Monday.Source: Reuters: Business News | 18 Jan 2010 | 3:35 am Unions to hold new BA strike voteBritish Airways cabin crew will vote again on possible strike action, the Unite union has announced.Source: BBC News | Business | World Edition | 18 Jan 2010 | 3:31 am 'Years' for UK cities to recoverIt will take several years for some parts of the UK to recover from the recession, a think tank claims.Source: BBC News | Business | World Edition | 18 Jan 2010 | 3:30 am 10 stocks for the long runThere are plenty of reasons you might think that the rally that began in early March will slow down this year. For one thing, the stock market isn't cheap anymore -- not after enjoying a greater-than-60% climb in the past nine months.Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 3:28 am Best businesses films: Have your sayGeorge Clooney's new film, Up In the Air, tackles America's current economic woes. But it's not the first film to look at the world of business and economics. Our reporters picked 12 famous movies about making (and losing) money. Now it's time to have your say.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 3:27 am 4 smart fixes for your 401(k)With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it's safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds with less tenure are solidly back in the black.Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 3:26 am World tourism to rebound from crisis in 2010: UNWTOInternational tourist arrivals should recover strongly in 2010 after the global crisis and the swine flu pandemic produced "one of the most difficult years" for the sector, the UN World...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 3:25 am Asos shoppers go GaGa as sales Christmas soarAsos, the internet fashion website, announced that it had experienced a bumper Christmas period as hordes of fashion-savvy consumers headed to the web for pastel colours, lace and underwear as outerwear inspired by Lady GaGa. Source: Latest Business News from Times Online | 18 Jan 2010 | 3:20 am Somali pirates free tanker after record ransomOne of the largest ships ever seized by pirates is released amid reports that it had fetched the highest-ever ransom in the history of pirate attacksSource: Financial Times - US homepage | 18 Jan 2010 | 3:17 am How big was Apple's biggest quarter?Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 3:15 am Germany's Lanxess brings forward Singapore projectGerman chemicals giant Lanxess said Monday it has brought forward the building of a 575 million US dollar rubber plant in Singapore to meet demand for tyres as car sales in the region soar.Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 3:15 am Global shares mixedAsian stocks kicked off the week with losses Monday as investors reacted to a selloff on Wall Street, but major stocks in Europe managed slight gains.Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 3:14 am Oil prices fall on US economy concernsOil prices have dropped on doubts over the strength of economic recovery in the United States, the world's biggest energy consumer, analysts said. New York's main contract, light sweet...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 3:11 am Sales forecasts for more than 12 months ahead just make you look stupidThe management column Straight talking, common sense from the front line with John Timpson.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 3:08 am Singapore exports jump 26 percent in DecemberSingapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged. Exports excluding oil rose 26.1 percent from a year earlierSource: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 3:05 am Wall Street sell-off hits Asian shares (AFP)
Source: Yahoo! News: Stock Markets News | 18 Jan 2010 | 3:03 am Conan O’Brien Puts His Show on Craigslist4 SALE: BARELY-USED LATE NIGHT TALK SHOW – MAKE ME AN OFFER!!! (Universal Studios)
This is a chance of a lifetime to own your very own late night talk show–guaranteed to last for up to seven months!! Really must see to appreciate. Information for potential buyers: - Measures 100’ x 100’ x 32’ – plenty of room for a futon! MAKE ME YOUR BEST OFFER!!!!! (Also willing to trade for Coldplay tickets.) * Location: Universal Studios
Source: Business Pundit | 18 Jan 2010 | 3:01 am Tackling government debt top priority: IMF chiefTackling soaring government debt is one of the top priorities for global policymakers as a fragile economic recovery takes hold, International Monetary Fund chief Dominique Strauss-Kahn...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 3:00 am Rock resigns as Newcastle sponsorNewcastle United signs a new four-year sponsorship deal with state-backed Northern Rock worth up to £10m.Source: BBC News | Business | World Edition | 18 Jan 2010 | 2:57 am Economic Report: U.K. house sellers boost asking price 0.4% in Jan.British house sellers enter the new year in a confident mood, boosting the average asking price by 0.4% in January and ending a two-month slide.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 2:53 am Investors focus on US earnings reports09:00 GMT. Global markets started the week with traders reflecting on the petulant response to a strong start to the US earnings season. With Wall Street closed for a public holiday on Monday and...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 2:49 am Investors focus on US earnings reportsGlobal Markets Overview: With Wall Street closed on Monday for Martin Luther King day, attention turns to fourth-quarter figures this week from the likes of Goldman, Citi, GE and IBMSource: Financial Times - US homepage | 18 Jan 2010 | 2:49 am Asian markets mixed: Tokyo down, Shanghai upTokyo and Hong Kong-listed stocks are dragged down by last week's sharp fall on Wall Street, while a surge in airlines lifts Shanghai after China Eastern Airlines forecasts a return to profit.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 2:48 am Accel leads $20 mln funding in Russian e-commerceLONDON, Jan 18 (Reuters) - Accel Partners is leading a $20 million round of funding for Russian online shopping club kupiVIP.ru, which the company says is the largest investment to date in a Russian e-commerce...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 2:45 am FACTBOX-Cadbury's top 10 shareholdersLONDON, Jan 18 (Reuters) - Four out of Cadbury's top 10 shareholders are U.S. investors, with New Jersey-based Franklin Mutual Advisers the largest shareholder, with 7.67 percent, according to data provided...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 2:42 am UPDATE 1-Market Chatter -- Corporate finance press digestBANGALORE, Jan 18 (Reuters) - The following corporate finance-related stories were reported by media on Monday:Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 2:40 am UPDATE 1-Market Chatter -- Corporate finance press digestBANGALORE, Jan 18 (Reuters) - The following corporate finance-related stories were reported by media on Monday:Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 2:40 am London Markets: International Power shines as London edges higher-- Deal speculation helped support British shares on Monday, with International Power trading higher amid reports that it could receive a bid from across the Channel.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 2:36 am London stocks up at open (AFP)
Source: Yahoo! News: Stock Markets News | 18 Jan 2010 | 2:35 am Swiss Re in $1.3 bln deal with Berkshire HathawayReinsurance giant Swiss Re agrees a 1.3 billion Swiss Franc ($1.26 billion) deal to sell a block of life insurance business to Warren Buffett’s Berkshire Hathaway, deepening the ties between the two firms.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 2:33 am Asian stocks mixed, Europe higher after US losses (AP)
Source: Yahoo! News: Stock Markets News | 18 Jan 2010 | 2:31 am Asian stocks mixed, Europe higher after US lossesAsian stock markets were mixed Monday as worries about American consumers undermined confidence in the recovery of the world's largest economy. European markets were higher. Most of...Source: RSS feed - channel BNewsBusiness | 18 Jan 2010 | 2:31 am Plan B if Senate stalls on BernankeThe Senate faces some weighty issues when it reconvenes this week. Health care. A jobs bill. The debt ceiling.Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 2:29 am Google probing possible inside help on attack (Reuters)
Source: Yahoo! News: Business | 18 Jan 2010 | 2:24 am Jewelry sales brighten Richemont Christmas periodSwiss luxury goods maker Compagnie Financiere Richemont on Monday reported a 2% rise sales for the quarter that includes Christmas, boosted by sales of jewelry and specialist watches.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 2:19 am Tullow blocks Heritage's $1.5bn sale to Eni$Tullow Oil has made a $1.5 billion counterbid for the Ugandan oil fields Heritage Oil has agreed to sell to Eni, the Italian state oil company.$ Source: Latest Business News from Times Online | 18 Jan 2010 | 2:17 am Profits and losses and banks. Oh my!Better-than-expected results from big names JPMorgan Chase and Intel failed to inspire investors last week. Can this week's crop of marquee name companies recharge the rally's engine?Source: Business and financial news - CNNMoney.com | 18 Jan 2010 | 2:16 am Bid hopes energise LondonLondon equities made progress on Monday, with bid activity helping to lift sentiment. News that France's GDF Suez was in talks with International Power to work together outside their home markets...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 2:10 am House prices rise in 'buoyant start' to 2010House prices jumped by 1.2pc during the first week of January as confident new sellers hiked their asking prices, research showed today.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 2:00 am City's financial sector to grow by 100,000 new jobs within 10 years, predicts hedge fundLondon's role as a financial centre is set to be boosted by the economic growth of emerging market countries, according to a top City hedge fund.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 2:00 am Sterling jumps to 4-month high versus the euroSterling jumped to its highest level in four months against the euro after fresh house price data encouraged traders to buy the currency.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 2:00 am Toyota to double hybrid output in 2011: reportTOKYO (Reuters) - Toyota Motor Corp aims to double its global output of gas-electric hybrid cars to 1 million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported on Monday.Source: Reuters: Business News | 18 Jan 2010 | 1:57 am Europe Markets: Miners, Richemont lead Europe stocks riseEuropean shares advanced on Monday, with gains for commodity sector firms and Richemont helping stocks regain some ground lost last week.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 1:53 am Cadbury shares higher on hopes on raised Kraft bidLONDON (Reuters) - Shares in Cadbury Plc pushed higher on Monday in anticipation of a higher bid from Kraft Foods, which is expected to sweeten its original takeover offer before the January 19 deadline.Source: Reuters: Business News | 18 Jan 2010 | 1:52 am Cadbury shares higher on hopes on raised Kraft bid (Reuters)Reuters - Shares in Cadbury Plc pushed higher on Monday in anticipation of a higher bid from Kraft Foods , which is expected to sweeten its original takeover offer before the January 19 deadline.Source: Yahoo! News: Business | 18 Jan 2010 | 1:52 am Google plans talks with China; no decision to quitGoogle is to hold talks with the Chinese government about its plans to offer unfiltered search results on its Chinese site, after announcing last week it may exit China amid worsening censorship.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 1:48 am IMF head in 'double-dip' warningThe head of the International Monetary Fund warns that the global economy could experience another downturn.Source: BBC News | Business | World Edition | 18 Jan 2010 | 1:38 am Tullow exercises $1.5 billion Uganda field optionThe U.K. oil explorer Tullow Oil exercises an option to buy 50% stakes in two key production blocks in Uganda.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 1:31 am Company collapses set to worsen in 2010The number of British companies in financial distress rose by 6 per cent in the last three months of 2009, to 140,000, raising fears the worst effects of the recession are yet to come. Source: Latest Business News from Times Online | 18 Jan 2010 | 1:23 am Competition for jobs will remain strong in 2010So, the Noughties are over. It's time to look forward to the future with renewed optimism. But just what does the next 10 years have in store for the UK's workforce?Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 1:19 am UK's recession has ended but growth in 2010 will be anaemic, Item Club forecastsThe UK economy has dug itself out of recession and exports will be key to recovery, Ernst & Young's Item Club argues.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 1:09 am Marsh on Monday: German defense giant in the makingSince the end of World War II, building up large-scale defense companies in Germany has always been something of a taboo, writes David Marsh.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 1:05 am Some Dubai World creditors may offload loans: reportDUBAI (Reuters) - Some creditors to Dubai World, which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the conglomerate, the Financial Times reported.Source: Reuters: Business News | 18 Jan 2010 | 1:04 am Advertising spend 'to increase'UK advertising budgets are set to increase this year as the economy recovers, a survey of advertisers suggests.Source: BBC News | Business | World Edition | 18 Jan 2010 | 1:04 am Currencies: Dollar slips vs. most rivals but up against yenThe dollar slips against most rivals but edges higher against the yen, as a brewing political scandal in Tokyo weighs on the Japanese unit in relatively thin trading due to a U.S. holiday.
Source: MarketWatch.com - Top Stories | 18 Jan 2010 | 1:02 am Ford and Mazda say not planning to break up China JVSHANGHAI/HONG KONG (Reuters) - Ford Motor Co and Mazda Motor Corp said on Monday they had no plans to dissolve their car making joint venture in China, which overtook the United States as the world's largest auto market in 2009.Source: Reuters: Business News | 18 Jan 2010 | 1:00 am Ford and Mazda say not planning to break up China JV (Reuters)
Source: Yahoo! News: Business | 18 Jan 2010 | 1:00 am Rave theater chain is no longer a bit playerThe company led by CEO Tom Stephenson is now the nation's fifth-largest chain, after buying theaters controlled by the Redstone family.A decade ago, Tom Stephenson opened a 16-screen theater in Montgomery, Ala., with a brash plan: build a national chain from scratch, one that would siphon business from the major circuits by offering the latest amenities in stadium seating, digital sound, silver-screen-size broadcasts of sporting events and opera.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am Rave theater chain is no longer a bit playerThe company led by CEO Tom Stephenson is now the nation's fifth-largest chain, after buying theaters controlled by the Redstone family. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Flurry of earnings reports may indicate strength of economic recoveryInvestors are hoping results this week from companies such as Starbucks and Kimberly-Clark will indicate that consumers are opening their wallets again.Stock traders got carried away about the recovery.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am After a year of layoffs and factory closures, automakers plan to start hiring againThey anticipate adding almost 5,000 workers this year as they increase production, although that's just a fraction of the roughly 40,000 that carmakers laid off last year. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Playing it cool with a hot commoditySuccessful businesses often attract rivals that can undercut their prices. Rather than get caught in a cycle of hypercompetition, they can survive with smarter and subtler responses, an author says.Unusually for a business book these days, this one has a restrained, unsensational title. But "Beating the Commodity Trap" describes a process that is (or should be) terrifying for its readers: commoditization.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am Google wins praise for its defiance of China over censorshipThe Internet giant has won admiration from politicians, Silicon Valley business leaders and even its sharpest critics for threatening to bail out of the Asian nation.The decision by Google Inc. to stand up to censorship in China is a marked turnaround from just a few years ago, when the Internet giant agreed to gag parts of its search engine to enter the lucrative China market.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am The week ahead at a glanceThe week ahead TODAY Markets closed for Martin Luther King Day.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am Director of EQT Partners found slain in MunichDirk von Poschinger-Camphausen's body was discovered in a delivery van, police say. The 36-year-old joined the firm's Munich office last year after working at Morgan Stanley in Frankfurt, Germany. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am After a year of layoffs and factory closures, automakers plan to start hiring againThey anticipate adding almost 5,000 workers this year as they increase production, although that's just a fraction of the roughly 40,000 that carmakers laid off last year.Even as they finish closing plants from their worst sales year in decades, beleaguered automakers are also starting to hire again -- almost 5,000 workers in the coming year.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am The week ahead at a glanceThe week ahead TODAY Markets closed for Martin Luther King Day.Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Director of EQT Partners found slain in MunichDirk von Poschinger-Camphausen's body was discovered in a delivery van, police say. The 36-year-old joined the firm's Munich office last year after working at Morgan Stanley in Frankfurt, Germany.A director of private equity firm EQT Partners who previously worked for Morgan Stanley was slain and his body discovered in a delivery van in a Munich suburb, a police spokesman said.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am Google wins praise for its defiance of China over censorshipThe Internet giant has won admiration from politicians, Silicon Valley business leaders and even its sharpest critics for threatening to bail out of the Asian nation. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Owner says he may shut Newcomb's Ranch because of road closureThe only restaurant on a 57-mile stretch of Angeles Crest Highway has faced a series of disasters in the last six months, including this week's rainstorms. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Flurry of earnings reports may indicate strength of economic recoveryInvestors are hoping results this week from companies such as Starbucks and Kimberly-Clark will indicate that consumers are opening their wallets again. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Owner says he may shut Newcomb's Ranch because of road closureThe only restaurant on a 57-mile stretch of Angeles Crest Highway has faced a series of disasters in the last six months, including this week's rainstorms.It isn't easy being the only restaurant for a 57-mile stretch of Angeles Crest Highway.
Source: L.A. Times - Business | 18 Jan 2010 | 1:00 am Playing it cool with a hot commoditySuccessful businesses often attract rivals that can undercut their prices. Rather than get caught in a cycle of hypercompetition, they can survive with smarter and subtler responses, an author says. ...Source: RSS feed - channel BNPaperBusiness | 18 Jan 2010 | 1:00 am Taylor Wimpey new home orders swell by 28%Taylor Wimpey, the UK’s biggest housebuilder, today revealed it has entered the new year with a 28 per cent rise in orders for new homes as improved conditions and rising prices had enabled the group to reduce its debt. Source: Latest Business News from Times Online | 18 Jan 2010 | 12:58 am Earnings growth takes center stage (Reuters)
Source: Yahoo! News: Business | 18 Jan 2010 | 12:43 am Earnings growth takes center stageNEW YORK (Reuters) - Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc this week could help stocks gain as long as investors see room for more profit growth.Source: Reuters: Business News | 18 Jan 2010 | 12:43 am Earnings growth takes center stage (Reuters)
Source: Yahoo! News: Stock Markets News | 18 Jan 2010 | 12:43 am Michael O'Higgins: Treasury watchdog kept busy by financial crisisThe first time Michael O'Higgins chaired a meeting of the audit committee appointed to monitor the Treasury's handling of the nation's finances, the items on the agenda hardly smacked of heady material linked to the commanding heights of the economy.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 12:38 am Job hunting: how to get your CV into shape for the new yearReadying your CV, your most important marketing tool, will put you ahead of the competition in 2010Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 12:27 am IMF chief: Double-dips a threat if exits come too soonTOKYO (Reuters) - Developed countries may slip back into recession if they exit strategies taken to battle the global financial crisis too early, the head of the International Monetary Fund warned on Monday.Source: Reuters: Business News | 18 Jan 2010 | 12:19 am IMF chief: Double-dips a threat if exits come too soon (Reuters)Reuters - Developed countries may slip back into recession if they exit strategies taken to battle the global financial crisis too early, the head of the International Monetary Fund warned on Monday.Source: Yahoo! News: Business | 18 Jan 2010 | 12:19 am Yahoo!'s 'reckless' stance over Google angers Chinese partnerYahoo! has come under fire from its Chinese partner for 'reckless' support of Google's decision to consider leaving the country over cyber-attacks.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 18 Jan 2010 | 12:06 am Japan Airlines shares hit new lowShares in the troubled carrier Japan Airlines plunge to a record low of 5 yen ahead of an expected bankruptcy filing.Source: BBC News | Business | World Edition | 18 Jan 2010 | 12:01 am Suicide gunmen attack central KabulGunmen attack locations in the Afghan capital, including a store and government ministries, in a co-ordinated commando-style assaultSource: Financial Times - US homepage | 17 Jan 2010 | 11:53 pm NZ market starts week in negative territoryThe New Zealand sharemarket's new year rally took another knock today following on from a weak United States market performance on Friday and ahead of some key economic data in New Zealand this week.The benchmark NZSX-50 index...Source: nzherald.co.nz - Business | 17 Jan 2010 | 11:16 pm NZ dollar climbs against weak euroThe New Zealand dollar traded in a relatively narrow range on Monday ahead of the December quarter Consumer Price Index report on Wednesday and retail sales data on Thursday."This week is a heavy duty one New Zealand data wise,"...Source: nzherald.co.nz - Business | 17 Jan 2010 | 10:34 pm 10 Things Financial Aid Offices Won't Say (10 Things)Early decision applications and fancy cars can result in less aid.
Source: SmartMoney.com | 17 Jan 2010 | 10:00 pm Recovery Hits a Snag but Remains on Course (Pundit Watch)Market watchers see bumps, but show little overall concern.
Source: SmartMoney.com | 17 Jan 2010 | 10:00 pm Consider an Energy-Efficient MortgageThese little-known and underutilized products may be getting an upgrade.
Source: SmartMoney.com | 17 Jan 2010 | 10:00 pm Seventy-five jobs axed in childcare service closureMore than 75 people have lost their jobs after liquidators closed part of a home-based childcare service.The South Island operations of Easy Mind have been shut down, because liquidators could not secure the short-term cash required...Source: nzherald.co.nz - Business | 17 Jan 2010 | 9:22 pm 'Top 10' doorstep crime suspectsThe faces of nine men and a woman dubbed the country's "most wanted" doorstep criminals are released by police.Source: BBC News | Business | World Edition | 17 Jan 2010 | 9:22 pm House prices up, but sales slowHouse prices rose a modest 1.4 per cent in December, but ended the year nearly 10 per cent up from the year before.Sales figures released this morning by the Real Estate Institute of New Zealand (REINZ) show the median residential...Source: nzherald.co.nz - Business | 17 Jan 2010 | 9:00 pm Dollar Outlook: Kiwi likely to tread water until CPI data, risk aversion risesThe New Zealand dollar will likely trade within its recent ranges as investors wait for local consumer price index data on Wednesday to give indications on when the central bank will move in hiking interest rates.Four of seven...Source: nzherald.co.nz - Business | 17 Jan 2010 | 8:45 pm Mackenzie factory farm submissions closeFinal submissions have been received for the controversial "factory farming" plan in the Mackenzie Basin.Environment Canterbury (ECAN) has received 1855 submissions for Williamson Holdings, 1714 for Five Rivers Ltd and 1696 for...Source: nzherald.co.nz - Business | 17 Jan 2010 | 8:30 pm Cost of 2007 floods put at £3.2bnFlooding in England in the summer of 2007 cost the economy £3.2bn, a report by the Environment Agency says.Source: BBC News | Business | World Edition | 17 Jan 2010 | 7:55 pm Citi hires former Morgan Stanley Asia CEOHONG KONG (Reuters) - Citigroup said on Monday it appointed Alasdair Morrison as an Asia senior adviser, a new role for the bank meant to support its expansion across the region.Source: Reuters: Business News | 17 Jan 2010 | 7:53 pm Wyclef Jean blasts 'baseless attacks' on Yele HaitiCelebrity musician Wyclef Jean denounced charges that he misappropriated funds from his charity, Yele Haiti, and defended the foundation and his commitment to Haiti relief efforts.Source: Business and financial news - CNNMoney.com | 17 Jan 2010 | 7:12 pm Citic Securities fund unit punished over ownershipSHANGHAI (Reuters) - Citic Securities Co , China's biggest listed brokerage, said its wholly-owned fund unit China Asset Management Co (ChinaAMC) had been punished by regulators for failing to comply with stake ownership rules.Source: Reuters: Business News | 17 Jan 2010 | 6:37 pm OCR tipped to rise by JuneNew Zealand inflation was probably unchanged in the fourth quarter, reflecting a drop in food prices, which may help convince the Reserve Bank to hold off on raising interest rates until April.The Consumer Price Index held steady...Source: nzherald.co.nz - Business | 17 Jan 2010 | 6:30 pm Economy faces 'painful' refocusA study warns the UK faces a decade of "painful readjustment" as it moves away from debt-led consumer spending.Source: BBC News | Business | World Edition | 17 Jan 2010 | 5:52 pm Blinkbox Entertainment capitalises on video-on-demandMichael Comish says that he has been waiting a whole decade for 2010. “This year is the tipping point,” he insists. By the end of the year, millions of people should be able to receive video-on-demand (VOD) on their television sets. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Business big shot: Dermot GleesonDermot Gleeson must be hoping that his role as non-executive chairman of Travelport, the airline and hotel reservations group, which is planning a £1.8 billion London stock market listing, proves less contentious than his previous corporate berth. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Angry brokers plan protest on bonus taxThe Government faces a new offensive against its bonus tax after several frustrated figures at leading brokerages said that they were still unclear whether they would be hit, more than a month after the Chancellor unveiled the tax. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Britain's recession map highlights unequal painBritain’s towns and cities have experienced widely divergent effects from the recession, with Hull leading the list of those hit hardest and Cambridge among those most cushioned from the economic chill, a new study shows. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Taxman should give stars a sporting chanceMost self-employed people hate January with the passion normally reserved for a professional rival who gets a gig for which we would clearly have been the better choice. First, the weather makes it difficult to get to work, and that hurts more when you don’t get paid if you don’t turn up. This is why I once walked four miles through a foot of snow to see the film He’s Just Not That Into You. Although I do appreciate, obviously, that being paid to watch a ropey rom-com is still a great deal easier than going down a mine, even if I did lose a mitten on the way home. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Abuse of pre-pack deals ‘could turn Britain into an insolvency brothel’Britain is in danger of becoming the “bankruptcy brothel of the world”, it was claimed yesterday, as furious creditors prepared a landmark legal challenge over the country’s largest pre-pack administration. Source: Latest Business News from Times Online | 17 Jan 2010 | 5:01 pm Spotless dual-lists shares in NZShares in Australia-based Spotless Group can now be traded in this country after a dual-listing on the New Zealand stock exchange.The listing by the laundry, hospitality and cleaning contractor follows its purchase of the 34 per...Source: nzherald.co.nz - Business | 17 Jan 2010 | 4:44 pm Piñera wins presidency as Chile returns to the rightBillionaire businessman defeats ruling leftist coalition for the first time since the end of a military dictatorshipSource: Financial Times - US homepage | 17 Jan 2010 | 4:26 pm Early fall for NZ sharesThe New Zealand sharemarket fell when it started trading for the week, after stocks slid in the United States on Friday following a report from bank JPMorgan Chase of deep fourth-quarter loan losses.Prominent among companies losing...Source: nzherald.co.nz - Business | 17 Jan 2010 | 4:04 pm Strong support for big rise in minimum wageSixty-one per cent of people want the minimum wage lifted to $15 an hour, a Herald Summer Survey has found, weeks before the Government is to set the wage for this year.The minimum wage is now $12.50 an hour, and the Cabinet is...Source: nzherald.co.nz - Business | 17 Jan 2010 | 4:00 pm Marshall Wace plans listed ETF to track fund strategyMarshall Wace, one of Europe’s largest hedge funds, will unveil plans to launch a publicly listed exchange-traded fund to track its flagship Tops fund strategy in an effort to rebuild assets after huge redemptions in 2009Source: Financial Times - US homepage | 17 Jan 2010 | 3:31 pm Outlook better for some regional banks (Reuters)Reuters - Some banking analysts are bullish on U.S. regional banks as they expect fourth-quarter results to bring improved earnings per share and capital-ratio visibility, Barron's reported on Sunday.Source: Yahoo! News: Stock Markets News | 17 Jan 2010 | 3:10 pm Outlook better for some regional banksNEW YORK (Reuters) - Some banking analysts are bullish on U.S. regional banks as they expect fourth-quarter results to bring improved earnings per share and capital-ratio visibility, Barron's reported on Sunday.Source: Reuters: Business News | 17 Jan 2010 | 3:10 pm Creditors put Dubai World debt up for saleBank creditors to Dubai World that are owed billions of dollars are trying to reduce their exposure to the debt-laden conglomerate by offering their loans for sale ahead of an expected restructuring of the company’s $22bn of debtSource: Financial Times - US homepage | 17 Jan 2010 | 3:01 pm Profits up, stocks down: Market madness next week? (AP)AP - Stocks got carried away about the recovery.Source: Yahoo! News: Stock Markets News | 17 Jan 2010 | 2:15 pm Kraft to sweeten value of Cadbury bidKraft is planning to raise the value of its £10.5bn hostile bid for Cacbury as early as Monday to more than 800p a share by adding more cash after investors rejected its initial offer.Source: Financial Times - US homepage | 17 Jan 2010 | 12:05 pm 7 major tax changesThe president and Congress are batting around ideas with budgets and voters in mind. Here's what you need to know.Source: Business and financial news - CNNMoney.com | 17 Jan 2010 | 12:01 pm Yahoo ‘reckless’ for backing GoogleYahoo’s Chinese partner issued a scathing criticism of the US technology company, calling it ‘reckless’ for publicly supporting Google’s threat to quit the country in protest over a wave of Chinese cyberattacksSource: Financial Times - US homepage | 17 Jan 2010 | 11:58 am Obama enters fight for Kennedy seatPresident Barack Obama put his political prowess on the line, hitting the campaign trail in Massachusetts amid fears the Democratic candidate there was at risk of losing the liberal strongholdSource: Financial Times - US homepage | 17 Jan 2010 | 11:26 am Clash over Haiti aid flightsFrench minister makes protest to Washington about military’s management of airport after medical aid flight turned away and people complain US giving priority to own citizensSource: Financial Times - US homepage | 17 Jan 2010 | 10:37 am Google Knuckles Under In China“Hello, I must be going. I cannot stay, I came to say I must be going. I’m glad I came but just the same I must be going.”–”Hello, I Must Be Going” lyrics by Groucho Marx. Google (NASDAQ:GOOG), just days after its threat to leave China, now says it will not be out of the world’s largest internet market. At least [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 17 Jan 2010 | 5:43 am Plugging into electric wheels in DetroitSource: Business and financial news - CNNMoney.com | 17 Jan 2010 | 5:35 am
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