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Toyota head to brief on recalls in Tokyo on Feb 17TOKYO (Reuters) - The president of Toyota Motor Corp will hold a briefing on Wednesday in Tokyo to update on the progress of a massive global recall that has tarnished the reputation of the world's largest car maker.
Source: Reuters: Business News | 15 Feb 2010 | 3:32 am Toyota head to brief on recalls in Tokyo on Feb 17 (Reuters)Reuters - The president of Toyota Motor Corp (7203.T) will hold a briefing on Wednesday in Tokyo to update on the progress of a massive global recall that has tarnished the reputation of the world's largest car maker.Source: Yahoo! News: Business News | 15 Feb 2010 | 3:32 am Clinton says Iran becoming dictatorshipHillary Clinton, US secretary of state, has said that Iran is becoming a military dictatorship as Washington keeps up the pressure on the Islamic republic over its nuclear programmeSource: Financial Times - US homepage | 15 Feb 2010 | 3:27 am Millionaires fund Detroit mass transitCan Motor City combat its economic ills by becoming Rail City?Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 3:26 am Greece feels debt heat before EU rescue meetingPressure mounted on Greece to take even tougher action to contain its debt crisis ahead of a meeting of EU finance ministers Monday to decide how to help the stricken nation. European...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 3:23 am Greece feels debt heat before EU rescue meeting (AFP)
Source: Yahoo! News: Business News | 15 Feb 2010 | 3:22 am Terra accepts $4.1 billion bid from Norway's YaraTerra Industries, the nitrogen-products maker that has long resisted a takeover bid from CF Industries, on Monday reached a $4.1 billion deal to be bought by Norway’s Yara International.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 3:22 am Norway's Yara to buy Terra Industries for $4.1BNorwegian fertilizer company Yara International ASA said Monday it has agreed to acquire U.S. competitor Terra Industries Inc. for $4.1 billion. Yara said it would pay $41.10 per share...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 3:20 am Sarkozy to discuss pension reformFrench President Nicolas Sarkozy will meet key unions later to discuss controversial plans to reform the pensions system.Source: BBC News | Business | World Edition | 15 Feb 2010 | 3:16 am China investment to help coax North Korea to talksChina is arranging $10 billion in foreign investment to North Korea as part of efforts to help reinvigorate its economy and encourage the reclusive state to return to nuclear disarmament talks, according to a published report Monday.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 3:14 am Testing timesCredit is hard to come by for small US businessesSource: BBC News | Business | World Edition | 15 Feb 2010 | 3:11 am Japan economic growth speeds upJapan's economy grew by more than expected late last year, figures show, despite contracting over the whole of 2009.Source: BBC News | Business | World Edition | 15 Feb 2010 | 3:10 am Steel magnate is Russia's new richest man: report (AFP)
Source: Yahoo! News: Business News | 15 Feb 2010 | 3:04 am Forget the Fed. Watch China insteadThe central bank of greatest concern to investors and U.S. businesses right now isn't the Federal Reserve. It's the People's Bank of China.Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 3:01 am LICI Recognizes Pioneers in Community and Economic DevelopmentSource: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 3:00 am Hewitt on EuropeDeficits threaten cherished European way of lifeSource: BBC News | Business | World Edition | 15 Feb 2010 | 2:59 am Mobile firm Bharti in African bidIndian mobile phone company Bharti Airtel offers to buy Kuwaiti firm Zain's African assets for $10.7bn (£6.8bn).Source: BBC News | Business | World Edition | 15 Feb 2010 | 2:56 am Shoulda, coulda - now gotta - curb debtIn the past five years, the administrations of both parties have tried to reform three big-ticket items: the tax code, health care and Social Security.Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 2:54 am Asia stocks drop, with many markets closed for holAsian shares decline Monday, with earnings disappointments weighing down some Australian stocks, while India's Bharti Airtel fall on news it was in talks to buy most African assets of Kuwait's Mobile Telecommunications.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 2:54 am London Markets: British Airways shares aloft in U.K. FTSE 100British Airways shares climb in the top British share index on Monday, as the airline’s trans-Atlantic partnership took a step forward over the weekend.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 2:50 am Wall Street: Down, but not outWall Street broke a four-week losing streak last week, but investors are still worried about China, Greece and the impact of a global recovery that could be far more sluggish than had been thought.Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 2:45 am Mobile firms unite to offer appsTwenty four of the largest phone operators join together to make it easier to sell and distribute mobile phone apps.Source: BBC News | Business | World Edition | 15 Feb 2010 | 2:44 am Japan GDP jumps as stimulus masks deflation crisisTOKYO (Reuters) - Japan's economy grew faster than expected in the fourth quarter with a stimulus-fueled rebound in domestic demand and a corporate investment revival masking rising deflationary pressure and the risk of a slowdown in 2010.
Source: Reuters: Business News | 15 Feb 2010 | 2:43 am World markets mixed amid debt jittersGlobal markets were mixed Monday, as worries about Greece's debt problems and China's tightening bank policy lingered.Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 2:41 am Japan, Aussie markets drop after China tightens (AP)
Source: Yahoo! News: Business News | 15 Feb 2010 | 2:39 am Japan, Aussie markets drop after China tightens (AP)
Source: Yahoo! News: Stock Markets News | 15 Feb 2010 | 2:39 am Japan, Aussie markets drop after China tightensJapanese and Australian markets fell Monday in thin regional trading as investors reacted to China's move late Friday to curtail bank lending to cool off strong growth there. Many Asian...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 2:36 am UK jobs market 'still on ropes'The UK economy is facing more redundancies, with substantial cuts expected in the public sector, a report says.Source: BBC News | Business | World Edition | 15 Feb 2010 | 2:36 am Money ballFootball's winners and losers in the downturnSource: BBC News | Business | World Edition | 15 Feb 2010 | 2:35 am Europe Markets: British Airways, Renault rise in higher EuropeEuropean shares climb on Monday, up for the fifth time in six sessions, with British Airways, Iberia and Renault gaining ground.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 2:32 am UPDATE 3-Sumitomo to launch $1.4 bln offer for J:Com stake* KDDI also planning to take J:Com stake (Adds pricing details, company comments)Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 2:15 am UK jobless rate would be 15pc if Britain had joined euro, says CEBRBritain's unemployment rate would be twice as high as it is now if Tony Blair had taken Britain into the euro when he was prime minister, the Centre for Economic and Business Research said on Monday.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Feb 2010 | 2:14 am Economic Report: Japan recovery continues, but deflation remainsJapan's gross domestic product grows 1.1% in real terms in the October-December quarter, beating some economists’ forecasts, but the data also show more troubling signs of deflation.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 2:14 am UPDATE 1-Ericsson CEO mum on 2010, sees long-term growthSTOCKHOLM, Feb 15 (Reuters) - Ericsson , the world's biggest mobile networks maker, would not give a forecast for 2010 on Monday but said growth in the longer term would be robust as data traffic surged...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 2:05 am Nurseries struggle with lagging economyThese days, David Niklas' flowers and vegetable seedlings have fewer places to go, as the housing bubble burst and the state and national economies flatlined. Just three years after...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 2:01 am Japan stamps out optimism despite GDP riseJapan’s economy grew faster-than-expected in the fourth quarter with a stimulus-fuelled rebound in domestic demand and corporate investment. Source: Latest Business News from Times Online | 15 Feb 2010 | 1:58 am Japan still No. 2 economy - for nowThe Japanese economy grew 1.1% in the final quarter of 2009 when compared with the third quarter, barely holding off China to remain the second-largest economy in the world, Japan's Cabinet Office reported Monday.Source: Business and financial news - CNNMoney.com | 15 Feb 2010 | 1:56 am British Airways shares bounce on American Airlines tie-up approvalBritish Airways shares rose 4pc on Monday as the market reacted to provisional approval by US regulators for a proposed tie-up with American Airlines that is potentially worth "hundreds of millions of pounds" to the UK flag-carrier.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Feb 2010 | 1:43 am UPDATE 1-Plant Health Care profitable in H2; cautious on sales* Cautious on sales as clients buy products closer to useSource: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 1:41 am London stocks climb at open (AFP)
Source: Yahoo! News: Stock Markets News | 15 Feb 2010 | 1:40 am Traders focus on Europe's fiscal problems08:00 GMT. Holidays in Asia and the US served to sharpen the focus on Europe's fiscal problems on Monday, keeping the single currency under pressure. News of accelerating economic growth in Japan...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:39 am SuperGroup to raise £125m in London floatSuperGroup, the fast-growing youth fashion retailer, plans to raise £125m in a stock market flotation in London.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Feb 2010 | 1:38 am Marsh on Monday: Europe's leaders behind closed doorsThe conversation about Europe’s economic future among leaders of the European Union in an elegant 19th century library in Brussels last Thursday had a major impact on markets worldwide. Here's what could have happened, writes David Marsh.
Source: MarketWatch.com - Top Stories | 15 Feb 2010 | 1:36 am Bharti confirms $10.7 billion bid for Zain Africa assetsNEW DELHI (Reuters) - Bharti Airtel began exclusive $10.7 billion talks to buy most of Kuwaiti telecom Zain's African cellular assets, the Indian firm's third try to gain a foothold in a...Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 1:33 am Bharti confirms $10.7 billion bid for Zain Africa assetsNEW DELHI (Reuters) - Bharti Airtel began exclusive $10.7 billion talks to buy most of Kuwaiti telecom Zain's African cellular assets, the Indian firm's third try to gain a foothold in a continent that offers the last opportunity for major subscriber growth.
Source: Reuters: Business News | 15 Feb 2010 | 1:33 am UPDATE 3-Bharti confirms $10.7 bln bid for Zain Africa assets* UBS advising Zain, StanChart advising Bharti - sources (Adds deal valuations, bankers, Zain chairman)Source: RSS feed - channel BNewsBusiness | 15 Feb 2010 | 1:31 am BA helps FTSE 100 gain altitudeLondon equities continued to rise on Monday, with British Airways leading the way after its long-planned alliance with American Airlines moved closer to take-off. The companies moved an important...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:28 am Trading places: Toyota, not Detroit, worries dealersORLANDO, Florida (Reuters) - When U.S. auto dealers gathered in New Orleans a year ago, they wondered whether General Motors Co and Chrysler would survive.
Source: Reuters: Business News | 15 Feb 2010 | 1:23 am Govt examines bonds for green energy industry: report (AFP)
Source: Yahoo! News: Business News | 15 Feb 2010 | 1:21 am Ex-Cazenove partner faces insider dealing chargesThe Financial Services Authority's (FSA) third and most ambitious insider dealing prosecution to date is due to open this morning when a former partner at Cazenove, the Queen's stockbroker, enters the dock at Southwark Crown Court. Source: Latest Business News from Times Online | 15 Feb 2010 | 1:15 am Toyota studies electronics again, trip undecided (AP)
Source: Yahoo! News: Business News | 15 Feb 2010 | 1:02 am Euro falls on weak Greece austerity planThe euro fell to almost nine-month lows against the dollar today as investors speculated that a meeting between eurozone finance ministers tonight would fail to result in a plan to bail out debt-laden Greece. Source: Latest Business News from Times Online | 15 Feb 2010 | 1:00 am Managing five age groups in one workplaceWith 'What's Next, Gen X?: Keeping Up, Moving Ahead and Getting the Career You Want,' Tamara Erickson helps prepare a rising cohort to handle generational tension. ...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Giant toy fair gives retailers an early peek into Santa's workshopAt the American International Toy Fair in New York, optimistic buyers say they're ordering more inventory, though many still want items designed to be affordable. ...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Battle heats up over auto insurer's initiative on California's June ballotThe Mercury-sponsored Proposition 17 would rewrite state law to allow insurers to lure new customers with discounts, as long as drivers have been insured for most of the previous five years.For more than two decades, Mercury General Corp. Chairman George Joseph has been sparring with consumer advocate Harvey Rosenfield over California's landmark automobile insurance law, Proposition 103.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Rising health insurance costs hit small employers tooNelson Davis runs a video production company in Hollywood with six employees. He used to pay all of his workers' health insurance premiums.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Giant toy fair gives retailers an early peek into Santa's workshopAt the American International Toy Fair in New York, optimistic buyers say they're ordering more inventory, though many still want items designed to be affordable.Heads up, parents: In the coming months, your kids could be begging you for a moonwalking Mickey Mouse, a UFO that hovers above your hand or a video-camera-equipped Barbie.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Rising health insurance costs hit small employers tooNelson Davis runs a video production company in Hollywood with six employees. He used to pay all of his workers' health insurance premiums.Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Sewing shop owner gets tailor-made solutions to problemsJeanie Joe, owner of Sew Joe Stitch Lounge in South Pasadena, wants to increase sales and hire her first full-time employee. ...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Business specificsMakeover SEW JOE STITCH LOUNGE Business: Sew Joe Stitch Lounge is a South Pasadena shop that offers studio time and sewing classes as well as fabrics, notions and Brother sewing machines.Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am What to do when a customer seeks a fraudulent refundDear Karen: A buyer kept merchandise but then requested that her credit card company cancel the transaction and reimburse her. What can I do?Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Managing five age groups in one workplaceWith 'What's Next, Gen X?: Keeping Up, Moving Ahead and Getting the Career You Want,' Tamara Erickson helps prepare a rising cohort to handle generational tension.Generational disparity is a seductive idea, inspiring myriad studies and books in the last 30 years.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Battle heats up over auto insurer's initiative on California's June ballotThe Mercury-sponsored Proposition 17 would rewrite state law to allow insurers to lure new customers with discounts, as long as drivers have been insured for most of the previous five years. ...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Business specificsMakeover SEW JOE STITCH LOUNGE Business: Sew Joe Stitch Lounge is a South Pasadena shop that offers studio time and sewing classes as well as fabrics, notions and Brother sewing machines.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am What to do when a customer seeks a fraudulent refundDear Karen: A buyer kept merchandise but then requested that her credit card company cancel the transaction and reimburse her. What can I do?
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Sewing shop owner gets tailor-made solutions to problemsJeanie Joe, owner of Sew Joe Stitch Lounge in South Pasadena, wants to increase sales and hire her first full-time employee.Jeanie Joe is scrambling to keep her South Pasadena sewing shop humming while juggling on-site sewing classes and designing the eclectic handbags she sells in the sunny store.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Economic reports could soothe investors -- or worry them moreJanuary housing starts, import prices, U.S. consumer inflation and inflation at the wholesale level are among the reports coming out this week. Global news has also been a big driver of U.S. stocks. ...Source: RSS feed - channel BNPaperBusiness | 15 Feb 2010 | 1:00 am Economic reports could soothe investors -- or worry them moreJanuary housing starts, import prices, U.S. consumer inflation and inflation at the wholesale level are among the reports coming out this week. Global news has also been a big driver of U.S. stocks.A spate of economic information coming out this week could help stabilize volatile stock markets -- or send prices plunging again.
Source: L.A. Times - Business | 15 Feb 2010 | 1:00 am Russian resource tycoons recoup ground on rich listMOSCOW (Reuters) - Local resource oligarchs have clawed back some ground lost to financiers on Russia's rich list over the year, a respected national magazine said on Monday, also predicting a flurry of Russian public share offerings.
Source: Reuters: Business News | 15 Feb 2010 | 12:58 am Independent talks with Lebedev go onThe company behind the Independent newspaper has extended talks with the Russian billionaire Alexander Lebedev.Source: BBC News | Business | World Edition | 15 Feb 2010 | 12:53 am Operators unite to challenge Apple's app storeBARCELONA (Reuters) - Twenty-four telecom operators have formed an alliance to build an open platform that will deliver applications to all mobile phone users in an effort to compete with Apple's successful apps store.
Source: Reuters: Business News | 15 Feb 2010 | 12:26 am Euro hovers around nine-month lows on Greek debt fearsThe euro huddled near 9-month lows against the dollar on Monday and share markets fell as investors feared coming meetings of eurozone policymakers would yield nothing quick or concrete on Greece.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Feb 2010 | 12:01 am Bharti, Zain in talks on $10.7 billion Africa dealPurchase will will allow Indian telecom giant Bharti Airtel to expand operations in Africa.
Source: MarketWatch.com - Top Stories | 14 Feb 2010 | 11:59 pm Peter Brimelow: Adens cautious on current correctionsThe Costa Rica-based Aden Forecast says the current market corrections are OK, but only up to a point.
Source: MarketWatch.com - Top Stories | 14 Feb 2010 | 11:55 pm Currencies: Dollar gains in holiday-thinned Asian tradingThe dollar continues to gain against its European counterpart in holiday-thinned Asian trading Monday, as investors awaited the details of the European Union’s plan to aid Greece.
Source: MarketWatch.com - Top Stories | 14 Feb 2010 | 11:54 pm House prices rise 3.2pc as sellers stay awayThe latest monthly jump was the biggest increase since April 2007.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 11:52 pm Thin trading in Asian stock marketsJapanese and Australian markets fell on Monday in thin regional trading as investors reacted to China's move late Friday to curtail bank lending to cool off strong growth there.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 11:45 pm Japan retains title as world's second biggest economyJapan retained its title as the world's number two economy in 2009, ahead of China, extending a recovery from a brutal recession with a robust fourth-quarter performance, data showed Monday.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 11:40 pm Boiler scheme benefits thousandsSome 44% of the money set aside for the boiler scrappage scheme has been claimed so far, the government says.Source: BBC News | Business | World Edition | 14 Feb 2010 | 11:33 pm Freightways leads NZ market downThe New Zealand sharemarket ended a fairly quiet Monday session lower, reflecting weak markets offshore and disappointment in the earnings season so far.The benchmark NZX-50 index closed down 20.94 points, or 0.68 per cent, at...Source: nzherald.co.nz - Business | 14 Feb 2010 | 11:30 pm The smile might yet be wiped from borrowers' facesSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 11:18 pm London's Regent Street could be sold to foreign investors to fund developmentRegent Street, one of the most famous locations in London, could fall into foreign ownership under plans being drawn up by The Crown Estate, the Queen's property company.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 10:47 pm Conservatives call for inquiry into Lord Adonis' handling of East Coast rail franchiseConservative Party calls for an inquiry into Lord Adonis' handling of the crisis on the East Coast rail franchise that prompted the Transport Secretary to seize control of the London to Scotland services.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Feb 2010 | 10:46 pm NZ dollar largely unchangedThe New Zealand dollar traded in a fairly narrow range today as investors digested developments in global financial stories and continued to be generally more cautious about risk.Traders were again wary of risk after China's decision...Source: nzherald.co.nz - Business | 14 Feb 2010 | 10:30 pm Weather halts Alaska search for avalanche victim (AP)
Source: Yahoo! News: Business News | 14 Feb 2010 | 10:23 pm A rate hike for the few until it's you (AP)
Source: Yahoo! News: Business News | 14 Feb 2010 | 10:00 pm 10 Things Your Car Dealer Won't Tell You (10 Things)Shady financing, overpriced inventory and shaky customer service are some.
Source: SmartMoney.com | 14 Feb 2010 | 10:00 pm Despite European Snag, Recovery Still On (Pundit Watch)Pundits see signs of genuine regrouping and real progress.
Source: SmartMoney.com | 14 Feb 2010 | 10:00 pm The 2010 Real Estate OlympicsSome Vancouver homeowners cash in. What is the best lodging option?
Source: SmartMoney.com | 14 Feb 2010 | 10:00 pm Bridgecorp staff told to lie to investors, court toldA former staff member of failed finance company Bridgecorp has told the court she and her colleagues were told to lie to angry investors who had not been paid.Katie Greengrass told the Auckland District Court that it was clear...Source: nzherald.co.nz - Business | 14 Feb 2010 | 9:00 pm Chinese tycoon Huang Guangyu charged with insider tradingHuang Guangyu, the former chairman of China’s largest electronics conglomerate, once the country’s wealthiest man and the epitome of the rages-to-riches tales that are becoming folklore in this booming economy, has been charged with insider trading. Source: Latest Business News from Times Online | 14 Feb 2010 | 8:57 pm Mitsubishi Heavy may build U.S. wind turbine plantTOKYO (Reuters) - Mitsubishi Heavy Industries Ltd said on Monday it is considering building a wind turbine plant in the United States, and will a make final decision after seeing how demand recovers.
Source: Reuters: Business News | 14 Feb 2010 | 8:20 pm Japan GDP grows faster than expectedJapan’s economy expands at the fastest pace in two quarters as an export recovery spurs capital spending, but analysts say growth will slow on cuts in public works spending and as consumption tapers offSource: Financial Times - US homepage | 14 Feb 2010 | 8:18 pm Biofuel 'miracle crop' jatropha failing to deliverA "miracle" plant, once thought to be as the answer to producing renewable biofuels on a vast scale, is driving thousands of farmers in the developing world into food poverty, a damning report concludes today.Five years ago jatropha...Source: nzherald.co.nz - Business | 14 Feb 2010 | 8:00 pm Dollar Outlook: Kiwi likely to hold above US68c on Europe debt fearsThe kiwi dollar will likely hold above 68 US cents this week as sovereign debt problems continue to plague some European nations and weigh on investors' appetite for risky, or higher-yielding, assets.Five of seven economists and...Source: nzherald.co.nz - Business | 14 Feb 2010 | 7:30 pm Japan 4Q GDP grows at 4.6 percent annual pace (AP)AP - Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.Source: Yahoo! News: Business News | 14 Feb 2010 | 6:53 pm Eurogroup to push for Greek reforms, not prepare bailoutBrussels (Reuters) - Euro zone finance ministers will pile up pressure on Greece on Monday to fully implement planned budget deficit cuts so that the euro area would never have to deliver on its last week's pledge of support for Athens.
Source: Reuters: Business News | 14 Feb 2010 | 6:07 pm Service sector keeps expanding in JanNew Zealand's service sector expanded for a third month, albeit at a milder pace, adding to signs the economy's recovery from recession will be gradual.The BNZ-Business New ZealandSource: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm The ripping yarn of a cloth maker’s rescueWhat do Bob Hope’s flannels, Winston Churchill’s chalkstripe suits, Sherlock Holmes’s cape and the Duke of Windsor’s snazzy checks have in common? The answer is they were all made from cloth woven by Fox Bros and their pictures adorn the noticeboard in the company’s storeroom. Source: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm RBS calls for lending target to be loweredBritain’s biggest bailed-out bank believes that business lending commitments that it failed to meet last year should be lowered for 2010. RBS had indicated originally that it would commit itself to similar targets for 2010, but it now believes that the targets were agreed in haste and there is faltering business demand for credit. Source: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm Business big shot: Eric Nicoli of Nick StewartAs contributions to cultural richness and history go, it is, perhaps, less aesthetic than a work of fine art or the birth of a musical genre, but no matter. The Hob Nob is a national treasure and it was Eric Nicoli’s baby. So was the Lion Bar, for that matter, and Yorkie, the chocolate bar. Source: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm Regulator clears BA deal with American AirlinesBritish Airways has come a step closer to its long-held ambition of merging with American Airlines after US regulators this weekend gave the green light to an alliance on the eve of crucial talks over a full liberalisation of the transatlantic market in air travel. Source: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm It was the playground for the rich and famousA grandfather is standing at the American Bar in the Hôtel du Paris, Monte Carlo, telling Bernard Lambert, chief executive of Monte-Carlo SBM, owner of Monaco’s grandest casinos and hotels, why Monte Carlo is not what it used to be. Source: Latest Business News from Times Online | 14 Feb 2010 | 5:01 pm Nato missiles kill Afghan civiliansTwo rockets fired by Nato forces battling Taliban fighters strayed and killed 12 civilians, underscoring the risk that an offensive designed to bolster support for Afghanistan’s western-backed government could instead fuel public angerSource: Financial Times - US homepage | 14 Feb 2010 | 5:00 pm Freightways profits fall 14pc - gradual recovery tippedFreightways, the owner of courier brands including New Zealand Couriers, Post Haste and SUB60, has posted a 14 per cent decline in first-half earnings and said it expects a gradual pick-up as the domestic economy improves.Net...Source: nzherald.co.nz - Business | 14 Feb 2010 | 4:30 pm Fletcher result expected at lower endFletcher Building is being picked to announce a half-year result at the lower end of expectations this week.Rob Mercer of Forsyth Barr is forecasting $133 million net after-tax profit, 22 per cent down on the comparative period.Operating...Source: nzherald.co.nz - Business | 14 Feb 2010 | 4:00 pm Goldman Sachs economist sees China revaluing yuanNEW YORK (Reuters) - China could be about to allow its currency to strengthen by as much as 5 percent to slow down the country's fast-growing economy, Goldman Sachs' chief economist was quoted as saying on Sunday.
Source: Reuters: Business News | 14 Feb 2010 | 3:49 pm NZ sharemarket falls, following overseas marketsThe NZX-50 fell almost five points in early trading today, following dips in American equities markets late on Friday, moves by Bank of China to cut lending and unfavourable US and European economic data.The benchmark New Zealand...Source: nzherald.co.nz - Business | 14 Feb 2010 | 3:43 pm Investors abandon junk bondsInvestors are selling out of “junk” bonds at the fastest rate since September 2005, in the latest indication that concerns over sovereign debt are spreading to other credit marketsSource: Financial Times - US homepage | 14 Feb 2010 | 3:31 pm Kiwi dollar falls amid Greek bailout fearsThe New Zealand dollar fell amid growing uncertainty over the European Union's plan to bail out Greece from its fiscal woes, which sapped investors' appetite for riskier, higher-yielding, assets.European officials warned there...Source: nzherald.co.nz - Business | 14 Feb 2010 | 3:00 pm Asia to reverse IT outsource trendIT outsourcing is set to rise in Asian markets as the region’s companies begin to modernise their business processes and technology systems, says Dell ServicesSource: Financial Times - US homepage | 14 Feb 2010 | 2:53 pm 8 great stocks we loveReady to make a long-term commitment this Valentine's Day? Start with Apple, Priceline.com and 6 more of our most lovable stock picks.Source: Business and financial news - CNNMoney.com | 14 Feb 2010 | 2:53 pm Biden hints at military trial for 9/11 suspectJoseph Biden, the US vice-president, suggested that the alleged mastermind behind the September 11 2001 attacks could be tried in front of a military tribunal instead of a civilian court, the avenue favoured by the country’s attorney-generalSource: Financial Times - US homepage | 14 Feb 2010 | 2:39 pm Athens to resist push for greater austerityGreece is fighting to postpone any decision on a further tightening of measures until mid-March, when officials from the EU, ECB and IMF are due to inspect its deficit-cutting plansSource: Financial Times - US homepage | 14 Feb 2010 | 1:49 pm Investors brace for the next overseas surprise (AP)AP - Investors may wish they had a crystal ball.Source: Yahoo! News: Stock Markets News | 14 Feb 2010 | 12:36 pm Gome founder charged with briberyHuang Guangyu, founder of Chinese electronics retail chain Gome has been indicted on charges of bribery, illegal business dealings and insider trading, state media saidSource: Financial Times - US homepage | 14 Feb 2010 | 12:26 pm Zain board approves $10.7 billion Bharti bid for Africa ops (Reuters)Reuters - Kuwaiti telecom group Zain has agreed to offload its African assets to India's Bharti Airtel , state news agency KUNA and a person familiar with the matter said on Sunday, in a deal valued at $10.7 billion.Source: Yahoo! News: Stock Markets News | 14 Feb 2010 | 12:18 pm Different tones at mobile telecoms showcaseHandset makers at the Mobile World Congress in Barcelona say they are looking forward to revenue growth in 2010. But network equipment makers are bracing for a second successive year of sales declinesSource: Financial Times - US homepage | 14 Feb 2010 | 11:39 am India takes measured tone over blastThe Congress party-led government refused to apportion blame for a weekend bomb attack in Pune that killed nine people, including an Italian follower of the Osho ashram, the city’s famous spiritual centreSource: Financial Times - US homepage | 14 Feb 2010 | 11:03 am Greek drama plays out on Wall StreetNEW YORK (Reuters) - U.S. stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece's debt problems.
Source: Reuters: Business News | 14 Feb 2010 | 10:17 am Greek drama plays out on Wall Street (Reuters)
Source: Yahoo! News: Stock Markets News | 14 Feb 2010 | 10:17 am Kuwait's Zain said to sell Africa operations (AP)AP - Kuwaiti cell phone operator Zain has accepted an offer from Bharti Airtel Ltd. to sell most of its Africa businesses as it refocuses on its home market in the Middle East, the country's official news agency reported Sunday.Source: Yahoo! News: Business News | 14 Feb 2010 | 9:09 am CNN: Oil exec killed in Alaska avalancheSource: Business and financial news - CNNMoney.com | 14 Feb 2010 | 7:10 am Meet the new Zhu Zhu petsGood news for Zhu Zhu fans: The fuzzy electronic hamsters have quickly multiplied from just four last year to more than 40 new ones -- including the Kung Zu battling hamsters -- that will hit stores this summer.Source: Business and financial news - CNNMoney.com | 14 Feb 2010 | 6:47 am Skype May Gain Acciess To 90 Million Subcribers Verizon Wirless NetworkVerizon Wireless may soon offer its subscribers a new and inexpensive way to make calls. The carrier is likely to begin to offer VoIP services Skype on its handsets. According to BusinessWeek, “The service will let customers make Skype calls over the company’s 3G data network.” The deal would allow Verizon Wireless subscribers to make low-cost or no-cost [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Feb 2010 | 6:01 am 25 President’s Day Quotes
In honor of President’s Day, we’ve listed 25 of the best President’s Day quotes we could find below. Each quote comes from the mouth or pen of a US president. 1. I know only two tunes: one of them is ‘Yankee Doodle’, and the other one isn’t. -Ulysses S. Grant 2. I had rather be on my farm than be emperor of the world. -George Washington 3. If hard work is not another name for talent, it is the best possible substitute for it. -James Garfield 4. Honesty is the first chapter of the book of wisdom. -Thomas Jefferson 5. You don’t get everything you want. A dictatorship would be a lot easier. -George W. Bush 6. Politics is supposed to be the second oldest profession. I have come to realize that it bears a very close resemblance to the first. -Ronald Reagan 7. We should live our lives as though Christ were coming this afternoon. -Jimmy Carter 8. Focusing your life solely on making a buck shows a certain poverty of ambition. It asks too little of yourself. … Because it’s only when you hitch your wagon to something larger than yourself that you realize your true potential. -Barack Obama 9. There is nothing wrong with America that cannot be cured by what is right with America. -Bill Clinton 10. History, in general, only informs us what bad government is. -Thomas Jefferson 11. If men were angels, no government would be necessary. -James Madison 12. Think about every problem, every challenge, we face. The solution to each starts with education. -George H.W. Bush 13. The lesson of history is rarely learned by the actors themselves. -James A. Garfield 14. Order without liberty and liberty without order are equally destructive. -Theodore Roosevelt 15. Older men declare war. But it is the youth that must fight and die. -Herbert Hoover 16. When you get to the end of your rope, tie a knot and hang on. -Franklin D. Roosevelt 17. It is amazing what you can accomplish if you do not care who gets the credit. -Harry S. Truman 18. I am rather inclined to silence, and whether that be wise or not, it is at least more unusual nowadays to find a man who can hold his tongue than to find one who cannot. -Abraham Lincoln 19. Neither a wise man nor a brave man lies down on the tracks of history to wait for the train of the future to run over him. -Dwight D. Eisenhower 20. I leave you, hoping that the lamp of liberty will burn in your bosoms until there shall no longer be a doubt that all men are created free and equal. -Abraham Lincoln 21. As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. -John F. Kennedy 22. The success of our popular government rests wholly upon the correct interpretation of the deliberate, intelligent, dependable popular will of America. -Warren Harding 23. The chief business of the American people is business. -Calvin Coolidge 24. No president who performs his duties faithfully and conscientiously can have any leisure. -James Polk 25. Officeholders are the agents of the people, not their masters. -Grover Cleveland
Source: Business Pundit | 14 Feb 2010 | 5:08 am
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