|
|
|
|
Pru investors to be asked to pay even morePrudential will this week try to persuade shareholders to accept less attractive terms for its $35.5 billion acquisition of AIA in Asia as the price for winning regulatory approval.$ Source: Latest Business News from Times Online | 10 May 2010 | 4:04 pm Abruptly unemployed fishermen struggling to get by (AP)
Source: Yahoo! News: Business News | 10 May 2010 | 4:14 am EU creates $1 trillion package to save euro (AP)
Source: Yahoo! News: Business News | 10 May 2010 | 4:14 am Stock futures surge on central bank actions (AP)
Source: Yahoo! News: Stock Markets News | 10 May 2010 | 4:12 am Stock futures surge on central bank actions (AP)
Source: Yahoo! News: Business News | 10 May 2010 | 4:12 am Shares surge after EU loan dealLeading European shares jump after Europe agrees measures to try to stop the Greek debt crisis affecting other countries.Source: BBC News | Business | World Edition | 10 May 2010 | 4:11 am Rescue plan fires stock rally, euro gains (Reuters)
Source: Yahoo! News: Business News | 10 May 2010 | 4:07 am Rescue plan fires stock rally, euro gainsLONDON (Reuters) - Financial markets climbed away from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading.
Source: Reuters: Business News | 10 May 2010 | 4:07 am Global stocks leap on rescue planStocks in Europe and Asia soared Monday, boosted by a bold plan to stem the debt crisis that has thrown markets around the world into turmoil.Source: Business and financial news - CNNMoney.com | 10 May 2010 | 4:06 am Red Knights seek Man Utd 'value'The Red Knights group eyeing Man Utd says it would not pay more than 'fair value', put at about £1bn, for the club.Source: BBC News | Business | World Edition | 10 May 2010 | 4:05 am Oil Down, Gasoline Prices UpThe highly regarded Lundberg Survey said that the price of regular grade gas rose 7 cents in the last two weeks to $2.92. The average price of premium was up to $3.16. The sell-off in crude, mostly due to trouble in Europe, might have helped reverse ballooning fuel prices, but it now appears that the move [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 10 May 2010 | 4:03 am BA price-fixing trial collapsesThe trial of three ex-British Airways executives and one current employee on price-fixing charges collapses.Source: BBC News | Business | World Edition | 10 May 2010 | 4:03 am Sandbags to try to block oil blobs in Louisiana (AP)
Source: Yahoo! News: Business News | 10 May 2010 | 4:01 am London Markets: U.K. banks lead 4.9% rally after EU rescue planLondon shares surged on Monday as relief that finance ministers and central bankers managed to agree a support package for Europe offset concerns on the domestic front as politicians continue to try and hammer out an agreement on who will run the country.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 4:01 am Nature loss 'to damage economies'Earth's ongoing loss of biodiversity and ecosystems losses may soon begin to hit economies, a major UN report warns.Source: BBC News | Business | World Edition | 10 May 2010 | 4:00 am EU's trillion dollar package sends markets soaring (AFP)
Source: Yahoo! News: Business News | 10 May 2010 | 3:54 am "Shock and awe" halts euro market slide for nowBRUSSELS (Reuters) - A $1 trillion global emergency rescue package to stabilize the euro reversed the slide in world financial markets on Monday but left longer-term questions about whether Europe's weakest economies can manage their debt.
Source: Reuters: Business News | 10 May 2010 | 3:48 am BA cabin crew unions mull fresh strikeBritish Airways’ cabin crew on Monday will decide whether to disrupt the travel plans of thousands of passengers later this month by calling for a new strike after members rejected the airline’s latest peace offering.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:45 am Toyota chief, LaHood vow to improve communicationAfter a "frank dialogue," the U.S. transportation secretary praises the automaker's efforts to boost safety.Standing side by side, Toyota Motor Corp. President Akio Toyoda and Transportation Secretary Ray LaHood on Monday vowed to improve communication as U.S. regulators continued their scrutiny of quality breakdowns that led to a major recall of Toyota vehicles.
Source: L.A. Times - Business | 10 May 2010 | 3:42 am European Stocks to Watch: French lenders show biggest gains on EU aid planEuropean banking stocks surge Monday, with French lenders showing the biggest rebound after the European Union's plan to rescue Greece and other struggling economies was unveiled.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:42 am Indications: Dow industrials futures leap over 400 on EU planU.S. stock futures surge Monday in what could be the best one-day gain of the year in reaction to a European Union plan designed to stave off a run on the euro.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:42 am Weather Pushs Gulf Oil Spill Toward TexasThere has been a great deal of concern that the oil slick created by 5,000 barrels a day from the wrecked Deepwater Horizon would hit beaches in Louisiana. Alabama, and perhaps Florida. In each area, the oil could ruin the fishing industry along with the shipping and tourism business. The BP plc (NYSE: BP) plan [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 10 May 2010 | 3:41 am Car sale growth in China 'slows'The growth of car sales in China is slowing, a report by a private research group suggests.Source: BBC News | Business | World Edition | 10 May 2010 | 3:41 am Jury out on long-term impact of E.U. rescue planA $970 billion plan to address the euro-zone’s sovereign debt crisis brought relief to troubled credit markets and sparked a rebound by the euro and banking shares Monday, but economists said it was too early to tell whether the measures would be enough.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:37 am Union wins civil service pay caseA union wins a legal battle to stop government cost-cutting measures which threaten the level of redundancy pay for civil servants.Source: BBC News | Business | World Edition | 10 May 2010 | 3:35 am Europe Markets: Big gains for banks lead Europe stocks' surgeEuropean shares advance on Monday behind outsize gains for financials, after European finance ministers and central bankers agree a program designed to stop a crisis that started in Greece spreading through the rest of the region.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:33 am Hadera Paper Ltd. Reports Financial Results for First Quarter Ended March 31, 2010 and Intention for Public Placement of Debentures and Credit RatingSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:28 am Share tips: buy BPMore share tips including ARM and Old Mutual.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 10 May 2010 | 3:26 am Investors welcome €720bn EU bail-outGlobal Markets Overview: euro claws back last week’s losses as fears over sovereign debt contagion ease after the European Union announced its emergency loan packageSource: Financial Times - US homepage | 10 May 2010 | 3:21 am Metals Stocks: Gold futures drop 2% on EU bailout planGold falls as news of a plan to prevent the spread of the Greek debt crisis dulls gold’s investment appeal.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:21 am Bank of England likely to hold rates (AP)AP - The Bank of England is expected to keep interest rates steady at 0.5 percent and refrain from any further asset purchases when it finishes its monthly Monetary Policy Committee meeting on Monday.Source: Yahoo! News: Business News | 10 May 2010 | 3:20 am Bank of England likely to hold ratesThe Bank of England is expected to keep interest rates steady at 0.5 percent and refrain from any further asset purchases when it finishes its monthly Monetary Policy Committee meeting on...Source: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:20 am Exceedingly Good Recruitment: Premier Foods Selects Alexander Mann Solutions to Manage Contingent RecruitmentSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:19 am Wall St futures rise after $1 trillion EU/IMF deal (Reuters)
Source: Yahoo! News: Stock Markets News | 10 May 2010 | 3:17 am Wall St futures rise after $1 trillion EU/IMF deal(Reuters) - U.S. stock index futures pointed to a strong start for Wall Street on Monday, with shares set to rebound as confidence was boosted after global policymakers came up with an emergency rescue package worth around $1 trillion aimed at preventing Greece's debt crisis from spreading through the euro zone.
Source: Reuters: Business News | 10 May 2010 | 3:17 am The EU Rescue: End Of “Wolf Packs” But Not RiotsThe EU laid out its ambitious plan to steady the finances of the region. The three-part program was explained by the group: ”The Council and the Member States have decided today on a comprehensive package of measures to preserve financial stability in Europe, including a European Financial Stabilization mechanism with a total volume of up to 500 billion euros.” The [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 10 May 2010 | 3:16 am Relevant Public Relations of Staten Island, N.Y., Tagged as Richmond Tile & Bath's Multimedia RepSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:15 am BAA passenger numbers fall under ash cloudThe volcanic ash cloud from Iceland led to passenger numbers at BAA’s airports in Britain falling by nearly two million last month. Source: Latest Business News from Times Online | 10 May 2010 | 3:09 am Wall Street: What happens next?A brutal week on Wall Street left all three major stock gauges in negative territory for the year and the Nasdaq in full-on 'correction' mode.Source: Business and financial news - CNNMoney.com | 10 May 2010 | 3:08 am HSBC to pay for business owners to learn from international mentorsInternational bank HSBC has teamed up with the Telegraph.co.uk to offer growing businesses £90m in lending, up to £200,000 cash back and access to some of the world's leading business mentorsSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 10 May 2010 | 3:08 am FTSE surges at open after EU rescue plan (AFP)
Source: Yahoo! News: Stock Markets News | 10 May 2010 | 3:05 am Peabody cuts bid for Australian coal miner Macarthur (AFP)
Source: Yahoo! News: Business News | 10 May 2010 | 3:04 am Where Does the Market Go From Here? (Pundit Watch)After last week's fall, experts discuss the outlook for stocks.
Source: SmartMoney.com | 10 May 2010 | 3:01 am Roth Conversion: Savers Say 'No Thanks' (On the Street)Consumers are skeptical about converting to a Roth IRA. Are they right?
Source: SmartMoney.com | 10 May 2010 | 3:01 am Writing Off Grandma, Roth IRA Moves, More (Ask SmartMoney)Stephanie AuWerter answers your personal finance questions.
Source: SmartMoney.com | 10 May 2010 | 3:01 am Cashing in on Auto IncentivesAuto makers are offering better financing but less cash back. Is it time to buy?
Source: SmartMoney.com | 10 May 2010 | 3:01 am Find Property Flaws Before It's Too LateHow buyers can lessen the chance of problems arising after closing.
Source: SmartMoney.com | 10 May 2010 | 3:01 am CNinsure Announces Filing of Form 20-F with SECSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:00 am General Steel Reports Results for the First Quarter of 2010Source: RSS feed - channel BNewsBusiness | 10 May 2010 | 3:00 am Currencies: Euro jumps against dollar, yen on EU rescue planThe euro surged Monday after the European Union agreed a 750 billion euro rescue package aimed at containing damage from Greece's debt woes.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 3:00 am Futures Movers: Crude futures climb nearly 4% on EU aid planCrude-oil futures climb more than 4%, rebounding on the heels of a European plan to prevent the Greek debt crisis from spreading.
Source: MarketWatch.com - Top Stories | 10 May 2010 | 2:59 am Oil spill threatens already weakened wetlands (AP)
Source: Yahoo! News: Business News | 10 May 2010 | 2:56 am EU agrees euro stability packageEU finance ministers agree emergency measures worth 750bn euros (£650bn) to stop the Greek debt crisis from spreading.Source: BBC News | Business | World Edition | 10 May 2010 | 2:54 am 24/7 Wall St.’s Corporate Power Rankings: Week 17The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and change, and credible rumors. It is, in effect, a new version of the DJIA. The Corporate Power Rankings are released at [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 10 May 2010 | 2:42 am World markets climb as EU moves to defend euro (AP)
Source: Yahoo! News: Stock Markets News | 10 May 2010 | 2:24 am World markets climb as EU moves to defend euroWorld stock markets surged Monday as the European Union agreed on a nearly $1 trillion defense package for the embattled euro, hoping to contain global fallout from Greece's debt crisis andSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 2:24 am Frost & Sullivan: Wellness a Critical Factor for Healthy Corporate WealthSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 2:15 am Approval of South Deep New Order Mining Right and Granting of New Right to Contiguous PropertySource: RSS feed - channel BNewsBusiness | 10 May 2010 | 2:07 am Ness Technologies Wins IVR Contract with Bank DiscountSource: RSS feed - channel BNewsBusiness | 10 May 2010 | 2:07 am BP eyes smaller dome plan as costs reach $350 mlnBP on Monday outlines a plan to put a smaller dome on top of the main leak point after a larger containment dome meant to contain a leak clogs
Source: MarketWatch.com - Top Stories | 10 May 2010 | 2:06 am Growth in China passenger car sales slows in April (AP)AP - Growth in China's passenger car sales slowed to 34 percent in April as a yearlong surge in demand began to falter, a private research group reported Monday.Source: Yahoo! News: Business News | 10 May 2010 | 2:05 am Media Digest 5/10/2010Reuters: The US exchanges will testify before Congress about the market plunge. Reuters: The NYSE and NASDAQ said that they would cooperate with investigations of the market meltdown. Reuters: S&P futures rose as central banks set up swap facilities. Reuters: Oil jumped above $77. Reuters: Simon Fuller’s music recommendations hit 150 million downloads on the [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 10 May 2010 | 1:50 am Ash hits BAA passenger numbersUK airport operator BAA says the volcanic ash disruption cut passenger numbers by more than 20% last month.Source: BBC News | Business | World Edition | 10 May 2010 | 1:29 am U.S. Fed reopens currency swap lines with ECB, othersWASHINGTON (Reuters) - The U.S. Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe.
Source: Reuters: Business News | 10 May 2010 | 1:23 am Stock investors' nerves are 'frayed'The stock market's entire 2010 gain just got wiped out in a four-day losing streak, but financial advisors say not to panic. ...Source: RSS feed - channel BNPaperBusiness | 10 May 2010 | 1:00 am Stock investors' nerves are 'frayed'The stock market's entire 2010 gain just got wiped out in a four-day losing streak, but financial advisors say not to panic.The stomach-churning turmoil that revisited the stock market last week may not be gone yet.
Source: L.A. Times - Business | 10 May 2010 | 1:00 am WellPoint, Obama rift escalatesThe health insurer's CEO fires back after the president makes rate hikes and policy cancellations a focal point of his weekly radio address. ...Source: RSS feed - channel BNPaperBusiness | 10 May 2010 | 1:00 am California poised for tourism reboundThe state Travel and Tourism Commission predicts a nearly 3% increase in visitors this year, followed by a 4% increase in 2011. Visitors are expected to spend about 5% more than in 2009. ...Source: RSS feed - channel BNPaperBusiness | 10 May 2010 | 1:00 am Farmers markets are testing grounds for growing a small businessLocations in Southern California offer growers and craftspeople a low-cost way to see whether they have a viable concept. But the job of getting into one of these events can be challenging.Spring is here, and people around the Southland are flocking once again to newly bountiful farmers markets where hopeful vendors offer everything from peas to paintings.
Source: L.A. Times - Business | 10 May 2010 | 1:00 am L.A. to host Microsoft conference, still wooing Comic-ConAlso: Discounts on hotel rooms, and flight attendants union wants better flotation devices.Even if Los Angeles fails to woo one of the nation's biggest gatherings of comic book fanatics, the city at least has netted a major conference of computer techies.
Source: L.A. Times - Business | 10 May 2010 | 1:00 am Farmers markets are testing grounds for growing a small businessLocations in Southern California offer growers and craftspeople a low-cost way to see whether they have a viable concept. But the job of getting into one of these events can be challenging. ...Source: RSS feed - channel BNPaperBusiness | 10 May 2010 | 1:00 am WellPoint, Obama rift escalatesThe health insurer's CEO fires back after the president makes rate hikes and policy cancellations a focal point of his weekly radio address.A war of words between President Obama and health insurers escalated Sunday as industry giant WellPoint Inc. found itself under renewed attack for raising rates and canceling insurance policies of sick patients.
Source: L.A. Times - Business | 10 May 2010 | 1:00 am California poised for tourism reboundThe state Travel and Tourism Commission predicts a nearly 3% increase in visitors this year, followed by a 4% increase in 2011. Visitors are expected to spend about 5% more than in 2009.The state Travel and Tourism Commission predicts a nearly 3% increase in visitors this year, followed by a 4% increase in 2011. Visitors are expected to spend about 5% more than in 2009.
Source: L.A. Times - Business | 10 May 2010 | 1:00 am Business Bullet: Sterling, EU aid, Gold, PruThe latest news on: Sterling, EU aid, Gold, PruSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 10 May 2010 | 12:57 am NZ market rises along with global trendThe New Zealand sharemarket rallied along with markets around the world today after European policy makers set up massive defences to protect the euro and restore confidence in financial markets.Investors applauded what was seen...Source: nzherald.co.nz - Business | 10 May 2010 | 12:30 am Chinese trade returns to surplusBeijing defies expectations of a second straight deficit after March’s $7.2bn shortfall, but exports only narrowly exceeded imports, providing limited comfort for policymakers fearful of further global turmoilSource: Financial Times - US homepage | 10 May 2010 | 12:18 am General Election 2010: Reducing the deficit is more important than PRTelegraph View: The overriding need of a new government is for swift and decisive action.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 10 May 2010 | 12:04 am Dollar dips against euro after Greek aid approvedThe New Zealand dollar was stronger against the greenback and yen, but weaker against the euro after the European Union and IMF carved out an emergency loan package of up to 750 billion euros to keep Greece's debt crisis from spreading...Source: nzherald.co.nz - Business | 10 May 2010 | 12:02 am Harrods and Mohamed Fayed are in a class of their ownIt's quite something what Mr Fayed achieved with Harrods, writes Melanie McDonagh.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 11:52 pm US unemployment rate edges higherThe US jobless rate rose in April, despite the fact that the number of people with jobs rose during the month, figures show.Source: BBC News | Business | World Edition | 9 May 2010 | 11:52 pm EU unveils $968-billion emergency bailout planA rescue deal involving loan guarantees to Eurozone nations is hashed out to shore up faltering European economies, and the euro.Fearful of a regional economic meltdown, the European Union and International Monetary Fund approved a dramatic rescue mechanism early Monday to make nearly a trillion dollars in loans available to EU member countries in danger of going bankrupt, as worries persisted that Greece's troubles would spread far beyond its borders.
Source: L.A. Times - Business | 9 May 2010 | 11:50 pm General election 2010: The markets won't waitOur predicament is so grave that only rapid and unpopular action will prevent a disastrous loss of confidence in the UK, says Nigel Lawson.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 11:44 pm General Election 2010: Get Gordon Brown out of the bathroom and deal with the real problemsWe need to avert our eyes from the soap opera and focus on the economy, says Boris Johnson.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 11:23 pm Peabody pares bid for Australia's Macarthur CoalMELBOURNE (Reuters) - The impact of a proposed tax on mining firms in Australia hit home on Monday as Peabody Energy cut its takeover bid for Macarthur Coal and Xstrata suspended copper exploration work in Queensland, both citing the tax.
Source: Reuters: Business News | 9 May 2010 | 11:14 pm Exchange execs, SEC to discuss trading rules (AP)AP - Financial regulators have summoned the heads of major exchanges including the New York Stock Exchange Euronext and Nasdaq OMX Group to Washington on Monday to discuss how conflicting trading rules may have contributed to Thursday's historic stock market plunge.Source: Yahoo! News: Stock Markets News | 9 May 2010 | 11:05 pm The euro rescue and Britain's hung Parliament: live market reactionThe latest as markets react to the Eurozone's rescue of the euro and the ongoing moves to form a new Government in Britain.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 10:50 pm Inside Mark Hotchin's half-finished $30m mansionA half-finished $30 million mansion of failed Hanover Finance director Mark Hotchin is big enough to contain 13 average houses just on its floor space.The mansion, on Auckland's golden mile of real estate, Paritai Dr, has Source: nzherald.co.nz - Business | 9 May 2010 | 9:45 pmAlistair Darling denies €750bn EU bailout exposes UK taxpayerAlistair Darling has denied that Britain is helping to prop up the euro after he agreed to a €750 billion (£650 billion) EU and International Monetary Fund rescue fund to shore up troubled eurozone economies. Source: Latest Business News from Times Online | 9 May 2010 | 9:37 pm Tourist spend falls for second year runningThe amount of money spent by international visitors to New Zealand has slipped for the second year running, as the global economy weakened tourism spend.Data released today by The Ministry of Tourism shows spending fell 2.2 per...Source: nzherald.co.nz - Business | 9 May 2010 | 9:20 pm U.S. exchanges summoned to DC after market plungeNEW YORK/WASHINGTON (Reuters) - The heads of leading U.S. stock market operators have been called to Washington for an emergency meeting on Monday, days after a spine-chilling plunge in stock prices continued to perplex U.S. regulators.
Source: Reuters: Business News | 9 May 2010 | 9:20 pm European Central Bank to intervene in bond marketsBRUSSELS - The European Central Bank says it has decided to intervene in bond markets as part of the EU's euro defence package.The bank said Monday that the action is designed "to ensure depth and liquidity in those market segments...Source: nzherald.co.nz - Business | 9 May 2010 | 9:10 pm DNZ Property Fund shares placed on trading haltDNZ Property Fund said its shares, which trade in the alternative Unlisted market, have been placed on a trading halt until after the special shareholder meeting on May 12.The board said the trading halt was prudent and it would...Source: nzherald.co.nz - Business | 9 May 2010 | 9:06 pm EU ministers agree on euro defence packageBRUSSELS - European Union finance ministers have agreed on a ?750 billion EU and IMF safety net for troubled eurozone countries, hoping it will keep markets from targeting the weaker members of the 16 countries that use the embattled...Source: nzherald.co.nz - Business | 9 May 2010 | 9:00 pm NZ dollar outlook: Europe clouds kiwi's fortunesLingering concerns about how European policymakers will deal with the prospect of a widening debt crisis will weigh on the kiwi dollar, with the currency expected to continue in its recent range this week.Five of eight economists...Source: nzherald.co.nz - Business | 9 May 2010 | 8:30 pm Vodafone teams up with Canadians for broadband bidVodafone has formed an alliance with Canadian company Axia to bid for the Government's planned ultra-fast broadband project.The Government is spending $1.5 billion on the ultra-fast broadband network.Vodafone chief executive...Source: nzherald.co.nz - Business | 9 May 2010 | 8:00 pm Sir Bob Jones sues investment adviserFormer politician and property tycoon Sir Robert Jones is suing Kapiti Coast investment adviser Chris Lee for defamation.Justice Denis Clifford today told the High Court at Wellington the alleged defamation involved the company...Source: nzherald.co.nz - Business | 9 May 2010 | 7:55 pm Frayed investors eye skittish stocks (Reuters)Reuters - The extreme market volatility of recent days has shaken investors, who still are seeking a clear explanation of what sent U.S. stocks into Thursday's dizzying intraday spiral.Source: Yahoo! News: Stock Markets News | 9 May 2010 | 6:14 pm Rare glimpseInside China's unique brand of hybrid capitalismSource: BBC News | Business | World Edition | 9 May 2010 | 6:09 pm Japan in risky territory: Things could turn ugly fastOn paper, Japan’s fiscal position looks irretrievably horrendous. It is worse, by some measures, than that of Greece and notably without any clear “exit strategy”. Gross public debt has edged up to 200 per cent of GDP. Net debt, at 100 per cent of GDP, is still in acutely dangerous territory. Persistent deflation, low real growth and the world’s most rapidly ageing population are poor ingredients for debt stabilisation. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Pound fears look overdoneIt seems that we’re likely to have a bit more uncertainty about the nature of the new government — and about how long we can expect it to remain in power. Is that really as bad for sterling as many were suggesting on Friday? It’s easy to see why it might be — and yet, very easy to exaggerate that case. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Business big shot: Ted Tuppen, of Enterprise InnsAge 58 Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm In all this uncertainty, one thing is likely to stay the sameWith the make-up of the new government still not clear as the Bank of England Monetary Policy Committee started its two-day meeting on Friday, it will have added political uncertainty to its list of headwinds facing the economy such as “sticky inflation” and disappointing growth. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Hedge fund directive strikes blow at CityA hung Parliament has left Britain at a huge disadvantage in negotiating the final wording of a controversial EU directive that will clamp down on hedge funds and private equity. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Virgin health clubs tone up for global statusIt has emerged from the recession in good health and now Virgin Active is planning to put on some serious extra muscle and turn itself into the strongest player in the health and fitness world. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Cash-rich BA union threatens travel chaos over half-term holidaysThe leaders of Britain’s biggest trade union will meet representatives of British Airways cabin crew today, flush with a fighting fund of £700,000 to support a strike that threatens to ground flights for three weeks, including the Whitsun Bank Holiday and school half-term. Source: Latest Business News from Times Online | 9 May 2010 | 6:01 pm Germany's finance minister suffers allergic reaction during key finance talksGermany's finance minister Wolfgang Schaeuble was admitted to hospital after suffering an allergic reaction during crisis talks to protect the eurozone.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 5:35 pm Small-Business Q&A: How to improve salesAlso: Choosing a name for a new company, and is this a bad time to start a venture?Dear Karen: How can we improve sales?
Source: L.A. Times - Business | 9 May 2010 | 5:07 pm Small-Business Q&A: How to improve salesAlso: Choosing a name for a new company, and is this a bad time to start a venture? Dear Karen: How can we improve sales?Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 5:07 pm European groups write off €300bn of debtsEuropean companies have written off debt of €300bn – equivalent to the total debt of Greece – in the past 12 months because of late payment, imperilling many small companies, according to an authoritative studySource: Financial Times - US homepage | 9 May 2010 | 4:39 pm Social gaming industry consolidatesThe multi-billion dollar industry that has built up around “social gaming” – casual video games played on social networking websites – is rapidly consolidatingSource: Financial Times - US homepage | 9 May 2010 | 4:21 pm Corus in talks with Thailand's SSI over sale of Teesside steel plantCorus is in talks with Thai industrial group SSI over the sale of its Teesside steel plant but any deal could be weeks away, according to sources.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 May 2010 | 4:08 pm Cameron moves a step closer to No 10David Cameron is closer to 10 Downing Street after senior Conservatives and Liberal Democrats held almost seven hours of ‘very positive’ power-sharing negotiations, including proposals to cut the £163bn budget deficitSource: Financial Times - US homepage | 9 May 2010 | 4:01 pm Goldman partners face brutal cullThe cull that usually accompanies Goldman Sachs’ biennial selection of new partners promises to be more brutal than usual this year as lower-than-expected turnover of top employees could prompt the bank to oust dozens of its 400 existing partnersSource: Financial Times - US homepage | 9 May 2010 | 3:42 pm Petropavlovsk to spin off iron ore unitThe Russian gold miner is spinning off its iron ore division in a Hong Kong listing after becoming the latest mining company to secure Chinese project financeSource: Financial Times - US homepage | 9 May 2010 | 3:36 pm OPEC Sec-Gen sees oil oversupply, too early for action (Reuters)
Source: Yahoo! News: Stock Markets News | 9 May 2010 | 3:25 pm OPEC Sec-Gen sees oil oversupply, too early for actionDOHA (Reuters) - OPEC's Secretary General said on Sunday global oil markets were oversupplied, but it was too early to talk about the producer group taking action to halt the sharp price fall sparked by the euro zone debt crisis.
Source: Reuters: Business News | 9 May 2010 | 3:25 pm The eurozone must take responsibility or it will split"Whatever it takes" is not a bad motto for the fight to save the eurozone. And the same goes for the new European stability fund, which fills a yawning gap in the institutional fabric of the eurozone...Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 3:01 pm Obama set to back Kagan for Supreme CourtPresident Barack Obama is expected to nominate his second Supreme Court justice, with Elena Kagan, the 50-year-old solicitor-general, favourite to be elevated to the top court in the US.Source: Financial Times - US homepage | 9 May 2010 | 1:50 pm NYSE, Nasdaq halt bickering, pledge co-operationNEW YORK (Reuters) - The two largest U.S. stock exchange operators, NYSE Euronext and Nasdaq OMX Group, called a truce and issued a joint statement on Sunday, pledging to co-operate with each other and regulators to get to the bottom of last week's dramatic stock market plunge.
Source: Reuters: Business News | 9 May 2010 | 1:42 pm NYSE, Nasdaq halt bickering, pledge co-operation (Reuters)Reuters - The two largest U.S. stock exchange operators, NYSE Euronext and Nasdaq OMX Group, called a truce and issued a joint statement on Sunday, pledging to co-operate with each other and regulators to get to the bottom of last week's dramatic stock market plunge.Source: Yahoo! News: Stock Markets News | 9 May 2010 | 1:42 pm The unappealing choices after an inconclusive electionIt has been a generation since the British electorate delivered such an inconclusive result at a general election. Not since Edward Heath posed the question "Who Governs Britain?" in February 1974 the...Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 1:39 pm America has good reason to worry about GreeceAt the end of last week, the US looked hard at Greece and was scared. So tiny an economy should not be bringing all of Europe low and even threatening to explode the euro, but it is. What started...Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 1:17 pm Goodbye, stimulus. Hello, teacher cutsThink states have made deep spending cuts? You ain't seen nothing yet.Source: Business and financial news - CNNMoney.com | 9 May 2010 | 12:06 pm Taliban ‘behind’ Times Square bombTop US officials say that Faisal Shahzad, who has confessed to the bomb attempt this month, was working with the Tehrik-e-Taliban, a Pakistani militant Islamist groupSource: Financial Times - US homepage | 9 May 2010 | 11:43 am Votes on US financial reform to be tightPaul Volcker, the influential former Federal Reserve chairman, is casting a long shadow over two proposed regulatory changes that have shot to the top of the banks’ ‘must-kill’ list and could come to a vote in the US Senate this weekSource: Financial Times - US homepage | 9 May 2010 | 11:15 am Economic Outlook: Powerhouses scrutinisedFamiliar concerns are likely to remain in focus this week, with investors hoping that economic data from Europe, China and the US will provide some clarity. Markets were hammered last week as heightening...Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 10:56 am 'Iron Man 2' soars with $134-million openingHollywood kicked off its most important time of the year, summer-event movie season, with an explosive start for "Iron Man 2," which sold an estimated $133.6 million worth of tickets in the U.S. and Canada.
Source: L.A. Times - Business | 9 May 2010 | 10:55 am 'Iron Man 2' soars with $134-million openingHollywood kicked off its most important time of the year, summer-event movie season, with an explosive start for "Iron Man 2," which sold an estimated $133.6 million worth of tickets in the U.S. and Canada...Source: RSS feed - channel BNPaperBusiness | 9 May 2010 | 10:55 am White House sees no cyber attack on Wall Street (AP)AP - The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos that shook Wall Street last Thursday.Source: Yahoo! News: Stock Markets News | 9 May 2010 | 10:45 am Dodd urges SEC to look at high-speed trading (AP)AP - Federal regulators have got to address the "casino environment" on Wall Street where computerized high-frequency trading can trigger market-shaking turmoil, Senate Banking Committee Chairman Chris Dodd said Sunday.Source: Yahoo! News: Stock Markets News | 9 May 2010 | 10:32 am U.S. market crash shows need for regulatory revampWASHINGTON (Reuters) - Wall Street's unexplained plunge last week and Greece's debt problems posed systemic risks and underscored the need for financial regulatory overhaul, a top U.S. lawmaker said on Sunday.
Source: Reuters: Business News | 9 May 2010 | 10:16 am U.S. dept stores may struggle to satisfy investorsNEW YORK (Reuters) - Top U.S. department stores are expected to show this week that the strong momentum from last year's holiday season has carried into spring, but investors are already looking toward summer and autumn.
Source: Reuters: Business News | 9 May 2010 | 10:02 am The Unusual Suspects (AIG, BIDU, BP, RIG, CSCO, DRWI, GGP, GS, ITA, MED, ROAC, SIRI)The new list of Unusual Suspects for stocks to watch this coming week is out. How can you pick out just over ten stocks to watch in the week ahead after the debacle we saw this last week? Carefully… There is only one of the preview stocks the week ahead based on earnings. The new [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 May 2010 | 7:31 am New Oil Threat Described By NOAA“The experimental containment dome was successfully positioned over the leaking riser pipe last night, but then had to be removed after a large volume of ice-like methane hydrate crystals accumulated inside of the structure. These crystal hydrates blocked the flow of oil and threatened to lift the dome off the sea floor. The 4-story containment [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 May 2010 | 7:02 am Another jobless summer for teensThe job situation is starting to look better for grownups. But college and high school kids could be in for a long, disappointing summer.Source: Business and financial news - CNNMoney.com | 9 May 2010 | 6:09 am Smartphone Sales Surge, As Apple Picks Up ShareApple Inc.’s (NASDAQ: AAPL) share of the smartphone market rose 60% in the first quarter of 2010 as sales for the entire industry grew 57%. The total handset market grew only 22% during the same period and smartphones are now 19% of all handsets sold, according to industry research group IDC. Apple market share rose to 16.1% [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 May 2010 | 6:02 am
|
