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European markets flat despite Spain downgradeEuropean stock markets were mostly flat Monday as investors shrugged off more sobering news about shaky government finances amid new signs Asia's economies are pushing ahead with their...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 4:11 am European markets flat despite Spain downgrade (AP)
Source: Yahoo! News: Stock Markets News | 31 May 2010 | 4:11 am European markets flat despite Spain downgrade (AP)
Source: Yahoo! News: Business News | 31 May 2010 | 4:11 am British Airways cabin crew continue strike (AP)
Source: Yahoo! News: Business News | 31 May 2010 | 4:03 am UPDATE 2-Norwegian IT firms EDB, Ergo in merger talks* EDB shares surge as deal could mean Telenor reducing stakeSource: RSS feed - channel BNewsBusiness | 31 May 2010 | 4:01 am Economic Report: European economic sentiment dips in MayEuropean economic sentiment that had been steadily improving from the lows of 2009 took a dip backward in May as stresses over debt burdens cloud the outlook for euro-zone growth.
Source: MarketWatch.com - Top Stories | 31 May 2010 | 4:00 am Asia's benchmark indexes end lower for the monthAsia’s major benchmark indexes finished lower for the month with buying interest across some markets light on Monday as investors remained cautious on concerns that the euro zone’s debt crisis may spread.
Source: MarketWatch.com - Top Stories | 31 May 2010 | 3:48 am Euro inches up while stocks remain flat after warningLONDON (Reuters) - The euro steadied from recent falls and world stocks were becalmed on Monday with a Chinese warning about risks to global growth and a downgrade of Spain's credit heightening investor caution in holiday-thinned trade.
Source: Reuters: Business News | 31 May 2010 | 3:43 am The Fed: Evans: Fed could delay ending low ratesFederal Reserve Bank of Chicago President Charles Evans says Monday that Europe's debt woes could prompt the U.S. central bank to delay raising interest rates, though he downplays the impact of the crisis so far, according to published reports.
Source: MarketWatch.com - Top Stories | 31 May 2010 | 3:43 am British Airways cabin crew continue strikeBritish Airways cabin crew are striking for a 14th day against the airline in a protracted dispute about working conditions and job security. Striking cabin crew walked off their jobs...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:41 am Poland's economy grew 0.5 percent in 1st quarter (AP)AP - Poland's economy grew by 0.5 percent in the first quarter, expanding at a slower pace than in the previous quarter during a particularly harsh winter but still on track for a strong full-year performance amid Europe's broader financial and economic turmoil.Source: Yahoo! News: Business News | 31 May 2010 | 3:31 am Red Knights 'to drop Man Utd bid'A group of businessmen seen as possible buyers of Manchester United will shelve plans to make an offer, a report says.Source: BBC News | Business | World Edition | 31 May 2010 | 3:29 am UPDATE 1-Egypt's OT tells bourse no news to add on MTN talks* Bourse's request followed Sunday's surge in Orascom sharesSource: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:24 am At least 10 dead after Israel raids convoyIsraeli navy commandos raid the international convoy of ships carrying humanitarian supplies to the Gaza Strip, reportedly killing at least two and possibly as many as ten of the pro-Palestinian activists on boardSource: Financial Times - US homepage | 31 May 2010 | 3:23 am UPDATE 3-Battle on for Healthscope, after 2 more takeover offers* Shares rise 5 per cent but below offer price on uncertainty (Adds response from KKR and Tenet, StarMine table; updates share to close)Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:22 am Trichet denies Anglo-Saxon attack on euroEuropean Central Bank President Jean-Claude Trichet on Monday denies that an Anglo-Saxon conspiracy is to blame for the rapidly falling euro as he sidesteps questions over a clash with his potential successor and over Spanish bank health.
Source: MarketWatch.com - Top Stories | 31 May 2010 | 3:19 am GDF Suez wins $1.7B contract in OmanGDF Suez SA has won a $1.7 billion contract from Oman authorities to build and operate two gas-fired power plants in the Gulf sultanate, the French gas and electric utility said Monday. ...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:12 am Poland's economy grew 0.5 percent in 1st quarterPolish authorities say the country's economy grew 0.5 percent in the first quarter of this year compared to the previous three-month period. The Central Statistical Office also said...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:10 am German machinery orders up 36 percent in AprilGermany's machinery industry says recovery accelerated in April as orders rose 36 percent on the year. VDMA, a trade industry group, said Monday the rise _ which followed a 21 percent...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:04 am Hong Kong fines Merrill Lynch for concealed lossesHong Kong regulators have fined two units of U.S. investment bank Merrill Lynch $450,000 after an executive's concealment of losses in a trading account went undetected by the bank for...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:03 am How to Best the Other Home BuyersTips for home buyers: Making an offer they can't refuse.
Source: SmartMoney.com | 31 May 2010 | 3:00 am Honda Motor hoping to resume output after strikeHonda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at a crucial parts plant. "We hope we can...Source: RSS feed - channel BNewsBusiness | 31 May 2010 | 3:00 am Debt-induced stress continues for many Americans (AP)
Source: Yahoo! News: Business News | 31 May 2010 | 2:56 am India's economy grows at fastest pace in 2 years (AP)AP - A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years as Asia's third-largest economy returns to pre-crisis levels of expansion.Source: Yahoo! News: Business News | 31 May 2010 | 2:55 am Acas eyes renewed BA strike talksConciliation service Acas is set to try to arrange more talks between British Airways and the Unite union.Source: BBC News | Business | World Edition | 31 May 2010 | 2:52 am Hitachi outlines $11 billion spend on key businessesTOKYO (Reuters) - Hitachi Ltd , Japan's largest electronics maker, will focus investments on infrastructure-related businesses such as power plants as it seeks to more than double its profit over the next three years.
Source: Reuters: Business News | 31 May 2010 | 2:45 am Euro rebounds after falling on Spain downgrade (AFP)
Source: Yahoo! News: Business News | 31 May 2010 | 2:23 am China's Wen: global economy double-dip possibleTOKYO (Reuters) - Chinese Premier Wen Jiabao warned on Monday that global economic growth remained vulnerable to sovereign debt risks and the possibility of a second downturn, but said his own nation's growth remained on track.
Source: Reuters: Business News | 31 May 2010 | 2:21 am China warns debt woes threaten global recoveryTOKYO (Reuters) - China warned on Monday that Europe's struggle to contain ballooning debt posed a risk to global economic growth, raising the specter of a double-dip recession.
Source: Reuters: Business News | 31 May 2010 | 2:17 am China warns debt woes threaten global recovery (Reuters)
Source: Yahoo! News: Business News | 31 May 2010 | 2:17 am Europe Markets: Europe stocks edge up; Spain lags after downgradeEuropean stocks were mounting an effort to decisively push higher on Monday, despite a Fitch downgrade for Spain that came late last week.
Source: MarketWatch.com - Top Stories | 31 May 2010 | 2:10 am Royal hosts for England WC teamThe sleepy platinum-rich South African town of Rustenburg gets ready to host England's World Cup squad.Source: BBC News | Business | World Edition | 31 May 2010 | 1:45 am Summer of oil looms for beleaguered Gulf Coast (AP)
Source: Yahoo! News: Business News | 31 May 2010 | 1:15 am Fresh downgrade for Spanish debtFitch becomes the second agency to downgrade Spain's credit rating, citing the country's poor growth prospects.Source: BBC News | Business | World Edition | 31 May 2010 | 1:11 am South Korea’s Hynix raises 2010 spendingHynix Semiconductor, the world’s second-largest memory chipmaker, is to increase its capital expenditure by a third to $2.5bn to take advantage of a strong recovery in the global technology sectorSource: Financial Times - US homepage | 31 May 2010 | 1:06 am NZ sharemarket rises slightlyThe New Zealand sharemarket was helped along by a rises in selected leading stocks today but trading was thin with the week in the United States and United Kingdom starting with holidays.The benchmark NZX-50 index closed up 13.479...Source: nzherald.co.nz - Business | 31 May 2010 | 1:03 am NZ dollar gains in quiet tradingThe New Zealand dollar rose today on month-end position squaring and also because the euro and Australian dollars were firm.As expected, trading was restrained ahead of holidays in both the United Kingdom and United States tonight...Source: nzherald.co.nz - Business | 31 May 2010 | 1:01 am Driving forceThe growth of Britain's motor racing industrySource: BBC News | Business | World Edition | 31 May 2010 | 1:01 am Maximize profit by keeping better track of revenue and expensesAlso, how to get started on a great business idea la-fi-0531-smallbiz-Q&A; Klein - office 626-292-6578; cell 626-824-6858; email Karen@KarenEKlein...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Devices turn cellphones into credit card processorsCard readers from such companies as Square and Intuit enable anyone to take plastic for payment, for a fee. For those who want the ability without the fees, PayPal Mobile has come up with an app. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Transferring ownership of a family business is no longer relatively easyThe economic downturn has eroded the value of many firms, making it difficult for founders to shift ownership to the next generation. Some postpone retirement or even step up their involvement. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Firm plans to restart airport security express serviceAlclear has acquired Clear, which had 160,000 members when it shut down last year, and expects to offer the screening program to subscribers at Los Angeles International Airport this summer. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am City National buys another failed bankThe L.A. institution will take over the seven offices of Sun West Bank in Nevada this week. It had in recent months bought Imperial Capital Bank and 1st Pacific Bank of California.The seven offices of Sun West Bank in Nevada are scheduled to reopen Tuesday as part of City National Bank, which scooped up a failed bank from the Federal Deposit Insurance Corp. for the third time in five months.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am Bill would aid depositors at failed IndyMac BankLegislation introduced in the House would retroactively extend the raised FDIC insured limit of $250,000 to deposits at financial institutions that failed beginning Jan. 1, 2008.Federal Deposit Insurance Corp. Chairwoman Sheila Bair last year disappointed underinsured depositors of failed IndyMac Bank when she said they would need an act of Congress to recover money lost when the mortgage lender collapsed.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am Firm plans to restart airport security express serviceAlclear has acquired Clear, which had 160,000 members when it shut down last year, and expects to offer the screening program to subscribers at Los Angeles International Airport this summer.It has been nearly a year since a new screening service to zip passengers through airport security abruptly shut down, sending 160,000 paying customers back to regular passenger lines.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am Bill would aid depositors at failed IndyMac BankLegislation introduced in the House would retroactively extend the raised FDIC insured limit of $250,000 to deposits at financial institutions that failed beginning Jan. 1, 2008. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Devices turn cellphones into credit card processorsCard readers from such companies as Square and Intuit enable anyone to take plastic for payment, for a fee. For those who want the ability without the fees, PayPal Mobile has come up with an app."I don't have any cash on me" may no longer be a valid excuse with new credit card readers that can be used with mobile phones.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am City National buys another failed bankThe L.A. institution will take over the seven offices of Sun West Bank in Nevada this week. It had in recent months bought Imperial Capital Bank and 1st Pacific Bank of California. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Wall Street has a growing fear that consumers will get stingy againStocks' recent retreat could make Americans rein in their spending, which would put a damper on the recovery.Lately Americans have started spending a bit more, giving a lift to the economy. Now fear is growing that they may turn into tightwads again.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am Transferring ownership of a family business is no longer relatively easyThe economic downturn has eroded the value of many firms, making it difficult for founders to shift ownership to the next generation. Some postpone retirement or even step up their involvement.Family businesses, like most small enterprises these days, can be a struggle. And even tougher may be the task of transferring ownership in this economy from one generation to the next.
Source: L.A. Times - Business | 31 May 2010 | 1:00 am Wall Street has a growing fear that consumers will get stingy againStocks' recent retreat could make Americans rein in their spending, which would put a damper on the recovery. ...Source: RSS feed - channel BNPaperBusiness | 31 May 2010 | 1:00 am Bank raises $537m in IndiaThe UK's Standard Chartered Bank raises $537m in India, in the first initiative of its type there by an overseas firm.Source: BBC News | Business | World Edition | 31 May 2010 | 12:48 am Receivers go to court to remove CrafarCourt action is underway to remove the former head of New Zealand's biggest private dairy operation from his property.Receivers KordaMentha say they filed court papers last week to remove Allan Crafar from his Reporoa property,...Source: nzherald.co.nz - Business | 31 May 2010 | 12:34 am Euro steadies after Spain downgradeHONG KONG, May 31 The euro steadied on Monday but remained under pressure after Fitch downgraded Spain's credit rating and France said keeping its top credit rating might be a stretch without tough budget...Source: RSS feed - channel BNPaperBusiness | 30 May 2010 | 10:34 pm Fed officials see small uncertainty from EuropeSEOUL (Reuters) - Two U.S. Federal Reserve officials said on Monday that the euro zone debt crisis has added some uncertainty to the economic outlook but the impact is not yet big enough to influence the interest rate policy of the United States.
Source: Reuters: Business News | 30 May 2010 | 10:18 pm Maximize profit by keeping better track of revenue and expensesAlso, how to get started on a great business ideaDear Karen: I'm having trouble maximizing profit. How can it improve?
Source: L.A. Times - Business | 30 May 2010 | 10:05 pm Currencies: Dollar falls vs. euro, rises vs. yen in AsiaThe U.S. dollar weakens against some of its currency rivals, pulling back after ending May trading in North America with its biggest gain since October of 2008.
Source: MarketWatch.com - Top Stories | 30 May 2010 | 10:04 pm Marsh on Monday: Germans to the front in EuropeFears that the euro mess could lead to a refreezing of worldwide banking markets and derail the global economy are nothing compared to the worries experienced in the euro's heartland, Germany, writes David Marsh.
Source: MarketWatch.com - Top Stories | 30 May 2010 | 10:01 pm Craig Stephen's This Week in China: Plenty of Foxconn shame to go aroundWhen employees are asked to sign a pledge not to kill themselves and safety nets outside dormitories are erected to prevent suicide jumpers, something is badly wrong, writes Craig Stephen.
Source: MarketWatch.com - Top Stories | 30 May 2010 | 10:01 pm Peter Brimelow: Nate's Notes fears 'waterfall drops'A strong letter has just turned negative on the overall stock market, but it’s still committed to what it calls 'quality stocks,' writes Peter Brimelow.
Source: MarketWatch.com - Top Stories | 30 May 2010 | 10:01 pm Dorchester posts annual loss of $19.1MDorchester Pacific, the financial services company seeking to raise $10 million to exit its moratorium, reported a full-year loss of $19.1 million.The net loss narrowed from the previous year's loss of $25.4 million, the company...Source: nzherald.co.nz - Business | 30 May 2010 | 9:30 pm Asia Markets: Japan's not immune, but resilient to debt woesJapan isn’t completely immune to the debt concerns surrounding Europe but recent economic data may support the argument that the nation’s a bit more resilient than others in Asia.
Source: MarketWatch.com - Top Stories | 30 May 2010 | 9:08 pm Property tax change will deter offshore investors, says groupThe Government's move to scrap depreciation on listed commercial property is "completely out of whack" with the rest of the OECD and may make it harder to attract offshore investment, the Property Council says.New Zealand will...Source: nzherald.co.nz - Business | 30 May 2010 | 9:00 pm Reliance Media to form JV with CBS Corp: reportMUMBAI (Reuters) - Reliance Media World, part of India's Anil Dhirubhai Ambani Group, will form an equal joint venture with U.S.-based CBS Corp to launch television channels, the Economic Times reported on Monday.
Source: Reuters: Business News | 30 May 2010 | 8:51 pm Santos favourite in Colombian presidential raceJuan Manuel Santos, a former defence minister and close ally of Álvaro Uribe, fell shy of winning Colombia’s presidency on Sunday night, after a surge in support that puts him in pole position for a June 20 run-off voteSource: Financial Times - US homepage | 30 May 2010 | 8:30 pm Bernard Hickey: Inflation makes savers the biggest Budget losersThere's been a lot of discussion about the inflationary effects of the GST increase since the Budget, but everyone is looking in the wrong direction. They're talking about consumers and interest rates and ignoring savers who are taking...Source: nzherald.co.nz - Business | 30 May 2010 | 8:00 pm Bernanke, Trichet see key emerging economies roleSEOUL (Reuters) - The heads of the Federal Reserve and the European Central Bank on Monday both singled out emerging economies as key to global financial stability.
Source: Reuters: Business News | 30 May 2010 | 7:53 pm Brook Assets loses key staff to Devon FundsDevon Funds Management, the fund manager set up by well known investor Paul Glass has announced it has hired some of Brook Asset Management's top stuff.Glass was one of the founders of Brook Asset Management, along with Simon...Source: nzherald.co.nz - Business | 30 May 2010 | 7:30 pm CBS, Southern Cross join Govt guarantee schemeCanterbury Building Society and Southern Cross Building Society are the latest additions to the Government's extended retail deposit guarantee, taking their investors' protection out to the end of next year.The building societies...Source: nzherald.co.nz - Business | 30 May 2010 | 6:37 pm Stocks: New month, same malaiseInvestors return from a long holiday weekend having bid adieu to the Dow's worst May since 1940. But the issues that caused the collapse haven't gone anywhere.Source: Business and financial news - CNNMoney.com | 30 May 2010 | 6:34 pm Super Fund tips big rural buy upThe New Zealand Superannuation Fund could potentially partner in the buy up of clusters of farms as it moves to invest between NZ$300 million and NZ$500 million through its rural land strategy over the next three to five years.In...Source: nzherald.co.nz - Business | 30 May 2010 | 6:30 pm Fonterra buys into US cheese businessFonterra's DairiConcepts joint venture with Dairy Farmers of America, has bought the United States hard Italian cheese business of Swiss Valley Farms.The business, previously owned by Swiss Valley's wholly-owned affiliate Rochester...Source: nzherald.co.nz - Business | 30 May 2010 | 6:07 pm Giant leaves Teesside, with another in the pipelineOne of the world’s biggest marine pipe-laying machines set sail from the North East yesterday, bound for South Korea before eventually sailing to the Gulf of Mexico and Brazilian waters, where it will lay deep-sea pipes for oil and gas companies including BP, ExxonMobil and Shell. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Nursing the recoveryRecent weeks have seen significant renewed turmoil in global financial markets, on some days to a degree not witnessed since the darkest days of autumn 2008. Markets appear to be unsettled worldwide, including the UK. Yet despite the remarkable developments in British political events and the focus on fiscal matters, its domestic markets appear to be relatively calm. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Pru hopeful of price cut to save AIA dealTidjane Thiam, Prudential’s embattled chief executive, spent the weekend criss-crossing the United States amid rising optimism in the Pru camp that he could win from AIG the concessions necessary to keep his ambitious Asian acquisition plan from failing. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm France’s AAA rating ‘could be a stretch’France has added a new note of caution to the European debt crisis and admitted that it could struggle to keep its top-notch credit rating. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Tell us where the school spending axe will fall, demand buildersConstruction companies face losing £3.5 billion of business because of cuts to the school-building programme and have called on ministers to clarify urgently where the axe will fall. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Green energy levy would add £20 to billsA proposed levy on power suppliers that could add £10-20 to a typical household’s annual electricity bill is being considered by the Treasury, The Times has learnt. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm EasyJet plans to sue over volcano falloutEasyJet is planning to bring a class action lawsuit to win compensation for flight bans imposed by Europe’s air safety authorities in April and May. Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Business big shot: Ron SandlerAge: 57 Source: Latest Business News from Times Online | 30 May 2010 | 6:01 pm Obama aide says spill could last monthsBP prepares its latest attempt to block oil spewing out of the well in the Gulf of Mexico after failed efforts to pump ‘mud’ and junk including tyres and golf ballsSource: Financial Times - US homepage | 30 May 2010 | 4:50 pm Cameron seeks calm after UK minister quitsThe British prime minister sought to reassure the financial markets that the loss of the Treasury minister over the weekend would not destabilise the coalition government’s plans to tackle its £156bn deficitSource: Financial Times - US homepage | 30 May 2010 | 4:22 pm Will worries over Europe curb consumer spending? (AP)AP - Europe has spooked stock investors. Will it spook shoppers, too?Source: Yahoo! News: Stock Markets News | 30 May 2010 | 4:12 pm Bankers’ ‘doomsday scenarios’ under fireBanks are exaggerating the economic effects of the regulations they are likely to face in the coming years, says Stephen Cecchetti, the economist running an international impact studySource: Financial Times - US homepage | 30 May 2010 | 4:02 pm Bidders line up for Shell LPG assets: reportLONDON (Reuters) - Brazil's Ultrapar is set to submit an offer for Royal Dutch Shell's European liquefied petroleum gas (LPG) arm alongside a string of private equity bidders, the Financial Times reported.
Source: Reuters: Business News | 30 May 2010 | 3:41 pm Bank Failures Hit 78Bank failures hit 78 on Friday putting them on a course that could that will take them over 200 in 2010. Sun West Bank, Las Vegas, NV Granite Community Bank, NA, Granite Bay, CA, Bank of Florida – Tampa Bay, Tampa, FL, Bank of Florida – Southwest, and Naples, FL Bank of Florida – Southeast, [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 30 May 2010 | 3:28 pm Miners want more iron ore price risesGlobal miners BHP Billiton, Rio Tinto and Vale will demand further price increases for steelmaking commodities iron ore and coking coal, as strong Chinese demand and supply disruptions keep the market tightSource: Financial Times - US homepage | 30 May 2010 | 3:28 pm Finance writers: On the hook for bad advice?Source: Business and financial news - CNNMoney.com | 30 May 2010 | 2:51 pm UK's Pru seeks 10 percent price cut to save AIA deal: report (Reuters)Reuters - Prudential investors will back the group's bid for AIG's Asian life insurance arm provided it can negotiate a 10 percent cut in the deal's $35.5 billion price tag, the Sunday Times reported.Source: Yahoo! News: Business News | 30 May 2010 | 2:41 pm UK's Pru seeks 10 percent price cut to save AIA deal: reportLONDON (Reuters) - Prudential investors will back the group's bid for AIG's Asian life insurance arm provided it can negotiate a 10 percent cut in the deal's $35.5 billion price tag, the Sunday Times reported.
Source: Reuters: Business News | 30 May 2010 | 2:41 pm Businesses look to score at the World CupThe economic potential from the South African event is huge, report Graham Ruddick and Jamie DunkleySource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 2:25 pm Audi to relaunch A2 city model with ‘apps’German carmaker is to relaunch model as an electric-powered lightweight car featuring downloadable applications to customise a car’s interior, features and driving styleSource: Financial Times - US homepage | 30 May 2010 | 2:21 pm Boeing flies back to top of the perchBoeing took back its place as the world's biggest aerospace and defence company by sales last year, according to a review of the industry by Deloitte.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 2:18 pm Flexible working better than bonusesSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 2:14 pm Prudential and AIG battle to save Asia dealUK and US insurance giants wrangle over $2bn difference in valuation of AIA.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 1:41 pm Beijing in a sweat as China's economy overheatsChina is struggling to contain the threat of an overheating economy in the face of rising house prices, inflationary wage increases and surge in money supply.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 1:40 pm Opinion divided over Danny Alexander's move to TreasuryRichard Lambert, the CBI's director-general, has said that Danny Alexander must show "toughness and judgment" in his shock new role as Chief Secretary to the Treasury.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 1:29 pm A changed Africa still needs our help to growFive years ago, the Commission for Africa argued that supporting the continent's quest for growth and development was not only a moral imperative but also enlightened self-interest. As the finance ministers...Source: RSS feed - channel BNPaperBusiness | 30 May 2010 | 1:26 pm Greece sings for its supper at EurovisionGreece's contrite ditty influences voting at a song competiton influenced by the European financial crisis - but powerbroker Germany's bail-out capability secures top spot.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 1:22 pm Britain needs more than voting reformCalls for change in Britain have taken on an almost apocalyptic character. During the election campaign, the nation was repeatedly offered the chance to turn away from a discredited political system. Now,...Source: RSS feed - channel BNPaperBusiness | 30 May 2010 | 1:21 pm BP's costs could spiral to $3bn if oil leak is not pluggedBP has acknowledged that it is unlikely to stop its leaking oil well until new drilling is completed in August, meaning its near-$1bn of costs could triple during another two months of clean-up efforts.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 1:06 pm Financial crisis has left China stronger, says HSBC headThe chief executive of HSBC in China has said the financial crisis has only made the country stronger, with its exporters becoming leaner and more efficient.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 12:30 pm Buffett, Moody's CEO rate a date on market crisis (Reuters)
Source: Yahoo! News: Business News | 30 May 2010 | 12:06 pm Buffett, Moody's CEO rate a date on market crisisNEW YORK (Reuters) - Legendary investor Warren Buffett appears this week before a commission searching for the causes of the 2008 financial crisis, to provide his assessment on the role a much-maligned credit rating industry played.
Source: Reuters: Business News | 30 May 2010 | 12:06 pm Despite a challenge, I'm sticking to my view that interest rates will stay lowLast week, as the markets quaked and then partly recovered, another bombshell was dropped by the Organisation for Economic Co-operation and Development (OECD), the august Paris-based international organisation.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 30 May 2010 | 12:03 pm AIG and Pru locked in talks on rescue pricePrudential and AIG were locked in talks, trying to thrash out a rescue price for the US insurer’s Asian businesses, which the UK life assurer had agreed to buy for $35.5bn before an investor revolt threatened to derail the dealSource: Financial Times - US homepage | 30 May 2010 | 11:52 am Forget the likes of Messi, Rooney and Ronaldo – the real battle at the World Cup is being fought elsewhereEveryone has a view on who will win the World Cup but Herbert Hainer’s is unusually trenchant: it won’t be Nike. “They announced at the 1998 World Cup that by 2002 they would be the world leader in football”, says the adidas chief executive. “They weren’t. Source: Latest Business News from Times Online | 30 May 2010 | 11:17 am Spill spreads through gulf economiesAs efforts to plug the ruptured well in the Gulf of Mexico continue to fall short, the stakes for the region's economy grow ever higher.Source: Business and financial news - CNNMoney.com | 30 May 2010 | 11:06 am Poll adds to pressure on ZapateroSpain’s embattled socialist government suffers a further blow to its prospects after an opinion poll shows that most Spaniards want early elections, in which the conservative opposition would win a clear majoritySource: Financial Times - US homepage | 30 May 2010 | 7:47 am 15 top MBA employersSource: Business and financial news - CNNMoney.com | 30 May 2010 | 7:30 am Obama bolsters oil teams on coastPresident Barack Obama pledges to triple the manpower in coastal areas hit by the Gulf oil spill as he tours affected areas.Source: BBC News | Business | World Edition | 30 May 2010 | 7:27 am How much health insurers actually spend on youSource: Business and financial news - CNNMoney.com | 30 May 2010 | 7:27 am Prudential 'may abandon AIA deal'UK insurer Prudential may abandon its deal to take over AIG's Asian business AIA if the price isn't lowered, a report says.Source: BBC News | Business | World Edition | 30 May 2010 | 6:28 am Oil Spill Spreads Rapidly After “Top Kill” FailsThe surface size of the Deepwater Horizon spill is expanding rapidly as new came out that the “top kill” attempt by BP plc (NYSE: BP) has failed and the company will try alternatives to stanch the flow of oil. According to NOAA, “After three days of trying to kill the well with drilling fluids and [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 30 May 2010 | 5:27 am Ministers 'listening' on tax riseThe chancellor is "listening" to concerns about a planned rise in capital gains tax, says the work and pensions secretary.Source: BBC News | Business | World Edition | 30 May 2010 | 5:14 am 5 Funds With a Low Turnover Rate (Screens)With market volatility rising, these funds are staying the course.
Source: SmartMoney.com | 30 May 2010 | 3:01 am
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