 Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... | |
 BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
 Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
 Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
 Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
 Wall Street listless after wholesale inventories diveU.S. stocks inched up Wednesday after an unexpected fall in wholesale... |
 Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
 UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
 Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
 Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
 Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
 Asia free-trade agreements attract AmericansThe United States, in an effort to improve its influence in the Asia-Pacific region, has arranged talks to discuss a proposed Trans-Pacific partnership... |
 Another Toyota runs away from driverA reported runaway Toyota Prius in California has had US safety investigators involved in determining the cause of a terrifying... |
| German Think-tank Says Economy Likely To Shrink In Unusually Cold 1st Quarter BERLIN - A leading German think-tank says it expects the country's economy — Europe's biggest — to contract in the first quarter because of an unusually harsh winter. The IfW group said... |
| Hsbc: Data On 24,000 Swiss Account Holders Stolen By FRANK JORDANSASSOCIATED PRESS WRITER GENEVA -- Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of... |
| Eu Says Us Has Pressed It On Hedge Fund Rules THE ASSOCIATED PRESS BRUSSELS -- The European Union's top finance official says the U.S has pressed him on draft EU rules for hedge funds - and hopes the U.S. will respect Europe's right to decide... |
| Microsoft Warns Of Web Browser Flaws Posted on: Thursday, 11 March 2010, 06:20 CST Microsoft warned this week that hackers are targeting a weakness in earlier versions of its Internet Explorer (IE) Web browser software. The company... |
| Gold Wheaton Reports Earnings For 2009 is pleased to announce the financial results of its first full year of operations for the year ended December 31, 2009 (unless otherwise indicated, all dollar amounts are expressed in United... |
| Movers & Shakers: Thursday's Biggest Gaining And Declining Stocks TEL AVIV (MarketWatch) - Stocks expected to move significantly in Thursday's trading include ArcelorMittal, CA, Delek US, Devon Energy, Gymboree, Hot Topic, Men's Wearhouse and Smithfield Foods. ... |
| Hsbc: Swiss Bank Data Theft Affects 24,000 Accounts * Bank previously said fewer than 10 clients affected * Former IT worker Falciani handled stolen data * HSBC shares dip 1.2 pct on index down 0.5 pct (Adds Swiss investigation) By Steve Slater and... |
| Markets News Thursday: Origin Enterprises Reports Dip In Profit; Bp To Acquire Oil Field In Offshore Brazil; Oil Price Over $82 In New York See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when... |
| Foreclosures Rise At Slowest Pace In 4years March 11 (Bloomberg) -- U.S. foreclosure filings rose at the slowest pace in four years in February as the government sought to reduce record bank seizures, RealtyTrac Inc.... |
| European Stocks Fluctuate; Bhp Billiton Slips, Volkswagen Gains March 11 (Bloomberg) -- European stocks fluctuated as basic-resource producers fell on speculation rising inflation will prompt China to pare back stimulus measures, offsetting gains by auto shares... |
| Pink Floyd Contract Applies To Digital Sales, U.k. Court Rules March 11 (Bloomberg) -- EMI Group Ltd. should only sell the music of Pink Floyd, the band that recorded the best-selling album “The Dark Side of the Moon,” in full album format and... |
| Alrosa To Sign $490 Million Diamond Deals On Putin India Trip March 11 (Bloomberg) -- ZAO Alrosa, the world’s largest diamond company, will sign contracts to supply $490 million of the stones to India in the next three years as it seeks to double sales to... |
| Biggest Rally In 76 Years Not Dead Yet As Seers See Gains Ahead “At turning points, the mood is always in one direction,” says the 66-year-old Birinyi, who characterized the “total conviction” of pessimists as the start of an advance that... |
| Cbi Charges Nims Doctors For Prolonging Raju's Treatment HYDERABAD: CBI, probing the multi-crore financial fraud in Satyam Computers, today alleged doctors were prolonging the treatment of the company's former chairman B Ramalinga Raju only to delay the... |
| Indiana Stakes Claim To Electric Car Industry Richard Canny, CEO of THINK electric cars, shows off the automaker’s Think City electric vehicle at the Washington, D.C., auto show in January. The company plans to make vehicles in... |
| Fed Emerges From Battle Poised To Be Stronger Senate negotiators are considering giving the Fed the authority to supervise nonbank financial institutions that are so large and intertwined that their failure could pose a risk to the entire... |
| Consumerman: The Hazards Of Kids And Credit Credit card companies have a simple marketing strategy: Get your customers while they are young. This explains why banks try so hard to sign up college students, even though most of these kids have... |
| Hmrc Ready To Back Pompey Set-up HM Revenue and Customs (HMRC) will not pursue its dispute over the validity of the administration at Portsmouth football club, the BBC has learned.A scheduled High Court hearing is still expected to... |
| Scottish Power To Cut Gas Bills Scottish Power has announced it is to cut gas prices by an average of 8% from the end of March.The company said its 1.6 million domestic gas customers would save an average of £66 a year on... |
| Profits Halve For Scotsman Owners The owners of the Scotsman and Yorkshire Post has seen full year pre-tax profits fall by 56% to £43m.Edinburgh-based Johnston Press said the recession had had a dramatic effect on advertising... |
| Rail Workers Back Strikes In Union Ballot The threat of Easter train travel disruption is looming after the RMT union said a ballot of Network Rail maintenance workers showed 77% supported strike... |
| London Underground To Cut 800 Workers The cuts will include 100 managers, 450 ticket office posts and up to 200 other jobs. The transport giant said it is aiming to slim down staff without making compulsory redundancies. It said the... |
| Currencies: China Rate Fears Give Dollar Temporary Boost Fears China could move sooner than previously expected to tighten monetary policy gave the U.S. dollar a brief boost in otherwise range-bound trade Thursday, while European traders focused on the... |
| Hon Hai Precision Board Oks Sale Of 430 Million New Shares To Back Gdrs TAIPEI -(Dow Jones)- Hon Hai Precision Industry Co. (2317.TW), the world's biggest contract electronics maker by revenue, said Thursday its board approved the sale of 430 million new shares to back... |
| Update:scottishpower:to Cut Uk Gas Tariffs By Average 8% From Mar 31 (Adds details.) LONDON -(Dow Jones)- Iberdrola SA's (IBE.MC) U.K. unit ScottishPower said Thursday it will cut its retail gas tariffs by an average 8% from March 31. The reductions in gas prices is... |
| Smithfield Foods Swings To A Profit NEW YORK -- Smithfield Foods Inc. said Thursday its third-quarter net income rose to $37.3 million, or 22 cents a share, from a loss of $105.7 million, or 74 cents a share, in the year-ago period.... |
| Unite: Gbp10 Million Stands Between Ba, Union Agreeing Deal LONDON -(Dow Jones)- Unite, the union representing British Airways PLC (BAY.LN) cabin crew, Thursday said GBP10 million stands between the airline and itself striking a deal and averting a strike. A... |
| Update:eu Says On Track To Meet Its 20% Renewable Energy Target (Adds details from EU statement, comment.) BRUSSELS -(Dow Jones)- The European Union is on track to reach its target of 20% of energy consumption coming from renewable sources by 2020 and might even... |
| Kaku Nakhate To Head Bank Of America Merrill Lynch India MUMBAI -(Dow Jones)- Bank of America Merrill Lynch Thursday announced Kaku Nakhate will replace Kevan Watts as country head of India when the incumbent retires later this year. Nakhate, who worked... |
| Swatch Off To A Strong Start In 2010, Eyes Record Result Of DOW JONES NEWSWIRES BIEL, Switzerland -(Dow Jones)- Swatch Group AG (UHRN.VX) is off to a strong start in 2010 with sales in January and February beating the levels reached in the watch maker's... |
| Italy Pm Says Cabinet To Approve Consumer Stimulus Next Week ROME (MF-Dow Jones)--The Italian cabinet is set next week to approve a plan to stimulate consumer spending, Prime Minister Silvio Berlusconi said Thursday. Italian press have previously reported the... |
| 3rd Update: K+s: Salt To Drive Profits, Fertilizers Recovering (Rewrites, adds detail from press conference.) FRANKFURT -(Dow Jones)- Fertilizer and salt supplier K+S AG (SDF.XE) Thursday disappointed investors with an outlook that depends heavily on its strong... |
| Foreclosures Drop For 2nd Month In February: Realtytrac NEW YORK (Reuters) - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained... |
| British Mps Turn Up Oil Sands Heat Climate protestors demonstrate outside BP's headquarters in London last year. British Members of Parliament have joined the campaign to force BP and Shell to provide more information on their... |
| As Oil Rallies, Physical Market Suggests Ample Supply Oil has rallied to within sight of its 2010 high this week, but the physical crude markets in Asia and Europe are telling a more bearish story about oversupply and sluggish... |
| China Overheating Fears Grow, Spurring Tightening Talk BEIJING -- Chinese consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather... |
