 Treatment of London bank executives under fireThe continuing row over bonuses is damaging Britain's reputation as a place to do business, leading international bankers have warned.
Ministers have been accused of trying to gain public favour... | |
 Housing construction in India to rocket over next few yearsOver 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on... |
 Plug pulled on Iranian oil exportsIran will stop its oil exports to Europe, Oil Minister Rostam Qasemi said Saturday.
The development comes after the European Union endorsed the measures adopted by the foreign ministers of the... |
 Sharon Osbourne faces lawsuit over jewels dealSharon Osbourne has been sued by a design company which has accused the reality TV star of breaching a jewellery deal by pulling out at the last minute.
Lucas Design International executives... |
| Qualcomm not talking about bribery probe Qualcomm this week revealed a federal probe into the company's compliance with the Foreign Corrupt Practices Act but declined to provide further details.In a conference call with analysts on... |
| Premier Wen Says China Has Stake in Helping Europe China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and... |
| Volvo Holds Steady Course as Earnings Rise Feb. 3 (Bloomberg) -- Volvo AB, the world’s second-largest truckmaker, stuck to its estimates for the North American and European heavy-vehicle markets this year as sales growth helped... |
| Euro zone insists no Greek rescue without reforms BRUSSELS (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second... |
| Thomas Cook To Sell Indian Foreign Exchange Business-Report Credit Suisse Group AG (CS) to sell off its Indian foreign exchange business, The Sunday Times reported without citing sources.The sale is part of Thomas Cook's planned divestments of non-core... |
| Pakistani Bidder Emerges For Retailer Peacocks - Report LONDON – Alshair Fiyaz, a Pakistani textile billionaire, is working on a bid for collapsed clothing chain Peacocks, The Sunday Times reported without citing sources.The paper said Fiyaz is... |
| INDABA: Anglo Pacific Carves Out Niche In Mining Sector Via Royalties CAPE TOWN – U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company.It's primary business isn't running a mine or owning a deposit, but securing... |
| Government to oppose rail bonuses Transport Secretary Justine Greening is to vote against bonuses for Network Rail bosses at the company's annual general meeting. The government claimed it would send a "very clear... |
| Microsoft office goes cloud to join cloud war with Google Docs The war on cloud intensified as Microsoft Office announced its decision on Tuesday to go cloud in an attempt to compete with its immediate but not last competitor, Google Docs.Microsoft holds a... |
| Wall Street betting on last-minute debt deal With no political deal in Washington on raising the U.S. debt limit just days before a crucial deadline, investors are increasingly worried about a downgrade of the country's top-notch credit... |
| A Mortgage Tornado Warning That Went Ignored Years before the housing bust -- before all those home loans turned sour and millions of Americans faced foreclosure -- a wealthy businessman in Florida set out to blow the whistle on the mortgage... |
| British Airways, Ryanair, Cancel Flights After Snow Hits London Feb. 5 (Bloomberg) -- International Consolidated Airlines Group SA’s British Airways unit and Ryanair Holdings Plc were among airlines cutting hundreds of flights from London after snow... |
| Italy Crippled by Winter Storm With Snow as Far South as Naples Feb. 4 (Bloomberg) -- A winter storm battered much of Italy, bringing arctic temperatures to the north and snow as far south as Naples, disrupting transport and commerce across the... |
| Micron CEO’s 330-Mph Plane Had High Fatal-Crash Rate, FAA Says Feb. 4 (Bloomberg) -- The Lancair IVP aircraft that Micron Technology Inc. Chief Executive Officer Steve Appleton was piloting when he died yesterday is known for its performance and a... |
| Chrysler Continues to Seek U.S. Energy Loans, Marchionne Says Feb. 5 (Bloomberg) -- Chrysler Group LLC will continue pursuing loans from the U.S. Energy Department while the failure of companies that have borrowed from government programs may prolong the... |
| Dubai Shares Rise to 4-Month High on Earnings, Growth Outlook Feb. 5 (Bloomberg) -- Dubai stocks rose to the highest in more than four months on bets earnings will beat expectations and after the U.S. jobless rate slid to the lowest level in three years,... |
| Most Germans want Greece to quit euro: poll Greece's Finance Minister Evangelos Venizelos makes statements outside his office in Athens February 4, 2012. Greece has agreed with euro zone partners on how to recapitalise Greek banks after a... |
| Deutsche Boerse board member wants CEO out: paper Reto Francioni, CEO of Deutsche Boerse AG (German stock exchange) delivers a speech a news conference at the Frankfurt stock exchange February 1,... |
| Xstrata Investors Seek Premium In Glencore Merger Talks -Report LONDON – Xstrata (XTA.LN) Chief Executive Mick Davis and Chairman Sir John Bond may be at risk of being voted off the company's board if a significant premium isn't offered as part of... |
| Greek PM in crucial bailout talks Greek PM Lucas Papademos is set to meet the party leaders of his coalition to try and win support for a proposed 130bn euros ($171bn; 108bn) EU rescue. Mr Papademos wants their backing for reforms... |
| France says Greek PSI talks going "relatively well" PARIS (Reuters) - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its... |
| Corporate banker in Japan: 'I don't see much innovation coming out of the UK' | Joris Luyendijk "When I travel to New York, I am always struck by the percentage of Caucasians in the banks there. Here in Tokyo it's overwhelmingly Japanese. But in London you have the whole world... |
| Transit Tax Switch to Roads Passed by U.S. House Panel Feb. 3 (Bloomberg) -- A U.S. House committee voted to stop letting gasoline-tax revenue be used for mass-transit projects, over opposition from groups including the U.S. Chamber of Commerce and the... |
| Dubai Shares Rise as Emaar Gains on Result Bets, Global Outlook Feb. 5 (Bloomberg) -- Dubai stocks rose for the fourth time in five days on bets earnings will beat expectations and after the U.S. jobless rate slid to the lowest level in three years, boosting the... |
| Olympus to hold shareholder meeting on April 20 Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo December 6,... |
| Wen says China has stake in helping Europe BEIJING (Reuters) - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's... |
| Central bank liquidity tap to stay open LONDON (Reuters) - After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central... |
| Orica Says Ready To Resume Restart Of Koorangang Island Plant MELBOURNE – Chemicals and explosives maker Orica Ltd. (ORI.AU) said Sunday it is ready to resume the restart of its troubled Koorangang Island ammonia plant north of Sydney after repairing one... |
| Malaysia Sets 2012 Duty-Free CPO Export Quota At 3.6 Million Tons -Sources KUALA LUMPUR – Malaysia, the world's No. 2 palm oil producer has set its duty-free export quota for crude palm oil at 3.6 million metric tons for the year ahead after several weeks of... |
| Egypt Protesters, Police Clash After Deadly Soccer Violence Feb. 3 (Bloomberg) -- Egyptian police used tear gas to disperse protesters in Cairo and two people were reported killed in Suez as unrest persisted following violence at a soccer match this week that... |
| Euro Drops as Greek Debt Stalemate Increases Crisis Concern Feb. 4 (Bloomberg) -- The euro fell against the yen, dropping from a one-month high, as an unresolved Greek debt-swap agreement with private bondholders added to concern the region’s fiscal... |
| U.S. Stocks Rise a Fifth Week on Employment, Manufacturing Data Feb. 4 (Bloomberg) -- U.S. stocks rose, giving the Standard & Poor’s 500 Index a fifth straight weekly advance, after reports showed employment in the world’s largest economy topped... |
| Boeing checks 787s for carbon fiber delamination Boeing is not releasing many details about the problem or inspections. In a statement, Boeing said it "..has found that incorrect shimming was performed on support structure on the aft fuselage... |
| European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains Feb. 4 (Bloomberg) -- European stocks posted the biggest weekly gain this year, sending the Stoxx Europe 600 Index to its highest level in six months, as manufacturing increased globally and the U.S.... |
| FX Weekly Report : US employment data highlights upside Although the Euro closed just -0.5% against the US Dollar this past week, any upside momentum in the pair stalled in the run up to 1.3250 levels. With the Greek debt-swap talks dragging onto next... |
| Boeing Inspects 787 Dreamliner for Possible Repairs Boeing is not releasing many details about the problem or inspections. In a statement, Boeing said it "..has found that incorrect shimming was performed on support structure on the aft fuselage... |
| Romney Wins Nevada Caucuses While Gingrich Pledges to Press On Feb. 5 (Bloomberg) -- Mitt Romney won yesterday’s Nevada caucuses, solidifying his status as the front-runner for the Republican presidential nomination and giving him fresh momentum before a... |
| Trade Gap Probably Widened as Imports Grew: U.S. Economy Preview Feb. 5 (Bloomberg) -- The trade deficit in the U.S. probably widened in December to a six-month high as imports climbed faster than exports, economists said a report this week will... |
| China’s Economy May Face ‘Rough’ Landing, Singapore’s Lee Says Feb. 5 (Bloomberg) -- China’s economy may be headed for a "rough landing," Singapore Prime Minister Lee Hsien Loong... |
| Apple stock sale is rotten Dear John: I had placed an order to sell 50 shares of Apple stock on the day the company was recently reporting quarterly earnings. My order was "good-til-canceled," or GTC, as they say in... |
| Saving by waving your phone TECH CORNER If you’re looking to save your own money or that of your employer when you buy a business lunch, a cup of coffee with a client or even travel purchases, you might consider using... |
| Fed judge throws fit at Baum Finally, someone has forced New York’s foreclosure king to say he’s sorry.The stunning apology was delivered by Steven J. Baum’s attorney, Vincent Doyle, in a Poughkeepsie courtroom... |
| No soft SOPA, they play hardball Now that the tech industry’s nerds have gotten their revenge against Hollywood’s bid to pass anti-piracy legislation, don’t look for a sequel in 2012.Congress scuttled consideration... |
| Big screen on warranty If you are one of the many who purchased big-screen TVs to watch today’s Super Bowl, two things are almost certain: You got a deep discount on the set, and the dealer tried to boost his profit... |
