|
|
Breaking Business News
Top Stories: Dubai World has released a statement to say that it will restructure part of the group, including its property arm Nakheel. Big News Network.com Mon, 30 Nov 2009 17:58:14 -0500U.S. stocks were little changed Monday as investors shrugged off concerns surrounding the Dubai emirate. Big News Network.com Mon, 30 Nov 2009 15:28:37 -0500Lawyers for Merck & Co have told the US Supreme Court that investors shouldn't have waited so long to sue the drug maker over warnings about the risks of its painkiller Vioxx. Big News Network.com Mon, 30 Nov 2009 18:07:16 -0500The International Monetary Fund has welcomed an announcement by the central bank of the UAE which has made available an additional liquidity facility for Dubai. Big News Network.com Mon, 30 Nov 2009 03:22:31 -0500The Malaysian state of Johor has been shaken by the the Dubai debt crisis, from which it hopes to escape unscathed. Big News Network.com Mon, 30 Nov 2009 03:58:51 -0500China has put itself in the position of becoming the world’s biggest gold consumer. Big News Network.com Mon, 30 Nov 2009 04:06:26 -0500Japan has intimated it will add extra stimulus to the economy with at least 30 billion dollars in a package that will include measures to tackle the surging yen and weak share prices. Big News Network.com Mon, 30 Nov 2009 03:48:24 -0500World economic regulators have decided on the names of institutions for cross-border checking. Big News Network.com Mon, 30 Nov 2009 03:35:04 -0500Samsung Electronics, which is the world's number two mobile phone maker, has been put under pressure to lower prices in their high-margin touchscreen phones. Big News Network.com Mon, 30 Nov 2009 04:15:21 -0500Canberra, Nov. 30 : Despite a string of racial attacks on Indian students, Australia's education sector grew by 22.6 percent this year, generating earnings of 9.5 billion dollars from international students against last year's 1.3 billion dollars. ANI Mon, 30 Nov 2009 06:40:07 -0500The BBC has reported that the Borders bookshop chain in the UK has started a closing down sale in all of its 45 stores. Big News Network.com Sun, 29 Nov 2009 18:33:11 -0500China's Ministry of Commerce has begun a year-long anti-dumping investigation into chloroform from the United States, Europe and South Korea. Big News Network.com Mon, 30 Nov 2009 03:42:38 -0500Tony Fernandes, the Indian-origin CEO of low cost Malaysian airliner AirAsia has been named as the Airline CEO of the Year by Jane’s Transport Finance magazine in London. ANI Sun, 29 Nov 2009 18:41:45 -0500Swiss Economics Minister Doris Leuthard has said Switzerland should have imposed temporary limits on European job seekers during the economic crisis. Big News Network.com Sun, 29 Nov 2009 18:27:49 -0500NEW YORK - Loews Corp. said Monday it has named Jacob A. Frenkel to its board of directors. Frenkel is chairman of the Group of Thirty (G-30), a private, nonprofit group focused on international eco... Star Tribune Mon, 30 Nov 2009 17:01:40 -0500SIOUX FALLS, S.D. - The harvest of soybeans, sorghum and sunflowers is wrapping up in South Dakota after another week of mild weather. The U.S. Agriculture Department says in its weekly crop report ... Star Tribune Mon, 30 Nov 2009 17:01:39 -0500NEW YORK (MarketWatch) -- Quarterly results from Guess Inc. were expected to grab investors' attention in Monday's after-hours session. Guess... MarketWatch Mon, 30 Nov 2009 16:55:49 -0500Dubai 's flagship airline, Emirates, has emerged as a potential pawn in the city state's scramble for financial stability.One of the world's fastest growing carriers, the scale of Emirates's ambition ... Guardian Mon, 30 Nov 2009 16:52:22 -0500Greece becoming the next Iceland and plunging into bankruptcy looms over a meeting of EU finance ministers in Brussels today as the Greeks prepare to take another pasting from their colleagues.After y... Guardian Mon, 30 Nov 2009 16:52:21 -0500Pubs group M&B owner of All Bar One chain has accused largest shareholder Joe Lewis of colluding to seize control of the group. Photograph: Guardian... Guardian Mon, 30 Nov 2009 16:52:19 -0500Yukos shareholders could end up laying claim to Russian government assets, including gas from Gazprom. Photograph: Denis Sinyakov/Reuters Yukos shareholders could seize Gazprom's gas, Aeroflot's pla... Guardian Mon, 30 Nov 2009 16:52:18 -0500Mitchells & Butlers, which owns All Bar One, has accused 'a number of shareholders' of trying to seize control of the board. Photograph: Guardian... Guardian Mon, 30 Nov 2009 16:52:15 -0500Dubai World's request for a debt standstill, the consensus view says "get a sense of proportion" is the right response to events in Dubai. The emirate contributes only 0.3% to global gross domestic pr... Guardian Mon, 30 Nov 2009 16:52:13 -0500Dubai government refused to guarantee the huge debts built up by its conglomerate Dubai World, dashing investor hopes that the latest episode in the global... Guardian Mon, 30 Nov 2009 16:52:11 -0500The final word over whether the European Commission has accepted, and is willing to oversee the deployment of, a new "ballot screen" that gives Microsoft Windows users the choice of Internet Explorer ... Beta News Mon, 30 Nov 2009 16:46:13 -0500Plans for the largest Tesco store in Ireland to be built near Banbridge have been rejected for a second time. It has emerged that Environment Minister Edwin Poots has accepted a recommendation by the ... BBC Mon, 30 Nov 2009 16:36:20 -0500The Chancellor of The Exchequer has told the Commons that he wants banks to disclose the pay of employees earning large salaries that are less than £1m. Sky News Mon, 30 Nov 2009 16:36:09 -0500NEW YORK -- U.S. stocks finished higher Monday, giving the major indexes gains for the month, after details about Dubai's debt emerged, offsetting investor uncertainty. The Dow Jones Industrial Avera... Fox Business Mon, 30 Nov 2009 16:29:11 -0500TEVA ) over Abbott's triglyceride drug, Tricor, paving the way for a generic version. The settlement involves the 145 milligram dose of Tricor which makes up the bulk of Tricor sales. The suit allow... Fox Business Mon, 30 Nov 2009 16:29:09 -0500Dubai's government said on Monday it was not responsible for the debts of its flagship conglomerate, offering little clarity on a plan to delay billions in debt repayments that has rattled world ... Financial Post Mon, 30 Nov 2009 16:27:51 -0500Canada's television regulator has launched a website for the public to register their opinions ahead a round of hearings that could determine whether local TV stations can charge cable and satellite .... Financial Post Mon, 30 Nov 2009 16:27:50 -0500OTTAWA/VANCOUVER -- Canada's efforts to speed through legislation to halt a strike by Canadian National Railway's locomotive engineers hit a political roadblock on Monday, damping hopes for a quick en... Financial Post Mon, 30 Nov 2009 16:27:48 -0500Canada's largest homegrown advertising company, Cossette Inc., said on Monday that U.S. private-equity group Mill Road Capital LP has sweetened its all-cash takeover bid for the company. Cossette's b... Financial Post Mon, 30 Nov 2009 16:27:46 -0500The Canadian economy grew at an anualized rate of 0.4% during the third quarter, enough to end the recession, yet far short of the 1% growth that had been expected by economists... Financial Post Mon, 30 Nov 2009 16:27:44 -0500OTTAWA -- Gold could test US$1,300 and commodities will remain strongly bid in 2010 as the U.S. dollar continues to weaken, Scotiabank commodities specialist Patricia Mohr says. Strength in commoditi... Financial Post Mon, 30 Nov 2009 16:27:42 -0500Prime Minister Stephen Harper, travelling to China for the first time this week, will seek to expand trade with the Asian country to reduce dependence on the slumping U.S. economy. Canada is the ... Financial Post Mon, 30 Nov 2009 16:27:40 -0500The Toronto Stock Exchange was up modestly Monday as economic data confirmed the recession in this country ended in the last quarter. As the markets closed, the S&P/TSX composite index was up 25 ... Financial Post Mon, 30 Nov 2009 16:27:33 -0500In the mining industry, takeover battles between small junior companies are usually over as soon as a senior steps in. After all, the seniors have the financial firepower and do not expect to get chal... Financial Post Mon, 30 Nov 2009 16:27:32 -0500MOSCOW -- AtomRedMetZoloto (ARMZ), a mining unit of Russia's state-owned uranium firm Rosatom, said on Monday it would bid for Canadian miner Khan Resources Inc., which has assets in Mongolia. AR... Financial Post Mon, 30 Nov 2009 16:27:26 -0500TORONTO -- In Bay Street lore, in the not so distant past, investment bankers and traders picked up their end-of-year bonuses in the form of a fat check, with the keys to luxury cars on offer to top p... Financial Post Mon, 30 Nov 2009 16:27:24 -0500Luxury retailers lost their traditional resilience during a financial crisis that hit the rich hard but offered attractive leverage to Wall Street's resurgence, the global recovery and increasingly we... Financial Post Mon, 30 Nov 2009 16:27:21 -0500A one-bedroom condo in Waikiki for US$50,000 or less? Yes. You could buy a number of such condos here in the famous vacation destination for that price. With $5,000 down, the principal and interest on... Financial Post Mon, 30 Nov 2009 16:27:20 -0500The registered disability savings plan, first introduced in the March 2007 federal budget, can be used by parents as a key planning tool for the future, writes Family Man columnist Garry Marr. Financial Post Mon, 30 Nov 2009 16:27:13 -0500TULSA, Okla., Nov. 30 -- Global Power Equipment Group Inc. (Pink Sheets: GLPW) ("Global Power") today published its unaudited financial results for the three and nine months ended September ... Earth Times Mon, 30 Nov 2009 16:26:29 -0500Microsoft is getting more aggressive in trying to woo news searchers away from Google, even reportedly offering to pay news outlets to block their content from the search giant. CBS News Mon, 30 Nov 2009 16:25:15 -0500Dangerous Batch of H1N1 Vaccine Found (AP) Big businesses are spending serious time and money trying to limit the swine flu pandemic's impact on operations, from bankrolling video on good hygiene to t... CBS News Mon, 30 Nov 2009 16:25:11 -0500"); jQuery('#sendemailclick').attr('value','Processing...'); jQuery('#sendemailclick').attr('disabled','disabled'); jQuery('#sendemailclick').attr('readonly','readonly'); return true; } // post-... The Triangle Business Journal Mon, 30 Nov 2009 16:24:01 -0500Greece's new government is working to correct a "lack of credibility" in the financial markets, its finance minister has told the BBC World Service.George Papaconstantinou's comments came as... BBC Mon, 30 Nov 2009 15:56:54 -0500WASHINGTON - The Senate opened debate Monday on landmark health care legislation that would extend coverage to millions of uninsured and ban onerous insurance practices, with Democrats vowing to work... Star Tribune Mon, 30 Nov 2009 15:18:18 -0500PHOENIX - Arizona Gov. Jan Brewer says it's not inappropriate that some of her political associates are doing work for the payday loan industry that could result in controversial legislation reaching... Star Tribune Mon, 30 Nov 2009 15:18:16 -0500RPC ), a US-based pharmaceutical company that specializes in In Vitro Diagnostic (IVD) cancer tests and cell-renewing skin care products, today announced that, due to requirements related to the Com... Market Wire Mon, 30 Nov 2009 15:12:52 -0500NEW YORK (MarketWatch) -- U.S. Steel Corp. led gainers among a quartet of steel producers that drew positive comments from Goldman Sachs on Monday, with analysts highlighting the recent underperforman... MarketWatch Mon, 30 Nov 2009 15:12:05 -0500SAN FRANCISCO (MarketWatch) -- Canadian stocks posted mild gains Monday, overriding a smaller-than-forecast rebound in the Canadian economy, as banks and mining stocks pulled the broader index higher.... MarketWatch Mon, 30 Nov 2009 15:12:03 -0500Yesterday was the first day investors were able to trade in many Middle East markets since news broke on Wednesday that Dubai World, one of the region's largest property companies, was unable to pay i... Guardian Mon, 30 Nov 2009 15:08:08 -0500Syncrude Oil Sands, Mine and Refinery, the world's largest oil sand operation producing crude oil at Fort McMurray, Alberta, Canada, October 20, 2001. Photograph: Greg Smith/Corbis When you think of... Guardian Mon, 30 Nov 2009 15:08:06 -0500The inability of state owned Dubai World to meet its interest payments on debt could be 'painful but not fatal' for the world economy. Photograph: Ali Haider/EPA Either the inability of the debt-rid... Guardian Mon, 30 Nov 2009 15:08:05 -0500More shoppers than ever are logging on this Christmas to buy things like the iPod. Photograph: Justin Sullivan/Getty Images Online retailers are expecting bumper... Guardian Mon, 30 Nov 2009 15:08:03 -0500Greece's sovereign debt credit default swaps (CDS) is among the highest in the eurozone. Photograph: PETROS KARADJIAS/AP Concern over the state of the Greek economy grew today as nervous investors l... Guardian Mon, 30 Nov 2009 15:08:02 -0500InfoWorld - Microsoft has added SSL (Secure Sockets Layer) support to the Microsoft AJAX CDN (Content Delivery Network), enabling SSL backing for scripts served off the CDN. The free AJAX CDN service,... Computerworld Mon, 30 Nov 2009 15:04:16 -0500Silicon Valley insider Dan'l Lewin, who was hired by Microsoft in 2001 to promote its online services, says the company is more approachable now. He is shown at Microsoft's Mountain View, Calif., camp... Seattle Post-Intelligencer Mon, 30 Nov 2009 14:57:16 -0500THE ASSOCIATED PRESS WASHINGTON -- The Supreme Court has left in place an $82.6 million award to a woman who was paralyzed after her Ford Explorer rolled over. The justices on Monday rejected Ford... Seattle Post-Intelligencer Mon, 30 Nov 2009 14:57:09 -0500November 30, 2009 London - Britain's Lloyds Banking Group PLC says that it will cut just under 400 jobs as part of its ongoing restructuring program. The bank said in a statement Monday that it wil... Business Report Mon, 30 Nov 2009 14:40:39 -0500SAN FRANCISCO -- IBM Corp. said Monday it bought database security provider Guardium, a privately held company based in Waltham, Mass. IBM will integrate Guardium within its information management so... Fox Business Mon, 30 Nov 2009 14:40:25 -0500NEW YORK -- President Barack Obama has committed an additional 30,000 troops to stabilize Afghanistan, supplemented by some additional allied forces from NATO, The Wall Street Journal reported Monday... Fox Business Mon, 30 Nov 2009 14:40:23 -0500NEW YORK -- Gold futures rose Monday, marking one of the best months in 10 years, as continued weakness in the U.S. dollar boosted gold's appeal as a hedge against a weaker currency. December gold fu... Fox Business Mon, 30 Nov 2009 14:40:19 -0500AIG ) loss reserves are “significantly deficient again," Bernstein Research wrote in a note issued Monday that sent the bailed-out insurer’s stock plunging 12%. According to Dow Jones Newswires... Fox Business Mon, 30 Nov 2009 14:40:17 -0500WASHINGTON -- The Federal Reserve is taking the next step in its effort to design new tools that it plans to use when the time comes to reverse its extraordinary credit-easing policies, the New York ... Fox Business Mon, 30 Nov 2009 14:40:14 -0500DETROIT (Reuters) - Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensiv... Reuters Mon, 30 Nov 2009 14:39:22 -0500WASHINGTON (Reuters) - Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain worker... Reuters Mon, 30 Nov 2009 14:39:21 -0500Anti-Foreclosure Plan may Fall Short (AP) The Obama administration said Monday it will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part ... CBS News Mon, 30 Nov 2009 14:35:32 -0500(AP) EU governments agreed on Monday to allow the United States to access European banking data in anti-terror probes - but only for nine months while they seek a longer-term deal that could allow the... CBS News Mon, 30 Nov 2009 14:35:32 -0500BLOOMBERG Tuesday, Dec 01, 2009, Page 12 Asian stocks could offer returns of 36 percent in dollar terms next year, helped by growth in emerging markets, Goldman Sachs Group Inc said. The MSCI Asia-... Taipei Times Mon, 30 Nov 2009 14:31:53 -0500The weekend following Thanksgiving is probably the most important of the whole US retailing year.The amount of money shelled out at the shops this weekend hit $41.2bn (£25bn) - a rise of 0.5% on... BBC Mon, 30 Nov 2009 14:07:34 -0500NEW YORK - Citigroup Inc. on Monday named Willem Buiter, a London-based economics professor and author, as its new chief economist.Currently a professor at the London School of Economics, Buiter, 60,... Star Tribune Mon, 30 Nov 2009 13:19:59 -0500BOSTON - Six Massachusetts hospitals are suing the state, saying they were shortchanged by the 2006 health care law. The hospitals claim the state violated a law requiring health care providers be a... Star Tribune Mon, 30 Nov 2009 13:19:57 -0500NEW YORK (MarketWatch) -- Historical trends indicate -- no guarantees, of course -- that December will be a positive month for the U.S. stock market, with the information-technology category poised to... MarketWatch Mon, 30 Nov 2009 13:13:54 -0500WASHINGTON - Sen. Maria Cantwell wants to use state gambling laws to regulate parts of Wall Street, saying someone needs to police financial markets where "casino capitalism" involving highly speculat... Hispanic Business Magazine Mon, 30 Nov 2009 13:11:23 -0500People paid off £600m of loans, overdrafts and credit cards last month. Photograph: Chris Young/PA Britons repaid debt for a fourth consecutive month in October and at the fastest pace on record, t... Guardian Mon, 30 Nov 2009 13:10:49 -0500Banks led the market lower on continuing concerns about their exposure to debt-laden Dubai, as the government said it would not be responsible for the liabilities of the Dubai World conglomerate. Guardian Mon, 30 Nov 2009 13:10:24 -0500THE ASSOCIATED PRESS GENEVA -- China rejected Monday the charge that it was keeping the yuan artificially low against the dollar, but rather blamed another "major economy" for keeping its own curre... Seattle Post-Intelligencer Mon, 30 Nov 2009 13:00:43 -0500One more Cyber Monday deal for you, before the insane sales stop. And those looking for super-unique, mostly-unheard-of gifts this year have come to the right place. Welcome to On Sale at FOX Busine... Fox Business Mon, 30 Nov 2009 12:45:14 -0500LONDON -- The U.S. Department of Transportation said that British Airways has agreed to compensate consumers for cancellation penalties and other expenses incurred due to the carrier's erroneous offe... Fox Business Mon, 30 Nov 2009 12:45:12 -0500FRANKFURT -- German truck maker Man SE said Monday that the chief executive of Man Nutzfahrzeuge, Anton Weinmann, has resigned his positions as executive board chairman of Man Nutzfahrzeuge and as me... Fox Business Mon, 30 Nov 2009 12:45:10 -0500WASHINGTON -- The Treasury Department announced Monday that it was kicking off a new effort to help homeowners struggling to meet mortgage payments. The new plan is designed to press banks to turn "t... Fox Business Mon, 30 Nov 2009 12:45:08 -0500NEW YORK (Reuters) - The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters'... Reuters Mon, 30 Nov 2009 12:44:08 -0500NEW YORK (Reuters) - Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company's non-life insurance reserves. Reuters Mon, 30 Nov 2009 12:44:06 -0500The Royal Bank of Canada was among 30 global financial institutions that have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday. Financial Post Mon, 30 Nov 2009 12:43:16 -0500Canada's benchmark index opened higher despite falling gold and oil prices and concerns about Dubai World's possible default pressured stocks. The Toronto Stock Exchange's benchmark index, the S&... Financial Post Mon, 30 Nov 2009 12:43:11 -0500NEW YORK: US stocks were little changed on Monday after the Chicago purchasing managers index, a gauge of regional business activity in the US Midwest, expanded more than expected in November. I... Times of India Mon, 30 Nov 2009 12:40:40 -0500Stocks on the move Real-time Equity news U.S. stock market report 1158 ET 30Nov2009 RTRS-US STOCKS-Wall St drops on holiday spending worry -------------------------------------------------------------... London South East Mon, 30 Nov 2009 12:29:43 -0500Apple Inc. appears to have done well over the Thanksgiving weekend even without steep discounting and despite the release of Windows 7 -- a testament to the resilience of its products, Kaufman Bros. a... Business Week Mon, 30 Nov 2009 12:20:21 -0500Dubai World's debt problems . Meanwhile, the UAE central bank said it stood behind the country's local and foreign banks facing losses from Dubai World's possible default. The market also weighed... Business Week Mon, 30 Nov 2009 12:20:21 -0500ORLANDO, Fla., Nov. 30 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Microsoft Corp. entered into an intellectual property licensing agreement that allows Lockheed Martin to further develop the Micr... Breitbart Mon, 30 Nov 2009 12:20:16 -0500Ryanair is swapping the only type of card that can be used to avoid a charge when booking a flight with the airline.Users of the Mastercard Prepaid card will not be charged the £5 per person adm... BBC Mon, 30 Nov 2009 12:14:23 -0500NEW YORK - After shoppers gave retailers a somewhat encouraging start to the holiday shopping season, stores now turn their attention to the online promotions known as Cyber Monday and bringing back c... Star Tribune Mon, 30 Nov 2009 11:33:05 -0500GENEVA - China rejected Monday the charge that it was keeping the yuan artificially low against the dollar, but rather blamed another "major economy" for keeping its own currency weak. Chi... Star Tribune Mon, 30 Nov 2009 11:33:04 -0500 |
Essential INFOrmation Living In the Costa Brava
Moving to the Costa Brava Life in the Costa Brava |
^ Top of Page ^
|
Breaking Business News 
The Weather:
Relax for a few minutes in our online leisure zone