 Pilots needed in busy Asian marketAn increase in Asian travel has seen a greater need for... | |
 Lesser demand for British carsThere has been a sharp decline in UK car... |
 Prius becomes top-selling car in JapanToyota Prius has become the top-selling car in Japan for... |
 Key Asian interest rates put on holdThe Australian central bank has left interest rates on hold at... |
 Brazilian investment firm buys Burger KingThe Burger King fast food chain has been bought by Brazilian investment fund, 3G Capital, which is run by Jorge Paulo Lemann, who ranks 48 in Forbes list of... |
 UN wants to protect all oceansThe UN chief has called for the collective global protection of... |
 Troubled Kabul bank could be in for bail outAfghanistan has offered a bailout for the troubled Kabul Bank, where nervous investors in droves have been withdrawing... |
 Market reacts badly to China Strategic announcementThe China Strategic company has sunk to an 11-month low in Hong... |
 Australian bank warns of profit dropThe Macquarie bank in Australia has warned customers that shares will be down due to a company announcement cutting its profit... |
| Green to speak out against anti-earnings tax campaign Some city leaders are now speaking out against Proposition A, which seeks to repeal the city earnings tax. St. Louis Mayor Francis Slay has said that he will not immediately contest campaign... |
| St. Jude invests in heart monitor device St. Jude Medical Inc. said Tuesday that it has invested $60 million in a privately held start-up called CardioMEMS that is developing a wireless device to monitor the heart's performance. Little... |
| Hewlett-Packard Co. files lawsuit against ex-CEO Hurd to prevent him from joining rival Oracle SAN FRANCISCO - Hewlett-Packard is filing a lawsuit against former CEO Mark Hurd to prevent him from joining rival Oracle. The complaint filed Tuesday in a California state court comes a day after... |
| Summary Box: Gov't plan seeks to aid homeowners who owe on mortgages than homes are worth NEW FORECLOSURE PLAN: The Obama administration is trying to revive its attempts to tackle the foreclosure crisis with a new effort to assist homeowners who owe more on their properties than their... |
| Former White House adviser Podesta touts advantages of renewable energy at Las Vegas 'summit' LAS VEGAS - Some supporters wore green hard hats and waved signs Tuesday equating clean energy and green jobs as industry leaders, policy experts, investors and public officials began a national... |
| MEDIA ALERT: Progress Software Corporation Announces Date for Fiscal 2010 Third Quarter Earnings Announcement and Conference Call PRGS ), a leading software provider that enables enterprises to be operationally responsive, will announce its 2010 fiscal third quarter earnings on Wednesday, September... |
| Oracle shares jump as Mark Hurd joins firm SAN FRANCISCO (MarketWatch) -- Shares of Oracle Corp. rallied Tuesday as Wall Street cheered the company's hiring of former Hewlett-Packard Co. chief Mark Hurd as co-president, replacing the... |
| Financial Stocks: Financials dip on fresh fears over Europe's banks BOSTON (MarketWatch) -- U.S. financial stocks on Tuesday were the worst-performing sector in the S&P 500 Index, which was lower by nearly 1% as worries over European banks and sovereign debt... |
| KPMG appointed as administrators for social housing firm Connaught Connaught , the stricken social housing maintenance firm, appointed administrators after failing in a last-ditch attempt to secure further funding from its banks.The company has faced a deepening... |
| George Soros gives $100 million to Human Rights Watch human rights organisation in a move that will enable the group to massively expand its operations around the world.Human Rights Watch (HRW) will increase its staff of 300 by about a third on the back... |
| Mike Geoghegan in running to be next HSBC chairman HSBC chief executive Michael Geoghegan, right, with chairman Stephen Green, who is leaving the bank to become a government minister. Photograph: Mike Clarke/AFP/Getty... |
| Invensys and Tullow takeover talk fails to halt FTSE fall , the technology group, was the biggest riser in the leading index, up 18.6p to 269.2p on talk of possible bid interest from the likes of ABB, General Electric, Siemens or Emerson Electric. Invensys... |
| Top-Prescribing Medicaid Doctor Used Non-MDs, FBI Says Sept. 7 (Bloomberg) -- The doctor who prescribed more drugs to Medicaid patients than any other in New Jersey ran a medical practice that used phony physicians to see patients, according to a Federal... |
| Jefferson County Sewer to Get Receiver, Judge Says Sept. 7 (Bloomberg) -- An Alabama Circuit Court judge said he intends to appoint a receiver to manage Jefferson County’s insolvent sewer... |
| Obama Plans Business Tax Cuts, Spending to Aid Growth Sept. 7 (Bloomberg) -- President Barack Obama is proposing to expand tax cuts for businesses and boost federal spending on the nation’s transportation system to help bolster an economy... |
| Pemex 235,000-Barrel Cadereyta Refinery Has Explosion Sept. 7 (Bloomberg) -- Petroleos Mexicanos, Latin America’s largest oil producer, said its 235,000 barrel-a-day Cadereyta refinery outside the city of Monterrey was hit by an... |
| Vodafone Sells China Mobile Stake for $6.6 Billion Sept. 7 (Bloomberg) -- Vodafone Group Plc, the biggest mobile-phone company by sales, is selling its entire 3.2 percent stake in China Mobile Ltd. for about $6.6 billion, according to terms of the... |
| Coca-Cola Enterprises lifts full-year guidance The bottler Coca-Cola Enterprises boosted its full-year profit forecast on Tuesday and said it anticipates completing the sale of its North American operations to Coca-Cola Co. in the fourth... |
| Newsweek: Young adults shunning stock market Traditionally, we associate the early years with risky behavior—but one consequence of the recession appears to be a shift in the way 18- to 34-year-olds handle money. Affluent millennials and... |
| Critics of Obama plans ask: What jobs, exactly? WASHINGTON — President Barack Obama's new stimulus plan directs government assistance to some of the strongest parts of the economy without solving the biggest problem: finding work for the... |
| Top Microsoft game employee jumps to Amazon (Credit: Microsoft) Feeding speculation that Amazon.com is planning a gaming push, the company has snagged Microsoft's director of game platform strategy. Andre Vrignaud announced his departure... |
| Google TV Revealed: One Screen to Rule Them All Google CEO Eric Schmidt discusses Google TV live and on television at the IFA (Internationalen Funkausstellung) conference in Berlin, Germany. BERLIN – Google gave a live demonstration of... |
| Citi CEO Pandit Chatting with Big Investors C ), will be hosting a lunch today with major investors of the big bank, FOX Business Network has learned. Pandit has taken heat for his low profile as Citi’s stock hovers below $5 a share, but... |
| Mongolia favours Russia as rail route for minerals China worries policy makers. So instead of building a direct route south, it has chosen amore circuitous and expensive option that will connect its minesto Russia and the Pacific via a huge new... |
| Nov. 1 Targeted For Release For Findings On WaMu Pact Court-appointed investigator Joshua Hochberg Tuesday asked a bankruptcy judge to give him until Nov. 1 to wrap up his probe of the proposed settlement of legal disputes arising out of the largest... |
| US SEC probes "quote stuffing" practices-Schapiro By Jonathan Spicer and Herbert Lash NEW YORK (Reuters) - U.S. regulators are probingcertain practices around "quote stuffing," where large numbersof rapid-fire stock orders are placed and canceled... |
| Price Talk On Allergan's $650 Million Bond Is Tresury+80-85BPS -Source Allergan Inc.'s $650 million, 10-year bond is in the area of 80 to 85 basis points over Treasurys, according to a person familiar with the matter. The bond is among a flood of new issues in the... |
| Argentine meatpackers suffer as cattle numbers fall By Maximilian Heath BUENOS AIRES (Reuters) - A sharp reduction in thenumber of cattle roaming Argentina's Pampas plains is hittingthe country's meatpackers, forcing some to cut workers' hoursor close... |
| US STOCKS-Wall St declines on European banking concern (Updates to midday) By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks fell Tuesday,led by declines in financial shares as reports on the Europeanbanking system renewed worries over the... |
| Danish Jeweler Pandora Readies DKK600 Million IPO In Copenhagen Dow Jones )- Charm-jewelery maker Pandora A/S Tuesday said it plans to raise about DKK600 million (EUR81 million) in an initial public offering on the Copenhagen stock exchange, with the cash... |
| METALS-Copper slips on firm dollar, risk aversion (Updates with closing prices) By Michael Taylor and Humeyra Pamuk LONDON, Sept 7 (Reuters) - Copper prices fell on Tuesdaydown from a four-month high reached last week as investors soldoff riskier... |
| Blast rips through Mexico oil refinery By Gabriela Lopez CADEYRETA, Mexico (Reuters) - An explosion rippedthrough a major Mexican refinery operated by state oil companyPemex Tuesday, and rescue workers said at leastfive people were... |
| Pemex Refinery Hit By Explosion In Northern Mexico - Reports Dow Jones )- An explosion Tuesday morning shook a refinery in Mexico, near the U.S. border, local media reported. The Cadereyta refinery, located in the state of Nuevo Leon, is owned by Mexican state... |
| Irish Government Will Extend Bank Liability Guarantee To Year-End Dow Jones )- Irish Minister for Finance Brian Lenihan said Tuesday that the state will guarantee short-term bank liabilities to year-end from its current expiry date of Sept. 29. This includes... |
| Canadian Imperial's $1.5 Billion Bond To Price Later Tuesday -Source CM ) $1.5 billion three-year note has launched, according to a person familiar with the matter. The bond, due to price later Tuesday, launched at 75 basis points over Treasurys. The bond, rated... |
| All change at the top for UK banks Barclays, HSBC By Steve Slater and Kate Holton LONDON, Sept 7 (Reuters) - Change swept through the top ofBritain's banks on Tuesday with Barclays appointing itsinvestment banking supremo Bob Diamond as chief... |
| Final Basel reform goes to oversight body (Recasts with outcome of Basel meeting) By Huw Jones LONDON, Sept 7 (Reuters) - Central bank and regulatoryofficials agreed tougher new global bank capital rules onTuesday but will keep investors on... |
| China to lend Russia $6 bln for coal supplies China agreed last month to lendRussia about $6 billion in exchange for increased coal suppliesover the next quarter century, the Russian energy ministry saidin a statement on its website. Russian... |
| Cuba to expand use of employee-run cooperatives By Marc Frank HAVANA (Reuters) - Cuba will soon turn somesmall-scale manufacturing and retail services into cooperativesas the state retreats from minor businesses in an effort toboost the island's... |
| Europe shares close lower on renewed bank jitters LONDON, Sept 7 (Reuters) - European shares fell on Tuesday,stubbing out a two-week rally, with banks hit by concerns overthe sector's health and the impact of capital reform, whileminers dropped on... |
| Vodafone starts China Mobile stake sale-sources By Denny Thomas and Kate Holton HONG KONG/LONDON, Sept 7 (Reuters) - Vodafone, the world'slargest telecom operator by revenue, launched the sale of its3.2 percent stake... |
