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... |
| HP sues ex-boss Hurd over Oracle move Hewlett Packard sued its former boss Mark Hurd Tuesday for breach of confidentiality agreements a day after the highly-regarded executive was hired as president of rival Oracle, The Wall Street Journal... |
| Makers of semiconductor equipment see shares sink Tuesday after Barclays analyst downgrade SEATTLE - Shares of several companies that make semiconductor equipment dropped Tuesday after a Barclays Capital analyst lowered ratings and earnings estimates due to weaker global demand for chips.... |
| Pa. capital city tries to avoid layoffs as debt woes deepen amid feud between council, mayor HARRISBURG, Pa. - Pennsylvania's financially troubled capital city is trying to avoid painful budget cuts while city leaders feud over how to deal with a staggering debt that is threatening to drag... |
| Rogers to Host 3Q10 Earnings Analyst Teleconference October 26, 2010 leading diversified communications and media company, plans to release its third quarter 2010 financial results before North American markets open the morning... |
| Stocks to Watch: Stocks in focus: Ciena, Men's Wearhouse, Talbots SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday's session are Ciena Corp., Men's Wearhouse, and Talbots. Ciena... |
| Canadian Markets: Canadian stocks snap winning streak Bulls are finding it hard to hold the upper hand, despite some hope on the labor front and Boeing plans to double employees at a parts factory in northern China. SAN FRANCISCO (MarketWatch) --... |
| An opening for Diamond to become top dog on Wall Street Lloyd is compromised and Jamie is insufferable, so there's an opening for Bob. Among the (very) small number of Wall Street chief executives who steered their firms intact through the financial... |
| Bob Diamond: When investment bankers rule | Editorial Bob Diamond would still have been a rum choice to run Barclays . After all, this is the man who was described by the former business secretary Peter Mandelson as the "unacceptable face of banking"... |
| Steven Slater may escape prison over his emergency slide exit | Richard Adams spectacular decision to quit by sliding down an inflatable emergency slide after an altercation with a passenger, may be able to avoid going to jail for his antics.Appearing in court today on charges... |
| Two years on and all we get from the banks is two fingers | Deborah Hargreaves Stuart Gulliver , to take the helm. It is a far cry from two years ago when investment bankers were reluctant to leave home for fear of being heckled in the street. It was left to the GMB union to... |
| US stocks slide on European debt concern shares followed financial stocks in Europe lower on renewed concerns about bank health.Europe's common currency and bank stocks fell after the Wall Street Journal published an article claiming that... |
| World Trade Center Construction May Be Done by 2014 Sept. 7 (Bloomberg) -- Four office towers, a transit center designed by Santiago Calatrava, a memorial and museum at the downtown Manhattan site of the World Trade Center may be complete by 2014,... |
| Sanofi’s CEO Viehbacher Pitches Genzyme Investors on Takeover Sept. 8 (Bloomberg) -- Sanofi-Aventis SA’s Chief Executive Officer Chris Viehbacher took his case for a takeover directly to Genzyme Corp.’s investors in meetings in New York yesterday,... |
| Diamond becomes CEO at Barclays, Varley to quit banking and has been criticized for his lavish pay, will become chief executive next year, the company announced on Tuesday. Diamond, branded "the unacceptable face of banking" by a former government... |
| NZ dollar falls as Wall St dips The New Zealand dollar fell back under 72 US cents as Wall Street traders returned from their holiday in a downbeat mood amid the reignited fears about the state of Europe's financial sector. The... |
| Reid blames Bush, Wall Street for sick economy By MICHAEL R. BLOODAP POLITICAL WRITER Senate Majority Leader Harry Reid knows who's to blame for the sickly economy. And it's not him. In his latest TV ad Tuesday, the Democratic leader says... |
| Oracle's Ellison takes pay cut, makes $70M NEW YORK — Oracle Corp. founder Larry Ellison, one of the world's richest people, drew a pay package worth about $70 million during the company's most recent fiscal year. That's down 17... |
| Hewlett-Packard Sues to Block Hurd From Oracle Move Sept. 7 (Bloomberg) -- Hewlett-Packard Co. sued former Chief Executive Officer Mark Hurd to block him from working as a president of Oracle... |
| US stocks fall on debt worries Treasury prices rose and gold settled at a new high today as investors sought out safe assets.European stocks fell following news reports that banks there may have more risky government debt on their... |
| Vodafone Sells China Mobile Stake For GBP4.3 Billion China Mobile Ltd. (CHL, 0941.HK) for GBP4.3 billion before tax and transaction costs, the first of many expected minority shareholding divestments. Vodafone also said it will continue its commercial... |
| Venezuela says August oil exports fall 8.7 pct yr/yr CARACAS (Reuters) - Venezuelan oil exports fell 8.7percent in August to an average of 2.34 million barrels per dayas a drop in sales of crude and products offset rising outputfrom the Orinoco belt,... |
| Bristol-Myers Squibb To Buy ZymoGenetics Bristol-Myers Squibb Co. late Tuesday said it will buy ZymoGenetics Inc. for $9.75 a share in cash. The total purchase price is $885 million, or about $735 million net of cash... |
| C12 Plans New Fixed-Income Multistrategy Fund In 4Q -Source Hedge-fund manager C12 Capital Management LP, led by former Barclays PLC bankers Stephen King and Michael Keeley, will launch a fixed-income multistrategy fund called Helix Liquid Opportunities Fund... |
| Hitwise: Google US Internet-Search Share Rises In August GOOG ) share of U.S. Internet searches grew slightly to 71.6% in the four weeks ended Aug. 28 from July's 71.4%, according to data provider Experian Hitwise, as the company easily maintained... |
| Report On WaMu Settlement To Be Filed Nov. 1 A judge Tuesday gave court-appointed investigator Joshua Hochberg until Nov. 1 to wrap up his probe of the proposed settlement of legal disputes arising out of the largest banking collapse in U.S.... |
| Cisco, Westcon to pay $48 mln to settle U.S. case Cisco Systems Incand Westcon Group North America agreed to pay $48 million tosettle allegations they gave incomplete data during contracttalks with the federal government, the U.S. Justice... |
| Phillips-Van Heusen 2Q, Full-Year View Tops Street PVH ) reported a second-quarter loss as a result of acquisition costs related to the company’s merger with Tommy Hilfiger, but revenue soared and adjusted earnings per share beat expectations. The... |
| Blast rips through Mexico oil refinery, kills one (Updates with details on affected unit) By Gabriela Lopez CADEREYTA, Mexico(Reuters) - An explosion rippedthrough a major Mexican refinery Tuesday, killing one workerand pushing gasoline and diesel... |
| PRECIOUS-Gold nears $1,260/oz on risk aversion advance Wall Street Journal reported that recent Europeanbanking sector stress tests underestimated some lenders' holdingsof potentially risky government debt. While gold rose, the euro fell as investors'... |
| TREASURIES-Europe worries, strong US auction boost govt bonds (Updates with closing prices) By Burton Frierson NEW YORK (Reuters) - U.S. Treasuries reboundedTuesday after three straight losing sessions as weaker stocks,worries about Europe's financial sector... |
| Chipmaker Altera raises quarterly sales forecast SAN FRANCISCO (Reuters) - Programmable chipmakerAltera Corp said Tuesday its was increasing itsguidance for quarterly revenue growth to between 10 percent and14 percent sequentially due to expansion... |
| Airline Mexicana Granted Creditor Protection To Restructure Dow Jones )- A Mexican judge has granted airline company Grupo Mexicana protection from creditors while it seeks to carry out what will likely be a drastic overhaul of its business in coming months,... |
| Altera Raises 3Q Revenue Guidance On Broad Growth; Shares Up ALTR ) significantly increased its third-quarter revenue guidance, citing broad growth. Its shares, which had gained 18% this year as of the close Tuesday, increased 2.6% after hours to $27.30. The... |
| Phillips-Van Heusen adjusted profit beats Street SAN FRANCISCO (Reuters) - Apparel makerPhillips-Van Heusen Corp posted an adjusted quarterlyprofit that surpassed analysts' expectations, helped by revenuegains in all three units, including its... |
| Boeing Slims Military Aircraft Business, Layoffs Coming BA ) said Tuesday it plans to consolidate its military aircraft business by eliminating two divisions and laying off more than 10% of the staff in an attempt to better position for the future. The... |
| FACTBOX-Energy disasters in the Americas 2010 (Reuters) - Energy production and distribution is a dangerousbusiness, in spite of strict safety regulations in most countries in North andSouth America for oil and natural gas producers and... |
| CANADA STOCKS-TSX falls on renewed European bank worries (Updates to close, adds details, quotes) By Claire Sibonney TORONTO (Reuters) - Toronto's main stock indexfell Tuesday alongside a global sell-off of risk-proneassets after fears about the health of... |
| TSX down for first time in nine days Canadian stock market participants jumped off the bandwagon Tuesday, with the Toronto Stock Exchange’s main index falling for the first time in nine business days as some headwinds emerged.The... |
| Venture capitalists losing ground to emerging nations Venture capitalists are loosing ground to other emerging nations according to a recent report by Deloitte and Canada's Venture Capital & Private Equity Association. Two-thirds of industry... |