Business and Finance News
IMF cautions China to be ready with stimulus package
Southeast Asia News.Net
NEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per ...
Debut of Bristol pound set for May 21
Southeast Asia News.Net
BRISTOL - Hundreds of traders and business establishments have signed up for Bristol's own currency to be launched May 21, with the backing of the Bristol Credit Union, a bank run as a ...
IMF cautions China to be ready with stimulus package
Southeast Asia News.Net
NEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per ...
Greek PM to resume talks on rescue plan
Southeast Asia News.Net
ATHENS - Greek Prime Minister Lucas Papademos has said he would continue intense talks with his coalition partners on austerity measures for a 130 billion-euro EU bailout plan second for ...
China asks airlines not to enter into EU carbon scheme
Southeast Asia News.Net
BEIJING - China's Monday asked its airlines not to pay a charge on carbon emissions imposed by the European Union (EU).
The authorities also asked the airlines not to hike freight or add other ...
Wal-Mart debuts 'Great for You' seal
Richmond Times-Dispatch
Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand ...
Microsoft Unveils Microsoft Dynamics CRM Mobile
Tag-IT News
REDMOND, Wash. - Microsoft Corp. announced in a press release that Microsoft Dynamics CRM will release its next service update in Q2 2012. This service update will deliver the capability for ...
United Drug eyes improved earnings for year
RTE
United Drug says its profits and revenues for the quarter to the end of December are better than last year. It said it expects its adjusted earnings per share for the year to September to be 4-8% ...
US Bankrate Q4 earnings up to USD14m
MENAFN
(MENAFN) Bankrate Inc. said that fourth-quarter earnings grew to USD14 million, compared with a loss of USD4.8 million in the same period a year earlier, reported AP.The New York-based financial ...
Palamin drops despite earnings jump
IPO
Shares of Palabora Mining fall over 7 percent after the South African unit of Rio Tinto posts annual earnings that were at the lower end of its own ...
UK retail market in January was grim
Finfacts Business News
UK retail sales values were down 0.3% on a like-for-like basis from January 2011, when sales had risen 2.3%, picking up after December 2010's snow disruption. On a total basis, sales were up ...
Glencore to Buy Xstrata in $90 Billion Deal
CNBC
Glencore and Xstrata agreed an all-share merger worth $90 billion on Tuesday in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and ...
Greek Leaders Face Crunch Talks, Unions Strike
CNBC
Greek leaders face crunch talks on Tuesday to agree on unpopular reforms to secure a 130-billion-euro ($170 billion) bailout and avert a chaotic debt default which could threaten its future in the ...
Philippine bank to tap offshore bond market
The China Post
MANILA -- Banco de Oro Unibank (BDO) in the Philippines plans to tap the overseas bond market for the first time in two years, seeking to take advantage of compelling interest rates and strong ...
Microsoft looks to the future with Windows 8
The China Post
BERLIN -- This will be the year those anticipating a new Microsoft operating system have been waiting for. Windows 8 is set to arrive some time in 2012, with new functions, a user interface dubbed ...
Wal-Mart debuts 'Great for You' seal
The Seattle Times
NEW YORK — You may like the food you buy, but is it "Great for You"? Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads ...
NZ shares gain as earnings loom
TVNZ
RBA keeps interest rates on hold New Zealand shares rose in the busiest day of trading this year as investors look ahead to the start of earnings season. Fletcher Building paced gainers while ...
Glencore to buy Xstrata in $90 billion deal
Reuters
LONDON - The euro and European stock markets edged higher on Tuesday as traders grew hopeful a resolution could be found to enable a second bailout deal for Greece, although poor results for some ...
UBS warns of poor Q1 after investment bank loss
Reuters
A man passes a UBS logo displayed on a screen in a window of a UBS bank building in Bern February 6, 2012. UBS will present their annual full year results for 2011 on February 7, ...
UBS Gaining Market Share In Currency Trading
Fox Business
UBS AG (UBS) is gaining market share in currency trading, Tom Naratil, chief financial officer at Switzerland's largest bank, said Tuesday."We continue to see that our algorithmic trading ...
Xstrata Shareholders To Receive 2.8 Glencore Shares
Fox Business
LONDON -- Anglo-Swiss miner Xstrata PLC (XTA.LN) said Tuesday that investors will receive 2.8 Glencore International (GLEN.LN) shares for every Xstrata share owned under the terms of the proposed ...
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