 Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... | |
 BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
 Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
 Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
 Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
 Wall Street listless after wholesale inventories diveU.S. stocks inched up Wednesday after an unexpected fall in wholesale... |
 Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
 UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
 Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
 Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
 Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
 Asia free-trade agreements attract AmericansThe United States, in an effort to improve its influence in the Asia-Pacific region, has arranged talks to discuss a proposed Trans-Pacific partnership... |
 Another Toyota runs away from driverA reported runaway Toyota Prius in California has had US safety investigators involved in determining the cause of a terrifying... |
 Nasdaq crash was ten years ago It is ten years since the dotcom bubble... |
 Los Angeles County mooted for new Chinese carsThe Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles... |
| World Airlines Rebound On Asian And Latin American Demand, Halve 2010 Losses Forecast To $2.8b GENEVA - Global airlines are undergoing a surprisingly strong recovery with Asian and Latin American carriers leading the way, the leading industry group said Thursday, halving its loss forecast for... |
| Bp To Buy Exploration Rights In Brazil, Azerbaijan, Gulf Of Mexico From Devon Energy For $7b LONDON - Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights in Brazil, Azerbaijan and the Gulf of Mexico from Devon Energy Corp. BP will buy the rights for 10... |
| World Airlines See Blue Skies Ahead GENEVA -- Global airlines are undergoing a surprisingly strong recovery with Asian and Latin American carriers leading the way, the leading industry group said Thursday, halving its loss forecast for... |
| Morrisons Beats Forecasts With 21% Rise In Profits And Hikes Dividend beat forecasts with a 21% rise in annual profits and hiked its dividend. The supermarket chain put its success down to its focus on fresh food and low prices, which propelled sales and profits to... |
| Bp's Slide After $7bn Deal Helps Drag Ftse Lower has unveiled plans for a $7bn spending spree in the Brazil and the Gulf of Mexico.It has agreed to pay that amount to US producer Devon Energy for assets in the region which will help it meet its... |
| Further Cuts Loom At Johnston Press today reported a 56% fall in pre-tax profits last year to £43m .The publisher of the Scotsman and Yorkshire Evening Post said like-for-like ad revenues fell by 26.5%, while total group revenues... |
| German Housing Completions In 2009 Fell To Lowest Level In At Least 50 Years Deutsche Bank says in 2009, the German housing market sector fell to its lowest level in at least 50 years -- at least with regard to housing completions. Frequently cited concerns about another... |
| China's Consumer Price Index Rose At 2.7% Annual Rate In February; Production Also Rises China's consumer price index rose at 2.7% annual rate in February; Production also rises By Finfacts Team Mar 11, 2010 - 7:57:47 AM ... |
| Asian Stocks Lower Amid Spike In China Inflation (AP Photo/Eugene Hoshiko)Investors look at a stock price monitor at a private securities company Wednesday, March 10, 2010 in Shanghai, China. Chinese shares have ended a three-day rally and fell... |
| Glentel Inc. Reports Q4 Earnings Of $5m Up From $897,000 In Q4 Of 2008 BURNABY, B.C. - Glentel Inc. (TSX:GLN) said Wednesday that it earned $5 million, or 46 cents per share for the three months ended Dec. 31. That compares with a profit of $897,000, or eight cents per... |
| Hsbc Private Bank Suisse Says 15,000 Affected By Data Theft March 11 (Bloomberg) -- HSBC Private Bank (Suisse) SA says it has suffered “serious data theft” affecting about 15,000 Swiss-based accounts. The bank said it doesn’t believe the... |
| European Stocks, U.s. Index Futures Drop; Bhp Billiton Slips March 11 (Bloomberg) -- European stocks declined from a seven-week high, led by basic-resource producers as growing Chinese inflation increased speculation the government will pare back stimulus... |
| Union To Consider Ba Strike Dates Union leaders representing British Airways cabin crew will meet later to decide whether to call strike dates.It comes after talks between BA and the Unite union aimed at averting strike action broke... |
| High-speed Rail Line Plan Awaited Plans for a new high-speed rail network, featuring 250mph trains, will be published by the government later.A White Paper will recommend a route for a new line between London and Birmingham with a... |
| Morrisons Profit Up On New Stores Supermarket group Morrisons has reported a 30% rise in annual profits after it opened more stores.The Bradford-based group said pre-tax profits rose to £858m in the year to 31 January, from... |
| Value Food Range Fuels Morrisons Profit Rise Britain's fourth-biggest grocer, whose new chief executive Dalton Philips starts later this month, made £767m profit last year, before tax. Sales of its own label value range rose 34% in the year,... |
| Earnings Watch: Updates, Advisories And Surprises -1.66% ) said Thursday its fourth-quarter net profit declined 93% to 15.6 million euros ($21.3 million) from 226.4 million euros in the same period a year ago. Revenue rose 11% to 1.06 billion... |
| European Shares Edge Lower In Early Trading LONDON -- European shares edged lower on Thursday, with metal and mining stocks under a bit of pressure following broker downgrades for Kazakhmys , down 1.7%, and ArcelorMittal , down 1.1%.... |
| Delhaize Profit Down 10% As U.s. Prices Drop LONDON -- Belgian food retailer Delhaize Group said Thursday that its fourth-quarter net profit slipped 10% to 134 million euros ($183 million) as revenue dropped 10% to 4.87 billion euros. The... |
| K+s Ag's Fourth-quarter Profit Falls 93% FRANKFURT -- German chemical firm K+S AG said Thursday its fourth-quarter net profit declined 93% to 15.6 million euros ($21.3 million) from 226.4 million euros in the same period a year ago.... |
| Basilea: J&j Seeks Europe Rehearing On Skin Drug TEL AVIV -- Basilea Pharmaceutica AG, the Basel drugmaker, said on Thursday that a Johnson & Johnson subsidiary asked the European Committee For Medicinal Products for Human Use to re-examine its... |
| Skanska Gets Brazil Refinery Construction Deal LONDON -- Skanska said that it has been awarded a contract by Petrobras to construct the first phase of a new refinery for crude oil in Brazil. The total contract value is $623 million, of which... |
| Old Mutual May List One U.s. Unit, Sell Another LONDON -- U.K. insurance and investments group Old Mutual said Thursday it expects to list a minority shareholding in its U.S. asset management business and will explore the sale of its U.S. life... |
| William Morrison Supermarket Net Profit Rises 30% LONDON -- William Morrison Supermarkets said Thursday that its net profit rose to 598 million pounds, from 460 million pounds a year ago. Sales climbed to 15.4 billion pounds, from 14.5 billion... |
| Home Retail Sees Profit Ahead Of Expectations LONDON -- Home Retail Group said Thursday that it expects its fiscal-year pretax profit to reach 290 million pounds, which it said will be slightly ahead of market expectations. In the final 8 weeks... |
| Astrazeneca Agrees Generics Deal With Torrent LONDON -- Drug maker AstraZeneca on Thursday said it's signed a license and supply agreement with Torrent Pharmaceuticals. Torrent will supply AstraZeneca with a portfolio of generic medicines for... |
| Lufthansa Aims To Grow Operating Profit In 2010 FRANKFURT -- Deutsche Lufthansa AG said Thursday it expects a slight recovery of revenues for the current business year. Its newly acquired companies will likely not be profitable in 2010, but the... |
| Bp To Pay Devon $7 Billion For Oil Fields The companies said on Thursday that BP has also agreed to sell Devon a 50 per cent stake in its Kirby oil sands interests in Alberta, Canada, for $500... |
| Eads Sees No Financial Hit From U.s. Tanker Loss "We can't say this would have an immediate financial impact for us. It is roughly 15 planes a year and we produce 500 annually, so this is not something that will disrupt the balance at EADS," Louis... |
| China's Inflation Accelerates In February China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on... |
| Democrats, White House Close In On Health Bill A final agreement nearly in hand, President Barack Obama and Democratic leaders are about to embark on one last sales job that will determine the outcome of the president's signature health care... |
| Safety Agency Under Spotlight In House Hearing Toyota's massive recalls are bringing new scrutiny to the government's auto safety agency, prompting Congress to look at how federal safety officials have lived up to their mission of protecting... |
| Greece Paralyzed By Strike Over Austerity Plan Members of Greece's main GSEE trade union hold a mock funeral with a coffin standing for the Greek economy surrounded by wreaths from Greece's international partners in central Athens on Wednesday,... |
| Kali+salz' Q4 Net Income Falls 93 Pct To $22m German salt and fertilizer company Kali+Salz AG said Thursday that its fourth-quarter net income plunged 93 percent to euro16 million ($22 million) as the downturn significantly affected demand in... |
