U.S. stocks rise modestly after leaders in Greece ratify reformsU.S. stocks were only modestly higher Thursday despite leaders in Greece ratifying reforms that will pave the way for a deal between the debt-laden country, the European Union and the International... | |
| Reversing trend, China's inflation rises to 4.5 per cent BEIJING China's inflation rose to 4.5 per cent in January with soaring food prices contributing significantly to the reversal of a five month trend of easing prices.
Inflation in December was... |
LNG to be a key focus of BG groupLONDON - Oil and gas major BG Group plans to capitalise on strong global demand for liquefied natural gas to boost investments and growth prospects, the company said Thursday announcing $8.209... |
Bailout: Greece's ruling coalition couldn't agree on cutsATHENS - Greek Prime Minister Lucas Papademos has failed to garner support from his coalition partners for new austerity measures, necessary for a crucial 130 billion euros European Union bailout... |
Huge rise in News Corp net profitNEW YORK - Profits of Rupert Murdoch's News Corporation have risen sharply by 65 per cent in the quarter ending December, despite an ongoing investigations into the closure of the 'News of the World'... |
| Lehman Brothers sues Citigroup for $2.5B NEW YORK (AP) -- Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi... |
| More Delta jobs could fly from Twin Cities to Atlanta Delta Air Lines is considering moving as many as 150 jobs from the Minneapolis-St. Paul International Airport to Atlanta as part of a plan to consolidate its warehouse operations. In a Jan. 24 memo... |
| Graves gave Target an edge Michael Graves put the cachet in Chez Tarzhay. The architect's 13-year partnership with Target Corp. ends this year, but his impact will continue to reverberate at the Minneapolis-based... |
| UnitedHealth to tie doctor payments to quality UnitedHealth Group Inc., the Minnetonka-based health insurer, will pay doctors based on the quality of their care in a cost-cutting effort that also benefits the company's consulting business. ... |
| EPA challenge stalls copper-nickel mine near Hoyt Lakes A long-awaited mining project that promises economic renewal for Minnesota's Iron Range has been delayed repeatedly in the past year because federal regulators are insisting the company conduct... |
| CEO pay watch: Fastenal Co. Fastenal pays bonuses quarterly and Oberton's bonus is based on pretax net earnings. The company surpassed the incentive targets in each quarter last year. The company reported pretax earnings... |
| Viewpoints: What's good/not so good about mortgage deal? This settlement is a case of too little, too late. But the silver lining might be the lifting of the uncertainty that's been hanging over mortgage lenders. A lot of lending activity has been... |
| Talks held to save Alcoa's Geelong smelter Talks have been held between Alcoa management and the Victorian government to try to save the company's Geelong smelter but neither state nor federal government funds have been... |
| Giants’ Cruz salsas his way into book deal appears to be the first who will write about it.The salsa-dancing standout player, who is repped by IMG for non-play-related activities, is said to be closing in on a book... |
| Help for wronged borrowers Some advice for homeowners hurt by the housing bust: be patient. While New Yorkers stand to get $790 million under the $26 billion settlement, the deal is complex and it’s unclear exactly how... |
| Gannett offers buyouts to 665 Gannett, the nation’s largest newspaper chain and owner of USA Today, said yesterday it was going to offer voluntary buyouts to 665 employees at its 81 small and mid-sized newspapers... |
| Zynga plays with Hasbro Social game network developer Zynga is teaming with Hasbro to develop a wide range of toy and gaming experiences based on Zynga’s most popular Facebook games and characters, All Things Digital... |
| Facebook value tops $100B A pre-IPO rally in Facebook shares has pushed the value of the social-networking giant past $100 billion.Some 150,000 Facebook shares sold for $44 apiece in the latest auction on SharesPost, a... |
| Mets owners to Supremes: Yes, we’re losers Fred Wilpon, the owner of the cash-strapped Mets, is hoping the Supreme Court will turn him from a winner into a loser. Wilpon’s Sterling Equities, which owns the Mets, filed a petition with... |
| New Yorkers to get $790M from $ettlement Hard-charging New York Attorney General Eric Schneiderman scored roughly $790 million in payments for hobbled homeowners in the Empire State. About 6,400 homeowners in the state may be eligible for... |
| Commodities Corner: Glencore, Xstrata may start mining M&A fad anew SAN FRANCISCO (MarketWatch) -- The merger announcement from Glencore International PLC and Xstrata PLC this week turned heads because the combination of a commodities trading powerhouse and a major... |
| Sainsbury's changes food freezing advice in bid to cut food waste waste .Brand new labelling on food products being rolled out in all Sainsbury's stores from Friday will instead advise customers to freeze food as soon as possible up to the product's... |
| "Flash Occupation" staged in L.A. to demand Wall Street pay fair share "Flash Occupation" was staged here at several Wall Street bank branches Thursday in an attempt to escalate pressure on them to pay a fair share and stop foreclosures. More than 200 people... |
| Friday Newspaper Review - - Irish Business News - - February 10, 2012 See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when... |
| FTSE, DAX, CAC Seen Lower, Greek Deal Delayed European markets were called down Friday morning, despite the Greek government finally agreeing a deal for its second bailout, after euro zone finance ministers withheld approval for the... |
| FBI Investigated Steve Jobs Drug Use CNBC's Hampton Pearson has the story on the late Steve Jobs discussion with the FBI after being considered in 1991 for a H.W. Bush political... |
| China January Trade Surplus Soars as Imports Crumble China's trade shrank in January from a year earlier, with a factory shutdowns for Lunar New Year holidays exacerbating a slowdown in external demand that has set Beijing on a pro-growth policy... |
| Alibaba Plans to Buy Back Yahoo Stake, Go Private ] owns in Alibaba Group, the sources said. Alibaba.com shares were halted from trading on Thursday pending an announcement regarding its parent. Yahoo's stake in Alibaba Group has an estimated... |
| Tesla Unveils All Electric SUV Called Model X ] has taken the wraps off of its first SUV, The Model X. Unveiling it Thursday night at the company's design studio in southern California, Tesla CEO Elon Musk says the Model X will... |
| Home Builder Optimism Up, Industry Expert Says "The signs of optimism that we've been seeing in the economy are really being reflected in the attendance at the trade show," he said on "Fast Money." Howard said attendance... |
| A Wealthy Backer Likes the Odds on Santorum and Foster Friess, a wealthy donor to conservative causes, were walking out of an event together a few months ago when Mr. Friess broke the news: After backing Mr. Romney for president four years... |
| Mortgage Settlement Could Buoy BofA Most: Traders ] and Ally Financial will reduce loans for nearly 1 million households that owe more than their homes are worth. Although the terms of the settlement are somewhat complex, RBC analyst Gerard Cassidy... |
| New York Fashion Week Hits the Runway as Colors Pop In an industry known for extravagance, simpler designs with a ladylike twist will blanket the Lincoln Center runway at Fashion Week for the Fall 2012 season, industry experts... |
| Largan earnings per share for last year hit NT$38.75 The income was on sales of NT$15.98 billion, up 29 percent from 2010. It was the second year in a row Largan had consolidated revenue of over NT$10 billion. As for this year, analysts said sales... |
| Asia-U.S. Container Lines Seek $500 Annual Rate Increase Feb. 9 (Bloomberg) -- Container shipping lines will seek to raise rates by at least $500 per 40-foot box for Asia-U.S. West Coast cargos in upcoming annual contracts after price wars and higher fuel... |
| P&G Said to Seek Termination of Pringles Sale to Diamond Foods Feb. 10 (Bloomberg) -- Procter & Gamble Co. has decided it will seek to terminate its sale of the Pringles snack business to Diamond Foods Inc., said three people with knowledge of the situation,... |
| Hong Kong to Face Skilled Labor Shortage as Population Ages Feb. 10 (Bloomberg) -- Hong Kong will face a shortfall of 22,000 workers with higher education by 2018 as the city’s population ages, the government said in its first forecast for a shortfall... |
| Venizelos Says Greece Faces Choice of Staying in Euro Or Not Feb. 10 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said his country must decide if it will remain in the euro or not, and the decision must be made before a meeting of euro-area... |
| Rio Tinto Loses Bid to Challenge Australian Labor Ruling Feb. 10 (Bloomberg) -- Rio Tinto Group lost a bid to keep using non-unionized workers in Western Australia’s Pilbara region, a decision a lawyer for the world’s third-biggest mining... |
| Asian Stocks, Won Fall on Greece Aid Concern; Aussie, Wheat Drop Feb. 10 (Bloomberg) -- Asian stocks fell the most in eight weeks and South Korea’s won weakened as earnings in the region disappointed investors and European leaders held back a rescue package... |
| Swan rules out blank cheque for Alcoa Geelong 3220 Treasurer Wayne Swan says the Government will not be issuing any blank cheques to prop up Australia's aluminium industry.Victorian Premier Ted Baillieu held talks with Alcoa... |
| Kodak To Bring Down Shutters On Cameras The iconic photography brand Kodak has announced it will stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs. Eastman Kodak,... |
| Caterpillar severance talks 'stressful:' Lewenza Talks aimed at reaching a closure agreement for 470 locked out Electro-Motive workers have been stressful, CAW president Ken Lewenza said Thursday. ';At this particular time, we’re not... |
| Barclays To Reveal Profits And Bonuses The bank, which employs around 56,000 staff in the UK, is expected to report pre-tax profits of 6.1billion for 2011, flat on the previous year. The results come after weeks of conflict over... |
| Greeks To Protest Over Tough Bailout Terms Greek leaders reached a last-minute deal including three-billion euros worth of cuts - but Brussels says it is not enough. The country now has less than a week to meet three conditions in return... |
| A Kodak moment to forget (Credit: Kodak) "There is no reason for any individual to have a computer in his home," Olsen told a meeting of the World Future Society in Boston in 1977. Though Olsen would later... |