Business and Finance News
- U.S. stock markets close in positive territory
Netherlands News.Net
U.S. equity markets had a rare up day Wednesday with all indices finishing in the black.
- Fannie Mae fights back but loses executives
Netherlands News.Net
Mortgage finance giant Fannie Mae has made changes to its executive ranks, after investors appeared less certain a government bailout of the company might be imminent.
- Durable goods statistics improve in US
Netherlands News.Net
New orders for long-lasting US manufactured goods rose by a surprise 1.4% in July, led by a big increase in civilian aircraft sales.
- Bangladesh scientists turn waste into oil
Netherlands News.Net
Scientists in Bangladesh have developed ways to produce petroleum from degradable organic municipal waste and are now studying its feasibility before going to commercial production.
- Qatar National buys stake in Dubai bank
Netherlands News.Net
Qatar National Bank has bought 24 per cent of Dubai's Commercial Bank International for US$302 million.
- Japanese cars picked up across the board
Netherlands News.Net
Strong demand has improved global sales for Japanese cars.
- US dollar once again in decline
Netherlands News.Net
The dollar has lost ground against the euro, a day after hitting a six-month high against the single currency.
- Oil prices rise due to hurricane
Netherlands News.Net
Oil prices rose to above $117 a barrel Wednesday on concerns that Tropical Storm Gustav may disrupt operations in the Gulf of Mexico.
- PetroChina profit down dramatically
Netherlands News.Net
PetroChina's first-half net profit has fallen 34.5 percent.
- Microsoft unveils Internet Explorer 8, its response to Firefox
Netherlands News.Net
Microsoft has unveiled a trial version of a new Internet Explorer designed to fight the growing challenge from Firefox.
- China, Iraq reach $3 bln revised deal for CNPC to develop Ahdab oil field
Star Tribune
China and Iraq have signed a $3 billion deal revising an earlier agreement for China's biggest oil company to help develop the Ahdab oil field, according to a statement from the...
- Copper miner Antofagasta reports increased H1 earnings
Mine Web
London-listed Chilean miner Antofagasta posted an 8.8 percent rise in first-half earnings per share on Wednesday as higher copper output and prices outweighed rising costs. The...
- Caterpillar sees soft economy stretching into 2009
Earth Times
... expects weakness in rich-country economies to persist into 2009 but its sales in China remain strong, Jim Owens, chairman and chief executive of the U.S. construction and mining equipment firm, said...
- Tokyo stocks open higher on Wall Street gains
Earth Times
Tokyo - Japanese shares were slightly higher Thursday following gains on Wall Street overnight. The Nikkei 225 Stock Average added 7.04 points, or 0.05 per cent, to 12,760.00. The broader Topix index...
- Starbucks top brass to receive no raise next year
Reuters
U.S. workers at the vice president level and higher will not receive salary increases for fiscal 2009, according to a memo posted on www.starbucksgossip.com and confirmed by a company spokeswoman on...
- Target settles suit over Web access
Star Tribune
Target Corp. will pay $6 million to settle a two-year-old class-action lawsuit alleging that visually impaired people were blocked from using...
- Can TiVo Stop Bleeding Subscribers
Wired News
Lots of people are leaving TiVo. We'll find out roughly how many when the company reports second-quarter results this afternoon. By a couple estimates, TiVo lost anywhere from 100,000 to 142,000...
- Westpac Reaffirms FY08 Guidance Of 6%-8% Cash Earnings Growth
Morning Star
Echoing comments made earlier this month, the bank said it has strong credit and market risk disciplines, and has no new large impaired loans or nasty surprises in its securities portfolios. In a...
- LBI Media, Inc. Reports Second Quarter 2008 Results
CNBC
Phoenix, Arizona which we are very excited about. Our entry into the 8th largest Hispanic market in the U.S. with proven operating, management and programming expertise should establish a positive...
- US, European stocks rise, dollar slips on euro
Arab News
Reuters NEW YORK: US and European stocks rose yesterday on a resilient financial sector and robust US durable goods data that eased some concerns about the sagging US economy, although the dollar and...
- Questions follow Mattel’s win in Bratz suit
MSNBC
However, the panel was not asked to specify which Bratz dolls they found were in violation of Mattel's copyright. If Mattel moves for an injunction, U.S. District Court Judge Stephen Larson would...
- Chemistry exam — hydrogen cars put to test
MSNBC
Tom Albert says driving his Chevy Equinox was like any other car — except for there are only two filling stations in Washington D.C., where he lives.
- Bankruptcies soar for senior citizens
MSNBC
While the bankruptcy filing rate for those under 55 has fallen, it has soared for older Americans, according to a new analysis from the Consumer Bankruptcy Project, which examined a sampling of...
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