Business and Finance News
- Henry Paulson makes positive speech on economy
Brazil News.Net
US Treasury Secretary Henry Paulson has said he believes the financial crisis is coming to an end but society could take some time to fully emerge from the malaise.
- UK construction industry hit by government squeeze
Brazil News.Net
A squeeze on UK government spending has begun to hit the construction industry.
- Car sales hold up in Europe
Brazil News.Net
New car registrations are up in Europe.
- Calif. wine patriarch Robert Mondavi dies at 94
Herald Sun
Robert Mondavi, the vintner who built his career and helped an iconic Northern California industry blossom by insisting that Napa Valley wines can compete with the best in the world, died in the...
- SingTel moves into faster networks
Brazil News.Net
Singapore Telecommunications, otherwise known as SingTel, has awarded a SIN$220 million contract to Ericsson Telecommunications to expand its 2G and 3G mobile network.
- Indonesian leaders to meet over fuel prices
Brazil News.Net
Indonesia’s House of Representatives Speaker, Agung Laksono, has invited President Susilo Bambang Yudhoyono to a consultative meeting on the government's plan to raise fuel oil prices.
- Indian car maker launches eco-friendly model
Brazil News.Net
Tata Motors of India has launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
- Bacon painting fetches record price
Brazil News.Net
Renowned artist Francis Bacon's masterpiece, 'Triptych', has set a new record in sales by fetching a whopping 43 million pounds at an auction in New York.
- British Airways lifts profits
Brazil News.Net
British Airways has reported a 45% rise in annual profits but warned that economic uncertainty and high fuel costs pose challenges.
- Microsoft tries to buck trend by staying on top
International Herald Tribune
SAN JOSE, California : Mathematicians have long tried, and failed, to solve the Riemann Hypothesis, a stubbornly unyielding math problem. Good luck to whoever tries to figure it out. For the first...
- Anil Ambani group firm forays into Hollywood
Times Of India
Anil Ambani group firm Reliance Big Entertainment on Sunday made its foray into Hollywood, with the announcement of development deals with celebrities including Angelina Jolie, Julia...
- Deutsche CEO says end of credit crisis near
Reuters
The end of the credit crisis is getting closer and the U.S. real estate market should recover in the second half of the year, Deutsche Bank...
- New rail ticket system launched
BBC
Rail passengers pre-booking their trip will now be issued with an "advance ticket" as the first phase of a new ticketing system comes into operation. The ticket replaces discounted offers such as...
- Canadian union accepts Chrysler deal
Times Of India
Canadian Auto Workers union members voted in favor of a three-year labor agreement with Chrysler, the union said on Saturday. The accord, based on a deal ratified with Ford Canada...
- Union rejects American Airlines offer
Herald Sun
Negotiators for union mechanics and bag handlers at American Airlines have rejected a contract proposal from American Airlines that called for lump-sum payments instead of wage increases.
- Era of cheap Chinese goods threatened by new worker power
Times Of India
HONG KONG: Migrant workers, for years the backbone of China's export miracle, are discovering their economic muscle, threatening an end to the flood of cheap goods heading west, the author of a new...
- EU plans farming shake up to lift output
Times Of India
The European Commission will unveil on Tuesday a proposed shake-up of the EU's common agriculture policy to lift output in the face of a food crisis, with Britain and France gearing up...
- Worst may be over for US
Times Of India
A growing number of analysts are expressing confidence that the worst may be over for the US economy, even if it struggles for some time due to weak housing, tight credit and high...
- Georgia lures Arab investors
Times Of India
The port city of Poti has long symbolised Georgia's collapse, but President Mikheil Saakashvili sees potential for a Black Sea Dubai in its crumbling buildings and pot-holed streets -- and ...
- KDB ends talks with Goldman on Daewoo sale
Reuters
... amp;quot;We had been in talks with Goldman, a preferred negotiator, to manage the deal," a KDB spokesman said by telephone. "But Goldman said it could not accept our requests, so the talks...
- Westpac may boost $17.6 billion bid for St. George
Reuters
Speaking to the Australia Broadcasting Corporation, Westpac chairman Ted Evans said "never say never" when asked whether the bid would be raised.
- Austrian Airlines CEO open to majority takeover
Reuters
Research ) was quoted on Saturday as saying he would be open to a majority takeover of Austria's national carrier if that were needed for it to prosper amid soaring fuel costs.
- Three Turkish banks post quarterly earnings
Turkish Daily News
BloombergThree Turkish banks posted their quarterly earnings Friday. While Yapı Kredi, a Turkish bank that is co-owned by Italy's UniCredit SpA, managed to more than double its...
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