Top Stories: Dubai World has released a statement to say that it will restructure part of the group, including its property arm Nakheel. Big News Network.com Mon, 30 Nov 2009 17:58:14 -0500The aging population of China is threatening the current pension system. Big News Network.com Tue, 01 Dec 2009 01:52:25 -0500NYSE Euronext, which operates the New York Stock Exchange and European tradin markets has completed its acquisition of trading technology provider NYFIX Inc. Big News Network.com Tue, 01 Dec 2009 02:13:32 -0500India is concerned that the rise of the industrial production index is making the price of food rise uncontrollably. Big News Network.com Tue, 01 Dec 2009 01:35:21 -0500The Nano, built in India by the Tata group is going to have a hybrid makeover. Big News Network.com Tue, 01 Dec 2009 01:26:18 -0500A French court has ordered online auction site eBay to pay 1.7 million euros to a high-end perfume maker. Big News Network.com Tue, 01 Dec 2009 01:41:15 -0500U.S. stocks were little changed Monday as investors shrugged off concerns surrounding the Dubai emirate. Big News Network.com Mon, 30 Nov 2009 15:28:37 -0500Lawyers for Merck & Co have told the US Supreme Court that investors shouldn't have waited so long to sue the drug maker over warnings about the risks of its painkiller Vioxx. Big News Network.com Mon, 30 Nov 2009 18:07:16 -0500The Malaysian state of Johor has been shaken by the the Dubai debt crisis, from which it hopes to escape unscathed. Big News Network.com Mon, 30 Nov 2009 03:58:51 -0500China has put itself in the position of becoming the world’s biggest gold consumer. Big News Network.com Mon, 30 Nov 2009 04:06:26 -0500The International Monetary Fund has welcomed an announcement by the central bank of the UAE which has made available an additional liquidity facility for Dubai. Big News Network.com Mon, 30 Nov 2009 03:22:31 -0500Japan has intimated it will add extra stimulus to the economy with at least 30 billion dollars in a package that will include measures to tackle the surging yen and weak share prices. Big News Network.com Mon, 30 Nov 2009 03:48:24 -0500World economic regulators have decided on the names of institutions for cross-border checking. Big News Network.com Mon, 30 Nov 2009 03:35:04 -0500Samsung Electronics, which is the world's number two mobile phone maker, has been put under pressure to lower prices in their high-margin touchscreen phones. Big News Network.com Mon, 30 Nov 2009 04:15:21 -0500Canberra, Nov. 30 : Despite a string of racial attacks on Indian students, Australia's education sector grew by 22.6 percent this year, generating earnings of 9.5 billion dollars from international students against last year's 1.3 billion dollars. ANI Mon, 30 Nov 2009 06:40:07 -0500China's Ministry of Commerce has begun a year-long anti-dumping investigation into chloroform from the United States, Europe and South Korea. Big News Network.com Mon, 30 Nov 2009 03:42:38 -0500SEOUL, South Korea ? Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery. M... Sign on San Diego Tue, 01 Dec 2009 05:01:40 -0500Ernst & Young is finally in the clear over its role in the controversial 2001 AOL-Time Warner merger after the last of hundreds of lawsuits was dismissed in New York yesterday (30 Nov).District ... AccountancyAge Tue, 01 Dec 2009 05:01:02 -0500BILLINGS, Mont. - Henry Armstrong's family has farmed the same patch of central Montana land for 100 years, hanging on through the Depression, low wheat prices and the ever-present risk that the next... Star Tribune Tue, 01 Dec 2009 04:56:17 -0500Enterprise Asset Management PLANO, TX--(Marketwire - December 1, 2009) - Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the p... Market Wire Tue, 01 Dec 2009 04:52:36 -0500While many investors in the UAE tried to offload shares, there was relief in the wider financial sector that Dubai World had started the process of restructuring $26bn of loans... Guardian Tue, 01 Dec 2009 04:47:41 -0500JD Wetherspoon said today that it would create 10,000 jobs over the next five years with the opening of 250 new pubs.The business, which currently employs 21,000 people and has 743 pubs across the UK,... Guardian Tue, 01 Dec 2009 04:47:38 -0500Nationwide Building Society .The society's house price index showed the cost of a home rose by 0.5% in November, pushing the average price up to £162,764, a level last seen in August 2008. But the th... Guardian Tue, 01 Dec 2009 04:47:36 -0500Wii console continue to slump, despite attempts to stimulate consumer interest with price cuts.American sales figures issued by the Japanese company yesterday suggested that it sold around 550,000 Wii... Guardian Tue, 01 Dec 2009 04:47:34 -0500, to dismiss the listing as "quite absurd and divorced from reality", insisting to a group of visiting American lawyers that Singapore is not "a repressive state" and does not "unfairly target the pre... Guardian Tue, 01 Dec 2009 04:47:33 -0500- whose 45% owned subsidiary De Beers has unveiled plans for a rights issue of up to $1bn to cut its debt - has added 79p to £26.82. Among the metals, gold has hit yet another new record of $1,197 an... Guardian Tue, 01 Dec 2009 04:47:30 -0500TEL AVIV -- Medicines Co., the Parsippany, N.J., drugmaker, was cleared to market in Europe Angiox, generically bivalirudin, as an anticoagulant in patients who have so-called Stemi heart attacks and... Fox Business Tue, 01 Dec 2009 04:26:24 -0500LONDON -- Shares of Italian luxury goods firm Bulgari fell in early trade Tuesday as the group's vice chairman, Nicola Bulgari, sold a 1.33% stake to institutional investors. The company said the sha... Fox Business Tue, 01 Dec 2009 04:26:23 -0500LONDON -- Germany's seasonally-adjusted jobless rate fell to 8.1% in November from 8.2% the previous month, news reports said Tuesday. The seasonally-adjusted number of jobless persons fell 7,000 in ... Fox Business Tue, 01 Dec 2009 04:26:22 -0500LONDON -- In a note examining the financial services arms of automakers, Citi upped Fiat to buy from hold due to the transofmration of prospects at CNH Capital. "For a while in early 2009 funding did... Fox Business Tue, 01 Dec 2009 04:26:21 -0500MADRID -- Belgian financial group KBC Group was initiated at overweight on Tuesday at Morgan Stanley, which believes the company can deliver on its restructuring plan to repay government capital and ... Fox Business Tue, 01 Dec 2009 04:26:20 -0500MADRID -- U.K. food producer Premier Foods was upgraded to neutral from underweight on Tuesday at J.P. Morgan, which said valuations for the company are attractive. But the investment bank said it's ... Fox Business Tue, 01 Dec 2009 04:26:19 -0500LONDON -- French bank BNP Paribas on Tuesday lifted its target for savings from the integration of Belgium's Fortis to around 900 million euros ($1.35 billion) a year from 2012. The group also said t... Fox Business Tue, 01 Dec 2009 04:26:18 -0500LONDON -- Dutch insurer Aegon said Tuesday that it had repaid a third of the 3 billion euros (44.5 billion) in core capital it received from the Dutch government last year. The group said it paid 1.1... Fox Business Tue, 01 Dec 2009 04:26:12 -0500LONDON -- U.K. telecom regulator Ofcom said it is consulting on the way it takes BT Group's pension costs into account when setting regulated wholesale charges for certain telecommunications services... Fox Business Tue, 01 Dec 2009 04:26:10 -0500Retail sales for this past weekend provide the latest bleak evidence that U.S. shoppers are keeping a padlock on their wallets. Oddly enough, though, their reluctance to spend may turn out to be good ... Financial Post Tue, 01 Dec 2009 04:25:08 -0500OTTAWA -- The recession is finally over in Canada, but something strange happened to the Canadian economy on the road to recovery - it became more American. Data released Monday suggest Canada's GDP ... Financial Post Tue, 01 Dec 2009 04:25:06 -0500The revolving editor-in-chief chair at Chatelaine has taken another swivel with news that Maryam Sanati has left the publication, the fourth person to depart the helm of Canada's largest magazine in t... Financial Post Tue, 01 Dec 2009 04:25:03 -0500Twitter has been an incredible tool for connecting with like-minded people from around the world. I am always on the lookout for women entrepreneurs and women in business to follow, connect with and l... Financial Post Tue, 01 Dec 2009 04:25:00 -0500TORONTO -- The head of Freewest Resources Canada Inc. has fired back at rival Noront Resources Ltd., saying that senior miner Cliffs Natural Resources Inc. is the company ready to develop its flagship... Financial Post Tue, 01 Dec 2009 04:24:56 -0500A global regulator is denying a media report that it has drawn up a list of banks and insurance companies that it deems too big to fail. The Financial Times on Monday published a list of 30 instituti... Financial Post Tue, 01 Dec 2009 04:24:55 -0500MONTREAL -- Newfoundland and Labrador has formally requested a new deal with Hydro-Quebec on the controversial 1969 Churchill Falls power contract in what could be the opening salvo of a new court cha... Financial Post Tue, 01 Dec 2009 04:24:53 -0500SEOUL, South Korea - Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery.Most major b... Star Tribune Tue, 01 Dec 2009 03:37:15 -0500Dubai World ("Dubai World") and its subsidiaries (the "Group") would like to update their lenders on recent developments relating to their debt obligations. Following a detailed review of the Group's ... Guardian Tue, 01 Dec 2009 03:27:27 -0500SEOUL, South Korea - Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery. Most major ... Canadian Business Tue, 01 Dec 2009 03:23:28 -0500Asian stock markets rose today following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery.Most major benchmarks were up about ... Breaking News.ie Tue, 01 Dec 2009 03:23:18 -0500Asian stock markets rose today following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery. Asian stock markets rose t... Belfast Telegraph Tue, 01 Dec 2009 03:16:53 -0500SEOUL, South Korea - Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery. Most ma... C News Tue, 01 Dec 2009 03:15:47 -0500The average cost of a home was pushed up to £162,764 - a level last seen in August 2008. There are signs that the recent pace of the recovery may be moderating though, as the 0.5% rise recorded for ... Sky News Tue, 01 Dec 2009 03:12:17 -0500LONDON -- International Power said Tuesday that it will repay $769 million of debt secured on five of its U.S. merchant assets located in Texas and New England. The company said it has decided to tem... Fox Business Tue, 01 Dec 2009 03:05:32 -0500TOKYO -- The Bank of Japan decided to take additional easing steps at a special policy meeting called Tuesday, in order to keep the country's fragile economic recovery in light of deflationary pressu... Fox Business Tue, 01 Dec 2009 03:05:31 -0500PERTH (Reuters) - Oil steadied at above $77 a barrel on Tuesday, after a rebound of 1.6 percent in the previous session, as Dubai debt default fears eased and investors cast about for fresh clues to t... Reuters Tue, 01 Dec 2009 03:04:50 -0500Shares on the main stock indexes in Dubai and Abu Dhabi have tumbled for the second day in a row.Both indexes were down about 6% after recording big losses on Monday. Dubai World has unveiled plans to... BBC Tue, 01 Dec 2009 02:38:03 -0500Australia's central bank has raised interest rates for a third month in a row, as the country's economy continues to recover from the downturn.In a widely expected move, the cost of borrowing increase... BBC Tue, 01 Dec 2009 02:38:02 -0500Rupert Murdoch has launched a new television channel in Italy in a move to challenge Prime Minister Silvio Berlusconi's media group. The free-to-air Cielo channel is the latest salvo fired between New... BBC Tue, 01 Dec 2009 02:38:00 -0500Company chairmen and boards could face an annual shareholder vote to stay in their job under new proposals.The Financial Reporting Council's (FRC) proposals on business governance follow Sir David Wal... BBC Tue, 01 Dec 2009 02:38:00 -0500UK house prices have risen for the seventh consecutive month, helped by better-than-expected news from the job market, the Nationwide has said.The building society said that the average home increased... BBC Tue, 01 Dec 2009 02:37:59 -0500(RTTNews) - European stocks are likely to open higher on Tuesday, as U.S stocks witnessed late-session gains on Monday and worries eased over the Dubai debt crisis. Investors look forward to ISM manu... Quote.com Tue, 01 Dec 2009 02:37:03 -0500WASHINGTON - An auto parts employee laid off from his job last year has been able to hang onto his health insurance because the federal government has picked up most of the tab. That subsidy ends Tue... Star Tribune Tue, 01 Dec 2009 02:18:36 -0500ARROYO GRANDE, Calif. -- First: Kiss the rally good-bye, says Jeremy Grantham, legendary CEO of the $101 billion GMO money-management firm.Why? The market is overvalued 25%. A minimum 15% correction ... Fox Business Tue, 01 Dec 2009 01:48:39 -0500SAN FRANCISCO (Reuters) - When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shoppin... Reuters Tue, 01 Dec 2009 01:47:56 -0500FHA Loan Probe The Federal Government's home mortgage insurer is at risk of running out of money itself. As Hari Sreenivasan reports, a federal agency has been helping the housing market, but this is ... CBS News Tue, 01 Dec 2009 01:45:52 -0500WASHINGTON - Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to hel... Star Tribune Tue, 01 Dec 2009 00:56:41 -0500NEW YORK - General Electric has reached a tentative agreement that clears the way for the sale of NBC Universal, including the flagship NBC network, to Comcast, according to people briefed on negotiat... Star Tribune Tue, 01 Dec 2009 00:56:38 -0500DUBAI, UNITED ARAB EMIRATES - If global investors were looking for reassurances from Dubai that it would stand behind its massive, debt-swamped investment conglomerate, they got none Monday. Instead, ... Star Tribune Tue, 01 Dec 2009 00:56:36 -0500FILE - In this June 25, 2009 file photo, Shayla Ivy cries as she holds a wax replica of Michael Jackson outside of Madame Tussaud's Wax Museum at The Venetian Hotel and Casino in Las Vegas the day Jac... Seattle Post-Intelligencer Tue, 01 Dec 2009 00:38:03 -0500NEW YORK (MarketWatch) -- Remember Harper's Magazine? If so, you might be aware it's the oldest continuously published general-interest magazine in the U.S. market. The monthly has produced some ... Market Watch Tue, 01 Dec 2009 00:26:09 -0500NEW YORK (MarketWatch) -- Remember Harper's Magazine? If so, you might be aware it's the oldest continuously published general-interest magazine in the U.S. market. The monthly has produced some ... Market Watch Tue, 01 Dec 2009 00:25:40 -0500NEW YORK (MarketWatch) -- Remember Harper's Magazine? If so, you might be aware it's the oldest continuously published general-interest magazine in the U.S. market. The monthly has produced some ... Market Watch Tue, 01 Dec 2009 00:25:36 -0500Hundreds of thousands of items are being boxed and shipped to online shoppers during this 'Cyber Monday'. As Hattie Kauffman reports, online shoppers are spending more now than last year. CBS News Tue, 01 Dec 2009 00:21:49 -0500Climbing Credit Rates Bank of America has shifted many of its customers from fixed to variable interest rates, and they're not alone. As Anthony Mason reports, this could make a tougher holiday for bo... CBS News Tue, 01 Dec 2009 00:21:47 -0500Higher costs of capital and the unwinding of excessive leverage burden recovery prospects as Europe emerges from recession. In Standard & Poor's view, the path to recovery will be long and narrow.... Business Week Tue, 01 Dec 2009 00:02:00 -0500Lloyds Banking Group has confirmed it is to close a contact centre in Brighton next spring, resulting in a further wave of job losses. The move will affect 535 employees, 162 of whom will be transfe... Ananova Tue, 01 Dec 2009 00:00:16 -0500Antoinette Williams, who makes herb-laden balms, soaps and lotions from vegetable oils and natural fragrances, is a grateful retailer this holiday season. Her shop, Rituals, is posting month-over-mon... Star Tribune Mon, 30 Nov 2009 23:20:41 -0500SAN FRANCISCO - There's an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet search that it might pay newspapers to withhold content from Google.... Star Tribune Mon, 30 Nov 2009 23:20:39 -0500"Lloyds Banking Group has today announced that its contact centre in Brighton will close in May 2010 as part of the group's integration process," LBG said in a statement, adding it will transfer work ... The China Post Mon, 30 Nov 2009 23:09:20 -0500LOS ANGELES -- The Reserve Bank of Australia raised its policy cash rate by 25 basis points to 3.75% Tuesday, as widely expected, saying that the economy is in "a gradual recovery." The RBA, currentl... Fox Business Mon, 30 Nov 2009 22:50:59 -0500HONG KONG -- South Korea's exports climbed 18.8% year-on-year in November after contracting 8.8% in October, returning to growth for the first time in a year, according to reports of government data ... Fox Business Mon, 30 Nov 2009 22:50:57 -0500Free shipping is an online shopping lure. “Consumers expect free shipping,” said Andrew Lipsman, comScore director of industry analysis. “So it becomes the cost of making an online sale.”... Star Tribune Mon, 30 Nov 2009 21:48:30 -0500The deadline on a bid by Glen Taylor and Vance Opperman to become minority owners of the Star Tribune expired Monday with no clear sign if their offer will proceed. Taylor, owner of the Minnesota Tim... Star Tribune Mon, 30 Nov 2009 21:48:28 -0500Seizure of yacht by Iran pushes oil prices up Oil prices jumped Monday after Britain said a racing yacht was seized by Iran in the Persian Gulf and that five U.K. nationals were being held. Crude qui... Star Tribune Mon, 30 Nov 2009 21:48:27 -0500The owner of a stalled apartment project site near Minneapolis' riverfront has filed for liquidation under the bankruptcy code. River View Holdings LLC, a business entity headed by area developer and... Star Tribune Mon, 30 Nov 2009 21:48:25 -0500WASHINGTON - Federal employees whose regional costs of living entitles them to higher compensation will see no increase in their "locality pay" percentages next year, President Barack Obama... Star Tribune Mon, 30 Nov 2009 21:48:24 -0500SAN FRANCISCO - There's an intriguing idea floating around the media: Microsoft wants to undercut Google so badly in internet search that it might pay newspapers to withhold their content from Google.... New Zealand Herald Mon, 30 Nov 2009 21:32:31 -0500HONG KONG -- A key gauge of manufacturing activity in China remained unchanged in November from the previous month, staying in expansionary territory of a ninth month. The China Federation of Logisti... Fox Business Mon, 30 Nov 2009 21:18:48 -0500GE ) has reached a tentative deal to acquire Vivendi’s 20% stake in NBC Universal for $5.8 billion, sources told The Wall Street Journal in a report published late Monday. News of the reported ag... Fox Business Mon, 30 Nov 2009 21:18:46 -0500TOKYO -- Japanese shares weakened Tuesday morning with automaker stocks pulling back after posting gains a day earlier. The Nikkei 225 Average lost 0.5% to 9,299.00 and the Topix was at 837.19, falli... Fox Business Mon, 30 Nov 2009 21:18:42 -0500NEW YORK (Reuters) - General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company's 20-percent stake in NBC Universal for $5.8 billion, a source famil... Reuters Mon, 30 Nov 2009 21:18:02 -0500The revolving editor-in-chief chair at Chatelaine has taken another swivel with news that Maryam Sanati has left the publication, the fourth person to depart the helm of Canada's largest magazine in t... Financial Post Mon, 30 Nov 2009 21:17:31 -0500MEMPHIS, Tenn. -- Paper and packaging company International Paper Co. said Monday it priced an offering of $750 million in 7.30 percent senior notes due 2039.The funds will be used to pay back debt an... Lexington Herald-Leader Mon, 30 Nov 2009 21:02:54 -0500Dr Danny Jordaan admits World Cup budgets may be revised The chief executive of the 2010 World Cup in South Africa, Dr Danny Jordaan, has a lot on his plate at the moment.On Sunday he was at a ... BBC Mon, 30 Nov 2009 20:49:08 -0500The contest for capsized boat-maker Genmar Holdings Inc. has officially begun. Platinum Equity LLC, a private equity firm in Beverly Hills, Calif., has placed an opening cash bid of $55 million for t... Star Tribune Mon, 30 Nov 2009 20:20:26 -0500BOSTON - A Massachusetts man has pleaded guilty to committing a fraud that netted him more than $20 million from the descendants of a 19th-century industrialist and using the money on personal extrav... Star Tribune Mon, 30 Nov 2009 20:20:23 -0500The recall of Coca Cola Israel products that began last week has been extended to include additional products. The Central Bottling Company is now asking the public not to consume Diet Sprite, Kinley ... Haaretz Mon, 30 Nov 2009 20:11:58 -0500Alistair Darling is pointing the finger at bankers' pay. Photograph: Clive Gee/PA The government is to consider setting "lower and narrower" pay bands for revealing banks' top earners,... Guardian Mon, 30 Nov 2009 20:11:13 -0500ST. JOHN'S, N.L. - Rutter Inc. (TSX:RUT) reported a fourth-quarter profit of $310,000 on Monday, up from a loss a year ago, as revenue grew by 30 per cent. The company said the profit of less than a ... Canadian Business Mon, 30 Nov 2009 20:07:41 -0500EDMONTON — Wireless processor company Eleven Engineering is taking on the three giants of the gaming industry in a patent infringement case.The Edmonton company is suing Nintendo Co., Sony Corp. and... Edmonton Journal Mon, 30 Nov 2009 19:59:06 -0500Micosoft has concurred with critics that IE 6 is outdated . Many people have dropped the older browser, but the remaining users are often the tough cases--those who don't have a choice because of corp... CNet Mon, 30 Nov 2009 19:54:23 -0500HP has announced new BladeSystem Matrix templates that will integrate with Microsoft Exchange Server 2010 Windows Server 2008 R2 Hyper-V to simplify computer environments and increase efficiency.HP ... Infomatics Mon, 30 Nov 2009 19:53:06 -0500LOS ANGELES -- Australia's Indophil Resources NL said Tuesday it has agreed to terms for a takeover by China's largest gold producer Zijin Mining Group Co. for approximately 545 million Australian do... Fox Business Mon, 30 Nov 2009 19:49:16 -0500 |