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Breaking Business News
Top Stories: The BBC has reported that the Borders bookshop chain in the UK has started a closing down sale in all of its 45 stores. Big News Network.com Sun, 29 Nov 2009 18:33:11 -0500Tony Fernandes, the Indian-origin CEO of low cost Malaysian airliner AirAsia has been named as the Airline CEO of the Year by Jane’s Transport Finance magazine in London. ANI Sun, 29 Nov 2009 18:41:45 -0500Swiss Economics Minister Doris Leuthard has said Switzerland should have imposed temporary limits on European job seekers during the economic crisis. Big News Network.com Sun, 29 Nov 2009 18:27:49 -0500Senior European Union officials have assured markets that the euro zone will not have the same sort of debt problems that are plaguing Dubai. Big News Network.com Sun, 29 Nov 2009 07:31:56 -0500Hyundai Motor Co of South Korea has said it will pull out of the Japanese passenger vehicle market because of slow sales. Big News Network.com Sun, 29 Nov 2009 09:42:55 -0500House prices in England and Wales continued rising in October, climbing by 0.6% according to the latest survey from the Land Registry. Big News Network.com Sun, 29 Nov 2009 07:27:21 -0500Customer traffic in US stores on Black Friday, following Thanksgiving, rose a bare 0.5 percent on the traditional start to the holiday shopping season. Big News Network.com Sun, 29 Nov 2009 07:25:05 -0500In the UK, Chancellor Alistair Darling is about to release his pre-Budget report. Big News Network.com Sun, 29 Nov 2009 07:15:07 -0500French carmaker Renault has signed a deal to save struggling Russian partner Avtovaz, the maker of Lada cars. Big News Network.com Sun, 29 Nov 2009 07:05:11 -0500Japan's Nissan Motor Co. is working on a lithium-ion battery that can power an electric vehicle for 300 kilometres on a single charge, the business daily Nikkei said Sunday. Big News Network.com Sun, 29 Nov 2009 07:02:42 -0500Airbus has said its long-delayed A400M military transport aircraft should be ready to make its first test flight around the 7th December. Big News Network.com Sat, 28 Nov 2009 19:18:17 -0500Lloyds Banking Group in the UK is to ask the courts to dismiss multiple cases lodged against it for the return of overdraft fees. Big News Network.com Sat, 28 Nov 2009 19:25:30 -0500There has been a sales rise 23% for Jaguar Land Rover vehicles in the second quarter. Big News Network.com Sat, 28 Nov 2009 19:13:41 -0500LONDON - People infected with the virus that causes AIDS should start treatment earlier than currently recommended, the World Health Organization said Monday. The U.N. agency issued new guidance adv... Star Tribune Sun, 29 Nov 2009 20:10:03 -0500NEW YORK - The world economy will start growing again in 2010 but emerging markets will accelerate at a much faster rate than the U.S and Europe, due in part to continued frugality among Western cons... Star Tribune Sun, 29 Nov 2009 20:10:02 -0500Solar panels on the roof of a house. FoE says renewable energy could provide 6% of Britain's needs by 2020. Photograph: John Curtis/Rex Features Small-scale... Guardian Sun, 29 Nov 2009 20:00:23 -0500A Zavvi branch in London. The chain's collapse left some UK high streets without a music retailer. Photograph: Leon Neal/AFP/Getty Images It may have been a terrible year for record shops, with... Guardian Sun, 29 Nov 2009 20:00:21 -0500Neelie Kroes , the Dutch competition commissioner who is moving to digital communications. She proved one of the outstanding successes of the old commission, fearlessly taking on big powers such as Br... Guardian Sun, 29 Nov 2009 20:00:18 -0500A nation divided by the weather , 28 November) confines the real issue to his short final paragraph. However, in doing so he reflects the neglect which has characterised political attention to what ha... Guardian Sun, 29 Nov 2009 20:00:15 -0500McDonald's is to change some of its red and yellow livery to green and yellow in Germany. The colour was chosen because it invokes respect for the environment, Holger Beeck, vice president of McDonald... Guardian Sun, 29 Nov 2009 20:00:13 -0500I'm a PC and Windows 7 was my idea" ads, backed by an estimated £10m spend, claim the new operating system has been created thanks to its customers.The campaign takes up where the "I'm a PC" ads, aim... Guardian Sun, 29 Nov 2009 20:00:12 -0500Vince Cable wants a national investment bank for infrastructure, financed with a blend of public and private money.Both ideas are heartily welcome. Britain needs urgent remedial action to harness a wa... Guardian Sun, 29 Nov 2009 20:00:10 -0500Angela Phillips , a senior lecturer, ELL is an independent, news-led website, complete with listings, features, video, audio and tweets for everyone using the new railway line. This not-for-profit com... Guardian Sun, 29 Nov 2009 20:00:08 -0500City of Industry, CA --(www.FinancialNewsUSA.com)-- 11/29/2009 - Earnings industry news provided by Financial News USA. AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF - News), a registered... Financial News USA Sun, 29 Nov 2009 19:59:41 -0500LOS ANGELES -- Japanese industrial output rose 0.5% during October, official statistics showed Monday, with the result far less than a 2.5% forecast rise reported by Dow Jones Newswires. Compared to ... Fox Business Sun, 29 Nov 2009 19:39:22 -0500LOS ANGELES -- Australian stocks gained out of the open Monday, shrugging off sharp drops last week over concerns of a potential debt default by Dubai World. The S&P/ASX 200 was 1.5% higher in early ... Fox Business Sun, 29 Nov 2009 19:39:18 -0500SAN FRANCISCO (Reuters) - Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to ... Reuters Sun, 29 Nov 2009 19:38:26 -0500The White House said there would be approximately 130 attendees at the jobs forum ranging from small business owners to academics. Below is a list of confirmed attendees:... Reuters Sun, 29 Nov 2009 19:38:25 -0500NEW YORK (Reuters) - Like many U.S. employers, Tish and Snooky Bellomo are asking their workers to take on additional duties, rather than hiring new employees, at their New York cosmetic and hair acce... Reuters Sun, 29 Nov 2009 19:38:24 -0500BEIJING (Reuters) - China's Ministry of Commerce has begun a year-long anti-dumping investigation into chloroform from the United States, Europe and South Korea, it said this weekend. Reuters Sun, 29 Nov 2009 19:38:23 -0500The union representing 1,700 striking engineers at Canada's largest railway says it is willing to let binding arbitration settle a dispute over wages - once the two sides settle the other outstanding ... Financial Post Sun, 29 Nov 2009 19:37:30 -0500Foreclosures Hit Homeowners in Good Credit (CBS) New York City bus driver Steven Mitchell is two months behind on mortgage payments for a home loan guaranteed by Uncle Sam and part of a growing first-... CBS News Sun, 29 Nov 2009 19:36:03 -0500"I warn the country's private bankers: I'll take away any bank from anyone who slips up," Chavez said during his weekly television and radio program. "Do you want me to nationalize the banks?" Chavez ... CBS News Sun, 29 Nov 2009 19:36:00 -0500But even before the wall was erected, the people of Eastern Europe, who were, in effect, prisoners in their own countries, did not accept their fate without a fight. On several occasions the people at... Star Tribune Sun, 29 Nov 2009 18:36:42 -0500The Twin Cities office of Colliers Turley Martin Tucker recently announced several office, industrial and retail lease deals it secured in the last month. In Eagan, SGI International leased 42,053 sq... Star Tribune Sun, 29 Nov 2009 18:36:41 -0500Three Minnesota companies will be recognized for their "generous contributions" to Minnesota communities at the Minnesota Keystone Program recognition luncheon Wednesday at the Hyatt Regency... Star Tribune Sun, 29 Nov 2009 18:36:40 -0500Companies can grow despite the recession and even get financial incentives for doing so if they know where to look. Just ask Dana Olson, founder and CEO of Bloomington-based Ecodev (as in economic de... Star Tribune Sun, 29 Nov 2009 18:36:39 -0500The inner game With these kinds of relationships and interpersonal dynamics at play, you may be feeling a mix of emotions. In addition to being disappointed in the employee, you may have conflicting ... Star Tribune Sun, 29 Nov 2009 18:36:37 -0500"These two buildings, I think, will help redefine Uptown as a shopping destination, and are bringing in a whole new level of retail design," Herman said. "They're in keeping with the hi... Star Tribune Sun, 29 Nov 2009 18:36:36 -0500One day in ancient Greece, an acquaintance met the great philosopher Socrates and said, "Socrates, do you know what I just heard about your friend?" "Hold on a minute," Socrates r... Star Tribune Sun, 29 Nov 2009 18:36:34 -0500In these uncertain economic times, I am wary when I hear someone proclaiming, "We have finally bottomed out." After all, who knows how long we may stay on the bottom? So that's why I urge c... Star Tribune Sun, 29 Nov 2009 18:36:32 -0500Luxury retailers lost their traditional resilience during a financial crisis that hit the rich hard but offered attractive leverage to Wall Street's resurgence, the global recovery and increasingly we... Financial Post Sun, 29 Nov 2009 18:05:02 -0500OTTAWA -- On Monday, we learn whether Canada did, in fact, emerge from the recession in the third quarter. It's expected that Canada's economy did, indeed, go from shrinking to growing during the sum... Financial Post Sun, 29 Nov 2009 18:05:00 -0500Former National Hockey League player Jim Kyte knows a little something about living with a disability: He was the first deaf NHL hockey player. During his pro career from 1983-1997, which include... Financial Post Sun, 29 Nov 2009 18:04:59 -0500A one-bedroom condo in Waikiki for US$50,000 or less? Yes. You could buy a number of such condos here in the famous vacation destination for that price. With $5,000 down, the principal and interest on... Financial Post Sun, 29 Nov 2009 18:04:58 -0500With barely a month to go before the end of the year, it is time to get your house in order. Herewith, your top 10 end-of-year tax tips: 1. Tax-loss selling This is the practice of selling i... Financial Post Sun, 29 Nov 2009 18:04:50 -0500With interest rates so low and threatening to rise, more investment professionals are publicly warning the 30-year bull market for bonds may be over. The latest is Lisa Myers, co-manager of Templ... Financial Post Sun, 29 Nov 2009 18:04:49 -0500MONTREAL -- Locmotive engineers at Canada's largest railway walked off the job Saturday, starting a strike that one shipping industry group says could have major repercussions on the national economy ... Financial Post Sun, 29 Nov 2009 18:04:47 -0500OTTAWA -- The federal government must act to ensure proposed U.S. climate-change policy does not lead to "adverse affects," such as carbon tariffs, on Canadian industry, a Conference Board of Canada r... Financial Post Sun, 29 Nov 2009 18:04:43 -0500OTTAWA -- Bailouts and subsidies to businesses by Canadian governments surpassed $200-billion between 1994 and 2007, adding up to $15,126 per taxpayer, according to a report Friday from the Fraser Ins... Financial Post Sun, 29 Nov 2009 18:04:41 -0500Mr. Flaherty, speaking to reporters, said the Canadian banking regulator sees little or no impact in Canada from Dubai’s request for a standstill on payments of tens of billions of dollars of debt .... Financial Post Sun, 29 Nov 2009 18:04:40 -0500The Supreme Court of Canada has upheld the right of Wal-Mart, the world's biggest retailer, to shut down stores after workers unionized at one of its outlets in Jonquière, Que. In a 6-3 decision, Ju... Financial Post Sun, 29 Nov 2009 18:04:37 -0500Canada's top benchmark exchange was relatively unchanged on Friday, as stocks south of the border tumbled playing catch-up with the rest of world following the U.S. Thanksgiving Day holiday. One day ... Financial Post Sun, 29 Nov 2009 18:04:34 -0500Shoppers line up outside of a Best Buy store Thursday night as they wait for it to open on the shopping day dubbed "Black Friday" in Irving, Tex. Financial Post Sun, 29 Nov 2009 18:04:31 -0500TORONTO -- Striking workers at Vale's Voisey's Bay nickel mine in eastern Canada will not resume bargaining with the company unless Vale also agrees to sit down with striking workers at its Sudbury, O... Financial Post Sun, 29 Nov 2009 18:04:29 -0500WINNIPEG, Manitoba -- A strike at Canada's biggest railway would interrupt a busy period for transporting grain across one of the world's top exporting countries, and could ring up costs to farmers an... Financial Post Sun, 29 Nov 2009 18:04:26 -0500CHICAGO -- Privately held Canadian lumber producer Tolko Industries said this week it will close indefinitely its lumber unit in High Level, Alberta, due to poor market conditions. News of the pendin... Financial Post Sun, 29 Nov 2009 18:04:24 -0500Investment bankers at RBC Capital Markets, TD Securities and other Canadian firms may see bonuses jump as much as 50% from last year after record stock sales and a surge in mergers fueled bank fees, a... Financial Post Sun, 29 Nov 2009 18:04:22 -0500STOCKHOLM -- General Motors Co said on Friday it was talking to possible buyers of Saab, four days before a GM board meeting considers whether to attempt to revive a sale process or eliminate the 60-y... Financial Post Sun, 29 Nov 2009 18:04:21 -0500TORONTO -- Canwest Global Communications Corp. said Friday it had a fourth quarter operating profit of $52-million before charges, compared with $60-million in the fourth quarter of 2008. For the ful... Financial Post Sun, 29 Nov 2009 18:04:17 -0500OTTAWA -- The sentiments of average consumers and chartered accountants are headed in opposite directions, according to a pair of reports released Thursday. The mood of Canadian consumers deteriorate... Financial Post Sun, 29 Nov 2009 18:04:16 -0500Rogers Communications Inc. beefed up its equity stake in rival Cogeco Inc. on Thursday in what some suggest is a clear sign to other would-be buyers that it intends to acquire the smaller cable TV com... Financial Post Sun, 29 Nov 2009 18:04:14 -0500OTTAWA -- A major Nortel Networks Corp. creditor is objecting to terms of a key division sale, saying Nortel turned down a higher cash offer. Ciena Corp. won the auction this week for the metropolita... Financial Post Sun, 29 Nov 2009 18:04:13 -0500Hopes that Bombardier Inc. might be able to stave off further production cuts in its regional-jet program fell flat Thursday with the Montreal transportation giant saying it would be forced to cut an ... Financial Post Sun, 29 Nov 2009 18:04:08 -0500MONTREAL -- At some points in the game, the water looks real; clear at some angles to reveal the rocks below, at other angles, thick and murky. When your character hops into a helicopter, the exhaust ... Financial Post Sun, 29 Nov 2009 18:04:05 -0500On Thursday, federal regulators approved a request to add Al Jazeera English to the list of satellite services eligible to be distributed in Canada. Financial Post Sun, 29 Nov 2009 18:04:04 -0500Fears that Dubai may not be able to meet the payments on its massive foreign debt sparked a sell-off on stockmarkets around the world as investors worried about the health of the once-booming emirate ... Financial Post Sun, 29 Nov 2009 18:04:02 -0500In its fiscal second-quarter budget update, the Alberta government said it expects a deficit of $4.3-billion for the current fiscal year, down from its first-quarter forecast for a $6.9-billion ... Financial Post Sun, 29 Nov 2009 18:04:01 -0500NEW YORK -- One of News Corp Chief Executive Rupert Murdoch's sons sold about US$27.6-million of his shares the media company this week as his investment company purchased a large stake in an Australi... Financial Post Sun, 29 Nov 2009 18:03:59 -0500Web and video posts are feeding a new form of “silent attrition, where customers switch companies without complaining directly,” Frank Sherlock, senior vice-president at Cincinnati-based Convergys... Financial Post Sun, 29 Nov 2009 18:03:58 -0500Bidding wars and higher interest costs have lead to the inevitable - a drop in housing affordability for the first time in five quarters, according to a new index produced by the Royal Bank of Canada.... Financial Post Sun, 29 Nov 2009 18:03:56 -0500BEIJING -- China faces a protectionist backlash next year because its manufacturers are saddled with overcapacity and are offloading excess output into world markets, the European Union Chamber of Com... Financial Post Sun, 29 Nov 2009 18:03:55 -0500Electric cars may be coming, but they will come much more slowly than you might expect from all the publicity. The price is one problem. It's the batteries. To get an e-car with more range, you need m... Financial Post Sun, 29 Nov 2009 18:03:54 -0500CANBERRA -- Looking to work overseas? Head to Canada, Australia or Thailand, according to an annual global survey which found recession-hit Britain was one of the worst locations to live for expatriat... Financial Post Sun, 29 Nov 2009 18:03:50 -0500NEW YORK/LONDON -- Gold prices hit record highs above US$1,190 an ounce Wednesday as the dollar fell sharply and the market expected central banks from emerging economies to keep buying bullion from t... Financial Post Sun, 29 Nov 2009 18:03:48 -0500OTTAWA -- Don't look now, but Canadian governments are returning in increasing fashion to foreign markets to help finance their day-to-day operations - something they last did with great regularity in... Financial Post Sun, 29 Nov 2009 18:03:47 -0500Canadian home resale prices rose for a fifth straight month in September on gains in five of six major metropolitan markets surveyed, according to a report on Wednesday. Financial Post Sun, 29 Nov 2009 18:03:45 -0500Onex Corp said Wednesday it had sold another part of its interest in Emergency Medical Services Corp in a secondary offering, for proceeds of about US$151-million. The Canadian private-equity firm sai... Financial Post Sun, 29 Nov 2009 18:03:45 -0500NEW YORK -- AIG and former chief executive Maurice "Hank" Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can ... Financial Post Sun, 29 Nov 2009 18:03:43 -0500Canadian National, the country’s biggest railway, said it is urging the Teamsters union, which represents the engineers, to resume negotiations immediately. Financial Post Sun, 29 Nov 2009 18:03:42 -0500CHICAGO -- Wall Street's main barometer of investor sentiment did not show much fear on Wednesday, as it sank to its lowest level in 15 months. The Chicago Board Options Exchange Volatility Index, kn... Financial Post Sun, 29 Nov 2009 18:03:41 -0500Dan Fortin, part 2 FP Executive's John Turley-Ewart speaks with Dan Fortin, President IBM Canada, about what differentiates Canadian managers. Financial Post Sun, 29 Nov 2009 18:03:39 -0500OTTAWA -- Earnings by Canadian companies rose in the third quarter of 2009 after three straight quarterly declines, Statistics Canada said Wednesday. Operating profits were up 7.9% to $54.1-billion d... Financial Post Sun, 29 Nov 2009 18:03:34 -0500WASHINGTON -- The number of U.S. workers filing new applications for jobless insurance tumbled last week to the lowest level in more than a year and consumer spending rose, adding to evidence the worl... Financial Post Sun, 29 Nov 2009 18:03:33 -0500The board of Cossette Inc. urged its shareholders Wednesday to reject an amended offer from Cosmos Capital Inc. made last week in favour of an identical deal from a U.S. firm, as a tug-of-war over the... Financial Post Sun, 29 Nov 2009 18:03:31 -0500LONDON -- Britain's economy shrank for a sixth consecutive quarter in the three months to September but at a slower pace than previously reported, keeping alive expectations of a return to growth befo... Financial Post Sun, 29 Nov 2009 18:03:26 -0500STOCKHOLM -- General Motors appears to still hope to sell its Swedish Saab Automobile unit despite a deal collapsing, a Swedish government official said on Wednesday. "I talked to GM last night and m... Financial Post Sun, 29 Nov 2009 18:03:24 -0500UBS AG plans to hire more than a dozen sales and trading staff to bolster its equities business in Canada over the next two years after receiving a record number of job requests from employees at riva... Financial Post Sun, 29 Nov 2009 18:03:22 -0500A surge in office construction in Toronto's downtown may push the city's vacancy rate higher than New York and Boston after developers added space during the first recession in 17 years. The prop... Financial Post Sun, 29 Nov 2009 18:03:21 -0500OTTAWA -- Saskatchewan will surpass Ontario this year as Canada's second-wealthiest province as measured by living standards, the result of a recession that has shown no mercy on the country's industr... Financial Post Sun, 29 Nov 2009 18:03:20 -0500TORONTO -- A potential labour disruption could be looming at Canadian National Railway Co. after the country's largest railway decided to unilaterally impose contract changes on 1,700 of its engineers... Financial Post Sun, 29 Nov 2009 18:03:18 -0500The Toronto Stock Exchange, along with most other market benchmarks around the globe, lost ground Tuesday in the face of evidence the U.S. economic recovery hasn’t been going as smoothly as once ... Financial Post Sun, 29 Nov 2009 18:03:16 -0500Platinum and palladium miners in North America form an exclusive club, to say the least. Right now, there is exactly one pure-play producer of the two metals operating in North America: Stillwater Mi... Financial Post Sun, 29 Nov 2009 18:03:15 -0500MONTREAL -- Despite posting losses in net earnings and revenues because of lower fuel margins in the United States and a weaker Canadian dollar, Alimentation Couche-Tard Inc., North America's largest ... Financial Post Sun, 29 Nov 2009 18:03:14 -0500In court documents, a judge said: "The technological advantage that allowed Rogers to represent that it has Canada's most reliable network has disappeared."... Financial Post Sun, 29 Nov 2009 18:03:13 -0500TORONTO - Telus Corp. brought a fresh idea to an old and contentious debate Tuesday that the telecommunications giant says will open up tens of millions of dollars to assist Canada's ailing broadcast ... Financial Post Sun, 29 Nov 2009 18:03:11 -0500TORONTO -- Canadian officials have approved a landmark search advertising deal between Microsoft Corp. and Yahoo Inc., but the deal still faces potential antitrust hurdles in both the United States an... Financial Post Sun, 29 Nov 2009 18:03:10 -0500NEW YORK -- Microsoft Corp's Chief Financial Officer Chris Liddell is to leave the company at the end of the year, indicating that he is looking for a bigger job at another company. Mr. Liddell, 51, ... Financial Post Sun, 29 Nov 2009 18:03:09 -0500A picture taken on November 8, 2009, in Paris shows an image from the "Facebook" page of French President Nicolas Sarkozy, called "Memories of the fall of the Berlin wall, on November 9, 1989." The ..... Financial Post Sun, 29 Nov 2009 18:03:08 -0500 |
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