 US government could have protected Lehman says old bossThe former chief of Lehman Brothers, Richard S. Fuld Jr, has told a panel investigating the financial crisis that the large Wall Street firm could have been helped to stay afloat by the US... | |
 UK utilities firms in sales probeA sales probe is taking place in Britain with the tactics of some energy suppliers coming under... |
 Apple TV the coming thingApple CEO Steve Jobs has introduced a revamped Apple TV... |
 World sees large rises in food pricesThe United Nations’ Food and Agriculture Organization has ascertained that food is now costing more than it has since September... |
 Henan province tells Chinese airline not to use its nameThe central Chinese province of Henan has asked Henan Airlines to stop using its... |
 Manchester Airport receives Airbus A380An Airbus A380 operated by Emirates has touched down at Manchester Airport in the... |
 Australia tastes EU wine dealThe EU and Australia have agreed on a wine deal in which imitations will no longer be sold with names like champagne and... |
 Wall Street tacks on to global rallyAll the major indices were sharply higher on Wednesday with positive economic news from global economic heavyweights China and the United... |
 Chunnel allows German train to pass throughA German train trial is about to take place through the Chunnel, connecting France with... |
 Ferrari worried about fire in its carsFerrari 458 cars are being recalled throughout the... |
 Gulf region favoured by expatriatesExpatriates say income stream better in the... |
| Star witness in Petters case faces sentencing ST. PAUL, Minn. - The government's star witness in the fraud case against Minnesota businessman Tom Petters is about to learn her sentence. Both her attorney and federal prosecutors are asking U.S.... |
| TD Bank profit rises 29 percent THE ASSOCIATED PRESS TORONTO -- Toronto-Dominion Bank, North America's sixth largest bank by branches, increased profit by 29 percent in the third quarter on a record quarter by its Canadian... |
| CGS Contact Centers Earn Microsoft Customer and Partner Experience Award Cup CGS Contact Center Solutions Have Been Recognized With the Microsoft CPE Award Cup for Delivering an Exceptional Customer Experience for Microsoft Business Customers in Romania During the Most Recent... |
| Microsoft Excel-based Algorithm Predicts Cancer Prognosis . The algorithm, described in BioMed Central's open access Journal of Experimental & Clinical Cancer Research will enable researchers to quickly generate valuable gene signatures without specialized... |
| Bond Report: Treasurys pull back after jobs, productivity data BOSTON (MarketWatch) -- A slight decline in weekly jobless-claims data helped push Treasury prices lower early Thursday, one day after they fell sharply following surprisingly upbeat figures on... |
| Earnings Watch: Updates, advisories and surprises +1.54% ) said Thursday that its fiscal third-quarter net profit rose 29% to C$1.18 billion ($1.12 billion), or C$1.29 a share, from C$912 million, or C$1.01 a share, a year earlier. The group said... |
| Before the Bell: Jobless claims, Burger King, Costco in focus U.S. stock market futures edged marginally higher Thursday as investors examined the latest figures on unemployment claims and productivity, while retailers provided updates on August... |
| Bus pass fee could cut deficit, Go-Ahead boss says Pensioners could help address Britain's multibillion-pound deficit by paying a one-off fee when applying for a free bus pass, according to the head of one of Britain's largest public transport... |
| Construction industry survey reveals sudden signs of slowdown construction industry grew at its slowest pace for six months in August after a decline in housebuilding, according to a key report on the sector.A survey of purchasing managers showed the... |
| Samsung Galaxy Tab revealed at IFA computing market today with the launch of the Galaxy Tab, and hinted that further versions will be unveiled next year.The 7in Android-based tablet computer with built-in phone capabilities is... |
| Autonomy shares rise on bid speculation Autonomy was one of the few risers amongst FTSE 100 companies today on speculation that the company could be the target of a takeover bid.While the market remained almost flat while expecting more... |
| RBS shares up as bank plans to axe 3,500 jobs in the UK Royal Bank of Scotland rose after the bank confirmed it plans to axe 3,500 jobs in the UK.Investors cheered the news on hopes that the cuts will lift profits at the tax-payer owned lender. The stock... |
| House prices: is this the beginning of a new slump? The Banks are controlling the house market.They are back on form (big bonus for big gamblers) they will make money and build another pyramid.It will take years but it will all come tumbling down (one... |
| Defiant Dick Fuld blames false rumours and the Fed for collapse of Lehma Lehman Brothers boss Dick Fuld delivered a defiant defence of his management of the defunct Wall Street bank today, telling an official inquiry that the firm's 2008 bankruptcy was down to false... |
| European Central Bank keeps its benchmark interest rate on hold at 1.0% 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... |
| Jobless Claims in U.S. Decreased to 472,000 Last Week Sept. 2 (Bloomberg) -- The number of Americans seeking jobless benefits fell last week to a level that indicates the labor market has not improved this year even as the economy... |
| EU Plans to Limit Naked Short Sales of Stocks, Government Debt Sept. 2 (Bloomberg) -- The European Union plans to limit so-called naked short sales of shares and government debt which it says can cause a “disorderly market and possible systemic... |
| Sunil Mittal's son joins Bharti's subsidiary Sunil Mittal is carving out a place for the Generation Next, by employing his son in a group company that is responsible for Bharti Airtel's international business. Incidentally, the shareholders'... |
| New jobless claims drop for 2nd week in row WASHINGTON — The beleaguered American worker got two pieces of upbeat news Thursday that may point to a slow, but steady, improvement in the labor market. The number of people requesting... |
| Low interest rates squeeze pension funds Thanks to stock market gyrations and the lowest interest rates in 60 years, millions of Americans are struggling to keep their retirement savings intact and secure their future. And it's not any... |
| ConsumerMan: Beware of acai berry offers Using bogus claims, fake testimonials and slick marketing tricks, companies have sold hundreds of millions of dollars worth of acai berry... |
| GM roadshow to begin after elections: sources Vehicles for sale are parked at a Cadillac dealer in Sherman Oaks, Calif. GM plans to begin courting investors for its IPO immediately after the Nov. 2 U.S. midterm congressional... |
| U.S. retailers report sales gains for August NEW YORK — Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying. The results are providing a sliver... |
| Windows Phone 7 is released by Microsoft announced in a blog today . The milestone means manufacturers can integrate the software with their hardware and networks to create smartphones and devices for customers prior to the holiday selling... |
| Samsung Tablet Vies For Hottest Gadget Tag The Galaxy Tab offers access to books, films and music and has been heralded as one of the leading rivals to the iPad. "Samsung is betting big on the tablet category with this device," said Ben... |
| RBS Axing 3,500 More Jobs Is A 'Horror Story' RBS said the losses would go across back office and IT functions in the business services arm. The cutbacks - part of plans to more than halve the bank's administration centres across the UK - come... |
| Treasurys extend fall after Wall Street rise NEW YORK (MarketWatch) -- Treasury prices were slightly lower on Thursday, continuing the prior day's drop. "Trading may remain a little more subdued today after the big rally on Wall Street," said... |
| Vimpelcom's Second-quarter Profit Drops 52% FRANKFURT -- Russian telecommunications firm Vimpelcom Ltd. said Thursday its second-quarter net profit dropped to $334.7 million, or 28 cents a share, from $700.5 million, or 69 cents a share, in... |
| INTERVIEW-LG says to use aggressive pricing for cheaper TVs By Tarmo Virki, European technology correspondent BERLIN, Sept 2 (Reuters) - LG Electronics expects demand growth for new TV sets to slow during the second half, and the South Korean firms plans... |
| Toyota August China Car Sales Up 16% On Year At 77,200 TM ) and its local Chinese joint ventures sold 77,200 vehicles in China in August, up 16% from a year earlier, according to the Japanese auto maker. In the eight months ended Aug. 31, Toyota's... |
| Index Ventures Hires Kevin Johnson As Life Sciences Partner LONDON -(Dow Jones)- Venture capital firm Index Ventures Thursday said it hired Kevin Johnson as a partner in its life sciences team. Johnson was formerly chief technology officer at Cambridge... |
| EU Restricts Two Ghana Airlines From Flying To Europe (Adds details) BRUSSELS -(Dow Jones)- The European Commission said Thursday it has banned one airline from Ghana from flying to Europe, while also imposing restrictions on a second airline from the... |
| Traders Wait for Jobs, Housing Data There's No Business Like FOX Business Stock futures pointed to a slightly lower open Thursday as Wall Street waits for initial jobless claims data, a report on the housing market, and same-store... |
| Stora Enso Says No Joint Venture Talks At Present MADRID -- Finnish global paper, packaging and wood products group Stora Enso on Thursday said there are no ongoing discussions regarding a joint venture with it and fellow paper groups Swedish-based... |
| Pier 1 Imports Quarterly Comparable Sales Up 11.2% FRANKFURT -- Pier 1 Imports Inc. said Thursday comparable-store sales rose 11.2% in the fiscal second quarter. Total sales for the quarter ended Aug. 28 rose to $310 million from $287 million in the... |
| ANALYSIS-BRICs - victims of success with global investors? By Sujata Rao LONDON, Sept 2 (Reuters) - Shares of companies from the world's biggest developing economies are increasingly featuring in global fund portfolios, a possible reason why BRIC markets... |
| Stage Stores Comparable Sales Up 0.5% LONDON -- Stage Stores Inc. said Thursday that its August sales at stores open at least one year rose 0.5%. Analysts, on average, had expected same-store sales to rise 1.3%, according to Thomson... |
| Family Dollar Quarterly Comparable Sales Up 6.1% FRANKFURT -- Family Dollar Stores Inc. said Thursday that comparable-store sales for the fiscal fourth quarter increased 6.1%. Net sales for the fourth quarter ended Aug. 28 rose 8% to $1.96 billion.... |
| Fresenius Medical Care Sees Annual Revenue Growth At 6% To 8% FMS ) Thursday provided an outlook until the year 2013, saying it expects revenue to rise 6% to 8% annually. Fresenius Medical Care, which provides kidney dialysis services and renal care products,... |
