Business and Finance News
 Fund-poor schools close in Missouri
Mumbai News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially. Forbes says Gates no longer the world's richest
Mumbai News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year. Coca-cola Femsa Bottler To Change Bylaws
Sign on San Diego
MONTERREY, Mexico Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set co... Regus Makes Insolvency Threat
Guardian
Regus operates 150 serviced offices in the UK and 1,000 around the world. Photograph: David Sillitoe A simmering row between some of Britain's largest landlords and Hsbc Faces Inquiry Into Stolen Swiss Accounts
Guardian
HSBC was being investigated by Swiss banking regulators last night after issuing a grovelling apology to 24,000 customers of its elite private bank who, it said, had their details stolen by a former e... Morrisons: Not Fashionable, But Highly Profitable
Guardian
Morrisons , keen to show that its growth story didn't depart with its chief executive, put on an impressive show today.Excluding pension and property items, profits rose a fifth to £767m. The dividen... Bp Cracks Brazilian Nut
Guardian
BP 's portfolio has been obvious for ages. Quite why the group managed to miss out on the deep-water excitement off the coast of Brazil, where most oil majors have established a presence already, has ... Wall Street Snubbed In European Sovereign Bond Sales
Christian Science Monitor
The JP Morgan and Chase headquarters is seen in New York in this file photo. US banks are losing the opportunity to earn fees on the roughly $500 billion in planned European debt offerings this year. ... Scotiabank Partner Thanachart To Buy Siam City Bank
Business Week
March 11 (Bloomberg) -- Thanachart Bank Pcl, a Thai lender partly owned by Canada’s Bank of Nova Scotia, will pay about C$2.2 billion ($2.14 billion) for Siam City Bank Pcl in a two- step purcha... Gamestop Gains Most In Year On Takeover Speculation
Business Week
March 11 (Bloomberg) -- GameStop Corp., the world’s largest video-game retailer, gained the most in almost a year in New York and trading of its bullish options jumped to a record on speculation... Regulator Faults Wall Street Banks On Derivatives
Sify
FILE - In this June 22, 2009 file photo, U.S. Commodity Futures Trading Co... Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the ... Citigroup Ceo Says Bank On Path To Profitability
Seattle Post-Intelligencer
By STEVENSON JACOBSAP BUSINESS WRITER NEW YORK -- Citigroup Inc. is poised to return to "sustained profitability" as it sheds risky assets and focuses on emerging markets, CEO Vikram Pandit said Th... Coca-cola Femsa Bottler To Change Bylaws
Seattle Post-Intelligencer
THE ASSOCIATED PRESS MONTERREY, Mexico -- Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can... Summary Box: Exxon Mobil Forecast $28b Spending
Seattle Post-Intelligencer
By THE ASSOCIATED PRESS FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spend... Miners Say ‘avatar’ Doesn’t Do Them Justice
MSNBC
"Let me put it this way, my kids saw the movie, and my kids know I'm a miner, and they didn't say anything to me," said Peter Kukielski, head of mining operations for ArcelorMittal, the world's larges... Ex-lloyds Boss Sir Brian Pitman Dies Aged 78
Sky News
Lloyds TSB died in hospital after suffering a heart attack on Monday. Sir Brian retired from Lloyds in 2001 after 49 years, in which time he developed it into the largest of the big four high street ... Honeywell Enters Libyan Market
Gulf News
Dubai: Honeywell yesterday said it has formed a Libyan company — Honeywell Libya Technical Engineering Joint Stock Company — together with its joint venture partner Rida Technical Services... Asian Stocks Fall On China Fears
Gulf News
Singapore: Asian stocks fell yesterday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebou... Goldman's Flamand To Start Own Hedge Fund: Report
Fox Business
SAN FRANCISCO -- The head of Goldman Sachs Group Inc.'s largest hedge fund, Pierre-Henri Flamand, is leaving to start his own fund, Bloomberg News reported Thursday, citing three unidentified sources... Warehouse: Recovery In Retail Spending Remains Patchy
Fox Business
WELLINGTON -(Dow Jones)- New Zealand's The Warehouse Group Ltd. (WHS.NZ) Friday reported a higher first half net profit and said it expects its full year net profit to be similar to the previous year... Judge Says Lehman Examiner Can Make Report Public
Reuters
NEW YORK (Reuters) - The court-appointed examiner who investigated the collapse of investment bank Lehman Brothers Holding Co is set to make his report publicly available, after a judge ruled he could... Toyota Incentives Drive March U.s. Sales Up Sharply
Reuters
Edmunds estimated that Toyota's U.S. retail market share in early March had jumped to 16.8 percent, up sharply from 12.8 percent a month earlier, when safety recall problems had sent sales tumbling. Telus To Sell Tablet Computers
Financial Post
Telus Corp., Canada's third-largest wireless carrier by subscribers, plans to sell tablet computers, looking beyond phones to lure customers away from larger rivals. "We're definitely going to have t...
|
