Business and Finance News
 KKR deal is biggest of the year so far
Birmingham News.Net
Private equity firm Kohlberg Kravis Roberts & Co files to list $2.2 billion worth of shares on the NYSE in a long-anticipated move to follow their rival, Blackstone Group.
Toyota Eyes 10% Market Share In 6-7 Yrs
Times Of India
KOCHI: Amidst the mounting recall troubles its parent is facing globally, Toyota has set an ambitious target of cornering 10 per cent share of the domestic market in the next six-seven years, up fr...
The Week's Top 10 Videos On Marketwatch
Fox Business
In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 8-12:Berkshire Hathaway and the magic of compoundingSam Mamudi examines the long-term returns th...
Euro Finance Ministers To Agree On Greek Aid: Source
Reuters
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on the principles and parameters of financial help to Greece, if it is required, but leave out any sums until Athens asks...
Ubs May Return To Commodities In 2010: Report
Reuters
) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment...
Kuwait Dar Seeks Government Support
Reuters
), which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring.
Cirque Du Soleil Slips Up
Financial Post
NEW YORK -- After opening to rotten reviews in Chicago, Cirque de Soleil's Banana Shpeel is scrambling to avoid a similar slip up in the Big Apple. Cirque – Quebec's best-known cultural and enterta...
China To Bid On Us High-speed Rail Projects
ABCNews
FILE - In this Wednesday, March 3, 2010 file photo, a worker checks a CRH high-speed train at a maintenance base in Wuhan, in central China's Hubei province. China plans to bid for contracts to build ...
China Gov't Advisers Urge Steady Economy
ABCNews
Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in B...
Public Sector Job Cuts Hit Women First
Guardian
scale and scope of spending cuts . This is a bit strange. It is the recovery of growth that will make the biggest contribution to reducing the deficit by getting tax revenues flowing again. Polls repo...
Ba Passengers Try To Change Travel Plans
Sky News
Unite union says thousands of its members will walk out for three days from March 20 and for four days from March 27 the following week. The airline's chief executive Willie Walsh has accused Unite b...
Bosch Lifts Lockout At South Indian Plant
Fox Business
MUMBAI -(Dow Jones)- India's Bosch Ltd. (500530.BY), a unit of German engineering giant Robert Bosch GmbH (BOS.YY), Saturday said that it had lifted the lockout of its plant at Naganathapura, near th...
Subscribers: Us Switches To Daylight-saving Time
Fox Business
The U.S. and much of Canada will move to daylight-saving time from standard time on Sunday, when clocks will be moved forward by one hour. Regular items transmitted from these countries will appear o...
Obama Hopes To Revamp 'no Child Left Behind'
Fox Business
WASHINGTON -(Dow Jones)- President Barack Obama on Saturday said he would send to Congress next week the outline of an education plan to revamp President Bush's No Child Left Behind law. The White Ho...
Kuwait Dar Seeks Legal Protection
Reuters
Problems at Kuwaiti investment firms, including Dar, led the government of the world's fourth-largest oil exporter to approve a "Financial Stability Law" rescue package worth $5.2 billion last year.
Gop Warns Again Against Passing Health Bill
ABCNews
Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health overhaul legislation tha...
Felderhof: The Man Who Can't Clear His Name
Financial Post
TORONTO -- Two floors below ground in a windowless purple-walled seminar room at the Metro Toronto Convention Centre, one of dozens of presentations was underway this week at the annual convention of ...
Agrium Shares Jump As Cf Gets Terra
Financial Post
The nitrogen wars are over, and Agrium Inc. is moving on to different opportunities. Friday, U.S. fertilizer companies CF Industries Holdings Inc. and Terra Industries Inc. agreed to merge in a US$4....
Canwest Newspapers Chief Steps Down
Financial Post
Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his family.
Canadian Stocks Flat In Lacklustre Trading
Financial Post
Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions. Friday's performance was equally lacklustre, with the S&P/TSX composite index clo...
Canwest Lp Proceeds With Sale
Financial Post
Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's largest...
Potash Corp. Leads Fertilizer Stocks Higher
Financial Post
Fertilizer stocks moved higher Friday morning after Potash Corp. of Saskatchewan Inc. hiked its outlook and Agrium Inc. dropped a high-risk bid for a competitor. Potash Corp. said a sharp rebound in ...
Vale Strikers In Subdbury Vote Against Contract
Financial Post
Vale SA nickel-mine strikers in Sudbury, Ontario, voted against a contract offered by the company on March 7. Of 2,371 workers who voted, 88.7% were against the contract Thursday, Denis St. Pierr...
Buffett, World's 3rd-richest Person, Gets Pay Rise
Financial Post
NEW YORK -- Warren Buffett was awarded total compensation of about US$519,490 in 2009 to run Berkshire Hathaway Inc, a 6% increase mainly reflecting the higher cost of keeping the world's third-riches...
Big Funds Stalk Canwest Newspapers
Financial Post
The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest Limited...
Murdoch Takes Aim At New York Times
Financial Post
NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According t...
Transat Strategy 'didn't Work'
Financial Post
Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about ...
Leave Yuan To Us, China Tells Obama
Financial Post
The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime.
Stocks Hit 7 Week Highs, Yen Pressured
Financial Post
LONDON -- Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on...
Stock Futures Mixed Ahead Of Retail Sales Data
Financial Post
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.4%, Dow Jones futures down 0.01% and Nasdaq 100 futures up 0.01%. Investors awaited U.S...
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