Business and Finance News
- Henry Paulson makes positive speech on economy
Birmingham News.Net US Treasury Secretary Henry Paulson has said he believes the financial crisis is coming to an end but society could take some time to fully emerge from the malaise.
- UK construction industry hit by government squeeze
Birmingham News.Net A squeeze on UK government spending has begun to hit the construction industry.
- Car sales hold up in Europe
Birmingham News.Net New car registrations are up in Europe.
- Winemaking patriarch Robert Mondavi dies
MSNBC A winery spokeswoman says California winemaking patriarch Robert Mondavi has died. He was 94.Robert Mondavi Winery spokeswoman Mia Malm says Mondavi died peacefully at his home in...
- SingTel moves into faster networks
Birmingham News.Net Singapore Telecommunications, otherwise known as SingTel, has awarded a SIN$220 million contract to Ericsson Telecommunications to expand its 2G and 3G mobile network.
- Indonesian leaders to meet over fuel prices
Birmingham News.Net Indonesia’s House of Representatives Speaker, Agung Laksono, has invited President Susilo Bambang Yudhoyono to a consultative meeting on the government's plan to raise fuel oil prices.
- Indian car maker launches eco-friendly model
Birmingham News.Net Tata Motors of India has launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
- Bacon painting fetches record price
Birmingham News.Net Renowned artist Francis Bacon's masterpiece, 'Triptych', has set a new record in sales by fetching a whopping 43 million pounds at an auction in New York.
- British Airways lifts profits
Birmingham News.Net British Airways has reported a 45% rise in annual profits but warned that economic uncertainty and high fuel costs pose challenges.
- US stocks lower after a good week
Birmingham News.Net U.S. stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy.
- US population concerned about economic future
Birmingham News.Net US citizens believe the country is in recession.
- Economic Forum praises strength of euro currency
Birmingham News.Net The annual Brussels Economic Forum conference has been looking at ways to meet the economic challenges facing the EU.
- Ben Bernanke wants banks to raise more capital
Birmingham News.Net US Federal Reserve Board Chairman Ben Bernanke has said banks and securities firms will need to keep raising capital to improve their balance sheet following credit crisis.
- Malawi tobacco rotting on auction floor
Birmingham News.Net Wildly fluctuating prices have closed Malawi's tobacco commodity auction floors.
- Australia to slow its growth
Birmingham News.Net Australia's Reserve Bank has said the country's economy will only grow at a slower pace in the next couple of years.
- United Airlines and Continental now in talks
Birmingham News.Net United Airlines and Continental Airlines in the US have been in talks for a possible alliance.
- Mini loans to be handed out in Africa
Birmingham News.Net Impoverished borrowers in Africa and Asia will soon be able to receive so-called “tiny loans” from the World Bank and British-based bank Standard Chartered.
- Singapore restaurants showing empty seats
Birmingham News.Net There was a lower turnover in Singapore restaurants after the Lunar New Year celebration, dropping the country’s catering figures to US$289.2 million.
- New management at helm of Hugo Boss
Birmingham News.Net German fashion label, Hugo Boss has a new boss.
- Asset securitization at root of banking malaise
Birmingham News.Net Germany's President Horst Koehler has described the world’s banking system as “a monster that must be tamed”.
- Australian cricketers coaxed back to Jaipur
Birmingham News.Net Faced with the threat of losing future earnings in the Indian Premier League, Australia's contingent from the Rajasthan Royals franchise were coaxed back to Jaipur despite their fears following Tuesday's deadly terrorist attack in the capital city of Rajasthan.
- Microsoft Windows comes to green laptop
Earth Times San Francisco - The One Laptop Per Child project will install Windows XP on its low-cost laptops for students in developing countries, according to a joint announcement Friday. The operating...
- ; Store Joins Target, Wal-Mart in Selling Discounted 90-Day Generic Prescriptions
RedOrbit Posted on: Saturday, 17 00:00 CDT By CHERYL CASWELL Kroger is jumping on the prescription discount bandwagon and offering 90-day supplies of hundreds of generic medications for $10. The...
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