Business and Finance NewsExit of banks would be catastrophic for UK
Bangkok News.Net
The continuing row over bonuses is damaging Britain's reputation as a place to do business, leading international bankers have warned.
Ministers have been accused of trying to gain public favour ...
Iran gives Europe thumbs down on oil supplies
Bangkok News.Net
Iran will stop its oil exports to Europe, Oil Minister Rostam Qasemi said Saturday.
The development comes after the European Union endorsed the measures adopted by the foreign ministers of the ...
TV personality embroiled in business row
Bangkok News.Net
Sharon Osbourne has been sued by a design company which has accused the reality TV star of breaching a jewellery deal by pulling out at the last minute.
Lucas Design International executives ...
Qualcomm not talking about bribery probe
San Diego Union-Tribune
Qualcomm this week revealed a federal probe into the company's compliance with the Foreign Corrupt Practices Act but declined to provide further details.In a conference call with analysts on ...
Premier Wen Says China Has Stake in Helping Europe
CNBC
China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and ...
Volvo Holds Steady Course as Earnings Rise
Business Week
Feb. 3 (Bloomberg) -- Volvo AB, the world’s second-largest truckmaker, stuck to its estimates for the North American and European heavy-vehicle markets this year as sales growth helped ...
Euro zone insists no Greek rescue without reforms
Reuters
BRUSSELS (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second ...
Government to oppose rail bonuses
BBC
Transport Secretary Justine Greening is to vote against bonuses for Network Rail bosses at the company's annual general meeting. The government claimed it would send a "very clear ...
Wall Street betting on last-minute debt deal
People's Daily
With no political deal in Washington on raising the U.S. debt limit just days before a crucial deadline, investors are increasingly worried about a downgrade of the country's top-notch credit ...
A Mortgage Tornado Warning That Went Ignored
CNBC
Years before the housing bust -- before all those home loans turned sour and millions of Americans faced foreclosure -- a wealthy businessman in Florida set out to blow the whistle on the mortgage ...
Most Germans want Greece to quit euro: poll
Reuters
Greece's Finance Minister Evangelos Venizelos makes statements outside his office in Athens February 4, 2012. Greece has agreed with euro zone partners on how to recapitalise Greek banks after ...
Greek PM in crucial bailout talks
BBC
Greek PM Lucas Papademos is set to meet the party leaders of his coalition to try and win support for a proposed 130bn euros ($171bn; 108bn) EU rescue. Mr Papademos wants their backing for reforms ...
Transit Tax Switch to Roads Passed by U.S. House Panel
Business Week
Feb. 3 (Bloomberg) -- A U.S. House committee voted to stop letting gasoline-tax revenue be used for mass-transit projects, over opposition from groups including the U.S. Chamber of Commerce and the ...
Wen says China has stake in helping Europe
Reuters
BEIJING (Reuters) - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's ...
Central bank liquidity tap to stay open
Reuters
LONDON (Reuters) - After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central ...
Boeing checks 787s for carbon fiber delamination
MSNBC
Boeing is not releasing many details about the problem or inspections. In a statement, Boeing said it "..has found that incorrect shimming was performed on support structure on the aft fuselage ...
Apple stock sale is rotten
New York Post
Dear John: I had placed an order to sell 50 shares of Apple stock on the day the company was recently reporting quarterly earnings. My order was "good-til-canceled," or GTC, as they say in ...
Saving by waving your phone
New York Post
TECH CORNER If you’re looking to save your own money or that of your employer when you buy a business lunch, a cup of coffee with a client or even travel purchases, you might consider using ...
Fed judge throws fit at Baum
New York Post
Finally, someone has forced New York’s foreclosure king to say he’s sorry.The stunning apology was delivered by Steven J. Baum’s attorney, Vincent Doyle, in a Poughkeepsie ...
No soft SOPA, they play hardball
New York Post
Now that the tech industry’s nerds have gotten their revenge against Hollywood’s bid to pass anti-piracy legislation, don’t look for a sequel in 2012.Congress scuttled ...
Big screen on warranty
New York Post
If you are one of the many who purchased big-screen TVs to watch today’s Super Bowl, two things are almost certain: You got a deep discount on the set, and the dealer tried to boost his profit ...
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