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Breaking Business News
Top Stories: Worries over Dubai's debt problems drove down Asian and European share markets prior to the weekend. Big News Network.com Fri, 27 Nov 2009 04:01:22 -0500UK pensioner associations have asked policy makers to implement measures to reduce deficits pension liabilities on company balance sheets. Big News Network.com Fri, 27 Nov 2009 05:04:14 -0500New Zealand has posted its lowest annual goods trade deficit for nearly seven years. Big News Network.com Fri, 27 Nov 2009 04:52:59 -0500Sony is attempting to pick up customers with new 3D technology after falling behind in flat-panel TV technology. Big News Network.com Fri, 27 Nov 2009 04:47:33 -0500Canadian industries have been looking after their workers with higher pay. Big News Network.com Fri, 27 Nov 2009 04:40:46 -0500The BBC has reported that the UK company owned by the ex-bosses of MG Rover has paid back some of the millions of pounds taken out of the car maker. Big News Network.com Fri, 27 Nov 2009 04:24:20 -0500UK Prime Minister Gordon Brown has said he will press Commonwealth leaders this weekend to support his plan to make banks pay for any future bailout. Big News Network.com Fri, 27 Nov 2009 04:14:58 -0500The Japanese yen touched 84 to the US dollar before the weekend, the US currency's lowest level since the mid-1990's. Big News Network.com Fri, 27 Nov 2009 04:08:07 -0500The Australian dollar fell to .9035 as the Australian All Ordinaries dived 2.50% on Friday. Big News Network.com Thu, 26 Nov 2009 18:52:25 -0500TUESDAY, Dec. 1WASHINGTON — National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Sena... Star Tribune Fri, 27 Nov 2009 13:40:21 -0500SUNDAY, Nov. 29 Several airlines will begin adding 10-dollar surcharges on most of their tickets. TUESDAY, Dec. 1 WASHINGTON — National Association of Realtors releases pending home sales ind... Star Tribune Fri, 27 Nov 2009 13:40:19 -0500TORONTO -- The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Wal-Mart in North Am... Miami Herald Fri, 27 Nov 2009 13:34:40 -0500NEW YORK (MarketWatch) -- Black Friday and follow-up retail sales, which traditionally kick off the holiday shopping season, might be a key turning point for a U.S. stock market that has seen an 8-mon... MarketWatch Fri, 27 Nov 2009 13:34:28 -0500SAN FRANCISCO (MarketWatch) -- Financial-services stocks fell Friday on concern about a potential $60 billion debt default by Dubai World. Dubai said Wednesday that it would restructure Dubai Wor... MarketWatch Fri, 27 Nov 2009 13:34:27 -0500Sergei Magnitsky's widow, Natalia Zharikova, grieves over her husband's coffin during his funeral at a cemetery in Moscow. Photograph: Mikhail Voskresenskiy/Reuters/Reuters The investigation into th... Guardian Fri, 27 Nov 2009 13:31:05 -0500Gordon Brown plays down global impact of Dubai crisis Brown says crisis will not cause major damage to global economy, but Wall Street shares show early fall. By... Guardian Fri, 27 Nov 2009 13:31:04 -0500SLP engineering employs 876 staff across its sites at Lowestoft in Suffolk, Tyneside, Blackpool and New Malden, Surrey. The group was put under "significant financial strain" after being embroiled in... Sky News Fri, 27 Nov 2009 13:14:56 -0500WASHINGTON - The Treasury Department and Federal Reserve have delayed by six months to June 1, 2010 when Internet gambling companies are required to comply with a new gambling statute. Gambling indus... Fox Business Fri, 27 Nov 2009 13:08:22 -0500YHOO ) were down sharply in Friday morning trading after the stock dropped though a key technical support level. The company is trading below its 200-day moving average for the first time since May ... Fox Business Fri, 27 Nov 2009 13:08:20 -0500MSL ) shares fell 5% in morning trading Friday. On Wednesday, The holding company of MidSouth Bank N.A. and Lamar Bank announced it would sell as much as $30 million in shares to fund potential fut... Fox Business Fri, 27 Nov 2009 13:08:18 -0500NEW YORK -- Early indications of traffic and sales on Black Friday are pointing to "very good signs" to the holiday shopping season, said Macy's Inc. Chief Executive Terry Lundgren in an interview, a... Fox Business Fri, 27 Nov 2009 13:08:15 -0500LONDON (Reuters) - British banks have far greater exposure to potential problem debts in the United Arab Emirates than rivals in France, the United States, Japan or anywhere else, loans data show, as ... Reuters Fri, 27 Nov 2009 13:07:21 -0500OTTAWA -- Bailouts and subsidies provided to businesses by Canadian governments surpassed $200-billion between 1994 and 2007, adding up to $15,126 per taxpayer, or $1,244 per taxpayer in 2007 alone, a... Financial Post Fri, 27 Nov 2009 13:06:58 -0500OTTAWA -- Canada's federal budget deficit grew by another $5-billion in September, leaving the shortfall for the first half of the 2009-10 fiscal year at $28.6-billion, data from the Department of Fin... Financial Post Fri, 27 Nov 2009 13:06:46 -0500The Toronto Stock Exchange on Friday recovered partially from Thursday's big drop, which was largely on concerns over the debt of Dubai in the United Arab Emirates. At midday, the S&P/TSX composi... Financial Post Fri, 27 Nov 2009 13:06:44 -0500Canwest Global Communications Corp. said Friday it had a fourth quarter operating profit of $52-million before charges, compared with $60-million in the fourth quarter of 2008. For the full fisca... Financial Post Fri, 27 Nov 2009 13:06:42 -0500OTTAWA - Canada's current account deficit with the rest of the world jumped to a record level in the third quarter of this year as imports outpaced exports, Statistics Canada said Friday. The deficit... Financial Post Fri, 27 Nov 2009 13:06:40 -0500VIRGINIA BEACH, Va., Nov. 27 /PRNewswire-FirstCall/ -- Waterside Capital Corporation (Nasdaq: WSCC), a Small Business Investment Company (SBIC), today reported financial results for the three months e... Earth Times Fri, 27 Nov 2009 13:06:22 -0500French carmaker Renault has signed a deal to save struggling Russian partner Avtovaz, the maker of Lada cars.Russia's Prime Minister Vladimir Putin announced the 240m euro ($357m; £218m) deal du... BBC Fri, 27 Nov 2009 12:38:34 -0500Jaguar Land Rover had seen its sales rise 23% in the second quarter after its new models were well-received.Owner Tata Motors said new products such as the upgraded Range Rover, Range Rover Sport and ... BBC Fri, 27 Nov 2009 12:38:33 -0500A statue stands by the doors of Soccerex at Santon Convention Centre The great and the good from the football industry are arriving in South Africa for the annual gathering of the Soccerex football ... BBC Fri, 27 Nov 2009 12:38:32 -0500The Federal Aviation Administration (FAA) on Thursday released the transcripts and audio recordings detailing the efforts made to reach the pilots of Northwest Airlines Flight 188, which dropped out o... Star Tribune Fri, 27 Nov 2009 12:17:28 -0500Oil prices dropped to near $74 a barrel Friday as Dubai's debt problems jolted world markets, raising concern about the prospects for global economic recovery. By early afternoon in Europe, benchmark... Star Tribune Fri, 27 Nov 2009 12:17:26 -0500NEW YORK (MarketWatch) -- Canadian stocks rose Friday, led by financial and mining companies, as investors bought stocks beaten down in the prior session when worries about a debt default in Dubai tri... MarketWatch Fri, 27 Nov 2009 12:11:53 -0500SAN FRANCISCO (MarketWatch) -- Oil and natural-gas stocks pulled back in Friday's shortened trading session, following the broader market lower as crude prices dropped to their lowest level in seven w... MarketWatch Fri, 27 Nov 2009 12:11:48 -0500SAN FRANCISCO (MarketWatch) -- Technology stocks fell sharply Friday morning as new global credit fears sparked a broad wave of selling across the market in the abbreviated session following Thanksgiv... MarketWatch Fri, 27 Nov 2009 12:11:47 -0500Of Australia's 165,000 hectares of wine grapes, 40,000 hectares must be destroyed to clear cellars choked with wine cases. Photograph: Eric Futran/Jupiterimages Australian wineries are bulldozing an... Guardian Fri, 27 Nov 2009 12:08:16 -0500First Quench, which operates on the high street under the names Threshers, Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine, collapsed into administration on 29 October . At that time it ha... Guardian Fri, 27 Nov 2009 12:08:13 -0500Australia 's most prestigious wine producing regions north of Sydney, warns that extreme heat, frost and disease could devastate grapevines over the next 70 years.The study by Macquarie University,... Guardian Fri, 27 Nov 2009 12:08:11 -0500Dancing with the Stars: Kelly Osbourne and partner on the US show. Photograph: Adam Larkey/ABC via Getty Images Despite the economic downturn, British television shows continue to prove popular abro... Guardian Fri, 27 Nov 2009 12:08:09 -0500The recently introduced legislation will force internet service providers to become online police, obliging them to provide lists of offenders to copyright owners... Guardian Fri, 27 Nov 2009 12:08:07 -0500A toy store is stocking up on low-maintenance pets. Black Friday brings great gadgets at low prices, AND this year homeowners can find a deal at an online bank. And ski bums have a less-expensive way... Fox Business Fri, 27 Nov 2009 11:45:45 -0500FNFG ) announced Friday it has applied to convert to a bank-holding company status. At the same time, the thrift-holding company said it withdrew its application for approval of the Office of Thrift... Fox Business Fri, 27 Nov 2009 11:45:43 -0500FRANKFURT -- Mexico's central bank decided on Friday to keep its benchmark interest rate unchanged at 4.5%. The decision was in line with market expectations. Earlier this week, Mexico posted benign ... Fox Business Fri, 27 Nov 2009 11:45:41 -0500NEW YORK - This year's U.S. crude oil production is on track to show its biggest year-on-year jump since 1970, an analysis of historical data by Platts showed Friday. If the 5.268 million barrels a d... Fox Business Fri, 27 Nov 2009 11:45:39 -0500LONDON (Reuters) - De Beers, the world's largest diamond producer, expects banks to renew its $1.5 billion debt facility before it comes due in March next year, the firm said on Friday. Reuters Fri, 27 Nov 2009 11:44:49 -0500Note: Higher FY earnings are expected on the back of solid subscription revenue growth and cost cutting. "Sage is likely to describe the market as challenging but with pockets of growth - the US pro... Morning Star Fri, 27 Nov 2009 11:16:57 -0500House prices in England and Wales continued rising in October, climbing by 0.6% according to the latest survey from the Land Registry.It was the fifth month in a row that prices had risen, the Land Re... BBC Fri, 27 Nov 2009 11:16:00 -0500Shoppers crowded stores and malls in the wee hours Friday, some after spending the night waiting in line, to grab early morning deals and hard-to-find items. The nation's retailers expanded their hou... Star Tribune Fri, 27 Nov 2009 10:37:10 -0500SANTA CRUZ, Calif. - Headset maker Plantronics Inc. said Friday it will repurchase up to 1 million shares. Barbara Scherer, senior vice president and CFO, said Plantronics has repurchased more than ... Star Tribune Fri, 27 Nov 2009 10:37:08 -0500BISMARCK, N.D. - The head of the North Dakota Retail Association says he expects holiday sales in the state this year to be up 1 to 2 percent over last year, compared with a predicted 1 percent drop n... Star Tribune Fri, 27 Nov 2009 10:37:07 -0500Independent on Sunday , has secured shareholder backing to complete its restructuring plan.Investors voted in favour of all the resolutions put to them at two extraordinary general meetings in Dublin ... Guardian Fri, 27 Nov 2009 10:27:58 -0500CEO of ThyssenKrupp steel company Ekkehard Schulz, addresses the media during the annual balance news conference in Essen, western Germany, on Friday Nov.27, 2009. (AP Photo/Frank Augstein)... Seattle Post-Intelligencer Fri, 27 Nov 2009 10:18:50 -0500First Quench - which also trades as Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine - fell into administration in October after struggling in the recession. KPMG said 391 stores would clo... Sky News Fri, 27 Nov 2009 10:12:06 -0500Want to save money on gift card buying? Ask yourself some key questions, do a bit of homework and your extra effort can mean extra cash in your pocket. Americans spend about... Fox Business Fri, 27 Nov 2009 10:05:10 -0500Dear To Her Credit, Can a credit card company continue to charge you late fees, over-limit fees and maintenance fees after your account has been closed by the bank? I missed one payment with my... Fox Business Fri, 27 Nov 2009 10:05:09 -0500ING ) may wish it chose a different day to raise cash as the Dutch bank’s $11.2 billion rights issue came in at a 52% discount Friday amid a plunge in global markets sparked by Dubai’s debt cris... Fox Business Fri, 27 Nov 2009 10:04:59 -0500FRANKFURT -- Renault SA and the other shareholders of troubled Russian carmaker Avtovaz said Friday they have agreed on a restructuring plan for the company. Under the plan, the Russian government wi... Fox Business Fri, 27 Nov 2009 10:04:57 -0500(Reuters) - Most big U.S. banks may be forced to make public offerings soon if the Treasury demands payback of the funds it issued under the Troubled Assets Relief Program, veteran banking analyst Ric... Reuters Fri, 27 Nov 2009 10:03:57 -0500OTTAWA -- Canada's top court has ruled in favour of Wal-Mart Stores Inc. in a dispute over union organizing efforts at a store in Quebec. The case centred around a store that Wal-Mart opened in Jonqu... Financial Post Fri, 27 Nov 2009 10:03:19 -0500ALCOA, Tenn. — The wall of honor in the Bread of Heaven restaurant is a collage of orange.An array of Tennessee football players who have traveled the 14.9 miles from the UT campus to sample the... Lexington Herald-Leader Fri, 27 Nov 2009 09:49:08 -0500The government has the right to take up to 50% in the project but is likely to take less and ask for a third party to be brought in, said Flemming Drechsel, managing director of the state-owned comp... Morning Star Fri, 27 Nov 2009 09:35:25 -0500The government has the right to take up to 50% in the project but is likely to take less and ask for a third party to be brought in, said Flemming Drechsel, managing director of the state-owned comp... Morning Star Fri, 27 Nov 2009 09:35:22 -0500HM Revenue & Customs (HMRC) has given extra time for people to confess to dodging tax through offshore accounts.The deadline of its current disclosure campaign has been extended from Monday 30 Nov... BBC Fri, 27 Nov 2009 09:34:29 -0500Utility company Eskom has been loaned 1.86bn euros ($2,77bn; £1.69bn) by the African Development Bank to finance the building of the Medupi power plant.The 4,800 megawatt facility in the Limpopo... BBC Fri, 27 Nov 2009 09:34:28 -0500(RTTNews) - Following the Thanksgiving Day holiday, stocks are poised to move sharply lower on Friday amid concerns about a financial crisis in Dubai. The major index futures are indicating considera... Quote.com Fri, 27 Nov 2009 09:33:30 -0500KITTERY, Maine - It takes Sgt. Charles Denault barely two minutes to spot a dozen cars with out-of-state license plates parked in driveways and outside houses and apartments. Driving his cruiser alo... Star Tribune Fri, 27 Nov 2009 09:04:58 -0500HARTFORD, Conn. - An improved 2010 revenue forecast prompted an analyst to slightly increase his profit estimate for Deere & Co. Friday, although he warned that the farm equipment manufacturer could ... Star Tribune Fri, 27 Nov 2009 09:04:58 -0500MONTREAL, QUEBEC--(Marketwire - Nov. 27, 2009) - Ergoresearch Ltd (TSX VENTURE:ERG) - - Annual sales increased by 160% to $1 596 107 compared to $612 127 for the same period last year. - Net profits... Market Wire Fri, 27 Nov 2009 08:59:47 -0500NEW DELHI, INDIA--(Marketwire - November 27, 2009) - Despite the decline by the broader markets, health insurance stocks were also able to buck the day's downtrend, lifting the Morgan Stanley Health... Market Wire Fri, 27 Nov 2009 08:59:40 -0500U.S. stock market futures were trading sharply lower on Friday as debt problems for Dubai spread fear across markets worldwide and as traders nervously awaited a holiday-shortened Wall Street session. MarketWatch Fri, 27 Nov 2009 08:59:04 -0500Christmas parties are likely to be modest affairs again this year. Photograph: David Ellis/Getty Images/Digital Vision It's fair to say that as far as office parties went, last... Guardian Fri, 27 Nov 2009 08:55:29 -0500For some time now it has been possible to see the four horsemen of the apocalypse on the horizon. Most economic commentators ignore their existence and the potential damage that could be inflicted on ... Guardian Fri, 27 Nov 2009 08:55:25 -0500NEW YORK -- U.S. stock index futures were sharply lower on Friday, a day after markets were shut for the U.S. Thanksgiving holiday, as a possible debt default at a Dubai state-owned conglomerate spark... Financial Post Fri, 27 Nov 2009 08:29:55 -0500MONTREAL, QUEBEC -- 11/27/09 -- Ergoresearch Ltd (TSX VENTURE: ERG) - - Annual sales increased by 160% to $1 596 107 compared to $612 127 for the same period last year. - Net profits before... Earth Times Fri, 27 Nov 2009 08:29:37 -0500Railteam, the alliance of European high-speed rail operators, has shelved plans for a Europe-wide common booking system because of increasing costs.The system would have allowed customers to book tick... BBC Fri, 27 Nov 2009 07:58:05 -0500Chancellor Alistair Darling will say in his pre-Budget report that the economy performed worse in 2009 than he first predicted, Treasury sources have said.Mr Darling is expected to say that the UK eco... BBC Fri, 27 Nov 2009 07:58:03 -0500 |
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