 Brazilian investment firm buys Burger KingThe Burger King fast food chain has been bought by Brazilian investment fund, 3G Capital, which is run by Jorge Paulo Lemann, who ranks 48 in Forbes list of... | |
 UN wants to protect all oceansThe UN chief has called for the collective global protection of... |
 Troubled Kabul bank could be in for bail outAfghanistan has offered a bailout for the troubled Kabul Bank, where nervous investors in droves have been withdrawing... |
 Market reacts badly to China Strategic announcementThe China Strategic company has sunk to an 11-month low in Hong... |
 Australian bank warns of profit dropThe Macquarie bank in Australia has warned customers that shares will be down due to a company announcement cutting its profit... |
 With election coming up Obama talks economyPresident Obama has announced he will unveil a new plan to create... |
 Potential mergers explored by BA bossThe head of British Airways, Willie Walsh, has said a shortlist of names has been drawn up for consideration in merger... |
 Strikers go out at S Africa’s biggest platinum mineA strike has begun at the South African mine which produces most of the country’s... |
 Cost cutting in Dubai leads to shabby standardsBuilding standards in Dubai are said to be getting worse with developers cutting jobs and other... |
| Barclays CEO John Varley to retire, investment bank head Robert Diamond to move up LONDON - John Varley, who guided Barclays bank through the credit crisis without resorting to a government bailout, will retire next year as chief executive, to be succeeded by the head of the... |
| Flight attendant accused of cursing passenger, sliding down emergency chute due in NY court NEW YORK - A former JetBlue flight attendant accused of cursing out an airplane passenger and then sliding down an emergency exit chute is due in a New York City courtroom. Steven Slater is... |
| London tube strike – tell us your stories Transport for London predicted it would be a "difficult day" if the strike was well supported today. That seems to be putting mildly. TfL's handy widget for services updates (below) shows a snapshot... |
| Consumer caution prompts only small rise in high-street spending and big drop in new car sales High-street sales have been boosted by autumn weather and the new school year but major purchases have sold less well. Photograph: Frank Baron for the... |
| SingTel Unlikely to Bid for Cable & Wireless: Citigroup "SingTel had clarified its preference to focus on acquisitions in the Asia Pacific region where it can build scale and drive revenue growth via penetration," Citi analysts Arthur Pineda and Ravi... |
| Dana Gas, Aldar Lead Convertible Debt Rally: Islamic Finance Sept. 7 (Bloomberg) -- Convertible Islamic debt sold by Dana Gas PJSC and Aldar Properties PJSC are headed for the best quarter in a year, a sign the Persian Gulf market is... |
| Dividends Top Bond Yields by Most in 15 Years as Cash Increases Sept. 7 (Bloomberg) -- More U.S. stocks are paying dividends that exceed bond yields than any time in at least 15 years as profits rise at the fastest pace in two... |
| Obama Gets Ideal Rates as TIPS Show No Inflation or Deflation Sept. 7 (Bloomberg) -- The $8.2 trillion market for U.S. government bonds is saying the risk to the economy from deflation is about as low as it is from... |
| Euro Falls on Concern at Health of European Banks; Aussie Drops Sept. 7 (Bloomberg) -- The euro fell the most in a week on concern sovereign-debt risk will hinder the fiscal health of European banks, denting prospects for the region’s... |
| Wall Street Needs ‘Off-the-Charts’ September to Rescue Quarter Sept. 7 (Bloomberg) -- After two months bankers would like to forget, Wall Street may need a September to remember to avoid closing the books on the worst quarter for investment banking and trading... |
| Harvard to Lehman to Queens: A Woman’s Guide to Balancing Banks Sept. 7 (Bloomberg) -- Work in a bar. That was a friend’s suggestion for Harvard graduate Sara Grillo after she was laid off from Lehman Brothers Holdings Inc. in 2008. Two years later, the... |
| SimCrest Announces New Release of eBank Reconciliation for Microsoft Dynamics NAV Users Helping to save time while reconciling bank transactions, the new version of SimCrest eBank Reconciliation add-on solution features enhanced functionalities and support for the Microsoft Dynamics NAV... |
| Bob Diamond To Take Over At Barclays Mr Diamond, who is estimated to be worth £95m, will take over on March 11 next year when John Varley steps down. The 59-year-old American's appointment is being made as part of an unexpected shake... |
| Nikkei slips after rally, holds above key resistance TOKYO, Sept 7 (Reuters) - Japan's Nikkei average fell 0.8percent on Tuesday, dented by profit-taking after four straightdays of large gains and as the yen's strength shows little signof abating. But... |
| FOREX-Euro falls on bank sector jitters, Aussie sags By Rika Otsuka TOKYO, Sept 7 (Reuters) - The euro fell on Tuesday from athree-week peak against the dollar hit the previous day, asrekindled worries about the European banking sector... |
| ABC News Chief Westin To Step Down: Journal Walt Disney Co. unit for 13 years, said that a month ago he'd told Disney Chief Executive Bob Iger and Disney-ABC Television Group President Anne Sweeney that he wanted to leave, the Journal... |
| Australia's Labor Set To Form Next Government SYDNEY -- The Australian Labor Party on Tuesday gained enough seats to form a minority government, with the news ending weeks of uncertainty following the inconclusive election in August. Independent... |
| China's BYD says Aug car sales down 6 pct from July * Stock falls 2.4 pct at noon, have lost 30 pct this year (Adds quotes and shares price) HONG KONG, Sept 7 (Reuters) - Chinese car and battery makerBYD Co Ltd, backed... |
| Credit Suisse Names Abbasi Asia CEO, Executive Board Member CS ) Tuesday said it appointed Osama Abbasi as chief executive of the Asia Pacific Region and member of the executive board. MAIN FACTS: - As of Oct. 1, 2010, Abbasi will report to Brady Dougan,... |
| Star Den Media To Stop Channel Supply To Digi Cable Network For 3 Weeks Dow Jones )- Star Den Media Services Pvt. Ltd. will stop Digi Cable Network India Pvt. Ltd. from broadcasting some of its channels for three weeks from Tuesday. The company said in a newspaper... |
| Xstrata Tips Medium Term Thermal, Metallurgical Coal Shortage Dow Jones )- The head of Xstrata Plc's (XTA.LN) coal division, Peter Freyberg, said Tuesday that the Anglo-Swiss miner expects thermal and metallurgical coal markets to be undersupplied over the... |
| HK, Shanghai shares take breather; steel stocks rise (Updates to midday) By Vikram S Subhedar and Farah Master HONG KONG/SHANGHAI, Sept 7 (Reuters) - Hong Kong and Shanghaistocks took a breather on Tuesday with key indexes flat toslightly lower as some... |
| Australia's central bank holds rates at 4.5 pct SYDNEY, Sept 7 (Reuters) - Australia's central bank keptits key cash rate steady at 4.5 percent on Tuesday, a widelyexpected decision given past hikes had already worked to coolinflation amid a more... |
| Strong yuan would hurt China -gov't economists China must resist externalpressure for yuan appreciation because a stronger exchange ratewould take a big bite out of economic growth, according to a pairof senior government researchers. Li Jianwei... |
| INTERVIEW-UPDATE 2-Andean CEO: Goldcorp still top bid on table Australia andCanada, would evaluate any new offers that might surface totrump Goldcorp's offer, but to date that had not occured. "The market is certainly saying something... But we believeGoldcorp... |
| AIG seen leaning towards new Taiwan unit sale * Govt takeover of unit a last resort option - source (Recasts, adds comment from AIG, sources; changes dateline) HONG KONG/TAIPEI, Sept 7 (Reuters) - American InternationalGroup Inc is leaning... |
| HSBC Chairman Stephen Green To Become UK Trade Minister - BBC HBC ) Chairman Stephen Green is leaving the bank to become the U.K. trade minister in the country's coalition government, the BBC reported Tuesday. BBC Business Editor Robert Peston wrote in his... |
| BOJ Keeps Rates On Hold, Says Economy Recovering HONG KONG -- The Bank of Japan's policy board voted unanimously to hold its overnight call rate at 0.1% and said that the economy appears to be recovering moderately, helped by a pick-up in business'... |
| U.S. hiring outlook dips slightly - Manpower China compared with threemonths ago, but the fourth-quarter hiring outlook dippedslightly in the United States and Germany, according to aquarterly survey by Manpower Inc. The reading -- which... |
| PRECIOUS-Gold gives up early gains, econ worries support (Updates prices; adds quotes) By Lewa Pardomuan SINGAPORE, Sept 7 (Reuters) - Gold dropped on Tuesday asearly buying subsided and the euro slipped against the U.S.dollar, but volatile stock markets... |
| Oracle hires former HP's Mark Hurd Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California, in this July 24, 2009 file... |
| Justice department probes Google's ITA Software deal: report ) takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal... |
| Strong yuan would hurt China: economists BEIJING (Reuters) - China must resist external pressure for yuan appreciation because a stronger exchange rate would take a big bite out of economic growth, according to a pair of senior government... |
| ABC News President David Westin Steps Down ABC News President David Westin, the longest-reigning network news division chief, with more than 13 tumultuous years on the job, told his staff Monday that he is resigning and will leave by the end... |
| SingTel unlikely to bid for C&W: Citigroup SINGAPORE: Singapore Telecommunications, Southeast Asia's largest telecoms firm, is unlikely to bid for Cable & Wireless Worldwide as the company wants to focus on the Asia-Pacific region,... |
| European Stocks Seen Flat (RTTNews) - European stocks are poised to start on a lackluster note Tuesday, with modest losses in Asian equities and easing commodity prices hurting sentiment. In the absence of Wall Street cues... |
| Japan's central bank leaves key interest rate near zero, takes no action on strong yen TOKYO - Japan's central bank voted to keep interest rates near zero, holding off on further measures to tackle a strong yen that is undermining the country's fragile economic recovery. In an... |
| Earnings Watch: Updates, advisories and surprises 0.00% ) has sunk $102.3 million into the plot as part of early preparations for construction, even though it doesn't technically own the land, according to a Wall Street Journal report. It's not... |
| Asian stocks down, but recovery worries are easing Asian stock markets fell in early trading Tuesday but losses were limited on easing worries over the pace of the global economic recovery.Japan's benchmark Nikkei 225 stock index declined 50.19... |
| Jailed Russian oil tycoon claims Kremlin pressure forced Big 4 accounting firm PwC to adjust audits Jailed Russian oil tycoon claims Kremlin pressure forced Big 4 accounting firm PwC to adjust audits By Finfacts Team Sep 7, 2010 - 6:25:57 AM ... |
