Business and Finance News
- 20 oil basins discovered in Indonesia
The Shanghai News.Net
At least 20 new basins of oil and gas have been found in eastern Indonesia.
- Australian banks reduce interest rates
The Shanghai News.Net
Australia's big four banks have dropped their fixed interest rates as the pressure on funding costs ease.
- Religious holy month brings roster changes
The Shanghai News.Net
Bahraini authorities have issued a new order specifying the working hours at government offices and other establishments during the Islamic holy month of Ramadan.
- Microsoft browser features new privacy mode
The Shanghai News.Net
The latest version of Microsoft's Internet browser includes a piece of software that allows users to surf the Web without leaving a trace.
- Pop singer sued over film loan
The Shanghai News.Net
Pop superstar Madonna has been sued by financier Jay Dykes Jr. who alleges that she has failed to repay a loan of over $400,000 that she took to make a movie in 2006.
- U.S. stock markets close in positive territory
The Shanghai News.Net
U.S. equity markets had a rare up day Wednesday with all indices finishing in the black.
- Fannie Mae fights back but loses executives
The Shanghai News.Net
Mortgage finance giant Fannie Mae has made changes to its executive ranks, after investors appeared less certain a government bailout of the company might be imminent.
- Durable goods statistics improve in US
The Shanghai News.Net
New orders for long-lasting US manufactured goods rose by a surprise 1.4% in July, led by a big increase in civilian aircraft sales.
- Bangladesh scientists turn waste into oil
The Shanghai News.Net
Scientists in Bangladesh have developed ways to produce petroleum from degradable organic municipal waste and are now studying its feasibility before going to commercial production.
- Qatar National buys stake in Dubai bank
The Shanghai News.Net
Qatar National Bank has bought 24 per cent of Dubai's Commercial Bank International for US$302 million.
- Microsoft unveils Internet Explorer 8, its response to Firefox
The Shanghai News.Net
Microsoft has unveiled a trial version of a new Internet Explorer designed to fight the growing challenge from Firefox.
- RBC earnings off by 10%
CBC News
Royal Bank of Canada said its third-quarter profit tumbled by 10 per cent as rising loan losses and writedowns pulled down earnings. The biggest of Canada's chartered banks, Royal Bank said it made...
- Banking stocks up as New York boosts FTSE 100
Guardian
... an exciting position that is critical to the business management of the hardware engineering organizations successful development of new products while ensuring... .
- Investors Real Estate Trust Announces 1st Quarter Fiscal 2009 Earnings Conference Call
Market Wire
... at 9:00 a.m. Central Daylight Time, to discuss the Company's 1st quarter fiscal year 2009 financial and operating results. ...
- Security flaw exposes private data
San Diego Union-Tribune
The entrance to the Apple store is shown on New York's Fifth Ave. this week. A security flaw in Apple Inc's iPhone allows unauthorized users to gain easy access to private contacts and e-mails. NEW...
- Clean, green, going nowhere
MSNBC
But natural gas cars have their limitations. The GX is the only production car available in the United States that runs on compressed natural gas, or CNG, and is sold only in New York and California...
- Pakistan stocks rise after exchange sets price floor
MarketWatch
Pakistani equities climbed Thursday, breaking a long losing streak after the Karachi Stock Exchange imposed an emergency floor under share prices aimed at stemming the...
- Boeing prepares to make final contract offer
Reuters
Stock Buzz ) will present a final contract offer to its largest labor union as early as Thursday, hoping to prevent a strike that could cost the company $3 billion a month.
- Young workers show poor commitment to save
MSNBC
It could be a major problem. Workers in their 20s and 30s using their retirement funds to pay credit card debt and home mortgages instead of leaving it alone to accumulate.
- U.S. dollar down gold up in European morning trading
San Diego Union-Tribune
Anti-drug activists want the Del Mar Fairgrounds to crack down on marijuana smoking at concerts. If you have an opinion and are willing to be quoted by name, please contact staff writer Terry Rodgers...
- Sector rises with broader market on positive economic news
Market Watch
Technology stocks stepped decisively into positive territory early Thursday morning, boosted by positive economic news that also pushed the broader market higher.
- London Facing Bus Strike Chaos
Sky News
The 24-hour walkout will start at 3am is expected to bring travel chaos to the capital. It involves 2,500 staff at First Capital East Buses and First Centrewest Buses. Their union - Unite - says...
- Tel Aviv trades lower as Bank Hapoalim posts weaker earnings
Market Watch
The pullback in Israeli stocks carried into a third session Thursday as Bank Hapoalim reported second-quarter earnings that came in below analysts' expectations, and as...
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