Posted 13 minutes ago
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West Virginia Wins Big East; Houston Gets NCAA BerthBloombergMarch 14 (Bloomberg) -- Da'Sean Butler hit for two points in the final four seconds to give the University of West Virginia a 60-58 win ... and more » [Link]
Posted 19 minutes ago
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Pacquiao Beats Clottey to Defend Welterweight TitleBloombergMarch 14 (Bloomberg) -- Filipino Manny Pacquiao out-punched Ghana's Joshua Clottey to win a unanimous decision from ... and more » [Link]
Posted 29 minutes ago
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Wen Rebuffs Yuan Calls, Is 'Worried' About DollarBloombergBy Bloomberg News March 14 (Bloomberg) -- Chinese Premier Wen Jiabao rebuffed calls for the yuan to appreciate and sought assurances that the US will ... and more » [Link]
Posted 74 minutes ago
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Thai Protesters Mass to Oust Premier, Pledge MarchesBloombergMarch 14 (Bloomberg) -- Thai anti-government protesters gathered in Bangkok to pressure Prime Minister Abhisit ... and more » [Link]
Posted 75 minutes ago
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China Offshore Oil to Sign at Least 3 Long-Term LNG ContractsBloombergBy Bloomberg News March 14 (Bloomberg) -- China National Offshore Oil Corp. will sign at least three long-term liquified natural gas contracts this year, ... and more » [Link]
Posted 92 minutes ago
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China Higher-Than-Expected CPI Hasn't Altered PolicyBloombergBy Bloomberg News March 14 (Bloomberg) -- China's higher-than-expected inflation data hasn't altered the central bank's policy plans, bank Governor Zhou ... and more » [Link]
Posted 2 hours ago
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Chinese Coal Price May Rise to Trade Near Spot, Macquarie SaysBloombergMarch 13 (Bloomberg) -- Steel mills in China, the world's biggest producer of the alloy, may pay more for domestic coking coal this year ... and more » [Link]
Posted 2 hours ago
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Kissinger Released From Seoul Hospital After Overnight StayBloombergMarch 14 (Bloomberg) -- Henry Kissinger, former US secretary of state, was released from a South Korean hospital after an overnight stay and ... and more » [Link]
Posted 2 hours ago
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Pelosi Signals Goal of Passing Health Measure Before Obama TripBloombergMarch 14 (Bloomberg) -- US House Speaker Nancy Pelosi signaled that she will seek passage this week of legislation ... and more » [Link]
Posted 2 hours ago
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Storms Probably Hurt Production, Housing: US Economy PreviewBloombergMarch 14 (Bloomberg) -- Blizzards on the East Coast and harsh weather in other parts of the US probably impeded manufacturing and construction ... and more » [Link]
Posted 2 hours ago
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China's Higher-Than-Expect CPI Hasn't Altered Policy, Zhou SaysBloombergBy Bloomberg News March 14 (Bloomberg) -- China's higher-than-expected inflation data hasn't altered the central bank's policy plans, bank Governor Zhou ... [Link]
Posted 3 hours ago
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France's Lagarde Doubts Any Decision This Week on Aid to GreeceBloombergMarch 14 (Bloomberg) -- French Finance Minister Christine Lagarde said she doubts European Union finance ministers will make any decision ... and more » [Link]
Posted 3 hours ago
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Wen Says His Conscience Is Clear Over China Climate-Summit RoleBloombergBy Bloomberg News March 14 (Bloomberg) -- Chinese Premier Wen Jiabao defended China's conduct at the December climate-change meeting in Copenhagen, ... and more » [Link]
Posted 4 hours ago
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Top Seed Kuznetsova Loses Opening Match in Indian Wells TennisBloombergKuznetsova had seven double faults and no aces, and dropped her serve six times in the second-round match today in Indian Wells, California. ... and more » [Link]
Posted 4 hours ago
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China's Wen Rebuffs Yuan Calls, Is 'Still Worried' About DollarBloombergBy Bloomberg News March 14 (Bloomberg) -- Chinese Premier Wen Jiabao rebuffed calls for the yuan to appreciate and sought assurances that the US will ... and more » [Link]
Posted 5 hours ago
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Indonesia's Moluccas Hit by 6.4-Magnitude Earthquake, USGS SaysBloombergMarch 14 (Bloomberg) -- A 6.4-magnitude earthquake hit Indonesia's Moluccas, or Spice Islands, at 9:57 am local time, according to a preliminary ... and more » [Link]
Posted 7 hours ago
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Tatts May Be Interested in Tabcorp's Wagering UnitBloombergMarch 14 (Bloomberg) -- Tatts Group Ltd., Australia's third-largest gambling company, said it would be interested in the wagering unit of ... and more » [Link]
Posted 7 hours ago
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UK Liberal Democrats to Seek UK Tax, Electoral ReformBloombergMarch 14 (Bloomberg) -- Nick Clegg, leader of the UK's opposition Liberal Democrat Party, will today outline his four priorities if his ... and more » [Link]
Posted 8 hours ago
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Swan Says Tax Review Will Be Released by Budget TimeBloombergMarch 14 (Bloomberg) -- Australia will release the results of the Henry tax review by the time the federal budget is released in mid-2010, ... and more » [Link]
Posted 8 hours ago
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Thai Protesters Mass to Oust Premier, Pledge MarchesBloombergMarch 14 (Bloomberg) -- Thai anti-government protesters aim to gather a million people in Bangkok today to pressure ... [Link]
Posted 8 hours ago
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Michael Lewis Casts Short-Sellers as Slump's Heroes (Correct)BloombergMarch 13 (Bloomberg) -- Twenty years ago, when I worked at Salomon Brothers, every person on Wall Street had read two books: Frank J. Fabozzi's “Fixed ... [Link]
Posted 11 hours ago
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Airbus A330s Get Safety Mandate From EASA; FAA to FollowBloombergMarch 13 (Bloomberg) -- European regulators ordered airlines flying Airbus SAS A330s with Rolls-Royce Plc engines to take precautionary ... and more » [Link]
Posted 11 hours ago
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Lula to Tell Court He Was Alerted on Alleged Bribes, Folha SaysBloombergMarch 13 (Bloomberg) -- Brazilian President Luiz Inacio Lula da Silva will tell the nation's Supreme Court that former lawmaker ... [Link]
Posted 11 hours ago
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RBS Picks Buyers for Some Private-Equity Investments, FT SaysBloombergMarch 13 (Bloomberg) -- Royal Bank of Scotland Group Plc has picked buyers for some of its investments in ... [Link]
Posted 11 hours ago
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BA Won't Let Union Ruin Airline, CEO Walsh WritesBloombergMarch 13 (Bloomberg) -- British Airways Plc will not ground its fleet because of strike threats and the Unite labor union will not be ... and more » [Link]
Posted 11 hours ago
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Draghi Asks Italy Banks to Favor Lifting Capital Over DividendsBloombergMarch 13 (Bloomberg) -- Bank of Italy Governor Mario Draghi asked the country's banks to cut back on dividends and use their ... and more » [Link]
Posted 12 hours ago
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Trichet Says Rating Firms Will Respect 'Courageous' Greece PlanBloombergMarch 13 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said Greece's plan to cut the euro-area's ... and more » [Link]
Posted 12 hours ago
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Yellen, Raskin, Diamond May Help Bernanke Exit StimulusBloombergMarch 13 (Bloomberg) -- President Barack Obama's likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke ... and more » [Link]
Posted 12 hours ago
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Deutsche Bank CFO Rules Out 'Big Acquisition,' BZ ReportsBloomberg“We have always said that a big acquisition, such as for example the Postbank, is not included in our capital plans,” Krause told the ... and more » [Link]
Posted 13 hours ago
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Iraq's Al-Maliki Has Upper Hand in Forming GovernmentBloombergMarch 13 (Bloomberg) -- An alliance led by Iraq's incumbent Prime Minister Nouri al-Maliki leads in Baghdad and ... and more » [Link]
Posted 13 hours ago
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Iraq's Al-Maliki Has Upper Hand in Forming Government (Correct)BloombergMarch 13 (Bloomberg) -- An alliance led by Iraq's incumbent Prime Minister Nouri al-Maliki leads in Baghdad and ... [Link]
Posted 13 hours ago
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Argentina Aims to Swap Defaulted Debt in March, Lorenzino SaysBloombergMarch 13 (Bloomberg) -- Argentina aims to carry out an exchange of about $20 billion of defaulted bonds by the end ... and more » [Link]
Posted 13 hours ago
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Bernanke Stimulus Exit May Be Aided by Yellen, RaskinBloombergMarch 13 (Bloomberg) -- President Barack Obama's likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke ... and more » [Link]
Posted 14 hours ago
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BAE Loses UK Defense Contract to General Dynamics, FT SaysBloombergMarch 13 (Bloomberg) -- BAE Systems Plc lost a UK Ministry of Defence contract for armored vehicles worth more than 1 billion pounds ... and more » [Link]
Posted 15 hours ago
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Vatican to Drop Statute of Limitations for Pedophile PriestsBloombergMarch 13 (Bloomberg) -- The Vatican's chief prosecutor will remove the statute of limitations for priests accused of child ... and more » [Link]
Posted 16 hours ago
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Lehman's Hidden Leverage 'Shenanigans' May Haunt FuldBloombergMarch 13 (Bloomberg) -- Lehman Brothers Holdings Inc.'s Richard Fuld exuded confidence as he briefed analysts on June 16, ... and more » [Link]
Posted 16 hours ago
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Bernanke Stimulus Exit May Be Aided by Yellen, RaskinBloombergMarch 13 (Bloomberg) -- President Barack Obama 's likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke ... and more » [Link]
Posted 16 hours ago
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Lehman Report Points Way to Plaintiffs, Not Prison, Lawyers SayBloombergMarch 13 (Bloomberg) -- A 2200-page bankruptcy report a year in the making may point the way for plaintiffs looking to ... and more » [Link]
Posted 16 hours ago
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Overweight Preteens More Likely to Eat School-Provided LunchesBloombergMarch 13 (Bloomberg) -- Students who regularly eat lunch provided by their schools are more likely to be overweight and have higher ... and more » [Link]
Posted 16 hours ago
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Kissinger Is Recovering From Stomach Pains in SeoulBloombergMarch 13 (Bloomberg) -- Henry Kissinger, former US secretary of state, is in stable condition in a South Korean hospital after being ... and more » [Link]
Posted 16 hours ago
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World Trade Center Collapse May Be Linked to Heart DisorderBloombergMarch 13 (Bloomberg) -- Police officers who worked at the World Trade Center site in the weeks following its collapse from the Sept. ... and more » [Link]
Posted 16 hours ago
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US Stocks Rally Sends S&P 500 to Highest Level Since 2008BloombergMarch 13 (Bloomberg) -- US stocks rose, pushing the Standard & Poor's 500 Index to a 17-month high, as Citigroup Inc. led a rally among ... and more » [Link]
Posted 16 hours ago
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Iraq's Al-Maliki Has Upper Hand in Forming GovernmentBloombergMarch 13 (Bloomberg) -- An alliance led by Iraq's incumbent Prime Minister Nouri al-Maliki's leads in Baghdad and ... and more » [Link]
Posted 18 hours ago
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Obama's 'No Child' Overhaul Would Reward Schools for ProgressBloombergMarch 13 (Bloomberg) -- Education Secretary Arne Duncan unveiled a plan that would tie $28 billion in federal ... and more » [Link]
Posted 18 hours ago
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Gala Coral Refinancing to Cut Debt 29 Percent to $2.8 BillionBloombergMarch 13 (Bloomberg) -- Gala Coral Group Ltd. will cut debt by 29 percent after its lenders agreed to inject cash, as a report said ... and more » [Link]
Posted 18 hours ago
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Bosch Aims at Car Unit Sales of EU45 Mln, Automobilwoche SaysBloombergMarch 13 (Bloomberg) -- Robert Bosch GmbH, the world's biggest car-parts maker, aims to raise the revenue of its car unit to 45 million ... [Link]
Posted 19 hours ago
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Vettel Wins Pole Position for Season-Opening Bahrain Grand PrixBloombergMarch 13 (Bloomberg) -- Red Bull's Sebastian Vettel took pole position for tomorrow's Bahrain Grand Prix, the opening race of the 2010 Formula ... and more » [Link]
Posted 19 hours ago
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Obama to Propose New Plan to Raise Education Standards in USBloombergMarch 13 (Bloomberg) -- President Barack Obama said he will send Congress a plan to update the US government's main education aid ... and more » [Link]
Posted 20 hours ago
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UK Held to Ransom by Ratings 'Clowns,' Cable SaysBloombergMarch 13 (Bloomberg) -- Vince Cable, who speaks for the UK's opposition Liberal Democrat Party on Treasury matters, attacked ratings ... and more » [Link]
Posted 20 hours ago
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BAA May Sell Property Assets to Scottish Widows, Reuters SaysBloombergMarch 13 (Bloomberg) -- BAA Airports Ltd. is in exclusive talks with Scottish Widows Investment Partnership on a possible sale of property ... [Link]
Posted 21 hours ago
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Billionaire Singh's Fortis Advances on Parkway Stake PurchaseBloombergMarch 12 (Bloomberg) -- Fortis Healthcare Ltd., India's most valuable hospital chain, rose to a record after it agreed to ... and more » [Link]
Posted 21 hours ago
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China Inflation 'Mild, Controllable,' Official SaysBloombergBy Bloomberg News March 13 (Bloomberg) -- Chinese inflation is “mild and controllable,” Assistant Commerce Minister Fang Aiqing said today after a report ... and more » [Link]
Posted 22 hours ago
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DFS Auction Complicated Over Kirkham's Future Role, FT SaysBloombergMarch 13 (Bloomberg) -- Bidders for DFS Furniture Co., which may be sold for 500 million pounds ($758 million), are wary about the ... and more » [Link]
Posted 22 hours ago
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Google '99.9 Percent' Sure to Shut Down in ChinaBloombergBy Chia-Peck Wong March 13 (Bloomberg) -- Google Inc. has drawn up detailed plans to shut its search engine in China and is “99.9 percent” certain of going ... and more » [Link]
Posted 23 hours ago
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Google '99.9 Percent' Sure to Shut Down in China, FT SaysBloombergMarch 13 (Bloomberg) -- Google Inc. has drawn up detailed plans to shut its search engine in China and is “99.9 percent” ... [Link]
Posted 23 hours ago
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Summers Finds 'Considerable Satisfaction' in Recovery ProgressBloombergMarch 13 (Bloomberg) -- White House economic adviser Lawrence Summers said he finds satisfaction in the economy's turnaround from its ... and more » [Link]
Posted 23 hours ago
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N. Korea Set to Distribute Successor's Portraits, Yonhap SaysBloombergMarch 13 (Bloomberg) -- North Korea is preparing to distribute portraits of Kim Jong Un, the potential heir to leader Kim Jong Il, ... and more » [Link]
Posted 24 hours ago
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European Stocks Climb for a Second Week as Greece Concern FadesBloombergMarch 13 (Bloomberg) -- European stocks rose for a second week, sending the Stoxx Europe 600 Index to the highest level in more than seven ... and more » [Link]
Posted 25 hours ago
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Henin Loses in Second Round of Indian Wells Tennis TournamentBloombergHenin, a 27-year-old Belgian, had made the final of her two other tournaments -- including the Australian Open -- since ending a 20-month ... and more » [Link]
Posted 26 hours ago
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Record Advance in S&P 500 Futures Shows Confidence in EconomyBloombergMarch 13 (Bloomberg) -- The longest-ever gain in futures linked to the Standard & Poor's 500 Index shows growing ... and more » [Link]
Posted 26 hours ago
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International Buyers Boost Muni Holdings 50% on Build AmericaBloombergMarch 13 (Bloomberg) -- Foreign investors boosted their holdings of US municipal debt by about 50 percent in 2009, to $60.6 billion, ... and more » [Link]
Posted 26 hours ago
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Thai Protesters Gather in Effort to Topple AbhisitBloombergMarch 13 (Bloomberg) -- Thousands of Thai protesters began converging on Bangkok today for a weekend rally that aims ... and more » [Link]
Posted 26 hours ago
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Kissinger Is Recovering From Stomach Pains at SeoulBloombergMarch 13 (Bloomberg) -- Henry Kissinger, former US secretary of state, is in stable and not serious condition in a South Korean hospital ... and more » [Link]
Posted 26 hours ago
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Loonie Approaches Parity on Bets Central Bank to Increase RatesBloombergMarch 13 (Bloomberg) -- Canada's dollar came the closest to parity with its US counterpart since July 2008 as traders ... and more » [Link]
Posted 26 hours ago
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Clinton Calls Netanyahu to Condemn Israeli Settlement PlanBloombergMarch 13 (Bloomberg) -- US Secretary of State Hillary Clinton called Israeli Prime Minister Benjamin Netanyahu to ... and more » [Link]
Posted 26 hours ago
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Trichet Says Rating Firms Will Respect 'Courageous' Greece PlanBloombergMarch 13 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said Greece's plan to cut the euro-area's ... and more » [Link]
Posted 26 hours ago
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Dollar, Yen Drop as Appetite for Higher-Yield Assets IncreasesBloombergMarch 13 (Bloomberg) -- The dollar and yen fell versus all of their major counterparts as concern eased Greece would default and European ... and more » [Link]
Posted 26 hours ago
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Michael Lewis Casts Risk-Eating Short-Sellers as Slump's HeroesBloombergMarch 13 (Bloomberg) -- Twenty years ago, when I worked at Salomon Brothers, every person on Wall Street had read two books: Frank J. Fabozzi's “Fixed ... and more » [Link]
Posted 26 hours ago
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AIG Was Unprepared for Financial Crisis, Former Top Lawyer SaysBloombergMarch 13 (Bloomberg) -- American International Group Inc. was unprepared for the financial crisis that forced the insurer to accept ... and more » [Link]
Posted 26 hours ago
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Pelosi Signals Goal of Passing Health Measure Before Obama TripBloombergMarch 13 (Bloomberg) -- US House Speaker Nancy Pelosi signaled that she will seek passage next week of legislation ... and more » [Link]
Posted 26 hours ago
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Lehman Brothers 'Shenanigans' on Hidden Leverage May Haunt FuldBloombergMarch 13 (Bloomberg) -- Lehman Brothers Holdings Inc.'s Richard Fuld exuded confidence as he briefed analysts on June 16, ... and more » [Link]
Posted 26 hours ago
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Treasury Two-Year Notes Fall as Greece's Deficit Crisis EasesBloombergMarch 13 (Bloomberg) -- Treasury two-year notes dropped for a second consecutive week as European Union officials said ... and more » [Link]
Posted 26 hours ago
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Roomy Khan Cites Paris Hilton in Galleon Trading Case DefenseBloombergMarch 13 (Bloomberg) -- Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj ... and more » [Link]
Posted 26 hours ago
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Bernanke May Get Help Planning Exit With Fed Board SelectionsBloombergMarch 13 (Bloomberg) -- President Barack Obama's likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke ... and more » [Link]
Posted 26 hours ago
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Terra's Bid From CF Doubled After Rebuffs, Talks With RivalsBloombergMarch 13 (Bloomberg) -- Terra Industries Inc., the fertilizer maker selling itself to CF Industries Holdings Inc., will be paid more than ... and more » [Link]
Posted 26 hours ago
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Bankers to Flood Capitol Hill as Dodd Releases Overhaul BillBloombergMarch 13 (Bloomberg) -- About 900 bankers will converge on Capitol Hill next week for a conference that lobbyists say will give them a ... and more » [Link]
Posted 26 hours ago
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Hoyer Says US House Will Pass Senate Health Bill This MonthBloombergMarch 13 (Bloomberg) -- US House Majority Leader Steny Hoyer predicted his chamber will approve the Senate health-care overhaul this ... and more » [Link]
Posted 26 hours ago
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S&P 500 Futures Contract Advances for Record 11th Straight DayBloombergMarch 12 (Bloomberg) -- Futures linked to the Standard & Poor's 500 Index rose for an 11th straight day, ... and more » [Link]
Posted 27 hours ago
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Kissinger Is Recovering From Stomach Pains at Seoul HospitalBloombergMarch 13 (Bloomberg) -- Henry Kissinger, former US Secretary of State, is in stable and not serious condition in a Seoul hospital after ... [Link]
Posted 27 hours ago
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China Inflation Is Mild, Controllable, Official SaysBloombergBy Bloomberg News March 13 (Bloomberg) -- China's price increases are “mild and controllable,” Assistant Commerce Minister Fang Aiqin said today after data ... and more » [Link]
Posted 28 hours ago
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Japanese Bonds Decline as Recovery Optimism Sparks Stock RallyBloombergMarch 13 (Bloomberg) -- Japan's 10-year bonds fell, completing a second weekly decline, as Asian stocks joined a rally in global ... and more » [Link]
Posted 28 hours ago
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China May Face 'Massive' Bank Bailouts After Stimulus ProgramBloombergBy Bloomberg News March 13 (Bloomberg) -- China may be forced to bail out banks that made loans for local-government projects under the unprecedented ... and more » [Link]
Posted 28 hours ago
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Georgetown, West Virginia Reach Big East Final; Lehigh Gets BidBloombergMarch 13 (Bloomberg) -- Georgetown University and West Virginia University advanced to today's championship game of the Big East Conference ... and more » [Link]
Posted 28 hours ago
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Valley National Buys Two Banks in Two Days Amid Lender FailuresBloombergMarch 12 (Bloomberg) -- Valley National Bancorp , operator of more than 200 branches in New Jersey and New York City, acquired its second ... and more » [Link]
Posted 28 hours ago
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Chile May Borrow Abroad, Tap Its Copper Savings to RebuildBloombergMarch 13 (Bloomberg) -- Chilean President Sebastian Pinera plans to tap copper savings funds and may borrow abroad to pay for the ... and more » [Link]
Posted 29 hours ago
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Japan Considers Full-Body Scanners for Airports, Nikkei SaysBloombergBy Kiyori Ueno March 13 (Bloomberg) -- Japan's government is considering use of full-body scanners at domestic airports as part of efforts to prevent ... [Link]
Posted 30 hours ago
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Dell Sues Sharp, Hitachi Over Price-Fixing ClaimsBloombergMarch 12 (Bloomberg) -- Dell Inc., the third-biggest personal-computer maker, sued Sharp Corp., Hitachi Ltd. and three other liquid-crystal ... and more » [Link]
Posted 31 hours ago
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Asian Stocks Rise for Third Week on US Jobs, Recovery HopesBloombergMarch 13 (Bloomberg) -- Asian stocks rose, driving the MSCI Asia Pacific Index higher for a third week, as better-than- ... and more » [Link]
Posted 31 hours ago
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Roomy Khan Cites Paris Hilton, Had 2000 ArrestBloombergMarch 12 (Bloomberg) -- Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, ... and more » [Link]
Posted 31 hours ago
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Valley National Buys Two Banks in Two Days Amid Lender FailuresBloombergMarch 12 (Bloomberg) -- Valley National Bancorp, operator of more than 200 branches in New Jersey and New York City, acquired its second ... and more » [Link]
Posted 31 hours ago
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Toyota Rebuts House Lawmaker's Comment on Withholding RecordsBloombergMarch 13 (Bloomberg) -- Toyota Motor Corp. rebutted a comment by the chairman of a US House investigating ... and more » [Link]
Posted 31 hours ago
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Miners Rail Bid May Be Premium to State Sale, Australian SaysBloombergMarch 13 (Bloomberg) -- BHP Billiton Ltd., Rio Tinto Group and Xstrata Plc are among a group of coal producers that may offer a ... and more » [Link]
Posted 31 hours ago
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Toyota Rebuts House Lawmaker's Comment on Withholding RecordsBloombergMarch 12 (Bloomberg) -- Toyota Motor Corp. rebutted a comment by the chairman of a US House investigating ... [Link]
Posted 31 hours ago
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Toyota Says It's Upgrading Software That Reads Crash DataBloombergMarch 13 (Bloomberg) -- Toyota Motor Corp. said it is upgrading software that helps read information from devices used to record vehicle ... and more » [Link]
Posted 31 hours ago
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Apple's Cook Gets Bonus for Work During Jobs's LeaveBloombergMarch 12 (Bloomberg) -- Apple Inc. awarded Chief Operating Officer Tim Cook a one-time bonus of $5 million and 75000 restricted shares for ... and more » [Link]
Posted 31 hours ago
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Bernanke, Volcker to Testify on Fed Bank Supervision March 17BloombergMarch 12 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is scheduled to testify alongside one of his ... and more » [Link]
Posted 31 hours ago
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Most US Stocks Fall Following Decrease in Consumer ConfidenceBloombergMarch 12 (Bloomberg) -- Most US stocks fell, pulling the Standard & Poor's 500 Index down from a 17-month high, as a drop in consumer ... and more » [Link]
Posted 32 hours ago
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Lincoln National Doubles Salary of Chief Glass After TARP AidBloombergMarch 12 (Bloomberg) -- Lincoln National Corp. more than doubled the salary of Chief Executive Officer Dennis R. Glass, whose successful bid ... and more » [Link]
Posted 32 hours ago
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Lehman Report Points Way to Plaintiffs, Not Prison, Lawyers SayBloombergMarch 12 (Bloomberg) -- A 2200-page bankruptcy report a year in the making may point the way for plaintiffs looking to ... and more » [Link]
Posted 32 hours ago
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WaMu Falls on JPMorgan Settlement on Cash, Tax RefundBloombergMarch 12 (Bloomberg) -- Washington Mutual Inc. will collect at least $5.95 billion, less than the $20 billion estimated by shareholders, ... and more » [Link]
Posted 33 hours ago
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AIG Was Unprepared for Crisis, Former Top Lawyer SaysBloombergMarch 12 (Bloomberg) -- American International Group Inc. was unprepared for the financial crisis that forced the insurer to accept ... and more » [Link]
Posted 33 hours ago
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Most US Stocks Fall Following Decrease in Consumer ConfidenceBloombergThe average estimate of analysts surveyed by Bloomberg was for a first-quarter profit of 15 cents a share. Bank of America had the biggest decline in the ... and more » [Link]
Posted 33 hours ago
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US Economy: Sales Rise as Buyers Overcome Snow, Job ConcernsBloombergMarch 12 (Bloomberg) -- Americans braved blizzards and overcame job concerns to propel retail sales in February, ... [Link]
Posted 33 hours ago
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Prudential CEO's Bonus Doubles on Wells Fargo DealBloombergMarch 12 (Bloomberg) -- Prudential Financial Inc., the second-biggest US life insurer, said John Strangfeld's bonus more than doubled ... and more » [Link]
Posted 33 hours ago
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Holder Failed to Disclose Seven Legal Briefs to US SenateBloombergMarch 12 (Bloomberg) -- Attorney General Eric Holder failed to give senators considering his nomination last year at least seven Supreme ... and more » [Link]
Posted 33 hours ago
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Prudential Chief Strangfeld's Bonus Surges as Stock ClimbsBloombergMarch 12 (Bloomberg) -- Prudential Financial Inc., the second-biggest US life insurer, said John Strangfeld's bonus more than doubled ... and more » [Link]
Posted 33 hours ago
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Canada Stocks Rise as Canada Jobs, US Sales Surpass ForecastsBloombergMarch 12 (Bloomberg) -- Canadian stocks rose for a third day, extending a weekly gain, after data on US retail sales and employment in ... and more » [Link]
Posted 33 hours ago
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Argentine Prices Rise at Fastest Pace Since 2006BloombergMarch 12 (Bloomberg) -- Argentine consumer prices rose in February at the fastest pace in almost four years, led by higher costs for ... [Link]
Posted 33 hours ago
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Holder Didn't Disclose Seven Legal Briefs to SenateBloombergMarch 12 (Bloomberg) -- Attorney General Eric Holder failed to give senators considering his nomination last year at least ... and more » [Link]
Posted 33 hours ago
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Loan Modification Plan Sheds 8 Percent of Borrowers (Correct)BloombergMarch 12 (Bloomberg) -- The Obama administration's foreclosure prevention program shed 8.2 percent of the almost 1.1 million borrowers who arranged trial ... and more » [Link]
Posted 33 hours ago
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Chile May Tap Savings, Sell Debt to Pay Quake LossesBloombergMarch 12 (Bloomberg) -- Chile plans to tap its copper savings funds and may borrow abroad to pay for the estimated $30 billion cost of ... and more » [Link]
Posted 33 hours ago
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Asian Currencies Rally for Fifth Week as Recovery Spurs InflowsBloombergMarch 13 (Bloomberg) -- Asian currencies rallied this week, led by the Malaysian ringgit and South Korea's won, as improving economic data ... and more » [Link]
Posted 33 hours ago
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China Calls Google's Censorship Plan 'Irresponsible'BloombergBy Bloomberg News March 12 (Bloomberg) -- China said Google Inc. would be “unfriendly and irresponsible” if it defies rules to censor online content, ... and more » [Link]
Posted 34 hours ago
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Monsanto May Have Antitrust Edge as Protecting Patents Trumps CompetitionBloombergMarch 12 (Bloomberg) -- Monsanto Co., facing antitrust probes into its genetically modified seeds, may benefit from ... and more » [Link]
Posted 34 hours ago
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JPMorgan, Citigroup Helped Doom Lehman, Report SaysBloombergMarch 12 (Bloomberg) -- JPMorgan Chase & Co. and Citigroup Inc. helped cause the failure of Lehman Brothers ... and more » [Link]
Posted 34 hours ago
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Emera to Acquire Maine & Maritimes for $75.7 MillionBloombergMarch 12 (Bloomberg) -- Emera Inc., the biggest electricity producer in Nova Scotia, agreed to buy Maine & Maritimes Corp. for $75.7 million ... and more » [Link]
Posted 34 hours ago
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Monsanto's Seed Patents May Trump Antitrust ClaimsBloombergMarch 12 (Bloomberg) -- Monsanto Co., facing antitrust probes into its genetically modified seeds, may benefit from ... and more » [Link]
Posted 34 hours ago
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NJ Revenue $471 Million Below Forecast for FY 2010BloombergMarch 12 (Bloomberg) -- New Jersey's revenue collections for the first eight months of this fiscal year were $471 million, or 2.8 percent, ... [Link]
Posted 35 hours ago
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Bovespa Index Drops as Rate Concern Overshadows Retailer RallyBloombergMarch 12 (Bloomberg) -- Brazil's Bovespa stock index dropped for a second day, led by financial companies, on concern the central bank ... [Link]
Posted 36 hours ago
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Trichet Says Rating Firms Will Respect 'Courageous' Greece PlanBloombergMarch 12 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said Greece's plan to cut the euro-area's ... [Link]
Posted 36 hours ago
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Aussie Gains Second Week, Nears January Highs Versus DollarBloombergMarch 12 (Bloomberg) -- The Australian currency strengthened for a second consecutive week as traders bet accelerating growth will ... and more » [Link]
Posted 37 hours ago
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Iraq's Al-Maliki Leads in Baghdad in Split ResultsBloombergMarch 13 (Bloomberg) -- Iraqi Prime Minister Nouri al- Maliki's coalition leads in a partial count of the ... and more » [Link]
Posted 37 hours ago
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Amylin's Byetta Plant Faulted Over Quality ControlBloombergMarch 12 (Bloomberg) -- Amylin Pharmaceuticals Inc.'s plant that makes a proposed new version of the diabetes drug ... and more » [Link]
Posted 37 hours ago
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Financial Products Will Face Earlier Scrutiny, FSA's Sants SaysBloombergMarch 12 (Bloomberg) -- The UK financial regulator pledged earlier and more aggressive intervention on how consumers are sold financial ... [Link]
Posted 37 hours ago
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Vikings Coach Childress Denies Leaking Drug ResultsBloombergMarch 12 (Bloomberg) -- Minnesota Vikings coach Brad Childress testified today that he wasn't the source of leaked ... and more » [Link]
Posted 37 hours ago
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Sanofi, Bristol-Myers Strengthen Warning on PlavixBloombergMarch 12 (Bloomberg) -- Sanofi-Aventis SA and Bristol-Myers Squibb Co. upgraded a warning for the blood thinner ... and more » [Link]
Posted 37 hours ago
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Michael Lewis Casts Short-Sellers as Slump's Heroes (Correct)BloombergMarch 12 (Bloomberg) -- Twenty years ago, when I worked at Salomon Brothers, every person on Wall Street had read two books: Frank J. Fabozzi's “Fixed ... and more » [Link]
Posted 37 hours ago
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British Airways Cabin-Crew Union Calls 7-Day StrikeBloombergMarch 12 (Bloomberg) -- British Airways Plc's 12000 flight attendants will strike for seven days starting on March 20 after talks about ... and more » [Link]
Posted 37 hours ago
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Canada Finds Mad Cow Disease in Animal in AlbertaBloombergMarch 12 (Bloomberg) -- Canada confirmed its 17th case of mad cow disease since 2003, in a 6-year-old beef cow in Alberta. ... and more » [Link]
Posted 37 hours ago
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New York, Washington to Get Soaking Through WeekendBloombergMarch 12 (Bloomberg) -- Soaking rain from a slow-moving storm will spread across the northeastern US today, leaving as much as 4 inches ... and more » [Link]
Posted 38 hours ago
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Krugman Says China Yuan Policy Depresses Global Economic GrowthBloombergMarch 12 (Bloomberg) -- Nobel Prize-winning economist Paul Krugman said global economic growth would be about 1.5 percentage points ... [Link]
Posted 38 hours ago
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Arauco Says Chile Quake Was 'Force Majeure Event'BloombergMarch 12 (Bloomberg) -- Celulosa Arauco y Constitucion SA, the world's second-biggest pulp producer, said a Feb. 27 earthquake and tsunami ... [Link]
Posted 38 hours ago
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Loan Market Reaches 20-Month High, Interest Cost DipsBloombergMarch 12 (Bloomberg) -- The high-yield, high-risk leveraged loan market reached a more than 20-month high as companies, such as Fresenius ... and more » [Link]
Posted 38 hours ago
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US Economy: Sales Rise as Buyers Overcome Snow, Job ConcernsBloombergMarch 12 (Bloomberg) -- Americans braved blizzards and overcame job concerns to propel retail sales in February, ... [Link]
Posted 38 hours ago
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Retail Sales in US Unexpectedly Rose in February as Shoppers Braved SnowBloombergMarch 12 (Bloomberg) -- Americans braved blizzards and overcame job concerns to propel retail sales in February, ... and more » [Link]
Posted 38 hours ago
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Lojas Americanas Profit Beats Estimates; Shares GainBloombergMarch 12 (Bloomberg) -- Lojas Americanas SA, Brazil's biggest discount retailer, jumped the most on Brazil's Bovespa ... and more » [Link]
Posted 38 hours ago
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Rajaratnam Co-Defendant Chiesi Seeks Separate TrialBloombergMarch 12 (Bloomberg) -- Danielle Chiesi, a co-defendant of Galleon Group co-founder Raj Rajaratnam in the biggest hedge- fund ... and more » [Link]
Posted 38 hours ago
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UK Real Estate Reports First Annual Rise Since 2007BloombergMarch 12 (Bloomberg) -- UK commercial real estate values rose for the first time on an annual basis in two-and-a-half years as rent ... and more » [Link]
Posted 38 hours ago
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AVEO Pharmaceuticals IPO Raises 23% Less Than SoughtBloombergMarch 12 (Bloomberg) -- AVEO Pharmaceuticals Inc., which is developing a treatment for kidney cancer, sold $81 million of ... and more » [Link]
Posted 38 hours ago
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Barclays' Lehman Bid Faced UK FSA Review of Liquidity IssuesBloombergMarch 12 (Bloomberg) -- The UK financial regulator told Barclays Plc in September 2008 that an acquisition of Lehman Brothers Holdings ... and more » [Link]
Posted 38 hours ago
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UK Stocks Rise, Extending Weekly Gain; RBS Climbs (Correct)BloombergMarch 12 (Bloomberg) -- UK stocks gained, extending a second weekly increase for the benchmark FTSE 100 Index, as financial shares advanced ... and more » [Link]
Posted 38 hours ago
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UK Commercial Property Values Climb 2.7% in a YearBloombergMarch 12 (Bloomberg) -- UK commercial property values rose for the first time on an annual basis in two-and-a-half years as rent ... and more » [Link]
Posted 38 hours ago
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Greek Budget Deficit Narrows, Before EU Deadline on Fiscal PlanBloombergMarch 12 (Bloomberg) -- Greece's budget deficit narrowed in the first two months of the year, the government said today before a European ... and more » [Link]
Posted 38 hours ago
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Elia Buys German Grid, Beating Allianz, Deutsche BankBloombergMarch 12 (Bloomberg) -- Elia System Operator NV, Belgium's high-voltage power grid operator, and Industry Funds Management Ltd. beat out ... and more » [Link]
Posted 39 hours ago
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Most US Stocks Fall Following Decrease in Consumer ConfidenceBloombergThe average estimate of analysts surveyed by Bloomberg was for a first-quarter profit of 15 cents a share. Bank of America had the biggest decline in the ... and more » [Link]
Posted 41 hours ago
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CF Industries, Terra Industries Agree to CombineBloombergTerra agreed to the offer of $37.15 in cash and 0.0953 of a share of CF Industries common stock for each share of Terra common stock ... [Link]
Posted 41 hours ago
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Emera to Acquire Maine & Maritimes for $75.7 MillionBloombergMarch 12 (Bloomberg) -- Emera Inc., the biggest electricity producer in Nova Scotia, agreed to buy Maine & Maritimes Corp. for $75.7 million ... [Link]
Posted 41 hours ago
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US Michigan Consumer Sentiment Index Fell to 72.5BloombergMarch 12 (Bloomberg) -- Confidence among US consumers unexpectedly declined for a second month in March, a sign Americans are ... [Link]
Posted 41 hours ago
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Obama Delays Asia Trip as Health-Care Measure Faces New HurdleBloombergMarch 12 (Bloomberg) -- President Barack Obama is delaying his trip to Asia to work on health-care legislation as ... and more » [Link]
Posted 41 hours ago
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US Michigan Consumer Sentiment Index Fell to 72.5 in MarchBloombergMarch 12 (Bloomberg) -- The Reuters/University of Michigan preliminary March consumer sentiment index fell to 72.5 from a final ... [Link]
Posted 41 hours ago
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UK Stocks Advance, Extending Weekly Gain; Lloyds, RBS ClimbBloombergMarch 12 (Bloomberg) -- UK stocks rose, with the benchmark FTSE 100 Index headed for a second straight weekly gain, as financial shares ... and more » [Link]
Posted 41 hours ago
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Tom Tailor Starts Marketing IPO, Seeks March ListingBloombergMarch 12 (Bloomberg) -- Tom Tailor Holding AG, the German clothing company founded in 1962, will begin marketing an initial public ... and more » [Link]
Posted 41 hours ago
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Botswana to Lead Appeal Against United Nations Ban on IvoryBloombergMarch 12 (Bloomberg) -- Botswana and at least three other southern African nations will appeal to the United Nations next week to lift a ban ... and more » [Link]
Posted 41 hours ago
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Molefe Quits as CEO of Africa's Biggest Fund ManagerBloombergMarch 12 (Bloomberg) -- Brian Molefe has resigned as Chief Executive Officer of South Africa's Public Investment Corp., the continent's ... and more » [Link]
Posted 41 hours ago
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Canada Added More Jobs Than Forecast in February; Unemployment Rate FallsBloombergMarch 12 (Bloomberg) -- Canada created more jobs than expected in February and the jobless rate fell to a 10-month low, ... and more » [Link]
Posted 41 hours ago
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Advance in Stocks Stalls in US; Commodities, Dollar DropBloombergMarch 12 (Bloomberg) -- Most US stocks fell, halting a global advance, and commodities retreated as a drop in American ... and more » [Link]
Posted 41 hours ago
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Volvo's Renault Trucks May Ask for More Aid to Extend LayoffsBloombergMarch 12 (Bloomberg) -- Volvo AB, the world's second- largest truckmaker, may need more government support in France, where its Renault ... and more » [Link]
Posted 41 hours ago
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Retail Sales in US Unexpectedly Rose in FebruaryBloombergMarch 12 (Bloomberg) -- Sales at US retailers unexpectedly climbed in February as shoppers braved blizzards to get to the malls, ... [Link]
Posted 41 hours ago
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Brazil Yields Rise to 10-Month High as Investors Bet on RateBloombergMarch 12 (Bloomberg) -- Yields on Brazil's most-traded overnight interest-rate futures contract reached the highest level in more than 10 ... and more » [Link]
Posted 41 hours ago
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Crude Oil Rises as Dollar Weakens, IEA Boosts Demand OutlookBloombergMarch 12 (Bloomberg) -- Crude oil rose toward $83 a barrel in New York, poised for a second weekly gain, as the dollar weakened and the IEA ... and more » [Link]
Posted 41 hours ago
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Bovespa Futures Rise as Metals Gain, Gol Profit Beats EstimatesBloombergMarch 12 (Bloomberg) -- Brazil's Bovespa stock index futures rose, indicating the gauge may advance for a second week, as commodities ... and more » [Link]
Posted 41 hours ago
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SuperGroup to Use IPO Funds to Expand Store Chain, CEO SaysBloombergMarch 12 (Bloomberg) -- SuperGroup Plc, the UK operator of Superdry clothing stores, will use some of the money from its 120 million-pound ... and more » [Link]
Posted 41 hours ago
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Investors Have Turned Net Buyers of Greek Bonds, Citigroup SaysBloombergMarch 12 (Bloomberg) -- Investors have been net buyers for the past three weeks of bonds issued by Greece and other so- called ... and more » [Link]
Posted 41 hours ago
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German Drug-Price Cuts Winning Lawmaker Support, Minister SaysBloombergMarch 12 (Bloomberg) -- Germany is a step closer to cutting as much as 2 billion euros ($2.7 billion) in drug spending ... and more » [Link]
Posted 41 hours ago
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Oil Falls After US Consumer Sentiment Unexpectedly DeclinesBloombergMarch 12 (Bloomberg) -- Crude oil declined for the first time in three days after a report showed that confidence among US consumers ... and more » [Link]
Posted 41 hours ago
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Obama Delays Asia Trip to Work on Health Care, Official SaysBloombergMarch 12 (Bloomberg) -- President Barack Obama is delaying his trip to Asia by three days, until March 21, to work on getting health-care ... and more » [Link]
Posted 41 hours ago
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Marchionne Breaks With Hiring Strategy in Bringing Fiat to USBloombergMarch 12 (Bloomberg) -- Sergio Marchionne's hiring of former Volkswagen AG executive Laura Soave to reintroduce the Fiat ... and more » [Link]
Posted 41 hours ago
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European Stocks Rise, Extending Weekly Gain; Asian Shares ClimbBloombergMarch 12 (Bloomberg) -- European stocks advanced amid speculation the European Union will offer to bail out Greece and as US retail sales ... and more » [Link]
Posted 42 hours ago
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Retail Sales in US Unexpectedly Rose in February as Shoppers Braved SnowBloombergMarch 12 (Bloomberg) -- Sales at US retailers unexpectedly climbed in February as shoppers braved blizzards to get to the malls, ... and more » [Link]
Posted 42 hours ago
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US Stock-Index Futures Gain on Unexpected Rise in Retail SalesBloombergMarch 12 (Bloomberg) -- US stock-index futures extended gains after retail sales unexpectedly increased in February, adding to signs the ... [Link]
Posted 42 hours ago
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Retail Sales in US Unexpectedly Increased in FebruaryBloombergMarch 12 (Bloomberg) -- Sales at US retailers unexpectedly climbed in February as Americans braved blizzards to get to the malls, ... [Link]
Posted 42 hours ago
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Canada Job Growth Beats Forecasts; Currency SurgesBloombergMarch 12 (Bloomberg) -- Canada gained more jobs than expected in February, led by full-time positions, while the jobless rate ... and more » [Link]
Posted 42 hours ago
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EU Ministers Said to Discuss Bond Sales to Fund Any Greek RescueBloombergMarch 12 (Bloomberg) -- European Union finance ministers will discuss next week whether any Greek bailout should be funded by issuing EU ... and more » [Link]
Posted 43 hours ago
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Potash Corp. Rises After Boosting Profit ForecastBloombergMarch 12 (Bloomberg) -- Potash Corp. of Saskatchewan Inc. rose 6.9 percent in New York trading after boosting its forecast for ... [Link]
Posted 43 hours ago
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European Mobile-Phone Companies Need to Merge Networks, 3 SaysBloombergMarch 12 (Bloomberg) -- European mobile-phone companies need to share their networks to cut costs and meet increasing demand for ... [Link]
Posted 44 hours ago
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Most Indian Stocks Drop; Sensex Completes Fifth Week of GainsBloombergMarch 12 (Bloomberg) -- Most Indian stocks fell amid concern policy makers may withdraw liquidity to curb inflation as economic growth ... and more » [Link]
Posted 44 hours ago
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Bombings in Army Area of Pakistan's Lahore Kill 53BloombergMarch 12 (Bloomberg) -- Two suicide bombings in Pakistan's Lahore killed at least 53 people and wounded 95 others, ... [Link]
Posted 44 hours ago
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European Stocks Advance, Extending Second Weekly Gain; Asian Shares RiseBloombergMarch 12 (Bloomberg) -- European stocks rose, extending the Stoxx Europe 600 Index's second consecutive weekly advance, after a report the ... [Link]
Posted 44 hours ago
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Finnair in Norwegian Air Talks on Pact to Squeeze SASBloombergMarch 12 (Bloomberg) -- Finnair Oyj is seeking an agreement with Norwegian Air Shuttle ASA that would ... [Link]
Posted 44 hours ago
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Companies Poised to Issue Most Debt Since 2006: Canada CreditBloombergMarch 12 (Bloomberg) -- Canadian corporations are on a pace to issue the most debt during a first quarter in four years as they seek to ... [Link]
Posted 44 hours ago
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Promethean World Seeks $281 Million in Overbooked Initial SaleBloombergMarch 12 (Bloomberg) -- Promethean World Plc, the UK maker of electronic whiteboards whose chairman is Orange Plc co- founder Graham Howe, ... [Link]
Posted 44 hours ago
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BGC Can Hire Tullett Staff Next Month, Judge SaysBloombergMarch 12 (Bloomberg) -- BGC Partners Inc. may be able to hire employees from rival Tullett Prebon Plc as soon as next month, a London judge ... [Link]
Posted 44 hours ago
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British Airways Crews to Strike for Seven Days From March 20BloombergMarch 12 (Bloomberg) -- British Airways Plc's 12000 flight attendants will strike for seven days starting on March 20 after talks about ... [Link]
Posted 44 hours ago
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Dale Says UK Showing 'Tentative' Signs of Faster SpendingBloombergMarch 12 (Bloomberg) -- Bank of England Chief Economist Spencer Dale said the bank's 200 billion-pound ($303 billion) ... [Link]
Posted 44 hours ago
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Ratiopharm Beats 2009 Goal, Says Auction Feedback 'Positive'BloombergMarch 12 (Bloomberg) -- Ratiopharm GmbH, the German drugmaker being sold by the Merckle family, beat its own forecast ... [Link]
Posted 44 hours ago
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US to Abstain From Voting on Eskom World Bank LoanBloombergMarch 12 (Bloomberg) -- The US will abstain from voting on a $3.75 billion World Bank loan requested by South Africa's state-owned power ... and more » [Link]
Posted 44 hours ago
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Cheyne Fund Boosts Allocation of Low-Ranked UK MBS (Correct)BloombergMarch 12 (Bloomberg) -- Cheyne Capital Management (UK) LLP, a hedge fund firm which oversees $5.5 billion, is boosting the allocation of lower-rated British ... and more » [Link]
Posted 44 hours ago
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New York Draws Level With London as Finance Center, Report SaysBloombergMarch 12 (Bloomberg) -- London and New York hold equal first place in a ranking of global financial centers after the British capital lost its ... and more » [Link]
Posted 44 hours ago
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Bechtle Chief Predicts Profit Rise on Public SpendingBloombergMarch 12 (Bloomberg) -- Bechtle AG, the German computer and software retailer whose customers include the Federal Army, predicted 2010 ... and more » [Link]
Posted 44 hours ago
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German 2009 Household Spending Rose 0.4%, Driven by Car SalesBloombergMarch 12 (Bloomberg) -- German household spending rose 0.4 percent in 2009, driven by the government's “cash-for- clunkers” program. ... [Link]
Posted 44 hours ago
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Winnie Madikizela-Mandela Denies Criticizing Nelson MandelaBloombergMarch 12 (Bloomberg) -- Winnie Madikizela-Mandela, the former wife of Nelson Mandela, denied giving an interview in which she is reported ... and more » [Link]
Posted 44 hours ago
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Sub-Saharan African Stocks: Eaagads, Kakuzi, Nigeria BreweriesBloombergBy Eric Ombok and Vincent Nwanma March 12 (Bloomberg) -- Kenya's All-Share Index rose 1 percent to 68.36 by 1:15 pm in Nairobi, its highest level in 16 ... [Link]
Posted 44 hours ago
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US Will Abstain From Voting on Eskom's $3.75 Billion Loan, Minister SaysBloombergMarch 12 (Bloomberg) -- The US will abstain from voting on the $3.75 billion loan that the World Bank is considering awarding to power utility ... and more » [Link]
Posted 44 hours ago
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South African Gold Output Falls 5.8%, Making It Fourth BiggestBloombergMarch 12 (Bloomberg) -- Gold production in South Africa fell 5.8 percent in 2009 from a year earlier, making the nation the fourth-biggest ... and more » [Link]
Posted 44 hours ago
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European Stocks Rise, Extending Weekly Gain; Asian Shares ClimbBloombergMarch 12 (Bloomberg) -- European stocks rose, extending the Stoxx Europe 600 Index's second consecutive weekly advance, after a report the ... [Link]
Posted 44 hours ago
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Stocks Rise, Led by Emerging Markets; Gold Gains, Yen WeakensBloombergMarch 12 (Bloomberg) -- Stocks rose as commodity companies and banks drove the MSCI Emerging Markets Index to its fifth ... [Link]
Posted 44 hours ago
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Lojas Americanas Profit Rises, Paced by Online GrowthBloombergMarch 12 (Bloomberg) -- Lojas Americanas SA, Brazil's biggest discount retailer, said fourth-quarter profit rose 56 percent ... [Link]
Posted 44 hours ago
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South Africa's Central Bank Sees 'Subdued' RecoveryBloombergMarch 12 (Bloomberg) -- South Africa's the economy will probably make a “relatively subdued” recovery following the first recession in 17 ... [Link]
Posted 45 hours ago
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Buy Chinese Stocks Ahead of Rally, UBS Wealth SaysBloombergMarch 12 (Bloomberg) -- Chinese stocks traded in Hong Kong may gain as much as 20 percent this year and investors should take advantage of ... and more » [Link]
Posted 45 hours ago
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BSkyB Rises As Much as 4.9% on Report News Corp. May Make BidBloombergMarch 12 (Bloomberg) -- British Sky Broadcasting Plc, the UK's biggest pay-television provider, rose the most since October in London ... and more » [Link]
Posted 45 hours ago
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Baer Says Swiss, Europe Must Compromise to Settle Secrecy SpatBloombergMarch 12 (Bloomberg) -- Switzerland and the European Union should compromise to resolve a dispute over banking secrecy or risk losing the ... and more » [Link]
Posted 45 hours ago
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German Health Minister Sees 'Broad Agreement' on Drug ReformBloombergMarch 12 (Bloomberg) -- German Health Minister Philipp Roesler said lawmakers from Chancellor Angela Merkel's party came to “broad ... [Link]
Posted 45 hours ago
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Bell Falls Most in 5 Weeks on Loss; Cuts 36% of JobsBloombergMarch 12 (Bloomberg) -- Bell Equipment Ltd., South Africa's biggest maker of dump trucks and forklifts, fell the most in almost five weeks ... and more » [Link]
Posted 45 hours ago
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Rand to Rally 10% by July on Soccer World Cup, Growth, RBC SaysBloombergMarch 12 (Bloomberg) -- The rand will rally 10 percent in the next three months as improving economic growth in South Africa and hosting ... and more » [Link]
Posted 45 hours ago
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Rand Snaps Two-Day Slide Versus Dollar as Precious Metals GainBloombergMarch 12 (Bloomberg) -- South Africa's rand snapped a two- day decline against the dollar as precious metals prices advanced, ... and more » [Link]
Posted 45 hours ago
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Indonesia Credit Rating Raised to 12-Year High by S&P on Economic OutlookBloombergMarch 12 (Bloomberg) -- Indonesia's sovereign debt rating was raised to the highest level in 12 years by Standard & Poor's after the ... and more » [Link]
Posted 45 hours ago
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China May Be Forced Into 'Massive' Bank Bailouts After StimulusBloombergBy Bloomberg News March 12 (Bloomberg) -- China may be forced to bail out banks that made loans for local-government projects under the unprecedented ... and more » [Link]
Posted 45 hours ago
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Bechtle CEO Predicts Profit Rise This Year on Public SpendingBloombergMarch 12 (Bloomberg) -- Bechtle AG, the German computer and software retailer whose customers include the Federal Army, predicted 2010 ... and more » [Link]
Posted 45 hours ago
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European Industrial Output Increases Most in 20 YearsBloombergMarch 12 (Bloomberg) -- European industrial output rose the most in more than two decades in January as the reviving global economy prompted ... and more » [Link]
Posted 45 hours ago
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UK House Prices Climb at Fastest Pace Since 2002BloombergMarch 12 (Bloomberg) -- UK house prices increased in February at the fastest pace in more than seven years, research group Acadametrics ... and more » [Link]
Posted 45 hours ago
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Lindsey Vonn Wins Third Straight Overall World Cup Skiing TitleBloombergMarch 12 (Bloomberg) -- American Lindsey Vonn won her third straight overall World Cup skiing title by taking the final Super G race of the ... and more » [Link]
Posted 45 hours ago
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SAS, Unions Agree on 500 Million-Krona Cost Cuts; Shares JumpBloombergMarch 12 (Bloomberg) -- SAS Group, owner of the Nordic region's largest airline, reached a cost-saving agreement with unions, ... and more » [Link]
Posted 45 hours ago
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S. African Mining Company Halts Wineland Plan, Business Day SaysBloombergMarch 12 (Bloomberg) -- African Exploration Mining & Finance Corp., a state-owned South African miner, ended plans to prospect in the ... and more » [Link]
Posted 46 hours ago
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Twin Bombing in Army Area of Pakistan's Lahore Kills 20 PeopleBloombergMarch 12 (Bloomberg) -- Two suicide bombings in Pakistan's Lahore killed at least 20 people and wounded 45 others, ... [Link]
Posted 46 hours ago
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Cisco to Boost India Workforce Faster Than ElsewhereBloombergMarch 12 (Bloomberg) -- Cisco Systems Inc., the biggest network-equipment maker, plans to boost its workforce in India faster than anywhere ... [Link]
Posted 46 hours ago
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Nigeria Will Set Date for 2011 Vote on March 16, ThisDay SaysBloombergMarch 12 (Bloomberg) -- The timetable for Nigeria's general elections scheduled for next year will be announced on March 16, ThisDay reported. ... [Link]
Posted 46 hours ago
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Willcom Seeks $1.5 Billion to Emerge From BankruptcyBloombergMarch 12 (Bloomberg) -- Willcom Inc., the Japanese wireless carrier that filed for bankruptcy protection, ... and more » [Link]
Posted 46 hours ago
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German Stocks Gain as Deutsche Post, Volkswagen Advance; Tognum DeclinesBloombergMarch 12 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in ... and more » [Link]
Posted 46 hours ago
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Volkswagen Shares Rise for Second Day on Porsche Funding PlanBloombergMarch 12 (Bloomberg) -- Volkswagen AG, Europe's largest carmaker, gained for a second day in Frankfurt after announcing funding plans for ... [Link]
Posted 46 hours ago
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IEA Raises 2010 Oil Demand Estimate on Developing EconomiesBloombergMarch 12 (Bloomberg) -- The International Energy Agency raised its forecast for global oil demand this year for a second month as ... and more » [Link]
Posted 46 hours ago
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Vale, BHP, Rio Suspend Talks With Chinese Steelmakers, Dow SaysBloombergMarch 12 (Bloomberg) -- Vale SA, BHP Billiton Ltd. and Rio Tinto Group suspended talks on benchmark prices with Chinese steelmakers, ... and more » [Link]
Posted 46 hours ago
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Willcom Seeks $1.5 Billion Bailout to Emerge From BankruptcyBloombergMarch 12 (Bloomberg) -- Willcom Inc., the Japanese wireless carrier that filed for bankruptcy protection, ... and more » [Link]
Posted 46 hours ago
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Pound Rises for Second Day Against Dollar as House Prices JumpBloombergMarch 12 (Bloomberg) -- The pound rose for a second day against the dollar after a report showed UK house prices increased at the fastest ... and more » [Link]
Posted 46 hours ago
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Liberty, Luxury Retailer, Has Approaches That May Lead to OfferBloombergMarch 12 (Bloomberg) -- Liberty Plc, the 135-year-old UK luxury retailer known for its iconic Tudor-style flagship store in London's West ... and more » [Link]
Posted 46 hours ago
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IYogi Karma Needs Work on PC Fix-It Service: Rich JaroslovskyBloombergMarch 12 (Bloomberg) -- It's late at night, and technology is tormenting you. Something's wrong with your computer. Blood pressure climbing, you try your PC ... and more » [Link]
Posted 46 hours ago
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Apple Waits in Wings as Cable's TV Everywhere Stamps Out FreeBloombergMarch 12 (Bloomberg) -- Once upon a time, not so long ago, a bunch of small companies in Silicon Valley ... and more » [Link]
Posted 47 hours ago
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South Africa Says Eskom's World Bank Loan Plan Is MisunderstoodBloombergMarch 12 (Bloomberg) -- South Africa defended state-owned power utility Eskom Holdings Ltd.'s plan to borrow at least $3.75 ... and more » [Link]
Posted 47 hours ago
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Indonesia's Credit Rating Raised by Standard & Poor'sBloombergMarch 12 (Bloomberg) -- Indonesia's sovereign debt ratings were raised to the highest level in 12 years by Standard & Poor's after the ... and more » [Link]
Posted 47 hours ago
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Koito Says Executives Leave, President Takes Pay CutBloombergMarch 12 (Bloomberg) -- Koito Industries Ltd., the Japanese plane-seat maker that falsified test results, ... and more » [Link]
Posted 47 hours ago
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European Stocks Rise, Extending Weekly Gain; Asian Shares ClimbBloombergMarch 12 (Bloomberg) -- European stocks rose, extending the Stoxx Europe 600 Index's second consecutive weekly advance, after the Standard ... and more » [Link]
Posted 47 hours ago
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Maoists Bigger Threat Than Islamist Terror, Chidambaram SaysBloombergMarch 12 (Bloomberg) -- Maoist rebels pose a bigger threat to India than Islamist terrorists, Home Minister ... and more » [Link]
Posted 47 hours ago
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Irish Government to Resume Talks With Unions to Prevent StrikesBloombergBy Fergal O'Brien March 12 (Bloomberg) -- Ireland's government will resume talks with labor unions in a bid to avert strikes by public workers next month ... and more » [Link]
Posted 47 hours ago
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Pakistan Missile Tests Send 'Message of Deterrence'BloombergMarch 12 (Bloomberg) -- Pakistan's navy successfully tested a range of missiles and torpedoes from ships, submarines and aircraft in the ... and more » [Link]
Posted 47 hours ago
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Schaeuble Backs Euro Ouster for Delinquent StatesBloombergMarch 12 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble called for “prohibitive” sanctions including expulsion from the euro ... and more » [Link]
Posted 47 hours ago
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Asian Stocks Gain on Bank of Japan Speculation; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Asian stocks gained and the yen weakened amid speculation Japan's central bank will add more funds ... and more » [Link]
Posted 47 hours ago
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Asian Stocks Gain on Speculation Bank of Japan to Add Funds; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Japanese stocks gained and the yen weakened on speculation the central bank will add more funds to ... and more » [Link]
Posted 47 hours ago
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Finnair Is in Talks With Norwegian Air on Pact to Squeeze SASBloombergMarch 12 (Bloomberg) -- Finnair Oyj is seeking an agreement with Norwegian Air Shuttle ASA that would ... [Link]
Posted 47 hours ago
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Elia Buys German Grid, Beating Allianz, Deutsche Bank, GoldmanBloombergMarch 12 (Bloomberg) -- Elia System Operator NV, a Belgian power grid operator, and Industry Funds Management Ltd. beat out Allianz SE, ... and more » [Link]
Posted 47 hours ago
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RBS Ordered to Pay Trader Fired for Sending Confidential E-MailBloombergMarch 12 (Bloomberg) -- Royal Bank of Scotland Group Plc was ordered by Singapore's High Court to pay Scott Cousins, its former chief trader, ... and more » [Link]
Posted 47 hours ago
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Shell May Raise Arrow Energy Offer, RBS Morgans SaysBloombergMarch 12 (Bloomberg) -- Royal Dutch Shell Plc and PetroChina Co. may need to increase their offer by as much as 55 Australian cents a share ... and more » [Link]
Posted 47 hours ago
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Lyondell Chemical to Raise $6.05 Billion to Pay DebtBloombergMarch 12 (Bloomberg) -- Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt ... and more » [Link]
Posted 47 hours ago
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European Stock-Index Futures Advance; Shares in Asia IncreaseBloombergMarch 12 (Bloomberg) -- European stock-index futures advanced after the Standard & Poor's 500 Index climbed to the highest level since ... and more » [Link]
Posted 47 hours ago
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Japan Stocks Gain on Speculation Central Bank to Add Funds; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Japanese stocks gained and the yen weakened on speculation the central bank will add more funds to ... and more » [Link]
Posted 47 hours ago
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'Invisible Power' of London Money Exposed as Mayor Fights BackBloombergMarch 12 (Bloomberg) -- When money needs to talk in London, it's the lord mayor who speaks. Nick Anstee, the 682nd mayor of the UK capital's ... [Link]
Posted 47 hours ago
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Brian Pitman, Ex-Lloyds CEO, Dies After Heart AttackBloombergMarch 12 (Bloomberg) -- Brian Pitman, who transformed Lloyds Bank into Britain's most profitable lender and was one of his generation's ... and more » [Link]
Posted 47 hours ago
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Nazi-Looted Corot Painting to Be Auctioned by Sotheby's in JuneBloombergMarch 12 (Bloomberg) -- Sotheby's will offer a painting by the French artist Jean Baptiste Camille Corot in an auction of 19th-century ... [Link]
Posted 48 hours ago
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Willcom to Be Split, Receive Financial Support From SoftbankBloombergMarch 12 (Bloomberg) -- Willcom Inc., the Japanese wireless carrier that filed for bankruptcy protection, will be split and receive ... and more » [Link]
Posted 48 hours ago
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Yara Says It Won't Raise $4.1 Billion Terra OfferBloombergMarch 12 (Bloomberg) -- Yara International ASA, the world's largest publicly traded nitrogen fertilizer producer, said it won't raise ... and more » [Link]
Posted 48 hours ago
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Komatsu's China Sales of Mining Machinery to Rise 50%BloombergMarch 12 (Bloomberg) -- Komatsu Ltd., the world's second- biggest maker of large dump trucks and excavators, expects sales ... and more » [Link]
Posted 2 days ago
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German Stocks Gain; Deutsche Post, Volkswagen Lead AdvanceBloombergMarch 12 (Bloomberg) -- German stocks rose for the third time this week, as gains in automobile shares and Deutsche Post AG offset ... and more » [Link]
Posted 2 days ago
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Bosch India Losing 10 Million Rupees Daily on StrikeBloombergMarch 12 (Bloomberg) -- Bosch Ltd., the Indian unit of the world's biggest autoparts maker Robert Bosch GmbH, said it's losing 10 ... and more » [Link]
Posted 2 days ago
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Kakuzi of Kenya Rises to 10-Year High After Profit Climbs 38%BloombergBy Eric Ombok March 12 (Bloomberg) -- Kakuzi Ltd., a Kenyan exporter of agricultural products, rose to a 10-year high after saying full- year profit climbed ... [Link]
Posted 2 days ago
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Kintetsu Corrects Five Years of Earnings on Accounting FraudBloombergMarch 12 (Bloomberg) -- Kintetsu Corp., a railway company operating in western Japan, corrected more than five years of earnings ... [Link]
Posted 2 days ago
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Fresenius Agrees With Lenders on Credit Facility Improved TermsBloombergMarch 12 (Bloomberg) -- Fresenius SE improved the terms of its 2008 syndicated credit agreement through an amendment supported by a ... [Link]
Posted 2 days ago
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Japanese Stocks Gain on Central Bank Speculation; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Japanese stocks gained and the yen weakened on speculation the central bank will add more funds to ... and more » [Link]
Posted 2 days ago
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New York Tied With London in Financial-Center Ranking, FT SaysBloombergMarch 12 (Bloomberg) -- London lost its lead over New York City in the latest biannual ranking of financial centers compiled by Z/Yen for ... and more » [Link]
Posted 2 days ago
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Brian Pitman, Former Lloyd's Chairman, Dies After Heart AttackBloombergMarch 12 (Bloomberg) -- Brian Pitman, who transformed Lloyds Bank into Britain's most profitable lender and was one of his generation's ... and more » [Link]
Posted 2 days ago
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Australian Customs Seizes Nintendo Game Copying Devices in RaidBloombergMarch 12 (Bloomberg) -- Australian customs officials have hit out against counterfeiters with the seizure of devices capable of making illegal ... and more » [Link]
Posted 2 days ago
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India Output Rises 16.7%, Adding to Rate PressureBloombergMarch 12 (Bloomberg) -- India's industrial production rose 16.7 percent in January, diminishing spare capacity and contributing to ... and more » [Link]
Posted 2 days ago
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Pakistan Navy Tests Missiles to Send 'Message of Deterrence'BloombergMarch 12 (Bloomberg) -- Pakistan's navy successfully tested a variety of missiles and torpedoes from ships, submaries and aircraft in the ... [Link]
Posted 2 days ago
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Religare Hires Kandiah From UBS, Plans Asia ExpansionBloombergMarch 12 (Bloomberg) -- Religare Enterprises Ltd., Indian billionaire Malvinder Singh's financial-services ... and more » [Link]
Posted 2 days ago
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Bell, JSE, Steinhoff, Uranium One: South Africa Equity PreviewBloombergMarch 12 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in South Africa. ... and more » [Link]
Posted 2 days ago
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NZ Dollar Set to Rebound After 'Exaggerated' Losses, RBC SaysBloombergMarch 12 (Bloomberg) -- The New Zealand dollar's slide this year has been excessive and any sign inflation will accelerate may boost ... and more » [Link]
Posted 2 days ago
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Ukraine's New 'Azarov Era' Betokens Stable PoliticsBloombergMarch 12 (Bloomberg) -- Ukraine's new Prime Minister Mykola Azarov, who owes his appointment to a legislative fix ... and more » [Link]
Posted 2 days ago
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Air France Must Pay Compensation for Brazil Official, AFP SaysBloombergMarch 12 (Bloomberg) -- A judge in Rio de Janeiro has ordered Air France-KLM to pay compensation to the family of a Brazilian state ... [Link]
Posted 2 days ago
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Roche's Avastin Fails to Meet Goal of Prostate StudyBloombergMarch 12 (Bloomberg) -- Roche Holding AG said its Avastin cancer medicine failed to extend the life of men with late-stage prostate cancer ... [Link]
Posted 2 days ago
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Elia System and IFM Plan to Acquire Vattenfall's German GridBloombergMarch 12 (Bloomberg) -- Elia System Operator NV and Industry Funds Management Ltd. agreed to buy Vattenfall AB's power-transmission ... [Link]
Posted 2 days ago
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Japanese Stocks Rise on Speculation BOJ Will Loosen Policy; Nissan ClimbsBloombergMarch 12 (Bloomberg) -- Japanese shares gained, sending Nikkei 225 Stock Average to its biggest weekly advance in three months, ... [Link]
Posted 2 days ago
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India's Industrial Output Rises 16.7%, Adding to Rate PressureBloombergMarch 12 (Bloomberg) -- India's industrial production rose 16.7 percent in January, diminishing spare capacity and contributing to ... [Link]
Posted 2 days ago
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Four Farallon Stock Managers Leave to Start Their Own FundBloombergMarch 12 (Bloomberg) -- Farallon Capital Management LLC, the $21 billion hedge-fund firm founded by Thomas Steyer, told investors that ... and more » [Link]
Posted 2 days ago
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Lockyer Sells 25% More 'Sound' California Bonds Than ForecastBloombergMarch 12 (Bloomberg) -- California Treasurer Bill Lockyer boosted his sale of bonds by 25 percent, joining borrowers ... [Link]
Posted 2 days ago
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Japan's Cabinet Endorses Cap-and-Trade Climate BillBloombergMarch 12 (Bloomberg) -- Japan's Cabinet has endorsed a climate-protection draft law today that would cap industrial ... and more » [Link]
Posted 2 days ago
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Pledge of Allegiance in Schools Ruled Constitutional on AppealBloombergMarch 12 (Bloomberg) -- Reciting the Pledge of Allegiance with its reference to God in public schools doesn't violate the ... and more » [Link]
Posted 2 days ago
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Lyondell Reorganization Terms Approved Over Objections on ValueBloombergMarch 12 (Bloomberg) -- Lyondell Chemical Co. can reorganize based on a company value of $15.2 billion after a judge overruled objections ... and more » [Link]
Posted 2 days ago
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White House's Summers Says US 'Close' to Seeing Job GrowthBloombergMarch 12 (Bloomberg) -- White House economic adviser Lawrence Summers said the US economy soon will start generating ... [Link]
Posted 2 days ago
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Bosch's India Unit Says Loss From Strike 10 Million Rupees DailyBloombergMarch 12 (Bloomberg) -- Bosch Ltd., the Indian unit of Robert Bosch GmbH, said it's losing 10 million rupees daily because of a ... and more » [Link]
Posted 2 days ago
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AVEO Raises 23% Less Than Sought in First Biotech IPO of 2010BloombergMarch 12 (Bloomberg) -- AVEO Pharmaceuticals Inc., which is developing a treatment for kidney cancer, sold $81 million of ... and more » [Link]
Posted 2 days ago
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Gol Posts $225.5 Million Profit as Travel Demand Rises on Economic GrowthBloombergMarch 12 (Bloomberg) -- Gol Linhas Aereas Inteligentes SA, Brazil's second-biggest airline, posted a fourth-quarter profit after a loss in ... and more » [Link]
Posted 2 days ago
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Easing China 'Fear' Gauges Are Bullish for StocksBloombergBy Bloomberg News March 12 (Bloomberg) -- Chinese stocks may rise as a gauge of implied volatility shows the spread between China and US shares keeping near ... and more » [Link]
Posted 2 days ago
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Nyrstar Raises Share Offer for CBH Resources 44%BloombergMarch 12 (Bloomberg) -- Nyrstar NV, the world's largest zinc producer, raised its takeover offer for CBH Resources Ltd.'s shares by 44 ... and more » [Link]
Posted 2 days ago
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Naim Holdings to Sign Agreement for Libyan Construction ProjectBloombergMarch 12 (Bloomberg) -- Naim Holdings Bhd., a Malaysian builder, said it will sign a preliminary agreement to build various facilities and ... and more » [Link]
Posted 2 days ago
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More Euro Integration Needed, Germany's Schaeuble Writes in FTBloombergMarch 12 (Bloomberg) -- “Grave structural weaknesses” are apparent in some euro states, calling for a rapid return to compliance with the ... and more » [Link]
Posted 2 days ago
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India Stocks Fluctuate on Liquidity Concern; Tata Power GainsBloombergMarch 12 (Bloomberg) -- Indian stocks fluctuated as investors weighed the outlook for growth and inflation after industrial output grew at ... and more » [Link]
Posted 2 days ago
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Lyondell Chemical to Pursue $3.25 Billion of Debt FinancingBloombergMarch 12 (Bloomberg) -- Lyondell Chemical Co. plans to borrow $3.25 billion to repay some existing debt after it ... and more » [Link]
Posted 2 days ago
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Toyota Unit Suspends Production After Employee DiesBloombergMarch 12 (Bloomberg) -- Toyota Auto Body Co., a unit of Toyota Motor Corp., stopped production at a Japan plant for ... and more » [Link]
Posted 2 days ago
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Ukraine's New 'Azarov Era' Betokens Stable PoliticsBloombergMarch 12 (Bloomberg) -- Ukraine's new Prime Minister Mykola Azarov, who owes his appointment to a legislative fix ... and more » [Link]
Posted 2 days ago
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Commerzbank, E.ON, K+S, Takkt May Move: German Equity PreviewBloombergMarch 12 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in Germany. ... [Link]
Posted 2 days ago
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German Banking Association's Weber to Leave, Handelsblatt SaysBloombergMarch 12 (Bloomberg) -- The head of the German BDB banking association Manfred Weber will leave his post before his contract runs out in ... [Link]
Posted 2 days ago
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Britist American Tobacco Uganda Says Profit More Than DoublesBloombergMarch 12 (Bloomberg) -- British American Tobacco Plc's Ugandan unit said full-year profit more than doubled after export volumes and the ... and more » [Link]
Posted 2 days ago
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Malawi, South Africa: Sub-Saharan Africa Bond, Currency PreviewBloombergMarch 12 (Bloomberg) -- The following events and economic reports may influence trading in sub-Saharan African bonds and currencies ... and more » [Link]
Posted 2 days ago
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MTN Executive May Be Next Head of Eskom, Business Report SaysBloombergMarch 12 (Bloomberg) -- Sifiso Dabengwa, the chief operating officer of MTN Group Ltd., is the lead candidate for the post of chief ... and more » [Link]
Posted 2 days ago
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Aussie Gains Second Week, Nears January Highs Versus DollarBloombergMarch 12 (Bloomberg) -- The Australian currency traded near a seven-week high versus the dollar, set for a second week of gains, ... and more » [Link]
Posted 2 days ago
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Global Decline in Home Prices May Not Be Over, IMF Adviser SaysBloombergMarch 12 (Bloomberg) -- House prices in the world's major economies, which in 2009 were down an average of 5 percent from 2007, ... and more » [Link]
Posted 2 days ago
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Apple to Start Taking IPad Orders at 5:30 am California TimeBloombergMarch 12 (Bloomberg) -- Apple Inc. will begin taking pre- orders for its iPad multimedia tablet computer today at 5:30 am California ... and more » [Link]
Posted 2 days ago
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Obama Says He Backs New Push to Overhaul US Immigration LawsBloombergMarch 12 (Bloomberg) -- President Barack Obama called a bipartisan effort to revive legislation that would revamp US immigration laws ... and more » [Link]
Posted 2 days ago
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South African Regulator Considers Internet TV, Business Day SaysBloombergMarch 12 (Bloomberg) -- South Africa's telecommunications regulator issued a discussion document on introducting Internet protocol ... [Link]
Posted 2 days ago
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Fortescue Says Ore Expansion May Cost $5.7 Billion (Correct)BloombergMarch 12 (Bloomberg) -- Fortescue Metals Group Ltd., Australia's third-biggest iron ore producer, said it may cost $5.7 billion to develop ... and more » [Link]
Posted 2 days ago
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Crickets Train, Have Pre-Bout Sex, Fierce Fights: Lewis LaphamBloombergMarch 12 (Bloomberg) -- The combatants were strong, well- matched and ready to go. One zoomed in for a quick assault only to be rebuffed by a fierce lunge ... [Link]
Posted 2 days ago
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Nixon, Bare Flesh on Fifth, Addams Family: Great NY WeekendBloombergMarch 12 (Bloomberg) -- Peter Strauss does a terrific impersonation of legendary Washington Post editor Ben Bradlee in “Top Secret: The Battle for the ... [Link]
Posted 2 days ago
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'Twilight' Star Mourns Suicide; Hamm Probes Cold Case: MoviesBloombergMarch 12 (Bloomberg) -- Near the end of “Remember Me,” there's a lingering shot of the Twin Towers on the morning of Sept. 11, 2001, just before they were ... and more » [Link]
Posted 2 days ago
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Fat Surgery Urged for Obese Kids May Boost Allergan SalesBloombergMarch 12 (Bloomberg) -- David Ludwig, director of the obesity program at Children's Hospital Boston, was against weight-loss surgery ... [Link]
Posted 2 days ago
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Apax, Private-Equity Firms Say Retail LBOs Return With RecoveryBloombergMarch 12 (Bloomberg) -- Private-equity firms looking to buy retail and consumer companies said they're now able to ... [Link]
Posted 2 days ago
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Lehman's Fuld 'Negligent' as Firm Hid Leverage, Examiner SaysBloombergMarch 12 (Bloomberg) -- Lehman Brothers Holdings Inc. used off-balance-sheet transactions to downplay its leverage in late ... [Link]
Posted 2 days ago
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Yellen Said to Be Obama's Pick for Fed Vice Chairman PositionBloombergMarch 12 (Bloomberg) -- Federal Reserve Bank of San Francisco President Janet Yellen is President Barack Obama's pick for ... [Link]
Posted 2 days ago
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Japan 'Ice Age' Returns as Student Joblessness Soars to RecordBloombergMarch 12 (Bloomberg) -- A record proportion of Japan's college students will be graduating this month without a job offer, ... [Link]
Posted 2 days ago
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Japan Needs $56 Billion Smart Grid If Law Passes, Deutsche SaysBloombergMarch 12 (Bloomberg) -- Tokyo Electric Power Co. and nine other regional utilities may need to spend 5.1 trillion yen ($56.3 billion) in 20 ... [Link]
Posted 2 days ago
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Dodd's Decision to Snub Republicans Could Stall Financial BillBloombergMarch 12 (Bloomberg) -- The most ambitious attempt to overhaul US financial rules since the 1930s suffered a setback as ... [Link]
Posted 2 days ago
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WTC Captive Reaches Accord on 9/11 Worker ClaimsBloombergMarch 12 (Bloomberg) -- WTC Captive Insurance Co., a victims' fund set up after the Sept. 11, 2001, terrorist attacks, ... and more » [Link]
Posted 2 days ago
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Monsanto's Seed Patents May Trump Antitrust Claims, Lawyers SayBloombergMarch 12 (Bloomberg) -- Monsanto Co., facing antitrust probes into its genetically modified seeds, may benefit from ... [Link]
Posted 2 days ago
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Republicans Fan Distrust of Senate in Bid to Thwart Health BillBloombergMarch 12 (Bloomberg) -- Senate Republicans are sending a self-deprecating message to House Democrats to persuade them to vote against ... [Link]
Posted 2 days ago
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Election-Year Jobs Push Recalls Nixon's '72 Toilet-Paper GambitBloombergMarch 12 (Bloomberg) -- In 1972, when he was trying to spur the economy to win re-election, President Richard Nixon's Defense Department ... [Link]
Posted 2 days ago
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Retail Sales Probably Fell as Blizzards Kept US Shoppers HomeBloombergMarch 12 (Bloomberg) -- Sales at US retailers probably fell in February as blizzards kept Americans away from auto dealers and limited traffic ... [Link]
Posted 2 days ago
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Indian 10-Year Bonds Drop on Concern Interest Rates May RiseBloombergBy V. Ramakrishnan March 12 (Bloomberg) -- India's bonds fell, pushing the 10- year yield toward a 17-month high, on speculation a report will show ... [Link]
Posted 2 days ago
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China Bonds May Return 6% on Buying by Banks, Harfor Fund SaysBloombergBy Bloomberg News March 12 (Bloomberg) -- China's yuan bonds will return as much as 6 percent this year as a crackdown on lending forces banks to “park” ... [Link]
Posted 2 days ago
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Health-Care Bill's Passage Faces New Hurdle, Republicans SayBloombergMarch 12 (Bloomberg) -- Republicans said they won a parliamentary victory as they try to fight Democrats' efforts to pass ... [Link]
Posted 2 days ago
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Michael Lewis Casts Risk-Eating Short-Sellers as Slump's HeroesBloombergWhat Lewis fails to note is that the day prior, Lewis himself had filed a column for Bloomberg News from Davos mocking Nouriel Roubini's warning “that the ... [Link]
Posted 2 days ago
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Japanese Stocks Gain on Central Bank Speculation; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Japanese stocks gained and the yen weakened on speculation the central bank will add more funds to ... [Link]
Posted 2 days ago
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Rupee Set for Fifth Weekly Gain on Recovery Outlook, InflowsBloombergMarch 12 (Bloomberg) -- India's rupee was set for a fifth weekly gain, the longest winning stretch since October, as overseas funds added ... and more » [Link]
Posted 2 days ago
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Taiwan Dollar May Advance to 18-Month High: Technical AnalysisBloombergMarch 12 (Bloomberg) -- Taiwan's dollar may advance 1 percent to an 18-month high against its US counterpart should it break through ... and more » [Link]
Posted 2 days ago
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Blanco, Cap, Usiminas and Vale: Latin American Equity PreviewBloombergMarch 12 (Bloomberg) -- The following companies may have unusual price changes today in Latin American trading. ... and more » [Link]
Posted 2 days ago
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Japan's Nikkei 225 Rises on Yen Optimism; Nippon Mining FallsBloombergMarch 12 (Bloomberg) -- Japan's Nikkei 225 Stock Average gained, set for its biggest weekly advance in three months, on optimism the yen ... and more » [Link]
Posted 2 days ago
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Cattle Prices in Australia Rise to 17-Month High After FloodsBloombergMarch 12 (Bloomberg) -- Cattle prices in Australia, the world's second-largest beef exporter, gained to the highest in 17 months after wet ... and more » [Link]
Posted 2 days ago
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Japan Nominates Morimoto to Bank of Japan BoardBloombergMarch 12 (Bloomberg) -- Japan's government nominated former Tokyo Electric Power Co. executive Yoshihisa Morimoto to ... and more » [Link]
Posted 2 days ago
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Mantel's 'Wolf Hall,' Cheever Biography Win Book Critics AwardBloombergMarch 12 (Bloomberg) -- Three of the awards given by the National Book Critics Circle last night went to British writers, including Hilary ... and more » [Link]
Posted 2 days ago
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Yen Drops to 2-Week Low as Kan Says Intervention Is an OptionBloombergMarch 12 (Bloomberg) -- The yen dropped to a two-week low against the euro as the government signaled it's ready to ... and more » [Link]
Posted 2 days ago
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Indian Stocks Advance on Speculation Factory Output to GainBloombergMarch 12 (Bloomberg) -- Indian stocks climbed, putting the benchmark index on course for its longest stretch of weekly gains since June, ... and more » [Link]
Posted 2 days ago
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Religare Hires Kandiah From UBS, Plans to Recruit 80 BankersBloombergMarch 12 (Bloomberg) -- Religare Enterprises Ltd., Indian billionaire Malvinder Singh's financial-services ... and more » [Link]
Posted 2 days ago
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Yoshihisa Morimoto Nominated as BOJ Policy Board MemberBloombergMarch 12 (Bloomberg) -- Yoshihisa Morimoto, a former executive with Tokyo Electric Power Co., was nominated to fill a vacancy on the ... and more » [Link]
Posted 2 days ago
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Yen to Drop to 100 as Deflation Spurs BOJ to Add Cash, CIB SaysBloombergMarch 12 (Bloomberg) -- The yen is likely to weaken to 100 per dollar, a level last seen in April, as the Bank of Japan pumps money ... and more » [Link]
Posted 2 days ago
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Soho China Shares Gain Most Since May as Profit JumpsBloombergMarch 12 (Bloomberg) -- Soho China Ltd., the biggest developer in Beijing's central business district, jumped as much as 9.1 ... and more » [Link]
Posted 2 days ago
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Microsoft's Xbox Sales Beat Wii, PS3 in February on 'BioShock'BloombergMarch 12 (Bloomberg) -- Microsoft Corp.'s Xbox 360 beat Nintendo Co.'s Wii and Sony Corp.'s PlayStation 3 last month to ... and more » [Link]
Posted 2 days ago
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Hyundai Motor Names Heir Apparent as Board MemberBloombergMarch 12 (Bloomberg) -- Hyundai Motor Co. appointed Vice Chairman Chung Eui Sun to the company's board, bringing the 39- year-old billionaire ... and more » [Link]
Posted 2 days ago
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Hong Kong Homes Set for a 'Good Year,' Builder SaysBloombergBy Chia-Peck Wong March 12 (Bloomberg) -- Hong Kong's home market may see “another good year” in 2010 as buyers remain financially sound, according to Sun ... and more » [Link]
Posted 2 days ago
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Asia Stocks Are More Attractive Than Brazil's, CLSA's Wood SaysBloombergMarch 12 (Bloomberg) -- Asian stocks are more attractive than those in Brazil amid a “pause” in the emerging-markets rally, CLSA Asia-Pacific ... and more » [Link]
Posted 2 days ago
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Aga, Climate Exchange, Hansteen: UK, Irish Equity PreviewBloombergMarch 12 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in UK and Irish markets today. ... and more » [Link]
Posted 2 days ago
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Gol Posts Fourth-Quarter Profit After Loss on Brazil GrowthBloombergMarch 12 (Bloomberg) -- Gol Linhas Aereas Inteligentes SA, Brazil's second-biggest airline, posted a fourth-quarter profit after a loss in ... and more » [Link]
Posted 2 days ago
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Chile's Peso Not 'One-Sided Bet' Investors See, Pimco SaysBloombergMarch 12 (Bloomberg) -- Chile's peso will begin weakening late this year as the country's worst earthquake in 50 years slows economic ... and more » [Link]
Posted 2 days ago
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Indonesia Raises 2011 Economic Growth Forecast to 6%-6.5%BloombergBy Novrida Manurung March 12 (Bloomberg) -- Indonesia's central bank raised its 2011 economic growth forecast to as much as 6.5 percent from an earlier ... and more » [Link]
Posted 2 days ago
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Batista Closing Gap on Slim, Gates as OSX Sale Bolsters DreamBloombergMarch 12 (Bloomberg) -- Eike Batista's plan to raise $5.6 billion in the biggest initial public offering this year ... and more » [Link]
Posted 2 days ago
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Japan's Nikkei 225 Rises on Yen Optimism; Nippon Mining FallsBloombergMarch 12 (Bloomberg) -- Japan's Nikkei 225 Stock Average gained, set for its biggest weekly advance in three months, on optimism the yen ... and more » [Link]
Posted 2 days ago
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Japanese Stocks Gain on Central Bank Speculation; Ringgit RisesBloombergMarch 12 (Bloomberg) -- Japanese stocks gained on speculation the central bank will add more funds to its financial system. ... and more » [Link]
Posted 2 days ago
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Air China Advances Most in 10 Months on Share SaleBloombergBy Bloomberg News March 12 (Bloomberg) -- Air China Ltd., the world's biggest carrier by market value, surged the most in 10 months in Hong Kong trading ... and more » [Link]
Posted 2 days ago
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Japan's Bonds Fall, Set for 2nd Weekly Drop, on Rising StocksBloombergMarch 12 (Bloomberg) -- Japan's 10-year bonds fell, heading for a second weekly decline, as Asian stocks joined a rally in global ... and more » [Link]
Posted 2 days ago
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US to Focus on Getting Mideast Talks Started After Biden FlapBloombergMarch 12 (Bloomberg) -- The US will try to keep a new round of Middle East peace talks on track after containing a ... and more » [Link]
Posted 2 days ago
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Malaysia's Anwar Targets Ruling Party Stronghold in JohorBloombergMarch 12 (Bloomberg) -- Malaysia's opposition leader Anwar Ibrahim said he is targeting the ruling party stronghold of Johor along with ... and more » [Link]
Posted 2 days ago
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Yen Erases Losses on Bets China to Take Credit-Tightening StepsBloombergMarch 12 (Bloomberg) -- The yen erased earlier declines against the euro and the dollar on speculation China will take ... and more » [Link]
Posted 2 days ago
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Junk Bonds Pull Ahead as TXU, Freescale Soar: Credit MarketsBloombergMarch 12 (Bloomberg) -- High-yield, high-risk bonds are beating investment-grade debt for the first time this year as ... and more » [Link]
Posted 2 days ago
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Fortescue Says Ore Expansion May Cost $5.7 BillionBloombergMarch 12 (Bloomberg) -- Fortescue Metals Group Ltd., Australia's third-biggest iron ore producer, said it may cost $5.7 billion to devlop ... and more » [Link]
Posted 2 days ago
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JPMorgan, Citigroup Helped Cause Lehman Collapse, Report SaysBloombergMarch 11 (Bloomberg) -- JPMorgan Chase & Co. and Citigroup Inc. helped cause the failure of Lehman Brothers ... and more » [Link]
Posted 2 days ago
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Moody's, S&P Are Job Creators Without a Stimulus: Ann WoolnerBloombergMarch 12 (Bloomberg) -- In these poor economic times, there is one endeavor that offers unlimited opportunities for employment: defending the debt-rating ... and more » [Link]
Posted 2 days ago
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Yellen Is Said to Be Obama's Choice for Fed Vice Chairman to Replace KohnBloombergThe nomination is pending completion of vetting by the Obama administration, one person said. ... and more » [Link]
Posted 2 days ago
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Yellen Said to Be Obama's Pick for Fed Vice ChairmanBloombergMarch 11 (Bloomberg) -- Federal Reserve Bank of San Francisco President Janet Yellen is President Barack Obama's pick for ... and more » [Link]
Posted 2 days ago
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North Korea Bonds Due Today Spur Exotix Bet on Political ChangeBloombergMarch 12 (Bloomberg) -- North Korean bank loans, in default since the 1970s, present an opportunity for investors willing to speculate the ... and more » [Link]
Posted 2 days ago
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Yen Erases Losses on Bets China to Take Credit Tightening StepsBloombergMarch 12 (Bloomberg) -- The yen erased earlier declines against the euro and the dollar on speculation China will take ... and more » [Link]
Posted 2 days ago
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Hong Kong Homes Set for 'Another Good Year,' Sun Hung Kai SaysBloombergBy Chia-Peck Wong March 12 (Bloomberg) -- Hong Kong's home market may see “another good year” in 2010 as buyers remain financially sound, according to Sun ... [Link]
Posted 2 days ago
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Junk Bonds Pull Ahead as TXU, Freescale Soar: Credit MarketsBloombergMarch 11 (Bloomberg) -- High-yield, high-risk bonds are beating investment-grade debt for the first time this year as ... and more » [Link]
Posted 2 days ago
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Korea Pressure for Low Rates Raises Inflation ThreatBloombergMarch 12 (Bloomberg) -- South Korea may face accelerating inflation after Governor Lee Seong Tae left interest rates unchanged for a 13th ... and more » [Link]
Posted 2 days ago
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Warehouse Planning NZ$100 Million, Five-Year Store ExpansionBloombergMarch 12 (Bloomberg) -- Warehouse Group Ltd. plans to spend as much as NZ$100 million ($70 million) the next five years opening new stores ... [Link]
Posted 2 days ago
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BHP, Anglo, Xstrata Ship Coal 10000 Miles on China Price SurgeBloombergMarch 12 (Bloomberg) -- BHP Billiton Plc, Anglo American Plc and Xstrata Plc are shipping coal 10000 miles to China from their Cerrejon ... [Link]
Posted 2 days ago
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Reid's Wife Suffers Broken Back, Neck in Car AccidentBloombergMarch 11 (Bloomberg) -- US Senate Majority Harry Reid's wife suffered a broken neck and back in an auto accident ... and more » [Link]
Posted 2 days ago
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Japan's Bonds Fall, Set for 2nd Weekly Drop, on Rising StocksBloombergMarch 12 (Bloomberg) -- Japan's 10-year bonds fell, heading for a second weekly decline, as Asian stocks joined a rally in global ... and more » [Link]
Posted 2 days ago
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Brian Pitman, Former Lloyd's Chairman, Dies After Heart AttackBloombergMarch 12 (Bloomberg) -- Brian Pitman, who transformed Lloyds Bank into Britain's most profitable lender and was one of his generation's ... and more » [Link]
Posted 2 days ago
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Thai Protesters Set for Largest Challenge to Abhisit's RuleBloombergMarch 12 (Bloomberg) -- Thai protesters are set to gather on Bangkok's streets today in their biggest challenge to Prime Minister Abhisit ... and more » [Link]
Posted 2 days ago
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NZ May Trail Region in Raising Rates on Weak GrowthBloombergMarch 12 (Bloomberg) -- New Zealand's central bank may be one of the last in the Asia-Pacific region to raise interest rates this year due ... and more » [Link]
Posted 2 days ago
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Inflation Eroding China Deposits Feeds Asset PressureBloombergBy Bloomberg News March 12 (Bloomberg) -- China's accelerating inflation has started to erode household savings, threatening to spur purchases of property ... and more » [Link]
Posted 2 days ago
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Japanese Stocks Rise on Yen Optimism; Mitsubishi Chemical JumpsBloombergMarch 12 (Bloomberg) -- Japanese shares gained, sending Nikkei 225 Stock Average to its biggest weekly advance in three months, ... [Link]
Posted 2 days ago
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Japan Is Increasingly Likely to Sell Yen, Morgan Stanley SaysBloombergMarch 12 (Bloomberg) -- Japan is increasingly likely to intervene in foreign-exchange markets to stop the yen from rising, according to Morgan ... and more » [Link]
Posted 2 days ago
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Microsoft Xbox Passes Nintendo Wii as Top US Console SellerBloombergMarch 12 (Bloomberg) -- Microsoft Corp.'s Xbox 360 overtook Nintendo Co.'s Wii to become the best-selling game console in the US for the ... and more » [Link]
Posted 2 days ago
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Tiger Woods Will Probably End Exile at April's Masters, AP SaysBloombergMarch 12 (Bloomberg) -- Tiger Woods will probably end his self-imposed exile from competitive golf at next month's Masters Tournament, ... and more » [Link]
Posted 2 days ago
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Gol Posts $225.5 Million Profit on Travel ReboundBloombergMarch 11 (Bloomberg) -- Gol Linhas Aereas Inteligentes SA, Brazil's second-biggest airline, posted a fourth-quarter profit of 397.8 million ... and more » [Link]
Posted 2 days ago
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Australian Regulator Postpones Rulings on Axa BidsBloombergMarch 12 (Bloomberg) -- Australia's competition regulator delayed rulings on separate bids by AMP Ltd. and National Australia Bank Ltd. for ... and more » [Link]
Posted 2 days ago
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Hyundai Motor Names Heir Apparent Chung Eui Sun as Board MemberBloombergMarch 12 (Bloomberg) -- Hyundai Motor Co. appointed Vice Chairman Chung Eui Sun to the company's board, bringing the 39- year-old billionaire ... and more » [Link]
Posted 2 days ago
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JFE Shoji Shares Jump After Nomura Recommends Steel WholesalerBloombergMarch 12 (Bloomberg) -- JFE Shoji Holdings Inc. surged the most in 11 months in Tokyo trading after the Japanese wholesaler of steel products ... and more » [Link]
Posted 2 days ago
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Microsoft's Xbox Takes US Console Lead From WiiBloombergMarch 11 (Bloomberg) -- Microsoft Corp.'s Xbox 360 overtook Nintendo Co.'s Wii to become the best-selling video-game console in the US for ... and more » [Link]
Posted 2 days ago
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AIG Said to Query Bonus Holdouts on Pay in Push for ConcessionsBloombergMarch 12 (Bloomberg) -- American International Group Inc.'s effort to reach its commitment of $45 million in bonus concessions are focusing on ... and more » [Link]
Posted 2 days ago
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Australians Work Longer Hours, May Prompt Higher Peak in Key Lending RateBloombergMarch 12 (Bloomberg) -- The biggest expansion of Australian working hours since 1998 may cause job gains to ... and more » [Link]
Posted 2 days ago
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Whirlpool Wins $1.78 Million From LG in Patent CaseBloombergMarch 11 (Bloomberg) -- Whirlpool Corp., the world's largest appliance maker, won $1.78 million in patent- infringement ... and more » [Link]
Posted 2 days ago
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BOJ May Cushion Balance-Sheet Contraction Next WeekBloombergMarch 12 (Bloomberg) -- Japan's central bank may seek next week to counter a contraction of its balance sheet caused by ... and more » [Link]
Posted 2 days ago
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Endesa Used the Most CO2 Offset Credits in EU, Sandbag SaysBloombergMarch 12 (Bloomberg) -- Endesa SA, Spain's second-largest utility, used more United Nations carbon offsets than any other company complying ... and more » [Link]
Posted 2 days ago
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Ukraine's New 'Azarov Era' Betokens Stable Politics, IMF LoanBloombergMarch 12 (Bloomberg) -- Ukraine's new Prime Minister Mykola Azarov, who owes his appointment to a legislative fix ... and more » [Link]
Posted 2 days ago
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Asian Stocks Rise, Head to Third Weekly Gain; Takeda AdvancesBloombergMarch 12 (Bloomberg) -- Asian stocks rose, sending the MSCI Asia Pacific toward its third weekly advance, on speculation ... and more » [Link]
Posted 2 days ago
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Pandit 'Wouldn't Be 'Surprised' If Treasury Weighs Stake SaleBloombergMarch 12 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit said the US Treasury Department will be free to sell its 27 ... and more » [Link]
Posted 2 days ago
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Japan, Australia Bond Risk Falls, Credit-Default Prices ShowBloombergMarch 12 (Bloomberg) -- The cost of protecting corporate bonds from non-payment fell in Australia and Japan, according to traders of ... and more » [Link]
Posted 2 days ago
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NZ Retail Sales, House Data Suggest Rates to Remain UnchangedBloombergMarch 12 (Bloomberg) -- New Zealand core retail sales rose at half the pace estimated by economists and the time taken to sell a house ... [Link]
Posted 2 days ago
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Pfizer Says Two Cancer Drugs Fail in Clinical TrialsBloombergMarch 11 (Bloomberg) -- Pfizer Inc. said the cancer drug Sutent failed to halt the progression of advanced breast tumors in two studies, ... and more » [Link]
Posted 2 days ago
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Gold May Decline on Monetary Tightening Concern, Survey ShowsBloombergMarch 12 (Bloomberg) -- Gold may decline as speculation that governments could pare economic stimulus measures dampens demand for the ... [Link]
Posted 2 days ago
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Alberta to Reduce Oil, Gas Royalties in January 2011BloombergMarch 11 (Bloomberg) -- Alberta, home to the largest oil reserves outside the Middle East, said it will reduce its take from oil and natural ... and more » [Link]
Posted 2 days ago
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Harry Reid's Wife Suffers Broken Back, Neck in Auto AccidentBloombergMarch 11 (Bloomberg) -- US Senate Majority Harry Reid's wife suffered a broken neck and back in an auto accident today though her injuries ... and more » [Link]
Posted 2 days ago
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Unlocking Cancer Drug Mechanism May Avoid Risk of Birth DefectsBloombergMarch 12 (Bloomberg) -- Scientists have uncovered how a drug used in blood cancer medicines leads to short or missing limbs in babies, ... and more » [Link]
Posted 2 days ago
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Gates Sees Saudi Help, International Support for Iran SanctionsBloombergMarch 12 (Bloomberg) -- Defense Secretary Robert Gates said yesterday the US has enough backing from other nations to make tougher ... and more » [Link]
Posted 2 days ago
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Indonesia Raises Economic Growth Forecast to 5.5%-6%BloombergBy Novrida Manurung March 12 (Bloomberg) -- Indonesia's central bank raised its 2010 economic growth forecast to as much as 6 percent from an earlier 5.6 ... and more » [Link]
Posted 2 days ago
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UK House Prices Rise the Most Since 2002, Acadametrics SaysBloombergMarch 12 (Bloomberg) -- UK house prices increased in February at the fastest pace in more than seven years, research group Acadametrics ... and more » [Link]
Posted 2 days ago
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Petrofac Targets Iraq Oil After Asfari Quadruples Share ValueBloombergMarch 12 (Bloomberg) -- Ayman Asfari, the chief executive officer whose oil and gas engineering skills guided a fourfold increase in the ... [Link]
Posted 2 days ago
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Birth-Control Pills Cut Cancer, Lengthen Women's Lives in StudyBloombergMarch 12 (Bloomberg) -- Birth-control pills may lead to longer lives for women, according to a 40-year study that showed users were ... [Link]
Posted 2 days ago
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Agrium Ends Yearlong Attempt to Acquire CF IndustriesBloombergMarch 11 (Bloomberg) -- Agrium Inc. will let its $5.43 billion offer for CF Industries Holdings Inc. expire and won't try to elect ... and more » [Link]
Posted 2 days ago
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Japan Cap-and-Trade Bill Wins Backing From Cabinet, Heads for ParliamentBloombergMarch 12 (Bloomberg) -- Japan's Cabinet plans to endorse a climate-protection draft law today that would cap industrial ... and more » [Link]
Posted 2 days ago
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Mexican Street Food Adds Spice to Sun-Starved London: InterviewBloombergMarch 12 (Bloomberg) -- Mexican food had barely made its presence felt in London until recently, unless you count tourist joints where the fare bears as ... [Link]
Posted 2 days ago
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Japanese Stocks Rise on BOJ Speculation, Yen; Nissan AdvancesBloombergMarch 12 (Bloomberg) -- Japanese stocks rose as the yen weakened on speculation the central bank will loosen monetary ... and more » [Link]
Posted 2 days ago
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Euro May Rise to 5-Week High Against Yen: Technical AnalysisBloombergMarch 12 (Bloomberg) -- The euro may rise to a five-week high against the yen after breaking through a key level of ... [Link]
Posted 2 days ago
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Kim Cattrall Flirts, Clowns in 'Private Lives': London StageBloombergMarch 12 (Bloomberg) -- Kim Cattrall transformed the monochromatic role of Samantha in “Sex and the City” into a portrayal of sexual self-confidence. ... [Link]
Posted 2 days ago
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Hirst Pig Tempts VIPs, Still on Market at $2.7 Billion Art FairBloombergMarch 12 (Bloomberg) -- Works by Damien Hirst, Alberto Giacometti and Paul Gauguin attracted interest from collectors as the world's ... [Link]
Posted 2 days ago
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Yellen Said to Be Obama's Pick for Fed Vice Chairman PositionBloombergMarch 11 (Bloomberg) -- Federal Reserve Bank of San Francisco President Janet Yellen is President Barack Obama's pick for ... [Link]
Posted 2 days ago
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Turkey Sells $1 Billion of 11-Year Bonds in Overseas MarketsBloombergMarch 11 (Bloomberg) -- Turkey sold $1 billion of 11-year dollar bonds in its first test of investor demand since ending ... [Link]
Posted 2 days ago
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JPMorgan, Citigroup Helped Cause Lehman's CollapseBloomberg“The demands for collateral by Lehman's lenders had direct impact on Lehman's liquidity pool,” said Anton Valukas, ... and more » [Link]
Posted 2 days ago
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BHP-Mitsubishi's Coal Port Closed Due to Strong WindsBloombergMarch 12 (Bloomberg) -- BHP Billiton Mitsubishi Alliance, the world's largest steelmaking coal exporter, said the Hay Point port in ... [Link]
Posted 2 days ago
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Yen Falls to 2-Week Low; Kan Says Intervention Is an OptionBloombergMarch 12 (Bloomberg) -- The yen fell to a two-week low against the euro after Japanese Finance Minister Naoto Kan said ... and more » [Link]
Posted 2 days ago
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Aussie Gains Second Week, Nears January Highs Versus DollarBloombergMarch 12 (Bloomberg) -- The Australian currency traded near a seven-week high versus the dollar, set for a second week of gains, ... and more » [Link]
Posted 2 days ago
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Hong Kong Homes Set for 'Another Good Year,' Sun Hung Kai SaysBloombergBy Chia-Peck Wong March 12 (Bloomberg) -- Hong Kong's home market may see “another good year” in 2010 as buyers remain financially sound, according to Sun ... and more » [Link]
Posted 2 days ago
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Japan's Bonds Set for Second Weekly Drop on Advancing StocksBloombergMarch 12 (Bloomberg) -- Japan's 10-year government bonds may fall, heading for a second weekly drop, on speculation local stocks will ... [Link]
Posted 2 days ago
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Japanese Stock Futures Rise on BOJ Speculation; Australia GainsBloombergMarch 12 (Bloomberg) -- Japanese stock futures rose as the yen weakened on speculation the central bank will loosen ... [Link]
Posted 2 days ago
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Japanese Stock Futures Rise on BOJ Speculation; Australia's Index ClimbsBloombergMarch 12 (Bloomberg) -- Japanese stock futures rose as the yen weakened on speculation the central bank will loosen ... [Link]
Posted 2 days ago
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Australian Home Prices to Keep Rising on Shortage, Council SaysBloombergBy Nichola Saminather March 12 (Bloomberg) -- Australian home prices will keep rising due to a building and land shortage, according to a unit of the ... [Link]
Posted 2 days ago
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GMAC's Chief Said to Get $9 Million in Stock, No CashBloombergMarch 11 (Bloomberg) -- Michael Carpenter, GMAC Inc.'s chief executive officer, will get a 2010 pay package of about $9 ... and more » [Link]
Posted 2 days ago
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Corrections Corp. Guards Allow Violence, Inmates SayBloombergMarch 11 (Bloomberg) -- Corrections Corp. of America Inc., the biggest US private prison operator, was sued by six inmates claiming it ... and more » [Link]
Posted 2 days ago
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Japanese Stock Futures Rise on BOJ Speculation; Australia GainsBloombergMarch 12 (Bloomberg) -- Japanese stock futures rose on speculation the central bank will loosen monetary policies and ... and more » [Link]
Posted 2 days ago
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Corporate Credit Risk Rises as Markets Absorb New Debt IssuanceBloombergMarch 11 (Bloomberg) -- The cost to protect against defaults on US corporate bonds increased as credit markets had to absorb a 57 percent ... and more » [Link]
Posted 2 days ago
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Pfizer Says Two Cancer Drugs Fail in Clinical TrialsBloombergMarch 11 (Bloomberg) -- Pfizer Inc. said the cancer drug Sutent failed to meet its main goals in two late-stage studies of advanced breast ... [Link]
Posted 2 days ago
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Corporate Credit Risk Rises as Markets Absorb New Debt IssuanceBloombergMarch 11 (Bloomberg) -- The cost to protect against defaults on US corporate bonds increased as the credit markets absorb a 57 percent jump ... [Link]
Posted 2 days ago
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Junk Bonds Pull Ahead as TXU, Freescale Soar: Credit MarketsBloombergMarch 11 (Bloomberg) -- High-yield, high-risk bonds are beating investment-grade debt for the first time this year as ... [Link]
Posted 2 days ago
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Hologic Shares, Options Surge on Buyout SpeculationBloombergMarch 11 (Bloomberg) -- Hologic Inc. rose the most in a year and trading of bullish options was the highest since ... and more » [Link]
Posted 2 days ago
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Canada Stocks Fall as Goldcorp Misses Forecasts; RIM DeclinesBloombergMarch 12 (Bloomberg) -- Most Canadian stocks fell after Goldcorp Inc. reported earnings that missed the average analyst estimate and Kaufman ... and more » [Link]
Posted 2 days ago
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Genzyme Recommends All Nine Directors for Re-ElectionBloombergMarch 11 (Bloomberg) -- Genzyme Corp., the biotechnology company forced to halt production because of factory contamination, ... and more » [Link]
Posted 2 days ago
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IYogi Karma Needs Work on PC Fix-It ServiceBloombergMarch 12 (Bloomberg) -- It's late at night, and technology is tormenting you. Something's wrong with your computer. Blood pressure climbing, you try your PC ... and more » [Link]
Posted 2 days ago
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Elia System Operator, Gemalto, Thenergo: Europe Equity PreviewBloombergMarch 11 (Bloomberg) -- The following companies' shares may be active in European trading. Stock symbols are in parentheses and share ... [Link]
Posted 2 days ago
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Dodd Ends Talks, Says Financial Bill Will Include Corker IdeasBloombergMarch 11 (Bloomberg) -- Senator Christopher Dodd, who today ended three weeks of talks with Republican Bob Corker on legislation to ... and more » [Link]
Posted 2 days ago
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Aeropostale Rallies After Profit and Forecast Surpass EstimatesBloombergMarch 11 (Bloomberg) -- Aeropostale Inc., the teen clothing retailer, climbed 5.8 percent in late New York trading after reporting a ... and more » [Link]
Posted 2 days ago
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Dodd Ends Talks on Financial Overhaul, Says Bill to Include Corker's IdeasBloombergMarch 11 (Bloomberg) -- Republican Senator Bob Corker said Banking Committee Chairman Christopher Dodd agreed to put a consumer division ... and more » [Link]
Posted 2 days ago
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Buffett Takes $100000 Berkshire Salary for 29th Straight YearBloombergMarch 12 (Bloomberg) -- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. who pays the company for postage ... and more » [Link]
Posted 2 days ago
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Alberta to Reduce Oil, Gas Royalties in January 2011BloombergMarch 11 (Bloomberg) -- Alberta, home to the largest oil reserves outside the Middle East, said it will reduce its take from oil and natural ... and more » [Link]
Posted 2 days ago
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Corker Says Accord Reached on Consumer Unit Before Talks EndedBloombergMarch 11 (Bloomberg) -- Republican Senator Bob Corker said Banking Committee Chairman Christopher Dodd agreed to put a consumer division ... and more » [Link]
Posted 2 days ago
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Canadian Stocks Rise as Commodity Futures Rebound; RIM GainsBloombergMarch 11 (Bloomberg) -- Canadian stocks gained for a second day, led by gold producers, as commodity prices rebounded from a one-week low. ... and more » [Link]
Posted 2 days ago
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TransCanada Receives Approval for Keystone XL Oil PipelineBloombergMarch 11 (Bloomberg) -- TransCanada Corp., owner of Canada's largest pipeline system, received approval to expand the Canadian portion of ... and more » [Link]
Posted 2 days ago
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REIT Chief Executives See Strengthening Market for Asset SalesBloombergMarch 11 (Bloomberg) -- Investors with abundant cash and few deals to chase are driving up commercial property prices, real estate chief ... and more » [Link]
Posted 2 days ago
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Toyota Seeks 2010 Recovery for Most of Lost US Market ShareBloombergMarch 12 (Bloomberg) -- Toyota Motor Corp. set a 2010 goal of regaining most of the US market share lost in the past two months after global ... and more » [