Saturday, December 4, 2010

Business -03 December 2010

  • Skipping Work by Faking Disease
    Sat, 04 Dec 2010 06:28:34 -0800
  • What Your Shirt Says About You
    Sat, 04 Dec 2010 06:28:34 -0800
  • Ivory Coast Ouattara Presidency Claim Opposed by Army
    Sat, 04 Dec 2010 06:01:01 -0800
    Ivory Coast’s presidential candidate Alassane Ouattara declared himself the winner of the Nov. 28 election after the United Nations dismissed a claim by the Constitutional Council that incumbent Laurent Gbagbo had won.
  • Tax protest shuts down flagship Topshop store
    Sat, 04 Dec 2010 05:46:16 -0800
    Activists protesting against tax avoidance by big businesses and individuals took over Topshop's flagship storeforcing it to close its doors to customers.
  • France's Sarkozy calls on India to back G20 agenda
    Sat, 04 Dec 2010 05:23:55 -0800
    BANGALORE, India (Reuters) - President Nicolas Sarkozy urged India on Saturday to support France's agenda of reforming the global monetary system during its presidency of the G20 and hinted a nuclear...

  • ICICI Bank to raise lending, deposit rates
    Sat, 04 Dec 2010 05:10:26 -0800
    MUMBAI (Reuters) - ICICI Bank said on Saturday it will raise its benchmark prime-lending rate by 50 basis points effective Dec 6.
  • Germany denies Merkel threatened to leave euro
    Sat, 04 Dec 2010 05:01:15 -0800
    BERLIN (Reuters) - Germany on Saturday categorically denied a British newspaper report that Chancellor Angela Merkel warned Berlin might leave the euro during a heated exchange at a summit of...

  • Iran Nuclear Weapons Reports ‘Untrue,’ Mottaki Says
    Sat, 04 Dec 2010 04:57:24 -0800
    Reports that Iran is trying to develop nuclear weapons “are untrue” and peaceful uranium enrichment is vital for the country’s energy needs, its foreign minister said before nuclear talks in Europe this week.
  • Why employers won't hire
    Sat, 04 Dec 2010 04:49:30 -0800
    The problem with bringing down the stubbornly high unemployment rate is that employers are learning to do more with less.
  • Groupon says 'No' to Google's billions
    Sat, 04 Dec 2010 04:48:16 -0800
    After weeks of negotiations about a potential takeover, Groupon appears to have walked away from would-be suitor Google.
  • Spain Declares State of Emergency as Air Controllers Strike
    Sat, 04 Dec 2010 04:48:05 -0800
    The Spanish government declared the first state of emergency in 32 years of democracy and threatened to prosecute striking air traffic controllers who have crippled aviation in the nation unless they return to work.
  • Half of U.S. will use smartphones by 2012
    Sat, 04 Dec 2010 04:44:27 -0800
    That's according to one new estimate, and it's up from less than 30% today and 18% a year ago.
  • Stocks' rally set to run as fear fades
    Sat, 04 Dec 2010 04:41:22 -0800
    NEW YORK (Reuters) - Europe's sovereign debt crisis will still hang over global markets next week, but on Wall Street, investors will not be afraid to bet on stocks.

  • Global outlook "not so bad": IMF chief
    Sat, 04 Dec 2010 03:50:51 -0800
    BRUSSELS (Reuters) - The global economic outlook is "not so bad," the International Monetary Fund's managing director Dominique Strauss-Kahn said on Saturday.

  • Spain Declares State of Emergency for Air Traffic Control Strike
    Sat, 04 Dec 2010 03:36:45 -0800
    Spain will declare a state of emergency which could last as long as 15 days after the country’s air traffic controllers went on strike, Deputy Prime Minister Alfredo Rubalcaba said in a televised press conference following a cabinet meeting today.
  • Iberia, Ryanair cancel all flights to/from Spain
    Sat, 04 Dec 2010 02:50:26 -0800
    MADRID (Reuters) - Spanish flagship airline Iberia and budget carrier Ryanair said on Saturday they had cancelled all flights in and out of Spain after a wildcat strike by air traffic controllers paralysed airports.
  • China finds 30,000 T uranium deposit - State TV
    Sat, 04 Dec 2010 02:40:26 -0800
    BEIJING (Reuters) - China has found a major uranium deposit in Inner Mongolia holding an estimated 30,000 tonnes of the metal, state television reported on Saturday.
  • Groupon walks away from Google - reports
    Sat, 04 Dec 2010 02:15:47 -0800
    Groupon, the online voucher company, is signing up tens of thousands of British consumers to its bargains emails each day.
  • 'New' Twitter Font, In Promoted Tweet For Black Eyed Peas
    Sat, 04 Dec 2010 02:02:32 -0800
    Is Twitter allowing users to write in a new font on its social media service?
  • Court allows CBI to arrest 3 execs in loan probe
    Sat, 04 Dec 2010 01:50:26 -0800
    MUMBAI (Reuters) - A special court on Saturday said it would allow the Central Bureau of Investigation (CBI) to re-arrest three executives from Money Matters Financial Services, the company implicated in the bribes-for-loan investigation.
  • Trichet Challenges Budgets as Spain Steps Up Measures
    Sat, 04 Dec 2010 01:08:01 -0800
    European Central Bank President Jean- Claude Trichet challenged political leaders to do more to fix their budgets as Spain ramped up measures to fight the threat of contagion.
  • Russian denies global spam scheme
    Sat, 04 Dec 2010 01:03:50 -0800
    A Russian man accused of operating an e-mail spam business that at times accounted for one third of global spam has pleaded not guilty in a federal court in the US state of Wisconsin.
  • FTSE today: market report - as it happened Dec 3, 2010
    Sat, 04 Dec 2010 01:02:04 -0800
    The benchmark FTSE 100 index fell during afternoon trading after an unexpected rise in US unemployment, trimming the market's first weekly advance in four weeks to 1.4pc.
  • Spain threatens 'state of alert' over walk-out
    Sat, 04 Dec 2010 00:40:26 -0800
    MADRID (Reuters) - Spain's government said on Saturday it considered declaring a "state of alert" if air traffic controllers did not return to their posts following a mass walk-out.
  • India's IIFCL to issue $267.7 mln tax-free bonds
    Fri, 03 Dec 2010 23:40:36 -0800
    MUMBAI (Reuters) - India's top state-run infrastructure company IIFCL will issue 12 billion rupees ($267.67 million) worth of tax-free bonds for retail investors in the last three months of the current fiscal year ending in March, a top official said on Saturday.
  • Spaniards bridge crisis with long weekend splurge
    Fri, 03 Dec 2010 23:40:26 -0800
    MADRID (Reuters Life!) - There may be a gulf between their incomings and outgoings and a debt crisis sweeping through Europe, but that won't stop Spaniards from making the most of the "puente" this long pre-Christmas holiday weekend.
  • 'I spent it all as soon as I got it'
    Fri, 03 Dec 2010 23:11:16 -0800
    Actress Tara Fitzgerald, 43, talks about fame and fortune.
  • Strike causes Spain air travel chaos
    Fri, 03 Dec 2010 22:40:40 -0800
    The Spanish government has declared a state of alert after a strike by air traffic controllers grounded flights, stranding thousands of travellers.
  • Govt claims further $1.2 bln for Bhopal victims
    Fri, 03 Dec 2010 22:30:26 -0800
    NEW DELHI (Reuters) - The government has demanded more than $1 billion additional compensation for victims of the Bhopal gas tragedy that killed thousands of people in 1984.
  • Make growth more inclusive to banish poverty: SBI Chief
    Fri, 03 Dec 2010 22:26:00 -0800
    The chairman of the State Bank of India, Om Prakash Bhatt, said on Friday that the focus on inclusive growth in India could help eradicating the poverty and hunger in the country.
  • WikiLeaks says will also expose corporate world
    Fri, 03 Dec 2010 21:40:26 -0800
    LONDON (Reuters) - Whistle-blowing website WikiLeaks, which is causing an international storm over its release of confidential diplomatic cables, said it would also publish disclosures from the corporate world.
  • Google's Groupon Bid Said Rejected
    Fri, 03 Dec 2010 21:19:17 -0800
    The daily-deal website turned down $6 billion, including executive performance incentives, and will now consider an initial public offering, says a person close to the talks
  • Is Windows 7 Tablet-Only Edition On The Horizon?
    Fri, 03 Dec 2010 21:15:12 -0800
    As the tablet market is being crowded each day with more and more devices, time is ripe for Microsoft to unveil a new operating system exclusively for tablets.
  • U.S. Economy Struggles for Full-Fledged Recovery as Jobs Lag
    Fri, 03 Dec 2010 21:15:06 -0800
    The U.S. economy is struggling to achieve a broad-based expansion as companies remain reluctant to ramp up hiring 18 months after the end of the recession.
  • U.S., South Korea Agree on Revisions in Trade Accord
    Fri, 03 Dec 2010 21:11:01 -0800
    The U.S. and South Korea agreed to change automobile provisions in a pending free-trade deal, gaining the support of Ford Motor Co. and lawmakers in both parties for the stalled accord.
  • U.S., South Korea welcome long-awaited trade deal
    Fri, 03 Dec 2010 21:00:26 -0800
    SEOUL/WASHINGTON (Reuters) - The United States and South Korea welcomed a free trade deal reached after a three-year delay which U.S. President Barack Obama said would boost exports to South Korea by $11 billion and support at least 70,000 American jobs.
  • Google's bid for Groupon falls through - report
    Fri, 03 Dec 2010 20:40:38 -0800
    NEW YORK (Reuters) - Google Inc's attempt to acquire discount coupon provider Groupon has fallen though, according to the technology web site AllThingsD.com.
  • U.N. body seeks delay to CO2 market appeals - report
    Fri, 03 Dec 2010 20:40:26 -0800
    CANCUN, Mexico (Reuters) - Countries at U.N. talks in Mexico sought on Friday to delay the launch of an appeals body for participants in a $20 billion trade in carbon offsets, Point Carbon, a specialist carbon markets company owned by Thomson Reuters, reported.
  • Is Broadband Bad For Energy?
    Fri, 03 Dec 2010 19:59:44 -0800
    Increased broadband access worldwide has meant a rise in demand for online media services and this could have implications for a society that is living within environmental limits. The researchers found the current energy demand for bandwidth to be four watt-hours per MB.
  • Negotiators shape possible tax-cut deal
    Fri, 03 Dec 2010 19:17:13 -0800
    WASHINGTON (Reuters) - A framework for a possible deal between the White House and congressional leaders to extend expiring tax cuts for millions of Americans is slowly being put together behind...

  • GE, Eaton, Warburg remain bidders for BAE unit: sources
    Fri, 03 Dec 2010 18:58:53 -0800
    NEW YORK (Reuters) - General Electric Co , Eaton Corp and private equity firm Warburg Pincus remain in the race for BAE Systems Plc's Platform Solutions unit as the auction reaches the final...

  • Tools That Will Help You Collaborate Effectively
    Fri, 03 Dec 2010 18:48:56 -0800
    Why Yammer, Salesforce's Chatter, and Huddler could be key to your company's success.
  • Massey's chairman/CEO says he will retire
    Fri, 03 Dec 2010 18:10:02 -0800
    NEW YORK (Reuters) - Don Blankenship, head of Massey Energy and one of the most powerful U.S. coal industry leaders, said on Friday he would retire at the end of December, eight months after 29...

  • Google buys huge NYC building for about $1.8 billion
    Fri, 03 Dec 2010 17:57:52 -0800
    NEW YORK (Reuters) - Google Inc has signed a deal to buy a huge Manhattan building, where it is a tenant, for $1.8 billion in one of the largest sales of a single building this year, according to a...

  • Fed's Bernanke did not rule out more bond buys: CBS
    Fri, 03 Dec 2010 15:41:46 -0800
    WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke did not rule out further purchases of Treasury bonds beyond the $600 billion program announced last month, CBS television reported...

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