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Exclusive: Facebook governance a concern for Calif pension fund
(Reuters)
Tue, 07 Feb 2012
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Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
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Exclusive: MGM secures $500 mln loan to expand film, TV slate
(Reuters)
Tue, 07 Feb 2012
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Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.
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Mortgage deal faces setbacks, again
(Reuters)
Tue, 07 Feb 2012
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Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
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Road warriors struggle to get connected
Tue, 07 Feb 2012
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Road warriors struggle to get connected
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What the Dickens is the author worth?
Tue, 07 Feb 2012
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The worth of the author's brand, 200 years after his death
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Fewer deaths 'may hit pensions'
Tue, 07 Feb 2012
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The mortality rate in England and Wales improved in 2011, which could have a knock-on effect on pensions, actuaries say.
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Ford won't bid to replace military Humvees
(Reuters)
Mon, 06 Feb 2012
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Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.
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Brazil sells control of airports
Mon, 06 Feb 2012
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The Brazilian government privatises operations at three airports as part of moves to upgrade transport links ahead of the World Cup.
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Key states move closer to foreclosure-abuse deal
(AP)
Mon, 06 Feb 2012
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AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households.
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Greece says lender talks 'tough'
Mon, 06 Feb 2012
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Greece holds further talks with its international lenders, as the debate on more austerity measures continues.
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The Worthless Junk the 1 Percent Waste Their Money On
(ContributorNetwork)
Mon, 06 Feb 2012
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ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.
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US oil prices fall below $97
(AP)
Mon, 06 Feb 2012
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AP - U.S. oil prices fell below $97 per barrel Monday as growing supplies offset moves by President Barack Obama and other Western leaders to make it tougher for Iran to sell crude. Here's how energy contracts traded.
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Anti-cuts protests push Romania PM out
(Reuters)
Mon, 06 Feb 2012
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Reuters - Romanian Prime Minister Emil Boc resigned on Monday, joining a list of European leaders felled by fury at the kind of spending cuts that prompted weeks of mass protests in Bucharest against IMF-backed austerity.
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VIDEO: Chinese airlines 'to shun EU tax'
Mon, 06 Feb 2012
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Beijing has banned Chinese airlines from taking part in the EU's Emissions Trading Scheme (ETS), aimed at cutting carbon emissions.
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Report: Casinos generated $125B spending in 2010
(AP)
Mon, 06 Feb 2012
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AP - A new report shows U.S. casinos and the industries that depend on them made a $125 billion economic splash in 2010 — the equivalent of 1 percent of the total U.S. gross domestic product.
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Gers Whyte may have lied to court
Mon, 06 Feb 2012
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BBC Scotland uncovers evidence which suggests Rangers owner Craig Whyte may have lied in court.
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Romania spy chief 'to be new PM'
Mon, 06 Feb 2012
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Romania's intelligence service chief Mihai Razvan Ungureanu is nominated as prime minister after Emil Bloc resigns amid widespread austerity protests.
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Gas price rises as freeze bites
Mon, 06 Feb 2012
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The price of gas increases sharply around Europe as below-freezing temperatures lead to a surge in demand.
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Credit where it's due
Mon, 06 Feb 2012
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Would Scotland inherit the UK's triple-A rating?
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House prices 'up 0.6% in January'
Mon, 06 Feb 2012
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UK house prices increased by 0.6% in January, according to the latest survey from the Halifax.
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China loosens grip on yuan
Mon, 06 Feb 2012
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Foreigners allowed to invest directly using yuans
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AUDIO: How did Canada weather the crisis?
Mon, 06 Feb 2012
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The president of the Toronto Financial Services Alliance told Radio 5 live how Canada managed to avoid a state-bailout.
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VIDEO: Greece restarts debt crisis talks
Mon, 06 Feb 2012
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The BBC's Aaron Heslehurst on the resumption of Greece's debt crisis talks and China's refusal to pay a new EU airline tax.
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Redknapp 'one half of Odd Couple'
Mon, 06 Feb 2012
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Harry Redknapp and former Portsmouth FC chairman Milan Mandaric were like "The Odd Couple", a court hears.
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HTC profits up but outlook poor
Mon, 06 Feb 2012
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Taiwan smartphone maker HTC reports a 57% jump in annual profits, but it predicts a downbeat start to trading this year.
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India telecom ruling 'harms' firm
Mon, 06 Feb 2012
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Telecoms firm Uninor says it has been "unfairly harmed" by an Indian court ruling cancelling licences issued in 2008.
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Borrowers 'shunning credit cards'
Mon, 06 Feb 2012
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Demand for credit cards is "feeling the strain" as UK borrowers turn to other forms of finance, a report suggests.
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VIDEO: Eye-tracking helps advertisers
Mon, 06 Feb 2012
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Developments in eye-tracking technology are helping advertisers predict what products will appeal to customers.
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Euro crisis 'could damage China'
Mon, 06 Feb 2012
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A eurozone recession could almost halve Chinese growth this year, according to a report by the International Monetary Fund.
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Web firms remove India material
Mon, 06 Feb 2012
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Facebook and Google tell a court in India they have complied with an order to remove "objectionable" material, amid ongoing legal moves on censorship.
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Mitsubishi to close Europe plant
Mon, 06 Feb 2012
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Japanese car maker Mitsubishi Motors says it is to end production at its only plant in Western Europe.
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Qantas CEO warns on airline laws
Mon, 06 Feb 2012
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The chief executive of Qantas says the airline would be forced to cut services and jobs should pro-Australia airline bills be passed.
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China in EU carbon scheme 'ban'
Mon, 06 Feb 2012
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China tells its airlines not to pay charges to the EU's Emissions Trading Scheme, aimed at cutting carbon emissions.
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Olympus calls shareholder meeting
Mon, 06 Feb 2012
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Olympus shareholders will get the chance to question management about the accounting scandal as the firm calls an emergency meeting.
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VIDEO: Trade hurdles for EU-India talks
Mon, 06 Feb 2012
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Officials from the European Union and India will meet later this week for a summit as they try to make progress towards a free trade deal.
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Greek leaders pause bailout talks
Sun, 05 Feb 2012
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Party leaders in Greece's ruling coalition end talks on details for a crucial 130bn-euro EU rescue plan without agreement.
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Tales of woe from the roaming professionals
Sun, 05 Feb 2012
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When working in a new country can prove unlucky
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People problems plague Gulf start-ups
Sun, 05 Feb 2012
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Staffing issues plague Gulf start-ups
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VIDEO: Saudi awards for private businesses
Sun, 05 Feb 2012
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Saudi Arabia is awarding bursaries to young Saudis to help them start their own businesses.
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