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Bullion Rates
Tue, 16 Mar 2010
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Exchange Rates
Tue, 16 Mar 2010
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Reliance, IMG form sports venture
Tue, 16 Mar 2010
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Kiri Dyes and Chemicals completes DyStar acquisition
Tue, 16 Mar 2010
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IKF Technologies ties up with Wapmerr-India
Tue, 16 Mar 2010
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Sensex recovers from early losses
Tue, 16 Mar 2010
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Facebook to set up office in Hyderabad
Tue, 16 Mar 2010
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BIG Cinemas now in Manhattan
Tue, 16 Mar 2010
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List of default activities in SEZs expanded
Tue, 16 Mar 2010
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HCC to buy controlling stake in Swiss co
Tue, 16 Mar 2010
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RIL, MRPL to buy OVL's Venezuelan oil
Tue, 16 Mar 2010
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Inflation moving fast towards the double-digit mark
Tue, 16 Mar 2010
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US bank regulation bill unveiled
Mon, 15 Mar 2010
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Democrat senators have unveiled proposed new laws that will give the US Federal Reserve more regulatory powers over US banks.
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Eurogroup agrees rescue mechanism for Greece
(Reuters)
Mon, 15 Mar 2010
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Reuters - Euro zone finance ministers agreed on Monday on a mechanism that would allow them to help Greece financially if needed, but revealed no details except that it would be without loan guarantees.
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Pay czar limits exec pay at still-struggling GMAC
(AP)
Mon, 15 Mar 2010
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AP - The Obama administration's pay czar is limiting 2010 compensation for top executives at GMAC Inc. because the auto finance giant continues to lose money and has no strategy for repaying its $16.3 billion taxpayer bailout, according to people familiar with the negotiations.
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Toyota says no evidence "runaway" Prius happened
(Reuters)
Mon, 15 Mar 2010
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Reuters - Toyota Motor Corp said on Monday it had found no evidence to support the driver's version of a widely publicized "runaway" Prius episode a week ago, suggesting that authorities examine whether the incident happened as reported to police.
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Limited Brands to pay $1 dividend, start buyback
(AP)
Mon, 15 Mar 2010
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AP - Retailer Limited Brands Inc., owner of Victoria's Secret, said Monday that its board of directors has declared a special dividend of $1 per share and authorized a share repurchase program of $200 million.
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Former InfoGroup CEO paying $7.3M
(AP)
Mon, 15 Mar 2010
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AP - The founder and former CEO of database provider InfoGroup Inc. has agreed to pay more than $7.3 million to settle federal regulators' charges of siphoning off nearly $9.5 million from the company to finance his lavish lifestyle.
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Movado to post 4Q loss, industry woes continue
(AP)
Mon, 15 Mar 2010
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AP - Luxury watch maker Movado Group Inc. on Monday said it expects to report a fourth-quarter loss, hurt by several charges in the quarter related to the downturn in the jewelry industry.
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Boston Scientific Stops Defibrillator Sales
Mon, 15 Mar 2010
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The company withdraws the heart devices, saying it failed to warn the Food and Drug Administration about manufacturing changes.
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Continental Is Latest Airline to End Free Meals
Mon, 15 Mar 2010
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Continental said that it expected about $35 million a year in cost savings and added revenue by doing what most other airlines have already done.
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Dodd Lays Out Details of Financial Overhaul Bill
Mon, 15 Mar 2010
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Senator Christopher J. Dodd called on Republicans to back a bill meant to deter reckless lending, ensure financial stability and protect consumers.
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Phillips-Van Heusen Acquires Hilfiger for $3 Billion
Mon, 15 Mar 2010
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The deal means yet another owner for Tommy Hilfiger, once a leading purveyor of colorful preppy clothing that has weathered a series of ups and downs.
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Dow Manages to Turn Higher at the Close
Mon, 15 Mar 2010
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Fuel costs declined and investors grew nervous that lawmakers were moving closer to restricting speculative trading.
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Millions Spent to Sway Democrats on Health Care
Mon, 15 Mar 2010
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Advertising that rivals the ferocity of a presidential campaign is taking aim at about 40 House Democrats.
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The Recovery Is Gaining Momentum, but Government Is in the Way
(The Motley Fool)
Mon, 15 Mar 2010
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The Motley Fool - It's been a long row to hoe since the economy entered the Great Recession. Even though the recovery seems to be under way, there's still a way to go until the economy returns to normal. Take a peek at the latest economic activity: On the plus side, February's retail sales rose by a better-than-expected 0.3%, despite the major snowstorms that blanketed parts of the nation and kept people off the roads. Aeropostale (NYSE: ARO - News), J.Crew (NYSE: JCG - News), and Nordstrom (NYSE: JWN - News) all posted good-looking quarters recently. ...
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IRS agent-new UBS-style bank prosecution "shortly"
(Reuters)
Mon, 15 Mar 2010
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Reuters - U.S. tax authorities are expected to "very shortly" launch another prosecution against a foreign bank similar to the tax evasion case they pressed against Switzerland's UBS AG, an Internal Revenue Service (IRS) agent said on Monday.
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Itineraries: At the Rental Car Counter, the Final Bill Can Be a Surprise
Mon, 15 Mar 2010
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Add-ons like roadside assistance and insurance packages are getting a harder sell in the auto rental industry, travelers say.
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BA hopes to fly 60% during strike
Mon, 15 Mar 2010
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British Airways has announced contingency plans to fly 60% of its customers during the first planned strike by cabin crew.
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U.S. Industrial Production Rises; Manufacturing Lags
Mon, 15 Mar 2010
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Industrial production edged up 0.1 percent in February, topping expectations and marking the eighth monthly increase.
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Calvin Klein owner buys Hilfiger
Mon, 15 Mar 2010
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Private equity firm Apax partners sells Tommy Hilfiger to the owner of Calvin Klein, Philips-Van Heusen, in a deal worth 2.2bn euros.
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The Media Equation: Talking Back to Your TV Set, Endlessly
Mon, 15 Mar 2010
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With social media, a traditionally passive form of entertainment could someday become a conglomeration of professional production and multiple conversations.
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Consol Energy Acquires Natural Gas Holdings From Dominion
Mon, 15 Mar 2010
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Expecting stricter coal rules, the energy supplier pays $3.5 billion for supplies in a rock bed stretching from Ohio to New York.
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Tories 'preparing to unveil cuts'
Mon, 15 Mar 2010
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The Conservatives are preparing to outline spending cuts they would make this year if they are elected, the BBC understands.
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Volunteers Duplicate Federal Videos for an Online Archive
Mon, 15 Mar 2010
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The International Amateur Scanning League has taken it upon itself to copy as much federal video as it can and put it online.
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New credit card protection agreed
Mon, 15 Mar 2010
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Credit card holders will be offered more protection from spiralling debts, but changes are watered down from original plans.
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Airbus plans sales of A400M to US
Mon, 15 Mar 2010
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Europe's leading aircraft manufacturer Airbus says it plans to sell around 210 of its A400M military planes to the US.
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US industrial output rises again
Mon, 15 Mar 2010
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US factory output has gone up for the eighth month in a row, despite winter storms that affected industry in the north east.
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Mobile Fees Under Pressure With Network Rollout
Mon, 15 Mar 2010
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The introduction of faster Long-Term Evolution networks could lower costs for operators and potentially unleash a new price war in the industry in Europe.
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French Connection narrows losses
Mon, 15 Mar 2010
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Struggling fashion retailer French Connection is selling its Nicole Farhi subsidiary as it reports a narrowing of its annual losses.
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Second scam sucker list is seized
Mon, 15 Mar 2010
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A second master list containing the names of 1,000 people targeted by fraudsters selling worthless shares is seized.
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New gloss put on inflation basket
Mon, 15 Mar 2010
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Lip gloss and hair straighteners replace lipstick and hair dryers in the typical basket of goods used to calculate inflation.
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Caution: Stats May Be Slippery
(BusinessWeek)
Mon, 15 Mar 2010
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BusinessWeek - Peril permeates a steel mill. Molten metal explodes when exposed to water. Overhead cranes hoist steel coils weighing up to 80,000 pounds. Heavy vehicles roll within feet of high-voltage wires. "We have a work environment that presents every hazard known to man," says Alan H. McCoy, vice-president and spokesman at AK Steel in West Chester, Ohio.
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Deutsche Telekom sets sex quotas
Mon, 15 Mar 2010
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Germany's Deutsche Telekom introduces gender quotas to fill 30% of senior jobs with women by the end of 2015.
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UK credit rating viewed as safe
Mon, 15 Mar 2010
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The credit ratings of major AAA governments including the US and the UK are well positioned, says Moody's Investors Services.
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Green Inc.: Taking a Risk With Nuclear Technology
Mon, 15 Mar 2010
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This may be a risky time to sell more nuclear technology to the developing world, yet furthering nuclear exports is what several governments are seeking for their industries.
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Record decline in UK air travel
Mon, 15 Mar 2010
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The UK's airports handled 7.4% fewer passengers last year, the biggest annual decline since records began 65 years ago, figures show.
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China buying Argentine oil stake
Mon, 15 Mar 2010
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China National Offshore Oil Corporation is paying $3.1bn for a 50% stake in Argentine oil and gas group Bridas Corporation.
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Toxic Waters: Saving U.S. Water and Sewer Systems Would Be Costly
Mon, 15 Mar 2010
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Ruptures in aging water systems cause pollutants to seep into water supplies, but in many cities residents have protested rate increases to fix pipes.
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China Uses Global Trade Rules to Its Advantage
Mon, 15 Mar 2010
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Beijing uses inconsistencies in international trade rules to spur its own economy at the expense of others.
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