Business and Finance News
 Giant economies discussing free trade
Jakarta News.Net
Talks have begun in Melbourne, Australia between eight nations on how to incorporate other countries in the largest free trade area ever seen. Gov't Orders Recall Of 1.2 Million High Chairs
Seattle Post-Intelligencer
THE ASSOCIATED PRESS WASHINGTON -- The government is announcing a recall of some 1.2 million high chairs, saying they pose a fall hazard to children. The Consumer Product Safety Commission announc... Government Borrowing: What The Economists Say
Guardian
government today announced better-than-expected figures for last month's public finances , although it was the worst February deficit on record. Here is what the economists make of it World Stock Markets Mostly Lower As Greece Weighs
Examiner
(AP Photo/Eugene Hoshiko)An investor looks at a stock price monitor at a private securities company Wednesday, March 17, 2010 in Shanghai, China. Asian stock markets have pushed higher after the U.S. ... Microsoft Virtual Pc Flaw Open To Hackers
Techworld
A bug in Microsoft's software gives hackers a way to exploit virtual Windows machines which would be attack-proof if they were running on real hardware, a researcher said. The flaw is in some of Micr... Uk Borrowing Less Than Expected
BBC
The UK government borrowed £12.4bn in February, less than economists had expected, official figures have shown.January's borrowing figure was also revised down sharply to £43m from £... Ex-boss Of Irish Bank Arrested
BBC
The former chairman of Anglo Irish Bank is being questioned by Irish police about alleged financial irregularities.Sean FitzPatrick stepped down in December 2008 after admitting he had concealed milli... Mortgage Lending 'up In February'
BBC
Mortgage lending increased in February as the fluctuation in the housing market continued, lenders have said.Gross lending for home loans in the UK rose by 6% in February compared with January to an e... Co-op Boosted By New Acquisitions
BBC
The Co-operative Group has reported "record sales and profits" for 2009 after buying Somerfield and merging with the Britannia building society.Boosted by the merger and acquisition, the com... Car Manufacturers Enjoy Another Monthly Rise
Sky News
Society of Motor Manfacturers and Traders (SMMT) said. The SMMT said movement of the pound has made British-made products more competitive, with exports offering "resilience" to tough local condition... Mutual Model Trust Helps Boost Co-op Profit
Sky News
Members of the Co-Operative will share a £55m dividend after growing customer trust in the mutual model and the group's Somerfield takeover contributed to bumper profits. Citigroup Cuts Global Financials To Neutral
Market Watch
LONDON (MarketWatch) -- Citigroup equity strategists cut their stance on the global financial sector to neutral from overweight on Thursday, saying that the sector has been the ultra high beta equity ... Feb. U.k. Government Borrowing Hits 12.4b Pounds
Fox Business
LONDON -- British public-sector borrowing rose to 12.4 billion pounds ($19 billion) in February from 8.8 billion pounds in the same month a year ago, but below expectations for a rise to 13.3 billion... U.k. Feb. Gross Mortgage Lending Up 6%: Cml
Fox Business
LONDON -- British gross mortgage lending rose 6% from January to around 9.2 billion pounds ($14.1 billion), the Council of Mortgage Lenders reported Thursday. A rise in February is unusual but unsurp... Teva Near $4.78b Deal For Ratiopharm: Report
Fox Business
TEL AVIV -- Teva Pharmaceutical Industries Ltd., the Jerusalem drugmaker, has won the bidding for the closely held German generic-drug maker Ratiopharm and is close to an agreement to buy the firm fo... Fortis Initiated Equal Weight At Morgan Stanley
Fox Business
MADRID -- Belgium-based insurance group Fortis was rated equal-weight at Morgan Stanley, which initiated coverage at equal weight with a price target of 3.15 euros on Thursday. Shares are fairly valu... Cobham Downgraded To Neutral At Hsbc
Fox Business
LONDON -- HSBC downgraded U.K. aerospace and defense group Cobham to neutral from overweight. The broker said a declining book-to-bill ratio and order volatility leaves some near-term risk for the co... Abertis Initiated With Neutral At J.p. Morgan
Fox Business
MADRID -- Spanish toll road operator Abertis was initiated with a neutral rating and a price target of 16.40 euros on Thursday at J.P. Morgan. The investment bank said Abertis' diversification into t... Rbs: See Government Stake Sold Or Cut By 2013
Fox Business
RBS ) expects that by 2013, the U.K. government will have sold or at least begun to sell its shares at a profit, it said in its annual report released Thursday. RBS, which is 84%-state owned, also s... Greek Pm: Need Firmer Rescue Plan From Eurozone
ABCNews
Greece's Prime Minister George Papandreou says his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates. He told a European Parliamen... Ap Impact: Gov't Bank Auditors Got Big Bonuses
ABCNews
A television is shown on the floor of the New York Stock Exchange in New York, Tuesday, March 16, 2010. Stocks held on to modest gains Tuesday after the Federal Reserve gave a mildly more upbeat view ... Us Ambassador Urges China Cooperation On Iran
ABCNews
Jon Huntsman, U.S. ambassador to China, gestures as he delivers his speech at Tsinghua University in Beijing, Thursday, March 18, 2010. Huntsman said Thursday bilateral disputes should not interfere w... Report Fails To Shed Light On Socal Runaway Prius
ABCNews
This photo released Wednesday March 17, 2010 by the California Highway Patrol shows a Toyota Prius after it was stopped with the help of a California Highway Patrol officer after the driver reported t... Firm Wins $105.8m In Patent Lawsuit Against Microsoft
Tyler Morning Telegraph
A federal jury in Tyler on Tuesday awarded the California-based VirnetX $105.8 million in a patent infringement suit they filed against Microsoft in 2007. The verdict came after a week long trial in w... World Stock Markets Mostly Lower As Greece Weighs
Sign on San Diego
An investor looks at a stock price monitor at a private securities company Wednesday, March 17, 2010 in Shanghai, China. Asian stock markets have pushed higher after the U.S. central bank again pledge... Left Still Wary Of Wall St. Bill
Politico
The first comment President Barack Obama made about the new financial reform bill offered by Senate Banking Committee Chairman Chris Dodd was a promise not to let it get watered down. “As the...
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