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The Lloyds Banking Group in Buckinghamshire in the UK has informed 570 staff they will have to go.
Big News Network.com Tue, 24 Nov 2009 04:18:23 -0500
The Borders bookshop chain in the UK wants to find a buyer for the business.
Big News Network.com Tue, 24 Nov 2009 04:12:38 -0500
Work is due to start on the Qatar-Bahrain Causeway in the first quarter of next year.
Big News Network.com Tue, 24 Nov 2009 04:07:20 -0500
Homes that sit near the best performing primary schools in England can cost more than similar properties elsewhere.
Big News Network.com Tue, 24 Nov 2009 04:01:02 -0500
The Investment Corporation of Dubai, the state conglomerate that owns Emirates airlines, has been re-arranged by the state's ruler.
Big News Network.com Tue, 24 Nov 2009 03:54:57 -0500
Carl Icahn, the well-known US financier, has offered $157 million for the partially built Fontainebleau Las Vegas resort.
Big News Network.com Tue, 24 Nov 2009 03:49:17 -0500
The Denver-based Newmont Mining Corp has taken a agreed to transfer a 14 percent stake in its Indonesian joint venture mine to a private company and to a consortium of regional and local Indonesian governments.
Big News Network.com Tue, 24 Nov 2009 03:41:08 -0500
A US judge has ordered a former Ford Motor Co product engineer await trial on charges of industrial espionage.
Big News Network.com Tue, 24 Nov 2009 03:36:45 -0500
A US federal judge has described a Detroit Internet spammer as one of the world's most prolific senders of spam e-mail.
Big News Network.com Tue, 24 Nov 2009 03:29:34 -0500
Driving markets was an impressive rise in sales of existing houses.
Big News Network.com Mon, 23 Nov 2009 15:13:12 -0500
The British Airways chief executive, Willie Walsh, has warned cabin crews they can not expect any compromise in his cost-cutting measures.
Big News Network.com Mon, 23 Nov 2009 05:11:30 -0500
The New York Times has damned Goldman Sachs for its role in the financial crisis and has told it to pay the government rather than its big bonus employees.
Big News Network.com Mon, 23 Nov 2009 05:29:17 -0500
The Financial Times has reported Spanish bank BBVA may boost its current interest in China Citic Bank.
Big News Network.com Mon, 23 Nov 2009 05:36:04 -0500
Thailand's economy has grown for another straight quarter.
Big News Network.com Mon, 23 Nov 2009 05:04:25 -0500
Vodafone in the UK has told its business customers thay can opt into a new system that gives business customers priority access to the network during peak times.
Big News Network.com Mon, 23 Nov 2009 04:58:51 -0500
AirAsia, one of Asia's most popular budget airlines, plans to list on the Thai and Indonesian stock exchanges.
Big News Network.com Mon, 23 Nov 2009 04:52:38 -0500
General Motors in the US has intimated it will soon start paying back $6.7 billion in US government loans.
Big News Network.com Mon, 23 Nov 2009 04:47:12 -0500
The company’s portfolio of sites all have a newspaper banner, a newspaper format, and are promoted as online newspapers.
Big News Network.com Mon, 23 Nov 2009 14:50:47 -0500
New York, Nov 24 (DPA) US stocks surged Monday after the release of some surprisingly buoyant data on home sales.
IANS Mon, 23 Nov 2009 23:20:04 -0500
Thousands of Dutch workers protested through Rotterdam streets on the weekend at the government's plans to raise the pensionable age to 66 in 2020 and 67 five years later.
Big News Network.com Mon, 23 Nov 2009 04:38:35 -0500
The BBC has conducted an interview with Bill Browder of Hermitage Capital who was once the country's leading foreign investor.
Big News Network.com Mon, 23 Nov 2009 04:31:39 -0500
The case of three South Carolina men accused of defrauding people out of more than $80 million is coming to an end.
Big News Network.com Mon, 23 Nov 2009 04:08:54 -0500
WASHINGTON - Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Ta...
Star Tribune Tue, 24 Nov 2009 04:11:45 -0500
Lloyds Banking Group today set out details of its £13.5bn UK record cash call to the bank's army of 2.8 million private shareholders. The group, which is 43 per cent owned by the taxpaye...
The Independent Tue, 24 Nov 2009 04:03:59 -0500
IDG News Service - Microsoft Monday night issued a security advisory that provides customers with guidance and workarounds for dealing with a zero-day exploit aimed at Internet Explorer. Earlier in th...
Computerworld Tue, 24 Nov 2009 03:58:37 -0500
They were suffocated after becoming trapped in drop-side cots manufactured by Canada-based Stork Craft. The cots have a side that moves up and down to allow parents to lift children from them more ea...
Sky News Tue, 24 Nov 2009 03:46:58 -0500
+3.79% said Tuesday that it has priced its rights issue at 37 pence per share. The firm will offer 36,505,088,579 new shares on a ratio of 1.34 new shares for every existing ordinary share held. Expec...
Market Watch Tue, 24 Nov 2009 03:41:34 -0500
TEL AVIV -- Israel Chemicals Ltd., the Tel Aviv provider of fertilizer and specialty chemicals, reported third-quarter net income fell 67% on 38% lower sales. Net income was $256.6 million compared w...
Fox Business Tue, 24 Nov 2009 03:40:20 -0500
MADRID -- Swiss watchmaking giant Swatch was rated a buy by ING, which initiated coverage on Tuesday with a target of 300 Swiss francs. ING said Swatch is doing better than many luxury goods makers f...
Fox Business Tue, 24 Nov 2009 03:40:17 -0500
FRANKFURT -- The International Monetary Fund has approved a $1.4 billion loan arrangement with Angola to help the African country restore macroeconomic balances and rebuild international reserves. Th...
Fox Business Tue, 24 Nov 2009 03:40:15 -0500
LONDON -- Water utility Severn Trent said Tuesday that it swung to a first-half attributable profit of 149.7 million pounds ($247.5 million). Last year, the firm posted a loss of 83.8 million pounds,...
Fox Business Tue, 24 Nov 2009 03:40:13 -0500
HONG KONG -- Chinese shares succumbed to a heavy dose of profit-taking in afternoon trading Tuesday, with foreign-currency-denominated B shares as well as yuan-denominated A shares in the outperformi...
Fox Business Tue, 24 Nov 2009 03:40:11 -0500
LONDON -- Bookmaker William Hill said Tuesday that Neil Cooper will succeed Simon Lane as finance director in 2010. Cooper is currently finance director of homebuilder Bovis Homes Group . Separately,...
Fox Business Tue, 24 Nov 2009 03:40:10 -0500
LONDON -- SSL International said Tuesday that first-half net profit rose to 38.1 million pounds ($63 million), from 23.4 million pounds a year ago. Revenue rose to 390.9 million pounds, from 322.5 mi...
Fox Business Tue, 24 Nov 2009 03:40:08 -0500
LONDON -- Insurance group Aviva said Tuesday that Goldman Sachs International and Morgan Stanley, as joint global coordinators for the IPO of Aviva's Delta Lloyd unit, will partly exercise the over-a...
Fox Business Tue, 24 Nov 2009 03:40:06 -0500
Reed Timmer is working on his Ph.D. in meteorology at the University of Oklahoma. He’s a co-star of the Discovery Channel television show “Storm Chasers,” which airs Sundays at 10 p....
Wired News Tue, 24 Nov 2009 03:31:04 -0500
By Clara Ferreira-Marques LONDON, Nov 24 (Reuters) - Britain's Lloyds Banking Group Plc priced its record 13.5 billion pound ($22.4 billion) rights issue at 37p per share, a smaller than expected disc...
London South East Tue, 24 Nov 2009 03:23:39 -0500
More than 800 people who work for Lloyds Bank in Buckinghamshire are to lose their jobs in a move described by the union Accord as a "body blow". The bank said Equitable Life had ended its contract ...
Ananova Tue, 24 Nov 2009 03:12:25 -0500
Walt Disney has been given the green light to open a theme park in Shanghai by China's economic planning agency.The National Development and Reform Commission said the long-awaited park would be built...
BBC Tue, 24 Nov 2009 03:08:04 -0500
SHENZHEN, China, Nov. 23 /PRNewswire-FirstCall/ -- China BAK Battery Inc. (Nasdaq: CBAK), one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, will...
RedOrbit Tue, 24 Nov 2009 02:47:23 -0500
Hewlett-Packard on Monday reported a 14% jump in quarterly profit solidifying its position as a leader in PCs, printers and signalling a serious threat in its new key area of activity - - technology s...
Finfacts Tue, 24 Nov 2009 02:39:48 -0500
LONDON -- Lloyds Banking Group Plc, the UK's biggest mortgage lender, will issue as much as about US$13 billion of enhanced capital notes under its offers to exchange existing securities for new capit...
The China Post Tue, 24 Nov 2009 02:37:02 -0500
SHANGHAI -- Coca-Cola Co., the world's largest soft-drink maker, plans to more than double bottling plants in China over the next decade, aiming to triple sales in its third- largest market by sales v...
The China Post Tue, 24 Nov 2009 02:36:49 -0500
HONG KONG -- Manulife Asset Management Hong Kong Ltd. said Tuesday it has signed an agreement to buy Fortis Bank SA's stake in a fund for 105 million euros ($157 million) to gain a "fast-track entry"...
Fox Business Tue, 24 Nov 2009 02:19:29 -0500
HONG KONG -- Indian shares slipped early Tuesday as resource-linked stocks, such as Hindalco Industries Ltd. , declined with the broad retreat in Asian equities. Gains in automobile companies, howeve...
Fox Business Tue, 24 Nov 2009 02:19:28 -0500
ARROYO GRANDE, Calif. -- In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction."Today, his "Happy Con...
Fox Business Tue, 24 Nov 2009 02:19:26 -0500
NEW YORK - Consumers got more serious about paying down their credit card debt this summer, a time when delinquencies usually go up. Cardholders making payments late on bank-issued cards such as thos...
Star Tribune Tue, 24 Nov 2009 01:30:29 -0500
BANGKOK - Asian stock markets were mostly lower Tuesday despite gains on Wall Street as China's warning to banks to control lending dragged down financial stocks in Hong Kong.The region also got a po...
Star Tribune Tue, 24 Nov 2009 01:30:27 -0500
HONG KONG — Asian shares slipped Tuesday as investors shrugged off upbeat U.S. home sales data and took a breather after recent gains, while the dollar stabilized in early trade after losing gro...
International Herald Tribune Tue, 24 Nov 2009 01:04:13 -0500
ARROYO GRANDE, Calif. (MarketWatch) -- In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." To...
Market Watch Tue, 24 Nov 2009 01:00:50 -0500
ARROYO GRANDE, Calif. (MarketWatch) -- In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." To...
Market Watch Tue, 24 Nov 2009 01:00:40 -0500
ARROYO GRANDE, Calif. (MarketWatch) -- In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." To...
Market Watch Tue, 24 Nov 2009 01:00:25 -0500
HONG KONG -- Japanese Financial Services Minister Shizuka Kamei leveled fresh criticism Tuesday against the Bank of Japan's response to deflation, in the latest salvo in the war between the governmen...
Fox Business Tue, 24 Nov 2009 00:59:13 -0500
Shares in IT company ASG were higher after the company announced it expected first half earnings of $10 million, up 11 per cent on the previous corresponding period.ASG told shareholders at its annual...
The West Australian Tue, 24 Nov 2009 00:52:59 -0500
Momentum behind the ten-month-old trend called physicalization is accelerating, and Ars tackles the key questions. Why are small servers all the rage? Will the trend continue? Will it give ARM a place...
Ars Technica Tue, 24 Nov 2009 00:51:31 -0500
DC Comics and Warner Bros.’ excellent animated film series hits escape velocity early next year, with the February release of : Crisis on Two Earths...
Wired News Tue, 24 Nov 2009 00:49:52 -0500
Windows 7 plus Google’s Chrome browser is an excellent netbook combination. The two together make pretty good use of a netbook’s most limited resources: screen size and processor power. T...
Wired News Tue, 24 Nov 2009 00:49:50 -0500
Spending should beat last year's figures, says Action Economics, but 2009 should still be one of the worst holiday seasons of the past several decades...
Business Week Tue, 24 Nov 2009 00:34:05 -0500
WASHINGTON - Most Americans don't expect a health care overhaul to affect their lives directly, but those who worry about the fallout outnumber those expecting to come out ahead, a poll out Tuesday h...
Star Tribune Tue, 24 Nov 2009 00:05:59 -0500
NEW YORK - After showing signs of improvement in early fall, sales of clothing and luxury goods weakened a bit the first half of November, compared with a year ago, when stores pulled shoppers in wit...
Star Tribune Tue, 24 Nov 2009 00:05:57 -0500
Tokyo, Nov 18, 2009 (JCN) - Nippon Telegraph & Telephone Corp. had a 38.2 percent decline in its fiscal second-quarter net profit, as demand for its mobile phone services slackened. NTT had a 142.7 bi...
JCN Network Mon, 23 Nov 2009 23:59:30 -0500
HONG KONG -- Playboy Enterprises Inc. has signed an agreement to outsource most of the business operations of the Playboy magazine to American Media Inc. as it attempts to return to profits, The Wall...
Fox Business Mon, 23 Nov 2009 23:34:52 -0500
Banks are still finding "sneaky ways" to make money out of people, the consumers' association Which? has said.It claims the rate on authorised overdrafts is at its highest level since record...
BBC Mon, 23 Nov 2009 23:05:23 -0500
Russia has now turned into a "criminal state", according to the man who was once its leading foreign investor.Bill Browder of Hermitage Capital was reacting to the news that his lawyer had d...
BBC Mon, 23 Nov 2009 23:05:21 -0500
Easyjet has apologised after fashion photographs shot at the Holocaust Memorial in Berlin were published in its in-flight magazine.In the pictures, models pose in designer clothes among the concrete b...
BBC Mon, 23 Nov 2009 23:05:19 -0500
SAN FRANCISCO - One area where Hewlett-Packard Co. is expanding aggressively is computer networking, the home turf of market leader Cisco Systems Inc. Earlier this month HP announced plans to buy Cis...
Star Tribune Mon, 23 Nov 2009 22:37:42 -0500
SAN JOSE, Calif. - Networking gear maker Brocade Communications Systems Inc. said Monday its fourth-quarter profit fell 6 percent as hefty costs offset a surge in revenue, but reiterated its guidance...
Star Tribune Mon, 23 Nov 2009 22:37:40 -0500
Law firm stood up for powerless workers - Sprenger and Lang, which has closed its Minneapolis office, built a national reputation as a champion of workers' rights.
Star Tribune Mon, 23 Nov 2009 22:37:35 -0500
BFads.net , said he got such letters from half a dozen retailers, including Wal-Mart, Sears and Macy's. This year, he heard only from Wal-Mart and Office Max. Some stores, including Menards, Lowe's, ...
Star Tribune Mon, 23 Nov 2009 22:37:31 -0500
Andy Vander Woude runs a small company that converts old tires and plastic bottles into composite pavers for the landscaping and construction industries. Three-year-old VAST Enterprises has a competi...
Star Tribune Mon, 23 Nov 2009 22:37:30 -0500
This is not how business has been done on the World Wide Web. Microsoft has been in early discussions with News Corp., the media conglomerate controlled by Rupert Murdoch, about a pact to pay News Co...
Star Tribune Mon, 23 Nov 2009 22:37:29 -0500
OTTAWA -- The robust retail data for September suggest domestic consumption was strong enough to help Canada post positive growth for the third quarter and, technically, pull the country out of a rece...
Financial Post Mon, 23 Nov 2009 22:07:34 -0500
Investors have already endured a stock market bubble. Now they're in the middle of a bond market bubble. So many have stampeded to the supposed safety of bonds - especially government bonds - they ha...
Financial Post Mon, 23 Nov 2009 22:07:32 -0500
Apartments on Isabella Street in Toronto, Ont. Apartment buildings generally held their value through the recession. Brett Gundlock/National Post Ugo Bizzarri's Timbercreek Asset Management Inc. ...
Financial Post Mon, 23 Nov 2009 22:07:30 -0500
North American stocks climbed higher Monday, as economic data on both sides of the border bolstered the case for a steady economic recovery and commodity prices rose against a weakening U.S. dollar. ...
Financial Post Mon, 23 Nov 2009 22:07:26 -0500
TORONTO -- The Canadian dollar rose on Monday, boosted by stronger equity and commodity prices, including a record level for gold, with solid domestic retail sales data also providing support. The cu...
Financial Post Mon, 23 Nov 2009 22:07:21 -0500
Hewlett-Packard Co said a strong performance in China and improved profit margins in its services business helped drive quarterly earnings 14% higher.
Financial Post Mon, 23 Nov 2009 22:07:17 -0500
BOSTON -- Hackers have built a virus that attacks Apple Inc's iPhone by secretly taking control of the devices via their Internet connections, security experts said. The virus has been detected in th...
Financial Post Mon, 23 Nov 2009 22:07:11 -0500
Twitter, the social internet firm that tracks trends through individuals’ updates of events around them, may eventually go to the stock market for funding if necessary, its co-founder Biz Stone said...
Financial Post Mon, 23 Nov 2009 22:07:09 -0500
TORONTO -- Magna International Inc. will supply major structural components for General Motor Co.'s next generation of full-size pickup trucks and sport utility vehicles, securing the renewal of a key...
Financial Post Mon, 23 Nov 2009 22:07:07 -0500
VANCOUVER -- Canadian companies that want to voluntarily reduce their environmental impact will now be able to buy offset credits from a fund that will invest in green projects across the country. Th...
Financial Post Mon, 23 Nov 2009 22:07:06 -0500
NEW YORK -- Inventor Judah Klausner filed suit against Motorola Inc. and Research In Motion, alleging infringement of technology patents related to visual voicemail. Visual voicemail lets phone users...
Financial Post Mon, 23 Nov 2009 22:06:57 -0500
SAN FRANCISCO -- Web search leader Google Inc. said it is buying Silicon Valley display advertising technology start-up Teracent, which expands its competition with display leader Yahoo Inc. Online a...
Financial Post Mon, 23 Nov 2009 22:06:55 -0500
Opel interim Chief Executive Nick Reilly travelled to Brussels on Monday to meet officials including German Deputy Economy Minister Jochen Homann and Kris Peeters, the premier of Flanders, a Belgian ....
Financial Post Mon, 23 Nov 2009 22:06:50 -0500
NEW YORK -- Bernard Madoff's bankruptcy trustee and the law firm employing him have asked a U.S. judge to be awarded US$22.1-million in fees for five months of work, boosting their combined total bill...
Financial Post Mon, 23 Nov 2009 22:06:49 -0500
WINNIPEG, Manitoba -- Canadian farmers are earning less so far in 2009 as grain prices have slipped and the United States is buying less Canadian livestock, Statistics Canada said on Monday. Farm cas...
Financial Post Mon, 23 Nov 2009 22:06:43 -0500
The long slow death of Nortel Networks Corp. continues as the company said Monday it has sold its optical networking and carrier ethernet businesses to Ciena Corp. for US$769-million in cash and stock...
Financial Post Mon, 23 Nov 2009 22:06:42 -0500
Canadian mining company First Quantum Minerals Ltd. said Monday it has agreed to buy Kiwara PLC, a London mineral exploration company, for about US$260.2-million in cash and stock. Kiwara shareho...
Financial Post Mon, 23 Nov 2009 22:06:41 -0500
Gold hit a record high at US$1,167.45 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum buying after the metal's sharp run higher ...
Financial Post Mon, 23 Nov 2009 22:06:39 -0500
While most signs are pointing to recovery in the airline industry, investing in the highly cyclical industry is still viewed as a mug's game. The rewards are high for those who can stomach the turbule...
Financial Post Mon, 23 Nov 2009 22:06:36 -0500
Charity work is one thing. Charity for a competitor that may have a hand in your demise is something else entirely. With time to spare, Globalive Wireless Management Corp.'s 400 or so newly trained c...
Financial Post Mon, 23 Nov 2009 22:06:34 -0500
Research In Motion Ltd.'s BlackBerry Curve model was the top consumer smart phone in the U.S. in the third quarter, according to researcher NPD Group Inc. Apple Inc.'s iPhone 3GS took second plac...
Financial Post Mon, 23 Nov 2009 22:06:33 -0500
A tailgate party at a National Football League game is both a revelation and a reaffirmation, a uniquely American experience that helps a visitor to understand what makes the country and its citizens ...
Financial Post Mon, 23 Nov 2009 22:06:32 -0500
I was buying something online this past week when it hit me that I was about to reach a new milestone in my life: the dreaded 45-to-54 age group. "You don't like checking that box, do you?"...
Financial Post Mon, 23 Nov 2009 22:06:27 -0500
Are you "blessed" with a complex service or product offering that doesn't lend itself to a 15-second elevator pitch? Creating a virtual salesperson who doesn't get sick, tired or quit f...
Financial Post Mon, 23 Nov 2009 22:06:25 -0500
The record price of gold is flashing a giant warning that inflation is directly ahead. But which is the better hedge: bullion or inflation-linked bonds?...
Financial Post Mon, 23 Nov 2009 22:06:21 -0500
It has been referred to as an American birthright, the most sacred tax break, something so sacrosanct that the mere thought of tampering with it was unpatriotic. And Canadian taxpayers have long ...
Financial Post Mon, 23 Nov 2009 22:06:19 -0500
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