Business and Finance News
- US elderly in trouble over fuel prices
Jamaica News.Net
The elderly in the US are finding the going tough because of prices at the fuel bowser.
- Airbus may have new partners
Jamaica News.Net
The company which makes Airbus, EADS, was close to finalising two deals prior to the weekend.
- Chinese commercial bank receives good report
Jamaica News.Net
One of China’s medium-sized commercial banks, CITIC, has estimated its net profit in the first half of this year rose by more than 150 percent from a year earlier.
- Companies begin quest for oil, gas off Florida
San Diego Union-Tribune
PENSACOLA, Fla. – Oil companies once viewed drilling in the deep waters off Florida as cost prohibitive. Politicians feared even the slightest sign of support would be career suicide. No...
- Nicolas Sarkozy questions interest rate hike
Jamaica News.Net
French President Nicolas Sarkozy has asked questions about the European Central Bank's decision to hike interest rates by a quarter point to 4.25 percent.
- Ferrari intends introducing green engine
Jamaica News.Net
Sporty car manufacturer Ferrari, has said it will cut greenhouse gas emissions from its cars.
- Travellers miss out on the US
Jamaica News.Net
A boom in international travel around the world has not included the United States.
- Internet addresses go missing
Jamaica News.Net
The nonprofit agency in charge of the Internet's addresses recently lost track of its own address.
- Expansion of Dubai restaurants into Pakistan
Jamaica News.Net
Jumeirah Group of Dubai has signed an agreement with Pakistan's Zahdan Retail Private for the expansion of a hotel/restaurant business in Pakistan.
- Indian tourists outweigh US visitors to London
Jamaica News.Net
The number of Indian tourists visiting Britain has grown by 170 percent since 1993.
- 50,000 in South Korea protest against U.S. beef imports
Jamaica News.Net
South Korean police estimate 50,000 people turned out in Seoul Saturday in the latest protest against the resumption of U.S. beef imports.
- Marseille bids to be hub of new Mediterranean union
Jamaica News.Net
Some 40 heads of state from the Middle East, North Africa and Europe gather in Paris next Sunday to launch a new agreement aimed at reinforcing cooperation between the European Union and non-European nations bordering the Mediterranean.
- Bush in Japan for G8 summit
Jamaica News.Net
U.S. President George Bush is traveling to Japan for a summit of leaders from the world's eight leading industrialized nations, known as the Group of Eight.
- Riyad Bank earnings up on increased lending
Arabian Business
Riyad Bank posted a 6.8 percent rise in the second-quarter profit after Saudi Arabia's fourth-biggest lender by market value boosted its lending business to compensate for lower brokerage income.
- G-8 leaders face ominous economic woes this year
San Diego Union-Tribune
SAPPORO, Japan – Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of...
- Terra Awarded Olympic Internet rights
Wired News
Internet company Terra says it has been awarded Internet and mobile rights to transmit the 2008 Beijing Olympic Games in Latin America.
- Microsoft to take 100% of MSN Israel, buy Internet Gold
Market Watch
Microsoft Corp. plans to acquire the 50.1% it doesn't already own in MSN Israel Ltd. from partner Internet Gold Ltd., the companies said on Sunday.
- Investors get first glimpse of quarterly earnings with Alcoa, GE set to report
Canadian Business
Joe Bel Bruno 2008 - 1:46 p.m. Investors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry...
- Wall Street hanging in the balance
Turkish Daily News
Wall Street heads into a key corporate earnings season with sentiment hammered amid a record surge in energy costs that has dampened prospects for an economic recovery.
- Is capitulation on the cards
Reuters
... amp;quot;You are beginning to get into capitulation territory now," said David Bowers, joint managing director of Absolute Strategy Research and consultant to Merrill Lynch for its monthly global fund...
- Crunch time for SDG&EIn trying to shore up energy supplies, utility runs into roadblocks
San Diego Union-Tribune
Yet in recent months, SDG&E's plans to meet future spikes in energy demand have been frustrated on a variety of fronts: Last month, state regulators delayed SDG&E's fiercely...
- Returning Pakistanis praise new lives
BBC
Young Pakistanis return for sentimental and economic reasons For many young Pakistanis, though, it is a strong sense of duty that's drawn them back home. It was the idea of making a difference...
- New open source Lotus Symphony poised for success
Newsday
IBM blue. Oddly, the once-biggest name in computing christened it Lotus Symphony, after a spectacular and expensive failure that dates back to the days of DOS. But this new IBM Lotus Symphony seems...
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