Saving Volvo - Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Pirate traders exploit Internet sales model : EU
Internet sales of counterfeit and pirated goods to European consumers are frustrating attempts to stem illegal trade, a European Commission report said on Thursday.
Special Report: Saving Volvo - Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Special Report: Saving Volvo: Geely buys brand, management test
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
More news
Obama budget review may trim 2010 deficit forecast
The Obama administration may report somewhat better fiscal news when it delivers its mid-session budget review later this week, but the United States still faces a massive deficit and rising debt.
Higher corporate taxes and Wall Street's quick repayment of a taxpayer bailout could see the projected 2010 U.S. budget deficit fall a bit when the review is released on Friday.
Daily Forex Commentary 22/7/2010
The Australian Dollar opens lower against the greenback at 0.8780.
Ex-media baron Conrad Black freed from U.S. prison
A U.S. judge on Wednesday released former media baron Conrad Black from prison on $2 million bond, while she decides whether to throw out his 2007 conviction for defrauding shareholders.
BP defends CEO, eyes new option for plugging well
BP Plc defended its embattled chief executive on Wednesday and denied a report he would leave soon as the company explored a new approach in the Gulf of Mexico to end the worst oil spill in U.S. history.
UK govt pulls interactive spending cuts website
Britain has pulled an interactive website asking the public to suggest ways of cutting government spending citing attacks after it attracted a range of bizarre proposals and rants against minorities.
AIA IPO adds Goldman to list of top handlers: sources
American International Group Inc is set to elevate Goldman Sachs Group Inc to the top role for handling the initial public offering of its Asian life insurance unit, sources said on Wednesday, a deal that could raise around $15 billion.
BP denies CEO leaving as it readies asset sales
BP denied a report its embattled chief executive would leave soon, as it lined up $7 billion in asset sales to help pay for the worst oil spill in U.S. history, lifting its shares on Wednesday.
Another $12 billion-plus day at Farnborough
More than $12 billion in airplane orders from lessors and Asia-Pacific carriers dominated the third day of the Farnborough Airshow, as manufacturers stood ready to raise their forecasts for the year on the back of strong demand.
Major RBS order starts third day at Farnborough
Government-controlled British bank Royal Bank of Scotland acknowledged being the mystery buyer of nearly $8 billion in new passenger jets, as an expected flurry of new orders shook up the third day of the Farnborough Airshow.
Asia shares rise on Apple earnings and China
Asian stocks rose on Wednesday as investors cheered Apple's strong earnings and on optimism that China may roll back policy tightening measures later this year, while the euro firmed ahead of euro zone's bank stress test results late in the week.
BP CEO reported to leave soon
BP Chief Executive Tony Hayward will step down within the next 10 weeks, the Times newspaper reported, as the company battles to remain independent after the worst oil spill in U.S. history.
BP's Hayward to step down within 10 weeks: report
BP Chief Executive Tony Hayward is to step down within the next 10 weeks, The Times reported on Wednesday.
Daily Forex Commentary 21/7/2010
The Aussie sprung to life either side of the Reserve Bank release of the July board meeting minutes moving to an intraday high of 0.8745 before slipping back towards US87 cents.
Goldman earnings fall on trading slump and charges
Goldman Sachs could turn out to be a mere mortal after all.
Surprise commercial orders eclipse defense
Large commercial airplane orders stole the show at the Farnborough Airshow on Tuesday, as Airbus raised its orders guidance for the year with the help of a resurgent leasing industry.
Goldman's earnings tumble 82 percent
Goldman Sachs could turn out to be a mere mortal after all.
Surprise commercial orders overshadow defense
Large commercial airplane orders stole the show at the Farnborough Airshow on Tuesday, with Latin American companies sharing the spotlight with a resurgent leasing industry.
Starz, Penguin launch TV-book tie-up on iPad
Penguin launched on Tuesday the first electronic book with a video tie-in, as the embattled book publishing industry bets on multimedia ebooks to revive flagging growth and boost readership.
Twitter ban as French lawmakers debate pension bill
French lawmakers began closed-door deliberation on President Nicolas Sarkozy's disputed pensions reform on Tuesday with the government saying it would accept only minor amendments.
Goldman Sachs reports lower earnings
Goldman Sachs Group Inc posted lower second-quarter earnings, hurt by its settlement of U.S. Securities and Exchange Commission fraud charges and the UK tax on bank executive bonuses.
Goldman Sachs posts lower earnings on SEC pact cost
Goldman Sachs Group Inc said quarterly earnings tumbled 82 percent, coming in well short of expectations, as trading and underwriting revenue slumped, raising questions about how well Wall Street's preeminent bank can navigate a shifting industry landscape.
Goldman Sachs earnings slide on SEC pact cost
Goldman Sachs Group Inc posted lower second-quarter earnings, hurt by its settlement of U.S. Securities and Exchange Commission fraud charges and the UK tax on bank executive bonuses.
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