Britain heads for hung parliament - poll
No political party has enough support to win outright control of parliament in the forthcoming election, raising the prospect of a period of unstable minority government, opinion polls showed on Tuesday.
India gold demand not hit by import duty hike
At a time when jewellery retailers and gold buyers are crying foul over the increase in import duty on gold and silver, there is a surprise element for jewellery makers which will make them happy. While presenting the Budget, India's finance minister Pranab Mukherjee said import duty on gold and platinum will go up from Rs 100 to Rs 300 per 10 gm.
Stocks dip on rating agency comments
The U.S. stock market is slightly down Tuesday morning as rating agencies published concerns about Portugal and the U.K.
Chevron to sell UK refinery, cut 2,000 jobs
Chevron Corp , the second-largest U.S. oil company, said it planned to put several downstream operations up for sale, including its Pembroke refinery in the UK, and eliminate 2,000 jobs this year.
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Stock market sputters despite assurances
The stock market is struggling on Monday despite reassuring news from China, Europe, and AIG.
Vineyard breakthrough wins water startup prize
A Web application that alerts wine grape farmers when their vines are thirsty has won first place in a competition to spur entrepreneurs in the investment-starved water sector, organizers said on Monday.
MetLife buying AIG's Alico unit for $15.5 billion
AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a $182.3 billion U.S. government bailout.
Sarkozy seeks funding, training for nuclear energy
International development banks must finance civilian nuclear projects to help emerging nations build energy plants, French President Nicolas Sarkozy said on Monday, laying out ambitious plans to develop the industry.
MetLife to buy AIG's Alico unit for $15.5 billion
AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, in its second major asset sale in a week to repay the U.S. government billions of bailout money.
Kraft under probe over Cadbury deal in UK: report
Kraft Foods Inc is being investigated by U.K. regulators on whether the company misled employees and investors in its battle to take over British firm Cadbury.
MetLife set to buy AIG's Alico unit: sources
AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15.5 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.
AIG to get MetLife stake in $15 billion unit sale
AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for more than $15 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.
Daily Forecast -8/3/2010
The Australian Dollar has managed to hang onto its recent gains and opens the new week at 0.9060.
Iceland seeks swift new Anglo-Dutch debt accord
Iceland's government pledged on Sunday to restart talks and swiftly reach a new debt accord with Britain and Netherlands, a day after Icelanders crushed in a referendum the previous $5 billion Icesave deal.
UK says prepared to be flexible on Icesave
Britain is prepared to be flexible in reaching a solution with Iceland to repay debts, finance minister Alistair Darling said on Sunday, adding it would take many, many years for Britain to be reimbursed.
Toyota could delay Europe new car launches: report
Toyota Motor Corp could freeze new car launches this year if it is not satisfied the accelerator problem that forced a mass recall of its vehicles has been solved.
Global climate battle plays out in World Bank
The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.
Pru's Thiam aims to charm top UK shareholders on AIA: report
Prudential Plc CEO Tidjane Thiam will attempt to charm leading shareholders on Monday, moving to quell disquiet over the British insurer's $35.5 billion bid for AIA, the Asian arm of American International Group , the Financial Times reported on its website.
Icelanders reject deal to repay British and Dutch
Icelandic voters vented their fury on Saturday at the bankers and politicians who ruined the economy, overwhelmingly rejecting a $5 billion deal to repay debts to Britain and the Netherlands.
Iceland rejects Icesave bill in referendum
Icelandic voters overwhelmingly rejected a $5 billion deal on Saturday to repay debts to Britain and the Netherlands, according to partial official results.
Iceland votes over foreign debts, economy at risk
Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to delay foreign aid, hopes for economic recovery and possibly EU aspirations.
Resounding No expected in Iceland referendum
Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to further delay foreign aid and hopes for economic recovery.
China wants yuan in SDR in 2015: report
China is pushing for the yuan to be added to the basket of currencies that comprise the IMF's special drawing rights, aiming for its inclusion in 2015, Japanese daily Sankei Shimbun said on Saturday.
IPad to hit stores April 3
Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.
Ferguson to deploy mothers' army to connect women
Sarah Ferguson, the Duchess of York, announced plans on Friday to deploy an army of mothers worldwide as part of an Internet-based network to connect women in need with people ready to help.
HP revises results on EDS litigation
Hewlett-Packard Co said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.
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