Business and Finance News
 Fund-poor schools close in Missouri
Nepal News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially. Asian Stocks Mixed As Us Data Eyed; Europe Gains
Sign on San Diego
HONG KONG Asian stocks were mixed Friday as investors held out for additional clues to the strength of economic recovery. European shares rose in early trade. Markets in Asia opened highe... Brian Pitman, Former Lloyds Bank Ceo, Dies At 78
Miami Herald
LONDON -- Sir Brian Pitman, the banker who led Lloyds TSB to become one of Europe's largest financial groups, has died at age 78, the British Bankers' Association said Friday.Pitman died Thursday fol... Superdry Fashion Group To Float At 500p
Guardian
fashion brand worn by David Beckham and High School Musical's Zac Efron has priced its initial public offering at 500p a share, valuing the firm at £395m.It is the Asian Stocks Mixed As Us Data Eyed; Europe Gains
Examiner
Asian stocks were mixed Friday as investors held out for additional clues to the strength of economic recovery. European shares rose in early trade.Markets in Asia opened higher but sold down toward d... Brian Pitman, Former Lloyds Bank Ceo, Dies At 78
Seattle Post-Intelligencer
THE ASSOCIATED PRESS LONDON -- Sir Brian Pitman, the banker who led Lloyds TSB to become one of Europe's largest financial groups, has died at age 78, the British Bankers' Association said Friday. ... Ba Cabin Crew To Strike Later This Month
MSNBC
Unite says that workers will walk out for three days from March 20 and another four days from March 27. Friday's announcement comes after talks with BA management failed to solve a dispute over change... China Oil Demand Is 'astonishing'
BBC
China's demand for oil jumped by an "astonishing" 28% in January compared with the same month a year earlier, the International Energy Agency (IEA) says.The body added that demand for oil in... Microsoft Rebuffed In Word Appeal
BBC
Microsoft has lost an appeal against a court judgement that told it to pay $240m (£160m) in damages.In August 2009, a US court awarded the damages to i4i which claimed Microsoft had infringed it... Lehman Slated Over $50bn 'account Gimmick'
Sky News
The technique, called "Repo 105", was used to temporarily remove $50bn (£33bn) of assets from the US investment bank's balance sheet in 2008, according to a one-year investigation. This gave the app... Fred Perry Back To Black With Amy Collection
Sky News
The 26-year-old singer has been "very involved" in creating a 17-piece womenswear line, which is mostly pink and black, the company said. The collection includes "dangerously short" pencil skirts and... Bell Sees Loss In Earnings
Business Report
Submit your comment Bell Equipment, which manufactures and distributes a wide range of materials handling equipment such as articulated dump trucks, front end loaders and graders, on Friday reported a... Carrefour Cut To Underperform By Credit Suisse
Fox Business
LONDON -- Carrefour was cut to underperform from neutral by Credit Suisse, which expects more investments to keep market share as the supermarket operator combats its "still considerable French price... European Shares Advance As Banks Gain
Fox Business
LONDON -- European shares moved higher after a flat start on Friday, with banks leading the advance. Shares of Societe Generale climbed 2.2% and shares of UniCredit rose 1.2%. Overall, the U.K. FTSE ... Guangdong Development Bank To Seek Ipo This Year
Fox Business
HONG KONG -- Guangdong Development Bank said Friday it is considering an initial public offering this year, according to a published report. The mid-sized Chinese lender, in which Citigroup Inc. owns... Big Funds Stalk Canwest Newspapers
Financial Post
The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest Limited... Potash Corp. Earnings Dramatically Improve
Financial Post
Potash Corp. dramatically improved its first quarter earnings guidance Thursday. The company said a sharp rebound in potash demand will help it earn between $1.30 and $1.50 a share. The new estimate ... Emis Group Plans Aim Ipo, Admission Expected March 29
Fox Business
LONDON -(Dow Jones)- EMIS Group PLC, a U.K. supplier of software and related services to GP practices, said Friday it is planning an initial public offering on the London Stock Exchange's AIM with an... Murdoch Takes Aim At New York Times
Financial Post
NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According t... Transat Strategy 'didn't Work'
Financial Post
Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about ... Indonesia's Foreign Currency Rating Raised By S&p
Fox Business
FRANKFRUT -- Indonesia's long-term foreign currency sovereign credit ratings was raised on Friday to BB from BB- by Standard & Poor's Ratings Services, which said the improving government debt ratio ... Goldcorp Q4 Profits Jumps On Rising Gold Prices
Financial Post
TORONTO -- Goldcorp Inc. delivered a solid fourth quarter as it continues to keep costs in check and benefit from near-record gold prices. The Vancouver-based giant reported adjusted Q4 earnings late... Snc Ponders Bid For Highway 407 Stake
Financial Post
MONTREAL -- SNC-Lavalin Group Inc. is weighing whether to boost its investment in Toronto-area toll highway 407-ETR after Spanish infrastructure giant Ferrovial announced Thursday it would put a 10% s... Siemens Closing Hamilton Gas Turbine Plant
Financial Post
TORONTO -- Giant industrial outfit Siemens AG announced Thursday it is closing its gas turbine plant in Hamilton, Ontario, cutting 550 jobs as the operation is relocated to Charlotte, N.C. The move i...
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