Business and Finance News
- Demand for banks sees European equities rise
The Nashville News.Net
European shares were higher Friday as banking and commodity stocks were being brought up.
- Asian stock markets close solidly higher
The Nashville News.Net
Markets in Asia ignored losses on Wall Street overnight and posted solid gains Friday.
- Final overseas appearance coming up for Bush
The Nashville News.Net
Leaders from the Pacific Rim are preparing for their annual APEC economic summit in Lima on the 21st-23rd November.
- San Francisco goes all-out to become electric
The Nashville News.Net
The district mayors of the San Francisco area have projected their ideas for a US$1 billion network of electric car recharging stations.
- US Airways brings back free miles
The Nashville News.Net
US Airways has announced the reinstatement of free miles, which were cancelled when fuel costs were rising.
- Citigroup options placed on the table
The Nashville News.Net
Citigroup has suggested it might sell businesses and shares, as a means of dealing with the market crisis.
- Europe shows itself to the online world
The Nashville News.Net
The European Union has launched a free online library which gives multilingual access to two million digitized books and other items of cultural significance.
- Dow falls more than 400 points for second day in row
The Nashville News.Net
The Dow Jones industrials finished more than 400 points lower Thursday, after a similar fall on Wednesday.
- US Congress delays car bailout plan
The Nashville News.Net
Democrats in the US Congress have been unable to secure the numbers to get auto-industry bailout legislation through Congress.
- Canada court rejects airline fee for obese passengers
The Nashville News.Net
The Supreme Court in Canada has upheld a ruling that obese and disabled people will be able to have two seats for the price of one on domestic flights.
- Colgate-Palmolive riots flare in Nepal
The Nashville News.Net
There has been a massive upheaval at the factory of Colgate Palmolive in Nepal, with the company announcing the sale of the company after 20 years of operations.
- Travel agents want a return to commission structure
The Nashville News.Net
Travel agents associations in India have called on air operators to withdraw the transaction fee system they introduced on to reinstate the earlier five percent travel agents commission.
- Arab bourses suffer as Gulf stock loses $538 bn
The Nashville News.Net
Arab stock markets continued their downward journey this week, with financial analysts Friday citing unjustified 'panic and psychological pressures' from the turmoil on global markets.
- Tokyo stocks extend losses over Wall Street plunge
The Nashville News.Net
Tokyo stocks extended losses Friday after Wall Street plunged overnight and the global slowdown deepened.
- US Markets plunge, S&P 500 sinks to 11-year low
The Nashville News.Net
US stocks plunged Thursday, with the broadbased Standard & Poor's 500 Index losing 6.7 percent to close at its lowest point since 1997 and economic indicators signalling a recession.
- Michael Jackson to appear in London court
The Nashville News.Net
Pop legend Michael Jackson will give evidence in person at London's High Court to defend allegations that he owes $7 million to an Arab sheikh.
- Oil price up as Asian stocks rise
BBC
... a barrel while US light sweet crude was $50.18. On Thursday, prices hit lows of...
- Chief executive of crisis responds to Boris Johnson
Guardian
... mayor of London's strategy , published this week, is wide-ranging in scope, and should help to address the housing crisis in the capital. The true test, however, will be in the difference it makes to...
- Big Rise In Number Losing Homes
Sky News
The number of UK borrowers in arrears also went up compared with the second quarter, by 8% to 168,000. The number of repossession orders made by the courts in England and Wales over the same period...
- Darling Has Banks In His Sights
Sky News
... failed to pass on rate cuts to customers. Some reports suggest Mr Darling is even examining legal options to force banks to lend. However - new figures from...
- U.S. stock futures leap after Citigroup sale report
Market Watch
U.S. stock futures surged on Friday after a report Citigroup may put itself on the block and following upbeat results out of Dell and...
- Central bankers wary of deflation
Reuters
Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation.
- Indecisive start for the FTSE amid mixed signals
Guardian
... carnage on Wall Street and gains on the Asian markets.The blue-chip index has swung between nearly 50 points down and 50 points up over the first hour of trading.Yesterday's close of 3874.99 was the...
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