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Wednesday, December 03, 2008
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The news section is directly fed by the respective news sites. Please select the 'Type of News', this will present you the logos of the sites whose news feeds you can read. The most updated news from the selected site is then listed below. Hope you enjoy this section!
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  • Business

Wed, 03 Dec 2008 13:17:43 GMT

China’s Economy, in Need of Jump Start, Waits for Citizens’ Fists to Loosen

Tenacious thrift, once an admirable quality in China, has become a liability as the nation’s export-driven economy slows.

Wed, 03 Dec 2008 17:25:19 GMT

French Bid Disrupts Buffett Offer for U.S. Utility

Electricité de France has offered $4.5 billion for half of Constellation Energy’s nuclear power unit, a deal that could scuttle a takeover by Warren E. Buffett.

Wed, 03 Dec 2008 19:12:17 GMT

Shares Push Higher After Early Dip

Stocks moved modestly higher after two days of dramatic swings, as investors played defense ahead of this week’s major reports on the economy.

Wed, 03 Dec 2008 17:22:17 GMT

China to Shun West’s Finance Sector

The chairman of China’s sovereign wealth fund said that China had no plans for more investments in Western financial institutions, nor did it have any plans to “save” the world through economic policies.

Wed, 03 Dec 2008 05:32:17 GMT

2 Canadian Phone Giants in Different Struggles

Rogers Communication must deal with its founder’s death, while Bell Canada faces a failed buyout.

Wed, 03 Dec 2008 06:00:17 GMT

Japan Tries to Ease a Crisis in Corporate Credit With Emergency Lending

The Bank of Japan announced emergency measures to ease an acute squeeze in corporate funding that threatens to push Asia’s largest economy deeper into recession.

Wed, 03 Dec 2008 07:59:44 GMT

European Regulators Again Revise Bank Subsidy Rules

The European Commission is concerned that financial infusions might be improper subsidies.

Wed, 03 Dec 2008 07:22:39 GMT

British Airways in Merger Talks With Qantas

The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia.

Wed, 03 Dec 2008 05:47:27 GMT

I.R.S. Debates Way to Deal With Foreign Tax Shelters

With the possibility of crushing penalties, holders of foreign shelters are urged to contact the I.R.S.

Wed, 03 Dec 2008 19:14:34 GMT

Edward S. Rogers Jr., Canadian Media Mogul, Dies at 75

Mr. Rogers transformed Canada’s first FM radio station into one of North America’s most diverse communications and media companies.

Tue, 02 Dec 2008 07:10:52 GMT

Ryanair Makes New Bid for Aer Lingus

Ryanair, Europe’s biggest low-cost airline, made a new offer to buy the 70 percent of its Irish rival Aer Lingus that it does not already own.

Tue, 02 Dec 2008 08:20:05 GMT

Some Nations That Spurned the Euro Reconsider

European governments that have been forced to defend their currency now see a value in a common currency.

Tue, 02 Dec 2008 19:14:03 GMT

Itineraries: The Dislocated Americans

When an overseas posting fails, the problem is often not the worker, but the spouse and children.

Tue, 02 Dec 2008 08:21:39 GMT

Deutsche Rejects a Rescue, Even as Its Shares Tumble

Deutsche Bank fancies itself an exception to the view that giant banks need rescuing. But the markets will have the final word, and so far they are not buying the story.

Tue, 02 Dec 2008 07:11:49 GMT

Toyota Trims Management Pay

Toyota Motor said it would cut management bonuses by 10 percent as the global economic slowdown deepens.

Sat, 29 Nov 2008 17:32:14 GMT

Violence Clouds India’s Economic Future

The terrorist siege is likely to threaten India’s already murky economic future and thwart plans to transform Mumbai into a regional financial center, economists said.

Sat, 29 Nov 2008 09:14:13 GMT

Britain Hopes to Lure Shoppers With Weak Pound

Compared to last year, the British pound has dropped substantially, with retailers hoping to lure American tourists while also enticing Britons to shop at home.

Sat, 29 Nov 2008 09:11:38 GMT

Fears That a Weakened British Pound May Grow Weaker

Some in Britain fear that the government’s plan to borrow and spend to counter the current recession may lead to a run on the pound.

Sat, 29 Nov 2008 09:13:27 GMT

Europe Accuses Drug Makers of Padding Health Care Costs

The European Union accused drug companies of adding billions of dollars to health care costs by delaying or blocking the sale of less-expensive generic medicines.

Fri, 28 Nov 2008 05:07:19 GMT

Mile of London Tunnels for Sale, History Included

After years of lying unused, a historic tunnel complex built in 1940 can be bought for $7.4 million.

Fri, 28 Nov 2008 05:16:24 GMT

Aeroflot Faces a Politically Connected Rival

A government-sponsored merger of 11 regional airlines has twice as many aircraft as Russia’s national airline.

Fri, 28 Nov 2008 04:48:19 GMT

The Prestigious Design of Ferrari’s Factory

Ferrari is highlighting a brand and underscoring a claim to luxury style through the innovation of a factory design.

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