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Jumat, 23 November 2012

Google Alert - Business

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Wal-Mart's India Venture Suspends Executives Amid Bribery Investigation
New York Times
MUMBAI — Wal-Mart's Indian joint venture has suspended several senior executives and delayed the opening of some stores in the country as part of an internal bribery investigation, the company said on Friday.
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Cyprus Poised for Bailout From European Union
Wall Street Journal
NICOSIA, Cyprus—Cyprus appears poised to announce an agreement on a multibillion-euro bailout deal with international creditors, a move that would help avert a looming cash crunch facing the island's government and help restore its banking sector to ...
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EMERGING MARKETS-Brazil stocks up, utilities drag; Mexico jumps
Reuters
Thu Nov 22, 2012 6:26pm EST. * Stronger China factory sentiment supports Brazil * Argentine stocks hit six-month low on default jitters * Bovespa rises 0.35 pct, Mexico IPC up 0.87 pct By Michael O'Boyle MEXICO CITY, Nov 22 (Reuters) - Brazilian stocks ...
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UPDATE 1-Sony at greater risk than Panasonic in electronics downturn-Fitch
Reuters
Fri Nov 23, 2012 4:40am EST. TOKYO Nov 23 (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, ...
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Stock index futures signal flat to higher open
Reuters
LONDON | Fri Nov 23, 2012 4:34am EST. LONDON (Reuters) - Stock index futures pointed to a flat to higher open on Friday, with futures for the S&P 500 staying flat, the Dow Jones futures up 0.3 percent and the Nasdaq 100 futures rising 0.3 percent.
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HK Shares End Higher on China Market Reform Hopes; Developers Lead
Wall Street Journal
HONG KONG--Hong Kong shares rose for a fifth session out of six on Friday, tracking a rise in Chinese equity markets, with property developers leading gains. The blue chip Hang Seng Index rose 170.78 points, or 0.8%, to 21,913.98 after trading between ...
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UPDATE 1-German business sentiment surprises with rise in Nov
Reuters
Fri Nov 23, 2012 4:36am EST. BERLIN Nov 23 (Reuters) - German business sentiment surprised with its first rise in seven months in November, as companies turned more optimistic and put Europe's powerhouse economy on track for stronger growth again ...
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Review process begins for 2nd Philly slots license
Businessweek
PHILADELPHIA (AP) — Get ready for round two of the casino selection process in the City of Brotherly Love. The Pennsylvania Gaming Control Board has begun paging through the six applications it received for the city's second casino license before the ...
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Greece 'Closer Than Thought' to Debt Deal
Wall Street Journal
Greece's creditors are closer than previously thought to a deal that would allow the country to receive its next loan installment, a senior Greek government official said. "The disagreement at the end of the meeting Monday was about €10 billion [$12.88 billion]," ...
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Party train from California to Las Vegas could hit tracks in 2013
Fox News
LAS VEGAS – As if a weekend in Las Vegas isn't wild enough for Southern Californians, a Nevada entrepreneur is about to add five more hours of party to either end. After striking an agreement with Union Pacific Railroad last week, the Las Vegas Railway ...
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S&P Keeps France's AA-Plus Rating
Wall Street Journal
PARIS—Standard & Poor's Ratings Services on Friday confirmed France's double-A-plus rating, offering an important endorsement of President François Hollande's measures to boost the economy just days after rival Moody's Investors Service stripped the ...
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Wall Street Journal
HIGHLIGHTS-Leaders' comments from EU budget negotiations
Reuters
BRUSSELS | Fri Nov 23, 2012 4:26am EST. BRUSSELS Nov 23 (Reuters) - Britain and Germany will push for deeper cuts to the European Union's proposed 1 trillion euro ($1.3 trillion) budget for 2014-2020 at a second day of summit talks on Friday, after the ...
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NY tax revenues dwindling even before Sandy impact
Businessweek
ALBANY, N.Y. (AP) — One of the biggest fallouts from Superstorm Sandy could hit New York state taxpayers hard. Tax collections were $170.8 million below expectations in October before the storm hit New York City, Long Island and the Hudson Valley on ...
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Black Friday frenzy begins for shoppers
MarketWatch
The frenzy of Black Friday has officially begun. A survey of several stores in Manhattan from Thursday night leading into early Friday morning told the tale of shoppers who were out to save that extra buck, as well as plenty of first-time shoppers who were in for ...
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Argentina willing to go to US Supreme Court in bond row
Reuters
By Juliana Castilla. BUENOS AIRES | Fri Nov 23, 2012 2:01am EST. BUENOS AIRES (Reuters) - Argentina will appeal a U.S federal court ruling ordering it to pay $1.33 billion to holdout bond investors, the government said on Thursday, vowing to fight ...
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Outdoors: Deer hunting benefits us all
Worcester Telegram
It's late November — time for biologists and ethical hunters to help Massachusetts. In the process, they also need to help anti-hunters understand that healthy wildlife populations depend on sound, scientific management. The Massachusetts bow season, ...
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Ride-along helps insurance commissioner see law enforcement's side
Tulsa World
Representatives with the Oklahoma Insurance Commission got a real-time lesson in state law enforcement on Thanksgiving. Oklahoma Insurance Commissioner John Doak spent the morning riding with an Oklahoma Highway Patrol trooper to see how car ...
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Cohen's 'Elan Guy' Martoma Dropped Ethics for Hedge Fund
Bloomberg
Mathew Martoma got off to a slow start in the hedge-fund world. A former student at Harvard Law School, he co-wrote papers on medical ethics before seeking a business degree at Stanford University and joining a little-known Boston hedge fund. Former ...
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RIM rally: Maybe Apple is playing a role here
Globe and Mail
RIM shares have been on a two-month tear, rising more than 85 per cent – and the fact that the U.S. stock market was closed on Thursday didn't affect this enthusiasm: The shares jumped about 16 per cent in Toronto, with heavy volume of more than 9 million ...
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Globe and Mail
Report: Make Idaho's weatherization program more uniform
Twin Falls Times-News
TWIN FALLS • Despite serving a vital role in Idaho, weatherization programs should implement uniform cost-effective measures before increasing funding, a recent report recommended. This recommendation comes from a staff report by Idaho's Public Utilities ...
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UPDATE 2-Codelco sees '12 copper output under 1.7 mln tns, grades slide
Reuters
Thu Nov 22, 2012 12:04pm EST. * Codelco January-September copper output falls 5 pct * Lower ore grades slam state miner * Codelco Jan-Sept profit jumps 27.3 pct on Anglo stake buy * CEO says copper market cautious, still healthy * Sees 2013 output ...
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Cutbacks hurting Atlanta's Empty Stocking Fund
WSB Radio
Major cutbacks at an 85-year-old Atlanta charity will have a big impact this holiday on children. The Empty Stocking Fund, which provides toys to children, says they're donations have consistently gone down, about $400,000 since 2008. Empty Stocking Fund ...
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Boil order lifted for Roundup water supply
The Missoulian
ROUNDUP - The boil order in effect for Roundup residents has been lifted, Musselshell County Disaster and Emergency Services said Wednesday afternoon. Roundup city officials said the five water samples collected Tuesday are absent of bacteria.
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Stores Open On Thanksgiving Day 2012: More Hours, More Retailers
Huffington Post
In fact, according to About.com, some 200 retailers will have Thanksgiving Day hours this year. Among the stores that will be open at least part of Thanksgiving: Aeropostale, Banana Republic, Big Lots, CVS, Family Dollar, Gap, Kenneth Cole, Kmart, Old Navy, ...
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Shop-local movement touts Small Business Saturday
Modesto Bee
It's a little tough to feel jolly this holiday season, if you're a small-business owner. Bruised by the recession and uneasy about the postelection economy, America's small businesses face yet another big unknown: whether consumers are feeling festive or frugal ...
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Modesto Bee
Why investors pay when corporate critics are shut down Add to ...
Globe and Mail
Short-seller Carson Block made his name by foretelling the implosion of Chinese-Canadian firm Sino-Forest Corp. Now he and his firm, Muddy Waters Research, have moved on to a bigger target – giant Singapore-based commodities trader Olam ...
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Risk? Bring it on, Canadian miners say
Globe and Mail
There are few business sectors where Canada can claim global dominance, but as a centre for mining development, it is an industry leader. The Toronto Stock Exchange (TSX) and its small-cap partner, the Venture Exchange, are home to 58 per cent of the ...
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Globe and Mail
Gas drilling presents Obama with historic choices
DailyFinance
PITTSBURGH -Energy companies, environmental groups, and even Hollywood stars are watching to see what decisions President Barack Obama makes about regulating or promoting natural gas drilling. The stakes are huge. Business leaders don't want ...
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Unemployment rate unchanged for Augusta in October
The Augusta Chronicle
The Georgia Department of Labor reported Thursday that the preliminary unemployment rate in metro Augusta was unchanged at 8.6 percent from September to October. The rate was 9.3 percent in October 2011. Results for counties in the metro area were ...
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Wealthy Singapore ranks as world's most stoic
CNN
Hong Kong (CNN) -- The most emotionless society is Singapore's despite its reputation for being among the world's richest, a new survey has revealed. Gallup looked at 150 countries where about 1,000 residents were asked whether they experienced five ...
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RBA highlights currency flows quandary
Moneycontrol.com
A significant increase in the pace of foreign currency accumulation at the Reserve Bank of Australia over the past three months has attracted plenty of comment and analysis, even though it amounts to a mere blip in the country's foreign exchange flows.
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Moneycontrol.com
Hostess closing hits Brattleboro
Rutland Herald
Hostess Brands Inc.'s announcement that it's going out of business has reverberated locally. An area outlet store closed Wednesday, and pastry and bread shelves in some convenience stores are empty. Last Friday, Hostess Brands Inc., filed for bankruptcy ...
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Black Friday early for shoppers, protests
San Francisco Chronicle
Despite the earliest start ever and a protest over employee working conditions, the Christmas shopping season got off to a brisk if relatively quiet start at the Walmart in San Leandro on Thanksgiving. Merchants used to open before dawn on Black Friday to ...
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San Francisco Chronicle
Shoppers Flock To Black Friday Sales
WHIZ
It has been busy in Zanesville and the rest of the country as shoppers rushed to area stores to take advantage of Black Friday sales. The Colony Square Mall officially opens at 6 a.m. Friday, but 20 stores opened at 12 midnight. Others stores in town also ...
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Spain Sells More Bonds Than Planned
Wall Street Journal
A Spanish bond sale went smoothly Thursday, attracting yield-hungry investors who had been reassured since the country secured the funding it needs for 2012 at previous auctions. The Spanish Treasury, which has hit its 86 billion euro ($110 billion) gross ...
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NISSAN sees Nov China sales down about 25 pct on year - exec
Reuters
DONGGUAN, China | Thu Nov 22, 2012 11:01pm EST. DONGGUAN, China Nov 23 (Reuters) - Nissan Motor Co expects its November China sales to be around 45,000 cars, down about 25 percent from a year earlier, a senior executive said on Friday.
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EU Approves Glencore-Xstrata Merger
Wall Street Journal
BRUSSELS—The world's biggest mining deal is on the brink of completion after the European Union's competition authority Thursday conditionally approved the $32 billion merger between Glencore International PLC and Xstrata PLC. The EU said the ...
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Wall Street Journal
Mersch Named to ECB Post After Longest Euro Appointment Battle
Bloomberg
Luxembourg's Yves Mersch was named to the European Central Bank's board after the longest battle over an appointment in the euro's 13-year history, bolstering the ECB's anti-inflation wing. Mersch, 63, overcame Spain's attempt to retain the seat and a plea ...
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U.K. Stocks Gain as Chinese Manufacturing Expands
Bloomberg
U.K. stocks rose for a fourth day, their longest winning streak in five weeks, as a report indicated that China's manufacturing industry will expand this month for the first time in more than a year. SABMiller Plc (SAB) posted the biggest gain on the FTSE 100 ...
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SA moguls dominate richest list
Times LIVE
De Beers chairman Nicky Oppenheimer, whose family has sold its 40% stake in De Beers to Anglo American for $5.1-billion, says his son, Jonathan, will take over managing the family's fortune Picture: STEFAN WERMUTH/REUTERS. The combined net worth ...
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UBS faces large fine from Swiss and UK regulators after trial
The Guardian
The Swiss bank UBS is braced for a fine and reprimand from regulators after its former trader Kweku Adoboli was jailed for fraud. The UK's Financial Services Authority and the Swiss financial market supervisory authority (Finma) are also investigating the ...
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The Guardian
Did You Save Some Turkey Fat? Other Oils?
New York Times (blog)
What could be more heartwarming than the sight of a table groaning with glistening Thanksgiving turkey, candied yams and buttery brussel sprouts or green beans? Still, all of that succulence is balanced by chaos and mess in the kitchen, where towers of ...
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Yen's haven status set to be tested
Financial Times
The prospect of elections in Japan and subsequent pressure on the country's central bank to ease monetary policy aggressively have driven the yen sharply lower in recent days. Has the move been overdone – or will the currency stay weak into 2013?
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Spain speeding up naturalization for Sephardi Jews
The Associated Press
MADRID (AP) — Spain has announced measures to speed up the naturalization of Jews of Sephardic descent whose ancestors fled the Iberian peninsula more than five centuries ago when they were told to convert to Christianity or go into exile. Sephardi ...
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Ask Kim: How can I speed up my homeowners claim?
Chicago Tribune
Q. My home was damaged by Hurricane Sandy in October, but I'm still waiting for an adjuster to contact me about my claim. Any advice? A. It can take weeks to get an appointment with an insurance adjuster after a major disaster. Your insurer wouldn't want ...
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Micro-apartments a tiny housing advance
San Francisco Chronicle
After a prolonged saga that exposed nearly everything that's wrong with San Francisco's housing policy, the Board of Supervisors approved legislation to allow for the construction of hundreds of 220-square-foot "micro" apartments. The plan's sponsor ...
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Amazon Black Friday deals set to send Brits into tizzy
The Finance Pages
Black Friday 2012 is going to be a busy day for Brits too as retailer such as Apple and Amazon are bringing the US tradition to the country, for customers to make the most of Black Friday deals over this weekend. The Black Friday deals are being introduced by ...
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The Finance Pages
Jobless rate in McHenry County falls to 7.5 percent
Northwest Herald
McHenry County's unemployment rate fell to 7.5 percent in October, down from 8.7 percent a year ago, according to preliminary data released Wednesday by the U.S. Department of Labor and the Illinois Department of Employment Security. The jobless rate in ...
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BC embraces Black Friday sales
Vancouver Sun
A busload of frazzled Canadian shoppers planned to return to Vancouver about 3:30 a.m. Friday after hours of hectic bargain-hunting in the great American retail phenomenon known as Black Friday. The adventurous consumers spent $29 each for a return ...
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UK Cyber Monday to pass 100 million
Computer Business Review
2012 is predicted to be the biggest Cyber Monday ever with 115 million visits expected to online retail sites. online shopping. According to Experian and Hitwise, this will be the first shopping day in the UK with more than 100 million visits, a 36% increase from ...
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