Business and Finance News
- Henry Paulson makes positive speech on economy
Nigeria News.Net
US Treasury Secretary Henry Paulson has said he believes the financial crisis is coming to an end but society could take some time to fully emerge from the malaise.
- UK construction industry hit by government squeeze
Nigeria News.Net
A squeeze on UK government spending has begun to hit the construction industry.
- Car sales hold up in Europe
Nigeria News.Net
New car registrations are up in Europe.
- Winemaking patriarch Robert Mondavi dies
MSNBC
A winery spokeswoman says California winemaking patriarch Robert Mondavi has died. He was 94.Robert Mondavi Winery spokeswoman Mia Malm says Mondavi died peacefully at his home in...
- SingTel moves into faster networks
Nigeria News.Net
Singapore Telecommunications, otherwise known as SingTel, has awarded a SIN$220 million contract to Ericsson Telecommunications to expand its 2G and 3G mobile network.
- Indonesian leaders to meet over fuel prices
Nigeria News.Net
Indonesia’s House of Representatives Speaker, Agung Laksono, has invited President Susilo Bambang Yudhoyono to a consultative meeting on the government's plan to raise fuel oil prices.
- Indian car maker launches eco-friendly model
Nigeria News.Net
Tata Motors of India has launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
- Bacon painting fetches record price
Nigeria News.Net
Renowned artist Francis Bacon's masterpiece, 'Triptych', has set a new record in sales by fetching a whopping 43 million pounds at an auction in New York.
- British Airways lifts profits
Nigeria News.Net
British Airways has reported a 45% rise in annual profits but warned that economic uncertainty and high fuel costs pose challenges.
- US stocks lower after a good week
Nigeria News.Net
U.S. stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy.
- US population concerned about economic future
Nigeria News.Net
US citizens believe the country is in recession.
- Economic Forum praises strength of euro currency
Nigeria News.Net
The annual Brussels Economic Forum conference has been looking at ways to meet the economic challenges facing the EU.
- Ben Bernanke wants banks to raise more capital
Nigeria News.Net
US Federal Reserve Board Chairman Ben Bernanke has said banks and securities firms will need to keep raising capital to improve their balance sheet following credit crisis.
- Malawi tobacco rotting on auction floor
Nigeria News.Net
Wildly fluctuating prices have closed Malawi's tobacco commodity auction floors.
- Australia to slow its growth
Nigeria News.Net
Australia's Reserve Bank has said the country's economy will only grow at a slower pace in the next couple of years.
- United Airlines and Continental now in talks
Nigeria News.Net
United Airlines and Continental Airlines in the US have been in talks for a possible alliance.
- Mini loans to be handed out in Africa
Nigeria News.Net
Impoverished borrowers in Africa and Asia will soon be able to receive so-called “tiny loans” from the World Bank and British-based bank Standard Chartered.
- Singapore restaurants showing empty seats
Nigeria News.Net
There was a lower turnover in Singapore restaurants after the Lunar New Year celebration, dropping the country’s catering figures to US$289.2 million.
- New management at helm of Hugo Boss
Nigeria News.Net
German fashion label, Hugo Boss has a new boss.
- Asset securitization at root of banking malaise
Nigeria News.Net
Germany's President Horst Koehler has described the world’s banking system as “a monster that must be tamed”.
- Australian cricketers coaxed back to Jaipur
Nigeria News.Net
Faced with the threat of losing future earnings in the Indian Premier League, Australia's contingent from the Rajasthan Royals franchise were coaxed back to Jaipur despite their fears following Tuesday's deadly terrorist attack in the capital city of Rajasthan.
- Microsoft Windows comes to green laptop
Earth Times
San Francisco - The One Laptop Per Child project will install Windows XP on its low-cost laptops for students in developing countries, according to a joint announcement Friday. The operating...
- Most stocks drop on Wall Street
Earth Times
New York - Most stocks fell Friday on Wall Street, led by retailers and financial services companies, after consumer confidence slumped to the lowest in 28 years and Merrill Lynch & Co advised...
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