Business and Finance News
- Nigerian president warns that oil developers will flee
Kazakhstan News.Net
President Umaru Musa Yar'Adua of Nigeria has visited the town of Yenagoa in the Niger Delta region.
- New man at the helm of Fiat
Kazakhstan News.Net
In Italy, it has been announced that John Elkann will become the new head of Fiat, at the age of 32.
- Real estate plan for new Abu Dhabi stock exchange
Kazakhstan News.Net
A new multi-billion dirham real estate development has been announced for Sowwah Island in Abu Dhabi.
- Egyptian finance companies consumed by Global
Kazakhstan News.Net
Cairo based companies, Egypt Capital Trust and Misr International Securities have been taken over by leading international investment firm Global Investment House.
- British Airways on the lookout for new blood
Kazakhstan News.Net
British Airways has ignited fresh speculation over the continuing role of Willie Walsh, the airline's chief executive.
- Venezuela and China in new oil venture
Kazakhstan News.Net
Venezuela and China have signed deals for a joint venture to produce oil in Venezuela's Orinoco area to supply a new 400,000-barrel-a-day refinery that will be built in China.
- Overseas funds help build Qatar desalination plant
Kazakhstan News.Net
Gas-rich Qatar has signed deals to build a US$3.8 billion-dollar desalination and power plant.
- Australian budget will penalise the rich
Kazakhstan News.Net
Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury cars.
- Pollo Campero opens franchise in US Wal-Mart store
Seattle Post-Intelligencer
Pollo Campero, a Latin American fried chicken...
- Late Comeback Lifts Asian Stock Markets
Smart Money
Kumar Asian markets ended mostly higher Monday, reversing course after dropping earlier in the session, with Japanese shares lifted as Nikon Corp. on a pullback in...
- Price Rises Could Turn You Into A Basket Case
Sky News
Filling basket is a pricier business A basket of 24 common supermarket items such as tea bags, potatoes and pasta sauce costs 19.1% more than it did 12 months ago, according to a survey.The...
- Cablevision Offer Baffles Wall Street
Gadsden Times
Not for the first time, and probably not for the last, Wall Street is wondering just what the Dolans are thinking. Like many actions taken by the Dolans, the family that controls Cablevision...
- Microsoft software for video chats
The Seattle Times
Seeking more revenue from Internet ads, Microsoft has introduced software that allows users to exchange messages while watching online videos. Messenger TV combines the Windows Live...
- Fog of War Shrouds Computer Advance
Wired News
... a computer produced by an American team, appeared in 1944 and is still occasionally cited as the first of its kind. Complicating Zuse's claim of priority, an air raid destroyed his computer, as...
- Microsoft boosts XP on budget PCs
BBC
Microsoft is cutting the cost of putting Windows XP on low cost laptops. The price cuts will only be available for ultra-portable laptops that meet a strict set of specifications. The move is...
- IndyMac Bancorp swings to 1st-qtr loss, sees 2008 loss
Seattle Post-Intelligencer
IndyMac Bancorp Inc. swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of...
- IndyMac loss steeper than expected, shares fall
Reuters
Research ), one of the largest independent U.S. mortgage lenders, posted a first-quarter loss on Monday as it wrote down bad mortgages and grappled with the cost of cutting jobs and closing offices.
- Microsoft appeals against EU fine
Arabian Business
Microsoft has announced an appeal against the 899m euro($1.39m) fine levied on it by the European Commission for anti-competitive practices. The latest fine was imposed after Microsoft failed to...
- Alliance Laundry Holdings LLC Reports 1st Quarter 2008 Earnings
CNBC
All BusinessWire news Alliance Laundry Holdings LLC announced today results for the three months ended 2008. Net revenues for the quarter ended 2008 increased $13.4 million...
- Clear Channel trial delayed till Tuesday
Reuters
The banks that had been trying to pull out of the funding for the $20 billion buyout of Clear Channel Communications...
- UK economic data raises doubt over June rate cut
Business Times
British economic data published Monday has heightened inflation worries, reducing the prospect of a fresh interest-rate cut by the Bank of England in June, analysts said.
- Connecticut Water Service, Inc. Reports Q1 Earnings Gain
CNBC
All BusinessWire news Connecticut Water Service, Inc. (NASDAQ GS: CTWS) announced that net income in the first three months of 2008 totaled $1.7 million, or $0.20 per basic common share. During the...
- Wachovia says cutting fixed-income jobs
Reuters
Research ) Chief Executive Kennedy Lewis on Monday told investors his hard-hit U.S. regional bank was cutting back corporate and investment bank jobs to reduce costs amid the ongoing market slump.
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