 Brazilian investment firm buys Burger KingThe Burger King fast food chain has been bought by Brazilian investment fund, 3G Capital, which is run by Jorge Paulo Lemann, who ranks 48 in Forbes list of... | |
 UN wants to protect all oceansThe UN chief has called for the collective global protection of... |
 Troubled Kabul bank could be in for bail outAfghanistan has offered a bailout for the troubled Kabul Bank, where nervous investors in droves have been withdrawing... |
 Market reacts badly to China Strategic announcementThe China Strategic company has sunk to an 11-month low in Hong... |
 Australian bank warns of profit dropThe Macquarie bank in Australia has warned customers that shares will be down due to a company announcement cutting its profit... |
 With election coming up Obama talks economyPresident Obama has announced he will unveil a new plan to create... |
 Potential mergers explored by BA bossThe head of British Airways, Willie Walsh, has said a shortlist of names has been drawn up for consideration in merger... |
 Strikers go out at S Africa’s biggest platinum mineA strike has begun at the South African mine which produces most of the country’s... |
 Cost cutting in Dubai leads to shabby standardsBuilding standards in Dubai are said to be getting worse with developers cutting jobs and other... |
 IMF chief says economy improvement will be moderateThe IMF’s First Managing Director, John Lipsky, has stated that he believes the world economy will continue to recover moderately but will face challenges along the way, such as the need for medium-term fiscal... |
 Pilots on furlough being called back to ContinentalContinental Airlines in the US is beginning to welcome back 132 pilots who were furloughed in... |
 Drugmaker Roche reviews its business modelThe Swiss drugmaker Roche has decided to cut costs in response to recent setbacks in the development of major... |
 Next job lift expected in certain professionsWhile US companies modestly added jobs in August, it will still take a while before unemployment falls to pre-recession... |
 Speculative hedge funds under pressure in BrusselsSpeculative hedge funds will come under scrutiny in Brussels over the next few... |
 Booming car industry could decline in ChinaOfficials in China have suggested the country should end preferential policies for automotive companies in order to curb... |
| Asian stocks down, but recovery worries are easing TOKYO Asian stock markets fell in early trading Tuesday but losses were limited on easing worries over the pace of the global economic recovery. Japan's benchmark Nikkei 225 stock index... |
| ABC News chief David Westin, who took over in 1997, says he's quitting at end of year NEW YORK - ABC News President David Westin, the longest-reigning network news division chief, with more than 13 tumultuous years on the job, told his staff Monday that he is resigning and will leave... |
| Samsung Electronics May Use Google’s Android Software in TVs Sept. 7 (Bloomberg) -- Samsung Electronics Co., the world’s largest television maker, said it may equip its TVs with Google Inc. software, and compete with Sony Corp. in offering sets that surf... |
| Student Loan Scrutiny Could Hurt Washington Post WPD ) could always rely on its Kaplan testing and education unit to help prop up results. With the company's media business still hurting, a crackdown by the Obama Administration on student loan... |
| FTSE posts longest run of gains since June, Wall St closed There has been a seventh consecutive rise on the FTSE with investors still buoyed by a better than expected US employment report. (ABC News, file... |
| Ousted Hewlett-Packard CEO gets job at Oracle Hewlett-Packard Co. Chief Executive Mark Hurd to be the company's co-president and a director on its board.Hurd, 53, resigned as head of HP, the world's largest computer maker, on Aug. 6 after a... |
| FOREX-Euro falls on bank sector jitters, RBA eyed By Rika Otsuka TOKYO, Sept 7 (Reuters) - The euro slid on Tuesday from athree-week peak against the dollar hit the previous day, asrekindled worries about the European banking sector... |
| Obama To Unveil New, Massive Business Tax Cut: WSJ Wall Street Journal reported Monday. The president is expected to make the announcement Wednesday, with the tax break to be retroactive from the same day, according to the report. Congress will need... |
| Shell Australia Chairman Says Not Getting Ready To Buy Woodside Australia Chairman Ann Pickard said Tuesday the company isn't considering buying Woodside Petroleum Ltd. (WPL.AU). Shell has a "small piece of Woodside," Pickard said at a business breakfast in... |
| Nikkei dips on profit-taking after 4 day rally By Shinichi Saoshiro TOKYO, Sept 7 (Reuters) - Japan's Nikkei stock average fell0.3 percent on Tuesday, dented by profit-taking after fourstraight days of large gains and as the yen's strength... |
| Australia Shares Move Sideways In Cautious Trade LOS ANGELES -- Australian shares traded little changed Tuesday morning, as the markets awaited a central bank policy decision and a likely announcement over which political party would lead the... |
| JGBs take respite from slide as Nikkei falters TOKYO, Sept 7 (Reuters) - Lead 10-year Japanese governmentbond futures edged higher on Tuesday, drawing support from a dipin Tokyo share prices, and regaining some ground a day aftersuffering their... |
| Nikkei expected to log 5th day of gains (Corrects index's 16-month low in paragraph 7 to 8,796 from8,927) TOKYO, Sept 7 (Reuters) - Japan's Nikkei average is set torise on Tuesday, riding momentum from the past four days of gainsbut... |
| Obama to propose plant, equipment tax write-offs Barack Obama willpropose Wednesday that businesses be allowed to write offall their new investments in plant and equipment through 2011,an administration official said Sunday. The plan would cut... |
| Oracle Names Mark Hurd As President Mark Hurd as one of its two presidents and a member of its board of directors. At the same time, the firm announced that current president Charles Phillips has resigned, both as president and as a... |
| MMC, Peugeot to make electric cars in Spain -Nikkei (Updates with more details) TOKYO, Sept 7 (Reuters) - Japan's Mitsubishi Motors Corp andpartner Peugeot SA plan to build a compact electric vehicle atthe French company's plant in Spain, the Nikkei... |
| China Strategic: Received Formal Notice From Taiwan Regulator On Nan Shan Rejection China Strategic Holdings Ltd. (0235.HK) said Monday it received formal notice from Taiwan's Ministry of Economic Affairs rejecting its planned US$2.15 billion purchase... |
| Woolworths To Sell A$900 Million Property Portfolio Dow Jones )- Woolworths Ltd. (WOW.AU) intends to sell more than A$900 million of its shopping centers and development projects. The 30-plus properties will be disposed of via sale and lease-back... |
| Japanese Shares Fall, With Techs Among Top Losers LOS ANGELES -- Japanese shares lost ground in early Tuesday trading, giving back some of their previous-session gains ahead of a central bank decision due later in the day. The Nikkei Stock Average... |
| Nikkei down 0.8 pct on profit-taking after rally TOKYO, Sept 7 (Reuters) - Japan's Nikkei average fell 0.8percent on Tuesday, dented by profit-taking after four straightdays of large gains and as the yen's strength shows little signof abating. The... |
| Mitsubishi, Peugeot Plan Electric Vehicle: Report SYDNEY -- Mitsubishi Motors Corp. is planning a development deal with Peugeot SA to produce a commercial electric vehicle, according to a report Tuesday. The vehicle is expected to enter production... |
| Barclays Reportedly Set To Name Diamond As CEO SYDNEY - British banking group Barclays PLC is expected to announce a change of chief executive officers on Tuesday, according to a report Monday. The lender will announce that Bob Diamond, the... |
| Obama kicks off campaign with infrastructure plan MILWAUKEE (Reuters) - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new... |
| Greek PM reshuffles cabinet, stays fiscal course ATHENS (Reuters) - Greek Prime Minister George Papandreou reshuffled his cabinet early on Tuesday to try to better deal with the debt crisis and signaled he would stay the fiscal course by leaving... |
| Asian Stocks Down, but Recovery Worries Are Easing Asian stock markets fell in early trading Tuesday but losses were limited on easing worries over the pace of the global economic recovery. Japan's benchmark Nikkei 225 stock index declined 50.19... |
| Family of Heiress Seeks Guardian Two nieces and a nephew of the reclusive heiress of a Montana copper fortune are asking a Manhattan court to appoint a guardian to oversee the 104-year-old woman's personal and financial affairs. ... |
| Hurricane Watch Issued for Coasts of Mexico, Texas This NOAA satellite image taken Monday, September 06, 2010 at 01:45 PM EDT shows clouds associated with Tropical Storm Hermine spinning in the western Gulf of Mexico. The system is currently about 85... |
| No chips, no jobs as plant sits idle On the production line of a never-opened potato chip plant, Arlen Kangas pointed to where potato flour and flakes would be put into an oven to be baked into a uniform stackable... |
| Oracle names ousted HP CEO Mark Hurd co-president, board member; co-president Phillips resigns SAN FRANCISCO - Oracle Corp. has announced former Hewlett-Packard Co. CEO Mark Hurd is joining the database software maker as co-president. Oracle said in a statement Monday that Hurd will also... |
| Asian stocks fall, but losses are limited on easing recovery worries TOKYO - Asian stock markets fell in early trading Tuesday but losses were limited on easing worries over the pace of the global economic recovery.Japan's benchmark Nikkei 225 stock index declined... |
| Tesco director takes up non-executive post at ITV Tesco's Lucy Neville-Rolfe has joined ITV as a non-executive director to help drive its new team's turnaround and tackle potential regulatory hurdles. The corporate and legal affairs director at the... |
| Bob Diamond to be appointed as Barclays new chief executive Peter Mandelson called US-born Bob Diamond the ‘unacceptable face’ of banking for his estimated £60m-plus pay package Photograph: Sarah Lee for the... |
| Letter: Smart land use for food, fuel and more biofuels falls into the trap of being overly simplistic on a topic of enormous complexity – namely, how can we ensure smart land use across the globe to meet human needs for food, fuel, clothing,... |
| Dana Gas, Aldar Lead Convertible Debt Rally: Islamic Finance Sept. 7 (Bloomberg) -- Convertible Islamic debt sold by Dana Gas PJSC and Aldar Properties PJSC are headed for the best quarter in a year, a sign the Persian Gulf market is... |
