 Google returns its servers to ChinaGoogle's search engine has once again started working in China, where users had been temporarily blocked from accessing the... | |
 Italian parliament passes austerity billThe Italian parliament has approved its austerity package by a vote 321 to 270... |
 Iraqi power stations to be built by French firmThe French energy infrastructure firm Alstom has signed a memorandum of understanding with the Iraqi... |
 Oil ventures being set up between Italy and EgyptThe Italian energy group, ENI, has agreed to aid in the production and transport of oil and gas supplies in... |
 Toyota forced to recall high-end vehiclesToyota Motors has told US owners of their high-priced passenger cars and SUVs that they could be in for a... |
 Chinalco and Rio Tinto in joint ventureThe giant Anglo-Australian miner, Rio Tinto, has agreed to a joint venture with Chinese firm,... |
 Furlough system comes into play at American AirlinesAmerican Airlines has decided to cut the jobs of 920 flight... |
 U.S. stocks struggle to gain momentumU.S. stocks lost ground Thursday although losses were... |
 Bangladesh sets new minimum wage for garment workersBangladesh has told its garment workers they can have another $20 per month in a minimum wage... |
 Facebook forced to deal with another privacy issueThe private details of 100 million Facebook users have been published... |
 Some California state workers to take unpaid leaveGovernor Arnold Schwarzenegger of California has given an executive order for some state workers to take three unpaid days off per month starting in... |
 Greek truck drivers get back to work order from governmentThe Greek government, using a rare law, has ordered truck drivers back to... |
 Protesters gather at Fiat Mirafiori plantFiat car workers in Italy have been running protests over the company’s future in its home... |
 Report says Alaskan spill was caused by power failureA power failure contributed to a 4,500-barrel oil spill in the US in... |
| Ex-Citigroup CFO pays $100,000 to settle SEC sub-prime charge Ex-Citigroup CFO pays $100,000 to settle SEC sub-prime charge Gary Crittenden pays $100,000 to settle charges that he made misleading SEC filings that misled investors about Citigroup's exposure to... |
| World stocks fall as data takes shine off earnings BANGKOK -- World markets fell Friday, overlooking strong earnings in Asia and Europe as Japanese shares tumbled on a strong yen and dour economic figures ahead of a key U.S. growth report.Global... |
| FTSE fades ahead of US GDP figures is currently 26.23 points lower at 5287.72, as investor nervousness about the state of the global economy continues. On US GDP, Jim Reid at Deutsche Bank... |
| Rentokil cost-cutting drives 39% profits rise Rentokil Initial is expanding from its rat-catching roots to security guards, treatming bed bugs and delivering fresh fruit as it continues to overhaul the business.Last month Rentokil bought... |
| Metro Bank opens its first branch in London Santander poised for next phase of growth in Britain as profits rise by 10% Spanish bank could take over 318 Royal Bank of Scotland branches as early as next... |
| Markets News Afternoon: Italy's Intesa Sanpaolo considering bid for Allied Irish Bank's stake in Polish bank Bank Zachodni WBK See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when... |
| Walt Disney Sells Miramax to Filmyard Holdings The sale of Miramax includes rights in over 700 movie titles including Academy Award winners such as "Chicago," "Shakespeare in Love" and "No Country for Old Men," Disney said. While Miramax has... |
| Anglo American first half net profit down 31 pct but underlying earnings improve LONDON - Mining company Anglo American PLC says its first half net profit was 31 per cent lower than a year ago, when it booked a big one-time gain, but that underlying earnings rose. Anglo American... |
| Sony, Panasonic Withstand Strong Yen With Forecasts July 30 (Bloomberg) -- Sony Corp. and Panasonic Corp., the world’s largest consumer-electronics makers, signaled Japanese technology companies are withstanding slowing European demand and the... |
| Chalco Shares Rise on Guinea Iron Ore Stake Purchase July 30 (Bloomberg) -- Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, rose the most in more than four months in Shanghai trading after agreeing to buy a stake in Rio... |
| Nomura’s Profit Falls on Investment Banking Slump July 30 (Bloomberg) -- Nomura Holdings Inc., Japan’s biggest brokerage, said profit fell 80 percent in the first quarter on a slump in investment banking and... |
| Disney sells Miramax for over $660 million to Filmyard LOS ANGELES/BANGALORE — Walt Disney Co has sold film studio Miramax for more than $660 million to Filmyard Holdings LLC, ending months of talks between the media group and various bidders. ... |
| Experience on Wall Street? Don't run for office. FORTUNE -- Poor John Kasich. When he made that fateful decision in January 2001, he was just doing what politicians have done since time immemorial: he was taking a cushy Wall Street job between a... |
| Citigroup agrees $75m fraud fine Banking giant Citigroup has agreed to pay $75m (£48m) to settle civil charges that it misled investors over potential losses from high-risk... |
| Earnings Watch: Updates, advisories and surprises +0.28% ) said Friday that its first-half net profit fell 31% to $2.06 billion from $2.97 billion, while group revenue including associates rose 35% to $15.02 billion. Excluding tax and one-off... |
| Samsung Elec to introduce Android-based tablet in Q3 July 30, 2010 SEOUL, July 30 (Reuters) - Samsung Electronics Co plans to introduce tablet computers this quarter based on Google's Android operating system, joining a growing list of firms ... |
| German Retail Sales Fall 0.9% In June LONDON -- German retail sales fell 0.9% in June, the Federal Statistical Office reported Friday. Compared to the same month last year, sales rose 3.1%. Economists had forecast a 0.3% monthly... |
| BA, Virgin Signal Arrival Of Recovery In Aviation LONDON -(Dow Jones)- U.K. carriers British Airways PLC (BAY.LN) and Virgin Atlantic Friday signalled the start of recovery after they survived a tough economic downturn amid huge disruption from the... |
| SPI Australia Assets Prices 5-Year A$500 Million Bond At Swap +185 Bps SYDNEY -(Dow Jones)- SPI Australia Assets Pty. Ltd. has priced a new A$500 million five year, fixed rate bond at 185 basis points over swap, a lead manager said Friday. The final order book, for what... |
| FOREX-Dollar hits 8-month low vs yen before U.S. GDP July 30, 2010 * Dollar hits 8-month low of 86.25 yen * Traders look to U.S. Q2 GDP to slow * Yen rises on Japanese exporters' month-end bids * Euro steady near 12-week high, supported by dlr... |
| UPDATE 2-British Airways sees FY breakeven despite Q1 loss July 30, 2010 * Q1 pretax loss 164 million sterling vs 148 million sterling loss * Q1 revenue 1.93 bln sterling vs 1.98 bln sterling * Analyst says BA has turned the corner into positive phase... |
| Merck's Dutch Works Council Takes Company To Court MRK ) Dutch research and development operations is taking the U.S. pharmaceutical firm to court over planned job cuts in the Netherlands, a works council spokesman said Friday, confirming earlier... |
| EADS CFO "Surprised" By Speed Of Recovery; Eyeing Acquisitions PARIS -(Dow Jones)- European Aeronautic Defence & Space Co. NV (EAD.FR) is "surprised" by the speed of recovery in the civil aviation market, following a flurry of orders for large commercial... |
| Vedanta 1Q Aluminum, Iron Output Up; Ebitda Falls Short (Adds analyst comments.) LONDON -(Dow Jones)- London-listed miner Vedanta Resources PLC (VED.LN) Friday reported increased production of aluminum and iron ore in its fiscal first quarter, but said... |
| GTL Infrastructure: Likely To Close Reliance Infratel Deal As Per Target NEW DELHI -(Dow Jones)- India's GTL Infrastructure Ltd. (532775.BY) said Friday it expects to close the deal to buy the tower assets of Reliance Infratel Ltd. within its target of four-six months... |
| Total 2Q Net Up 43% On Stronger Output, Prices, Dollar TOT ) Friday posted a 43% increase in second-quarter net profit, boosted by stronger production, higher oil prices and a stronger dollar. Total's net profit was EUR3.1 billion for the three months to... |
| UPDATE 1-China overtakes Japan as No.2 economy -FX chief July 30, 2010 * China set to grow by more than 9 pct this year * No basis for sharp yuan rise; rate nearer to equilibrium * China to keep mix of FX reserve assets * Beijing in no rush to make... |
| UPDATE 2-Honda lifts forecasts after strong sales drive Q1 July 30, 2010 * Q1 op profit 234.4 bln yen vs consensus 138.3 bln yen * Lifts FY op profit forecast to 450 bln yen from 400 bln yen * April-June op profit best in 2-�� years * Q1... |
| Mizuho posts a profit in Q1, keeps full-yr forecast July 30, 2010 TOKYO, July 30 (Reuters) - Mizuho Financial Group, Japan's second-largest bank by assets, swung back on Friday to a profit for its first quarter, buoyed by smaller bad-loan costs... |
| BOJ FOCUS-BOJ to opt for minor steps, shun quantitative easing July 30, 2010 By Leika Kihara TOKYO, July 30 (Reuters) - The Bank of Japan is expected to opt for minor tweaks if it were to ease policy further, avoiding radical steps such as a return to... |
| Tire Maker Michelin Swings To First-half Profit FRANKFURT -- French tire manufacturer Michelin SCA said Friday it swung to a first-half net profit of 504 million euros ($659 million) from a loss of €122 million in the same period a year ago.... |
| Anglo American Profit Down 31%, Dividend Announced LONDON -- Mining group Anglo American said Friday that its first-half net profit fell 31% to $2.06 billion from $2.97 billion, while group revenue including associates rose 35% to $15.02 billion.... |
| EDF Gets Offer For UK Assets As Profit Drops 47% FRANKFURT -- French power firm Electricite de France SA said Friday its first-half net profit dropped 47% to 1.66 billion euros ($2.17 billion) from €3.12 billion, with the result hurt by a... |
| Vedanta Resources Quarterly EBITDA Surges LONDON -- Mining giant Vedanta Resources said Friday that its fiscal first-quarter earnings before interest, tax, depreciation and amortization jumped to $793.9 million, from $354.7 million in the... |
| Goldman Sachs eyes Slovenian top bank: report ) is interested in taking over Slovenia's largest bank Nova Ljubljanska Banka (NLB), daily paper Finance reported on Friday, citing unofficial government... |
