Business and Finance News
- U.S. stocks make solid gains
Middle East News.Net
Wall Street was in positive territory at the close Tuesday, boosted by lower oil and commodity prices.
- G8 discussion centers on biofuel
Middle East News.Net
The biofuel policies of wealthy countries have been on the agenda at the G8 conference in Japan.
- Scottish gold ready to be scooped
Middle East News.Net
The only remaining gold mine in Scotland is expected to reopen in the next few weeks.
- Health insurers likely to receive fines
Middle East News.Net
Health insurance regulators are hoping to impose further fines on Anthem Blue Cross, which cancelled 1,770 patient policies last year.
- Germany to attract skilled foreign labour
Middle East News.Net
Germany is about to begin a campaign to attract foreign labour.
- Millionaires sprout up by the millions
Middle East News.Net
The world millionaires club has grown to ten million for the first time.
- Coke chairman says he will carry torch
Middle East News.Net
Coca-Cola’s chairman has defended the firm's Olympic sponsorship in Beijing.
- Singapore buys in to new Lockheed plane
Middle East News.Net
Singapore is the latest country to show interest in buying one hundred of Lockheed Martin’s F-35 Joint Strike Fighter aircraft.
- Dubai in push to attract medical tourists
Middle East News.Net
Medical tourism is receiving a boost in the UAE which is expected to attract 11.2 million healthcare tourists by the year 2010.
- Ex-WSJ editor Brauchli now heads The Washington Post
Middle East News.Net
Washington, : Marcus Brauchli, who was shunted out by Rupert Murdoch three months ago as the editor of Wall Street Journal, has been appointed as the Executive Editor of The Washington Post.
- Oil extends slide into 2nd day, losing over $5
San Diego Union-Tribune
NEW YORK – Oil tumbled more than $5 a barrel Tuesday in its second big drop this week, hurling crude back to levels not seen since as traders wary about the health of the global economy...
- Microsoft to host
Beta News
When Microsoft announced in March it would be marketing its own hosting services for Exchange and SharePoint, some wondered how the company could successfully compete with itself? Today, it provided...
- Alcoa Shines, But Not So Brilliantly
Forbes
Despite the higher cost of energy and raw materials during the second quarter of 2008, one of the world's leading aluminum producers didn't flounder as much as expected. Alcoa ...
- Levi Strauss & Co. Announces Second-Quarter 2008 Financial Results
CNBC
Levi Strauss & Co. (LS&CO.) today announced financial results for the second quarter ended 2008 and filed its second quarter 2008 results on Form 10-Q with the Securities and...
- Topless DJ at party leads Unilever to apologize; Haredim still offended
Haaretz
A recent marketing campaign for Unilever's Axe deodorant for men raised the hackles of the ultra-Orthodox community when the corporation sponsored a poolside party for teens, DJed by a topless...
- Siemens to cut 16,750 jobs globally
Times Of India
Siemens AG, Europe's largest engineering company, plans to cut 16,750 jobs as it seeks to boost profit margins to the level of its competitors. Siemens aims to eliminate 5,250 jobs in Germany...
- Fed to curb shady home-lending practices
San Diego Union-Tribune
To prevent a repeat of the current mortgage mess, Bernanke said the Fed will adopt rules cracking down on a range of shady lending practices that have burned many of the nation's riskiest...
- Funds with one target often travel different paths
San Diego Union-Tribune
NEW YORK – Investors are often drawn to target-date mutual funds thinking that an investment run on autopilot is one less thing to worry about. But when the going gets bumpy, nonchalance can...
- Sealy 2Q earnings drop as domestic sales fall
CNBC
All Associated Press news Mattress maker Sealy Corp. said Tuesday its second-quarter earnings dropped 26 percent as domestic sales volumes declined and material costs...
- US Airways Second Quarter 2008 Financial Conference Call to Be...
CNBC
LCC will conduct a live audio webcast of its second quarter 2008 financial results conference call with the financial community on Tuesday, at 12:30 p.m. EDT (9:30 a.m. PDT).
- SEC, Fed Agree to Collaborate on Supervising Wall Street
TechWeb
Securities and Exchange Commission Chairman Christopher Cox and Board of Governors of the Federal Reserve System Chairman Ben Bernanke signed a memorandum of understanding yesterday that will...
- Resource America, Inc. To Report Operating Results for Third...
CNBC
... www.resourceamerica.com . For those unavailable to listen to the live broadcast, the replay of the webcast will be available following the live call on the Resource America, Inc. website and...
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