Business and Finance News
- Demand for banks sees European equities rise
Houston News.Net European shares were higher Friday as banking and commodity stocks were being brought up.
- Asian stock markets close solidly higher
Houston News.Net Markets in Asia ignored losses on Wall Street overnight and posted solid gains Friday.
- Final overseas appearance coming up for Bush
Houston News.Net Leaders from the Pacific Rim are preparing for their annual APEC economic summit in Lima on the 21st-23rd November.
- San Francisco goes all-out to become electric
Houston News.Net The district mayors of the San Francisco area have projected their ideas for a US$1 billion network of electric car recharging stations.
- US Airways brings back free miles
Houston News.Net US Airways has announced the reinstatement of free miles, which were cancelled when fuel costs were rising.
- Citigroup options placed on the table
Houston News.Net Citigroup has suggested it might sell businesses and shares, as a means of dealing with the market crisis.
- Europe shows itself to the online world
Houston News.Net The European Union has launched a free online library which gives multilingual access to two million digitized books and other items of cultural significance.
- Dow falls more than 400 points for second day in row
Houston News.Net The Dow Jones industrials finished more than 400 points lower Thursday, after a similar fall on Wednesday.
- US Congress delays car bailout plan
Houston News.Net Democrats in the US Congress have been unable to secure the numbers to get auto-industry bailout legislation through Congress.
- Canada court rejects airline fee for obese passengers
Houston News.Net The Supreme Court in Canada has upheld a ruling that obese and disabled people will be able to have two seats for the price of one on domestic flights.
- Colgate-Palmolive riots flare in Nepal
Houston News.Net There has been a massive upheaval at the factory of Colgate Palmolive in Nepal, with the company announcing the sale of the company after 20 years of operations.
- Travel agents want a return to commission structure
Houston News.Net Travel agents associations in India have called on air operators to withdraw the transaction fee system they introduced on to reinstate the earlier five percent travel agents commission.
- Tokyo stocks extend losses over Wall Street plunge
Houston News.Net Tokyo stocks extended losses Friday after Wall Street plunged overnight and the global slowdown deepened.
- US Markets plunge, S&P 500 sinks to 11-year low
Houston News.Net US stocks plunged Thursday, with the broadbased Standard & Poor's 500 Index losing 6.7 percent to close at its lowest point since 1997 and economic indicators signalling a recession.
- Michael Jackson to appear in London court
Houston News.Net Pop legend Michael Jackson will give evidence in person at London's High Court to defend allegations that he owes $7 million to an Arab sheikh.
- Mark Robinson appointed CEO of Citi South Asia
Houston News.Net Mumbai /Hong Kong, (ANI/ Business Wire India): Mark Robinson has been appointed Chief Executive Officer of Citi South Asia. Based in Mumbai, he will lead Citi's significant banking franchise in India, Sri Lanka and Bangladesh, and also join the Asia Pacific Executive Committee. Robinson succeeds Sanjay Nayar, who is leaving the firm to pursue other opportunities.
- Labour conference graphics firm goes bust
Guardian The firm that made the graphic above Gordon Brown's head has just gone out of business. Photograph: Christopher Thomond If Gordon Brown needs any more indication of how close to home the global...
- Honda Closes Plant For Two Months
Sky News Honda today announced a plan to adjust automobile production at its UK factory in Swindon for the current fiscal year in response to a dramatic change in the global automobile market.
- Coca-Cola Amatil CEO sets Lion roaring
WA Today RELATIONS between Lion Nathan and the $8 billion takeover target Coca-Cola Amatil have turned personal, after the bottler's managing director, Terry Davis, was accused of putting his own interests...
- Yahoo! exec joins Microsoft search team
silicon.com ... quot;); Microsoft confirmed Thursday that it has hired Yahoo! search executive Sean Suchter, following speculation this week that he would be joining the software maker after his departure from Yahoo!...
- Oil rebounds above $50 after steepest weekly decline
Gulf News Oil rebounded above $50 a barrel after falling to its lowest level in more than three years early on Friday. Still, its more than 11 per cent fall this week took oil close to a $100 drop...
- Wall Street Too Real Try Fantasy Investing
NPR 2008 · There are all kinds of fantasy games — fantasy football for example. Now you can try your hand at fantasy investing. Fantasy enthusiasts say there's never been a...
- Microsoft to offer free security software to attract beginners
eTaiwan News ... in Bellevue, Wash. (AP Photo/Elaine Thompson) Microsoft announced on Nov....
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