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XML Business NewsBarclays warns to miss profit goal (Reuters)published 2 days ago
Reuters - British bank Barclays is set to miss a key profit target after its investment bank ended 2011 with its worst quarter for three years.
Technology services boost NYSE Euronext profit (Reuters)published 2 days ago
Reuters - NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.
Daimler won't focus on staff costs to boost margin (Reuters)published 2 days ago
Reuters - German luxury carmaker Daimler AG (DAIGn.DE) won't slash its workforce to close the gap with rivals BMW and Audi (VOWG_p.DE) in terms of profitability, the company's personnel chief said.
DealBook: Barclays Caps Bonuses as Profit Fallspublished 2 days ago
The British bank said on Friday that its profit fell last year as the economic climate deteriorated and that it might have to abandon its performance target for next year.
Greeks strike against austerity, EU demands more cuts (Reuters)published 2 days ago
Reuters - Greek workers went on strike against austerity measures on Friday, docking ships and halting public transport, hours after euro zone finance ministers said Athens needed to make more cuts to convince them to release a financial bailout.
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Popular Business NewsLeonardo DiCappuccino, anyone?Iraq opens new oil export terminal in Persian Gulf (AP)At OddsNews Analysis: Big Data’s Impact in the WorldTurkmen leader set for easy victory in election (Reuters)Bits: Facebook and Its Users, Mutually DependentNovelties: Texting Without Looking, on a New Touch ScreenCareer Couch: Changing the Perception of Prolonged UnemploymentSEC looks into private equity industry practices: WSJ (Reuters)Hungarian government lawmaker sees IMF deal by May: report (Reuters) |
Investors May Rethink Plan to Oust Rothschild at Bumipublished 1 day ago
Indonesian investors behind London-listed mining company Bumi PLC said they may reconsider their attempt to oust financier Nat Rothschild from the company's board.
German Court Dismisses Latest Motorola Suit Against Applepublished 1 day ago
A German court Friday dismissed a suit brought by Motorola Mobility against Apple over a mobile communications technology patent.
Scripps Profit Risespublished 2 days ago
Scripps Networks Interactive said fourth-quarter profit edged up 3.4%. The operator of cable channels including HGTV and Food Network reported double-digit growth in advertising revenue ... more
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Cluff Gold lifted by Burkina Faso expansionpublished Fri, Feb 03 2012 10:36 GMT
The miner will buy a second site and exploration permits from Canadian developer Orezone Gold Corporation for $15m and 11m shares
Unilever faces tougher times in emerging marketspublished Thu, Feb 02 2012 03:39 GMT
Maker of Dove soap and Magnum ice cream says it is facing a tougher trading environment in Russia and Brazil
Treasury beset by exodus of top staffpublished Tue, Jan 31 2012 15:31 GMT
Officials fuming at low pay levels and high staff turnover are creating real operational difficulties with the Budget just seven seeks away
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PM paints a SAD picture of India's economypublished Fri, Feb 03 2012 06:30 GMT
India's economy had expanded by 8.4 per cent in 2010-11 financial year.
How the mobile industry changed in the past 5 yearspublished Wed, Feb 01 2012 03:30 GMT
Android and iPhone, considered outsiders from a mobile industry perspective were able to revolutionise the industry and have created immense positive network externalities.
Foreigners light up Dalal Street as locals keep awaypublished Mon, Jan 30 2012 02:39 GMT
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.
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Spain caps senior pay at bailed-out bankspublished Fri, Feb 03 2012 11:34 GMT
Executives limited to €600,000 a year, in some cases cutting bankers’ income by three-quarters
Super Bowl lends some muscle to global brandspublished Fri, Feb 03 2012 11:34 GMT
International audience remains small, but the growth of social networks and the internet means ads shown during the game can go viral worldwide
Dutch left parties call for bank bonus banpublished Wed, Feb 01 2012 17:42 GMT
Labour and Socialist parties to present proposal to parliament that could put the country at the forefront of international efforts to restrict financial sector pay
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Sony warns of ballooning full-year losspublished Thu, Feb 02 2012 01:36 GMT
Sony predicted a Y220bn ($2.9bn) net loss for the full financial year, much larger than previously forecast, as it restructures its unprofitable TV business
Nomura avoids second quarterly losspublished Wed, Feb 01 2012 02:40 GMT
A one-off gain helped the Japanese bank avert a second quarterly loss this year but profits are expected to stay under pressure
SAIC Motor: own brands flaggingpublished Tue, Jan 31 2012 14:32 GMT
The Chinese carmaker may be relatively unknown overseas, but it needs to inspire interest in its own brands in China to get into the fast ... more
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Drought threatens Argentina’s tax revenuepublished Mon, Jan 30 2012 11:33 GMT
Government seeks to slash ballooning subsidies bill as poor crops look set to bring in $1.3bn less in tax revenue
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Nokia Swings Axe Again, Plans To Cut 4,000published 1 day ago
Ever since Stephen Elop was made Nokia's CEO last year, there have been dramatic strategy changes at the company.
Hedge-Fund Manager to Face Insider-Trading Chargespublished 1 day ago
A northern California hedge-fund manager has surrendered to the FBI to face insider-trading charges in a broader investigation involving Galleon founder Raj Rajaratnam.
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Why small companies' stocks deserve a closer lookpublished Sat, Feb 04 2012 07:30 GMT
Underperforming money managers are losing their most reliable scapegoat: The near-unison of share price swings in the Russell 2000 index.
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