More consultataion on telecom charter in India neededTelecom sits on the top of the incredible India story. But the mess, evident in the award of second generation (2G) licences, shows how at least six principal characters worked overtime to deface it.... | |
Sauli Niinistoe wins Finnish presidency in landslideConservative party leader Sauli Niinistoe has won Finland's presidential election by a landslide and will become the country's first conservative president in 30 years.
Officials say Mr.... |
Super Bowl crowds tempting to terrorists, say security officialsSecurity officials say the crowds expected in Indianapolis for the NFL's Super Bowl championship game are tempting targets for terrorists.
An operation in place to protect the Super Bowl 46 site... |
Housing construction in India to rocket over next few yearsOver 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on... |
Technology to detect whether CEO is telling the truthUsing a new technique, Layered Voice Analysis, can decipher whether CEOs are lying or not, a study reveals.
Duke University and University of Illinois researchers turned to an Israeli firm... |
| Asian stocks rise after US unemplo Asian stock markets have climbed after US unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No 1 economy that could benefit the region's... |
| Eurozone crisis live: Greece faces deadline over second bailout 7.45am: Good morning, and welcome to our rolling coverage of the eurozone financial crisis.Today is deadline day for Greece, which must tell the European Union whether it accepts the terms of its... |
| Micron chief Steve Appleton dies in plane crash Steve Appleton - the chief executive of Micron Technology, which makes products under the Lexar and Crucial brands - has died in the crash of an experimental plane he was piloting.The image that... |
| Use Rio+20 to overhaul idea of growth, urges EU climate chief The world must use a landmark environmental summit this year to change forever the current damaging model of economic growth, Europe's climate chief has warned, or face future crises as severe... |
| Monday Newspaper Review - Irish Business News and International Stories - - February 06, 2012 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... |
| FTSE, DAX, CAC Seen Flat to Lower; Greece Weighs ] . Shareholders in global miner Xstrata are set to receive 2.8 shares in commodities trader Glencore International, for each Xstrata share. In the US, President Barack Obama said in an interview... |
| Does BHP's CEO Kloppers Owe Investors a Beer? , said he would buy investors a beer if he announced plans to offload the company's struggling nickel operations. On Monday, Michael Langford, Proprietary Trader at StreamTrading.com, told CNBC,... |
| Swiss Banks to Outline Steps in US Tax Evasion Row GENEVA - Two of Switzerland's oldest banks will this week outline their response to growing U.S. pressure to give up tax-evading American customers and the bankers who helped... |
| Super Bowl Ads: Chevy, Chrysler Are Winners scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super... |
| Euro Shorts Running at All-Time Highs: Expert John Noonan, Senior FX Analyst, Thomson Reuters says the biggest reason the euro has been rising in the past few weeks is the repatriation of the currency by the region's... |
| Asian Stocks Advance as U.S. Jobs Data Boosts Economic Optimism Feb. 6 (Bloomberg) -- Asian stocks rose, with a regional benchmark index set to extend its longest streak of weekly advances since 2010, after U.S. unemployment unexpectedly fell, boosting the... |
| Britain Prepares for Worst as EU Struggles to End Euro Crisis Feb. 6 (Bloomberg) -- As a debt-crisis remedy eludes European leaders, Britain is readying its economic defenses amid warnings of "potentially cataclysmic" consequences for the country if... |
| Julius Baer Full-Year Profit Drops 27% After Franc Strengthens Feb. 6 (Bloomberg) -- Julius Baer Group Ltd., the Swiss wealth manager founded in 1890, said full-year profit declined 27 percent as the Swiss franc strengthened and it made a one- time tax-related... |
| Indonesia GDP Expands Fastest Since 1996 as Investment Gains Feb. 6 (Bloomberg) -- Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export... |
| Korean Teachers’ Union Plans to Buy London Office Building Feb. 2 (Bloomberg) -- The Korean Teachers’ Credit Union, with 20.9 trillion won ($18.5 billion) of assets, plans to buy a 12-story office building in London in the first half as declining... |
| Asian stocks rise, U.S. jobs gain outweighs Greece TOKYO (Reuters) - Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt... |
| Insight: Two firms flourish in frenzied MF Global aftermath NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains... |
| GM aims for 10 percent profit margin over next few years: report GM.N ) aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal... |
| Mitsubishi Motors to stop making cars in western Europe 7211.T ) said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their... |
| Earnings Outlook: Cisco expected to show stability, strength SAN FRANCISCO (MarketWatch) -- Cisco Systems is expected to report gains in both sales and earnings for its second fiscal quarter on Wednesday, with analysts looking for signs of strength and... |
| Harmony Gold 2Q Net Profit Surges To ZAR1.0 Billion On Output, Price CAPE TOWN – Harmony Gold Mining Co. (HAR.JO) said its second-quarter net profit surged in the second quarter on higher production and a strong gold price, but warned the remainder of the year... |
| Bank Negara Indonesia Expects 2011 Net Profit To Have Risen By 30% - CEO JAKARTA – PT Bank Negara Indonesia (BBNI.JK) expects 2011 net profit to have risen by at least 30% from IDR4.1 trillion in 2010 due to higher net interest income and lower operating costs, BNI... |
| India Eases FX Trading Limits For Some Banks MUMBAI -- India's central bank has eased limits on currency trading positions for some banks after considering their applications for relaxation on a case-by-case basis, two bankers said... |
| Final bids for retailer Peacocks Six serious bidders remain in contention to take over the Cardiff-based clothing retailer Peacocks, BBC Wales understands. The number has not changed since the deadline for the first round of... |
| Qantas CEO warns on airline laws The chief executive of Qantas said the airline would be forced to cut services and jobs should pro-Australia airline bills be passed. Alan Joyce told a Senate committee that amendments to the... |
| Indonesia growth at 15-year high Indonesia's economy grew at its fastest pace in 15 years in 2011 boosted by increased investment and growing domestic demand. Southeast Asia's largest economy expanded by 6.5% in 2011, the... |
| Citigroup downgrades Thermax to sell Citigroup has downgraded Thermax, an Indian energy and environment solutions provider, to sell from neutral and cut its target price to 439 rupees from 453, citing lack of order inflows. "We... |
| Telstra expected to report earnings lift Telstra Corporation is expected to report a double-digit increase in first half profit as the telco grows market share, particularly in mobile, and keeps costs in check.Market expectations were... |
| Ras Al Khair Alumina Refinery Construction Started by Ma’aden Alcoa Aluminum JV Ma'aden Aluminium Company, a joint venture (JV) of Alcoa and Ma'aden, has begun construction of alumina refinery at a fully integrated aluminum industrial complex in Ras Al Khair, Saudi... |
| Asian stocks rise after US unemployment falls BANGKOK (AP) -- Asian stock markets climbed Monday after U.S. unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No. 1 economy that could benefit the... |
| Facebook tells IPO banks not to talk about stock offering Shut your pie hole!That’s the message that notoriously press-averse Facebook founder Mark Zuckerberg has sent around Wall Street recently, telling Morgan Stanley, JPMorgan Chase, Goldman Sachs... |
| Hostess union sets key strike vote The restructuring of the bankrupt Hostess Brands bakery business will hit a key point tomorrow as the union representing 15,000 drivers and bakery workers votes to authorize a strike.The unions are... |
| Greek default crisis enters critical phase European leaders maintained pressure on Greece to accept terms demanded by international lenders during a weekend of talks to avert a financial collapse. Interim Greek Prime Minister Lucas Papademos... |
| Indian stock markets open higher in morning trade Business India News: MUMBAI: The Indian stock markets opened higher today morning on the back of global cues along with other markets world wide mainly on the basis of Us job... |
| Resilient Chevy, Chrysler ads win at Super Bowl LOS ANGELES (Reuters) - General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at... |
| The January US jobs report is driving equity market gains this morning The big increases in non-farm and private payrolls are a welcome sign that the US economic recovery is continuing, meanwhile the unemployment rate, at 8.3%, is at its lowest point since early 2009.... |
| Hanwha Closely Monitoring Stock Price Moves After Company Probed Due To Alleged Embezzlement SEOUL – South Korea's chemicals-to-financial conglomerate Hanwha Corp. (000880.SE) is closely monitoring its share price moves, an official at the company said Monday.As of 0440 GMT,... |
| National Australia Bank Expects To Spend Up To A$11 Million Before Class Action Trial MELBOURNE – National Australia Bank Ltd. (NAB.AU) expects to spend up to A$11 million (US$11.8 million) in legal fees in the lead up to the trial of a class action brought by investors seeking... |
| DBS CEO: Always Open To M&A Opportunities TAIPEI – DBS Group Holdings Ltd. (DBSDY), Singapore's largest lender by assets, remains open to merger and acquisition opportunities, its chief executive said Monday.DBS Chief Executive... |
| London retailer removes Caterpillar boots in support of local workers CAW workers picket outside at the Electro-Motive plant in London, Ont., on Feb. 3, 2012. American-based heavy equipment maker Caterpillar Inc. announced Friday it was closing the plant, a month after... |