Archive for the Category ‘Business’

Asian markets mixed as Greece uncertainty weighs (AP)

Asian markets mixed as Greece uncertainty weighs 
    (AP)

AP - Asian stock markets turned in a mixed performance Friday, fluctuating as uncertainty over debt-laden Greece weighed on investors.[Read more...]

Apple Races to Secure iPad Deals

Apple Races to Secure iPad Deals

Apple Inc. is still trying to secure media content for the iPad with just weeks to go before the tablet computer’s release, said people familiar with the matter, as the company tempers some of its initial ambitions for the much-hyped device. Since the iPad became available for pre-order last Friday, Apple has seen [...]

Collins Stewart chairman Terry Smith to step down

Collins Stewart chairman Terry Smith to step down

Collins Stewart chairman Terry Smith to step down One of the City of London’s best-known figures, Mr Smith yesterday said he would hand the position over to Tim Ingram, the former chief executive of Caledonia Investments, who joined the company’s board in January. Mr [...]

Greenspan Defends Low-Rate Policy

Greenspan Defends Low-Rate Policy

WASHINGTON—In a detailed review of the causes of the financial crisis, former Federal Reserve Chairman Alan Greenspan acknowledged a range of regulatory failures but strongly disputed the widely held view that the Fed left interest rates too low for too long. More The Crisis: Read the Greenspan paper [...]

GlaxoSmithKline gives FTSE 100 a lift

GlaxoSmithKline gives FTSE 100 a lift

Previous  of  Companies Next FTSE 100 Vedanta Resources GlaxoSmithKline The benchmark index edged up around 14 points to 5658 just after 12.30 as investors raided miners following their recent rebound. Fresnillo slipped 1.3pc, Vedanta Resources fell 0.97pc and Eurasian lost 0.7pc. [...]

Dow’s Streak Hits Eight

Dow’s Streak Hits Eight

Blue-chip stocks clocked their eighth straight day of gains, closing at a fresh 17-month high as industrials climbed on a brightening manufacturing outlook. But slipping commodity prices weighed on the broader market and investors fretted over potential policy changes under debate in Washington. The S&P 500 slipped 0.03%, with energy stocks leading the decline [...]

UK borrowing less than expected

UK borrowing less than expected

Alistair Darling has pledged to cut the budget deficit by half UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data.The UK government borrowed £12.4bn in February, less than economists had expected, official [...]

Democrats on track for vote on $940 billion health bill (AP)

Democrats on track for vote on $940 billion health bill 
    (AP)

AP - House Democrats are pushing to the brink of passage a landmark, $940 billion health care overhaul bill that would simultaneously deliver on President Barack Obama’s promise to expand coverage while slashing the deficit, a strategy aimed at winning over the party’s fiscal conservatives.[Read more...]

Investing in Europe - Your Money Their Hands

Investing in Europe - Your Money Their Hands

Email Print .at15t_email {display:none !important;} ul li.email span.at300bs {display:none !important;} BlackRock’s manager Alister Hibbert tells Robert Miller why European equities offer a decent return. Related Content [...]

Greece Requests EU Support

Greece Requests EU Support

BRUSSELS—Greek Prime Minister George Papandreou on Thursday requested that European Union leaders at their summit next week agree to a package of standby loans to restore confidence in the country’s debt. He also confirmed that Greece is keeping its aid options open, but would prefer help from the European Union to a bailout by the [...]