Business and Finance News
- Stock market unable to keep up with gains
San Jose News.Net
US investors were relatively cautious on Monday with Wall Street giving back some gains from last week’s stock market rally.
- OPEC to hold special meeting
San Jose News.Net
OPEC countries have decided to hold an extraordinary meeting in Kuwait in February.
- Commercial property-the next domino to drop
San Jose News.Net
2009 is expected to be a bad year for US commercial real estate.
- Another historic firm goes bust in Britain
San Jose News.Net
The famous UK maker of china and crystal, Waterford Wedgwood, has filed for bankruptcy protection.
- Washington Post editor steps down
San Jose News.Net
The Managing Editor of the Washington Post, Philip Bennett, has announced he will step down this week.
- Dubai makes a mark in duty free sales
San Jose News.Net
Sales of Dubai duty free goods increased 23 per cent over last year, despite the fact that less people were travelling.
- Asian stock markets lift on Monday
San Jose News.Net
Asian stock markets have risen in the first week since the new year break with the benchmark indices in Tokyo and Shanghai gaining more than 2 percent.
- South Korea pledges economic reform
San Jose News.Net
South Korea's President has said his government will face emergencies in 2009 over the global economic crisis.
- Bahrain causeway to improve commerce
San Jose News.Net
A new US$3 billion causeway, linking Bahrain with Qatar, will be the longest in the world.
- Union dissent likely for Asian automaker
San Jose News.Net
The union which represents workers at the ailing South Korean automaker, Ssangyong Motors, has called for its members to go on strike.
- High definition broadband hits the US
San Jose News.Net
In the US, Netflix has teamed with LG Electronics to sell high-definition TV sets that stream Netflix videos directly from the Internet.
- Gordon Brown to push for more jobs
San Jose News.Net
UK prime minister Gordon Brown has pledged to create 100,000 jobs through a public works program.
- Gas shortage fears so-far unfounded
San Jose News.Net
A gas contract dispute between Moscow and Kiev has not caused feared shortages of natural gas in European countries, which are fed from pipes running through Ukraine.
- Saudi Arabia pumps up oil price
San Jose News.Net
Saudi Arabia has raised its official selling price for light crude oil to customers in the United States and Asia.
- Canine capers pull in film-goers
San Jose News.Net
A new canine comedy starring Jennifer Aniston and Owen Wilson, has taken the North American box office by storm for a second weekend.
- Famous New York restaurant to close
San Jose News.Net
One of New York's most celebrated eateries is due to partially close.
- Treasury invests another $15 billion in seven banks
MarketWatch
The U.S. Treasury Department said late Monday that it recently invested another $15 billion in seven banks as the government continues to try to reinvigorate lending...
- Indevus shares jump after M&A agreement; Mosaic lower
MarketWatch
Shares of Indevus Pharmaceuticals Inc. surged late Monday after the company agreed to be purchased by Endo Pharmaceuticals Holdings Inc., while fertilizer provider Mosaic...
- Microsoft still pushing
CNet
... last Macworld keynote speech just hours away, Microsoft is again talking up the idea of an "Apple tax" that people pay when they opt for a Mac over a Windows PC. It's a concept that...
- Microsoft has strongest patent portfolio
CIO
2009 — IDG News Service — U.S. technology companies led an annual survey rating the strength of corporate patent portfolios, with Microsoft coming out on top. According to...
- UK braced for bleak news as global car sales fall
Guardian
Japan , sales of new vehicles slumped by 22% last month to their lowest ever December total, while French sales were down almost 16% as the impact of...
- Feds Want Madoff Locked Up Without Bail
CBS News
CBS/AP A prosecutor says disgraced financier Bernard Madoff violated bail conditions by mailing about $1 million worth of jewelry and other assets to relatives. The prosecutor wants him jailed...
- Fourth EnCana facility bombed
Financial Post
Police are investigating what appears to be the fourth bombing of an EnCana Corp natural gas facility in the Western Canadian province of British Columbia, authorities said on...
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