Business and Finance News
- UK building society to take over smaller rivals
Trinidad News.Net
In the UK, the Nationwide Building Society has had talks with two of its smaller rivals, the Derbyshire and Cheshire Building Societies.
- OPEC minister wants cap on oil
Trinidad News.Net
Libya's OPEC representative, Shukri Ghanem, has said he would like to see members of the oil cartel respecting their quotas.
- UK unions want to tax the rich
Trinidad News.Net
British trade unions have called for tax cuts for lower-income workers, and tax hikes for the rich.
- Yahoo under fire in Japan
Trinidad News.Net
The Yahoo Japan website is under investigation for identity theft.
- Charity woman to fly with crack display team
Trinidad News.Net
A British woman has paid 1.5 million pounds in a charity auction to fly with the Royal Air Force's aerobatic Red Arrows display jets.
- Nuclear group lets India in
Trinidad News.Net
The 45 members of the Nuclear Suppliers Group have approved a US proposal to lift a ban on nuclear trade with India.
- Asian budget carrier gambles on new routes
Trinidad News.Net
One of Asia’s largest budget carriers, AirAsia, has decided to increase flights and add new routes.
- Nokia shares in predicted plunge
Trinidad News.Net
Nokia has lowered its predicted market share for the third quarter.
- Ford Motors Chicago plant set for job cuts
Trinidad News.Net
As Ford Motor Co. cuts costs at its Chicago assembly plant, at least 600 part-time workers will be laid off.
- Baggage is the new airline cash cow
Trinidad News.Net
Continental Airlines in the US is now charging for checking a single bag.
- Freddie and Fannie failed to get the message
Trinidad News.Net
It has been suggested that mortgage giants Fannie Mae and Freddie Mac failed to heed warnings about the worst housing bubble in US history.
- Boeing to lose big money due to strike
Trinidad News.Net
Aerospace company Boeing is likely to experience further delays on its 787 Dreamliner program.
- US government will not change job stimulus policy
Trinidad News.Net
The United States government has said it does not see a need for new measures to stimulate the US economy, despite a sharp rise in unemployment.
- Britain overrun by Stasi-like children
Trinidad News.Net
Britons are becoming outraged at the way councils are using powers originally designed to combat terrorism and organised crime to spy on residents.
- Macau hotels under health check
Trinidad News.Net
Top hotels in the casino resort of Macau have been inadvertently serving their customers tainted oysters.
- The new China price
Star Tribune
John Huot is starting to like high oil prices. Earlier this year, the president of St. Paul-based Huot Manufacturing won back a key U.S. customer who abandoned him three years ago for cheaper tool...
- Government bailout of Fannie Mae and Freddie Mac should help some borrowers, not most troubled
Star Tribune
The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as...
- Wall Street may cheer Fannie, Freddie bailout
Examiner
AP Photo/Susan Walsh)Treasury Secretary Henry Paulson, Jr., left, and Federal Housing Finance Agency Director James Lockhart, right, exchanges places during their news conference in Washington...
- Wall St. wobbles as economic landscape shifts
CNN Money
The stock market has lurched back near its July lows _ but Wall Street's concerns are a bit different now than they were then.In July, investors were vexed about...
- S&P, Fitch slash Fannie, Freddie preferreds to junk
Reuters
Standard & Poor's and Fitch Ratings on Sunday cut the ratings on preferred stock of troubled housing finance companies Fannie Mae...
- UAE stock markets reel from Dh29b loss
Gulf News
UAE indices went tumbling on Sunday, as bearish sentiment and selling pressure from foreign funds continued. Weak regional and global markets also played their part. The Dubai Financial Market...
- Ten Things I Learned From Spore
Wired News
SimEverything .) Can anything actually live up to that standard? If is our test case, then the answer has to be no: For all the work that went into this intricate and complex simulation of life...
- Futures soar after U.S. takes over GSEs
Reuters
Stock index futures surged on Sunday, pointing to a sharply higher open when Wall Street opens on Monday, after the U.S. government seized control of troubled mortgage finance...
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