Business and Finance News
- 20 oil basins discovered in Indonesia
Baltimore News.Net
At least 20 new basins of oil and gas have been found in eastern Indonesia.
- Australian banks reduce interest rates
Baltimore News.Net
Australia's big four banks have dropped their fixed interest rates as the pressure on funding costs ease.
- Religious holy month brings roster changes
Baltimore News.Net
Bahraini authorities have issued a new order specifying the working hours at government offices and other establishments during the Islamic holy month of Ramadan.
- Microsoft browser features new privacy mode
Baltimore News.Net
The latest version of Microsoft's Internet browser includes a piece of software that allows users to surf the Web without leaving a trace.
- Pop singer sued over film loan
Baltimore News.Net
Pop superstar Madonna has been sued by financier Jay Dykes Jr. who alleges that she has failed to repay a loan of over $400,000 that she took to make a movie in 2006.
- U.S. stock markets close in positive territory
Baltimore News.Net
U.S. equity markets had a rare up day Wednesday with all indices finishing in the black.
- Fannie Mae fights back but loses executives
Baltimore News.Net
Mortgage finance giant Fannie Mae has made changes to its executive ranks, after investors appeared less certain a government bailout of the company might be imminent.
- Durable goods statistics improve in US
Baltimore News.Net
New orders for long-lasting US manufactured goods rose by a surprise 1.4% in July, led by a big increase in civilian aircraft sales.
- Bangladesh scientists turn waste into oil
Baltimore News.Net
Scientists in Bangladesh have developed ways to produce petroleum from degradable organic municipal waste and are now studying its feasibility before going to commercial production.
- Qatar National buys stake in Dubai bank
Baltimore News.Net
Qatar National Bank has bought 24 per cent of Dubai's Commercial Bank International for US$302 million.
- Japanese cars picked up across the board
Baltimore News.Net
Strong demand has improved global sales for Japanese cars.
- US dollar once again in decline
Baltimore News.Net
The dollar has lost ground against the euro, a day after hitting a six-month high against the single currency.
- Oil prices rise due to hurricane
Baltimore News.Net
Oil prices rose to above $117 a barrel Wednesday on concerns that Tropical Storm Gustav may disrupt operations in the Gulf of Mexico.
- PetroChina profit down dramatically
Baltimore News.Net
PetroChina's first-half net profit has fallen 34.5 percent.
- Microsoft unveils Internet Explorer 8, its response to Firefox
Baltimore News.Net
Microsoft has unveiled a trial version of a new Internet Explorer designed to fight the growing challenge from Firefox.
- U.S. stock futures edge lower; retail results, GDP on tap
MarketWatch
U.S. stock futures slipped Thursday as oil and natural-gas futures continued to advance as fears about Tropical Storm Gustav remained, with results to come from retailers...
- Royal Bank of Scotland hires new non execs
Guardian
... the centralized regulatory reporting team provides regulatory support for a growing number of lines of businesses within the investment bank, including am rates... .
- Forget the windfall tax, just reduce the energy companies
Guardian
Taxing excess profits to recompense over-charged consumers is a strange way to proceed. Why not ask why are people being over-charged in the first place?The argument for a windfall tax is that energy...
- Microsoft tries to offer something different
International Herald Tribune
Microsoft's new Web browser, Internet Explorer 8, is now available in a beta version meant for ordinary users, and it is a pretty good piece of software. Besides the private browsing mode...
- Nickname aside, Microsoft feature in new browser covers your tracks
The Seattle Times
Excerpts from the blog For some reason, tech journalists and bloggers love it when there's a chance to use the word "porn" in their stories. Maybe they're hoping to lure more search engine traffic...
- Updates, advisories and surprises
Market Watch
... profile ) said Thursday that its second-quarter net profit rose 38% to 8.3 million euros ($12.2 million) as revenue for the quarter grew 6.7% to 869.5 million euros. The group said earnings before...
- Aer Lingus takes
Guardian
PA Aer Lingus warned today that it needs to cut costs across its business, raising fears of job losses, after plunging into a loss for the first half of this year.The airline posted an...
- Mushroom soup leak forces Ryanair flight diversion
Guardian
Two passenger jets had to make emergency landings after two incidents, involving a leaking jar of mushroom soup and a microwave fire, this week.Hundreds of holidaymakers had their flights disrupted...
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