China's new Nasdaq-style board sees wild start
BEIJING (AFP) - China's new Nasdaq-style market saw a week of wild yo-yo swings as frenzied investors sent the start-up shares to "ridiculously" high levels, analysts say, warning a...
AFP Finance News -
Sunday November 8, 2009, 3:35 pm
Small businesses on front line in Obama's jobs fight
WASHINGTON (AFP) - With unemployment fast becoming one of US President Barack Obama's biggest domestic challenges, focus is shifting from "too-big-to-fail" manufacturing and financial...
AFP Finance News -
Sunday November 8, 2009, 8:11 am
Staff at struggling German retail giant agree to tighten belts
BERLIN (AFP) - Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to...
AFP Finance News -
Sunday November 8, 2009, 7:51 am
BA cabin crew to vote on strike: union
LONDON (AFP) - Thousands of British Airways cabin crew are to vote on whether to take industrial action, the Unite trade union said Saturday, in a row over job cuts and new contracts.The ballot will...
AFP Finance News -
Sunday November 8, 2009, 7:29 am
Cyprus opens new airport to attract tourism, trade
LARNACA, Cyprus (AFP) - Cyprus opened an ultra-modern airport on Saturday that it hopes will boost flagging tourism and boost prospects of it becoming a regional transport hub.Cypriot President...
AFP Finance News -
Sunday November 8, 2009, 7:23 am
Nobel laureate brings Bangladesh business model to Europe
WOLFSBURG, Germany (AFP) - Nobel peace laureate Muhammad Yunus brought ideas for creating micro "social businesses" from Bangladesh to Europe Saturday with support from several of the...
AFP Finance News -
Sunday November 8, 2009, 7:19 am
Shell to pay California $19 mln over violations
SAN FRANCISCO (AFP) - Shell Oil Company will pay California more than 19 million dollars because of environmental violations at service stations throughout the state, officials said.The agreement,...
AFP Finance News -
Saturday November 7, 2009, 9:13 pm
Shell Oil to pay California $19 mln over violations
SAN FRANCISCO (AFP) - Shell Oil Company will pay California more than 19 million dollars because of environmental violations at service stations throughout the state, officials said Friday.The...
AFP Finance News -
Saturday November 7, 2009, 7:52 am
Opel chief quits after GM decides to keep European unit
NEW YORK (AFP) - General Motors said Friday it will seek a new chief for European operations with Carl-Peter Forster quitting following the automaker's decision to hang on to its Opel/Vauxhall...
AFP Finance News -
Saturday November 7, 2009, 7:01 am
G20 ministers to firm up global recovery, climate funding
ST ANDREWS, Scotland (AFP) - Hosts Britain told the G20 it had "no reason to give up" on a new climate change deal Friday, as finance ministers met for talks on bolstering the world...
AFP Finance News -
Saturday November 7, 2009, 6:55 am
WTO marks 400th trade dispute case
GENEVA (AFP) - The World Trade Organisation said Friday that 400 trade dispute cases had been filed since the agency was formed in 1995, with the United States and the European Union lodging the most...
AFP Finance News -
Saturday November 7, 2009, 5:32 am
Thousands protest against Irish austerity measures
DUBLIN (AFP) - Tens of thousands of angry demonstrators rallied across Ireland on Friday to protest government plans for tough austerity measures, police and reports said.The protests were called by...
AFP Finance News -
Saturday November 7, 2009, 5:24 am
UBS says took 'full remedial steps' to address breaches
ZURICH (AFP) - Swiss bank UBS, fined by British authorities for allowing unauthorised transactions to be carried out on customer accounts, said Friday it had "taken full remedial steps" to...
AFP Finance News -
Saturday November 7, 2009, 5:12 am
Ukraine pays Russia for gas after Putin warning: PM
MARIUPOL, Ukraine (AFP) - Ukraine has paid Russia for October gas supplies, Prime Minister Yulia Tymoshenko said on Friday, after her Russian counterpart Vladimir Putin had warned against late...
AFP Finance News -
Saturday November 7, 2009, 5:07 am
British Airways to axe 1,200 more jobs
LONDON (AFP) - British Airways revealed a quadrupling of net losses in its first half on Friday, and axed an extra 1,200 jobs in an "essential" cost-reduction programme.BA posted a loss...
AFP Finance News -
Saturday November 7, 2009, 2:10 am
