French court questions IMF chief
Source: BBC
Paris :: France | updated 2013-05-23 06:04:26 -0700 | business-news
She is being asked to explain her handling of a row in 2007 which resulted in some 400m euros (£342m; $516m) being paid to Bernard Tapie. She is appearing before the Court of Justice of the Republic (CJR), which investigates...
Flybe sells Gatwick slots to Easyjet
Source: BBC
Inverness :: United Kingdom | updated 2013-05-23 03:30:31 -0700 | business-news
The airline Flybe has announced the sale of all its take-off and landing slots at London Gatwick airport to Easyjet for £20m...An MP has raised concerns about the future of links between Inverness Airport and Gatwick. Danny Alexander said it...
UK first quarter growth unchanged
Source: BBC
London :: United Kingdom | updated 2013-05-23 05:02:58 -0700 | business-news
The figure from the Office for National Statistics is unchanged from the initial estimate it gave in April. It confirms the UK avoided falling into a triple-dip recession, and suggests signs of recovery in the economy. On Wednesday the International...
EU's Barnier wants big companies to reveal national tax bills
Source: Reuters
Brussels :: Belgium | updated 2013-05-23 01:56:41 -0700 | business-news
Analysis & Opinion European Commissioner for Internal Market and Services Michel Barnier addresses a news conference in Brussels March 25, 2013. Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top...
Indications: Stock futures slide, rattled by Fed, China data
Source: MarketWatch
Tōkyō :: Japan | updated 2013-05-23 02:11:59 -0700 | business-news
Standard & Poor's 500 index slid close to 20 points, or 1.2%, to 1,636.10. Futures for the Nasdaq 100 index fell 32.50 points, or 1%, to 2,968.50. The Next 24: H-P earnings Watching for reaction to Hewlett-Packard earnings; weak finish...
IMF chief Lagarde faces inquiry over tycoon payout
Source: World News
New York :: NY :: USA | updated 2013-05-23 03:27:24 -0700 | business-news
Prosecutors will question IMF chief Christine Lagarde on Thursday to determine whether she should face charges regarding a 400 million payout to disgraced businessman Bernard Tapie when she was France 's finance minister in 2007 .
Did the Bank of England cry wolf?
Source: BBC
London :: United Kingdom | updated 2013-05-23 03:02:37 -0700 | business-news
Its newly created Financial Policy Committee announced that the big UK banks were short of capital to protect themselves against potential future losses and then quantified that gap as £25bn that needed to be raised by the end of this...
Indications: Stock futures slide, rattled by Fed, China data
Source: MarketWatch
Tōkyō :: Japan | updated 2013-05-23 02:11:59 -0700 | business-news
Standard & Poor's 500 index slid close to 20 points, or 1.2%, to 1,636.10. Futures for the Nasdaq 100 index fell 32.50 points, or 1%, to 2,968.50. The Next 24: H-P earnings Watching for reaction to Hewlett-Packard earnings; weak finish...
KLINE AND FOXX: Getting politics out of student loans
Source: The Washington Times
Washington :: DC :: USA | updated 2013-05-23 04:51:24 -0700 | business-news
Bipartisan compromise is tough to find in Washington right now but when there is opportunity for agreement, we owe it to the American people to take action. In the coming weeks, millions of student-loan borrowers could see their interest rates...
Is a target-date fund for you?
Source: CNN
Atlanta :: GA :: USA | updated 2013-05-23 05:11:57 -0700 | business-news
prepackaged retirement funds with a mix of stocks and bonds that adjust to become more conservative as you age -- have begun reshaping the retirement landscape. Target-date funds are gobbling up money as increasing numbers of 401(k) plan administrators default...
Bitcoin more powerful than fastest supercomputers
Source: CNN
San Jose :: CA :: USA | updated 2013-05-23 05:11:55 -0700 | business-news
The power of all the computers networked together to maintain the digital currency's system far exceeds the combined processing strength of the top 500 most powerful supercomputers...There have been lots of stories about Bitcoin in the past few months thanks...
The new new emerging markets
Source: CNN
Harare :: Zimbabwe | updated 2013-05-23 05:11:54 -0700 | business-news
Zimbabweans can find almost anything under the low-slung tents blanketing a mile-wide square. The buyer's paradise offers everything from Mazoe Orange Crush juice drinks to sheet metal to clothes to plumbing equipment. And as hedge fund manager Larry Speidell likes...
Unilever's CEO has a green thumb
Source: CNN
Atlanta :: GA :: USA | updated 2013-05-23 05:11:53 -0700 | business-news
The day he became the chief executive of Unilever in 2009, Polman said the consumer products giant would stop providing earnings guidance and quarterly profit reports. "I figured that the day they hired me, they can't fire me," he says,...
What's driving one of China's richest men?
Source: CNN
Dalian :: China | updated 2013-05-23 05:11:53 -0700 | business-news
One day in April, he flies Hawk Koch, president of the Academy of Motion Picture Arts and Sciences, from Beijing to Dalian, a port city on the Yellow Sea, in his Gulfstream G550. Wang is launching an international film festival...
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