Contributor ReportsDubai's debt crisis should be a lesson to us all
Source: Times Online
London :: United Kingdom | updated Sat Nov 28 16:17:37 -0800 2009 | business-news
The danger lies in what the emirate’s woes have done to confidence in world markets, and what they have revealed about the reality of some of the Gulf state’s finances after a decade of excessive borrowing. The spectre of sovereign...
US lack of action puts shadow over Geneva trade summit
Source: Guardian Unlimited
Brussels :: Belgium | updated Sat Nov 28 22:00:30 -0800 2009 | business-news
Ten years on, Seattle rioters win by default Lack of US action over Geneva summit appears to have brought globalisation almost to a standstill A decade after the "Battle of Seattle," when an international trade summit in the US city...
Dubai as finance hub faces first test
Source: Sydney Morning Herald
London :: United Kingdom | updated Sat Nov 28 21:14:12 -0800 2009 | business-news
But the performance of the DFM Index, the main indicator for the emirate's stock market, tells a different story. It peaked above 6,000 points two years ago then began to fall, tumbling sharply during the global credit crunch late last...
'More pain' for Scottish economy
Source: BBC
London :: United Kingdom | updated Sat Nov 28 18:16:08 -0800 2009 | business-news
Ernst & Young's Item Club said there were "disturbing weaknesses" in the Scottish economy and predicted growth of -4.9% this year and 0.7% in 2010. The forecaster said it expected job cuts to continue, with the unemployment rate reaching as...
The Fool's Look Ahead
Source: The Motley Fool
Çat :: Turkey | updated Sat Nov 28 05:29:37 -0800 2009 | business-news
After consumers have hit the malls and big-box stores on Black Friday, online retailers gear up for their day to shine. As the theory goes, the Monday after Thanksgiving is a popular day for online shopping. Folks who couldn't land...
National Express investors say 'yes' to £360m cash call
Source: The independent
London :: United Kingdom | updated Fri Nov 27 19:23:11 -0800 2009 | business-news
National Express shareholders voted "yes" to the board's proposal for a £360m rights issue yesterday, ending weeks of uncertainty during which the company's biggest investor tried to drum up opposition to the plan. The resolutions authorising the company to proceed...
Consumer confidence in Europe up a touch
Source: United Press International
Brussels :: Belgium | updated Fri Nov 27 10:06:28 -0800 2009 | business-news
The European Commission's Economic and Financial Affairs Office said consumer confidence is up in Europe, but still below historic standards. The Economic Sentiment Indicator for November rose to 87.9 in the European Union, a gain of 1.9 points, and rose...
Off-licence group First Quench closes another 391 stores
Source: Guardian Unlimited
London :: United Kingdom | updated Fri Nov 27 08:28:31 -0800 2009 | business-news
A third round of job losses at the First Quench group of off-licences has taken the total number of staff axed by the collapsed company to nearly 6,000 in a month. First Quench, which operates on the high street under...
Business Briefing | Companies: Salaries Cut for 2 Bank of America ...
Source: The New York Times
Tarp :: Germany | updated Sat Nov 28 08:31:02 -0800 2009 | business-news
Desoer, would receive less in salary for 2009, citing a review by the government’s special master for compensation, Kenneth R...Desoer had their annual salaries set at $500,000, the company said in a regulatory filing. The two executives also received “stock...
Spanish government preparing broad economic overhaul
Source: Sify News
Madrid :: Spain | updated Sat Nov 28 02:05:18 -0800 2009 | business-news
A package of regulatory reforms, tax changes and measures to spur job creation will reinvigorate the Spanish economy in 2010, Economy and Finance Minister Elena Salgado has said. Though the cabinet has agreed on the outline of the Sustainable Economy...
News From Hot Locations
Breaking: Contributor Reports
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Dollar Gain on Dubai Debt Crisis
Posted by: ASMASH | 6 minutes ago
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AN ALARM: Great collapse in many stock markets
Posted by: ASMASH | about 1 hour ago
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Is supermarket deals worser than 2008?
Posted by: edison92 |
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7 days ago
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