Finance News, Saturday 5th February 2011
Citi to call the tune on EMI future
British music label EMI- home to a galaxy of stars including The Beatles- Coldplay and US pop starlet Katy Perry- faces an uncertain future after Citigroup seized control from its private equity owners.The ... ...Sat 5th February 2011 - 05:46pm
Spanish banks display risky appetite for property
They are officially banks but they have become Spains main real estate agents- according to data from the countrys banking sector which reveals the extent of their risky property assets.The Bank ... ...Sat 5th February 2011 - 05:45pm
Higher food prices here to stay- analysts
From McDonalds burgers in the United States to sugar in Bolivia and chilis in Indonesia- food prices across the globe are soaring.But consumers and governments should brace themselves for even higher ... ...Sat 5th February 2011 - 05:31pm
Fast-growing India facing unemployment bomb
Last week 100-000 jobseekers travelled to a small northern Indian town for a recruitment fair that ended in tragedy- revealing much about the limitations of the countrys economic boom.The crowd of ... ...Sat 5th February 2011 - 05:27pm
China- Japan- S. Korea to sign investment accord
China- Japan and South Korea will sign a treaty in May to boost cross-border investment and better protect intellectual property- according to a report.The deal is expected to be sealed when leaders of ... ...Sat 5th February 2011 - 04:35pm
Nasdaq hit by hackers
The Nasdaq stock exchange said hackers penetrated one of its computer systems- but that there was no evidence customer information or trading was compromised.Through our normal security monitoring ... ...Sat 5th February 2011 - 04:04pm
Nasdaq acknowledges hit by hackers
The Nasdaq stock exchange said hackers penetrated one of its computer systems- but that there was no evidence customer information or trading was compromised.Through our normal security monitoring ... ...Sat 5th February 2011 - 03:20pm
Nasdaq acknowledges hit by hackers
The Nasdaq stock exchange said Saturday that hackers penetrated one of its computer systems- but that there was no evidence customer information or trading was compromised.Through our normal security ... ...Sat 5th February 2011 - 11:37am
Nasdaq acknowledges hit by hackers
The Nasdaq stock exchange said Saturday that hackers got into one of its computer systems- but that there was no evidence customer information or trading was compromised.Through our normal security ... ...Sat 5th February 2011 - 11:08am
Greens campaign to prevent electricity assets sell-off
The New South Wales Greens have launched a campaign ahead of next months election to pressure the major parties into promising not to sell off state assets.The Greens say the State Governments ... ...Sat 5th February 2011 - 08:55am
Fiat-Chrysler merger forecast upsets Italy
Fiat and Chrysler could be merged within two or three years into a single company with its headquarters in the United States- Fiat boss Sergio Marchionne said in remarks which upset Italians Saturday.His ... ...Sat 5th February 2011 - 08:49am
Obama urges entrepreneurial focus on America
Barack Obama on Saturday urged entrepreneurs to focus on the needs of America and make their mark. If we make America the best place to do business- businesses should make their mark ... ...Sat 5th February 2011 - 06:29am
Fiat-Chrysler merger forecast upsets Italy
Fiat and Chrysler could be merged within two or three years into a single company with its headquarters in the United States- Fiat boss Sergio Marchionne said in remarks which upset Italians on Saturday.His ... ...Sat 5th February 2011 - 06:26am
Floods- cyclone raise demand for labour
Demand for skilled labour softened in the final three months of 2010- but will rise in 2011 due to reconstruction work following a spate of natural disasters- a report says.The 2010 December quarter Clarius ... ...Sat 5th February 2011 - 06:12am
Parts of Townsville still without water after cyclone
Authorities say they are doing everything they can to restore water services in Townsville- in the wake of Cyclone Yasi. Some parts of the city are still without water because some reservoirs and pump ... ...Sat 5th February 2011 - 04:56am
Barclays chief to get 14m bonus- report
The head of Barclays bank- Bob Diamond- is set to receive a bonus of more than STG9 million A14.3 million this year- it was reported on Friday.Sky News said members of the British banks remuneration ... ...Sat 5th February 2011 - 03:44am
Egypt delays stock exchange reopening
Egypts stock exchange will not reopen on Monday- as previously announced- and a decision has yet to be taken on when it will resume business- the state-run MENA news agency said on Saturday.Khaled ... ...Sat 5th February 2011 - 02:16am
Egypt delays stock exchange reopening
Egypts stock exchange will not reopen on Monday- as previously announced- and a decision has yet to be taken on when it will resume business- the state MENA news agency said on Saturday.Khaled Serri- ... ...Sat 5th February 2011 - 02:08am
Chinas Tencent buys US Riot Games majority stake
Chinese Internet firm Tencent has taken a majority stake in US online game developer Riot Games less than two weeks after announcing plans to launch a 760 million fund to invest in such companies.Tencent- ... ...Sat 5th February 2011 - 01:55am
A buyers market as property sales slows
Data from the Real Estate Institute of WA shows house price sales in Perth dropped by 30 per cent last year- leaving a glut of properties on the market. By the end of December- Perth had experienced its ... ...Sat 5th February 2011 - 01:50am
A buyers market as property sales slows
Data from the Real Estate Institute of WA shows house price sales in Perth dropped by 30 per cent last year- leaving a glut of properties on the market. By the end of December- Perth had experienced its ... ...Sat 5th February 2011 - 12:53am
Tourism ready to bounce back after Yasi
Queenslands tourism operators say they may be down but they are not out after the devastating double-whammy of natural disasters in the past month.The trail of destruction left across the state from ... ...Sat 5th February 2011 - 12:44am
A buyers market as property market slows
Data from the Real Estate Institute of WA shows house price sales in Perth dropped by 30 per cent last year- leaving a glut of properties on the market. By the end of December- Perth had experienced its ... ...Sat 5th February 2011 - 12:36am
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