Finance News, Saturday 23rd April 2011

Ex-Sony chief- father of the CD- dies

Former Sony president Norio Ohga- who helped transform the music industry with the development of the compact disc format- has died at the age of 81- the company said.The music school graduate served as ... ...

Gillard talks up trade ties in Seoul

Prime Minister Julia Gillard has arrived in Seoul and immediately delivered a speech highlighting the significance of Australias relationship with South Korea.The countries are celebrating 50 years ... ...

In China- success is a black Audi A6

The worlds newest cars are on display at the Shanghai auto show- but Xu Xingen came for a classic that is perhaps equated with success and power in China more than any other - the Audi A6.Half of ... ...

Germany clears path for Super Mario as ECB chief

Germany appears to be coming round to the idea of a former Goldman Sachs executive from Italy as Europes top banker- having failed to install its own choice as the next European Central Bank chief.While ... ...

Oil majors look to Barents Sea for the future

The oil and gas majors are looking to the promise of the Barents Sea- attracted by Norways political stability against a backdrop of unrest in the Middle East and falling North Sea output.Of 24 offshore ... ...

Indias double-digit growth ambitions fade

Indias dreams of attaining double-digit economic growth within the next few years are fading- undermined by high inflation- slow progress on reforms and an uncertain global outlook.The ruling Congress ... ...

Rio and Guinea reach final deal on Simandou

Global miner Rio Tinto has settled a long-running dispute over Guineas huge Simandou iron ore field- with the West African nation agreeing to take a stake of up to 35 percent.The agreement- which ... ...

History repeats itself in Greek debt crisis

Austere-looking Europeans dictating economic policy are nothing new for Greece which went bankrupt over a century ago and had to accept an international commission of control over its finances.The year ... ...

Ex-Sony chief- father of the CD- dies

Former Sony president Norio Ohga- who helped transform the music industry with the development of the compact disc format- has died at the age of 81- the company said.The music school graduate served as ... ...

Clear economic victory eludes Obama as vote nears

Barack Obama does not yet know the identity of his 2012 Republican challenger- but his toughest reelection challenge could be to convince voters the economy is in steady hands.In the two years since Obama ... ...

Ex-Sony chief- father of the CD- dies

Former Sony president Norio Ohga- who helped transform the music industry with the development of the compact disc format- has died at the age of 81- the company said.The music school graduate served as ... ...

Bolivian president eyes 2 billion for state industries

Bolivias president proposed Saturday tapping the impoverished nations currency reserves to invest 2 billion in as yet unspecified state industries.Saying he would seek approval of the South ... ...

Portuguese deficit for 2010 raised

Portugals public deficit for 2010 was revised upwards to 9.1 percent of gross domestic product from 8.6 percent announced earlier- the national statistical institute said on Saturday.The body informed ... ...

Portuguese deficit for 2010 raised

Portugals budget deficit for 2010 was revised upwards to 9.1 percent of gross domestic product against 8.6 percent announced earlier- the national statistical institute said Saturday.The body informed ... ...

Portuguese deficit forecast for 2010 raised

Portugals public deficit for 2010 was revised upwards to 9.1 percent of Gross Domestic Product against 8.6 percent announced earlier- the national statistics institute said Saturday.Officials from ... ...

EU not ruling out new Greek debt measures

The European Union has not ruled out new measures to ease Greeces intractable debt problem- the European Commissions chief representative in Athens said in an interview published on Saturday.The ... ...

Help for cyclone-hit businesses extended

Acting Prime Minister Wayne Swan says the extension of wage subsidies for businesses affected by Cyclone Yasi will help keep workers in jobs. Businesses which keep on staff are already eligible for wage ... ...
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