Business and Finance News
 Chinese cars to be built in US
Cairo News.Net
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County.
Eurotunnel results show a profit
Cairo News.Net
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic conditions.
 U.S. stocks creep higher
Cairo News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
 Food prices in 2050 will be shocking
Cairo News.Net
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks.
US stocks gain on financial firms
Cairo News.Net
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.
Hewlett-Packard says pilfered inkjet parts peddled
The China Post
SAN FRANCISCO -- Hewlett-Packard on Monday said it is suing a Taiwan-based firm for peddling inkjet cartridges made from parts swiped from the U.S. technology giant's facilities in Asia.
China's exports see big increase
BBC
China's exports jumped by 46% in February compared with a year ago, raising hopes of a strong recovery in global trade.The increase was higher than analysts' expectations of a rise of between 35% and ...
Gordon Brown: 'Economy At A Crossroads'
Sky News
Prime Minister will also say that there are "crucial decisions to be made" in order to secure the recovery and create growth. He is expected to say: "We are at a turning point, a crossroads, for our ...
Swiss Re Sees $500 Mln Chile Hit
Fox Business
LONDON -- Swiss Re [s:ch:rukn] said it provisionally estimates that it will lose $500 million before tax from the Chile earthquake, and that the insurance sector as a whole will lose between $4 billi...
U.S. Investigating Toyota Prius Incident: Reports
Fox Business
LOS ANGELES -- The U.S. National Highway Traffic Safety Administration has sent investigators to look into the case of a Toyota Motor Corp. Prius that sped out of control near San Diego, Calif., acco...
Fraport Feb. Cargo Surged, Passenger Traffic Eased
Fox Business
TEL AVIV -- Fraport, the operator of Frankfurt Airport, reported that for February the number of passengers served slipped 1% from the year-earlier month to 3.3 million. But for the effects of a pilo...
A Pulitzer For The Enquirer? Why Not?
Fox Business
NEW YORK -- Excuse me. May I have your attention, please? Everyone please rise, place hand over heart and lift your eyes toward the heavens for a moment of thoughtful meditation.You see, I'm about to...
Strong China trade data make case for firmer yuan
Reuters
BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan...
Toyota to Expand Tundra Pickup Recall
CBS News
Prius Driver's Frantic 911 Call Toyota Prius driver Jim Sikes frantically called 911 when his car speed out of control on a stretch of San Diego highway. Ben Tracy reports the U.S. government wants to...
Brown-Forman To Report Q3 Results: Earnings Preview
Quote.com
(RTTNews) - Alcoholic beverage manufacturer Brown-Forman Corp. (BF-A, BF-B) is scheduled to report third-quarter results before the market opens Wednesday. On average, six analysts polled by Thomson ...
European Stocks May Open On Cautious Note
Quote.com
(RTTNews) - European stocks are seen opening mixed on Wednesday, tracking a lackluster session on Wall Street overnight. However, data showing a surprise rise in Chinese imports for February may boos...
A new finger on the pulse of economy
Star Tribune
Want to know which way the economy is headed? Find out how much diesel fuel is being burned by the nation's over-the-road truckers. That's the theory behind a new economic index developed by Blooming...
Australia, Indonesia Will Combat People Smuggling
Business Week
March 10 (Bloomberg) -- Australia and Indonesia agreed to work more closely on combating human smuggling and terrorism and will upgrade annual talks between leaders and officials to a level enjoyed by...
Chancellor Set To Announce Date Of Budget
Sky News
Treasury officials declined to comment on the date but confirmed it would be released in a written statement to MPs. According to reports, Gordon Brown settled on March 24 as the best date for the bu...
Todd Harrison: The witch hunt widens on Wall Street
Market Watch
NEW YORK (MarketWatch) -- The U.S Department of Justice recently asked hedge fund managers who attended an idea dinner hosted by a boutique broker to document the bets they placed against the euro, wh...
Economists trim 2011 U.S. growth forecast
Reuters
(Reuters) - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released o...
Class-action suit targets Microsoft software
Canada.com
VANCOUVER — A British Columbia judge has certified a class-action lawsuit against Microsoft that could affect hundreds of thousands of people who have bought personal computers containing Microsoft ...
Curbing Derivatives Might Hurt, Not Help, Greece
ABCNews
Treasury Secretary Timothy Geithner talks with Greek Prime Minister George Papandreou before their meeting, Tuesday, March 9, 2010, in Washington. (AP Photo/Haraz N. Ghanbari) (AP) The complex fina...
Bank of America Ends Overdraft Fees on Debit Cards
ABCNews
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting over...
Asian stocks near 6-wk highs
Times of India
HONG KONG: Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on renewed c...
'UK's Stormy Finances Have A Bright Future'
Ananova
A top Bank of England policy maker has told Sky News he is confident that enough will be done to turn around Britain's economy. Speaking on Jeff Randall Live, Monetary Policy Committee member Dr Ada...
Chancellor Set To Announce Date Of Budget
Ananova
Alistair Darling is to announce the date of the budget today amid intense speculation that it will be held on March 24. Treasury officials declined to comment on the date but confirmed it would be r...
Bank of America cards to reject overdrafts
Star Tribune
NEW YORK - Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations li...
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