businessnews

Welcome to the 'businessnews' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'businessnews'.

Latest blogosphere posts tagged “businessnews”

• BoEs Miles - QE should be guided by degree of slack

  
  Reuters — Authority: 660
  LONDON (Reuters) - The future path of quantitative easing should be guided by the amount of slack in the British economy, which is currently "very substantial," Bank of England policymaker David Miles said on Wednesday.
  4 hours ago

• Regulators to give banks Basel grace period: sources

  
  Reuters — Authority: 660
  TOKYO/FRANKFURT (Reuters) - Global regulators will give banks a grace period before forcing them to implement stricter capital rules, three people said on Wednesday, easing concerns that lenders might need to issue massive amounts of shares in the near future.
  4 hours ago

• Claimant count falls unexpectedly

  
  Reuters — Authority: 660
  LONDON (Reuters) - The number of Britons claiming unemployment benefit fell in November for the first time in almost two years, according to official data on Wednesday that showed unexpected resilience in the labour market.
  5 hours ago

• Saks to cut 116 jobs at flagship store: report

  
  Reuters — Authority: 660
  (Reuters) - Saks Inc has informed about 116 workers at its flagship Fifth Avenue store that they would lose their jobs by the end of January, the New York Post reported, citing sources.
  5 hours ago

• Stock futures signal gains; all eyes on Fed

  
  Reuters — Authority: 660
  (Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.2 percent at 0841 GMT (3:41 a.m. EST).
  5 hours ago

• UK will strike living will balance - Myners

  
  Reuters — Authority: 660
  LONDON (Reuters) - Britain is aware of the rising cost of greater regulation for financial firms and will strike "the right balance" between cost and benefit of reform, Treasury minister Paul Myners said on Wednesday.
  5 hours ago

• Abu Dhabi fund seeks Citi deal scrapped or £2.5 bln

  
  Reuters — Authority: 660
  NEW YORK/LOS ANGELES (Reuters) - Citigroup Inc said on Tuesday the Abu Dhabi Investment Authority filed an arbitration claim against it, accusing the U.S. lender of misrepresentation over a $7.5 billion (4.6 billion pound) investment by the sovereign wealth fund.
  5 hours ago

• Dubais $10 billion cash came through bond sale

  
  Reuters — Authority: 660
  DUBAI (Reuters) - Abu Dhabis $10 billion financial aid to fellow United Arab Emirates member Dubai to meet debt obligations was in the form of bonds, on similar terms to a $10 billion bond issue to the UAE central bank in February.
  5 hours ago

• GKN - Demand in aero, auto markets rise

  
  Reuters — Authority: 660
  LONDON (Reuters) - Automotive and aerospace parts maker GKN said its full-year pretax profit would likely be ahead of analyst expectations and that demand in its key markets had continued to improve over the last two months.
  7 hours ago

• Drax sees FY earnings slightly beating consensus

  
  Reuters — Authority: 660
  LONDON (Reuters) - Power station operator Drax Group said it expected full-year earnings to be modestly ahead of market expectations, boosted by a strong forward contracted position.
  7 hours ago

• Punch Taverns says profits to be hit

  
  Reuters — Authority: 660
  LONDON (Reuters) - Pubs firm Punch Taverns said on Wednesday it expected profits to be affected in the short-term by high unemployment, impending duty and VAT increases and an uncertain environment for consumers.
  7 hours ago

• Kesa H1 profit beats forecasts

  
  Reuters — Authority: 660
  LONDON (Reuters) - Europes No. 3 electricals retailer Kesa Electricals said it was well set for the Christmas period as it beat forecasts with a 37 percent increase in first-half profit helped by better trading in the UK.
  7 hours ago

• Petrofac sees year profit up 25 percent

  
  Reuters — Authority: 660
  LONDON (Reuters) - Oil and gas services company Petrofac said full-year pretax profit would rise 25 percent after winning more than $6 billion (3.7 billion pounds) of new contracts over the year.
  7 hours ago

• AB InBev repays £2.3 bln of debt early

  
  Reuters — Authority: 660
  BRUSSELS (Reuters) - Anheuser-Busch InBev , the worlds largest brewer, said it had made an early payment of $3.7 billion (2.3 billion pounds) debt it took on to pay for last years merger.
  8 hours ago

• RBS probes possible "irregularities" in China unit

  
  Reuters — Authority: 660
  BEIJING (Reuters) - Royal Bank of Scotland is conducting an investigation after discovering "potential irregularities" in its small and medium enterprise banking unit in China, a spokeswoman said on Wednesday.
  8 hours ago

• Philips sees pick-up in consumer electronics sales

  
  Reuters — Authority: 660
  AMSTERDAM (Reuters) - Dutch Philips Electronics said it expected fourth-quarter sales of about 2.8 billion euros (2.5 billion pounds) at its Consumer Lifestyle unit, up from 2.1 billion in the third quarter and signalling a pick-up in the market.
  8 hours ago

• Philips sees pick-up in consumer electronics sales

  
  Reuters — Authority: 660
  AMSTERDAM (Reuters) - Dutch Philips Electronics said it expected fourth-quarter sales of about 2.8 billion euros ($4.1 billion) at its Consumer Lifestyle unit, up from 2.1 billion in the third quarter and signaling a pick-up in the market.
  8 hours ago

• FTSE seen opening lower

  
  Reuters — Authority: 660
  LONDON (Reuters) - The FTSE 100 is seen opening 4-5 points lower on Wednesday, following weakness overnight on Wall Street, but moves are seen as muted as investors stay on the sidelines awaiting news from the latest U.S. Federal Reserve policy meeting.
  8 hours ago

• GE sees flat 2010

  
  Reuters — Authority: 660
  NEW YORK (Reuters) - General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment.
  9 hours ago

• U.S. Fed to keep policy steady

  
  Reuters — Authority: 660
  WASHINGTON (Reuters) - The U.S. Federal Reserve is expected to stick to its super loose monetary policy stance on Wednesday as high unemployment constrains policy-makers enthusiasm about the economys recent improvement.
  9 hours ago

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