More consultataion on telecom charter in India neededTelecom sits on the top of the incredible India story. But the mess, evident in the award of second generation (2G) licences, shows how at least six principal characters worked overtime to deface it.... | |
Sauli Niinistoe wins Finnish presidency in landslideConservative party leader Sauli Niinistoe has won Finland's presidential election by a landslide and will become the country's first conservative president in 30 years.
Officials say Mr.... |
Super Bowl crowds tempting to terrorists, say security officialsSecurity officials say the crowds expected in Indianapolis for the NFL's Super Bowl championship game are tempting targets for terrorists.
An operation in place to protect the Super Bowl 46 site... |
Technology to detect whether CEO is telling the truthUsing a new technique, Layered Voice Analysis, can decipher whether CEOs are lying or not, a study reveals.
Duke University and University of Illinois researchers turned to an Israeli firm... |
| Video: Resource company earnings key this week for investors Investors who choose the stability of a fixed income portfolio are paying with dismal returns - and it looks like theres more of the same ahead. Your money month looks at ways to boost returns... |
| Indications: U.S. stock futures drop on Greece worries LONDON (MarketWatch) -- U.S. stock futures dropped on Monday, as party leaders in Greece struggled to agree on another dose of painful austerity measures, with the threat of default looming large... |
| Tesco delays account launch Tesco, the world's third-biggest retailer, said its Tesco Bank business in the UK has delayed the launch of its current account service until next year, dealing a blow to government attempts to... |
| Tesco delays launch of current accounts Banking customers hoping to open a current account with Tesco will have to wait until next year after its launch was delayed, it was reported... |
| Schools supplier RM drops 13% after swinging into full year loss , the educational services group, has lost 13% after it swung into a loss after the coalition government cut spending on schools as part of its austerity drive.The company, which supplies computer... |
| Apps Rush: Greggs, Time Ducks, Parent Bingo, Seesmic Ping, FourFourTwo Gallery, Mr Legs and more Parenting can be a stressful experience. iPhone app Parent Bingo aims to help by boosting "a parent's first line of defence - their sense of humour". The idea: mark off parental... |
| Markets News: Aer Lingus reports rise in January traffic See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when... |
| After Greece, Markets Will Eye Portugal: Economist The debt crisis will continue to plague the euro zone even if Greece gets an agreement and its second bailout, with Portugal likely to be the next country to face the scrutiny of the markets, an... |
| Central Bank Demand Driving Gold Higher: Randgold Central Banks from emerging market nations are seeing gold as a safe haven against the volatility of the global economy and are keeping prices and demand stable, Mark Bristow, CEO at Randgold... |
| GM Aims to Raise Profit Margin to 10%: Report aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an... |
| Italy Police Seize Rosaries Near Vatican in Tax Quest The two-man workshop close to the Vatican had been busy when tax police raided it last week, seizing about a million religious articles and souvenirs ranging from rosaries to images of Pope John Paul... |
| Two Firms Flourish in Frenzied MF Global Aftermath The mad rush to move client money out of MF Global after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving... |
| Japan Firms Spent $70 Billion on Buying Foreign Rivals Japan Inc splurged a record $70 billion on foreign acquisitions last year, taking advantage of a strong yen, big cash reserves, attractive valuations and some willing sellers, especially in Europe.... |
| Fatah, Hamas Agree Abbas to Head Palestinian Unity Government Feb. 6 (Bloomberg) -- The Islamic Hamas movement and the secular Fatah party agreed that Palestinian Authority President Mahmoud Abbas will head an interim unity government that will facilitate... |
| Netanyahu Says Military Strength Guarantees Israeli Security Feb. 6 (Bloomberg) -- Prime Minister Benjamin Netanyahu, who yesterday announced plans to visit the U.S. in March, said turmoil in neighboring Arab states and threats from Iran show that Israel must... |
| Fidelity’s Stairs Believed Chaoda Share Sale News Was Public Feb. 6 (Bloomberg) -- Fidelity Management & Research Co.’s George Stairs believed share placement information he was given by Chaoda Modern Agriculture Holdings Ltd.’s chairman and... |
| European Stocks Decline, Euro Weakens as Greek Leaders Meet Feb. 6 (Bloomberg) -- European stocks fell from a six-month high and the euro declined the most in three weeks as Greek leaders wrestled with spending cuts to get aid and avert default. German bonds... |
| Talks Resume As Clock Ticks On Greek Debt Plan On Friday he cancelled the meeting over Greece's finances which was due on Monday, but said it may take place later in the week. An official for the Greek government said politicians must come... |
| Labour: Network Rail Bonuses Can Be Vetoed Labour have insisted bonuses for Network Rail executives could be blocked by ministers, contradicting Government claims that it does not have veto... |
| Stock index futures signal lower Wall Street open Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3,... |
| Citi gets approval to issue credit cards in China "This approval represents a significant milestone in the continued expansion of Citi's business in China, a priority market for Citi," said Citi Asia Pacific Chief Executive Stephen... |
| Europe's debt rose to 82 percent of output at end-Q3 BRUSSELS (Reuters) - The European Union's total government debt rose slightly to 82.2 percent of economic output in the third quarter of 2011, the EU's statistics agency said on Monday,... |
| Analysis: Euro zone strugglers lack innovative knack LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight... |
| Europe Markets: Greek worries push European stocks south LONDON (MarketWatch) -- European stock markets edged lower Monday as the deadline loomed for Greece to reach agreement on austerity measures demanded by official... |
| Rosneft Triples 2011 Social Spending To $422 Million Amid Elections MOSCOW – Russian state-controlled oil producer OAO Rosneft (ROSN.RS) more than tripled social and charity spending last year to $422 million, data from the company's financial statement... |
| UK's Hague: Euro-Zone Debt Crisis Biggest Threat To UK William Hague said Monday.Hague told a financial services conference in London that "anemic growth" in the currency union and the "sense of uncertainty" created by the failure to... |
| Indonesian Economy Grows 6.5% In 2011, Most Since Asian Crisis JAKARTA – Indonesia's economy grew last year at its fastest pace since the 1997-1998 Asian crisis, with the country's vast domestic market helping to shield it from the global... |
| Fidelity Sets Guidance On GBP250 Million 12-Year Bond, Gilts +4.625-4.75 LONDON – Fidelity Worldwide Investment, trading as FIL Ltd., has set price guidance on its GBP250 million, 12-year bond, one of the banks running the deal said Monday.Initial guidance is... |
| Singapore Shares End Higher, Buoyed By US Data SINGAPORE – Singapore shares closed higher Monday, tracking gains across most of the region following better-than-expected U.S. jobs data, which sent U.S. stocks to multi-year highs Friday.The... |
| Alba Mineral Resources To Pay Off JV Debt With New Shares LONDON – Uranium, nickel and gold-focused explorer Alba Mineral Resources PLC (ALBA.LN) said Monday its joint venture partner in Mauritania, FOSSE Investments Ltd., has agreed to accept Alba... |
| India Official: Government May Sell 5% Of ONGC Entirely Through Auction NEW DELHI – India's federal government may auction a 5% stake in Oil & Natural Gas Corp. (500312.BY), a senior oil ministry official said Monday."Auction is favorable. We can do... |
| RBS Coutts Mideast To Add Staff This Year;Hopes To Double Assets By 2015 Middle East this year as it seeks to double its assets under management in the region by 2015.The bank currently employs around 30 people in its three regional... |
| Julius Baer Expects Fine In US Tax Matter, Profit Down ZURICH -- As it reported a decline in full-year net profit, Julius Baer Group (BAER.VX) Monday said it expects to pay a fine as a result of a U.S. campaign to track down Americans with assets hidden... |
| Julius Baer Stopped Accepting UBS's US Clients In 2008 - CEO UBS AG (UBS) with offshore accounts in the fall of 2008, Chief Executive Boris Collardi said Monday.U.S. authorities are targeting 11 Swiss banks, including Julius Baer, which allegedly helped... |
| Delays for roll-out of Tesco Bank Tesco Bank is not expected to launch its current account until next year. The Edinburgh-based bank already offers insurance, credit cards and savings products and has about 6.5 million customers. ... |
| Euro crisis 'could damage China' A eurozone recession could almost halve Chinese growth this year, according to the International Monetary Fund (IMF). The IMF forecasts China's economy will grow by 8.2% this year - but warns... |
| Bank lending 'to shrink' in 2012 UK bank lending is set to shrink this year for the first time since 2009, according to the Ernst & Young Item Club economic forecasting group. Total lending is expected to fall by 2.2% with... |
| Web firms remove India material Facebook and Google say they have complied with an Indian court directive and removed "objectionable" material. They are among 21 web firms, including Yahoo and Orkut, facing a civil suit... |
| AUDIO: 'Unemployment emergency' in UK The problem of youth unemployment has reached an "emergency point" according to a new report. Former foreign secretary David Miliband, who chairs the Commission on Youth Unemployment which... |
| VIDEO: Heathrow flights hit by weather Flights in and out of Heathrow airport are still being affected by the weekend's severe weather as airlines deal with the backlog of cancellations. BAA has apologised to passengers after it had... |
| VIDEO: Eye-tracking helps advertisers Developments in eye-tracking technology are helping advertisers predict what products will have a visual impact on customers. The BBC's Victoria Fritz caught up with Ian James, managing... |
| U.S. stock index futures signal lower Wall St open futures for the S&P 500 , the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent. * The Conference Board releases its employment trend index for January at 1500 GMT. In the previous report, the... |
| Umniah launches Microsoft applications and... Umniah launched its Umniahlive.net service for the first time in Jordan, enabling subscribers to consolidate data and efficiently manage their emails and online activities, as well as access other... |
| FTSE falters on Greek debt deal worries but Randgold rises after profits surge .The gold mining group has jumped 215p to 76.15 - up almost 3% - after it said full year profits rose 259% to $433.3m thanks to increased production at its Ivory Coast and Mali projects. Profits for... |
| Improving competitiveness/ innovation in Eurozone's struggling peripheral countries an article on Greece's potential to improve its dismal inward foreign direct investment record, that the World Bank's 'Doing Business 2012' rankings of the ease of doing... |