Business and Finance News
 Chinese cars to be built in US
Sweden 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
Sweden 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
Sweden News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
 Food prices in 2050 will be shocking
Sweden 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
Sweden 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.
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...
Rupee falls 12 paise against dollar
Times Of India
MUMBAI: The Indian rupee depreciated by 12 paise against the US dollar in early trade on Wednesday, following the American currency's gains overseas. At the Interbank Foreign Exchange (Forex) ma...
Class-action suit targets Microsoft software
Leader-Post
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 ...
Class-action suit targets Microsoft software
The Province
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 ...
China Feb. Trade Surplus Narrows To $7.6 Billion
Fox Business
HONG KONG -- China's trade surplus narrowed further to $7.6 billion in February from $14.2 billion in January on surging imports even as the nation's exports continued to rise rapidly, according to r...
Collective Brands Loss Narrows, Revenue Beats Street
Fox Business
PSS ) reported a narrower than expected quarterly loss on Tuesday, and saw revenue that beat analyst expectations. The company, which owns Payless, among other shoe brands, reported a fourth-quarter...
Asian stocks near 6-week highs, cool to China data
Reuters
HONG KONG (Reuters) - 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 r...
Oil slips for 2nd day as U.S. crude inventories climb
Reuters
SINGAPORE (Reuters) - Oil fell for a second day on Wednesday after an industry report showed U.S. crude stockpiles jumped more than expected last week, dampening hopes of a strong recovery of demand i...
Goldman seeks leave to appeal Shaw ruling
Financial Post
Goldman Sachs Capital Partners is seeking leave to appeal a lower court's ruling that allowed Shaw Communications Inc. to proceed with its bid to purchase a controlling interest in Canwest Global Comm...
Canadian corporates go on a shopping spree
Financial Post
If corporate Canada was ever being hollowed out, it is now being filled in. For the first time in five years, the announced acquisitions of international companies by Canadian entities outstripped fo...
Air Canada, Emirates war of words escalates
Financial Post
The fight to limit Emirates Airline's access to the Canadian market escalated Tuesday with Calin Rovinescu, Air Canada's chief executive, accusing the UAE airline of telling "fairy tales" about the ec...
Toyota's Prius put in the spotlight
Financial Post
Toyota Motor Corp., struggling to regain a reputation for quality after unintended acceleration forced the recall of millions of vehicles, will investigate a report in California of a Prius hybrid tha...
Freed fiery litigator warns of new fraud wave
Financial Post
SAN FRANCISCO - His debt to society finally paid in full, William Lerach, the fiery shareholder litigator who exposed the excesses of Enron before running afoul of the law himself, warned of another w...
Jobless aid, tax breaks clear hurdle in U.S. Senate
Financial Post
The 66 to 34 vote allows the Senate to move toward a final vote for the bill, part of what Democrats call a “jobs agenda” to bring down the country’s 9.7% unemployment rate before November ...
Royal Bank eyes U.S. expansion
Financial Post
Gordon Nixon, Royal Bank chief executive, has said he’ll be “cautious” about U.S. takeovers as long as there’s uncertainty over regulations and the economy.
Citigroup shares surge 8% on Fairholme interview
Financial Post
NEW YORK -- Citigroup Inc stock surged as much as 8.4% on Tuesday after a prominent fund manager said the bank's shares were underpriced. In an interview with Fortune, Fairholme fund manager Bruce Be...
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