Business and Finance News
 Chinese cars to be built in US
El Paso 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
El Paso 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
El Paso News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.  Chinese passenger cars in strong demand
El Paso News.Net
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive vehicles.  Food prices in 2050 will be shocking
El Paso 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
El Paso 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. Industrial production fell in January
Guardian
Industrial production fell in January, against predictions of a rise. Photograph: Guardian Britain's manufacturers suffered their biggest fall in production in six months at the start of the year wh... Tullett Prebon shares climb on bid approach news
Guardian
has jumped around 17% after confirming market speculation about a takeover by saying it was in talks with a possible bidder.Although it described the discussion as preliminary, the interdealer broker'... Microsoft boffin wins Turing Award
Techworld
The Association for Computing Machinery (ACM) has awarded the 2009 AM Turing Award to Charles P. Thacker, for his work in pioneering the networked personal computer. In Microsoft warns of zero-day IE hole
Techworld
Microsoft warned of a critical vulnerability in Internet Explorer that is already being exploited by hackers, the second such admission in the last two months. Internet Explorer 6 (IE6) and its 2006 ... Microsoft patches Excel security hole
Techworld
Microsoft announced a lighter load of security bulletins for its users, but security experts say the potential impact is considerable if vulnerabilities aren't addressed. "Even though it is a slower ... German exports fall unexpectedly
BBC
German exports fell unexpectedly in January, with the cold weather that month being seen as the main cause.Exports in the first month of the year declined 6.3% on a seasonally adjusted basis, compared... UK industrial output falls back
BBC
Industrial production in the UK fell unexpectedly in January, as the cold weather dented firms' output, official data has shown.Output fell by 0.4% compared with December, the Office for National Stat... Budget in two weeks, Darling says
BBC
This year's Budget will be held in Wednesday 24 March, Chancellor Alistair Darling has confirmed.The statement will be six weeks ahead of the widely expected general election date of 6 May. Prime Mini... Budget Date Fuels Election Speculation
Sky News
In a written statement, the Chancellor Alistair Darling announced it would be held on March 24. The date will fuel speculation the General Election will be held on May 6, the same day as the council ... New Deadline Looms For BA Strike Talks
Sky News
Unite union and the airline have given themselves until noon as they try to break a long-running row over jobs, pay and working practices. It remains far from certain that the TUC-chaired discussions... RMB sees higher earnings
Business Report
Submit your comment Diversified financial services holding group RMB Holdings, whose investments include FirstRand, witnessed a 22 percent improvement in normalised earnings from R1.353 billion to R1.... China Mobile To Pay $5.83 Billion For Bank Stake
Fox Business
HONG KONG -- China Mobile Ltd. said Wednesday it has conditionally agreed to buy a 20% stake in Shanghai Pudong Development Bank Co. for 39.80 billion yuan ($5.83 billion). The state-controlled telec... U.K. Jan. Manufacturing Output Falls 0.9%
Fox Business
LONDON -- British factory output posted an unexpected fall in January, with manufacturing output down 0.9% compared to December, the Office for National Statistics reported Wednesday. Compared to the... U.K. Budget To Be Unveiled March 24, Brown Says
Fox Business
LONDON -- The British government will unveil its budget plan in "two weeks' time" on March 24, Prime Minister Gordon Brown said in a speech Wednesday. "We are at a turning point, a crossroads, for ou... Cathay Pacific's Shares Gain On 2009 Profit Result
Fox Business
HONG KONG -- Cathay Pacific Airways Ltd.'s shares rose 4.7% in afternoon trade Wednesday after the airline said it returned to profit in 2009, helped by the sale of nearly half its stake in an aircra... Tullett Prebon In Takeover Talks
Fox Business
LONDON -- U.K. interdealer broker Tullett Prebon said Wednesday that it is in preliminary talks with a third party that could lead to a takeover offer for the company. The group said there is no cert... Stock futures signal higher open; Facet eyed
Reuters
(Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25... Insurers' Chile quake hit won't up prices
Reuters
MUNICH/ZURICH (Reuters) - Last month's huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world's top two reinsurers said, but it looks unlikely to raise... Oil Drifts Near $81 Amid Mixed US Inventory Data
ABCNews
Oil prices drifted down to near $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. Benchmark crude for April delivery was down 38 cents to $81.11 a barrel ... BA, American, Iberia to Cede Airport Slots
ABCNews
British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesd... Nationalized UK Bank Northern Rock Back in Profit
ABCNews
Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell. Northern Rock said it posted a prof...
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