Latest Breaking Business News
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European stocks dive after Tokyo plunge
LONDON (AFP) - European stock markets slumped in early trading on Thursday, with most indices losing more than 2.0 percent after Tokyo shares plunged owing to weak Chinese data and signs that the US Federal Reserve may soon taper massive stimulus measures, analysts said.London's benchmark FTSE 100 index retreated 1.74 percent to 6,720.88 points, Frankfurt's DAX 30 slumped 2.33 percent ...
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Asian Stocks Tumble On Fed Talk China Growth Concerns
Asian stocks tumbled on Thursday after minutes of the Federal Reserve's April 30-May 1 meeting revealed "a number" of members favor tapering the central bank's $85-billion bond-buying program as early as the June meeting if the labor market continues to improve. Fed chief Ben Bernanke also hinted that an exit could be initiated in the "next few meetings" if the ...
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Indian stock markets trade hitting fresh intra-day low Thursday
Business India News: Indian stock markets have hit fresh intra-day low, owing to selling pressure in SBI and Larsen & Toubro. Negative cues from Asian markets have added to the bearish sentiment this afternoon, taking the Sensex to a low of 19,686. The index is now down 367 points, or nearly 2% at 19,695. Nifty is down 119 points at ...
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Being gay in the finance industry | Joris Luyendijk
A product control worker tells Joris he doesn't face real homophobia, but that he doesn't see gay people in front-office trading positions. Join him in the ...
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Bugaboo designer Max Barenbrug the master of reinvention
The Bugaboo is the buggy of choice for the Duchess of Cambridge and style-conscious parents around the world. So how did its creator turn the humble stroller into a status symbol? And what's his next big ...
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Social media five lessons for social entrepreneurs
Young, new social entrepreneurs around the world face a similar problem: building an audience and sustaining virtual communities. With social media playing an important role in audience building, early-stage entrepreneurs have begun to focus on popular networking sites to leverage engagement and maximise reach. Yet this is the reason that most early enterprises often fail in garnering public ...
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Corero appoints high tech executive to lead worldwide sales
HUDSON, MA, May 21, 2013 – Corero Network Security, the First Line of Defense for enterprises globally against Distributed Denial of Service (DDoS) attacks and ...
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Arm drops again as markets suffer Bernanke and Chinese hangover
under pressure since an investor day on Tuesday , with analysts concerned about increased competition from Intel in the tablet and smartphone markets. Many believe a move by Arm into the server sector may not be enough to make up for any loss of market share elsewhere.So after losing more than 4% since the update, Arm shares are down another 6% to 986.5p as Exane BNP Paribas moved from ...
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Tesco pledges action on food waste
food wasted by its customers and elsewhere in its international supply chain.After criticism of the prevalence of supermarket "bogofs" (buy one get one frees) and other deals which help to create an annual mountain of ...
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Thursday Newspaper Review - Irish Business News and International Stories - - May 23 2013
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 Interactive Tools upgraded to a new content management ...
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Google engineer bashes Microsofts handling of security researchers discloses Windows zero-day
Computerworld - A Google security engineer accused Microsoft of treating outside researchers with "great hostility" just days before posting details of an unpatched vulnerability in Windows that could be used to crash PCs or gain additional access rights. Microsoft acknowledged the vulnerability late Tuesday. "We are aware of claims regarding a potential issue affecting Microsoft ...
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Japans Monetary Policy a Big Experiment
Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC that Japan is in the midst of a big monetary experiment, so volatility in equity and bond markets should be seen in that ...
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Global Markets Down After Bernanke QE Talk
The FTSE lost close to two percent in early trading on the back of signs the US may wind down quantitative easing measures and weak Chinese data. The losses were reflected across European bourses, spooked by a seven percent plunge on Japan's Nikkei index. London's benchmark FTSE 100 index retreated 1.74 percent, Frankfurt's DAX 30 slumped 2.33 percent and in Paris the CAC 40 ...
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UniCredit 2Q in Line With 1Q - CEO
UniCredit SpA's (UCG.MI) chief executive gave an early forecast for the Italian lender's second quarter Thursday, saying he saw the results for the period coming in line with those of the first quarter."It's in line with the first," Federico Ghizzoni told reporters as he entered an assembly in Rome, according to MF-Dow Jones.UniCredit, the country's largest bank by ...
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Deutsche Bank Operating Environment Still Challenging 1Q Gives Momentum
Germany's Deutsche Bank AG (DB) Thursday said the operating environment remains challenging and that the cumulative effects of proposed regulation are hard to predict, which is creating substantial uncertainty in financial markets and the real economy.Speaking at the bank's annual general meeting, co-chief executives Anshu Jain and Juergen Fitschen reiterated the bank's commitment ...
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Malaysia Maybank Posts 12 Rise in 1Q Net Expects More Growth
Malayan Banking Bhd (1155.KU), Malaysia's largest lender by assets, said Thursday that first-quarter net profit grew 12% from a year earlier on the back of higher net interest income as well as robust Islamic banking performance, adding that it expects a pick-up in business momentum in key markets due to stronger loan growth.Net profit for the three months ended March was 1.51 billion ...
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Banking Sector Fuels Singapores First-Quarter Growth
Singapore's economy took an unexpected turn higher in the first quarter of the year as a rally in financial markets buoyed the city-state's banking sector.Gross domestic product expanded 1.8% in the first quarter on a seasonally adjusted, annualized basis, an improvement from preliminary data that had indicated a 1.4% decline, the government said Thursday. Officials said they expect ...
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Gazprom to Announce LNG Project Soon - Report
Russian gas giant OAO Gazprom (GAZP.RS) will soon announce another "fundamentally new" liquefied natural gas project," Alexei Miller, the company's chief executive, told Interfax Thursday."We will have another fundamentally new project that you do not know of yet," he said.Gazprom is already building a gas liquefaction plant in Vladivostok, eastern Russia, to supply ...
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Europe stock markets slide in early trade
26/03/2013 20:33 CET European stock markets opened in a tailspin – after the US Federal Reserve’s announcement on Wednesday that it might scale back its bond buying programme. A flurry of selling saw ...
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Dan Bartlett is Wal-Marts new chief image maker
Tim Cook’s congressional debut, following an appearance at Obama’s State of the Union address in Feb, shows the iPhone maker can no longer afford to keep the low profile in ...
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EU regulators accept Lufthansa United antitrust offer
BRUSSELS | Thu May 23, 2013 5:47am EDT BRUSSELS May 23 (Reuters) - EU antitrust regulators accepted on Thursday concessions from Lufthansa, United Airlines, Air Canada and Continental to ease competition concerns about their transatlantic revenue-sharing pact. The European Commission said the airlines would give up airport slots in Frankfurt and New York, and also allow rivals to sell ...
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Indications Stock futures slide rattled by Fed China data
MADRID (MarketWatch) -- U.S. stock market futures fell sharply early Thursday, as fears over a tapering of the Federal Reserve's bond-buying program continued to play out. Those worries and weak China data led to heavy losses for global stocks, with Japan equities suffering their biggest one-day loss in more than two ...
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Eurozone downturn in manufacturing services eases in May
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 Interactive Tools upgraded to a new content management ...
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Grexit No Longer Likely Says Man Who Coined Phrase
"Grexit" says the possibility of Greece exiting the euro zone has receded "markedly", reversing predictions he made in July when he saw a 90 percent chance of an exit within the next 12-18 months. Citi Chief Economist Willem Buiter coined the phrase with his Citigroup colleague Ebrahim Rahbari in February 2012. ...
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If Microsoft can’t beat them it bashes them
Scroogled " campaign, to "Bing It On", the company is more focused on the current king of online search than solving its own problems. Focusing on Google internally is fine enough, but is classless to do so publicly. You should never have to bash a competitor's products to further advance your own. With that said, Microsoft continues the desperation in the latest Bing blog ...
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Nissan To Recall 841000 Vehicles Worldwide
Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide as a result of a steering wheel glitch. Japan's No.2 automaker said it would recall certain models of the Micra compact car produced in Britain and Japan between 2002 and 2006, as well as the Cube, produced in Japan around the same period. It is pulling back vehicles in Japan, Europe, Asia, Oceania, Africa, Latin America ...
Atlanta in the Spotlight
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Stand fast Atlanta, but dont be selfish
Atlanta is the capital of Georgia, therefore it is the leader of the state, and the actions and decisions of city leaders will influence the stability, or lack thereof, of the state. It is a substantial responsibility and one that should not be taken lightly. Atlanta must weather the current recession in a manner helpful to the wider region as well as itself.
Atlanta is one of the fastest growing cities in the US. It is the beating heart of Georgia, and one of the main centers for economic activity with the head quarters of several major companies located in its CBD, including Coca Cola, Delta Airlines, and AT&T. Just behind Chicago and Minneapolis, it has one of the highest concentrations of Fortune 500 companies located within the greater Atlanta Metropolitan Area. Read more
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