 Big tax bill slapped on Vodafone IndiaAn Indian court has told phone company Vodafone to pay an estimated $2.6 billion in taxes for its 2007 acquisition of one of India’s largest mobile phone... | |
 Large salary for Hurd at OracleOracle has promised its newly appointed President Mark Hurd a base salary of $950,000 a... |
 Wall Street boosted by renewed euro confidenceThe Nasdaq was the star on the day, leaping ahead of the other major... |
 Special hotel card for UAE Visa membersVisa card holders in the UAE can now be part of a luxury hotel... |
 UAE gets on board with Iran bank sanctionsThe UAE has frozen some Iranian bank... |
 French strike affects European air carriersMany European airlines have had to cancel their own flights due to the Air France... |
 New seating plan scheduled at DeltaDelta Air Lines has decided to upgrade the seats on its Boeing 747s to coincide with next summer’s... |
 Apple developers look forward to world's biggest mobile show... |
 Middle East survey shows Beirut is most expensive cityBeirut has become the most expensive city in the Middle East this... |
 Oversubscription realized for Bahrain Treasury BillsThis week’s BD25 million issues of Government Treasury Bills, issued by the Central Bank of Bahrain, were oversubscribed by... |
 Obama says business investment tax breaks are on his listPresident Obama is to call for business investment tax... |
 Kia shakes up managementThe management team at the Kia automobile headquarters in South Korea has undergone a change following recalls of popular makes of... |
 Human rights groups benefit from Soros moneyGeorge Soros has given a fair chunk of his money to a human rights... |
 Pension plans upset French workers French strikers have gone to war with the government over plans to extend the retirement... |
 Retirement a thing of the past say UK workersUK people believe retirement as it has been known is generally... |
| Oz players protest CA attempts to take their 10 percent IPL earnings The Australian Cricketers Association has urged players to refuse to sign Cricket Australia contracts next year as a row has erupted over an attempt to take 10 per cent of their earnings from the Indian Premier... |
| SEC defends $75 million deal with Citigroup WASHINGTON The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime... |
| Feds accuse Shakopee firm of shorting workers' pay Jason Jabas of Lakeville says that when he worked for Hawkins Tree and Landscaping Inc. of Shakopee several years ago, his paychecks often came up short. "It was always generally less than what... |
| Raw-milk producer has hazy memory in E. coli case GAYLORD, MINN. - Farmer Mike Hartmann, who sold raw milk linked to an outbreak of illness caused by dangerous E. coli bacteria, repeatedly told government attorneys in court Wednesday that he... |
| SEC defends $75M settlement with Citigroup over mortgage disclosure as fair, adequate WASHINGTON - The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from... |
| Toys R US will open 600 temporary pop-up 'Express' shops in malls for the holidays NEW YORK - Toys R Us plans to invade the mall this holiday season, opening 600 temporary "Express" stores in malls and other shopping centers around the country, more than six times last... |
| North Korea Celebrates Founding With No Sign of Party Congress Sept. 9 (Bloomberg) -- North Korea celebrates its birthday today with no indication of whether the nation has begun its first party congress in 30 years that may endorse a dynastic transfer of power... |
| Australian Employers Added 30,900 Workers in August Sept. 9 (Bloomberg) -- Australian employers added workers in August for the 11th time in 12 months, underscoring the central bank’s view that a jobs boom will help stoke an economic expansion... |
| Va. philanthropist, billionaire John Kluge dies FILE - In this Aug. 8, 1994 file photo, Billionaire John Kluge, is shown in New York. John Kluge, who built an investment in a radio station into the Metromedia broadcasting empire, has died. He was... |
| Drunken, Raucous Bond Market Is About to Be Ill: Mark Gilbert Sept. 9 (Bloomberg) -- Like a drunk at a party, the bond market is starting to bump into tables, telling off-color jokes, talking too loudly and spilling drinks. The smart guests will steer clear... |
| SEC Defends $75 Million Deal With Citigroup Securities and Exchange Commission made its case in a filing Wednesday to a federal judge, who said last month she was ''baffled'' by the proposed settlement and wasn't ready to approve it. The SEC... |
| Microsoft moves forward with Waledac takedown Microsoft is continuing on its campaign to shut down the notorious Waledac malware botnet.The company said that it has been awarded a summary judgement which will give Microsoft control of some 276... |
| NY Republican candidate: I'm no sheriff of Wall St NEW YORK (Reuters) - The sole Republican candidate for New York attorney general says he does not want to be the next "sheriff of Wall Street" and would give up the national prominence the job offers... |
| FOREX-Yen slips from peak as risk aversion eases slightly GE Capital teamed up with Polaris industries to streamline their distribution strategy. With GE’s valuable insights on their dealer network, Polaris manages inventory in a way that mitigates risk... |
| AMP: AXA Asia Pacific Remains Strategically Attractive At Right Price Dow Jones )- AMP Ltd. (AMP.AU) continues to see AXA Asia Pacific Holdings Ltd. (AXA.AU) as an attractive strategic target but sees no urgency to make any quick moves on the group after the Australian... |
| First Eastern to invest in ANA's new LCC -Nikkei TOKYO, Sept 9 (Reuters) - Hong Kong-based private equity firmFirst Eastern Investment Group will take a stake in All NipponAirways' planned low cost carrier... |
| Argentina Open To Importing Natural Gas From Chile - Minister Dow Jones )- Argentina is open to the possibility of importing natural gas from neighboring Chile, which has two liquefied natural gas regasification terminals, Argentine Planning Minister Julio De... |
| Australian Shares Climb Higher As Banks Rise Wall Street , with investment bank Macquarie Group up 1.4%, while shares of the Commonwealth Bank of Australia Ltd. rose 0.8%. National Australia Bank shares were up 2.3%, although the Australian... |
| Tokyo Shares Rebound On Exporters As Yen Weakens Wall Street . The Nikkei Stock Average gained 0.9% to 9,107.35 and the broader Topix index gained 0.7% to 826.84. Shares of Canon Inc. rose 1.6% and Elpida Memory Inc. rose 2%, while Mitsui Fudosan... |
| Santos In Final Stages Of Agreeing Sell Down Of Part Of GLNG Equity Interest Dow Jones )- Santos Ltd. (STO.AU) said Thursday that it is in the final stages of negotiating a sell down of part of its stake in the Gladstone Liquefied Natural Gas project, and requested that its... |
| Roubini: 40 pct chance of US double-dip recession By Jennifer Kwan TORONTO (Reuters) - There is still a 40 percentchance of a double-dip recession in the United States, and theslide back into recession could come within 12 months, U.S.economist... |
| Australia's ACCC: Maintains Opposition To NAB's Bid For AXA Asia Pacific Dow Jones )- Australia's competition regulator continued its opposition to National Australia Bank Ltd.'s (NAB.AU) proposed A$13.3 billion bid for wealth management firm rival AXA Asia Pacific... |
| Australian Competition Body Rejects NAB Proposal SYDNEY - The Australian competition commission Wednesday rejected undertakings proposed by National Australia Bank as part of its attempt to buy AXA Asia Pacific Holdings Ltd . "The proposed... |
| Santos to sell down stake in Australia LNG project SYDNEY, Sept 9 (Reuters) - Australian oil and gas companySantos <STO.AX> is close to agreeing the sale of some of itsequity in the Gladstone liquefied natural gas project inAustralia, the firm... |
| Delta-Virgin Blue Antitrust Immunity Plea Rejected SYDNEY -- The U.S. Department of Transportation late Wednesday rejected an application for antitrust immunity from Delta Airlines and Virgin Blue over joint services between the U.S. and Australia.... |
| Australia AMP pleased with AXA ruling, mulls next step MELBOURNE, Sept 9 (Reuters) - AMP Ltd. <AMP.AX> said onThursday it was "very pleased" with a decision by Australia'scompetition regulator to block... |
| Nigeria Central Bank Issues Regulations For New Banking Regime Dow Jones )- The Central Bank of Nigeria, or CBN, on Wednesday issued minimum standards, regulations and licensing conditions for the new category of commercial banks to operate in the country... |
| Australian regulator blocks NAB $12 bln bid for AXA Australia Bank's <NAB.AX>$12 billion bid for AXA Asia Pacific <AXA.AX>, dealing a blowto NAB's 9-month efforts to cement its dominance in the world'sfourth-largest wealth management... |
| Nikkei set to gain ground on Europe relief TOKYO, Sept 9 (Reuters) - Japan's Nikkei average is likely torise on Thursday, lifted by short-covering after successful bondauctions in Portugal and Poland helped ease worries aboutEurope's debt... |
| Brazil miner Vale sells $1.75 bln in bonds Credit Suisse , JPMorgan to manage offer (Recasts with total size, adds prices, yields) SAO PAULO (Reuters) - Brazilian mining giant Vale said Wednesday it sold $1.75 billion inglobal bonds to be... |
| Foster's wine arm bid came from Cerberus - report MELBOURNE, Sept 9 (Reuters) - Cerberus Capital Managementis believed to be the firm that made an offer worth up to $2.5billion for the wine business of Foster's Group Ltd, TheAustralian newspaper... |
| Obama: U.S. can't afford to extend tax cuts for rich U.S. President Barack Obama speaks about the economy at the Cuyahoga Community College West Campus in Parma, Ohio, near Cleveland, September 8,... |
