 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... |
 Housing construction in India to rocket over next few yearsOver 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on... |
 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... |
| 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... |
| 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... |
| Mexican cement giant Cemex increases offer for remaining stake of Readymix Ireland Cemex, the Mexican cement and building materials giant, has increased its offer for the remaining stake of Readymix Ireland, which it does not... |
| Greek Parties Face Monday EU Bailout Deadline Political leaders must agree on unresolved problems - including labor market change and shoring up domestic banks - to secure the 130 billion euro ($170 billion) rescue Greece needs by March or risk... |
| Facebook to Tap Mobile Ads for Revenue Facebook is set to begin showing advertisements to users on mobile devices within weeks in an effort to tap a new source of revenues before it goes... |
| New Acronym On The Block: But What Does OSI Mean? OSI - official sector involvement - is the latest term to be bandied around as part of the long drawn-out Greek bailout. It essentially covers all the public sector organizations, such as the... |
| Asian stocks rise after US unemplo Asian stock markets have climbed after US unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No 1 economy that could benefit the region's... |
| Talks Resume As Clock Ticks On Greek Debt Plan Greece must agree to cut its public spending by 1.5% of GDP, lower the minimum wage and make changes to the pay of government workers. Prime minister Lucas Papademos has set a deadline of midday for... |
| Diamond Jubilee 'Could Harm Economic Growth' Despite the expected boost to retail and tourism, economists estimate that the extra bank holiday on June 5 could reduce gross domestic product (GDP) in the second quarter of the year by 0.5%. The... |
| 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... |
| Fortescue rises 5.7 percent on talk of strategic stake build-up Billionaire Andrew Forrest, who founded Fortescue in April 2003, is the largest shareholder, holding about 30 percent of the firm. Hunan Valin Hunan Valin 000932.SZ, a Chinese state-owned steelmaker... |
| Chrysler's "Halftime" ad: a roadmap for America? Rugged Hollywood icon Clint Eastwood proclaimed it was "Halftime in America" in the spot that did not mention a Chrysler car or truck but intoned that the automaker's successful... |
| Asian stocks extended last week's rally - Asian stocks extended last week's rally as consumer companies led gains after higher-than-expected U.S. jobs growth. The euro weakened against most of its 16 major peers as Greek leaders... |
| Kommuninvest Sets Pricing On Five-Year Bond At Swaps +0.65 Area LONDON – Sweden's Kommuninvest has set pricing on its benchmark-size, dollar-denominated, five-year bond, in the area of 65 basis points over midswaps, one of the banks running the deal... |
| Citigroup Obtains Approval For Credit Card Business in China China , as it looks to capitalize on the country's increasing consumption power as well as expand in the world's second-largest economy.The U.S. bank, which already has co-branded credit... |
| Interior Services To Construct Santander's Data Center In Midlands LONDON – Interior Services Group PLC (ISG.LN), the international construction services group, Monday said it has signed a contract for a GBP100 million data centre with financial services... |
| Numericable Finance Plans EUR350 Million 7-Year High Yield Bond LONDON – Numericable Finance, issuing for French cable broadband operator Numericable, is planning to meet investors for the sale of EUR350 million worth of bonds, one of the banks running the... |
| Dubai Abandons $10 Billion Debt Restructuring - The Telegraph Dubai Group, the financial services arm of Dubai Holding owned by ruler Sheikh Mohammed bin Rashid Al Maktoum, U.K. newspaper The Telegraph reported Sunday, without directly citing its source.Dubai... |
| Santander Targets EUR14 Billion Net Profit In 2014 - Report MADRID – Banco Santander SA (STD) Chief Executive Alfredo Saenz told its managers last week that he wants the bank to reach EUR14 billion in net profit in 2014, more than double what it made... |
| Bank Handlowy 4Q Net Profit Up 14% On Higher Net Interest Income WARSAW – Citigroup Inc.'s (C) Polish unit, Bank Handlowy w Warszawie SA (BHW.WA), Monday posted a higher-than-expected net profit of 221.1 million zlotys ($68.9 million) for the fourth... |
| House prices 'up 0.6% in January' UK house prices increased by 0.6% in January, according to the latest survey from the Halifax. The change means that the average cost of a house was 160,907 last... |
| Mitsubishi to close Europe plant Japanese car maker Mitsubishi Motors is to end production at its only plant in Western Europe. Production has fallen at Mitsubishi's car plant at Born in the Netherlands to just 50,000 cars, as... |
| Eurozone crisis live: Greece faces deadline over second bailout 7.45am: Good morning, and welcome to our rolling coverage of the eurozone financial crisis.Today is deadline day for Greece, which must tell the European Union whether it accepts the terms of its... |
| Micron chief Steve Appleton dies in plane crash Steve Appleton - the chief executive of Micron Technology, which makes products under the Lexar and Crucial brands - has died in the crash of an experimental plane he was piloting.The image that... |
| Use Rio+20 to overhaul idea of growth, urges EU climate chief The world must use a landmark environmental summit this year to change forever the current damaging model of economic growth, Europe's climate chief has warned, or face future crises as severe... |
| Monday Newspaper Review - Irish Business News and International Stories - - February 06, 2012 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... |
| FTSE, DAX, CAC Seen Flat to Lower; Greece Weighs ] . Shareholders in global miner Xstrata are set to receive 2.8 shares in commodities trader Glencore International, for each Xstrata share. In the US, President Barack Obama said in an interview... |
| Does BHP's CEO Kloppers Owe Investors a Beer? , said he would buy investors a beer if he announced plans to offload the company's struggling nickel operations. On Monday, Michael Langford, Proprietary Trader at StreamTrading.com, told CNBC,... |
| Swiss Banks to Outline Steps in US Tax Evasion Row GENEVA - Two of Switzerland's oldest banks will this week outline their response to growing U.S. pressure to give up tax-evading American customers and the bankers who helped... |
| Super Bowl Ads: Chevy, Chrysler Are Winners scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super... |
| Euro Shorts Running at All-Time Highs: Expert John Noonan, Senior FX Analyst, Thomson Reuters says the biggest reason the euro has been rising in the past few weeks is the repatriation of the currency by the region's... |
| Asian Stocks Advance as U.S. Jobs Data Boosts Economic Optimism Feb. 6 (Bloomberg) -- Asian stocks rose, with a regional benchmark index set to extend its longest streak of weekly advances since 2010, after U.S. unemployment unexpectedly fell, boosting the... |
| Britain Prepares for Worst as EU Struggles to End Euro Crisis Feb. 6 (Bloomberg) -- As a debt-crisis remedy eludes European leaders, Britain is readying its economic defenses amid warnings of "potentially cataclysmic" consequences for the country if... |
| Julius Baer Full-Year Profit Drops 27% After Franc Strengthens Feb. 6 (Bloomberg) -- Julius Baer Group Ltd., the Swiss wealth manager founded in 1890, said full-year profit declined 27 percent as the Swiss franc strengthened and it made a one- time tax-related... |
| Indonesia GDP Expands Fastest Since 1996 as Investment Gains Feb. 6 (Bloomberg) -- Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export... |
| Korean Teachers’ Union Plans to Buy London Office Building Feb. 2 (Bloomberg) -- The Korean Teachers’ Credit Union, with 20.9 trillion won ($18.5 billion) of assets, plans to buy a 12-story office building in London in the first half as declining... |
| Asian stocks rise, U.S. jobs gain outweighs Greece TOKYO (Reuters) - Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt... |
| Insight: Two firms flourish in frenzied MF Global aftermath NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains... |
| GM aims for 10 percent profit margin over next few years: report GM.N ) 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... |
| Mitsubishi Motors to stop making cars in western Europe 7211.T ) said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their... |
| Earnings Outlook: Cisco expected to show stability, strength SAN FRANCISCO (MarketWatch) -- Cisco Systems is expected to report gains in both sales and earnings for its second fiscal quarter on Wednesday, with analysts looking for signs of strength and... |
