 Wall Street shivers over Indian rate hikeU.S. stocks closed in the red on Friday. For the Dow Jones it was the first time in 9... | |
 Century old Bank of Hiawassee shutteredThe FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of... |
 10 branches of Appalachian Community Bank closeAppalachian Community Bank with $1.01 billion in assets has been unable to stay... |
 State Bank of Aurora in Minnesota founded in 1906 is shut downThe bank which first opened its doors on January 1st 1906, closed for the last time on March 19th... |
 Merchandising a growing source of revenue for airlinesAirlines across the globe are looking for new ways to enhance revenue... |
 First bank failure of year for AlabamaThe FDIC will lose $38.3 million as a result of the bank's... |
 Advanta Bank in Utah with $1.5 billion in deposits closesThe FDIC has taken charge of the Advanta Bank Corp., in Draper,... |
 Hong Kong rental market improves as supply contractsRents are up in Hong Kong as the number of new properties coming on to the market... |
 Century Security Bank one of 3 Georgia banks terminatedThe FDIC has been named receiver of the failed... |
 Ohio loses American National Bank of ParmaThe National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National... |
 Gordon Brown says BA strike unecessaryThe UK Prime Minister has put pressure on British Airways cabin crew to call off a series of... |
 Surge in electric vehicle sales in USThe biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this... |
| Obama Says Financial Reform Necessary To Protect Consumers And Keep Banks Healthy WASHINGTON - President Barack Obama said Saturday that Congress needs to enact comprehensive financial reforms to protect consumers, keep banks strong and ensure the U.S. economy doesn't sink into... |
| Police: Arrest Made In 'bias Incident' At Southern New Jersey Walmart WASHINGTON TOWNSHIP, N.J. - Police say they have made an arrest in the case of a racial comment being made over the public-address system at a Walmart store in southern New Jersey. The Washington... |
| Obama Calls On Congress To Pass Finance Reform President Barack Obama delivers remarks on health insurance reform during his event at George Mason University in Fairfax, Va., Friday, March 19, 2010. (AP Photo/Pablo Martinez... |
| British Airways Cabin Crew Strike Begins British Airways cabin crew today began three days of strike action which will cause severe disruption for tens of thousands of the airline's passengers.Last-ditch talks between BA and the Unite... |
| Ovl-led Group's $2bn Venezuela Plan Gets Nod NEW DELHI: The Cabinet on Friday approved an ONGC Videsh-led Indian consortium to invest over $2 billion in an oilfield they last month won in Venezuela and cleared award of 33 exploration ... |
| Obama Urges Senators To Support Financial Reform President Barack Obama delivers remarks on health insurance reform at George Mason University's Patriot Center in Fairfax, Virginia, March 19,... |
| India Unexpectedly Hikes Rates A Quarter Point India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound. The bank... |
| Tories: We'll Claw Back Billions From Banks David Cameron has committed the Tories to a new tax on banks as both main parties battle to convince voters they would claw back billions from taxpayer-funded bailouts. The Opposition leader... |
| India's Central Bank Unexpectedly Hikes Key Interest Rates A Quarter Point On Inflation Fears MUMBAI, India - India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound.... |
| Canon Stake In Oce Hiked To 84 Pct After Tender Offer ) in copiers and printers, announced its plan last November to buy Oce for 730 million euros to strengthen its product lineup and broaden distribution... |
| Gcc Corporate Earnings Decline 5% In 2009 Aggregate earnings of Gulf Cooperation Council (GCC) companies declined for the second year in row on correction in real estate prices and higher credit provisioning by banks, says a research... |
| Train Chaos Threat As Workers Vote For Strike Train passengers could face travel chaos over Easter after signal workers voted to hold the first national rail strike in 16 years. The Rail Maritime and Transport (RMT) union said 54% of its... |
| Warning: Housing Shortage At 'crisis Point' The UK housing shortage is at crisis point - with building work at its lowest level since World War Two despite a need for a million extra homes, it is claimed. A report by the Home Builders... |
| Black Horse Leaps As Lloyds Predicts Profit British taxpayers received welcome news for their share portfolio as Lloyds Banking Group flagged a return to profit this year. The part-nationalised bank said bad debts were falling faster than it... |
| Microsoft Unveils Plans For Internet Explorer 9 Microsoft has announced a recent cenoference for developers in Las Vegas its plans for the next version of its Internet Explorer browser, The Washington Post has reported. The Internet Explorer 9 is... |
| Microsoft-rival Opera Says Browser Downloads Double BRUSSELS -- Norway's Opera said Thursday that downloads of its browser more than doubled after Microsoft Corp. was forced to give European users a choice of Web software to settle European Union... |
| Hewlett Packard Settles Patent Violation Cases With Importers PALO ALTO, California -- Hewlett Packard Co. said Thursday that it has reached a settlement with three companies that have been accused of infringing on the printer company's patents for ink... |
| Thousands Of Ba Flights Canceled As Crew On Strike LONDON - British Airways is scrambling to deal with the start of a three-day strike by its cabin crew on Saturday that has thrown the plans of thousands of travelers into... |
| Crtc To Rule Next Week In Battle Over Tv Carriage Fees The television business is no longer a game reserved for millionaire media moguls. Consider that a station in western Michigan is being sold right now for US$550,000. On eBay. As the tired but... |
| Tsx Posts First Weekly Loss This Month Canada's benchmark stock index posted its first weekly loss of the month Friday, and its lowest close in eight sessions, as commodity prices fell against a strengthening U.S. dollar. The S&P/TSX... |
| Icahn Aims To Oust Lions Gate Board With Hostile Bid NEW YORK – Carl Icahn swooped in with a hostile bid for Lions Gate Entertainment Corp. Friday, a week after the Vancouver-born movie studio blocked the corporate raider's attempt to take a smaller... |
| March Data Sends Economists Back To Drawing Board A week of stronger-than-expected economic data this March has economists wondering whether or not they have underestimated the strength of Canada's... |
| Inflation Surprise Spurs Rate Speculation OTTAWA -- Inflation data for February came in much stronger than expected, Statistics Canada reported Friday, with the key core rate -- watched closely by the Bank of Canada -- posting a surge beyond... |
| British Airways Cabin Crew To Strike After Talks Fail A British Airways strike, which is likely to disrupt travel plans for thousands, presents a major headache for the ruling Labour party weeks before a general election because Unite is its biggest... |
| Google May Announce China Plans Next Monday: Report A man walks past the Google logo in front of its China headquarters building in Beijing. The search engine giant is set to make an announcement on its plans in China next... |
| Peter Foster: Crea's Multiple Coffer Service Spring is in the air and the for-sale signs are multiplying. But is that a government-promoted housing bubble on the horizon? One thing seems certain: prices are likely to fall before lofty real... |
| Barrick Gold Ipo To Raise Us$834-million Barrick Gold Corp. announced it will raise about US$834-million from the initial public offering of its African subsidiary. The new company, called African Barrick Gold PLC, will start trading on... |
| Cn Reaches Contract Agreement With Engineers Canadian National Railway Co. announced the terms of a new three-year collective agreement with 1,700 of its engineers Friday that was reached under federal arbitration. The engineers, who are... |
| China Tries To Cool Yuan Dispute With U.s. BEIJING -- China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle... |
| Stock Futures Signal Mixed Open; Palm Eyed Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET). ... |
| Agnico-eagle Mines To Receive Financing To Pay Down Debt Canadian gold producer Agnico-Eagle Mines Ltd. said Friday it will make a private placement worth $600-million in unsecured notes, used to pay down existing debt. The company said in a release... |
| Tiger's Return Gives At&t Unexpected Boost Tiger Woods's return to golf at the Masters Tournament will give sponsors such as AT&T Inc. an unexpected boost from their ad dollars, lifting the value of their TV spots by 43%, according to a... |
| Banks Lift Stocks; Greece Woes Dent Euro LONDON -- European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar. ... |
| Globalive Ceo Expects Bank Talks To Conclude In Coming Weeks Globalive Communications Corp., a Canadian wireless carrier backed by Egyptian billionaire Naguib Sawiris, said talks with banks to raise money for expansion should wrap up in coming weeks. "We're... |
| Tsx, Loonie Retreat As Commodity Prices Fall Canada's benchmark stock index fell Thursday for the first time in two days and the loonie's advance to parity with the U.S. dollar was checked as the greenback gained strength over concerns about... |
| Consumer Price Index Report Could Push The Canadian Dollar Past Parity Count the loonie among those with inflation anxiety. So much so that any surprise in Friday's consumer price index report could push the Canadian dollar past the parity threshold. Months before the... |
| Oil Prices Fall, Loonie Follows The dollar closed at 98.65 cents US, following advances in all but one of the previous 14 sessions. On Wednesday, the loonie ended at 98.98 cents US, after posting an intraday high of 99.31 cents... |
