Financial News
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Buffett and Gates on Chinese charity mission
(FT)09-03-10 Having persuaded many of their billionaire peers in the US into giving away chunks of money, Bill Gates and Warren Buffett are travelling to China to host newly minted Chinese tycoons to sell them on the value of philanthropy
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Surprise Tax Cut Could Be on the Cards: Niall Ferguson
(CNBC)09-03-10 Congress and the White House may throw a curveball and roll out a tax cut ahead of the midterm elections rather than boost stimulus spending to aid the struggling economy, Harvard University History and Business Professor Niall Ferguson told CNBC Friday
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BP says oil spill cost up to $8bn
(BBC)09-03-10 BP says the cost of its Gulf of Mexico oil spill has risen to $8bn (£5.2bn) - a rise of more than $2bn in the last month alone
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US sees 54,000 jobs lost in August
(BBC)09-03-10 The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures have shown
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UN calls meeting on food price concerns
(BBC)09-03-10 The United Nations' food agency has called a special meeting of policy makers to discuss the recent rise in global food prices
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Stocks rise on economic hopes ahead of payrolls
(Reuters) 9-2-10– Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures.
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Chinese demand helps lift Pernod Ricard profits
(AP) -9-2-10- Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit
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Bernanke testifying to crisis inquiry panel
(AP) -9-2-10- Federal Reserve Chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the
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Stock futures fluctuate ahead of jobs reports
(AP) -9-2-10- Stock futures fluctuated in a narrow range Thursday, a day after investors sent stocks surging to start the new month.
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Retailers report sales gains for August
(AP) -9-2-10- Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying
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Google offers free voice calls via Gmail
(BBC)08-25-10 Google is taking on internet telephone companies like Skype by allowing users to call from its free web-based email service
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Japanese Stocks Fall on Concern Economic Growth Is Slowing; Toyota Drops
(Bloomberg) 8-16-10 - Japanese stocks fell, sending the Nikkei 225 Stock Average to its lowest level since November, on concern the economy is slowing.
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Productivity Slides as Labor Costs Grow, Economy Slows
(CNBC)08-10-10 U.S. non-farm productivity declined for the first time in 1-1/2 years during the second quarter this year and labor costs barely edged up, according to a Labor Department report on Tuesday that underlined a slowing pace of economic recovery
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Unite's Derek Simpson plays down strikes threat
(BBC)08-09-10 Union leader Derek Simpson has played down the prospect of widespread strike action by unions this autumn
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