Gold jumps after Spain's downgrade GOLD rose to its highest levels since early December after another European nation saw its sovereign credit rating downgraded. Investors sought out assets that would retain value amid the market turmoil. The most actively traded gold contract, for June delivery, ended up 0.8 per cent, or $US9.60, at $US1171.80 an [...]
Unison general secretary Dave Prentis Thousands of female council workers have won an equal pay case which could lead to payouts worth millions of pounds, unions announced today. Unison and the GMB said an employment tribunal in Birmingham found in favour of female workers employed by the city council, who complained of being excluded from [...]
By Dylan Lobo of CitywirePublished: 4:40PM BST 27 Apr 2010 William Littlewood: ‘In the short term there are a lot of arguments that markets will fall’ Mr Littlewood’s Artemis Strategic Assets fund now has 25pc in cash. He believes there could be a number of catalysts for this equity reversal including inflation, rises in interest [...]
Get Quote Symbol Lookup More Business Improvement in chip divisions boosts profit at TI 04.26.10 Earnings Preview: AOL Inc. 04.26.10 Transportation head praises Conn. for rail project 04.26.10 Summary Box: Fed wants to strengthen recovery 04.26.10 Due to arrive today SHIP FROM PORT Hoechst Express Los Angeles OAK New Creation Muroran, Japan SCK Pacific Link [...]
By Rosie Murray-West.Published: 6:00AM BST 28 Apr 2010 The FSA said that it had found problems at five banking groups, and that two had been referred for further investigation by its enforcement team, while a further five are undertaking major changes in the way they deal with complaints. “There is clearly evidence of unacceptable standards [...]
US Republican senators have blocked moves to start debating a bill to introduce the most significant reforms to financial regulations for 60 years. Needing 60 votes in the 100-seat Senate to begin debating the bill, Democratic leaders fell three votes short. Democratic Senator Ben Nelson joined 39 Republicans in voting against it. Republicans say the [...]
“The pricing just gets crazy. You’re almost worth more before you’ve proven out your model. That’s usually one of the early indicators of a bubble.” — Pete Bodine, Managing Director, Allegis Capital. View Larger Image More Technology Protecting Internet freedom and privacy 04.25.10 Breakthrough renews focus on hydrogen cars 04.25.10 Palm may be forced out [...]
By Rachel CooperPublished: 9:33PM BST 24 Apr 2010 Emerging markets are the fresh battleground for pharmaceutical companies as Western drug sales stall and last month AstraZeneca revealed its strategy to increase sales in this arena, including providing more detail on revenue in the markets. Britain’s second-biggest drugmaker is targeting double-digit growth in emerging economies and [...]
Kim White / Bloomberg Get Quote Symbol Lookup More Business Mortgage holders seek relief at Wells' event 04.27.10 Court OKs women's bias suit against Wal-Mart 04.27.10 Ship traffic for Tuesday, April 27, 2010 04.27.10 GM repays federal loan with government money 04.27.10 (04-26) 16:54 PDT — More than 120 million people play Zynga’s online games. [...]
By James Quinn, US Business EditorPublished: 9:07PM BST 26 Apr 2010 Goldman chief executive Lloyd Blankfein In Goldman’s first public admission that the bank needs to take public opinion into account when making business decisions, he will tell senior US politicians on Tuesday: “We have to do a better job of striking the balance between [...]