Business and Finance News
- Record price for oil brings in speculators
Thailand News.Net
Oil jumped to a record above US$126 a barrel at the weekend, extending gains to more than 11 per cent since the start of the month on fuel supply concerns and a rush of speculator buying.
- Nigerian president warns that oil developers will flee
Thailand News.Net
President Umaru Musa Yar'Adua of Nigeria has visited the town of Yenagoa in the Niger Delta region.
- New man at the helm of Fiat
Thailand News.Net
In Italy, it has been announced that John Elkann will become the new head of Fiat, at the age of 32.
- Real estate plan for new Abu Dhabi stock exchange
Thailand News.Net
A new multi-billion dirham real estate development has been announced for Sowwah Island in Abu Dhabi.
- Egyptian finance companies consumed by Global
Thailand News.Net
Cairo based companies, Egypt Capital Trust and Misr International Securities have been taken over by leading international investment firm Global Investment House.
- British Airways on the lookout for new blood
Thailand News.Net
British Airways has ignited fresh speculation over the continuing role of Willie Walsh, the airline's chief executive.
- Venezuela and China in new oil venture
Thailand News.Net
Venezuela and China have signed deals for a joint venture to produce oil in Venezuela's Orinoco area to supply a new 400,000-barrel-a-day refinery that will be built in China.
- Overseas funds help build Qatar desalination plant
Thailand News.Net
Gas-rich Qatar has signed deals to build a US$3.8 billion-dollar desalination and power plant.
- Australian budget will penalise the rich
Thailand News.Net
Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury cars.
- Pollo Campero opens franchise in US Wal-Mart store
Seattle Post-Intelligencer
Pollo Campero, a Latin American fried chicken...
- Cablevision close to getting Newsday
San Diego Union-Tribune
NEW YORK – Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. The deal...
- 2 Long Island women of moms
Newsday
Working moms Stacey Smith of St. James and Linda Shapiro of Kings Park figured out a way for entrepreneurial mothers to continue working without having to sacrifice family or career. Tuesday, the...
- Energy Firm Warns Of Even Bigger Bills To Come
Sky News
Centrica says British Gas has lost 100,000 customers since January, the number having fallen from around 16 million to 15.9 million.There are several reasons why wholesale energy prices have risen so...
- San Miguel brewery unit gains 6 percent on debut
Reuters
Research ), the crown jewel of Southeast Asia's biggest food and drinks conglomerate, rose over 6 percent on its debut on Monday after its parent shrank its IPO price range and halved the number of...
- Firms Urged To Use Lie Detectors To Cut
Sky News
The technology works by identifying changes in a caller's voice which may indicate they are not telling the truth.Lawrence Knowles, managing director of software and outsourcing firm Midland HR, told...
- HSBC says first-quarter profit up, bad debts jump
Reuters
Europe's biggest bank HSBC Holdings said its profit in the first quarter was ahead of a year earlier as growth in Asia and elsewhere helped counter another big hit for bad debts on...
- Renault-Nissan, Bajaj to form low-cost car venture
Reuters
Renault-Nissan and Indian carmaker Bajaj Auto said on Monday they would form a joint venture company to develop a low-cost car model with a wholesale price range starting from...
- Aceto reports record sales
Newsday
Aceto Corp. , the Lake Success-based biochemical distribution company, reported record quarterly sales and earnings that rose 83 percent from its net income for the same period last year. Aceto...
- Multi-Systems Fueled with Microsoft Innovation Center Technology
Hospitality Newswire
2008. Microsoft Certified Partner Multi-Systems, Inc. provides the hospitality industry with a range of integrated technology solutions, including sales, marketing, and catering systems;...
- Tesco Beats High Street Rivals
Sky News
Tesco dominates the market The brand was valued at £8.6bn this year, while Sainsbury's, at £4.9bn, beat other "big four" supermarkets Asda and Morrisons into fourth and fifth places...
- Food prices drive China inflation
BBC
China's consumer price inflation stood close to a 12-year high in April, official figures showed, as the cost of food continued to take its toll. Annual inflation rose to 8.5% from 8.3% in March -...
- British Gas owner warns on profit
BBC
Centrica, the owner of British Gas, has warned that profits will be squeezed by soaring gas and power prices and hinted that fuel bills could rise again. It said that wholesale gas and electricity...
- Equity Earnings Grow By 81 Percent in First Quarter
All Africa
A fortnight after Kenya's Equity Bank announced plans to acquire Uganda's largest lender, Uganda Microfinance Ltd, the bank has reported that earnings for for the first quarter of 2008, grew by 81...
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