World economy, China slowdown led to rates decision: RBA ABC Online, Australia - 11 minutes ago The Reserve Bank of Australia (RBA) says it cut interest rates earlier this month because of the worsening local and global economic situation. ...
UPDATE 2-Paulson: Regaining US economic health to take time Interactive Investor, UK - 4 minutes ago Summers said there was ample global demand for US debt securities now because investors worldwide are in search of safety. But, he said, "That's a situation ...
Citigroup to slash jobs Special Broadcasting Service, Australia - 3 minutes ago Citigroup's head office has said the global financial crisis and four consecutive quarters of heavy losses are forcing it to shrink its global workforce to ...
Administrator says ABC Learning owes $1.6bn Melbourne Herald Sun, Australia - 7 minutes ago The meeting was told there were two possible legal actions against the company - one by global financial services firm Morgan Stanley over misleading and ...
2008-11-18 Global Green to invest USD 200m for five Philippi... New Energy Matters (subscription), UK - 3 minutes ago UK-based Global Green Power is investing USD 200m for five biomass projects in the Philippines with 17.5MW of capacity each. Each project is expected to ...
NY Post Owner Upbeat About Future of Newspapers NBC Washington, DC - 11 minutes ago Global media magnate and New York Post owner Rupert Murdoch says doomsayers who are predicting the Internet will kill off newspapers are "misguided cynics" ...
Yahoo co-founder, chief Yang to step down TopNews, India - 6 minutes ago "Having set Yahoo on a new, more open path, the time is right for me to transition the CEO role and our global talent to a new leader," Yang said. ...
Japan Hot Stocks-Sumitomo, Tokyo Ichiban, banks, Mitsui Chem Forbes, NY - 2 minutes ago 'Investors find it hard to invest in the financial sector unless signs emerge that the global economy has started to improve,' said Kazuhiro Takahashi, ...
Executive Compensation's Role in the Financial Crisis Law.com (subscription), CA - 8 minutes ago At the heart of the financial crisis that has paralyzed global financial markets is a mystery: How could the masters of the world's most sophisticated banks ...
Malaysia awards 2 new Islamic fund licenses FXstreet.com The Foreign Exchange Market, Spain - 6 minutes ago "We have embarked on intensive strategies to establish Malaysia as a global centre for Islamic fund management activities," Deputy Prime Minister Najib ...
More grant requests on way for R&D park LimaOhio.com, OH - 7 minutes ago ... industrial and research-related uses of the multiple pipelines planned for the site coming from Global Energy's planned Lima Energy power plant. ...
Global Currencies: In the shadow of bears Commodity Online, India - 4 minutes ago The December Euro currency closed down 121 points at 1.2657 today. Prices closed nearer the session high. Bears still have the overall near-term technical ...
Yahoo replacing CEO Jerry Yang Brisbane Times, Australia - 9 minutes ago "From founding this company to guiding its growth into a trusted global brand that is indispensible to millions of people, I have always sought to do what ...
Toads killing off crocs Herald Sun, Australia - 11 minutes ago Increasing demands on freshwater resources and global warming also posed a threat to the freshwater crocodile population, he said.
Citigroup's cost cuts may not bring 09 profit Alibaba News Channel, NEW YORK - 10 minutes ago The bank said earlier Monday it expects to shed 52000 jobs by early 2009 to cut costs as global economies slow. But if the company's credit losses are big ...