Business and Finance NewsIMF cautions China to be ready with stimulus package
Caribbean News.Net
NEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per ...
Debut of Bristol pound set for May 21
Caribbean News.Net
BRISTOL - Hundreds of traders and business establishments have signed up for Bristol's own currency to be launched May 21, with the backing of the Bristol Credit Union, a bank run as a ...
IMF cautions China to be ready with stimulus package
Caribbean News.Net
NEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per ...
Greek PM to resume talks on rescue plan
Caribbean News.Net
ATHENS - Greek Prime Minister Lucas Papademos has said he would continue intense talks with his coalition partners on austerity measures for a 130 billion-euro EU bailout plan second for ...
China asks airlines not to enter into EU carbon scheme
Caribbean News.Net
BEIJING - China's Monday asked its airlines not to pay a charge on carbon emissions imposed by the European Union (EU).
The authorities also asked the airlines not to hike freight or add other ...
1,000 more jobs go at Lloyds Bank
IC Wales
Lloyds Banking Group is to axe almost 1,000 jobs and close three offices in a "devastating" blow to workers, one of the staff unions has said. Accord said sites in Romford, Newcastle upon ...
Coca-Cola Income Drops in Fourth Quarter
The Ledger
ATLANTA | Coca-Cola Co.’s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and a difficult comparison with last year’s fourth quarter, when the ...
Coca-Cola profit drops, but results top forecasts
The Globe And Mail
A visitor drinks a bottle of Coca-Cola during a media tour at PT Coca-Cola Amatil Indonesia's factory in Cibitung, Indonesia's West Java province in this February 24, 2011 file ...
Wal-Mart Canada unveils plan to take on rivals
The Globe And Mail
Wal-Mart Canada, which already operates 333 stores in the country, plans to add 4.6 million square feet of retail space to its operations in the next one year, the company said in a statement on ...
Citigroup to launch credit cards in China
RTE
Citigroup said it has won permission to issue credit cards in China, a first for a foreign bank amid complaints regulators largely shut out overseas competitors from tapping the massive market. The ...
Coca-Cola adjusted 4Q results beat Street
Miami Herald
FILE - In this Aug. 8, 2011 file photo, cases of Coca-Cola are seen on a counter at a local store in West Bath, Maine, in this photo illustration. Coca-Cola Co.'s fourth-quarter net income ...
ArcelorMittal reports USD1.71b earnings in Q4
MENAFN
(MENAFN) Luxemburg-based ArcelorMittal posted the lowest quarterly profits in two years as slowing economies in China and Europe sapped demand for steel, leading to lower prices, Bloomberg ...
Lloyds to axe 990 jobs
IOL
Lloyds Banking Group announced 990 job cuts on Tuesday, which the part-nationalised British bank said formed part of last year's broader plans to axe 15,000 jobs across the ...
Almost 1,000 more jobs to go at Lloyds bank
The Independent
Accord said sites in Romford, Newcastle upon Tyne and Scunthorpe will close, with the loss of almost 1,000 posts. The union said more than 30,000 jobs had now been lost over the past three years at ...
Greek impasse raise fears of 'Grexit'
Guardian
Citigroup's Willem Buiter has coined the term 'Grexit' as his bank raises the likelihood of a Greek exit from the eurozone. Photograph: Martin Argles for the ...
Swaledale cheesemaker is found dead
Guardian
Swaledale Cheese Company with her husband David from 1987 and continued as managing director after his death aged 46 from a heart attack in 2005. The firm's distinctive cheeses have won many ...
Why we need more banker bashing | Sunny Hundal
Guardian
I have a confession to make: I wanted to be a banker once. While arming myself with a degree in economics, I dreamed of working at an investment bank arranging mergers and acquisitions. The growing ...
Tesco trials new packaging to reduce food waste
The Guardian
waste .It will become the first retailer to see how the packaging performs in prolonging the freshness of tomatoes and avocados - produce that triggers the highest wastage in the food industry. ...
TalkTalk loses another 50,000 customers
Guardian
TalkTalk has reported a fifth consecutive quarter of customer defections, with 50,000 lost in the three months to the end of December as the company continues to trail larger ...
Coca-Cola Earnings Top Estimates; Shares Climb
CNBC
] added 62 cents to $68.65 in Tuesday pre-market trading. Coca-Cola, whose brands include Sprite and Minute Maid, earned $1.65 billion, or 72 cents per share, for the period ended Dec. 31. ...
Watchdogs to Drag Shadow Banks Into the Light
CNBC
Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the ...
Facebook Governance a Concern for Pension Fund
CNBC
Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest US ...
Is Inflation Stickier Than Central Banks Admit?
CNBC
Chris Watling, CEO of Longview Economics, told CNBC, "our view is that inflation is much stickier than the central banks would like to admit and so we are clearly going to get some easing in ...
New SEC Rules for Money-Market Funds: Report
CNBC
(Reuters) - The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on ...
Coca-Cola adjusted 4Q results beat Street
The Seattle Times
Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had ...
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