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by rushabh

EU says China may become its biggest market this year

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

BEIJING: The EU ambassador to China said Monday the Asian powerhouse could become Europe's biggest export market this year, overtaking the United States, as Beijing boosts domestic demand.

by rushabh

Insight: Two firms flourish in frenzied MF Global aftermath (Reuters)

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoNEW YORK, Feb. 6, 2012 (Reuters) -- The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business. ... read full story


by rushabh

GM aims for 10 percent profit margin over next few years: report (Reuters)

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photo, Feb. 6, 2012 (Reuters) -- General Motors <GM.N> aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview. ... read full story


by rushabh

Resilient Chevy, Chrysler ads win at Super Bowl (Reuters)

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

LOS ANGELES, Feb. 6, 2012 (Reuters) -- General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl. ... read full story

by rushabh

China Bars Its Airlines From Paying EU Carbon Tax

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.

by rushabh

Indonesia posts 6.5% GDP growth in 2011

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

JAKARTA: Indonesia's gross domestic product grew by 6.5 percent in 2011 on the back of strong household consumption and private investment, a government official said Monday.

by rushabh

Boeing faces new problem with Dreamliner

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

WASHINGTON: US aircraft manufacturer Boeing has discovered a manufacturing error causing delamination in a fuselage section of some 787 Dreamliners, The Seattle Times reported.

by rushabh

Asian markets rise on strong US jobs data

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

HONG KONG: Asian shares rose Monday, tracking gains on Wall Street after strong US jobs data but worries about Greece's unresolved debt crisis -- and default fears -- weighed on markets and the euro.

by rushabh

Oil prices mixed in Asian trade

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

SINGAPORE: Crude prices were mixed in Asian trade Monday as traders weighed possible supply disruptions in the Middle East and Africa, and the unresolved debt crisis in Greece, analysts said.

by rushabh

Qantas chief slams ‘pro-Australia’ laws

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

SYDNEY: Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed "grave fears" for its future if proposed laws strengthening its ties to Australia went ahead.

by rushabh

Media Decoder: Streaming Music at Spin

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

An overhaul for Spin.com includes plans for a streaming music player, nine new blogs and Web-only content like news and album reviews.

by rushabh

Media Decoder: Now, a Trailer for a Magazine Article

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The videos were conceived by Esquire magazine to promote an article in the March issue about the mass killing of exotic animals last fall in Zanesville, Ohio.

by rushabh

Mitsubishi to end European production: reports

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

TOKYO: Japan's Mitsubishi Motors is to stop manufacturing automobiles in Europe by around 2013 as it shifts its focus to emerging markets, reports said Monday.

by rushabh

Mitsubishi to end European production

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

TOKYO: Japan's Mitsubishi Motors said Monday it would stop manufacturing automobiles in Europe by the end of 2012, blaming a difficult operating environment in the debt-hit continent.

by rushabh

Samsung: ‘Thing Called Love’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Samsung's "Thing Called Love' Super Bowl XLVI Ad.


by rushabh

Budweiser: ‘Rescue Dog’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Budweiser's "Rescue Dog" Super Bowl XLVI Ad.


by rushabh

Chrysler: ‘Seduction’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Chrysler's "Seduction" Super Bowl XLVI Ad.


by rushabh

Chrysler: ‘Halftime in America’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Chrysler's "Halftime in America" Super Bowl XLVI Ad.


by rushabh

As Facebook grows up, it courts Madison Avenue (Reuters)

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photo, Feb. 5, 2012 (Reuters) -- About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp. ... read full story


by rushabh

China bans airlines from paying EU carbon charges

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

BEIJING: China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

by rushabh

China bars airlines from joining EU emissions scheme

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

BEIJING: China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

by rushabh

Hulu: ‘Hulu Lab’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Hulu's 'Hulu Lab' Super Bowl XLVI Ad.


by rushabh

Doritos: ‘Sling Baby’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

In this Super Bowl spot for Doritos, a grandma who has figured out a clever strategy for stealing a bag of chips.


by rushabh

TaxAct: ‘Federal Return’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch TaxAct's "Federal Return" Super Bowl XLVI Ad.


by rushabh

G3 DCM Bookrunner Ranking (Asia ex Japan): 12 months rolling

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

by rushabh

Opinion: India’s 2G resolution hinders more than helps

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The Supreme Court’s decision to revoke 122 mobile licenses is a bold move but not the right one. It will further erode confidence in India’s ability to manage corruption.

by rushabh

Budweiser: ‘Return of the King’ Ad

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Budweiser's 'Return of the King' Super Bowl XLVI Ad.


by rushabh

Japan’s Samurai market: still no love for Europe

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Japan’s Samurai bond market has seen a revival in issuance in the early weeks of 2012, but while many borrowers take advantage of a market with strong investor demand, it remains closed to eurozone players.

by rushabh

RBA to cut rates by 25bp on Tuesday

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The Reserve Bank of Australia is forecast to cut its policy rate for a third consecutive meeting held on February 7 as inflation eases, employment growth slows and fears over a European recession grows, say analysts.

by rushabh

Lower US dollar liquidity will increase domestic and dim sum issuance

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Asian corporates will increasingly turn to domestic bond markets and dim sum offerings to meet their funding needs this year due to the tighter liquidity offshore, though US dollar funding will remain a key tool for larger borrowers, say analysts.

by rushabh

South Asia companies to withstand global slowdown: S&P

February 6, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Most corporates in South Asia will be able to withstand current economic pressures without any rating downgrades despite slowing demand and heightened country risk, believes the ratings agency.

by rushabh

M&M: ‘Just My Shell’ Ad

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch M&M's "Just My Shell" Super Bowl XLVI Ad.


by rushabh

Best Buy: ‘Innovators’ Ad

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Best Buy's 'Innovators' Super Bowl XLVI Ad.


by rushabh

CommVault says will go it alone, despite M&A buzz (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

NEW YORK, Feb. 5, 2012 (Reuters) -- CommVault Systems Inc has managed to skirt rampant consolidation in the fast-growing storage software market, and CEO Bob Hammer is planning to keep it that way. ... read full story

by rushabh

GM, Ford feud over Super Bowl ad (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoLAS VEGAS, Feb. 5, 2012 (Reuters) -- A simmering feud between General Motors Co and Ford Motor Co heated up on Sunday as Ford objected to GM's Super Bowl advertisement for its Chevy Silverado pickup truck. ... read full story


by rushabh

Local firms vie for Yum’s slice of China market (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBEIJING, Feb. 5, 2012 (Reuters) -- Four floors up overlooking the bustle of the cavernous Joy City Mall in Beijing, diners take a break from shopping to slurp noodles and nibble on dumplings at an Ajisen restaurant. ... read full story


by rushabh

Greece forces overtime in critical debt talks

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

ATHENS: Greece on Sunday insisted on extending critical talks on a debt rescue into Monday, as the government's coalition backers denounced pressure from public creditors to pass harsher austerity measures.

by rushabh

Merger fails, but D.Boerse CEO says allies a must (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoFRANKFURT, Feb. 5, 2012 (Reuters) -- D.Boerse CEO eyes new allies as NYSE deal crumbles Deutsche Boerse <DB1Gn.DE> does not believe it can survive in the long term without a new partner despite the collapse of its proposed $7.4 billion merger with NYSE Euronext <NYX.N>, its chief executive told a German newspaper. ... read full story


by rushabh

Boeing to correct 787 Dreamliner fuselage issue (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photo, Feb. 5, 2012 (Reuters) -- Boeing <BA.N> has discovered a problem related to the aft fuselage of its 787 Dreamliner planes and is making repairs that will not affect production of the aircraft, the company said in an emailed statement on Sunday. ... read full story


by rushabh

Seeking Higher Income in Munis

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

OppenheimerFunds portfolio manager Daniel Loughran explains to WSJ's Karen Damato how muni funds can offer a bigger payout than what Treasurys and some other bonds are providing, despite some risks.


by rushabh

Greece Fights on Two Fronts to Secure New Bailout

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Greece’s efforts to secure a second, €130 billion international bailout and avoid a default next month stalled on Sunday.

by rushabh

Europe’s shadow darkens outlook (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoWASHINGTON, Feb. 5, 2012 (Reuters) -- A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report. ... read full story


by rushabh

Former Ikea CEO on the Key to Success

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The former Ikea CEO, Anders Dahlvig, says it is possible to combine financial success and shareholder demand with the broader objective of contributing to a better society. He speaks to Dow Jones's Andrea Hotter.


by rushabh

PM Wen says Europe stability in China’s interests

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

BEIJING: China's Premier Wen Jiabao said a stable Europe was key to stability at home, in comments published on Sunday, at the end of a week that saw Germany's chancellor visit Beijing.

by rushabh

With sparse data, focus returns to Europe (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoNEW YORK, Feb. 5, 2012 (Reuters) -- Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction. ... read full story


by rushabh

ET, the new alien scaring global markets (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

, Feb. 5, 2012 (Reuters) -- The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop. ... read full story

by rushabh

Glencore, Xstrata hammering out final deal details (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoCAPE TOWN/LONDON, Feb. 5, 2012 (Reuters) -- Top executives at trader Glencore <GLEN.L> and miner Xstrata <XTA.L> are hammering out the final details of an $80 billion tie-up to seal the industry's largest ever takeover, which could be announced as early as Tuesday. ... read full story


by rushabh

Euro zone insists no Greek rescue without reforms (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBRUSSELS, Feb. 5, 2012 (Reuters) -- Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF. ... read full story


by rushabh

Raw Data: Austrian Law Student Faces Down Facebook

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Max Schrems's crusade against the information collected by the social network has become a cause célèbre in parts of Europe, looming over the company as it prepares to go public.

by rushabh

France says Greek PSI talks going "relatively well" (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

PARIS, Feb. 5, 2012 (Reuters) -- France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult. ... read full story

by rushabh

Wen says China has stake in helping Europe (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBEIJING, Feb. 5, 2012 (Reuters) -- China has a stake in helping the euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as an export market and as a source of technology. ... read full story


by rushabh

Greek Talks at a Delicate Point, Official Says

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The Greek finance minister said that debt talks on a second rescue deal were “on a razor’s edge,” with major issues unresolved ahead of a crucial deadline on Sunday.

by rushabh

Olympus to hold shareholder meeting on April 20 (Reuters)

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoTOKYO, Feb. 5, 2012 (Reuters) -- Japan's troubled Olympus Corp said on Sunday it will hold an extraordinary shareholders meeting on April 20, when it is expected to seek approval of a new management team. ... read full story


by rushabh

ECB to bide its time on rates this week: analysts

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

FRANKFURT: The European Central Bank, after two rate cuts and a series of unprecedented liquidity measures, will hold its fire this month, as it assesses the impact of those previous measures, analysts say.

by rushabh

Off the Shelf: ‘Strings Attached’ Looks at Incentives and Ethics — Review

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Everywhere we turn, we’re being offered incentives to act a certain way. A new book ponders the ethical issues of the incentive culture.

by rushabh

Mortgage Tornado Warning, Unheeded

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.

by rushabh

Sheryl Sandberg of Facebook, Staying on Message

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Sheryl Sandberg, Facebook’s No. 2 executive, considers herself a role model for women. But her call isn’t simply about mentoring and empowering; it’s also a business strategy.

by rushabh

Letters: Letters: Something Lost, and Gained

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

A reader responds to “Higher Taxes Help the Wealthy, Too” (Economic View, Jan. 29).

by rushabh

Sanctions-hit Iran turns increasingly to Asia

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

TEHRAN: Grappling with US and EU sanctions that have become progressively tougher over the past 18 months, Iran is increasingly turning to Asia -- in particular to China, now its top trading partner.

by rushabh

With job spurt, US economy races ahead of Europe

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

WASHINGTON: The latest surge in US job creation suggests the world's biggest economy is gathering momentum -- in contrast with the recession taking hold in parts of Europe.

by rushabh

China snubs debt in European spending spree

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

BEIJING: Chinese companies and funds have ramped up investment in crisis-hit Europe, buying utilities, energy firms and even luxury yacht makers, but are steering clear of eurozone debt.

by rushabh

Editorial | State of Play: Perpetual War: Digital Pirates and Creators

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Stopping digital piracy, which is growing by leaps and bounds, is about protecting creativity — and jobs.

by rushabh

Preoccupations: Disabilities Can Be Workplace Assets

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

In the job market, people with disabilities bring vast experience in coping and adapting — qualities that help them become valuable employees.

by rushabh

Economic View: Do Manufacturers Need Special Treatment? – Economic View

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Government manufacturing policies must go beyond the belief that it’s better to produce “real things” than services. People value health care and haircuts as much as washing machines and hair dryers.

by rushabh

Editorial: An Easier Path to Refinancing

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

President Obama’s new mortgage refinancing plan could provide considerable relief for millions of homeowners shackled to high interest rates, if Congress approves it.

by rushabh

The Boss: Berner International’s Chief Found Consolation Via Work

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

After her first husband died in a plane crash, the writer stepped in to run his company. “Focusing on the job,” she says, “was a lifesaver for me.”

by rushabh

Letters: Letters: The Bookstore’s Place in an Electronic Future

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Readers respond to “The Bookstore’s Last Stand” (Jan. 29).

by rushabh

Strategies: I.P.O. Euphoria, Without Much Memory — Strategies

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Amid the Wall Street excitement over Facebook’s planned initial public offering, it may be a good time to take a look at I.P.O. history.

by rushabh

Digital Domain: On HealthTap, Advice for You and Points for Doctors

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

On HealthTap, an interactive Web site, users can ask for medical advice, and doctors can gain whimsical “awards” for their answers.

by rushabh

Slipstream: Employers and Brands Use Gaming to Gauge Engagement

February 5, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

More companies are turning to gamification — offering games that let their customers win points for certain activities — as a way to build both loyalty and a trove of data.

by rushabh

Euro zone loses patience with Greece (Reuters)

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBRUSSELS, Feb. 4, 2012 (Reuters) -- Euro zone finance ministers told Greece on Saturday it could not go ahead with an agreed deal to restructure privately-held debt until it guaranteed it would implement reforms needed to secure a second financing package from the euro zone and the IMF. ... read full story


by rushabh

Eurogroup’s Juncker warns of possible Greece default (Reuters)

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBERLIN, Feb. 4, 2012 (Reuters) -- The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. ... read full story


by rushabh

Deutsche Boerse board member wants CEO out: paper (Reuters)

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoFRANKFURT, Feb. 4, 2012 (Reuters) -- Deutsche Boerse's <DB1Gn.DE> chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext <NYX.N>, a member of the German exchange operator's supervisory board told a newspaper. ... read full story


by rushabh

Hungary seeks 15-20 billion euro IMF/EU credit line: official (Reuters)

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

photoBUDAPEST, Feb. 4, 2012 (Reuters) -- Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. ... read full story


by rushabh

Jobless Rate Falls to 8.3%, Altering Face of Campaign

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Two dueling realities — an improving economy that remains very weak — create serious political risks for top advisers to President Obama and Mitt Romney.

by rushabh

India cricket team loses chief sponsor

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

NEW DELHI: Indian cricket was hit by a major crisis on Saturday when the long-time sponsor of the national team pulled out over its differences with the Board of Control for Cricket in India.

by rushabh

Micron CEO dies in plane crash

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

LOS ANGELES: Steve Appleton, the chief executive of leading semiconductor maker Micron Technology, died at the age of 51 when a small plane he was piloting crashed at an Idaho airport, his company said.

by rushabh

Looking Forward, Fiji Turns to Its Canoeing Past

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The traditional canoe is at the center of several projects aimed at reducing Fiji’s energy consumption, providing cheaper transport, keeping local traditions alive and giving a boost to tourism.

by rushabh

Eurozone ministers to discuss Greece

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

ATHENS: Eurozone finance ministers were to confer by telephone on Saturday after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal, the Greek finance minister said.

by rushabh

Business Briefing | Company News: Tyson Foods’ Profit Falls but Beats Estimates

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Tyson Foods said its profit fell to $156 million, or 42 cents a share, in its fiscal first quarter; that was down from $298 million, or 78 cents a share, a year earlier.

by rushabh

Wealth Matters: Advantages and Risks of Gingrich’s S Corporation

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services.

by rushabh

New York Sues 3 Banks Over MERS Mortgage Database

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The state attorney general asserted that fraudulent use of the tracking system allowed Bank of America, Wells Fargo and JPMorgan Chase to avoid the need for recording mortgage transfers.

by rushabh

Caterpillar to Close Assembly Factory in Canada

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The company planned to move locomotive production to other operations in North and South America after contract talks with unionized workers soured.

by rushabh

January Jobs Report Reflects Hope a Recovery Is Blooming

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft.

by rushabh

Off the Charts: A Long-Term Slide in Growth for Industrialized Economies

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The major developed countries are all experiencing slowdowns in growth, a trend the International Monetary Fund’s new projections indicate will continue.

by rushabh

Steve Appleton, Micron Technology C.E.O., Dies in Plane Crash

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Steve Appleton, whose death was considered a major loss for the struggling company, was piloting the small craft in Boise, Idaho.

by rushabh

Business Briefing | Legal and Regulatory News: S.E.C. Settles With Former Qwest Executive

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

The Securities and Exchange Commission has reached a settlement with the former chief financial officer of Qwest Communications International, Robert Woodruff, regarding a civil fraud suit.

by rushabh

Corporate Tax Break on Equipment May Have Silver Lining

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

A tax break added billions to the federal government’s current deficit, but the government says it should recoup 80 percent of the shortfall in the future.

by rushabh

Business Briefing | Legal and Regulatory News: William J. Baer Nominated to Lead Antitrust Division

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

William J. Baer, a lawyer at Arnold and Porter, was nominated by President Obama to head the Justice Department’s antitrust division.

by rushabh

Your Money: Want Better Car Insurance Rates? You Have to Make the Call – Your Money

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

A retiree qualified for lower car insurance premiums, but found that out only after a chance piece of mail prodded him to call his insurer.

by rushabh

Common Sense: At 102%, His Tax Rate Takes the Cake – Common Sense

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

In submissions of tax burdens from readers, James Ross, founder and managing member of the investment firm Rossrock, was on a perch all his own.

by rushabh

Zuckerberg’s Big Tax Bill May Benefit Facebook

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Mark Zuckerberg plans to exercise stock options with an estimated value of $5 billion ahead of Facebook’s initial public offering, which will translate into a big tax benefit for the company.

by rushabh

Obama’s Magic Number May Be 150,000 Jobs Per Month

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

With 243,000 jobs created in January, the economy is starting to look more positive. That might be a plus for the president in the November election.

by rushabh

DealBook: Goldman Gives Blankfein $7 Million Stock Award

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus.

by rushabh

Budweiser: ‘Eternal Optimism’ Ad

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Budweiser's 'Eternal Optimism' Super Bowl Ad.


by rushabh

Pepsi: Elton John in ‘King’s Court’s Ad

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Pepsi's Super Bowl XVLI ad titled "King's Court" featuring Elton John and X Factor winner Melanie Amaro.


by rushabh

Strong US jobs growth spurs recovery hopes

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

WASHINGTON: US businesses shifted into hiring gear in January, creating jobs at the fastest clip in nine months, official data showed Friday amid signs the recovery from deep recession is gaining traction.

by rushabh

Gianpiero Moretti, Modernizer of Racecar Steering Wheels, Dies at 71

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Mr. Moretti started his automotive accessories company Momo in 1966, and it expanded to make an array of racing products.

by rushabh

War Torn: An Iraq War Veteran’s Story

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Ian Welch was on his first combat tour in Iraq, waiting to storm across the Diyala Bridge and seize Baghdad, when an artillery round exploded behind him--changing his life forever. Now he and his girlfriend Katie are hoping love can change it again.


by rushabh

Met Life: ‘Fortunate’ Ad

February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh

Watch Met Life's "Fortunate" ad for Super Bowl XLVI.


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