Business and Finance News
 Chinese cars to be built in US
Haiti News.Net
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County. Eurotunnel results show a profit
Haiti News.Net
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic conditions.  U.S. stocks creep higher
Haiti News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.  Food prices in 2050 will be shocking
Haiti News.Net
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks. US stocks gain on financial firms
Haiti News.Net
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year. Amish farmer wins fight over registering livestock
Star Tribune
NEILLSVILLE, Wis. - An Amish livestock farmer who refused to follow a 2005 Wisconsin law requiring him to register his land and livestock has won a legal battle with state regulators. Clark County C... E.ON earnings retreat in 2009
MENAFN
(MENAFN) A statement released by Egypt's Torah Cement said that the company posted a 23 percent rise in 2009 net profit to $62 million, compared with The firm made a net profit of $50... Barclays dips on US acquisition talk
Guardian
reports it is eyeing a US retail operation to help diversify away from its booming investment banking business. Danny Clarke at Shore Capital commented: Insurers 'face $7bn Chile bill'
BBC
The earthquake in Chile may cost the global insurance industry as much as $7bn (£4.7bn), Swiss Re has estimated.The company, the world's second-largest reinsurer, said the impact on the sector w... Economic storm not over, says PM
BBC
Gordon Brown is set to say he has guided the economy through a "storm" over the past 18 months and is best placed to secure its recovery.In a speech in London, he is arguing the economy is a... Cardiff to face winding-up order
BBC
Cardiff City return to the High Court on Wednesday to face a third winding-up order over £1.75m owed to the taxman.Her Majesty's Revenue & Customs (HMRC) had two previous cases adjourned aft... Northern Rock sees reduced losses
BBC
Northern Rock has said that it made "good progress" in 2009, as it reported a sharp fall in its annual losses.The bank lost £257.4m last year, compared with £1.36bn in 2008. Sinc... Standard Life enjoys profit boost
BBC
Insurance firm Standard Life has reported better-than-expected profits in 2009 and unveiled plans for an extra £100m of cost-cuts by 2012.Operating profit at the Edinburgh-based firm fell 1.5% t... Sun fended off Apple, Microsoft IP lawsuit threats
CNet
Revealing a bit of previously hush-hush history that's relevant today, Sun Microsystems' former chief executive said Tuesday that Apple CEO Steve Jobs threatened to sue Sun for infringing on its intel... Complaints in China Over Hewlett-Packard Laptops
International Herald Tribune
SHANGHAI, March 10 (Reuters) - More than 100 Chinese consumers have filed an official complaint against Hewlett-Packard Co over faulty laptop computers, leaving the door open for a lawsuit against the... Hellenic Exchange Holding cut to hold at Citigroup
Market Watch
MADRID (MarketWatch) -- Greek holding company Hellenic Exchange Holding was downgraded to hold from buy with its risk rating moved to high at Citigroup, which said with prolonged weakness ahead in the... Earnings Watch: Updates, advisories and surprises
Market Watch
+0.39% ) the Haifa, Israel, defense contractor, reported that fourth-quarter earnings fell 56% on 2.4% higher revenue. Net income was $56.7 million compared with $128.6 million in the year-earlier q... Hellenic Exchange Holding Cut To Hold At Citigroup
Fox Business
MADRID -- Greek holding company Hellenic Exchange Holding was downgraded to hold from buy with its risk rating moved to high at Citigroup, which said with prolonged weakness ahead in the economy, it'... ING Downgraded To Market Perform At KBW
Fox Business
LONDON -- Keefe, Bruyette & Woods downgraded Dutch banking and insurance group ING to market perform from outperform, saying the group still has a number of hurdles to overcome before it can complete... Valeo Sets Out 2013 Goal
Fox Business
LONDON -- French auto parts group Valeo said it's targeting a return on capital employed of nearly 30% by 2013, with sales of around 10 billion euros in 2013 and an operating margin level of 6% to 7%... Northern Rock Loss Narrows, CEO Waives Bonus
Fox Business
LONDON -- Nationalized U.K. mortgage bank Northern Rock said Wednesday that its 2009 net loss narrowed to 309.1 million pounds ($462 million) from 1.38 billion pounds a year earlier, helped by higher... ING Downgrades Holcim, Lafarge, Saint-Gobain
Fox Business
FRANKFURT -- Swiss cement firm Holcim Ltd. was downgraded to hold from buy at ING, which also cut its rating on France's Lafarge S.A. to sell from hold. ING said Holcim should be the core holding in ... Elbit Systems 4th-period Net Off 56%, Revenue Up
Fox Business
TEL AVIV -- Elbit Systems Ltd., the Haifa, Israel, defense contractor, reported that fourth-quarter earnings fell 56% on 2.4% higher revenue. Net income was $56.7 million compared with $128.6 million... Inchcape Unsure About Dividend As Profit Rises
Fox Business
LONDON -- Car dealer Inchcape said its annual profit rose to 92 million pounds ($138 million) from 51.4 million pounds on fewer exceptional items, while sales fell to 5.58 billion pounds from 6.26 bi... Q-Cells Cut To Underweight From Neutral At HSBC
Fox Business
MADRID -- German solar company Q-Cells was downgraded to underweight from neutral on Wednesday at HSBC, which said 2010 will be another tough year for the company. The company disappointed in all div... Senate Won't Act In Investors' Best Interests
Fox Business
BOSTON -- On behalf of Main Street investors everywhere, here's a message for the United States Senate: Thanks for nothing.Financial reform legislation on the Senate floor this week was supposed to h... Eastern Europe/Asia big winners in post-crisis rally
Financial Post
Eastern European and Central Asian equity markets led gains in the year since global stocks sank to their lowest level after the bankruptcy of Lehman Brothers Holdings Inc. The Ukrainian Equities Ind... World stocks off 6-week high; oil tumbles
Financial Post
LONDON -- World stocks slipped on Tuesday from the previous day's six-week high and oil fell nearly 2 percent, while the yen rose broadly as investors grew cautious after a recent rally in riskier ass... Quebecor probing Quebec City NHL team
Financial Post
The Quebec Nordiques was moved to Denver as the Colorado Avalanche in 1995, but Pierre Karl Péladeau, Quebecor chief executive says “the timing is getting better and better” for the return of the...
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