Business and Finance News
 Chinese cars to be built in US
Laos 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
Laos 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
Laos News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
US stocks gain on financial firms
Laos 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.
Indications: U.S. stock futures cling to tight range
MarketWatch
LONDON (MarketWatch) -- U.S. stock futures held to a tight range Wednesday, with little to focus on outside of a smattering of merger news and wholesale inventory data due later, as markets paused fol...
EMI name ex-ITV chief as chairman
BBC
Troubled record company EMI has named former ITV boss Charles Allen as its new chairman.Mr Allen was already non-executive chairman at the firm, whose artists include Lily Allen, Robbie Williams, Katy...
Top public servants' pay frozen
BBC
Thousands of top-earning public sector workers, including judges, GPs and senior civil servants, are to have their pay frozen in 2010/11.The Senior Salaries Review Body (SSRB) said there was "no ...
'Don't Book Easter Train Travel', Union Warns
Sky News
Union leader Bob Crow has warned passengers not to plan train travel over Easter, despite Network Rail's claim that it is well-prepared to cope with a potential mass strike.
MarketAxess CFO To Become Operations Chief
Fox Business
LONDON -- MarketAxess Holdings said its chief financial officer, James N.B. Rucker, will become chief operations, credit and risk officer, and Antonio L. DeLise, head of accounting and finance, will ...
U.S. Concrete Warns Future Is In Doubt
Fox Business
LONDON -- U.S. Concrete Inc. on Wednesday reported a narrower fourth-quarter net loss, but warned that without a successful restructuring there's "substantial doubt about our ability to continue to o...
Heathrow, JFK Slots May Be Sold By Oneworld: E.C.
Fox Business
LONDON -- The European Commission said Wednesday that oneworld partners British Airways , AMR's American Airlines and Iberia offer to make available landing and take-off slots at London Heathrow or L...
China Property Prices Up For Ninth Month
Fox Business
HONG KONG -- Property prices in Chinese cities were up 10.7% in February from a year earlier, and up 0.9% from January, according to a published report Wednesday citing government data. February's ga...
Aer Lingus Sees Cabin Crew Cut By 230
Fox Business
LONDON -- Irish airline Aer Lingus said Wednesday that it expects it will operate with around 230 less cabin crew after implementing cost reduction measures. These include compulsory redundancies, ne...
French minister says U.S. tanker affair not closed
Reuters
WASHINGTON (Reuters) - The leader of the House of Representatives -- a persuasive arm-twister and deal maker -- faces her toughest challenge yet in the coming weeks: getting 216 votes to pass final le...
Northern Rock shrinks losses, arrears rise
Reuters
LONDON (Reuters) - State-owned Northern Rock shrank its losses in 2009, helped by a lower bad debt charge in the second half as house prices stabilized, but arrears rose and the lender warned loan imp...
Dutch Fine Fortis for False Information
ABCNews
Belgian insurer Fortis Holding said Wednesday that Dutch regulators fined it euro576,000 ($781,000) for giving incorrect information about the financial situation of Fortis bank, months before it near...
Oligarch Wins Suit Against Russian Broadcaster
ABCNews
Self-exiled oligarch Boris Berezovsky on Wednesday won a libel case against a Russian broadcaster that accused him of masterminding the murder of a former KGB agent in London.
German January Exports up 0.2 Percent on Year
ABCNews
Official data shows German January exports improved 0.2 percent compared with January 2009 but declined a sharp 6.3 percent from December. The Federal Statistical Office said Wednesday Germany expo...
Industrial production fell in January
Guardian
Industrial production fell in January, against predictions of a rise. Photograph: Guardian Britain's manufacturers suffered their biggest fall in production in six months at the start of the year wh...
Tullett Prebon shares climb on bid approach news
Guardian
has jumped around 17% after confirming market speculation about a takeover by saying it was in talks with a possible bidder.Although it described the discussion as preliminary, the interdealer broker'...
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