Business and Finance News
- California homes being snapped up
Laos News.Net Californian home buyers have driven sales up more than 12 percent from resulting in the biggest jump in sales in four years.
- GM offers vehicle discounts to staff
Laos News.Net General Motors Corp has told staff it will better its usual ten percent discount.
- Prices rising faster than any time in a decade
Laos News.Net Wholesale inflation in the US soared in July.
- Etihad services continue to build into Asia
Laos News.Net Abu Dhabi-based Etihad Airways, which started its daily service from Abu Dhabi to Kozhikode said it is holding talks with Kerala Tourism Development Corporation to develop tour packages.
- Tom Cruise new Hollywood superhero
Laos News.Net Hollywood superstar Tom Cruise is reportedly set to become a superhero in an adaptation of comic book classic 'Sleeper'.
- Mobile users rocked by condom ringtone
Laos News.Net Imagine the expression on the faces of those around you when your mobile suddenly starts buzzing with an unlikely ringtone: 'Condom, condom'.
- US stocks drop on producer prices, housing woes
Laos News.Net US stocks declined Tuesday after producer prices surged and housing construction plummeted by the most in 17 years, prompting investor concerns that the US has entered a prolonged period of low growth and high inflation.
- Depp, Law and Farrell donate film earnings to Heath Ledger
Laos News.Net London, : Johnny Depp, Jude Law and Colin Farrell, who completed Heath Ledger's role in his final movie, have donated their pay to his two-year-old daughter.
- Asian stocks reverse course, edging higher
International Herald Tribune Most Asian stock markets edged higher Wednesday, rebounding from a two-year low as Chinese shares surged on hopes for policies from Beijing to jump start growth, though many analysts said it was a...
- Tokyo stocks fall on Wall Street slump, bearish view of global economy+
Breitbart ... economy+ - TOKYO, Aug. 20 (Kyodo)Tokyo stocks fell Wednesday morning, extending their losses from Tuesday, with investors unnerved by sharp losses on Wall Street and a pessimistic global...
- Hewlett-Packard 3Q profit jumps 14 pct
New Jersey Online SAN Hewlett-Packard Co.'s fiscal third-quarter profit jumped 14 percent, beating Wall Street's expectations, as strong laptop sales and a robust international presence ...
- Wall St slips again; ADRs end weak
Business Standard The Indian ADRs, too, ended on a weak note. Satyam and MTNL dropped over 3% each to $21.91 and $4.73, respectively. Infosys, Genpact, Patni Computers and Tata Motors shed 1-2% each.
- Dollar higher on economic data
The Daily Telegraph At 12pm, the Australian dollar was trading at $US0.8710/17, up from yesterday's close of 0.8642/45. During the morning, the local currency traded between a low of $US0.8705 and a high of...
- Intel unveils new chip design to challenge AMD
Herald Sun Intel Corp. cracked the lid Tuesday on a new chip design that is at once a big challenge to smaller rival Advanced Micro Devices Inc. and an admission that AMD nailed a key design feature before it...
- GM offers employee discount to all on 2008 models
Herald Sun General Motors Corp. said Tuesday it will extend employee discounts to everyone on almost all of its 2008 and some of its 2009 models as it seeks to clear its remaining inventory of 2008 vehicles.
- Wholesale prices rising at fastest pace since 1981
Herald Sun Wholesale inflation soared in July, leaving prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked...
- 2Q profit reports from retailers show more strain
Herald Sun From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how...
- Hewlett-Packard quarterly profit rises
Earth Times Hewlett-Packard Co, the world's biggest computer maker, reported a higher quarterly profit on Tuesday on strong international sales in its notebook computer and printer...
- EBay lowering fixed-price sellers
Reuters EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new...
- Oil rebounds above $114
The Globe And Mail NEW YORK Oil prices rebounded Tuesday, jumping back above $114 (U.S.) barrel after the U.S. dollar weakened against the euro and a rally in heating oil pulled new buyers into energy markets. ...
- Updates, advisories and surprises
Market Watch ... late Tuesday reported its fiscal third-quarter net income rose to $138.6 million, or 47 cents a share, from $120.4 million, or 37 cents a share, a year earlier. Earnings from continuing...
- IBM invests $300 mln in disaster recovery centers
Reuters Stock Buzz ) plans to spend $300 million this year to build 13 "cloud computing" data centers where businesses can store information for quick retrieval in case their computer systems are destroyed...
- EBay changes aim for fewer critics and more sellers
Guardian Scarlett Johansson in an advert for Louis Vuitton. Photograph: PR EBay will unveil sweeping changes today to encourage more fixed-price sellers as part of a wider attempt to transform the business...
|