• Set your IBTimes.com Edition
 
 

Anheuser - InBev Merger

AB InBev sells eastern Europe ops to CVC for $2.2 billion
Oct 15, 2009 3:08AM

Anheuser-Busch InBev, has agreed to sell breweries in nine eastern European countries to CVC Capital Partners for an initial $2.23 billion, passing its target for divestments since its merger a year ago. Read more

Colombia

Vale blames oversupply for poor Colombia coal results
Sep 03, 2009 10:09AM

Thermal coal oversupply in the Atlantic market and logistics costs have led to very poor performance at Brazilian miner Vale's Colombian coal mines, a Vale official said on Wednesday. Read more

Zimbabwe Elections

Obama Pledges $73 million aid to Zimbabwe
Jun 13, 2009 6:03PM

President Obama pledged $73 million to Zimbabwe after meeting with the country’s Prime Minister Morgan Tsvangirai at the White House on Friday. Read more

Philippines

Philippines to remove fuel price cap on Monday
Nov 13, 2009 8:53AM

The Philippines will lift a three-week long cap on fuel prices on its main island of Luzon on Monday, President Gloria Macapagal Arroyo said, responding to a clamour from oil firms. "Subject to compliance to all agreements, we can now lift EO (Executive Order) 839," Arroyo told representatives of oil companies on Friday. Read more

Daimler AG

Honda upbeat, Daimler gloomy on car outlook
Oct 27, 2009 11:08AM

Japan's Honda Motor Co exuded optimism while Germany's Daimler AG spread gloom about the outlook for car markets on Tuesday, highlighting the patchy nature of any post-crisis rebound. Read more

Federal Reserve

People's United to buy Financial Federal for $738 mln
Today 11:25 AM EDT

People's United Financial Inc said it agreed to buy Financial Federal Corp for about $738 million in stock and cash to boost its equipment financing businesses. Read more

Goldman Sachs

Goldman Sachs downgrades General Mills
Sep 16, 2009 10:35AM

Goldman Sachs downgraded General Mills Inc to "neutral" and removed the stock from its Americas buy list, saying revenue growth at the food company could moderate and no longer outshine peers. Read more

Airline Reductions

United Airlines suspends allegedly drunken pilot
Nov 10, 2009 4:38PM

United Airlines has suspended a pilot who was arrested in London on suspicion that he was about to fly a Boeing 767 with 124 passengers while drunk, the airline said on Tuesday. Read more

Retail Sales

Retail sales surge on autos, manufacturing slows
Nov 16, 2009 4:48PM

U.S. retail sales grew more than expected last month as vehicle purchases bounced back, but non-auto sales rose modestly, suggesting consumers remained too cautious to drive a robust economic recovery. Read more

Bernanke

Bernanke boosts dollar, commodities down
Oct 09, 2009 4:24AM

The dollar rose on Friday after Federal Reserve Chairman Ben Bernanke indicated U.S. monetary policy could be tightened as a recovery takes hold, sending crude and metal prices lower. Read more
advertisement