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Luxury watchmakers see clouds on China 'Eldorado'

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
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Six powers seek joint stance on Iran at UN meeting

Six world powers that are poised to restart stalled talks with Iran sought on Wednesday to agree a unified stance on the Islamic Republic's nuclear programme, diplomats at the United Nations' nuclear agency said.
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UK bank body wants to keep control of Libor

Britain's banking trade body has no plans to cede oversight of Libor to regulators, saying it remains fully committed to the interbank lending rates being scrutinized by global enforcement agencies for signs of manipulation.
iPad hd 4g

Apple's New iPad 4G: Tech Specs, Comparison to iPad 2

Apple has announced the release of the new iPad at a press conference earlier today, which marks the release of the third generation of the company’s tablet device. While the new iPad may not look all that different, but the hardware inside the device is actually much more powerful than previous versions. The new iPad is due to hit shelves on March 16 and packs a mean brand new quad-core Apple A5X graphics processor and three different options for internal storage that include 16 GB, 32 GB and ...
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Luxury watchmakers see clouds on China Eldorado

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
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Bold hedge funds mull risky Greek debt battle

Some hedge funds are refusing to join Greece's bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country's debt.
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Apple's Cook unveils 4G-powered iPad

Apple Inc took the wraps off a faster 4G-equipped iPad on Wednesday, hoping the latest version of its tablet can safeguard its dominance as rivals from Amazon to Samsung pile into the market.
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AMR proposes to freeze pensions of some workers

AMR Corp , the bankrupt parent of American Airlines, proposed a plan to freeze the pensions covering many of its workers rather than terminating them and leaving them to government insurers, which in many cases would result in lower payouts.
Greece tourism and travel

Eurozone Crisis: Greek Tourism Revenues to Shrink in 2012

Greek tourism revenues could drop by up to five percent in 2012 due to a fall in pre-bookings from Germany, industry officials said Wednesday, denting hopes the key sector will help pull the country out of the Eurozone financial crisis.
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Wynn Resorts seeks vote to remove Okada from board

Wynn Resorts Ltd said it would hold a special meeting of shareholders to remove Kazuo Okada from its board, less than two weeks after the Japanese billionaire was ousted as director of the company's Macau unit.
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AMR offers to freeze rather than terminate pensions

AMR Corp, the bankrupt parent of American Airlines, on Wednesday proposed a plan to freeze pensions covering many of its workers, retreating from an earlier proposal to terminate them and leave them to government insurers, which could result in lower payouts.

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