Aviva to cut 4,000 jobs at Norwich Union
The country's largest insurer Aviva Plc said it would cut 4,000 jobs at its Norwich Union business and deliver annual cost savings of 250 million pounds in 2008.
Nikkei edges up on chip stocks
The Nikkei share average edged up 0.20 percent on Wednesday as Advantest Corp. and other chip stocks rose but consumer loan companies such as Credit Saison Co. fell on a report of tighter accounting rules.
Bureaucratic bungling gave Big Oil royalty break
Big oil companies were able to avoid paying the government billions of dollars in royalties normally due on drilling leases in the Gulf of Mexico because of bureaucratic bungling at the U.S. Interior Department, the department's inspector general told Congress on Wednesday.
Air travel rules likely to ease next week
The government is likely to announce an easing of air travel rules next week after security was tightened last month
More news
Singapore puts the squeeze on protesters at IMF meet
The most jam-packed event at this year's International Monetary Fund-World Bank meeting in Singapore could end up being an indoor protest.
Oil eases back below $64
Oil dipped back below $64 a barrel on Wednesday as traders await the debate among members of the U.N. nuclear watchdog over Iran's atomic work.
Soros gives $50 mln to tackle African poverty
Billionaire financier George Soros pledged $50 million on Wednesday to help the United Nations tackle extreme poverty and AIDS in Sub-Saharan Africa.
Blair in hot water over jobless figures leak
The Office of National Statistics is seeking an explanation from the prime minister's office about remarks Tony Blair made on Tuesday predicting a fall in unemployment
Profits jump at Pinewood
Film studio owner Pinewood Shepperton plc, famed for the James Bond and Harry Potter films, unveiled a joint venture to develop its business as it reported a big jump in first half profits.
Fund managers remain dollar bears
Fund managers remain convinced the dollar is expensive and will fall against the Japanese yen
Metro defeats Tesco in trademark battle
German retailer Metro won a long running battle over a trademark with Tesco on Wednesday when Europe's second highest court ruled in its favour.
MyTravel warns on profits
MyTravel Group said on Wednesday its annual profit would be less than previously expected following difficult trading conditions
Next benefits from home shopping
Clothing retailer Next Plc posted a 3.6 percent increase in first half protect profits on Wednesday, as a surge in its catalogue and Internet business helped offset a drop in samem store sales.
BAE profits jump on U.S. deals
BAE Systems said on Wednesday its core first half earnings rose by 39 percent helped its U.S. operations, including a one off accounting gain there.
FTSE led up by Next
The FTSE 100 edged higher on Wednesday, led by Next after it reported results well ahead of consensus estimates, but weighed down by miners after a decline in metal prices.
Homeowners struggle to meet mortgage payments
Hundreds of thousands of homeowners missed mortgage payments last year, with young borrowers most at risk, a charity survey said on Wednesday.
'Xoomers,' the new 'Boomers' in Consumer Spending
A recent survey on consumer trends shows that male shoppers between the ages of 25-39, who are identified as the “Xoomer†generation, are creating a significant impact on the retail market place.
SABMiller Seals Takeover of Foster's India
SABMiller PLC announced on Tuesday that is has finalized the acquisition of the Foster brand and business in India for $120-million.
Survey: Chile Most Sustainable Latin American Nation
Chile has been ranked as Latin America's most sustainable and ethical nation according to a study of more than 50 economic, social, corruption, legal, political and environmental indicators, which compare eight major Latin American countries.
HP Chair Resigns
Patricia Dunn will be stepping down as chairman of Hewlett Packard. Her resignation comes following a scandal in which an investigator allegedly obtained phone records improperly in an attempt to identify boardroom leaks.
EasyJet Call for Sensible Solution to Security
Budget airline easyJet announced today that its forward bookings had returned to normal levels. However there was still concern that the increase in security demands
EU to Microsoft: Don't Shut Out Rivals
European Union officials warned Microsoft Corp. on Tuesday not to shut out rivals in the security software market as the company plans to upgrade its new Vista operating system
Global markets strong but risks rise: IMF report
Global financial markets remain strong but risks of an economic slowdown have increased, which could trigger corrections more severe than the one in May, the International Monetary Fund said on Tuesday.
Rate hike looms as inflation gathers pace
Strong rises in the cost of toys and games pushed the inflation rate up more than expected in August, reinforcing expectations that interest rates will rise again before the end of the year.
FTSE up on prospect of stable commodities
The FTSE 100 reversed early losses on Tuesday as fresh tensions in the Middle East saw investors return to beleaguered mining stocks on the prospect of more stable commodity prices.
BAA Passenger Shortfall Following Tighter Security
According to Airport operator BAA, there was a 0.3% increase in British passenger numbers in August. Following the plot to blow up airliners last month, BAA spent an additional 13 million pounds to introduce tighter security.
Indian Oil to invest Rs. 200 crore for automation of retail outlets
India's second largest petroleum company, the Indian Oil Corporation (IOC) is planning to invest Rs. 200 crore for the purpose of automation of over 1,000 retail outlets by March 2007.
CBay features in the US Top 100 list of revenue earners
The highly acclaimed US based Healthcare Informatics magazine has listed CBay in the 100 top companies in their annual rankings of the healthcare IT companies by revenue.
G7 draft upbeat on U.S.: Kyodo
A draft of a statement to be issued at the G7 finance ministers' meeting this week says the U.S. economy is moving toward a sustainable growth path but does not yet contain any references to currencies, Kyodo news agency reported on Tuesday.
AAI set to develop Kolkata airport
The Airport Authority of India (AAI) has announced its decision to invest Rs. 120 crore for upgradation of Kolkata (formerly Calcutta) airport.
Keep politics out of economic decisions, ADB urges Bangladesh
The Asian Development Bank (ADB) has urged Bangladesh to consider the economic benefits of the $ 3 billion investment proposal by India's Tata Group, instead of putting it off due to political expediency.
AT&T to offer 20 TV channels for PC viewing
AT&T Inc. said on Tuesday it will launch a new Internet browser based television service that will allow subscribers to watch 20 channels
Hogg Robinson sets IPO range
Business travel company Hogg Robinson set a wide indicative price range on Tuesday for its planned return to the London stock market
Tata's $ 3 billion Bangladesh project suspended; local media vent fury
India's biggest business conglomerate, the Tata group has indefinitely suspended work on its $ 3 billion investment plan in Bangladesh because of frustrating delays by the Bangladeshi government in approving the proposal.
Pages
- Promoted in Politics
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Trump Heads To The Gulf Eyeing Deals Amid Diplomatic Offensive
-
Scientists In Mexico Develop Tortilla For People With No Fridge
-
Kim Kardashian To Testify In Paris Multi-million-dollar Robbery Trial
-
Hamas Officials Say Group Held Direct Gaza Ceasefire Talks With US
-
Ukraine Ready For Russia Truce Talks, Zelensky Says
-
Trump's New Budget Boss: Russell Vought To Lead 'Ruthless' Government Cuts After Musk Steps Down
