FRANKFURT (Reuters) - Three more bidders are interested in taking a stake in German sports car maker Porsche, rivaling investment plans by Qatar, German magazine Focus reported on Saturday. (source: Reuters) - RSS feeds and Feed widget on Feedzilla.com
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FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper. (source: Reuters) Pope urges G-8 leaders to rewrite financial rules, defend world’s poor from economic… (source: SF Gate) U.N. Secretary-General Ban Ki-moon said Saturday he was ”deeply disappointed” after Myanmar’s military ruler rejected his second and final request to meet jailed opposition leader Aung San Suu Kyi. Ban met with Senior Gen. Than Shwe for another inconclus… (source: SF Gate) North Korea fired seven ballistic missiles off its eastern coast Saturday, South Korea said, a violation of U.N. resolutions and an apparent message of defiance to the United States on its Independence Day. The launches, which came two days after North Kor… (source: SF Gate) Nearly Two-Thirds of Americans Are Cutting Back Vacation Spending this Summer (source: CBS News) BT offers staff the chance of long holidays in return for a big pay cut in a bid to reduce costs during the economic downturn. (source: BBC) Looking at industry bellwethers Intel and Texas Instruments’ past quarterly results, it appears as though excess inventory has been worked off, and future quarters will likely look more like end-market demand. (source: Zacks) The choices boil down to three: store your gold in a safe deposit box; bury it; or hide it indoors. (source: Zacks) Although the rest of 2009 is likely to continue on a path of weak steel and electricity demand relative to 2008 levels, several factors should help lift the coal producers in 2010. We discuss Peabody, Arch Coal, Rio Tinto and Walter Energy. (source: Zacks) More and more people are asking whether they can, or should, use an IRA to hold physical gold. (source: Zacks) With businesses in nearly every industry looking for ways to lower non-critical expenses, we expect the business consulting industry to face a challenging operating environment in the near term. We retain Sells on EXBD, NCI and CRAI. (source: Zacks) Opportunity awaits in Latin America’s growing economies. (source: Zacks) European shares finished slightly lower, with utilities and metals producers pressuring markets. (source: Wall Street Journal) Wender Ozuma, 18, is prepared to face the world and his future. "I want to manage a company," Ozuma said recently, attired in blue shirt and a black tie. "I feel comfortable in an office environment, dressed up professionally." (source: The Philadelphia Inquirer) There’s no telling how much an economic-stimulus bill Gov. Corzine is expected to sign into law within weeks will increase or decrease the state’s bottom line. (source: The Philadelphia Inquirer) Tonight, the fireworks arcing over the Ben Franklin Parkway will be a little bit greener. The colors in the display will be as bright and varied as ever, but with less environmental impact. That’s because Zambelli Fireworks Internationale, the company st… (source: The Philadelphia Inquirer) Venezuela’s government formally takes control of the country’s third largest bank - the Spanish-owned Banco de Venezuela. (source: BBC) Australian winemakers are selling more wine but making less money per bottle. (source: New York Times) Owner Jim McIngvale is reopening part of his North Freeway furniture store — with free barbecue and music. (source: Houston Chronicle) Military contractor KBR may ask the U.S. government to reimburse it for legal costs if a jury decides the firm failed to protect KBR truck drivers during a deadly April 2004 roadside attack. (source: Houston Chronicle) Rice University MBA student Carin Giga is spending her summer helping the Toyota Center cut energy costs and save money. (source: Houston Chronicle) The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It’s the national debt. The country first got into debt to help pay for the Revolutionary War. Growing ever since, the debt stands today at a staggering $11.4… (source: SF Gate) Known to many as the ”professor of barbecue,” Steven Raichlen has penned more than 20 books on the subject and has found a way to grill almost any kind of food imaginable, from pizza to pound cake. With summer BBQ season upon us, here are some of his top… (source: INC.com) The owners of a 32-room hotel on Mohegan Island off the coast of Maine are putting it up for sale. Is the place really worth $4.3 million? How Much Is Your Business Worth? Slideshow: The Most Expensive Businesses in America (source: INC.com) Top restaurant owners, including star chef Tom Colicchio talk about making a small business work in their industry. (source: INC.com) Former Republican vice presidential candidate Palin announced she is stepping down as Alaska’s governor on July 26. A source close to Palin said she she has been bogged down by opposition from Democrats and by fellow Republicans. (source: Wall Street Journal) North Korea fired three missiles off its eastern coast Saturday, South Korea said, in what was likely to be seen as a message of defiance to the United States on its Independence Day holiday. The launches, which came two days after North Korea fired four….. (source: SF Gate) Sacramento firefighters have agreed to freeze their salaries for two and a half years, averting layoffs for at least a year. The deal on salary concessions was approved by the fire union Friday. Up to 68 firefighters were facing layoffs starting July 4 if … (source: SF Gate) Business News: Actress expressed frustration over contract — Justine Bateman has resigned from the Screen Actors Guild’s national board of directors, blasting the moderates who control the board and repeating her characterization of AFTRA as a ‘’scumbag”… (source: Variety) Tech competition is heating up: Google vs. Microsoft! Microsoft vs. Apple! Apple vs. Palm! Here’s how the second half of ‘09 is shaping up. (source: CNN) Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008. (source: CNN) HOMEOWNERS paid a record amount of their mortgage debt in the first three months of this year, it was revealed yesterday. (source: Scotsman) BRITISH Airways carried almost 5 per cent fewer passengers last month than in June 2008, the airline said yesterday. (source: Scotsman) GOALS Soccer Centres has revealed that February’s heavy snow cost it about £300,000, after its five-a-side pitches were affected across Britain. (source: Scotsman) Sarah Palin abruptly resigned as governor of Alaska, saying she did not want to waste her time on ‘political blood sport’ and would hand power to her deputy later this month. (source: Financial Times) TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China’s portfolio of commodity investments. (source: Reuters) Trading volume light on Canadian benchmark as U.S. markets closed for Independence Day holiday (source: The Globe and Mail) Market Report: Supermarket giant J Sainsbury was in focus as the Qatari Investment Authority QIA revealed its stake in the business had dropped below 27pc. (source: Telegraph) Traders brace for further downward move below $60 a barrel as demand remains weak, inventories high (source: The Globe and Mail) |
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