Business and Finance News
- Chavez nationalises Venezuelan steel
Auckland News.Net Venezuelan President Hugo Chavez has nationalised the country's largest steel company.
- Big banks merge in Australia
Auckland News.Net In Australia, two large banks, St George Bank and Westpac, say they have agreed to the key terms of their proposed AUD$18.6 billion merger.
- New luxury marina for London via the Gulf
Auckland News.Net Gulf property developers are planning to build luxury island resorts in England, complete with marinas, theatres, an opera house and housing.
- Dubai generating massive waste
Auckland News.Net Construction and demolition waste generated in Dubai has registered a record 163 percent growth.
- Bahrain sells cheap fares to India
Auckland News.Net Bahrain Air's maiden flight from Kerala in India is set to take off from Cochin International Airport to Bahrain on May 26th.
- China Eastern cancels flights due to earthquake
Auckland News.Net China Eastern Airlines had to cancel all flights to the southwestern Sichuan provincial capital of Chengdu on Monday, after an earthquake hit the region.
- IPhone announces Australian servers
Auckland News.Net Australian phone provider, Optus has announced that it will become the second mobile phone carrier in Australia to sell the iPhone.
- Plastic bags becoming unpopular in China
Auckland News.Net Plastic-bag standards are going into effect in China.
- Arab investor pulls out of deal with Austrian Airlines
Auckland News.Net Austrian Airlines and a Saudi investor have gone their separate ways after having talks about a stake in the airline.
- Hugo Chavez buys more weapons from China
Auckland News.Net Venezuelan President Hugo Chavez has contracted to buy Chinese military training planes, expanding recent arms purchases and cementing ties.
- Cash is king on Wall Street
CNN Money HP's deal for EDS is a sign that companies sitting on a lot of cash are ready to put some of their money to work...and that's a good omen for the markets.
- Your PCs just turned into mini Hubble telescopes, thanks to Microsoft
Auckland News.Net Canberra, : Microsoft has launched a free downloadable software that can turn any computer into mini Hubble telescopes capable of displaying high resolution images of millions of stars, planets and other celestial bodies.
- Wal-Mart Triumphs In Tough U.S. Economy
Forbes ... caused by energy and food...
- CPI Aerostructures sees sales, profits soar
Newsday Long Island 's last remaining builders of spare parts for aircraft, said Tuesday sales rose 42 percent in the first quarter, compared to the same period last year, and that profits increased too. ...
- Kentucky Horse Industry Faces Potential Threat from Tent Caterpillar Population
Insurance Journal Officials at the University of Kentucky College of Agriculture are warning horse farm owners to be wary of an usually high tent caterpillar population.
- Microsoft Offers SMBs Bundled Solutions
eWeek Microsoft wants to help small companies run their businesses more efficiently. But that efficiency is going to come at a price. The software giant on unveiled Windows Essential Server...
- Hewlett-Packard in 13.9-billion-dollar deal for EDS
Earth Times New York - US personal computer giant Hewlett-Packard has reached a deal to buy Electronic Data Systems Corp. for 13.9 billion dollars, the two companies disclosed Tuesday. In a joint...
- Hewlett-Packard to Buy EDS, Lifts Forecast
Smart Money You Are Viewing: Hewlett-Packard to Buy EDS, Lifts Forecast (Electronic Data Systems Corp., Hewlett-Packard Co. (HPQ), International Business Machines Corp. (IBM), (US428236), (US459200)).
- Wal-Mart profit rises 7 percent
Earth Times ... the world's largest retailer, reported a 7 percent rise in quarterly profit on Tuesday as discounts drew U.S. shoppers looking for bargains on necessities like food and pharmacy...
- TJX Hits Earnings Target, Stock Marked Down
Smart Money DOW JONES NEWSWIRES TJX Cos. reported fiscal first-quarter net income rose to $193.8 million, or 43 cents a share, from $162.1 million, or 34 cents a share, a year ago. Excluding a $12...
- Hewlett-Packard to acquire Electronic Data Systems
San Francisco Chronicle Hewlett-Packard said this morning it has struck a deal to buy Electronic Data Systems for $13.9 billion, an acquisition that is expected to help HP compete with rival IBM for lucrative technology...
- N.Y. farmers fear a shortage of skilled workers
San Diego Union-Tribune BATAVIA, N.Y. – New York farmers say a shift in state policy is making it harder for them to hire experienced seasonal workers through federal guest-worker contracts. During a meeting with...
- Retail sales slipped in April
MSNBC Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April.The Commerce Department reported Tuesday that retail sales dipped 0.2...
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