31 Jul 2010

feedYahoo! Finance: Top Stories

Debris in relief well sets back work on gusher (AP)

Tropical Storm Bonnie left crews working to plug the Gulf oil gusher a little memento that is expected to push their work back about a day.

31 Jul 2010 5:02pm GMT

China setting milestone as economy passes Japan's (AP)

China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed.

31 Jul 2010 4:39pm GMT

Paperwork nightmare: A struggle to fix new law (AP)

Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses.

31 Jul 2010 3:45pm GMT

Obama blames GOP on small business lending bill (AP)

President Barack Obama is going after Senate Republicans who have stymied his proposal to create a $30 billion fund to help unfreeze lending for credit-starved small businesses.

31 Jul 2010 3:44pm GMT

ICICI Bank profit up 17 percent on better loans (AP)

ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy.

31 Jul 2010 11:18am GMT

Suit blames Mets owners for Madoff-related losses (AP)

The owners of the New York Mets should be held accountable for letting their workers put more than $16 million in 401 assets into accounts controlled by jailed financier Bernard Madoff, a widow said in a lawsuit filed Friday.

31 Jul 2010 3:44am GMT

TransCanada: 'Multiple bids' for Alaska gas line (AP)

TransCanada Corp. has received multiple bids from "major industry players and others" that want to use its proposed pipeline to transport natural gas from Alaska's North Slope to market, a company official said Friday.

31 Jul 2010 1:48am GMT

30 Jul 2010

feedYahoo! Finance: Top Stories

Stocks end July with big gain; Dow gains 7.1 pct (AP)

Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.

30 Jul 2010 9:48pm GMT

Chrysler to add 900 jobs to midsize-car plant (AP)

Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the company's refurbished midsize sedans.

30 Jul 2010 8:41pm GMT

Chevron 2Q income triples on higher energy prices (AP)

Chevron's second-quarter earnings tripled on better refining margins and higher prices for oil and natural gas, the company said Friday.

30 Jul 2010 8:16pm GMT

feedBBC News - Economy

Immigrant worker limit criticised

Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.

30 Jul 2010 5:31pm GMT

US economic growth slows to 2.4%

US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.

30 Jul 2010 2:48pm GMT

29 Jul 2010

feedBBC News - Economy

Pensions timebomb

Russians fear the benefits system will cease to exist

29 Jul 2010 11:13pm GMT

Hit by sanctions

Black market boom as Dubai curbs trade with Iran

29 Jul 2010 10:59pm GMT

China allows IMF report release

China allows the publication of an International Monetary Fund staff report on its economy for the first time since 2006.

29 Jul 2010 2:54pm GMT

Scottish review warns of job cuts

Up to 60,000 people working in the public sector in Scotland could lose their jobs, according to an independent review commissioned by ministers.

29 Jul 2010 12:49pm GMT

California in 'fiscal emergency'

California governor Arnold Schwarzenegger declares a fiscal state of emergency, putting pressure on lawmakers to pass a budget.

29 Jul 2010 10:49am GMT

Greek police clash with hauliers

Greek police fire tear gas to disperse hundreds of lorry drivers protesting in Athens against a government order to end their strike.

29 Jul 2010 10:48am GMT

28 Jul 2010

feedBBC News - Economy

Filling the gap

Why British businesses still need immigrant workers

28 Jul 2010 4:53pm GMT

Cameron launches India trade push

David Cameron begins a two-day visit to India with the aim of strengthening relations and creating jobs back in Britain.

28 Jul 2010 12:41pm GMT

House prices 'now at 2006 levels'

House prices in England and Wales are now at similar levels as seen in the summer of 2006, says the Land Registry.

28 Jul 2010 11:33am GMT

Bank head hints rates to stay low

The governor of the Bank of England says he is more worried about slow growth than inflation, suggesting rates will stay low.

28 Jul 2010 9:57am GMT

27 Jul 2010

feedBBC News - Economy

Wealth in China

But many rich people still pay to move to the West

27 Jul 2010 11:06pm GMT

Russian GDP growth 'accelerates'

Russia's economic growth accelerated in the three months to June, mainly due to rising consumer demand, an offical says.

27 Jul 2010 3:21pm GMT

Bangladesh increases minimum wage

Bangladesh is nearly doubling the minimum wage for its millions of garment workers, a wage board official says, after months of violent protests over pay.

27 Jul 2010 2:39pm GMT

Indian interest rates rise again

The Reserve Bank of India has increased interest rates for the second time in a month to try to hold back inflation.

27 Jul 2010 1:54pm GMT

15 Dec 2009

feedFT.com - International economy

Copenhagen talks enter 'new phase'

Copenhagen climate conference enters a 'new phase' as ministers join in intensive negotiations to deliver an agreement by the end of the week, the president of the meeting says

15 Dec 2009 2:39pm GMT

Greece moves on costs and corruption

The Athens stock market lost 1.2 per cent in early trading as investors absorbed news of the Greek government's plan to reduce the country's budget deficit

15 Dec 2009 11:53am GMT

US banks to repay rescue funds

Citigroup and Wells Fargo unveiled plans to sell a total of up to $30bn in stock and return a combined $45bn to US taxpayers in a move that will free them from heightened government supervision but could hit shareholders

15 Dec 2009 12:29am GMT

14 Dec 2009

feedFT.com - International economy

Darling defies threats on bonus tax

The chancellor has warned he will not water down his 50 per cent supertax on bonuses or offer special deals after brokers and banks threatened to move staff out of the UK

14 Dec 2009 11:03pm GMT

Clouds mar Europe's sunnier outlook

Prospects have brightened noticeably since August, when the map was last published, with northern Europe capturing the best of the light. A robust recovery in Germany and evidence of a clear turnaround in France have helped

14 Dec 2009 10:34pm GMT

Obama presses banks to boost lending

President Obama told the US's top bankers that they had a 'special responsibility' to help spur on the economic recovery after they received government bail-outs last year, urging them to increase lending to small businesses and mortgage refinancing

14 Dec 2009 8:18pm GMT

China eclipses US in initial public offferings

Chinese stock exchanges raised double the amount of money secured by IPOs across the US showing how activity is shifting from west to east

14 Dec 2009 8:08pm GMT

Rich nations step up pressure on Beijing

Developed countries are putting the Chinese delegation under intense and co-ordinated pressure. The harder line has come about partly since they suspect China of using the G77 group of 130 developing nations to advance its agenda

14 Dec 2009 7:20pm GMT

Fed to split monetary and liquidity policy

The Federal Reserve is unlikely to make any big changes to its monetary policy stance at the conclusion of its December meeting on Wednesday, though there is a chance it could make some alterations to its provision of liquidity

14 Dec 2009 6:56pm GMT

Pipeline brings Asian gas to China

The first pipeline bringing central Asian natural gas to China opened, underscoring Beijing's importance to the former Soviet republics. China's president, Hu Jintao, joined counterparts from Turkmenistan, Kazakhstan and Uzbekistan for the ceremony

14 Dec 2009 5:16pm GMT

Japan business confidence remains low

Business morale improves more slowly in the fourth quarter and large manufacturers surveyed by the central bank plan record cuts in capital spending as a strong yen threatens a fragile economic recovery

14 Dec 2009 3:14am GMT

13 Dec 2009

feedFT.com - International economy

Nobel laureate who turned economics into a science dies

No economist alive is unmarked by the work of Paul Anthony Samuelson, who did more than any other theorist to turn economics from a scattered selection of insights into a social science

13 Dec 2009 8:59pm GMT

For Congress, debt vote is an unwanted gift

Unless Congress votes before Christmas to raise the US government debt ceiling from $12,100bn to nearly $14,000bn, the US government will have to stop work in a matter of weeks

13 Dec 2009 8:09pm GMT

White House predicts jobs growth

The US economy will be creating jobs by the spring, the White House predicted for the first as the President prepares to meet chief executives from twelve of the US's largest banks to increase the pressure on them to lend to small business

13 Dec 2009 6:53pm GMT

UNDP calls for capital controls in Asia

Asian economies have been urged to put in place stronger regulatory systems to prevent asset bubbles in equity and property markets wreaking havoc in the wake of the global financial crisis

13 Dec 2009 4:59pm GMT