Business and Finance News
 Chinese cars to be built in US
Mongolia News.Net
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County.
Eurotunnel results show a profit
Mongolia News.Net
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic conditions.
 Chinese passenger cars in strong demand
Mongolia News.Net
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive vehicles.
US stocks gain on financial firms
Mongolia News.Net
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.
Connecticut AG sues Moody's, S&P over debt ratings
Seattle Post-Intelligencer
By STEPHEN BERNARDAP BUSINESS WRITER NEW YORK -- Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the pair issued on risky investments. In the c...
Terra favoring CF over Yara in buyer battle
Seattle Post-Intelligencer
By SAMANTHA BOMKAMPAP BUSINESS WRITER NEW YORK -- Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norw...
Clayton Williams Posts '09 Earnings, Reserves
Rigzone
Clayton Williams Energy reported its financial results for the quarter and year ended December 31, 2009, along with information about its proved oil and gas reserves as of December 31, 2009.
Viterra Records Solid First Quarter Earnings
Market Wire
REGINA, SASKATCHEWAN--(Marketwire - March 10, 2010) - Viterra's (TSX:VT) (ASX:VTA) consolidated sales and other operating revenues for the first quarter of fiscal 2010 grew 29% or $404.0 million to $1...
Eastman Kodak tender offer expires
Miami Herald
ROCHESTER, N.Y. -- Eastman Kodak Co. said Wednesday its tender offer to buy up to $200 million of its outstanding 7.25 percent senior notes due 2013 has expired.The company said about $220 million of...
Labour leaves blacklisted high and dry | Keith Ewing
Guardian
blacklist kept by a company called the Consulting Association (CA). Construction companies paid the CA to conduct trade union checks on job applicants and other workers; those whose name appeared on t...
Wall Street stocks up on rebound anniversary
eTaiwan News
Wall Street stocks posted modest gains Tuesday amid cautious trading on the one-year anniversary of the beginning of the market's rebound from its lows last year.The Dow Jones Industrial Average rose ...
Vail Resorts profit downhill of Wall Street estimates
Business Journal
posted a smaller profit in its most recent quarter Wednesday, falling short of analysts' expectations. The Broomfield-based ski-resort and hotel operator again cited a dropoff in real estate clos...
Defaults Signal Bursting Muni Junk Bubble After Surge
Business Week
U.S. state and local government tax revenue fell 6.7 percent as of September from a year earlier, marking the fourth consecutive quarter of decline, according to a December Census Bureau report. That ...
Papandreou Sees ‘New Will’ in EU to Manage Crises
Business Week
March 10 (Bloomberg) -- Greek Prime Minister George Papandreou said he sees a “new will” in the European Union to deal with fiscal crises and indicated that EU leaders soon will draft a pl...
EMI Music Chief Leoni-Sceti to Leave Record Label
Business Week
March 10 (Bloomberg) -- EMI Music, the U.K. recording company controlled by Guy Hands’s Terra Firma Capital Partners Ltd., said Chief Executive Officer Elio Leoni-Sceti will leave the company on...
Obama’s Health-Care Push Challenged By Business Group
Business Week
March 10 (Bloomberg) -- President Barack Obama is facing a renewed push against his health-care legislation as a coalition of business groups plans to spend as much as $1 million a day on advertisemen...
Florida Orange-Crop Forecast Rises on Freeze Review
Business Week
Production will be 131 million boxes in the harvest ending in July, more than analysts expected and up from the February forecast of 129 million, the USDA said today in a report. About 162.4 million b...
Eastman Kodak tender offer expires
Seattle Post-Intelligencer
THE ASSOCIATED PRESS ROCHESTER, N.Y. -- Eastman Kodak Co. said Wednesday its tender offer to buy up to $200 million of its outstanding 7.25 percent senior notes due 2013 has expired. The company s...
China to build Sri Lanka airport
BBC
China is to lend Sri Lanka about $200m (£133m) to build a second international airport in the south of the island.Another $100m from Beijing will help boost the island's railway network, Sri Lan...
Banks face harsher stress tests
BBC
Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, the Financial Services Authority (FSA) has said.The regulator said new tests would assess banks'...
Warning on packaged bank accounts
BBC
Bank accounts which charge fees for extra benefits such as insurance may be being mis-sold, the Financial Services Authority (FSA) has warned.It says the danger lies in people buying packaged accounts...
Royal Dutch Shell Stops Selling Gasoline To Iran
Fox Business
NEW YORK -- Royal Dutch Shell spokesman Rainer Winzenried told MarketWatch that the oil major is not exporting gasoline to Iran. He declined to elaborate on how much gasoline Shell has typically sold...
Crude Turns Up As Supplies Rise Less Than Forecast
Fox Business
NEW YORK -- Crude oil futures returned above $82 a barrel in mid-morning trade Wednesday after the Energy Information Administration reported a smaller-than-expected increase in U.S. crude supplies a...
Lawsuits, poker and the death of a boutique bank
Reuters
The 150-acre ''Sky Blue Farm'' estate of Pali Capital's co-founder and chief executive Bradley Reifler is seen in an undated aerial photo from Microsoft's ''Bing Maps'' obtained by Reuters March 9, 20...
A decade later, lessons in the Nasdaq collapse
Reuters
SAN FRANCISCO (Reuters) - Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scal...
Former NY pension fund exec pleads guilty: Cuomo
Reuters
New York state's former top pension investment officer pleaded guilty to a felony for helping to steer hundreds of millions of investments to a political adviser and favored firms, Attorney General An...
Boeing study says its tanker to create more jobs
Reuters
The study was done before Northrop and EADS, parent of Airbus, announced this week that they would not bid to build the tanker in the end, saying new bid specifications favored Boeing's offer.
Citigroup, Fidelity gets FMC nod to sell MCX stake
Business Standard
Citigroup and Fidelity International have received approval to sell their stakes in the Multi Commodity Exchange of India (MCX), the commodity markets regulator Forward Markets Commission (FMC) said t...
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