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Latest News
- Sale of EDF's UK networks agreed
Category: Business
Publish Date: 07-30-2010 01:08 AM -0700
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).[more]
- Bangladesh garment workers riot over new wages
Category: Business
Publish Date: 07-30-2010 01:06 AM -0700
Thousands of Bangladeshi garment workers took to the streets, burning cars and blocking traffic, police said, in a protest against the minimum wage rate, police said.[more]
- Visiting Obama deserves credit for saving GM, Chrysler
Category: Business
Publish Date: 07-30-2010 12:56 AM -0700
With stops at General Motors and Chrysler plants today, President Barack Obama is visiting the evidence of perhaps his greatest triumph to date.[more]
- Honda, Mazda Improve Bottom Lines
Category: Business
Publish Date: 07-30-2010 12:53 AM -0700
Japanese auto makers Honda and Mazda said that sales was growing strong in Asia and North America as both reported improved earnings on the quarter.[more]
- Higher Oil Prices Lift Total's Net Profit
Category: Business
Publish Date: 07-30-2010 12:51 AM -0700
French oil major Total posted a 43% increase in second-quarter net profit, boosted by stronger production, higher oil prices and a stronger dollar.[more]
- BP's Hayward Defends Tenure, Spill Response
Category: Business
Publish Date: 07-30-2010 12:51 AM -0700
Tony Hayward, the departing chief executive of BP, is unrepentant about how the energy giant responded to the U.S.'s largest offshore oil spill.[more]
- British Airways' Net Loss Widens
Category: Business
Publish Date: 07-30-2010 12:50 AM -0700
British Airways said its fiscal first-quarter net loss widened, hurt by the impact of disruptions including volcanic ash clouds and strikes.[more]
- EADS Raises Full-Year Forecast
Category: Business
Publish Date: 07-30-2010 12:49 AM -0700
EDF said first-half net profit halved, but the company raised its earnings forecast for the full year on increased aircraft deliveries and an improved exchange rate.[more]
- States go deeper into debt
Category: Business
Publish Date: 07-30-2010 12:48 AM -0700
The states are broke, and like many consumers, they're borrowing big time to get out of their fiscal binds.[more]
- Wyly Brothers Face SEC Fraud Charges
Category: Business
Publish Date: 07-30-2010 12:47 AM -0700
Billionaire brothers Sam Wyly and Charles Wyly hid $550 million in trading profits by using an "elaborate sham system" of offshore entities, the Securities and Exchange Commission charged Thursday.[more]
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