Greeks riot as parliament OKs austerity plan

Protests and riots break out in Athens over a government plan to impose new spending cuts and taxes to defuse the country?s debt crisis.The Greek parliament approved new spending cuts and taxes Friday aimed at defusing the country's debt crisis, while protesters opposed to the measures fought with police outside.





Austerity - Police - Hellenic Parliament - Government - Greece
[Fri, 5 Mar 2010 16:06:59 GMT]
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Men losing more jobs than women worldwide

People wait for their turn at a government job centre in Malaga, southern Spain.The global recession has caused more men than women lose their jobs around the world, following a pattern already well established in the U.S., according to new research.






United States - Recession - People - Business - Women
[Fri, 5 Mar 2010 15:46:25 GMT]
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GE plans new export: outdoor smoking ban
General Electric is known for exporting American products like washing machines and jet engines. The U.S. conglomerate is getting ready to ship out another trend: the outdoor smoking ban.


General Electric - Jet engine - United States - Washing machine - Business
[Thu, 4 Mar 2010 20:48:15 GMT]
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Chile's economy thrashed by earthquake

A boat lies marooned near the coast in Talcahuano, Chile, Monday. An 8.8-magnitude earthquake struck central Chile early Saturday, causing widespread damage.Chile's quake has already forced tens of thousands into unemployment and will almost certainly mean higher salmon prices at U.S. supermarkets and increased wine costs.





Chile - Earthquake - South America - United States - Science and Environment
[Wed, 3 Mar 2010 16:53:53 GMT]
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Hedge funds may have illegally bet against euro
Wall Street's largest hedge funds may have acted together in betting against the euro, and the Justice Department reportedly requested they retain papers documenting their trades.



Hedge fund - United States Department of Justice - Wall Street - Investing - Business
[Wed, 3 Mar 2010 20:45:47 GMT]
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Greece approves stringent new austerity plan

Greek Prime Minister George Papandreou makes statements after a meeting with Greek President Karolos Papoulias in Athens.Greece announced painful new austerity measures Wednesday, winning approval from the EU as it tries to snuff out a financial crisis that threatens Europe's economy.





Greece - Government - Travel and Tourism - European Union - Business
[Wed, 3 Mar 2010 16:54:23 GMT]
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Brazil says that?s too hot to Paris Hilton ad
It's confirmed: Paris Hilton is too hot for Brazil.


Paris Hilton - Brazil - South America - Travel and Tourism - Beer
[Tue, 2 Mar 2010 18:36:03 GMT]
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Apple sues HTC over iPhone patents
Apple Inc. said Tuesday that it is suing Taiwan's HTC Corp., accusing the handset maker of violating patents related to the iPhone.



Apple - iPhone - HTC Corporation - Smartphone - HTC
[Wed, 3 Mar 2010 00:03:31 GMT]
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Apple audit exposes serious labor law violations
Apple Inc. said it found more than a dozen serious violations of labor laws or Apple's own rules at its suppliers that needed immediate correction.


IPhone - Apple - Smartphones - Handhelds - IPod
[Mon, 1 Mar 2010 21:23:12 GMT]
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Toyoda apologizes during visit to China

Toyota Motor Corp. President Akio Toyoda attends a news conference in Beijing on Monday.Toyota President Akio Toyoda sought to ease quality concerns during a visit to China, fresh from a grueling hearing in the U.S. Congress over his company's biggest safety crisis.





China - 1972 Nixon visit to China - Asia - United States Congress - Toyota
[Mon, 1 Mar 2010 18:27:03 GMT]
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Chile quake could end up costing $30 billion
A devastating earthquake in Chile will set back the country's recovery from recession and put pressure on central bankers to keep interest rates low to help the economy.


Chile - Earthquake - South America - Google - Government
[Sun, 28 Feb 2010 19:10:55 GMT]
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[Sun, 28 Feb 2010 19:10:55 GMT]
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Germany?s Merck buying Millipore for $7.2B
German pharmaceutical company Merck KGaA will buy U.S. biotech equipment maker Millipore Corp. in a deal valued at $7.2 billion including debt, according to media reports.


Merck KGaA - Pharmaceutical industry - Kommanditgesellschaft auf Aktien - Business - Germany
[Mon, 1 Mar 2010 01:12:17 GMT]
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Prudential reportedly buying AIG Asian unit
The board of American International Group Inc. has approved the sale of its Asian life insurance arm to British life insurer Prudential PLC, according to media reports Sunday.


American International Group - Prudential PLC - Insurance - Life insurance - Business
[Sun, 28 Feb 2010 23:37:56 GMT]
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Forbes: World?s most powerful billionaires

As mayor of New York City, Michael Bloomberg lords over the media, finance and fashion capital of the U.S. ? and arguably the world.Every billion-dollar fortune comes with power and influence. But few  have the mix of money, industrial might and political prowess to earn a spot among the world's most powerful billionaires.





Billionaire - Forbes - Kids and Teens - School Time - United States
[Wed, 24 Feb 2010 12:32:08 GMT]
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EC launches Google competition probe
The European Commission is looking into complaints from three online companies that Google's search functions penalized their businesses, The Daily Telegraph reported.


Google - European Commission - Microsoft - The Daily Telegraph - Yahoo
[Wed, 24 Feb 2010 00:58:59 GMT]
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Britain tells EMI to let Abbey Road Studios be
Officials say Britain's culture minister has officially declared The Beatles' Abbey Road Studios a historic building.



Abbey Road Studios - Beatles - EMI - Abbey Road - Music
[Tue, 23 Feb 2010 21:39:29 GMT]
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Newsweek: Why Africa may be the new Asia
This year and in 2011, Africa will grow by 4.8 percent?the highest rate of growth outside Asia. On a per capita basis, Africans are already richer than Indians, and a dozen African states have higher gross national income per capita than China.


Africa - China - Asia - Business and Economy - Gross national income
[Tue, 23 Feb 2010 21:54:01 GMT]
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Strike on hold, Lufthansa flights still irregular
Thousands of pilots have gone back to work at German airline Lufthansa after a strike was suspended but the carrier warned Tuesday that its flight schedule won't return to normal until later this week.


Lufthansa - Airline - Business - Recreation - Aviation
[Tue, 23 Feb 2010 10:26:00 GMT]
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Lufthansa pilots to suspend strike

Lufthansa airplanes are seen on the ground during a strike of Lufthansa pilots in Duesseldorf, western Germany, on Feb 22.A four-day walkout by Lufthansa pilots that upended travel plans for 10,000 people will be cut short after the airline and their union agreed to suspend the strike and hold talks.





Lufthansa - Airline - Business - Germany - Job security
[Mon, 22 Feb 2010 19:36:37 GMT]
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Can low-paying garment industry save Haiti?

All sides agree that garment-industry wages are too low to feed, clothe and house workers and their families. Even factory owners acknowledge that reality.  Jordanie Pinquie Rebeca leans forward and guides a piece of suit-jacket wool and its silky lining into a sewing machine, where ? bat! bat! bat! ? they're bound together to be hemmed.





Sewing machine - Textile - SEW - Business - Textiles and Nonwovens
[Sun, 21 Feb 2010 20:51:30 GMT]
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Lloyds says chief executive gives up bonus
Lloyds Banking Group said Monday that chief executive Eric Daniels has turned down his 2.3 million pound ($3.6 million) bonus for 2009, becoming the fourth top UK banking executive to refuse his bonus.



Lloyds Banking Group - Eric Daniels - Business - Bank - Chief executive officer
[Mon, 22 Feb 2010 17:29:12 GMT]
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China moves to tighten lending rules for banks
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts in a new step to rein in lending.



China - Asia - Business - Maps and Views - Financial Services
[Sun, 21 Feb 2010 19:34:36 GMT]
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Whistler reportedly wins auction reprieve

In 2006, Fortress paid $2.8 billion for Intrawest, which operates several elite resorts in North America. With property prices sagging, Fortress is now reportedly behind on a $1.4 billion loan.An auction that would sell off the resort hosting Olympic Alpine events in the middle of the games has reportedly been postponed by a week ? until two days before the closing ceremony.





Olympic Games - Whistler British Columbia - sport - Olympics - Events
[Fri, 19 Feb 2010 23:24:24 GMT]
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French wine, spirits exports in record drop

French exports of wine and spirits fell 17 percent last year. French exports of expensive Champagne and cognacs suffered a record drop last year as people drank less and switched to cheaper brands in the U.S. and Britain, its biggest foreign markets.





United States - French wine - Wine - Food - Beverages
[Thu, 18 Feb 2010 22:32:00 GMT]
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Apple suppliers in Far East work in an iFortress

Foxconn's factory in Guanlan in the southern Chinese province of Guangdong is essentially a walled city.Apple goes to what one person in the business termed "extreme lengths" to protect even the smallest details of its products under development.





Far East - Apple - Business - Macintosh - Apple II
[Thu, 18 Feb 2010 12:40:52 GMT]
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EU sets deadline for Greece to explain finances
Greece has only days to explain its use of financial deals that it used to mask debt and just a month to prove that its drastic budget cuts go far enough to reassure markets and the EU.



Greece - European Union - Finance - Government - Business
[Tue, 16 Feb 2010 23:25:45 GMT]
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Study: Haiti quake may be costliest, deadliest

Haitians line up for drinking water on Tuesday.The cost of rebuilding impoverished Haiti after last month's catastrophic earthquake could reach nearly $14 billion, making it proportionately the most destructive natural disaster in modern times.





Haiti - Latin America - Caribbean - Business and Economy - Organizations
[Tue, 16 Feb 2010 21:35:07 GMT]
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Greece pleads for time at eurozone debt talks
European finance ministers have told Greece to prepare tougher spending cuts and impose new taxes, including a tax on luxury goods and cars, to fix its debt crisis.


Greece - Finance - European Union - Business - Government
[Mon, 15 Feb 2010 22:30:46 GMT]
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