Sector roundup: Most Chinese Web companies rise, oil tankers mostly
Posted by: admin in Latest NewsSector roundup: Most Chinese Web companies rise, oil tankers mostly
CNBC - NEW YORK (AP) _ Chinese World wide web stocks mostly rose Monday, with Baidu.com Inc. gaining after a Pacific Crest analyst raised his rating for the stock to “Outperform” on expectations for good fourth-quarter results and sustainable growth. NEW YORK (AP
Doing Well by Doing Good: IBM Study Says Businesses Seeking Growth
MSN MoneyCentral - Companies believe that when they are more open with stakeholders and place social responsibility at the core of their business strategy they’ll be more competitive, attract and retain the best talent, and gain access to new business opportunities
Illegal net users to be cut off
MSN UK News - Some six million people are estimated to download files illegally each year in the UK, costing music and film companies billions in lost revenue. Major ISPs such as BT, Virgin and Tiscali have been in talks with the entertainment industry over
Gas row overshadows Moscow speaks
BBC News - On Monday, Gazprom and the Ukrainian state energy companies failed to resolve the gas debt dispute during several hours of speaks. Gazprom extended its deadline for slicing a quarter of gas supplies to Ukraine until 1500GMT on Tuesday, to allow Mr
Chocolate conspiracy suspected
Boston Globe - Authorities suspect that the companies may have colluded to raise prices. Authorities also seized documents at the headquarters of a local favorite, Ritter Sport. “They seem to think we’ve improperly exchanged information,” stated Petra Fix, a
RBA may cut interest rates next year
News.com.au - COMPANIES are getting more and more worried about the deterioration in financial markets with business confidence falling to its lowest level since 2001, but a fall in interest rates next year is likely, according to an economist. The National
AIG acknowledges record-keeping flaws and raises losses to $5 billion
International Herald Tribune - International Group significantly understated the insurance giant’s losses on complex financial instruments linked to mortgages and corporate debt, AIG stated Monday, raising new questioning about the deteriorating health of financial companies. The
Disney case highlights China supply pitfalls
International Herald Tribune - The circumstances surrounding the case Huang filed with four colleagues last year recommend that firms such as the Walt Disney Co that outsource production to licensees are more exposed to poor labour practices than companies with more direct control
London elections 2008
Guardian Unlimited - There has been a big increase in bus numbers on Livingstone’s watch, and the mayor has attempted to get to grips with the numerous private companies that run London’s largely-privatised transport system. The long-awaited Crossrail project, running
Hedge Funds Pressure N.Y. Times Co.
Washington Post - The Times Co., like many media companies, has a dual-class ownership structure that gives it access to public money while allowing the Ochs-Sulzberger family to retain control through super-voting Class B shares. Family members represent nine of the
Democrats in a Race for Edwards
Washington Post - Although Edwards did not win a Democratic caucus or primary, he developed a strong following among working-class white voters with his vow to close corporate tax loopholes that encourage companies to shift jobs overseas. As a campaign surrogate
Israeli exporters alarmed by soaring shekel
Financial Times - The Manufacturers Association of Israel predicts a surging shekel will wipe billions of dollars off companies’ profits, cause thousands of job losses and slow overall growth. Shraga Brosh, the association’s president, states if the currency remains
Microsoft’s Yahoo bid ‘too low’
News.com.au - While some long-term shareholders have since sold out to short-term investors betting on the outcome of the deal, the large funds with a stake in both companies are in a tough spot. On one hand, they do not want Microsoft to overpay for Yahoo, but they











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