Mpelembe

UK's Brown gives ground on global tax on banks

2009-11-07T22:46:52+00:00

Britain's prime minister, Gordon Brown tells a G20 summit that governments should globally tax banks to fund future bailouts. The prime minister also meets with his Danish counterpart Lars Lokke Rasmussen ahead of a major ...

Business Update: blowout for Amazon.com

2009-10-23T19:58:29+01:00

Sales of previously owned homessurge to their highest level in over two years. Amazon.com posts blowout quarterly results and is bullish on holiday shopping season.

-- Sales of previously owned homes surged to their highest ...

Shock fall in British GDP dashes expectations of end to recession

2009-10-23T19:48:59+01:00

Britain is now experiencing its longest recession on record, new figures have revealed.

LONDON, UNITED KINGDOM (OCTOBER 23, 2009) ITN - Britain's economy contracted in the third quarter of this year, quashing hopes the downturn ...

Microsoft looks to rebound with Windows 7

2009-10-23T15:34:09+01:00

The world's largest software manufacturer aims to win back customers disappointed by its last operating system Vista and strengthen its grip on the PC market.

NEW YORK, NEW YORK, UNITED STATES (OCTOBER 22, 2009) REUTERS- ...

Blinder: US economy "pretty bad"

2009-10-21T21:02:23+01:00

Princeton economist and former Federal Reserve vice chairman Alan Blinder said the GDP is growing, but jobs are "still shrinking and are likely to shrink for a while yet."

-- Speaking to reporters after participating ...

Young Americans Say They Need Millions to Retire

2009-10-19T20:21:03+01:00

Survey Finds Young People See Need to Save Significantly More Than Today's
Adults

Milwaukee, Oct. 19 /PRNewswire/ -- Who needs to be a millionaire? Most young
adults think they'll need to be millionaires before they ...

Pricey apartment breaks record

2009-10-15T13:10:12+01:00

A Hong Kong flat sells for a world record price amid worries of a property bubble, while the government says it will reign in property prices.

A five-bedroom duplex on the lower slope of Hong ...

Time to go digital

2009-10-05T19:22:01+01:00

Magazine publisher Time Inc. is hoping to build on the popularity of electronic book readers with plans to form a consortium aimed at launching a digital newstand for mobile devices.

Time Warner magazine publishing unit ...

Finance Bank Zambia set to acquire a controlling stake in Zimbabwe's CFX Financial Services

2009-10-02T16:01:55+01:00

Zambian bank looks to invest in neighbouring Zimbabwe, taking over a smaller Zimbabwean bank as the country's economy shows signs of emerging from a decade-long slide.

LUSAKA, ZAMBIA (SEPTEMBER 30, 2009) REUTERS- Zambia's Finance Bank, ...

At home on the road

2009-09-30T10:48:24+01:00

Airstream, America's iconic trailer, has been popular in the U.S. and Canada for decades, now they're being manufactured for the European market and some people are even living in them.

Pete and Tracey Bull used ...

Conveyancing: What's Involved?

2009-09-27T08:44:32+01:00

Conveyancing: From Start To Finish
Author: David S Judge

The conveyancing process in Australia is complex. Due to
the many aspects involved in conveyancing, it is a process
that is largely misunderstood by the vast ...

Faculty in KPMG-AAA Survey See U.S. Economy, Students Impacted Without Adoption of Global Accounting Standards

2009-09-22T16:06:32+01:00

Half of professors say U.S. regulators show low sense of urgency about adopting global standards Cite magnitude of changes to curricula as most significant challenge

NEW YORK, Sept. 22 /PRNewswire/ -- Accounting faculty at universities ...

New Study Reveals Americans Choose to Generously Give to Others

2009-09-19T17:49:00+01:00

New poll finds most Americans regularly donate to charitable organizations;
Support focuses on religious groups, poverty and disaster relief

ATLANTA, Aug. 28 /PRNewswire-FirstCall/ -- While nine in 10 Americans
regularly donate to charitable causes, a ...

Bernanke: recession likely over

2009-09-15T20:00:55+01:00

Federal Reserve Chairman Ben Bernanke said the US recession is likely over, but the recovery will take time.

Federal Reserve Chairman Ben Bernanke that the worst U.S. recession since the Great Depression was probably over, ...

Lehmans - one year on

2009-09-15T15:18:56+01:00

One year after the collapse of Lehman Brothers, the joint administrator of the company's European operations calls for lessons to be learnt.

It was scenes like this outside the London offices of Lehman brothers last ...

Hong Kong Lehman Brothers investors demonstrate on anniversary

2009-09-15T14:07:49+01:00

Lehman investors demonstrate outside the Monetary Authority in Hong Kong on the one-year anniversary of the collapse of the Wall Street investment bank.

HONG KONG, CHINA (SEPTEMBER 15, 2009) REUTERS -- Braving storm warnings, a ...

Credit Card Certification Course for Young People Ages 21 and under

2009-09-14T14:38:14+01:00

Credit When Credit is Due Recognized Nationwide, Course is Now Online

SAN DIEGO--(Business Wire)--
A new credit card certification course for young people facing new credit card
restrictions is being made available online by the ...

Bankers to Butchers

2009-09-07T13:33:06+01:00

A butcher in London is offering evening classes to city slickers to teach the art of preparing cuts of meat.

A butchery in London's posh Marylebone area finds an increasing corporate clientele hungry to learn ...

Kraft to buy Cadbury

2009-09-07T10:11:43+01:00

NORTHFIELD, Ill., Sept. 7 /PRNewswire-FirstCall/ -- Kraft Foods will be conducting an analyst and investor conference call / webcast today to discuss its proposed combination with Cadbury plc . The company will hold an investor ...

September School Run Causes Car Insurance Claims Hike

2009-09-07T10:07:00+01:00

MANCHESTER, UNITED KINGDOM -- (Marketwire) -- 09/06/09 -- The new school term causes a dramatic rise in car insurance claims, according to Swinton, the UK's leading high street retailer of car insurance.

Swinton sees on ...

Sarkozy unveils new bonus rules for French banks

2009-09-04T17:58:19+01:00

French President Nicolas Sarkozy announced new limits on bonus payments to bank traders and said he would press partners in the Group of 20 nations to adopt the same standards.

PARIS, FRANCE (AUGUST 25, 2009) ...

Housing Timebomb-Britain's Pensioners Failing to Plan for Their Future

2009-09-04T09:28:46+01:00

LONDON, UNITED KINGDOM -- (Marketwire) -- 09/04/09 -- Research has revealed that a shockingly high number of retired people in the UK are failing to plan for their future and are not considering their housing ...

Britain joins Franco-German call to discuss limits on bank bonuses for the Group of 20 summit in Pittsburgh

2009-09-03T20:46:48+01:00

Britain joins a call by France and Germany to discuss limits on bank bonuses for the Group of 20 summit scheduled to be held in Pittsburgh.

LONDON, ENGLAND, UNITED KINGDOM (SEPTEMBER 3, 2009) ITN - ...

House Price Declines Continue to Moderate

2009-09-03T08:22:24+01:00

Economic Conditions Remain Dire, but Housing Market May Be Stabilizing

LEXINGTON, Mass.--(BUSINESS WIRE)--House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the ...

Madoff beach house is up for sale

2009-09-02T17:58:27+01:00

U.S. Federal marshals are putting Bernard Madoff's beach house on the market as part of a string of asset sales intended to raise funds for defrauded investors.

MONTAUK, NEW YORK, UNITED STATES (SEPTEMBER 1, 2009) ...

China money policy change?

2009-09-02T14:24:37+01:00

Eyes are on China real estate and share prices, as a record credit surge gives way to tighter lending.

With tighter lending by Chinese banks, a drop in property investment and high housing prices, the ...

Schaeffer’s 10 Tips for Winning: How Trading Options is Like Fantasy Football

2009-09-02T10:47:45+01:00

CINCINNATI--(BUSINESS WIRE)--The world of options – like the world of fantasy football – can be a scary place for rookies. However, while the rules, the research, and the rhetoric of each are often intimidating in ...

French turn to 'cash cows'

2009-09-01T13:55:27+01:00

As the world grapples with the global economic recession, French investors are turning to cows as an alternative to low interest rates offered by banks.

Savers disappointed by low returns might like to think about ...

Xbox, Playstation in price war

2009-08-28T00:28:41+01:00

Microsoft is slashing the price on its high-end Xbox just days after rival Sony cut the price on its Playstation 3.

The game is getting more intense between Microsoft's Xbox 360 and rival Sony's Playstation ...

AIG new boss justifies vacation

2009-08-27T19:37:08+01:00

New AIG boss Robert Benmosche defends his decision to holiday abroad days after becoming the chief executive of the bailed-out American insurer.

Days after being appointed AIG's new boss, Robert Benmosche surprised many on Wall ...