GM will keep Germany's Bochum plant open, chief says
Duesseldorf, Germany - A threatened Opel car plant in the German city of Bochum will not now be closed, General Motors' (GM) European Chief Executive Nick Reilly said Tuesday. The 4,900 staff at the plant in western Germany had feared closure under G...
[Posted on :
2009-11-24 ] Category : [
Business ]
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Thai shares down 2 per cent on fears of political violence
Bangkok - Thai shares fell 2 per cent Tuesday as investors became worried that weekend protest rallies could turn violent, as well as on sharp declines in share prices in China and Hong Kong, brokers said. The Stock Exchange of Thailand index ended a...
[Posted on :
2009-11-24 ] Category : [
Business ]
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German business confidence, GDP rise strongly - Summary
Berlin - German business confidence rose for the eighth consecutive month in November, beating analysts' forecasts, a key survey released Tuesday showed, as signs emerge that recovery is gaining ground in Europe's biggest economy. In a major test of ...
[Posted on :
2009-11-24 ] Category : [
Business ]
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Lloyds bank provides details on massive rights issue
London - Lloyds Banking Group Tuesday set out details of its plan to raise 13.5 billion pounds (22.3 billion dollars) in finance from shareholders in what is the biggest rights issue in British banking history, the bank said. Lloyds is offering 36 bi...
[Posted on :
2009-11-24 ] Category : [
UK (Business) ]
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Tokyo stocks down on worries about domestic finances - Summary
Tokyo - Stocks lost ground in Tuesday in Tokyo due to concerns about the state of government and private sector finances and the stronger yen. The benchmark Nikkei 225 Stock Average lost 96.1 points, or 1.01 per cent, to end trading at 9,401.58. ...
[Posted on :
2009-11-24 ] Category : [
Business ]
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Tokyo stocks down on worries about domestic finances, strong yen
Tokyo - Stocks lost ground in Tuesday morning trading in Tokyo due to concerns about the state of government and private sector finances and the stronger yen. The benchmark Nikkei 225 Stock Average lost 50.32 points, or 0.53 per cent, to stand at 9,4...
[Posted on :
2009-11-24 ] Category : [
Business ]
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German business confidence set to rise
Berlin - German business confidence rose for the eighth consecutive month in November, analysts predict a key survey to be released Tuesday will say, as signs emerge that recovery is gaining ground in Europe's biggest economy. In a major test of the ...
[Posted on :
2009-11-24 ] Category : [
Business ]
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US stocks gain on surprise home sales recovery
New York - US stocks surged Monday after the release of some surprisingly buoyant data on home sales. Existing home sales surged to 6.1 million units in October, the highest annualized rate since February 2007 and up 10.1 per cent from September, acc...
[Posted on :
2009-11-23 ] Category : [
US (Business) ]
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