US stocks mixed at week's end
New York - US stocks were mixed on Wall Street Friday, with an unexpected increase in retail sales as shoppers defied heavy snow in February, boosting some results. Retail sales rose in February by 0.3 per cent, the US commerce department said. A dec...
[Posted on :
2010-03-13 ] Category : [
US (Business) ]
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Hungarian motorcycle racetrack in doubt after bank refuses funding
Budapest - A planned MotoGP racetrack in Hungary was in doubt on Friday when the state-owned Hungarian Development Bank refused to sign a 15.3-billion-forint (79-million-dollar) loan contract with the developers. The bank's communications director Ka...
[Posted on :
2010-03-12 ] Category : [
Business ]
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Britain gives loan guarantees to GM Europe
London - The British government will grant 270 million pounds (410 million dollars) in loan guarantees to the European arm of car giant General Motors (GM) in order to help secure Vauxhall operations in Britain. Business Secretary Peter Mandelson sai...
[Posted on :
2010-03-12 ] Category : [
UK (Business) ]
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