Stocks set to bounce back – CNNMoney

Posted on 08. Sep, 2010 by Business - Google News.

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Stocks set to bounce backCNNMoneyBy CNNMoney.com staffSeptember 8, 2010: 7:10 AM ET NEW YORK (CNNMoney.com) — Stocks were poised to rebound Wednesday, as investors awaited a economic recovery proposal from President Obama and braced for the first batc…

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Heard on the Street: Vodafone Pulls Up its Flag in China Mobile – Wall Street Journal

Posted on 08. Sep, 2010 by Business - Google News.

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Reuters UKHeard on the Street: Vodafone Pulls Up its Flag in China MobileWall Street JournalOnly from China can a company leave with both a bundle of cash and dashed hopes. The latest is Vodafone, which has sold its holding in China Mobile for $6.6 bil…

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Vodafone must pay $2.6bn India tax bill – BBC News

Posted on 08. Sep, 2010 by Business - Google News.

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Reuters IndiaVodafone must pay $2.6bn India tax billBBC NewsAn Indian court has upheld a tax department demand for the mobile phone giant, Vodafone, to pay a 120bn rupees ($2.6b; £1.7bn) tax bill. The bill relates to a $11.1bn deal it struck three yea…

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Hurd’s Base Pay $950K/Yr At Oracle, Could Get $10M Bonus >ORCL – Wall Street Journal

Posted on 08. Sep, 2010 by Business - Google News.

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Telegraph.co.ukHurd's Base Pay $950K/Yr At Oracle, Could Get $10M Bonus >ORCLWall Street JournalOracle Corp. (ORCL) said it will pay Mark Hurd, its new co-president, an annual base salary of $950000 and be eligible for up to a $10 million bonus …

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BP releasing report on gulf well blowout – Washington Post

Posted on 08. Sep, 2010 by Business - Google News.

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Telegraph.co.ukBP releasing report on gulf well blowoutWashington PostOil giant BP is releasing a massive internal report Wednesday morning on the cause, or causes, of the April 20 blowout that killed 11 workers, sank the Deepwater Horizon drilling rig…

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Asian Shares End Lower; Yen Strength Hurts Japan Exporters – Wall Street Journal

Posted on 08. Sep, 2010 by Business - Google News.

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Kansas City StarAsian Shares End Lower; Yen Strength Hurts Japan ExportersWall Street JournalSINGAPORE (Dow Jones)–Asian stock markets were mostly lower Wednesday as renewed concerns over the health of European banks hurt sentiment. Exporter shares dr…

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Greek GDP Revised Down – Wall Street Journal

Posted on 08. Sep, 2010 by Business - Google News.

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AFPGreek GDP Revised DownWall Street JournalATHENS—Greek second-quarter gross domestic product was revised down to show a 1.8% fall from the first three months of the year compared with the initial estimate of a 1.5% decline, the country's statis…

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Irish govt meets on Anglo; banks, bonds deep in red – Reuters

Posted on 08. Sep, 2010 by Business - Google News.

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RTE.ieIrish govt meets on Anglo; banks, bonds deep in redReutersDUBLIN, Sept 8 (Reuters) – Ireland's cabinet was nearing a decision on how to deal with troubled Anglo Irish Bank on Wednesday, officials said, after an extension of state support fail…

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Gold Prices Approach Record High – Wall Street Journal

Posted on 08. Sep, 2010 by Business - Google News.

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ReutersGold Prices Approach Record HighWall Street JournalLONDON—Spot-gold prices edged closer to June's record high on Wednesday as concerns about the European banking system continued to support safe-haven buying. Spot gold was trading slightly…

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Richemont sales beat forecast, Asian demand soars – Reuters

Posted on 08. Sep, 2010 by Business - Google News.

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Live Trading NewsRichemont sales beat forecast, Asian demand soarsReutersBy Silke Koltrowitz ZURICH, Sept 8 (Reuters) – Swiss luxury goods group Richemont's (CFR.VX) five-month sales jumped 37 percent, beating forecasts and confirming a rebound in …

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