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…
Continue Reading
Heard on the Street: Vodafone Pulls Up its Flag in China Mobile – Wall Street Journal
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
Vodafone must pay $2.6bn India tax bill – BBC News
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
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.
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 …
Continue Reading
BP releasing report on gulf well blowout – Washington Post
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
Asian Shares End Lower; Yen Strength Hurts Japan Exporters – Wall Street Journal
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
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…
Continue Reading
Irish govt meets on Anglo; banks, bonds deep in red – Reuters
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
Gold Prices Approach Record High – Wall Street Journal
Posted on 08. Sep, 2010 by Business - Google News.
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…
Continue Reading
Richemont sales beat forecast, Asian demand soars – Reuters
Posted on 08. Sep, 2010 by Business - Google News.
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 …

