Archive for the ‘Business’ Category

BP Gains Access to Brazilian Offshore Fields

Thursday, March 11th, 2010

BP is paying Devon Energy $7 billion for oil and gas assets in Brazil, the Gulf of Mexico and Azerbaijan.

226ac3e48deus.gif BP Gains Access to Brazilian Offshore Fields

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BP Gains Access to Brazilian Offshore Fields

Airline Group Halves Forecast for Losses in 2010

Thursday, March 11th, 2010

The International Air Transport Association said passenger traffic was increasing due to a stronger-than-expected economic recovery in emerging markets.

226ac3e48deus.gif Airline Group Halves Forecast for Losses in 2010

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Airline Group Halves Forecast for Losses in 2010

Chinese Consumer Prices Rose 2.7 Percent

Thursday, March 11th, 2010

The year-on-year rise in February was partly attributable to the Lunar New Year holiday but also to rising inflationary pressures in China’s economy.

226ac3e48deus.gif Chinese Consumer Prices Rose 2.7 Percent

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Chinese Consumer Prices Rose 2.7 Percent

Asian Stocks Drop After China Inflation and Lending Data

Thursday, March 11th, 2010

Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and quickening inflation.

226ac3e48deus.gif Asian Stocks Drop After China Inflation and Lending Data

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Asian Stocks Drop After China Inflation and Lending Data

TARP Oversight Panel Finds Fault With GMAC Bailouts

Thursday, March 11th, 2010

A report to be released Friday questions the Bush administration’s decision to rescue “a company that apparently posed no systemic risk to the financial system.”

226ac3e48deus.gif TARP Oversight Panel Finds Fault With GMAC Bailouts

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TARP Oversight Panel Finds Fault With GMAC Bailouts

Driven to Distraction: Distracted Driving in Ambulances and Police Cruisers

Thursday, March 11th, 2010

Despite efforts to get drivers to stop texting, police officers and paramedics use an array of dashboard gadgets.

226ac3e48deus.gif Driven to Distraction: Distracted Driving in Ambulances and Police Cruisers

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Driven to Distraction: Distracted Driving in Ambulances and Police Cruisers

Bill to Include Agency That Tracks Financial Risk

Thursday, March 11th, 2010

The main purpose of the agency, sometimes referred to as the National Institute of Finance, would be to flag problems in the industry before they spread and threaten the wider economy.

226ac3e48deus.gif Bill to Include Agency That Tracks Financial Risk

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Bill to Include Agency That Tracks Financial Risk

EMI Music Names a New Chief

Thursday, March 11th, 2010

Charles Allen was named executive chairman of EMI Music. He replaces Elio Leoni-Sceti, who is leaving the company.

226ac3e48deus.gif EMI Music Names a New Chief

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EMI Music Names a New Chief

Gary Gensler’s Conversion to Financial Reformer

Thursday, March 11th, 2010

Gary Gensler, head of the Commodity Futures Trading Commission, is the leading contender to oversee the instruments that played a key role in the financial crisis.

226ac3e48deus.gif Gary Gensler’s Conversion to Financial Reformer

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Gary Gensler’s Conversion to Financial Reformer

Northrop Withdrawal Brightens Boeing’s Future

Thursday, March 11th, 2010

Boeing will now have some welcome certainty about its future as a major builder of military aircraft.

226ac3e48deus.gif Northrop Withdrawal Brightens  Boeing’s Future

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Northrop Withdrawal Brightens Boeing’s Future