Biz News Archive

Business news, business plans and more

Spanish town cancels bullfighting

Residents of a small town in central Spain vote to cancel their annual bullfighting festival because of the economic crisis.
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From Honda, a Mind-Reading Robot

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Demand overwhelms pension site

The government’s online pension forecast service has been failing to cope with “unprecedented demand” in recent days.
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HP Is ‘Studying’ Android for PC Use

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Japan’s business confidence drops

Business confidence in Japan is now at a record low as the country the global financial crisis hits hard.
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Petrol tax rise comes into force

Motoring organisations condemn a 1 April hike in fuel duty, saying it could lead to further job losses.
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China deal for Australian miner

Australia’s Oz Minerals agrees to sell most of its assets to China’s Minmetals just days after a deal had been blocked.
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H-1B Visa Season Is Here

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Halt to post sell-off called for

The government must stop Royal Mail privatisation plans until it has explained what the deal involves, MPs say.
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Shoppers ‘deserting High Street’

Consumers continue to stay away from the High Street in March, with shoppers down 1.7% from last year.
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G20 leaders gather amid security

World leaders gather in London to discuss ways to resolve the worst financial crisis since the 1930s amid warnings of protests.
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Bonds edge up on weak data

Treasury prices managed a modest advance Tuesday, trading thinly and reversing directions frequently on the last day of the first quarter of 2009.
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Oil ends just shy of $50

Oil prices ended the session higher on Tuesday, just shy of the $50 a barrel threshold, as a Wall Street rally picked up steam late in the trading day.
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Stocks: An Upward March

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Facebook Ousts its CFO

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Obama arrives in UK ahead of G20

US President Barack Obama arrives in the UK for his first major foreign visit since taking office in January.
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When government calls the shots

Forget about the debate over stimulus “coordination” coming out of the March G-20 meeting, or whether some countries, like France and Germany, should do more. The fact is, between China’s $586 billion stimulus, Japan’s $200 billion, and U.S. government outlays that will soon be the highest share of GDP since World War II, we’re already [...]

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Oil trades in a tight range

Oil prices churned Tuesday as investors weighed a rally in the stock market, excess supply of crude oil and concern over the struggling U.S. auto industry.
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Break Up the Banks

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Oil prices gain

Oil prices rose Tuesday as a Wall Street rally picked up steam late in the trading day.
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Sacked staff occupy car factory

Workers at a factory in Belfast say they will not leave until they can reach agreement over terms of redundancy.
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