Business and Finance News
 BP scaling back oil response efforts
Saudi Arabia News.Net
BP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board vote.
 Unemployment soaring for Spain
Saudi Arabia News.Net
Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen years.
Coal India IPO likely between Oct 18-21
Times Of India
KOLKATA: The country's largest coal producer, Coal India Limited (CIL), expects to make its maiden public offering of shares between October 18 and 21, a top official said on Saturday. "Our IPO ...
China No. 2 eco, topples Japan
Times Of India
BEIJING: China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. Dependi...
Obama: Republicans holding small businesses "hostage"
Fox Business
By Ross Colvin WASHINGTON (Reuters) - U.S. President Barack Obama Saturday accused Republicans of holding American small businesses "hostage to politics" after Republican senators refused to back...
ICICI Bank Profit up 17 Percent on Better Loans
ABCNews
ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. Net profit in ...
Obama Decries GOP Over Small Business Lending Bill
ABCNews
President Barack Obama waves as he exits Air Force One at Andrews Air Force Base, Md., Friday, July 30, 2010, after returning from a trip to Michigan. (AP Photo/Cliff Owen) (AP) President Barack Obama...
Poles Hope Deadly Knights Will Now Bring Some Good
ABCNews
They were bloody medieval warriors who spread Catholicism by the sword and seized Polish lands with great cruelty. But that's not stopping the Polish city of Kwidzyn from capitalizing on the aura surr...
ATF prices to go up by 2.7% from midnight
Times Of India
NEW DELHI: State-owned oil firms today raised jet fuel, or ATF, prices by 2.7 per cent after lowering the rates at the last fortnightly revision on July 16. Aviation Turbine Fuel (ATF) rates in ...
Jamaica sells 3 sugar plants to China's Complant
Fox Business
July 31, 2010 KINGSTON (Reuters) - China National Complete Plant Import & Export Co Ltd signed a US$9 million agreement on Friday to buy three Jamaican government-owned sugar factories. Jama...
BP may sell German gas stations for $2.6 billion
Reuters
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment ba...
Video: Raging Wildfire in So. Calif.
CBS News
A wall of flames roared through the hills just outside Los Angeles Thursday night, as fire officials continue to fight to control the blaze. Ben Tracy reports from Palmdale, Calif.
Video: BP Scales Back
CBS News
Families of soldiers serving at war often worry that they will one day face that dreaded knock at the door. Terry McCarthy reports on the spouses back home of the "Thundering Third" battalion.
Video: Main Street's Slow Recovery
CBS News
Friday: Economic recovery not as strong as originally thought; Also, military spouses face dread over bad news; And, a farm sanctuary that helps both animals and humans.
Video: Economic Recovery Slowdown
CBS News
There have been some troubling signs lately of a fiscal slowdown for the U.S. economy. As Anthony Mason reports, economic growth was down in the second quarter of this year.
Video: World's Most Expensive Hot Dog
CBS News
It's official; the Guiness World Records has declared the "haute dog" at New York's legendary Serendipity 3 as the most expensive hot dog in the world, at $69 a serving. CBSNews.com's Karina Mitchell ...
GM Hikes Production Capacity for Volt by 50%
CBS News
(AP) General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year. GM will now have a ...
Gas Station Owners Divided on Nixing BP Brand
CBS News
(AP) BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effor...
Paperwork Nightmare: A Struggle to Fix New Law
ABCNews
Tucked into the nation's massive new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. The rule: They must file tax forms for every vendor t...
House Approves Oil Spill Bill; Stalled in Senate
ABCNews
Demonstrator Mary Ann Thomas wears chocolate syrup on her face next to a similarly stained stuffed duck on a fence during a protest in Berkeley, Calif. on Friday, July 30, 2010 to mark the 100th day a...
Arizona immigration law appeal set for November
Fox Business
July 31, 2010 * Court to hear Arizona's appeal on immigration law * Request for expedited hearing denied PHOENIX, Ariz. (Reuters) - A U.S. court denied a request for an expedited hearing Frida...
Arena Rises As Editorial Raises Questions About Rival
Fox Business
ARNA ) stock rose 14% on optimism for its experimental weight-loss drug Lorcaserin, after an editorial in a medical journal raised questions about the need for more data from a potential rival treatme...
Out of Pilots, Philippine Airline Grounds Flights
ABCNews
Good morning, passengers, and welcome aboard. We're expecting clear skies today, but we're out of pilots. National air carrier Philippine Airlines had to cancel at least five flights Saturday — o...
Seardel sees loss 23.4 cents vs 53.3 cents earnings
Business Report
Submit your comment Seardel last week reported that its headline loss per share for the six months ended September 2009 was at 23.4 cents, down 56.2 percent from the 53.3 cents reported last year. ...
HCI: Seardel gives earnings boost
Business Report
Submit your comment Hosken Consolidated Investments (HCI) reported a 17 percent rise in full-year earnings yesterday, helped by growth in its media business and its stake in textile firm Seardel. H...
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