Business and Finance News
- 20 oil basins discovered in Indonesia
Scotland News.Net
At least 20 new basins of oil and gas have been found in eastern Indonesia.
- Australian banks reduce interest rates
Scotland News.Net
Australia's big four banks have dropped their fixed interest rates as the pressure on funding costs ease.
- Religious holy month brings roster changes
Scotland News.Net
Bahraini authorities have issued a new order specifying the working hours at government offices and other establishments during the Islamic holy month of Ramadan.
- Microsoft browser features new privacy mode
Scotland News.Net
The latest version of Microsoft's Internet browser includes a piece of software that allows users to surf the Web without leaving a trace.
- Pop singer sued over film loan
Scotland News.Net
Pop superstar Madonna has been sued by financier Jay Dykes Jr. who alleges that she has failed to repay a loan of over $400,000 that she took to make a movie in 2006.
- U.S. stock markets close in positive territory
Scotland News.Net
U.S. equity markets had a rare up day Wednesday with all indices finishing in the black.
- Fannie Mae fights back but loses executives
Scotland News.Net
Mortgage finance giant Fannie Mae has made changes to its executive ranks, after investors appeared less certain a government bailout of the company might be imminent.
- Durable goods statistics improve in US
Scotland News.Net
New orders for long-lasting US manufactured goods rose by a surprise 1.4% in July, led by a big increase in civilian aircraft sales.
- Bangladesh scientists turn waste into oil
Scotland News.Net
Scientists in Bangladesh have developed ways to produce petroleum from degradable organic municipal waste and are now studying its feasibility before going to commercial production.
- Qatar National buys stake in Dubai bank
Scotland News.Net
Qatar National Bank has bought 24 per cent of Dubai's Commercial Bank International for US$302 million.
- Microsoft unveils Internet Explorer 8, its response to Firefox
Scotland News.Net
Microsoft has unveiled a trial version of a new Internet Explorer designed to fight the growing challenge from Firefox.
- Microsoft Office Live Small Biz suffers outage, possibly lost e-mail
Computerworld
... discussion forums for the Web service , which is used by more than a million small companies. Through a spokeswoman, Microsoft acknowledged Tuesday that a "brief, isolated" e-mail outage occurred...
- Pakistan stocks rise after exchange sets price floor
MarketWatch
Pakistani equities climbed Thursday, breaking a long losing streak after the Karachi Stock Exchange imposed an emergency floor under share prices aimed at stemming the...
- SMG attacks ITV network payment claims
Guardian
SMG intends to call in a third-party auditor to disprove ITV plc's claim that its TV business, which operates the two ITV franchises for Scotland, does not pay enough for network programming such as...
- Gold volatile as the dollar changes course
MarketWatch
Gold futures moved between positive and negative territory Thursday, tracking volatility in the U.S. dollar and taking support from safe-haven buying on tensions between...
- Homeowners Choice posts first earnings report as public company
The Business Journal
... said net income for the second quarter of 2008 was $2.8 million, or 54 cents a share, on net premiums earned of $9.8 million. For the six months ended net income was $6.7 million, or $1.30...
- $250,000 a middle-class salary
MSNBC
Jason Furman in the Wall Street Journal in mid-August, promises to improve the nation's fiscal standing by scaling back tax cuts for people making more than $250,000. Since then, the business pundit...
- U.S. stocks strike solid gains on second-quarter GDP
MarketWatch
U.S. stocks struck solid gains Thursday, with the Dow Jones Industrial Average and S&P 500 advancing for a third straight day, as financial shares rallied and the government...
- London Facing Bus Strike Chaos
Sky News
The 24-hour walkout will start at 3am is expected to bring travel chaos to the capital. It involves 2,500 staff at First Capital East Buses and First Centrewest Buses. Their union - Unite - says...
- Thomas Steams To World Record
Sky News
Tomy, the company behind the toy version, built the track which measures more than a mile at the Drayton Manor theme park in Staffordshire. The track, made from 10,530 separate pieces, was long...
- Clean, green, going nowhere
MSNBC
But natural gas cars have their limitations. The GX is the only production car available in the United States that runs on compressed natural gas, or CNG, and is sold only in New York and California...
- Oil stocks nudge higher as Gustav roils Caribbean
MarketWatch
News of precautionary oil-platform evacuations ahead of Tropical Storm Gustav and crude oil's overnight spike to $120 a barrel continued to point oil company stocks...
- Stocks open higher following GDP, jobs data
San Diego Union-Tribune
NEW YORK – Stocks extended their advance in early trading Thursday following a better-than-expected reading on the nation's economy and a drop in jobless claims. The Commerce Department said...
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