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Chinese Court Rejects Injunction Against Apple

Wall Street Journal - Business - 13 min 15 sec ago
A Shanghai court rejected a Chinese company's effort to get a preliminary injunction against the sale of Apple's iPad there over a trademark dispute and postponed the hearings pending the results of another case in a Chinese court.
Categories: Business News

Apple wins first round of China iPad bout

MSNBC - News On Business - 18 min 1 sec ago
A Shanghai court has rejected a request by a Chinese technology firm to stop Apple Inc selling its iPad tablet computers in the city, a source said, part of a wider battle for Apple over the trademark in China.
Categories: Business News

E.U. Forecasts ‘Mild Recession’ for Euro Zone in 2012

NY Times - News On Business - 30 min 28 sec ago
Contractions seen in Italy and Spain led the European Commission to lower its growth forecast for the entire currency bloc.

Categories: Business News

What you should know before buying a home

MSNBC - News On Business - 46 min 33 sec ago

There’s a lot of information and opinions out there, along with such myriad details as mortgage options, escrow accounts, HOA fees and others.


Categories: Business News

The 10 states that run on nuclear power

MSNBC - News On Business - 51 min 9 sec ago

Currently, 31 states have nuclear plants. 24/7 Wall St.’s analysis covers the 10 states in which nuclear energy is the most significant source, or even the only source of emission-free power.


Categories: Business News

You’re the Boss Blog: Six Attributes of Successful Entrepreneurs

NY Times - News On Business - 1 hour 10 min ago
They don't test for this stuff in schools. Do you have what it takes?

Categories: Business News

SK Innovation: Unit To Build CNY3.7 Billion Butanediol Plant With Sinopec

Fox - News On Business - 1 hour 11 min ago

SK Innovation Co. (096770.SE) said Thursday that its chemical unit, SK Global Chemical, has signed an initial agreement with China Petroleum and Chemical Corp. (SNP), or Sinopec, to build and operate a CNY3.7 billion butanediol plant in Chongqing.

Categories: Business News

Red Tape: 'Facebook score' to screen employees?

MSNBC - News On Business - 1 hour 19 min ago
You already have an "insurance score." You have an "Employment Credit Score." Now that a "Facebook score" has been invented, I expect a "Grocery Habits score" and a "Music Taste" score to arrive any time now.
Categories: Business News

Siam Commercial Bank To Pay THB2.50/Share Dividend For 2H11 Performance

Fox - News On Business - 1 hour 22 min ago

Siam Commercial Bank PCL (SCB.TH), Thailand's third-largest commercial bank by assets, said Thursday its board approved a dividend of THB2.50 per share for the company's performance in the second half of 2011.

Categories: Business News

Bank Of Italy Wants EBA Capital Rules To Be Binding Across EU

Fox - News On Business - 1 hour 22 min ago

Rules on what counts as core bank capital should be harmonized and binding across the European Union, a senior Bank of Italy official said Thursday.

Categories: Business News

Centrica Cuts Jobs --- and Profit

Wall Street Journal - Business - 1 hour 24 min ago
U.K. utility Centrica said it had cut around 2,300 jobs as part of its plan to deliver £500 million in cost savings as weaker economic conditions and higher wholesale gas prices pressured profits.
Categories: Business News

RBS Net Loss Widens To GBP2 Billion; Invest Bank Profit Falls

Fox - News On Business - 1 hour 33 min ago

Royal Bank of Scotland Group PLC (RBS) said Thursday that it slumped to a 2011 full-year net loss of nearly GBP2 billion as the euro-zone crisis continued to weigh on its investment banking division and restructuring costs squeezed the U.K. bank's bottom line.

Categories: Business News

Bank of America Promotes Banker To New Infrastructure Role

Fox - News On Business - 1 hour 34 min ago

Bank of America Merrill Lynch, a unit of Bank of America Corp. (BAC), said it has appointed Philippe Chryssicopoulos to a new role of head of EMEA infrastructure banking, a move reflecting the growing importance of infrastructure to the bank in Europe.

Categories: Business News

DealBook: R.B.S. Reports Loss on Exposure to Greek Debt

NY Times - News On Business - 1 hour 36 min ago
The Royal Bank of Scotland posted a bigger-than-expected loss for 2011 after it took write-downs on the value of its Greek bond holdings and had to compensate some customers who were wrongly sold insurance.

Categories: Business News

Huadian Fuxin Energy To Raise Up To US$600 Million In 2Q Hong Kong IPO - Source

Fox - News On Business - 1 hour 37 min ago

Huadian Fuxin Energy Corp Ltd. plans to raise between US$400 million and US$600 million in an initial public offering in Hong Kong in the second quarter of the year, a person familiar with the situation said Thursday.

Categories: Business News

United Overseas Bank 4Q Net Falls 21%; Upbeat Outlook

Fox - News On Business - 1 hour 46 min ago

United Overseas Bank Ltd. (U11.SG) Thursday reported a 21% drop in its fourth quarter net profit mainly due to the absence of one-time gains, but stressed that its core business remains strong given a positive outlook in Asia.

Categories: Business News

Citigroup Seeks To Sell Entire HDFC Stake; May Raise Up To $2.07 Billion

Fox - News On Business - 1 hour 46 min ago

Citigroup Inc. (C) is looking to raise up to $2.07 billion by selling its entire stake in Indian mortgage lender Housing Development Finance Corp. (500010.BY).

Categories: Business News

Kevin Watkins Joins Sucden Financial To Build Coffee Presence

Fox - News On Business - 1 hour 48 min ago

Sucden Financial said Thursday that Kevin Watkins has joined its soft commodities desk from Swiss bank UBS AG (UBS) in order for the brokerage firm to establish a greater presence in the coffee market.

Categories: Business News

BOE Haldane: UK Needs Midsize Banks To Boost Business Lending

Fox - News On Business - 2 hours 28 sec ago

The U.K. banking system needs to be overhauled to spur greater lending to small and midsize firms, Bank of England policy maker Andrew Haldane said Thursday.

Categories: Business News