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  • Honda posts record profit Friday, July 30, 2010 @ 2:18AMTOKYO - HONDA reported a record quarterly profit of 272.4 billion yen (S$4.27 billion) as auto sales grew in North America, Japan and the rest of Asia. Honda Motor Co said on Friday its profit for April-to-June increased 36-fold from 7.5 billion yen a year earlier when Japanese automakers were slammed by the financial crisis and the global market slump.
  • ANA books $82m net loss in Q1 Friday, July 30, 2010 @ 2:17AMTOKYO - JAPAN'S All Nippon Airways (ANA) on Friday said its quarterly net loss narrowed to US$60 million (S$81.7 million) on last year and retained its full-year net profit forecast of US$57 million. The 5.25 billion yen first-quarter loss for Japan's second biggest carrier was below a 29.2 billion yen loss for April-June last year when the aviation sector was hurt badly by the global financial ...
  • Arena backs Hernandez to shine Friday, July 30, 2010 @ 2:17AMFormer United States coach Bruce Arena believes Manchester United have struck gold by securing the services of Javier Hernandez.
  • Whatever happened to the rebalancing act? Friday, July 30, 2010 @ 2:17AMWithout the right policies, our economy is condemned to more crises, says Jeremy Warner.
  • France's Total Q2 profit up 43 percent Friday, July 30, 2010 @ 2:16AMFrench oil company Total SA said Friday its second-quarter profit jumped 43 percent thanks to rising production and improving refinery activity after a rough 2009, and said it is reviewing drilling and accident policies...
  • Ninh Binh urged to reach 18% GDP growth rate Friday, July 30, 2010 @ 2:16AMThe Red River Delta province of Ninh Binh needs to take drastic solutions to promote its socio-economic development and achieve a GDP growth rate of over 18% in 2010, said the State leader.
  • FAST NEWS Friday, July 30, 2010 @ 2:16AMFinnish engineering group Metso Oyj (MEO1V.HE: Quote ) reported higher-than-expected second-quarter earnings on Thursday as recovering demand, especially in emerging markets, led to a surge in orders.
  • KB Financial Posts Loss as Provisions for Soured Construction Loans Rise Friday, July 30, 2010 @ 2:16AMKB Financial Group Inc. , owner of South Korea’s largest bank, reported an unexpected loss in the second quarter as it set aside more provisions against bad loans for construction projects.
  • UK’s FSA Extends Pay Restrictions to Hedge Funds and Investment Managers Friday, July 30, 2010 @ 2:16AMWhy oh why is it that the US media treats financial services compensation levels as a third rail issue? Rent extraction was the driver of the financial crisis, and the financial services sector made it clear in 2009, by paying itself record bonuses on the heels of being saved from certain death, that it [...]
  • Cricket: Alan Isaac nominated for ICC vice president Friday, July 30, 2010 @ 2:16AMAlan Isaac, the current chairman of NZ Cricket, will be the joint nominee for the role of vice president of the ICC
  • New York Fed: Toxic assets from AIG gaining value Thursday, July 29, 2010 @ 6:12PMWASHINGTON (AP) — Toxic assets the government bought during the bailouts of American International Group Inc. and Bear Stearns are finally gaining value, the Federal Reserve Bank of New York said Thursday.
  • China blocks Google again Thursday, July 29, 2010 @ 6:12PMChina blocks Google after the company stopped censoring search results.
  • Macquarie flags mixed FY result on uncertain market conditions Thursday, July 29, 2010 @ 6:11PMInvestment bank tips falls in key divisions. 30 Jul 2010 9:07 AM
  • Iggy gets jiggy in Toronto Thursday, July 29, 2010 @ 6:11PMFederal Liberal Party Leader Michael Ignatieff staged a conga line with several local MPs and a Caribana calypso queen, and danced several feet onto his tour bus Thursday afternoon.
  • Shell defends deep-water oil drilling, as profits soar Thursday, July 29, 2010 @ 6:10PMRoyal Dutch Shell mounted a spirited defence of deep-water drilling yesterday as it unveiled a 94 per cent surge in profits in its second quarter.
  • BT gains from cost-cutting programme as first-quarter profits climb 17 per cent Thursday, July 29, 2010 @ 6:10PMBT lifted profits 17 per cent between April to June as its cost-cutting plan continued to pay off, in what the group's chief executive called an "acceptable" start to its financial year.
  • Toyota recalls 480,000 vehicles globally Thursday, July 29, 2010 @ 6:10PMToyota has issued a massive global recall of almost half a million vehicles to fix a steering defect.
  • Colombia Seeks to Boost 2011 Spending 2.5 Percent to 147.3 Trillion Pesos Thursday, July 29, 2010 @ 6:10PMColombia plans to raise spending next year in an effort to reduce poverty, bolster the economy and create jobs.
  • Toyota recalls 412,000 cars in US to fix steering problems Thursday, July 29, 2010 @ 6:10PMAnnouncement brings size of Toyota's recalls to 9.5 million U.S. cars, trucks since October.
  • Cameron opens a new innings in India-UK ties Thursday, July 29, 2010 @ 6:10PMCommending UK Prime Minister David Cameron for a distinguished political career and his strong personal commitment...
  • India, U.K. CEOs forum to be set up Thursday, July 29, 2010 @ 11:56AMNew Delhi, July 29 : India and the United Kingdom on Thursday agreed to set up an India-UK CEOs Forum and an India-UK Infrastructure Group besides working to double up bilateral trade in five years.
  • Jon Friedman's Media Web: LeBron James has ESPN where he wants it Thursday, July 29, 2010 @ 11:55AMWhy doesn’t ESPN just name basketball superstar LeBron James as its new director of editorial operations and get it over with already?
  • GC Profile: Alexander Nielsen of Grace Construction Products Thursday, July 29, 2010 @ 11:55AMAlexander Nielsen was appointed chief counsel in May for Grace Construction Products, an operating unit of W.R. Grace & Co., of Columbia, providing expertise and experience with Europe and the ability to speak several languages. Nielsen joined W.R. Grace, which operates in more than 40 countries, in 2007 as director of European legal services, based in [...]
  • Benefit corporation law could spur socially responsible business boom Thursday, July 29, 2010 @ 11:55AMMaryland is the first state to enact innovative legislation creating a new type of corporation, the benefit corporation. The new law blends a traditional for-profit corporation with a nonprofit’s mission to benefit the public, requiring directors to consider the societal ramifications of their decisions as well as the stockholders’ interests. House Bill 1009/SB 690, signed into [...]
  • Research and Markets: Going Global: Practical Applications and Recommendations for HR and OD Professionals in the ... Thursday, July 29, 2010 @ 11:55AMDUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3d991e/going_global_prac) has announced the addition of John Wiley and Sons Ltd's new book "Going Global: Practical Applications and Recommendations for HR and OD Professionals in the Global Workplace" to their offering. Praise for Going Global "The very concept of globalization ...
  • Survey: A bleaker outlook for economy into 2011 Thursday, July 29, 2010 @ 11:55AMWASHINGTON — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists. The latest quarterly AP Economy Survey shows economists have turned gloomier in the past three months. They foresee weaker growth and higher [...]
  • Shell defends deep-water oil production, as profits soar Thursday, July 29, 2010 @ 11:54AMRoyal Dutch Shell posted soaring profits on Thursday and defended deep-water oil production, arguing it has an "important role" to play despite the Gulf of Mexico disaster that rocked rival BP.
  • El Cerrito council opposes Prop 23 Thursday, July 29, 2010 @ 11:54AMEl Cerrito has come out against Proposition 23, which would suspend greenhouse gas restrictions on businesses adopted four years ago until California's unemployment rate drops to 5.5 percent for a year.
  • Gaming N ews Thursday, July 29, 2010 @ 11:53AM(PRESS RELEASE) -- bwin Interactive Entertainment AG and PartyGaming PLC have agreed to merge and form a combined entity incorporated in Gibraltar and listed on the London Stock Exchange.
  • Nissan Motor returns to profit of $1.16 bn in Q1 Thursday, July 29, 2010 @ 11:53AMJapanese auto maker Nissan Motor today said it has swung into a profit of $1.16 billion in the April-June quarter of the year on higher demand of vehicles in Asia.
  • NASA camera yields most accurate Mars map Thursday, July 29, 2010 @ 5:17AMA camera on board NASA's Mars Odyssey spacecraft has helped develop the most accurate global Martian map ever.
  • PPI quickens to 9,4% in June Thursday, July 29, 2010 @ 5:16AMSouth Africa's producer inflation quickened to 9,4% year-on-year in June from 6,8% in May, official data showed on Thursday.
  • German jobless rate edges up to 7.6 percent Thursday, July 29, 2010 @ 5:16AMGermany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thursday.
  • Chinese journalist on 'most wanted' list Thursday, July 29, 2010 @ 5:16AMA Chinese reporter who exposed insider trading has become a fugitive from justice. Police are hunting for Qiu Ziming to charge him with "fabricating and disseminating false information" that harmed a company's reputation". Qiu, who works for the Beijing-based business weekly, the Economic Observer , went into hiding after being placed on a national list of wanted criminals. His newspaper is ...
  • HTC poaches CTO, product chief from Sony Ericsson Thursday, July 29, 2010 @ 5:15AM(Telecompaper) Smartphone maker HTC has named Ron Louks as Chief Strategy Officer. In the new position, Ron Louks will be responsible for driving new strategic initiatives, technology incubation and will work closely with HTC's engineering and operation departments. Prior to joining HTC, Louks was the CTO at Sony Ericsson. Kouji Kodera has been appointed as chief product officer. As HTC's newly ...
  • AstraZeneca Q2 profits up 22 pct Thursday, July 29, 2010 @ 5:15AM(AP:LONDON) AstraZeneca PLC doubled its share buyback program on Thursday after posting strong second quarter results and revealing that a key new drug _ its blood thinner Brilinta _ has been given a thumbs up by an advisory committee of the U.S. Food and Drug Administration.
  • Jetway Motherboards To Be Serviced By Digicare Thursday, July 29, 2010 @ 5:14AMMotherboards purchased from both, former distributor Global and the current Compuage, will be serviced by Digicare across their 50 service centers
  • German jobless rate edges up to 7.6 percent Thursday, July 29, 2010 @ 5:14AMGerman jobless rate edges up to 7.6 percentGerman jobless rate edges up to 7.6 percent
  • Panasonic To Buy Out Sanyo, Electric Works Thursday, July 29, 2010 @ 5:14AMPanasonic to buy out Sanyo, Panasonic Electric
  • The fastest Internet in the world! Thursday, July 29, 2010 @ 5:14AMThe fastest broadband city in the world is Masan in South Korea, according to an analysis.
  • Consolidation Likely For China Stocks Wednesday, July 28, 2010 @ 7:42PM(RTTNews) - The China stock market headed right back up into positive territory again on Wednesday, one session after it had ended the six-day winning streak in which it had collected more than 170 points or 6.8 percent.
  • Ohio Sets New Record For Stimulus Highway Jobs Wednesday, July 28, 2010 @ 7:42PMDuring the same month that President Obama visited Ohio to mark the start of the nations 10,000th road project paid for by the Recovery Act, more than 8000 construction workers had jobs on Ohios stimulus-funded transportation projects in June, according to preliminary figures collected by the Ohio Department of Transportation.
  • NAVTEQ Reports 70% of Consumers Want the Most Current Road Information in Their GPS Device Wednesday, July 28, 2010 @ 7:41PMCHICAGO, July 14 -- NAVTEQ, the leading global provider of maps, traffic and location data enabling navigation, location-based services and mobile advertising around the world, reports that seventy percent of U.S. drivers indicate a desire to have the most current road information in their devices at all times - up 22 percentage points from 2008. Even when traveling far from home, 53% percent of ...
  • UNDP chief begins official visit to Brazil Wednesday, July 28, 2010 @ 7:41PMHelen Clark, the administrator of the United Nations Development Program (UNDP), on Wednesday kicked off a two-day official visit to Brazil, and she is expected to sign a strategic partnership framework agreement between UNDP and the Brazilian government, UN spokesman Martin Nesirky announced in the United Nations.
  • Chesapeake Midstream Partners Prices IPO Of 21.25 Mln Common Units Wednesday, July 28, 2010 @ 7:40PMChesapeake Midstream Partners L.P. (CHKM) said it has priced its initial public offering of 21.25 million common units representing limited partner interests at $21.00 per unit.
  • Ford E-News -- July 14, 2010 Wednesday, July 28, 2010 @ 7:40PMFord is proving once again that more power and outstanding fuel economy are not mutually exclusive offerings; the new Ford Edge delivers both.
  • UN chief to attend Hiroshima Peace Memorial Ceremony Wednesday, July 28, 2010 @ 7:40PMUN Secretary-general Ban Ki- moon is scheduled to leave for Japan to attend the Hiroshima Peace Memorial Ceremony early next month, becoming the first UN chief to do so, in a bid to promote progress in the global nuclear disarmament, UN spokesman Martin Nesirky said in the United Nations on Wednesday.
  • GE Unveils Nucleusâ⢠-- The Future of Home Energy Management Wednesday, July 28, 2010 @ 7:40PMGE today unveiled Nucleusâ„¢ , an affordable, innovative communication and data storage device that provides consumers with secure information about their household electricity use and costs so they can make more informed choices about how and when to use power.
  • RIM shares up on reports of new BlackBerry Wednesday, July 28, 2010 @ 7:39PMNEW YORK: Shares in Canada’s Research in Motion surged YESTERDAY on reports the BlackBerry maker plans to release a new smartphone next week to rival Apple’s iPhone.
  • Gold ticks up on bargain hunting Wednesday, July 28, 2010 @ 7:39PMGold futures on the COMEX Division of the New York Mercantile Exchange bounced off its 3-month lows and ended moderately higher on Wednesday, as some bargain hunters stepped in and bought the precious metal after gold's sell-off on Tuesday. Silver extended losses and platinum rose.