Business and Finance News
Forbes says Gates no longer the world's richest
The Dallas News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.  Chinese cars to be built in US
The Dallas News.Net
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County. Profits Dive 56% At Johnston Press
Guardian
Johnston Press has reported that its pre-tax profits fell 56% last year to £43m, with ad revenues plummeting almost 27% year on year as the recession took hold.The regional newspaper group, which own... Japan Revises Down Fourth Quarter 2009 Gdp
Finfacts Business News
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactiv... China Inflation At 16-month High
BBC
Chinese inflation hit a 16-month high in February, causing economists to call for the government to tighten the economy to prevent overheating.The annual rate of consumer price inflation rose to 2.7% ... Delek Us Swings To 4th-period Loss; Sales Up 25%
Fox Business
TEL AVIV -- Delek US Holdings Inc., the Brentwood, Tenn., petroleum refiner and convenience-store operator, swung to a fourth-quarter net loss from a year-earlier profit on 25% higher sales. The loss... Swire Pacific 2009 Profit More Than Triples
Fox Business
HONG KONG -- Hong Kong conglomerate Swire Pacific Ltd. announced Thursday its 2009 net profit more than tripled because of improvement in its property and beverage businesses, while it also saw a con... Bank Of China Mulling Hong Kong Share Sale: Report
Fox Business
HONG KONG -- Bank of China Ltd.'s shares ended the Thursday morning session lower in Hong Kong, following a published report that the bank wants to issue additional shares on the city's stock exchang... Toyota Hands Over 2006 Dissident Memo To U.s. Panel
Reuters
TOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after... Toyota Unit Daihatsu Recalls Over 274,000 Vehicles
Reuters
ST. CHARLES, Missouri (Reuters) - President Barack Obama declared on Wednesday the "time for talk is over" and urged the U.S. Congress to vote on healthcare as his health secretary directly challenged... Foreclosures Increasing At Smaller Rate
CBS News
Citi Offers "Foreclosure Alternatives" (AP) The foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households f... Gci Reports 2009 Financial Results
CNBC
$171.1 million . EBITDA margin improved to 32.4 percent for 2009 as compared to 29.7 percent for the prior year. Revenues and adjusted EBITDA were record high results for GCI. The 2009 net income of Ceo Pay Watch: William Cooper, Tcf Financial Corp.
Star Tribune
Note: When Cooper returned to Wayzata-based TCF in 2008 after 2 1/2 years of retirement, he did not take a base salary. Instead, he was paid in restricted stock and stock options to be earned over a 3... Bank Of Korea Keeps Interest Rate At Record Low
Seattle Post-Intelligencer
By KELLY OLSENAP BUSINESS WRITER SEOUL, South Korea -- South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns and as the instituti... Microsoft Loses Appeal In $290m Patent Case
The Guardian
Microsoft , and the case taken out by i4i alleging that it held particular patents relating to XML, and that later versions of Word infringed it - and that Microsoft should therefore be injuncted agai... China Auto Prices Rise Most In At Least Four Years
Business Week
March 11 (Bloomberg) -- China’s vehicle prices rose the most in at least four years in February as consumers took advantage of government incentives to buy new cars and trucks, contributing to a... Biden Urges Support For Mideast Talks Before Speech
Business Week
March 11 (Bloomberg) -- Vice President Joe Biden will speak in Tel Aviv on U.S.-Israeli relations, one day after telling Israelis and Palestinians they will be held accountable for actions jeopardizin... Korean Air, Asiana Fined For Blocking Budget Carriers
Business Week
March 11 (Bloomberg) -- Korean Air Lines Co. and Asiana Airlines Inc., the nation’s two biggest carriers, were fined a combined 11 billion won ($9.7 million) for anticompetitive actions against ... China Tightens Land Purchase Rules, Bans Villas
Business Week
March 11 (Bloomberg) -- China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the government sought to increa... Asian Stocks Reverse Direction After Chinese Data
Market Watch
LOS ANGELES (MarketWatch) -- Many Asian bourses turned lower in midday Thursday trading, reversing direction after the release of higher-than-expected Chinese inflation data. Hong Kong's Hang Seng Ind... Asian Stocks Reverse Direction After Chinese Data
Fox Business
LOS ANGELES -- Many Asian bourses turned lower in midday Thursday trading, reversing direction after the release of higher-than-expected Chinese inflation data. Hong Kong's Hang Seng Index traded dow...
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