Commentary & News
US Airways Reaches Collective Bargaining Pacts With AMR Unions
US Airways Reaches Collective Bargaining Pacts With AMR Unions ******************************************************************************** BN 04/20 09:17 *US AIRWAYS IN PACTS GOVERNING AMERICAN AIRLINES EMPLOYEES BN 04/20 09:17 *US AIRWAYS REACHED PACTS FOR COLLECTIVE BARGAINING PACTS ******************************************************************************** US Airways Group Inc. said it reached agreements on contract terms for major unions at American Airlines ahead of a possible merger [...]
India Says Geithner, Mukherjee Discussed Proposed Tax Changes
India Says Geithner, Mukherjee Discussed Proposed Tax Changes ******************************************************************************** BN 04/20 01:45 *MUKHERJEE SAYS LAWS CLEAR THAT COS MAKING CAPITAL GAINS TAXABLE BN 04/20 01:44 *MUKHERJEE SAYS TAX PROPOSALS RAISED ARE CLARIFICATORY IN NATURE BN 04/20 01:43 *INDIA FINANCE MINISTER MUKHERJEE COMMENTS IN STATEMENT BN 04/20 01:43 *MUKHERJEE SAYS US’ GEITHNER RAISED BUDGET TAX PROPOSALS [...]
Angry Birds Keep Finland Cool as Nokia Grip on Economy Falters
Angry Birds Keep Finland Cool as Nokia Grip on Economy Falters Finland’s close alignment with a single company has delivered wonderful highs. In 2000, Nokia Oyj was the world’s dominant mobile-phone manufacturer. As paradise ends, the consequences are harsh. Nokia’s 95 percent share-price plunge from its 2000 peak has left thousands of engineers looking for work [...]
S&P Sees Policy Slippages in Indonesia as It Considers Rating
S&P Sees Policy Slippages in Indonesia as It Considers Rating ******************************************************************************** BN 04/19 22:41 *S&P: INDONESIA RATINGS SUPPORTED BY GOV’T FISCAL MANAGEMENT BN 04/19 22:41 *S&P: INDONESIA SEEING RISING LEVEL OF POLICY UNCERTAINTY BN 04/19 22:41 *S&P SAYS IT HAS DETECTED SOME `POLICY SLIPPAGES’ IN INDONESIA BN 04/19 22:41 *S&P RELEASES REPORT ON INDONESIA CREDIT [...]
Bo Ouster Threatens Model Crafted to Narrow China Wealth Gap
Bo Ouster Threatens Model Crafted to Narrow China Wealth Gap Sitting on a stool polishing shoes for 2 yuan (32 cents) a pair in front of her apartment block in Chongqing, central China, Wang Yunqing says she has reason to thank Bo Xilai, the disgraced former leader of the city. “Life definitely improved” under Bo, [...]
Economics 101 for BOJ Recommended as Takenaka Presses for Easing
Economics 101 for BOJ Recommended as Takenaka Presses for Easing The Bank of Japan sees protecting its own balance sheet as more important than ending deflation and spurring the world’s third-largest economy, according to the former minister who led a clean-up of the nation’s banks. “This isn’t difficult — it’s Economics 101,” Heizo Takenaka, 61, [...]
Portugal’s Gaspar Says Yields Will Fall on Bailout Success
Portugal’s Gaspar Says Yields Will Fall on Bailout Success Portuguese bond yields, the highest after Greece’s among countries using the euro, will gradually decline as the country meets the targets of its international aid plan, Finance Minister Vitor Gaspar said. Portugal will stick to its current goals and doesn’t plan to seek more lenient terms, [...]
Sarkozy’s France Inc. Suffers Losses From Presidential Meddling
Sarkozy’s France Inc. Suffers Losses From Presidential Meddling France Inc. has lost 124.3 billion euros ($163 billion) under President Nicolas Sarkozy. Companies in which the state holds stakes, from Electricite de France SA and Air France-KLM Group to France Telecom SA underperformed international peers on Sarkozy’s watch as his government blocked their job cuts to [...]
China May Cut Ratio Without Altering Monetary Stance
China May Cut Ratio Without Altering Monetary Stance Economists are betting China will cut banks’ reserve requirements in the coming weeks even as limited loosening over the past four months indicates leaders want to maintain a clampdown on inflation and property prices. Authorities have held off for more than two months on announcing a third [...]
German Data Beating Forecasts Signals Stronger Growth
German Data Beating Forecasts Signals Stronger Growth German business and investor confidence has beaten forecasts every month this year, suggesting the strength of Europe’s largest economy may have been underestimated. The Ifo institute’s business climate index, which today unexpectedly rose to a nine-month high, has beaten the median forecast in News surveys every month since [...]
