World Business News

Recent World Business News

Learn developments that affect international players and drive the stock markets in Europe, Asia and the U.S.; read about financial earnings and losses reported by traded companies in the world’s most popular stock exchanges; and be updated about currency movements, and other instruments heavily affected by world market forces.

Immersed yourself daily in the details of multi-billion investments, acquisitions, disposals, restructurings, mergers and public offerings. Be entertained with news about the activities of corporate “who’s who.”

Ten States Staring at Looming Budget Crisis (November 13, 2009)
At least ten major states in the US are now staring at a looming budget crisis as the country continues to feel the effect of the recession.
Three Million Acres Can Be Farmed Once Again (November 4, 2009)
More than three million acres of bare lands in the United States were lifted from the farming ban of the US government, making it usable once again for farming. However, the economic and environmental repercussions of the program expiration may be more devastating to the region rather than its profitability.
North Houston Bank Shuts Down (November 2, 2009)
The financial crisis hit and a Houston-based bank failed. It was shut down on Friday by the government as part of the nine banks closed by bank regulators. Shutting down North Houston Bank means that the recession is still covering the economy.
Metro Job Market Falls in some 223 Areas (October 30, 2009)
A new study showed that metro job market fell in some 223 metro areas in the US as Americans who were discouraged by the recent massive job cuts being implemented by companies have stopped looking for another job.
Verizon Post 30 Percent Drop in Profit Due to Reconstruction Costs (October 27, 2009)
Telecoms giant Verizon, the second largest phone company in the US, posted on Monday some 30 percent drop in its third quarter profit or down $1.18 billion.
Wal-Mart Eyes Positive Gains After Cuts, Slower Growth Rate (October 24, 2009)
Wal-Mart is now eyeing further cost cutting in order for them to sell cheaper products to their customers around the world.
Competition among Restaurant Chains Tightens, Sales Continue to Fall Down (October 22, 2009)
The competition among restaurant chains in the US even tightens as people holdback from spending too much on anything outside the comfort of their own homes.
Windows 7 Adoption in Business May Be Slowed Down by Bad Economy (October 19, 2009)
The set launch of the new Microsoft Windows 7 Operating System faces uncertain future as corporate clients has tightened grip on IT funding.
Wal-Mart to Open Online Store for Health and Beauty Products (October 14, 2009)
In a bid to provide better shopping experience to its loyal customers, Wal-Mart, the largest retail store chain in the US, has launched a long line of discounted health and beauty care products in its online store.
Top Apparel Firm A&F files lawsuit against Beyonce over Perfume Copyright (September 17, 2009)
Abercrombie and Fitch sued singer/actress Beyonce Knowles over perfume label, saying that they have the trademark over the “Fierce” perfume line since 2003.
Volkswagen Eyes Two More Brands Following Porsche Acquisition (September 15, 2009)
Retailers Focuses on Consumer “Needs” rather than “Wants” (September 14, 2009)
Slump Sales Forces Porsche to Cut Workers’ Hours (September 4, 2009)
Hyundai, Ford Post Sharp Increase as US Auto Sales Boom (September 2, 2009)
Wal-Mart Sees Partnership with other Online Vendors (September 1, 2009)
Mobile Banking Will Soon Be Available in Nokia Phones (August 27, 2009)
Toyota to cut Global Production by 10 Percent or 1 Million Cars (August 26, 2009)
Germany pushes for 1M Electric vehicles by 2020 (August 20, 2009)
Three Charged With Largest Identity Theft in the US (August 18, 2009)
Worldwide Mobile Phone Sales Drop Six Percent (August 13, 2009)
Recession to End in Third Quarter (August 11, 2009)
No House List of Too-Big-To-Fail Institutions (July 28, 2009)
WTO Says Trade Contraction Hits Bottom (July 25, 2009)
World's Largest Bookseller Launches Largest eBookstore (July 23, 2009)
Survey Shows Recession Slowing Down, But Not Over Yet (July 20, 2009)
Wal-Mart Plans to Put "Green Rating" to All Products (July 17, 2009)
Research Shows Netbook Shipment to Double This Year (July 14, 2009)
Unemployment Rate Indicates Weak Economy (July 11, 2009)
Oil Price Falls amid Stronger Dollar (July 6, 2009)
Massive Losses Prompt BT to Take Drastic Measures, Offers Staffs a Year Off (July 5, 2009)
Volkswagen Bares Plans to Build First Electric Car By 2013 (July 5, 2009)
PC Makers Ignore Web Filter Cries, Ship Computers with Software into China (July 4, 2009)
Investors Demand Answers on Steve Jobs' Health (June 30, 2009)
Samsung wins infringement case, Sharp TV and monitors banned in US (June 26, 2009)
Market's Cool Reaction to Bank Bailout Repayment (June 10, 2009)
Wal-Mart to Hire 22,000 Workers (June 5, 2009)
Survey Says Oil Price to Continue Rising (June 1, 2009)
Survey Says Honda Beats Toyota in Auto Parts Supply (May 26, 2009)
Milan Seized Funds of Four Big Banks (May 3, 2009)
Global Trade Will Survive Recession Despite Protectionism (April 24, 2009)
Toyota to Slash Price of E-car (April 21, 2009)
Steelmakers Cut Output (April 13, 2009)
International Cooperation to End Recession: Obama (April 11, 2009)
G20 Urges IMF to Inject More Money to Poor Countries (April 6, 2009)
Planes Pile Up as Less People Travel (April 5, 2009)
50 Million Blackberry Sold Amid Recession (April 3, 2009)
World Economy Hit Bottom, Bounces Back (March 30, 2009)
No Spending Pledges to Take Place - UK (March 29, 2009)
EU President Criticizes US Stimulus Plan (March 26, 2009)
World Leaders Prepare for Economic Conference (March 23, 2009)
EU Leaders Say No More Stimulus Spending (March 21, 2009)
Sony to Trim Workers' Bonuses (March 19, 2009)
OPEC Plans Another Oil Cut Production (March 15, 2009)
Toyota Plans to Introduce Low-cost Hybrid Cars (March 14, 2009)
Obama Urges World Leaders to Boost International Demands (March 9, 2009)
More Job Losses in February (March 7, 2009)
Poor Countries Need Extra Financing - IMF (March 5, 2009)
EU Finance Ministers Discuss Global Crisis (February 23, 2009)
Citigroup Inc. to Use $36.5 Billion to Boost Lending (February 4, 2009)
Slumping Sales Continue to Hunt Car Industry (February 1, 2009)
EU Warns Recession Worse than Expected (January 20, 2009)
Consumers Spend Less on Last Holiday Season (January 11, 2009)
British PM Rebuffs New Bailout Proposal (January 5, 2009)

World Business News

Recent World Business News

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