Lockheed First-Quarter Earnings Increase 17% First-quarter earnings rose 17 percent because of higher sales at its technology unit and one-time gains.... Read Full Article South Korea Reviews Its Dark Past, But The Pace Is Slow Former political prisoners are coming forward with accounts of witch hunts and torture that can sound unreal to young South Koreans today.... Read Full Article More Consumers Are Behind On Their Loans As credit problems concentrated in mortgages spread, more Americans have fallen behind on consumer loans than at any time in nearly 16 years, according to the American Bankers Association.... Read Full Article KKR Financial Delays Debt Repayment Again KKR Financial Holdings has delayed repayment of debt backed by mortgage securities for the second time and begun a new round of talks with creditors.... Read Full Article Video Links North Koreans To Reactor, U.S. Says The White House is preparing to make public a video showing North Koreans working at a suspected Syrian nuclear reactor.... Read Full Article |
Business In BriefThe number of Christmas Eve shoppers on the high street fell by 43 per cent this year compared with December 24 last year, according to the Retail FootFall Index. High streets and shopping centres had their busiest day of the festive period on Thursday, FootFall, the retail analysis company that compiles and updates the index, said. (AP) Iran oil tender Iran has put exploration and development of 17 oil blocks on a tender deadlined for June. It estimates the minimum investment for exploration of the 17 blocks to be €460 million (£310 million). Analysts said that UN sanctions might hinder the project. (Reuters) Saudi phone bids Saudi Arabia said it had extended deadlines on bids for a third mobile licence and a second fixed-line licence by up to six weeks. “It was in the interest of the market and investors to give an extension,” its Communications and Information Technology Commission said. (Reuters) Sinopec’s finds Sinopec, the Chinese oil company, has found an estimated 30 per cent more recoverable crude oil reserves this year than last year, but additions of recoverable natural gas reserves have fallen by more than 40 per cent, its in-house newspaper reported. (Reuters) Russia sues PwC Russian tax authorities have filed a suit against the local branch of PricewaterhouseCoopers (PwC) accusing it of producing a false audit for the fallen oil company Yukos, the auditor said. PwC said that it acted strictly in line with Russia’s legislation. (Reuters) Tag CloudExternal InformationAdditional InformationAeroflot Seeks Loan to Deal for Alitalia...Fidelity Reports a 10.5% Stake in Delta Air Lines... The Goods: As Laws Change, So Does the Baseball Bat... Stocks Rise After Economic Reports... Where Am I?News Main Page - Business - Business In Brief |
i8news.com |