UK wants stronger, deeper ties with India: Hague Zeenews London: Noting that India is making its mark on the global economy with electrifying skill, innovation and dynamism, British Foreign Secretary William Hague has said that now is the time to make a "stronger, wider and deeper" relationship with India. | "We want a relationship between India and Brita...
RON DERBY: Fed sees cheap money will be around for a while Business Day | WITH the promise of cheap money — for much longer than expected — from the US Federal Reserve (Fed), the fundamentals to support stronger equity and currency markets have been set. The dovish comments made by Fed governor Ben Bernanke will also hold up gold this year. | The Fed predicted low i...
Cameron tells EU leaders to end euro 'tinkering' and slams financial transaction tax as 'madness' The Daily Mail | David Cameron today mounted a scathing attack on the European Union's inability to tackle the financial crisis at the world economic forum in Switzerland | David Cameron warned EU last night that the euro is doomed to failure unless they take urgent action and declaring: ‘Tinkering simply is...
Stocks Hesitate After Growth Disappoints The New York Times | Wall Street opened lower Friday after data showed the American economy grew less than expected in the fourth quarter, while earnings from Ford and Procter & Gamble and concerns over Europe’s debt crisis could also weigh on the market. | Gross...
Most investors will be better off buying a cheap index fund Gulf News | 1. You get a professional fund manager. As we are talking about a stock versus fund comparison for retail investors, and not for Warren Buffett and his mates, the professional fund manager is useful for getting us close to "The Market". |...
Extra help can eat a large part of your budget Gulf News | Having a full-time maid to do the chores is a big relief for those who maintain busy schedules. There's no doubt it can save a lot of time and help you focus more on other things that you love doing. | Employing a maid is very common in Dubai, and ...
Ford Posts Third-Straight Annual Profit The New York Times | DEARBORN, Mich. — The Ford Motor Company reported its third-consecutive full-year profit on Friday and the largest in 13 years, as strong sales in North America overshadowed higher commodity costs and losses in other parts of the world. Add t...
U.S. Recovery Slowly Gained Speed in Late ’11, Data Show The New York Times | The American economy picked up a little steam last quarter, with output growing at an annualized rate of 2.8 percent, the Commerce Department reported Friday. Scott Eells/Bloomberg News | Some U.S. companies closed the year with record order backlo...
U.S. GDP grows at a modest 2.8% rate in 4th quarter The Los Angeles Times WASHINGTON— The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, its fastest growth in 2011. | Americans spent more on cars and trucks, and companies built up their stockpiles. But growth in the October-Dec...
Economy grew 2.8 pct. in Q4, but outlook is hazy my SA | WASHINGTON (AP) — The economy grew late last year at a pace that in normal times would suggest it's healthy. | But the 2.8 percent annualized growth rate in the October-December quarter — the fastest pace since the spring of 2010 — isn't bein...
Asia may not be such easy pickings for Apple The Guardian By Harichandan Arakali and Farah Master BANGALORE/HONG KONG, Jan 27 (Reuters) - Investors in Apple Inc have a one-word answer for those who wonder whether this corporate juggernaut can maintain its phenomenal momentum in the years ahead: Asia. The iconic maker of the iPhone, iPad and iPod has barely scratched the surface of the region, home to arou...
Smartphones drive record Samsung profit Canada Dot Com | SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. | The South Korean firm, the world's top technology firm by revenue, is locked in break...
Shiites in Firing Line as Dozens Killed at Iraq Funeral March Jakarta Globe A suicide bomber detonated an explosives-packed car near a funeral procession in southeastern Baghdad on Friday, killing at least 32 people in the latest brazen attack since the US troop withdrawal, officials said. | Police officials said the blast occurred at about 11 a.m. in the predominantly Shiite neighborhood of Zafaraniyah, where mourners had...
