Thursday, 18 March 2010 r.
Business
Greece: Will ask for IMF help if EU fails (AP)

18.03.2010 8:52   0 views   0 comments
Tags: Committee, Parliament, Fuel, Photo, Prime Minister, Minister, George, Greece, Prime, March, International, Virginia, Wins, Green, European

Greek Prime Minister George Papandreou speaks during a conference regarding the economy at the European Parliament in Brussels, Thursday, March 18, 2010.  Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates. He told a European Parliament Committee Thursday that 'this is not to be asking for money, but to have some form of an instrument on the table.'  (AP Photo / Virginia Mayo)AP - Greece warned Thursday that it will be forced to turn to the International Monetary Fund if the EU can't agree to a bailout plan next week that will help reduce its market borrowing rates.


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Stocks in narrow range after price, jobs data (AP)

18.03.2010 8:38   0 views   0 comments
Tags: Lehman, York, Stocks, New York, Story

The Lehman Brothers booth on the trading floor of the New York Stock Exchange, is shown in this September 16, 2008 file photo. REUTERS/Brendan McDermid/FilesAP - Stocks are trading in a narrow range in early trading after reports showed inflation remains benign and new claims for unemployment fell last week.


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Consumer prices were unchanged in February (AP)

18.03.2010 8:15   0 views   0 comments
Tags: Consumer, February

AP - Consumer prices were flat last month, as the weak economy limits the ability of companies to charge more for goods and services. Read more »

First-time jobless claims drop slightly (AP)

18.03.2010 8:10   0 views   0 comments


AP - The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight time. But initial claims remain above levels that would signal net job gains. Read more »

Stock futures edge up after price, jobs data (AP)

18.03.2010 8:01   0 views   0 comments
Tags: Story, New York, York, Lehman

The Lehman Brothers booth on the trading floor of the New York Stock Exchange, is shown in this September 16, 2008 file photo. REUTERS/Brendan McDermid/FilesAP - Stock futures rose slightly Thursday after reports showed inflation remains benign and new claims for unemployment fell last week.


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FedEx sees 'modest' economic gains; 3Q profit up (AP)

18.03.2010 7:54   0 views   0 comments


AP - FedEx is indicating the global economic recovery is gaining steam. Read more »

Current account deficit rises to $115.6B in 4Q (AP)

18.03.2010 7:51   0 views   0 comments
Tags: Current

AP - The current account trade deficit widened in the fourth quarter, reflecting an improving economy, but the imbalance for all of 2009 fell to the lowest point in eight years. Economists believe the deficit will increase in 2010 but not return to the record heights seen before the recession. Read more »

First-time jobless claims drop slightly (AP)

18.03.2010 7:45   0 views   0 comments


AP - The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight time. But initial claims remain above levels that would signal net job gains. Read more »

Stock futures edge up after price, jobs data (AP)

18.03.2010 7:43   0 views   0 comments
Tags: Story, New York, York, Lehman

The Lehman Brothers booth on the trading floor of the New York Stock Exchange, is shown in this September 16, 2008 file photo. REUTERS/Brendan McDermid/FilesAP - Stock futures are rising slightly after reports on initial jobless claims and inflation nearly matched expectations.


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Bank regulators may extend crisis-era guarantee (Reuters)

18.03.2010 7:39   0 views   0 comments
Tags: Reuters, Basu

Reuters - U.S. bank regulators may extend a guarantee program set up at the peak of the financial crisis, fearing that ending the program could spark liquidity failures at small banks. Read more »

Consumer prices were unchanged in February (AP)

18.03.2010 7:39   0 views   0 comments
Tags: Consumer, February

AP - Consumer prices were flat last month, as the weak economy limits the ability of companies to charge more for goods and services. Read more »

Strikes in Greece over proposed tax law overhaul (AP)

18.03.2010 7:39   0 views   0 comments
Tags: Green, March, Greece

A closed gas station is seen during a strike in northern Athens on Thursday, March 18, 2008. Greek taxi drivers and many gas station owners are striking against a proposed overhaul of tax laws under the government's efforts to overcome its debt crisis. (AP Photo/Thanassis Stavrakis)AP - Greek unemployment rose to 10.3 percent in the fourth quarter of 2009, the country's statistics agency said Thursday — the highest since 2005 and the largest jump in 11 years.


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Oil falls to near $82 after 2-day rally (AP)

18.03.2010 7:35   0 views   0 comments
Tags: March, FILE, Gulf

FILE - In this Nov. 13, 2009 file photo, an oil pump works in the Persian Gulf desert field of Sakhir, Bahrain. Oil prices rose above $82 a barrel Wednesday, March 17, 2010, after a report showed U.S. crude inventories grew less than expected last week and OPEC decided to keep its output targets unchanged. (AP Photo/Hasan Jamali, File)AP - Oil prices fell to near $82 a barrel Thursday, paring two days of gains that were fueled by signs U.S. crude demand may be improving.


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Greek PM warns of debt spiral, hopes to avoid IMF (Reuters)

18.03.2010 7:26   0 views   0 comments
Tags: Reuters, Green, Greece

Reuters - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF. Read more »

Barnes & Noble makes CEO switch (AP)

18.03.2010 7:08   0 views   0 comments
Tags: Stern

AP - Bookseller Barnes & Noble announced a CEO switch Thursday, elevating the president of its Web site to lead the company and replace Steve Riggio. Read more »

Weaving Creative Careers into an MBA Mix (BusinessWeek)

18.03.2010 7:08   0 views   0 comments
Tags: West, BusinessWeek, Last, Creatine, Lehman

BusinessWeek - Last year, as the world economy teetered on the edge of economic abyss, there was a simmering panic in business school circles about where the next set of MBA jobs would come from. The collapse of mighty institutions such as Lehman Brothers, coupled with recruitment freezes across much of the financial sector, seemed to rule out one traditional home for graduates while another preferred industry -- management consultancy -- also looked shaky. Fortunately, while 2009 wasn't the best year for business education, it didn't turn out to be the Armageddon many predicted. ... Read more »

Cape Town B-School Embraces Social Entrepreneurship (BusinessWeek)

18.03.2010 7:08   0 views   0 comments
Tags: West, Camp, Tory, Business, BusinessWeek, University, School, Social, Move

BusinessWeek - Tinashe Chinyanga describes his childhood in Zimbabwe as fairly standard, working in the fields every morning before walking to school in a nearby village. But the rest of his education has been a world away from his village friends: boarding school, then a medical degree, and now the University of Cape Town Graduate School of Business (GSB). Education was his ticket out of an early grave, says 28-year-old Chinyanga. "Most of my peers have HIV, if they're not already dead." Chinyanga owes his more fortunate path in part to his father, who was a teacher and pushed him to succeed. ... Read more »

FedEx 3Q profit more than doubles (AP)

18.03.2010 7:07   0 views   0 comments


AP - FedEx is indicating the global economic recovery is gaining steam. Read more »

WTO needs political miracle for 2010 Doha deal (Reuters)

18.03.2010 6:35   0 views   0 comments
Tags: World, Reuters, Does, Track

Reuters - Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin. Read more »

Barnes & Noble makes CEO shift (AP)

18.03.2010 6:26   0 views   0 comments
Tags: Stern

AP - Barnes & Noble is moving the president of its Web site into the CEO position, replacing Steve Riggio. Read more »

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