Last business news
August 26, 2011
Beijing on Friday confirmed a decision that prevents the Democratic Republic of Congo from being sued in Hong Kong courts in a case that raised issues about the Chinese territory’s autonomy.
The Standing Committee of China’s rubberstamp legislature, the National People’s Congress, says Hong Kong, like mainland China, is covered by absolute immunity _ meaning governments […]
August 25, 2011
ST. CHARLES
August 3, 2011
Dunkin’ Brands Group Inc., which reported flat earnings on Wednesday after becoming a public company a week earlier, said it plans to rejuvenate the struggling Baskin-Robbins brand in the U.S. and expand its Dunkin’ Donuts chain into Europe.
Dunkin’ Donuts’ U.S. revenue grew 6.3 percent over the year, helped by the success of new stores. But […]
July 4, 2011
When companies buy their own shares, they usually tout it as a benefit to shareholders.
The logic behind that is simple. If companies are buying, they must believe the share price is going to rise. Their confidence influences investors to bid the shares higher. Investors get higher returns and own more of the company because there […]
June 30, 2011
Greece fended off a bankruptcy that would have roiled global markets and threatened the future of the euro when lawmakers on Wednesday backed controversial austerity measures in the face of violent protests. More than 100 people were injured.
Investors cheered the bill _ which aims to cut spending and raise taxes by euro28 billion ($40 billion) […]
June 20, 2011
A European Union trade official says the EU wants its ambitious free trade agreement with South Korea to serve as the model for other deals it is pursuing in Asia.
Ignacio Garcia Bercero said Monday that the pact with South Korea will eliminate 98.7 percent of duties on bilateral trade within five years.
Garcia Bercero said, “The […]
May 10, 2011
A U.K. house-price gauge rose to the highest level in nine months in April as demand for homes stabilised, the Royal Institution of Chartered Surveyors said.
The number of real-estate agents and surveyors saying prices fell exceeded those seeing gains by 21 percentage points, the most since July 2010, compared with 23 in March, the […]
April 26, 2011
Wall Street will focus on another full slate of corporate earnings this week as several big companies report their first-quarter performance.
Ford Motor Co., Coca-Cola, and Exxon-Mobil are among the companies reporting earnings this week. Movie rental company Netflix Inc. will release its earnings report after the market closes Monday.
Ahead of the opening bell, Dow Jones […]