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CompareCC News Archive Listing for Business during 2010-03-21.
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Minister: China may report trade deficit in March
 
AP - China could report a trade deficit in March, the country's commerce minister said Sunday as he rejected U.S. pressure to ease currency controls and blamed Washington for the Sino-U.S. trade gap.
Gas the next fuel to fire Australia's boom
 
AP - First gold, then coal and iron ore. Now, a new bonanza is about to be unleashed from beneath Down Under: Australia's got gas.
Greek debt throws spotlight on civil service excess
 
AFP - The financial crisis rocking Greece has brought into focus the warped reality of the country's civil service, where a long tradition of political perks has bred fiscal disaster, analysts say.
GM Daewoo to recall 58,000 vehicles in S.Korea: government
 
AFP - GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia's crisis-hit auto industry.
I.M.F. Warns Wealthiest Nations About Their Debt
 
An International Monetary Fund official said the world?s advanced economies should rein in spending next year.
BA and union clash over walkout
 
The strike by British Airways cabin crew has entered its second day with both sides claiming the advantage.
China to begin trial of 4 Rio Tinto employees
 
AP - An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial beginning Monday that is viewed as a barometer of China's handling of foreign business.
Japan planning 14 nuclear plants: report
 
AFP - Resource-poor Japan is planning to build at least 14 nuclear power plants over the next 20 years to reduce its reliance on other countries for its energy needs, a report said Sunday.
China warns US against sanctions over currency
 
AP - China's commerce minister warned the United States on Sunday against imposing trade sanctions over Beijing's currency controls, and said his country was likely to report a trade deficit in March.
Sides Dispute Strike Effect at British Airways
 
A strike by British Airways cabin crew members entered its second day, causing further travel disruptions but fewer than the airline had expected.
Explosive Material Found in Indian Plane
 
A newspaper-wrapped package containing explosive material was found in the cargo hold of a passenger aircraft after it landed in southern India, police said.
Green Inc. Column: When ?Green? Consumers Decide,? I?ve Done Enough?
 
Are consumers of ?green? products likely to be miserly and thieving? A series of experiments at the University of Toronto seems to suggest just that.
No Budget giveaways, says Darling
 
Chancellor Alistair Darling tells the BBC there will be no 'giveaways' in next week's Budget.
British Airways cabin crews strike for 2nd day
 
AP - British Airways cabin crews walked off the job for a second day Sunday, upsetting travel plans for scores of customers, but the airline said its contingency plans were working well and more planes were taking off than expected.
OECD's Gurria sees combined EU-IMF support for Greece
 
Reuters - Combined support for Greece from the IMF and the European Union would be the best way to help the over-borrowed country deal with its debt crisis, OECD Secretary General Angel Gurria said on Sunday.
GM Daewoo 'to recall 58,000 vehicles in S.Korea'
 
AFP - GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia's crisis-hit auto industry.
Union urges BA board to intervene
 
Unite calls on the British Airways board to resolve the increasingly bitter dispute between the airline and its cabin crew.
Israel to boost Arab towns' funds
 
The Israeli cabinet backs an investment plan for Israeli Arabs, who have long suffered inequality and discrimination.
Dubai watchdog hits Mideast jeweler with sanctions
 
AP - Middle East jewelry retailer Damas International Ltd. was penalized Sunday by a Dubai watchdog for improper financial dealings and lax corporate oversight in the regulator's strongest action to date.
Sarkozy's party expecting setback in regional vote
 
AP - President Nicolas Sarkozy's conservative party was bracing for a massive setback Sunday as frustrated French voters cast ballots in regional run-off elections likely to favor the opposition left — and to set the stage for the 2012 presidential race.
Credit Suisse restricts bankers' travel to Germany
 
Reuters - Credit Suisse said it is restricting bankers' travel to Germany after authorities there said they had launched 1,100 tax evasion probes against the bank's clients and were investigating staff on suspicion of aiding evasion.
I.M.F. Warns Wealthy Nations on Debt
 
On Sunday, an International Monetary Fund official gave a grim prognosis for the world?s advanced economies.
British Airways Strike Effect Disputed
 
A strike by British Airways cabin crew members entered its second day, causing further travel disruptions but fewer than the airline had expected.
Pune and Kochi to join 2011 IPL
 
Pune and Kochi buy Indian Premier League franchises for the 2011 season.
App boom
 
The developers making millions from smartphones
Tory bank tax plan 'risk' to jobs
 
Tory plans to introduce a bank levy without international support pose a risk to jobs, Alistair Darling has warned.
China denounces Google 'US ties'
 
China's state media accuses Google of 'intricate ties' with the US government and trying to change Chinese society.
No Budget giveaway, says Darling
 
Chancellor Alistair Darling tells the BBC there will be no 'giveaways' and no rise in VAT in next Wednesday's Budget.
IMF warns wealthiest nations about their debt
 
AP - The International Monetary Fund warned the world's wealthiest nations Sunday to watch their surging levels of government debt, saying it could drag down the growth needed to ensure continued economic recovery.
Merkel says aid for Greece not issue at EU summit
 
AP - Rebuffing EU officials in Brussels, German Chancellor Angela Merkel said Sunday that Greece does not need any financial help and that EU leaders should not make aid an issue at their summit in Brussels this week.
Gas prices rise more than 8 cents in 2 weeks
 
AP - The average price of regular gasoline in the United States is up 8.6 cents over a two-week period to $2.81.
Investors learn to accept bad housing numbers
 
AP - The housing market is still in bad shape, but investors don't seem to mind.
Ex-CSK Auto president dies while facing indictment
 
AP - The death of a former top executive at CSK Auto Corp. means federal prosecutors won't be able to prove criminal charges that he manipulated earnings reports at the auto parts supplier.
In student loan plan, Obama looks for another win
 
AP - With health care dominating House action, President Barack Obama was looking for another domestic policy victory Sunday — passage of a vast rewrite of college aid for needy students.
Gas prices up to $2.81 per gallon, but seen steadying
 
Reuters - The average price for a gallon of gasoline in the United States rose 8.62 cents to $2.81 in the past two weeks as retailers raised their margins, according to an industry analyst.
After WNET Cancels ?Worldfocus,? Fans Rally
 
Like a similar campaign to save ?Now on PBS,? the efforts for ?Worldfocus? seem unlikely to succeed.
The Media Equation: Location Is Being Redefined for the Digital Age
 
Location-based services like Foursquare and Gowalla were the talk of the South by Southwest Music and Media Conference in Austin, Tex.
No water
 
Nestle boss spells out the biggest global threat
For Consumers, Some Clarity on Health Care Changes
 
The uninsured are the biggest beneficiaries of the legislation, which would extend the health care safety net for the lowest-income Americans.
In Health Reform, Boons for Hospitals and Drug Makers
 
With an overhaul, Congress would be giving the health care industry as many as 32 million more customers in the next few years.
In Cement, the Stirrings of a Potential Trap for Some Carbon
 
A start-up called Calera says it has found a way to capture carbon dioxide by using it to make cement, but skeptics have doubts.
Link by Link: Advising Recovery Board on Offering Clear Data
 
The information-design theorist Edward Tufte is using his critical eye to improve the recovery.gov Web site.
Stanford Medical School to Expand Conflict-of-Interest Rules
 
Volunteer teachers may no longer give paid speeches drafted by the makers of drugs or medical devices, rules that full-time faculty members already follow.
Rio Tinto trial opens in Shanghai
 
Four employees of mining group Rio Tinto go on trial in Shanghai, charged with bribery and commercial espionage.
States Look Beyond Borders to Collect Income Tax Owed
 
Improved techniques for identifying workers from beyond their borders have led states to increase tax enforcement.
A Cold War Spy Craft, the Updated U-2 Dodges Retirement
 
With updates in the use of its powerful sensors, the U-2 spy plane has become the most sought-after spy craft in a very different war in Afghanistan.
Courting Google, City Fathers Turn to Silliness
 
Google has offered to build a high-speed broadband network ? somewhere ? for as many as 500,000 people, bringing out competitive spirit nationwide.
Effort at Wall Street Journal to Attract More New Yorkers
 
The paper will begin a new section to try to raise circulation and attract high-end advertisers.
The iPad App Derby Gets Under Way
 
Though the iPad won?t be out until April 3, lots of software developers are looking for the first-out advantage.
Arrow Energy Agrees to Sell Australian Assets to PetroChina and Shell
 
The Australian gas company accepted on Monday a $3.2 billion bid by Shell and PetroChina for its Australian assets, the latest in a string of acquisitions and investments in the global energy sector.
Stocks in Asia and Euro Drop on Worries About Greece's Debt
 
Asian stocks and the euro fell on Monday on renewed concerns over Greece's debt problems before a euro zone summit.
Advertising: Keds Campaign Claims a First, Then Revises
 
The ads use the slogan ?the original sneaker.? A claim that Keds were the first shoes called sneakers was changed after conflicting evidence was found.
Doctor on ?Nurse Jackie? Will Post to Twitter in Real Time
 
The Dr. Cooper character on ?Nurse Jackie? on Showtime will be shown posting on Twitter, and his comments will show up in a real account.
Rosie O?Donnell Is Said to Be Preparing a TV Show
 
Rosie O?Donnell is said to be working with Dick Robertson and Scott Carlin, who were formerly executives at Warner Brothers.
Asia stocks drop as Greek crisis, India hike weigh
 
AP - Asian stock markets fell Monday as worries about Greece's debt crisis and India's sudden interest rate hike rattled investors.

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