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Breaking News Thu, 29 Jul 2010
Demonstrators of the CGIL labor union federation protest against the government's austerity measures, in Rome, Friday, June 25, 2010.
(photo: AP / Gregorio Borgia)
Italy passes austerity measures
Al Jazeera
| The Italian parliament has approved an austerity package worth more than $32bn, aimed at cutting the country's budget deficit and reassuring financial markets. | The lower house of parliament approved the measures on Thursday after they had already passed through the senate two weeks ago and ...
South Korean Prime Minister Chung Un-chan delivers a speech regarding his resignation during a press conference at the Government House in Seoul, South Korea, Thursday, July 29, 2010.
(photo: AP / Lee Jin-man)
South Korean prime minister offers to resign
Gulf News
| Seoul: South Korea's prime minister offered to resign Thursday after parliament shot down his efforts to scrap a plan that would relocate several government ministries out of the capital. | Chung Un-chan, an academic who was appointed in September, has led the charge to abandon the project, t...
Top Jobs Up by 48%
Scoop
Friday, 30 July 2010, 10:00 am | Press Release: SEEK | Top Jobs Up by 48% | New data from SEEK New Zealand reveals high paying job listings are on the rise, with a 48% increase in the past year for jobs listed that pay over $100,000 per annum ($100k+...
IG Markets – Morning Prices 30 July 2010
Scoop
Friday, 30 July 2010, 9:47 am | Press Release: IG Markets | IG Markets – Morning Prices 30 July 2010 | IG Markets – Morning Prices | 30 July 2010 | US stocks fell for a third day as investors were left disappointed after poor earnings f...
Silver Fern Farms closes UK operation
Scoop
Friday, 30 July 2010, 9:56 am | Press Release: Silver Fern Farms | ‘Silver Fern Farms announces closure of Brooks UK operation’ | Silver Fern Farms has announced today the closure of its Brooks (Norwich) operation in the United Kingdom....
Silver Fern closes Brooks plant in U.K.
Scoop
Friday, 30 July 2010, 9:45 am | Article: Businesswire | Silver Fern closes Brooks plant in U.K. as consumers lose taste for frozen meat | By Peter Kerr | July 30 (BusinessDesk) - Silver Fern Farms, the Dunedin-headquartered meat processing and market...
In this photo released by the Emirates News Agency (WAM), The 'M. Star' oil supertanker anchors offshore Fujairah port in the United Arab Emirates Thursday, July 29, 2010.
AP / Emirates News Agency
Questions Swirl About Damaged Japanese Tanker
The New York Times
| Shipping officials said Thursday that they were examining the hull of a Japanese oil tanker that was mysteriously damaged this week as it traversed a strategically vital waterway...
A worker monitors water in Talmadge Creek in Marshall Township, Mich., near the Kalamazoo River as oil from a ruptured pipeline, owned by Enbridge Inc, is attempted to be trapped by booms Thursday, July 29, 2010.
AP / Paul Sancya
Estimate Rises of Oil Spill in Michigan
The New York Times
| BATTLE CREEK, Mich. — More than one million gallons of oil may have spilled from a pipeline into the Kalamazoo River this week, significantly more than the pipeline’s...
Das Buerogebaeude der Siemens AG fuer IT Operations und Industrial Services in Erlangen, aufgenommen am Montag, 13. August 2007.
AP / Andreas Beil
Siemens and VW Surge on Roaring Demand From China
The New York Times
| FRANKFURT — Germany continued to show surprising strength Thursday as a drop in unemployment, coupled along with better-than-expected profit at two of the country’s b...
Rains help market log gains but doubts remain
The Times Of India
MUMBAI: The BSE Sensex eked out a 0.2% gain on Thursday in choppy trade, with investors mostly adjusting positions on the last day of monthly derivatives contracts on the National Stock Exchange (NSE). | Better monsoon prospects and firm regional bou...
Make your funds work real hard with liquid plus funds
The Times Of India
A few days ago, the Reserve Bank of India (RBI) announced the credit policy. Most of what is said seems like Greek and Latin, and we quickly scan the newsprint to see whether deposit rates are going up, or interest on loans could come down; and when ...
Panasonic plans to buy out two arms for $9.4 bn
The Times Of India
TOKYO: Panasonoic is planning to take 100% ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works in a move costing up to $9.4 billion to strengthen green businesses such as electric cars and solar panels. | Japan’s biggest consu...
Market
In this July 9, 2008 file photo, cars drive away from Boeing Co.'s Everett, Wash. assembly plant. The final request for bids is expected to be released Tuesday, Aug. 26, 2008, by the Pentagon _ which will make clear whether or not Boeing Co. will get its wish for an extensi
(photo: AP / Ted S. Warren, file)
Slow airplane deliveries hit Boeing profit
NZ Herald
4:00 AM Friday Jul 30, 2010 Email Print | MINNEAPOLIS - Boeing's second-quarter profit fell 21 per cent as airplane deliveries and defence revenue fell. | Its US$787 million ($1090 million) profit was bigger than analysts expected, though revenue fell more than expected. Boeing said revenue would rise next year as it delivered its new 787 and 747-8...
Economy
Ecuador's Foreign Minister Ricardo Patino, left, shakes hands with Venezuela's Foreign Minister Nicolas Maduro during a bilateral meeting on the sidelines of an UNASUR meeting in Quito, Thursday July 29, 2010.
(photo: AP / Patricio Realpe)
South Americans try to end Venezuela-Colombia rift
The Star
| QUITO (Reuters) - South American foreign ministers meet in Ecuador on Thursday to discuss broken ties between Venezuela and Colombia, with sparks likely over the two Andean nations' clashing plans to fix a crisis over leftist rebels. | The gathering of the 12-member Union of South American Nations is the first encounter between the two government...



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