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Business - Page 782

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Brent oil holds near $115 on Libya doubts, U.S.

Brent oil held steady near $115 on Friday over doubts that a Venezuelan peace proposal would resolve Libya's crisis, while payrolls data from the United States are likely to reaffirm a recovery

4th March 2011
Business

Asia stocks head for biggest weekly rise in 3 months

Asian stocks are heading for their biggest weekly gain in three months on bargain-hunting after their recent drop while the euro perked up after the central bank signalled a rate hike as

4th March 2011
Business

Olympic Air, Aegean to appeal EU merger block

Greece's two largest airlines Olympic and Aegean will appeal against a European Union ruling that blocked their plans to merge, the carriers said on Wednesday. In January, EU regulators blocked the proposed

3rd March 2011
Business

UAE to spend $1.6 bln in poorer northern emirates

The United Arab Emirates, watching as Arab unrest spreads to nearby Gulf countries, will invest $1.6 bln to improve infrastructure in less developed emirates, state media said on Wednesday. The decision to

2nd March 2011
Business

TNK-BP floats spoiler against BP-Rosneft pact

Management of Anglo-Russian oil firm TNK-BP has proposed buying a $7.6 bln stake in shareholder BP in a bid to join an offshore partnership with Rosneft, sources close to management said. Whether

2nd March 2011
Business

ITV to reinstate dividend after ad market recovery

British broadcaster ITV plans to restore its dividend in July after a recovery in advertising markets and improved programming helped double 2010 earnings and deliver a strong start to the new year.

2nd March 2011
Business

Brent oil rises as Gaddafi’s forces fight back

Brent rose towards $116 a barrel on Wednesday on reports of Libyan government counter-attacks on rebel-held towns in the east of the country, heightening fears of a civil war in the world's

2nd March 2011
Business

Greek prosecutor to probe NBG, Alpha bid leak

A Greek prosecutor will probe whether merger talks between the country's top lender National Bank and its smaller rival Alpha were leaked for stock market speculation, a court official said on Tuesday.

2nd March 2011
Business

EU court bans insurers from pricing on gender

* Insurers cannot use gender to set premiums and payouts * Unisex premiums and benefits to apply from Dec. 21, 2012 * European insurance shares flat, in line with market * Ruling

1st March 2011
Business

Olympics-Illegal betting generates $140 billion a year

Illegal betting in sport generates a turnover of around $140 billion a year worldwide, International Olympic Committee president Jacques Rogge said on Tuesday. Speaking after a meeting with government ministers, Interpol and

1st March 2011
Business
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Euro maintains positive trend, despite dollar rebound

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Dollar could tumble, investors brace for major shift

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Strong GDP, softer retail sales boost Swiss Franc

The Swiss Franc extended its winning streak against the US

German retail sales, inflation data provide mixed picture for ECB

The Euro firmed against the British Pound on Friday, with

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