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Business News

BBC News | Business | UK Edition
Efforts by Bradford & Bingley to raise £400m have been rescued after a would-be investor pulls out, the BBC learns.
BBC News | Business | UK Edition
The average UK household is 15% worse off than it was five years ago, an Ernst & Young report suggests.
BBC News | Business | UK Edition
Oil prices continue to climb with US light crude at a record closing price and London Brent above $146.
BBC News | Business | UK Edition
The availability of mortgages will fall further in the next three months, lenders tell the Bank of England.
BBC News | Business | UK Edition
Interest rates in eurozone countries increase for the first time in 12 months in a bid to combat inflation.
BBC News | Business | UK Edition
Up to 1,000 jobs are set to go at housebuilder Barratt Developments in a fresh blow to the UK property market.
BBC News | Business | UK Edition
A US airline and five people are to be tried for manslaughter over the 2000 Concorde crash, French judicial officials say.
BBC News | Business | UK Edition
The UK service sector shrank in June at its quickest rate in nearly seven years, adding to economy gloom.
BBC News | Business | UK Edition
New entries in the latest edition of the Concise Oxford English Dictionary include credit crunch, and non-dom.
BBC News | Business | UK Edition
How City fims have bailed out Bradford & Bingley - again
BBC News | Business | UK Edition
Iraq's challenge of reviving its oil industry
BBC News | Business | UK Edition
Has the TNK-BP row spooked foreign investors?
BBC News | Business | UK Edition
What are the implications of renting out homes?
BBC News | Business | UK Edition
Take our quiz to see what people can't live without
BBC News | Business | UK Edition
Why UK shoppers are being unfaithful with their trolleys
BBC News | Business | UK Edition
Google must divulge the viewing habits of every user who has ever watched avideo on YouTube, says a US court.
BBC News | Business | UK Edition
Contracts are signed to build the UK's biggest ever aircraft carriers, creating or securing 10,000 jobs across the UK.
BBC News | Business | UK Edition
Music stars and composers are in Brussels to campaign against changes to the rules governing music copyright.
BBC News | Business | UK Edition
Mobile provider Vodafone is to expand its presence in Africa by buying a majority stake in Ghana Telecom for £452m.
BBC News | Business | UK Edition
US firms cut jobs for a sixth month in June, stoking fears the world's largest economy is heading for a recession.
BBC News | Business | UK Edition
Average wage inflation has eased following a series of tough public sector pay settlements, research shows.
BBC News | Business | UK Edition
Leeds-based hauliers Macfarlane Transport cease trading as soaring petrol prices take their toll.
BBC News | Business | UK Edition
The system for regulating US banks should have performed better, US Treasury Secretary Hank Paulson admits.
BBC News | Business | UK Edition
Ryanair raises its stake in rival airline Aer Lingus, which it has been blocked from buying, to just under 30%.
BBC News | Business | UK Edition
Insurers uncovered £5m a week of fraudulent motor insurance claims last year, says the industry body.
BBC News | Business | UK Edition
General Motors shares fall below $10 for the first time in more than 53 years on fears about the carmaker's future.
BBC News | Business | UK Edition
Brewer Greene King sees annual profits rise despite facing an "unprecedented set of challenges".
BBC News | Business | UK Edition
The Dow Jones Industrial Average closes more than 20% below its October peak, making it a bear market.
BBC News | Business | UK Edition
China's cabinet approves a plan to ensure grain production keeps pace with strong domestic demand.
BBC News | Business | UK Edition
Seagate Technology announces a £120m investment in its Springtown plant in Londonderry to be completed by 2010.
BBC News | Business | UK Edition
A government housing programme has proved more successful at demolishing homes rather than building new ones, a report says.
BBC News | Business | UK Edition
A single Briton needs to earn at least £13,400 a year before tax for a minimum standard of living, a report says.
BBC News | Business | UK Edition
The amount borrowed by people cashing in on the increased value of their homes has fallen.
BBC News | Business | UK Edition
The European Court of Justice is hearing a challenge to the right of UK bosses to make people retire at 65.
BBC News | Business | UK Edition
The president of oil producers' cartel Opec tells the BBC crude oil prices could rise still further this week.
BBC News | Business | UK Edition
US factory orders grew by just 0.6% in May, the weakest growth for three months, the Commerce Department says.
BBC News | Business | UK Edition
White House hopeful John McCain urges approval of a US free trade deal with Colombia as he tours the country.
BBC News | Business | UK Edition
Hundreds of lorry drivers travel to London for another protest against the damage they say rising fuel prices are causing.
BBC News | Business | UK Edition
The music industry says thousands of UK broadband users who share tracks illegally will be warned about it in letters.
BBC News | Business | UK Edition
Football governing body Fifa told to pay £57,000 costs after a trial into the collapse its ex-media partner ISL.
BBC News | Business | UK Edition
Senior British staff at TNK-BP will not have to leave Russia, after the migration service approves their work permits.
BBC News | Business | UK Edition
NYT > Business
The unemployment rate held steady as 62,000 jobs disappeared in June, the Labor Department reported.

NYT > Business
The order raised concerns that the online video viewing habits of tens of millions of people could be exposed.

NYT > Business
Starbucks?s biggest mistakes and greatest challenges boil down to three words: location, location and location.

NYT > Business
Samuel Israel III, the hedge fund manager who fled after faking a suicide, went to prison on Thursday, 25 days late.

NYT > Business
The European Central Bank, spooked by soaring prices for food and fuel, raised its benchmark interest rate a quarter of a percentage point to 4.25 percent.

NYT > Business
Anyone who has managed to forget about fuel prices long enough to enjoy a little retail therapy knows some steep discounts are available these days.

NYT > Business
Joshua Persky, an out-of-work investment banker, was interviewed by major news outlets as he stood on Park Avenue, handing out résumés and wearing a sandwich board.

NYT > Business
The Russian government sought to make Bank of New York Mellon liable for $22.5 billion in damages for a money-laundering scandal that helped undermine Russia?s economy.

NYT > Business
Phillip R. Bennett was sentenced for a financial cover-up that brought down one of the world?s largest commodities brokerages.

NYT > Business
Continental Airlines and two of its employees have been ordered to stand trial on involuntary manslaughter charges related to the 2000 crash.

NYT > Business
Another big corporate buyout fell apart as Penn National Gaming announced that it had terminated its $6.1 billion sale to two private equity firms.

NYT > Business
Wall Street capped a shortened trading week with a mixed finish after receiving uneven economic data: news of a contraction in the nation?s services sector and a tame reading on employment.

NYT > Business
A former private banker at JPMorgan Chase is under investigation, suspected of making illegal money transfers, according to federal authorities and court documents.

NYT > Business
The United States service sector shrank unexpectedly in June, according to a closely watched survey, while inflation pressures soared to a record high for the survey?s 11-year history.

NYT > Business
The British economy, like that of the U.S., may be headed for recession, and the reasons are similar: the collapse of a once red-hot housing market and rising inflation.

NYT > Business
A former Morgan Stanley vice president and her husband, a former hedge fund analyst at ING Investment Management, agreed to settle federal regulatory claims that they illegally traded stocks using inside information.

NYT > Business
Chinese steel mills have reached an iron ore agreement with the mining company BHP Billiton in line with the near-doubling of prices won by BHP?s rival Rio Tinto.

NYT > Business
India banned corn exports and curbed shipments of steel, seeking to increase domestic supplies and cool the fastest inflation in 13 years as world commodity prices soar.

NYT > Business
The Vodafone Group said it had agreed to acquire a 70 percent stake in Ghana Telecom, the African country?s third-largest mobile phone operator, for $900 million.

NYT > Business
Delta Air Lines and ExpressJet Holdings said that they had ended the agreement under which ExpressJet provided Delta with some regional flights.

NYT > Business
Britain?s services sector contracted last month by the most since October 2001 and banks said they would curb lending further in the third quarter.

NYT > Business
In a study analyzing the last tech bubble, two professors found younger and less experienced fund managers became more swept up in the euphoria and suffered greater losses.

PRWeb: Business

bet365 poker turns up the heat this summer with their excellent value $500,000 Summer Cash Dash. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/summer_cash_dash/bet365_poker/prweb1073054.htm

PRWeb: Business

Avangate, full service provider for electronic software distribution and reseller management for software vendors is present, second year in a row, at the Microsoft Worldwide Partners' Conference in Houston, Texas. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/avangate/microsoftwpc/prweb1067344.htm

PRWeb: Business

Granite Energy, Inc. (PINK SHEETS: GNGI - News; the "Company"), today announced the successful completion of its newest well. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/Granite/Energy/prweb1072514.htm

PRWeb: Business

Knightsbridge, Canada's leading integrated human capital solutions provider, today announced the acquisition of Axsium Group Inc., North America's leading consultancy in workforce management solutions. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1074534.htm

PRWeb: Business

The recently announced affiliate program from AsiaTiv has now been launched, and it has been a huge success for the hotel reservations portal. Now the popular portal, which offers excellent hotel reservations across the world, allows affiliates to share in their success. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/hotel-reservations/affiliate-program/prweb1063084.htm

PRWeb: Business

Bottled Water Company Working with City to Help Bring Drinking Water to Iowans in Need (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/bottled-water/iowa-flood/prweb1069684.htm

PRWeb: Business

SalsaCrazy.com announces its "Advanced Salsa Dance Mastery System", an incredible six DVD system, featuring over ten hours of stellar dance instruction, and ten dance unique and world renown dance instructors, designed for intermediate and advanced Salsa Dancers now available at http://www.SalsaCrazyAdvanced.com (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/salsa/dance/prweb1071654.htm

PRWeb: Business

Lifeclinic International, Inc., the world's leading manufacturer and distributor of automated blood pressure monitors and health testing stations, will have its newest health station, the LC600 at the McKesson Pharmacy Strategies Conference. The Conference will be held at the Venetian Resort, Las Vegas, NV, July 7 - 10, 2008. The LC600 will be located in the Pharmacy of the Future while Lifeclinic's LC300 blood pressure monitor and LC500 health station will be in its booth, #941. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1072824.htm

PRWeb: Business

HealthPricer receives significant international award for overall web site design. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1073104.htm

PRWeb: Business

It is crucial for today's business personnel to understand the impact of cross cultural differences on business, trade and internal company organisation. If people are not cross culturally aware then misunderstandings, offence and a break down in communication can occur. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/localization_services/translation_services/prweb1067364.htm

PRWeb: Business

Local Firm of Young, Up-and-Comers Leads Rental “Renaissance” in White Plains (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/real_estate_firm/paddington_stone/prweb1067924.htm

PRWeb: Business

Leading British independent electricity supplier for SMEs, Electricity4business, is raising its presence in the energy market and increasing its profile further in the field. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070804.htm

PRWeb: Business

The agreement between KC Grupp and Racing Engineering perfectly fits within Reinsalu's company's strategy scopes, as the world media exposure provided by the GP2 Series is the optimal path to helping the Estonian company get international recognition with both speed and efficacy in the unique fashion that is provided by motorsport. The signing of this contract denotes that the Estonian based company becomes one of the Spanish team's endorsers for the 2008 GP2 Series. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1071134.htm

PRWeb: Business

Vertrue, a Premier Online Marketer, Helps Job Hunters During Tough Times (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/Vertrue/Vertrue_Incoporated/prweb1071694.htm

PRWeb: Business

Todays Escapes Highlights the Virtues of Traveling Light (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/todays_escapes/todaysescapes/prweb1071904.htm

PRWeb: Business

ADL Insulflex, Inc., global manufacturer/distributor of industrial high temperature protection materials, launches new b2b website. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/ADL_Insulflex_firesleeve/heat-resistant_fabric/prweb1072144.htm

PRWeb: Business

Hispanics changing the landscape of news: Univision's local newscasts in LA and NY are #1 and #2 in the entire nation among all adults 18-49 regardless of language. Hispanic Influence Driven by Population Growth, Increased Economic Impact and Unprecedented Civic Engagement. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1072484.htm

PRWeb: Business

21st Century Software joins IBM in furthering the business value of the System z mainframe with DR/VFI Recovery Assurance software. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1072604.htm

PRWeb: Business

Opportunities exist within contractors accommodating to new administration needs (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/government_business/authority/prweb1072744.htm

PRWeb: Business

ToyotaLiveWeb.com announces the 2009 MPG Corolla Sweepstakes, featuring the giveaway of a 2009 Toyota Corolla. The contest is sponsored by Central Atlantic region Toyota Dealer Association, and is open to certain residents ages 18 and older through July 31, 2008. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1072854.htm

PRWeb: Business

According to recent research, up to 40% of sales managers fail in their first year* because their skills fail to meet the needs of their position. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/sales_training/sales_recruitment/prweb1073094.htm

PRWeb: Business

Dr. Emil Chynn of the Park Avenue Laser Vision (PALV) Center recently appeared on Fox Weekend News as a featured guest to discuss the issue of offering his patients discounts for posting videos of their LASIK and LASEK surgeries on the popular video sharing site, YouTube. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/LASEK_SURGERY/YOUTUBE/prweb1073194.htm

PRWeb: Business

Fast growing Canadian technology company Protus IP Solutions responded today to a competitor’s patent infringement suit by noting that the asserted patents are not relevant to the company or any of its products. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/protus/patent/prweb1074384.htm

PRWeb: Business

Marketing and Branding Agency Partners with One of the Industry's Leading Web Analytics Consulting Firms (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1069054.htm

PRWeb: Business

Mobile CRM software vendor W-Systems has announced the successful acquisition of its 200th small business customer, reinforcing its position as the leading global supplier of mobile CRM solutions for the small business market. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1071514.htm

PRWeb: Business

UR-InThePaper Ltd, the largest personalised newspaper company in the UK, today announced that their Managing Director, Rebecca Philipson, has met the British Prime Minister, Gordon Brown, for the second time in two years. 24-year-old Rebecca was invited by Durham MP, Hilary Armstrong, to celebrate the success of local entrepreneurs at a private reception held at Number 10 Downing Street on June 23rd, 2008. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1068164.htm

PRWeb: Business

Simply Retail Inc., the nation's leader in customized healthcare retail systems, has just launched a customized training and assessment program specifically designed to teach a healthcare organization's retail buyer effective buying and inventory processes. The new Buyer Mentoring program serves as an opportunity for healthcare systems to leverage existing retail revenues through better merchandising practices and as an investment in the system's current retail staff. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1069984.htm

PRWeb: Business

The U.S. Border Patrol, in partnership with RecruitMilitary, LLC, will present a free career fair and open house for job seekers who have military backgrounds in Edinburg, Texas, on Saturday, July 19. The event will take place from 9 a.m. until 4 p.m. at the Border Patrol's Rio Grande Valley Sector Headquarters. Edinburg is the county seat of Hidalgo County, which borders the Rio Grande; Edinburg is about 60 miles from the Gulf of Mexico. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070194.htm

PRWeb: Business

760 Media recently recieved the Communicator Award for developing a political brand design for local city council candidate. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070254.htm

PRWeb: Business

For being a Miracle Leader and transforming the business world with his "Lovecat" ways, Tim Sanders is honored as the first official member of Stephen McGhee Leadership's Miracle Leader Hall of Fame! (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070424.htm

PRWeb: Business

ALB Commercial Capital ("ALB"), an Altadena, CA-based small balance commercial lender, announced today that it is preparing to launch a national broker-affiliate strategy that will expand its presence in all 50 states. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070564.htm

PRWeb: Business

eXample Consulting Group is pleased to announce the launch of its immensely practical Lean Six Sigma Black Belt Certification public workshops in the Indian market aimed at experienced industry professionals and organizations (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070314.htm

PRWeb: Business

Advantage Virtual Assistant opens its virtual doors, offering general administrative and legal support services to small business owners, entrepreneurs, and attorneys. (PRWeb Jul 3, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070504.htm

PRWeb: Business

Greg Jarboe of SEO-PR and Amanda Watlington of Searching for Profit to provide search engine optimization training on "Optimizing for Universal Search" for SES. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1068624.htm

PRWeb: Business

PreVisor co-sponsors national education series on hot topics in selection and staffing. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1070004.htm

PRWeb: Business

Never again will you forget the bottle of wine you had at dinner. CorkSavvy.com – the website where wine lovers get savvy – recently launched an inventive new application for smart phone users, allowing them to electronically store bottles of wine along with tasting notes from a meal. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1042914.htm

PRWeb: Business

Inflatable Adventures offers full party planning and organizing for California and Nevada for five successful years. From initial setup, supervising the attractions, to tear-down and clean-up, Inflatable Adventures covers every step of throwing a top-notch and unforgettable birthday party, school carnival, corporate event or any other planned gathering. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1062144.htm

PRWeb: Business

Pay-per-click advertising network 7Search.com announces the release of conversion tracking, geo-targeting and a direct navigation advertising offering dubbed Click-Free™. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/2008/07/prweb1064724.htm

PRWeb: Business

Lumension's Steve Antone to outline a new approach to vulnerability management, configuration management and technical policy compliance. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/scap/fdcc/prweb1065364.htm

PRWeb: Business

Bellingham, Washington training association Lean Leadership Institute is taking companies throughout the world from the red to the black in incredible timeframes, with a current average annual benefit per Certified Lean Leader student project of $44,400. (PRWeb Jul 2, 2008)

Read the full story at http://www.prweb.com/releases/Lean_Leadership/Institute/prweb1068834.htm

Reuters: Business News
HONG KONG (Reuters) - Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardize earnings and curb consumer spending, with the uncertain economic outlook following U.S. jobs data boosting safe-haven government bonds. This week has been punctuated by stagflation fears and deteriorating sentiment after the Dow Jones industrial average slipped into a bear market this week, down more than 20 percent from October highs, joining Asia markets and pushing investors into safe

Reuters: Business News
WASHINGTON (Reuters) - U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and the country's vast service sector unexpectedly contracted, underscoring the economy's frailty.

Reuters: Business News
NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker.

Reuters: Business News
NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors.

Reuters: Business News
NEW YORK (Reuters) - Hedge fund swindler Samuel Israel III faced a fresh charge of bail jumping on Thursday and was ordered to jail immediately, one day after his mother convinced him to end a high-profile run from justice.

Reuters: Business News
NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, Idaho, next week.

Reuters: Business News
NEW YORK (Reuters) - Want to buy newspaper stocks? You should see an analyst. Trouble is there aren't many around anymore.

Reuters: Business News
LONDON/NEW YORK (Reuters) - British Airways Plc , AMR Corp's American Airlines and Spain's Iberia are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the matter said on Thursday.

Reuters: Business News
NEW YORK (Reuters) - Delta Air Lines Inc and ExpressJet Holdings Inc said on Thursday they had ended the agreement under which ExpressJet provided Delta with some regional flights.

Reuters: Business News
HAMILTON, Bermuda (Reuters) - New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the New York Insurance Exchange, which was seen as the U.S. equivalent of the Lloyd's of London market when it was founded to great fanfare in 1980.

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eFinancialDistrict is a finance and accounting portal that hosts forums, search directory and offers finance and accounting books at discount prices. Our guess is that those of you who come visit eFinancialDistrict are very interested in finance and accounting, and you are also interested in various finance and accounting products and services. We list finance and accounting products and services and their brief information in this "eFinancialDistrict Referral Program Spotlight" section of eFinancialDistrict Business News. If you want to find out more about any finance or accounting product or service, you can just fill out the form linked from eFinancialDistrict Referral Program Spotlight and request information; it is completely free for anyone to request information. If you'd like to see the full list of finance and accounting products and services, the list is available here.

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