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Business News

BBC News | Business | UK Edition
The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.
BBC News | Business | UK Edition
More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.
BBC News | Business | UK Edition
Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.
BBC News | Business | UK Edition
Tips on surviving the financial crisis, and full coverage of the UK economy
BBC News | Business | UK Edition
Lord Mandelson says the government is considering help for car finance firms but rules out help for vehicle manufacturers.
BBC News | Business | UK Edition
The founder of scandal-hit Indian software company Satyam is arrested two days after he admitted falsifying the firm's accounts.
BBC News | Business | UK Edition
JD Sports and Jessops offer a glimmer of hope from the High Street, saying sales were up on last year.
BBC News | Business | UK Edition
UK manufacturing output falls at its fastest pace since 1981 in November, underlining the weak state of the economy.
BBC News | Business | UK Edition
Some "pay-day loan" companies charge as much as 10,000% annual interest on their loans, says a Shadow minister
BBC News | Business | UK Edition
Cut-price supermarket Aldi begins to offer holidays, during the travel industry's busiest week of the year.
BBC News | Business | UK Edition
Christmas lunch, the Queen's speech and trawling for online bargains as shoppers log on for Christmas Day shopping
BBC News | Business | UK Edition
Fraudsters are targeting people with scam e-mails in the run-up to the self-assessment tax returns deadline.
BBC News | Business | UK Edition
Will your mortgage lender have to pay you interest?
BBC News | Business | UK Edition
Did George Bush lead the world into economic crisis?
BBC News | Business | UK Edition
How Sir Alan Sugar has succeeded over 40 years
BBC News | Business | UK Edition
Explaining the maths behind the credit crunch
BBC News | Business | UK Edition
Uncharted territory for UK interest rates
BBC News | Business | UK Edition
Will Gaza's next struggle be an economic one?
BBC News | Business | UK Edition
Consumer unease causes BMW group sales to fall 4.3% in 2008, despite rising sales from its Mini and Rolls-Royce marques.
BBC News | Business | UK Edition
A deal to restore flows of Russian natural gas via Ukraine is held up despite the arrival of EU monitors in the region.
BBC News | Business | UK Edition
Sales of Tomb Raider: Underworld are below forecasts, with US sales particularly hard hit, UK games firm Eidos says.
BBC News | Business | UK Edition
Production in Spanish factories fell by 15.1% in November, the biggest fall on record, as the downturn gathers pace.
BBC News | Business | UK Edition
Workers at two major Indian oil companies call off a strike, but the action continues at 10 other firms.
BBC News | Business | UK Edition
US President-elect Barack Obama's economic stimulus plan runs into opposition from within his own party.
BBC News | Business | UK Edition
A law ensuring the details of every e-mail sent in the UK are kept is an attack on civil liberties, say critics.
BBC News | Business | UK Edition
South Korea cuts interest rates to a record low of 2.5%, as carmaker Ssangyong applies for bankruptcy protection.
BBC News | Business | UK Edition
Housebuilder Bovis announces another 200 job losses and says it will not be paying a dividend for 2008.
BBC News | Business | UK Edition
The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.
BBC News | Business | UK Edition
India's main share index falls to a one-month low on fears that an accounting scandal may prompt foreign investors to withdraw funds.
BBC News | Business | UK Edition
Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.
BBC News | Business | UK Edition
A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.
BBC News | Business | UK Edition
The UK arm of the insurance broking group Aon is fined £5.25m for making "suspicious payments" to people and firms overseas.
BBC News | Business | UK Edition
Councils are taking people to court too quickly if they fall behind with their council tax, the Liberal Democrats claim.
BBC News | Business | UK Edition
The economic downturn is helping to drive record levels of unpaid overtime by workers fearing for their jobs, the TUC claims.
BBC News | Business | UK Edition
US retailers including Wal-Mart saw disappointing sales in the key Christmas trading period, as consumers reined in spending.
BBC News | Business | UK Edition
Spain's unemployment total hit a 12-year high in 2008, while jobless numbers in the eurozone rose further in November.
BBC News | Business | UK Edition
The Czech Republic warns the European Union against borrowing its way out of the global slowdown.
BBC News | Business | UK Edition
Carmaker Nissan announces it is to axe about 1,200 jobs, a quarter of the workforce in Sunderland.
BBC News | Business | UK Edition
A holiday company has changed its pricing policy after an investigation by the BBC's Working Lunch programme.
BBC News | Business | UK Edition
Sainsbury's says it has just had its "best ever Christmas performance", with its sales rising 4.5% in the past three months.
BBC News | Business | UK Edition
For the latest business analysis
BBC News | Business | UK Edition
NYT > Business
The economy lost 524,000 jobs in December, bringing the total for 2008 to 2.6 million, and a rapidly deteriorating economy promised more in the months ahead.

NYT > Business
Bernard Madoff remained free on bail as questions arose about when he told his brother Peter B. Madoff, the firm?s chief compliance officer, of his Ponzi scheme.

NYT > Business
The announcement that former Treasury Secretary Robert E. Rubin will step down came as Citigroup was in talks to sell an interest in its brokerage unit to Morgan Stanley.

NYT > Business
It?s time to appreciate and evaluate your frequent flier and other rewards programs.

NYT > Business
Authorities suspect some of the money may have been used to finance Iran?s nuclear and missile programs.

NYT > Business
Economists say it is unclear whether President-elect Barack Obama?s stimulus package is big enough and whether it would provide the most bang for the buck.

NYT > Business
Small cities in 25 states ? almost 100 communities in all ? have lost commercial air service in the last two years for a variety of reasons.

NYT > Business
Authorities took over Satyam?s board on Friday, seeking to ensure that clients are not affected and that confidence is restored in the stability of Indian outsourcers.

NYT > Business
J. Ezra Merkin is facing legal pressure over investments he made in Bernard Madoff?s firm.

NYT > Business
The overseer of the $2.6 trillion municipal bond market says it is too lightly regulated.

NYT > Business
While the job report fell short of the direst predictions, it was still bad enough to spark a broad decline.

NYT > Business
Citing a ?renewed assessment of the evidence,? a United States attorney ends a case against the former executive of Collins & Aikman.

NYT > Business
The task of saving for a rainy day seems daunting, but finding specific areas to cut back can help.

NYT > Business
Americans holding secret offshore accounts at UBS are about to have their funds returned to them, possibly raising paper trails that will make it easier for the I.R.S. to track down tax evaders.

NYT > Business
The Hearst Corporation will stop printing The Seattle Post-Intelligencer unless it can find a buyer in the next 60 days, company executives told employees.

NYT > Business
The company, citing the global economic slowdown, said the job cuts would be made in its commercial aircraft business.

NYT > Business
A trip to a rink for figure skating lessons in pursuit of exercise ends with a graceful note.

NYT > Business
The economy is forcing automakers, and not just the Big Three, to cut back on audacious displays at the Detroit auto show.

NYT > Business
The European Commission said an agreement had been reached to send a monitoring mission to oversee gas deliveries, but Moscow said Ukraine had not signed yet.

NYT > Business
The Boeing Company plans to cut about 3 percent of its work force as a weakening global economy reduces demand for jetliners

NYT > Business
The Ssangyong Motor Company has applied for protection from creditors after red ink mounted and its cash flow collapsed amid falling sales.

NYT > Business
President-elect Barack Obama and Congressional Democrats want to apply greater scrutiny and a more defined mission to the $700 billion rescue program.

NYT > Business
Merisant Worldwide filed for Chapter 11 bankruptcy protection, weighed down by increased competition and too much debt.

NYT > Business
KB Home stemmed losses in the fourth quarter compared with a year ago, but it said that sales had fallen 56 percent and that it expected home prices to fall further this year.

NYT > Business
Rambus, a designer of high-speed memory chips, may not use 12 of its patents to demand royalties from Micron Technology, a federal judge ruled.

NYT > Business
The godfathers of a plan to seek federal financing for a Las Vegas museum on organized crime say the museum and the city have become scapegoats.

NYT > Business
India?s credit crisis helped expose the Satyam fraud case.

PRWeb: Business

As the economy continues its roller coaster ride, fewer things become recession proof and more material possessions are becoming obsolete. A New York City jeweler has acquired the "Gran Canaria", one of the pre-eminent Canary diamonds in the world today. A natural diamond so tenuous and unique, TraxNYC is the first NYC jeweler to offer it for sale to internet consumers. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/hip_hop_jewelry/diamond_jewelry/prweb1834334.htm

PRWeb: Business

How do you opt out of a recession that has so clearly begun to define our economy for the foreseeable future? The creative minds at Holton Sentivan + Gury (HSG), an advertising agency based in Philadelphia, have developed "No Recession for Me" ( www.norecessionforme.us ), a no-holds-barred, video-centric website that asks all Americans: will you surrender to the bad news and negativity, or take a stand and strike back? (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835744.htm

PRWeb: Business

In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories. Charlotte-based builder, Southampton Homes has recently engaged Tranzon/Metrolina to auction six custom homes to bidders searching for good values. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835834.htm

PRWeb: Business

KickBrix™ (http://www.KickBrix.com), a new leader in Personal Energy Product category has officially launched worldwide and is a faster, more cost-effective way for an individual to boost her or his energy-level than high-calorie, sugary energy drinks or shots. An individual can pop a convenient, quick KickBrix chew in his mouth, and go--before a college final or all-night recording session, during a tough gym workout, over a long drive and to hurdle a 3:00 PM business meeting, get his Saturday Night dance-groove on or stay alert for a Mixed-Martial Arts Match, Motocross Race or Surfing Safari. The product is currently available online and in selected convenience and sports stores. In addition, the KickBrix company has created a no-cost, "Tell a Friend," Internet-based affiliate program, whereby KickBrix will pay commissions to each Referral "Rep" for each new customer referred to KickBrix by her affiliate Web site, and the company will continue to pay commissions for subsequent purchases made by that customer. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1839614.htm

PRWeb: Business

The IRS made sweeping changes to IRS Section 125 Cafeteria Plan regulations on August 6, 2007 set to take effect January 1, 2009. Employers utilizing Section 125 Premium Only Plans, Health Flexible Spending Accounts and Dependent Care Assistance Plans have to update their Plan Documents or face potential penalties and the possibility of having their Plan disallowed back to the date of infraction. Core Documents at www.CoreDocuments.com has an affordable solution. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1840654.htm

PRWeb: Business

Leading SEO industry educators Robin Nobles, John Alexander and Michael Marshall will be meeting on Jan. 24-26 for a special hands-on SEO skills Workshop celebrating the 7th Anniversary Reunion. All seats for this hands-on SEO Workshop are discounted by 50%. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1836024.htm

PRWeb: Business

New release of on-demand Pointwing recruiting software accelerates recruiting by adding "Smart Match" semantic search engine for more accurate candidate resume job search matches. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1804144.htm

PRWeb: Business

Thought Leader Strives to Expand Reach of GIS in Education (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/GIS/Education/prweb1804824.htm

PRWeb: Business

My1Stop.com print services expansion continues with the addition of mailing services and bulk mailing services. The new direct mail services, dubbed "Direct Express Mail", join the My1Stop Services offering which includes, Print Management Services, Graphic Design Services and Green Business Services. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/direct-mail-services/mailing-services/prweb1826764.htm

PRWeb: Business

Back by popular demand! TheMoveChannel.com has relaunched its investment property site, which is the very best place to find a whole host of fabulous investment opportunities and check out the most popular investment deals of the day. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1834664.htm

PRWeb: Business

From 1st February until 31st March 2009, CelebPoker.com is offering players the opportunity to get rich and to become one of the stars of live poker at the prestigious high-stakes San-Remo Main Event from 18-23rd April 2009. €4M prizepool is expected with over €1M for the winner. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/ept/sponsorship-packages-2009/prweb1834864.htm

PRWeb: Business

New England Peptide, a Massachusetts-based designer and producer of custom peptides and polyclonal antibodies for drug and vaccine discovery organizations worldwide, is providing customers with alternative chemical solutions in the face of the global shortage of acetonitrile. Heading New England Peptide's strategic usage of new solutions are two leading peptide experts, Dr. Robert Hammer and Dr. Robert Hodges. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835194.htm

PRWeb: Business

Eight Orchids, a 157 unit Oakland condominium community in downtown Oakland, outpaces all new condo sales in the Bay Area. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835624.htm

PRWeb: Business

Joseph Law Firm, P.C. is pleased to announce a half-day seminar on non immigrant visa options for international artists, entertainers, models and athletes. The seminar will explore the various visa options available to international artists, entertainers, models and athletes and the requirements and challenges with each visa option. It will be held January 23, 2009 in Denver, Colorado. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/Immigration/Seminar/prweb1836174.htm

PRWeb: Business

Maritz, the leading provider of sales and marketing services, has released a whitepaper that addresses how vendor companies can improve their channel alignment strategies, build stronger business relationships and foster channel partner loyalty programs. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1840524.htm

PRWeb: Business

New award for excellence in the Headwear Industry given out by 137-year old publisher to headwear designers and retailers worldwide (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1840674.htm

PRWeb: Business

Fourth annual tourism internet marketing conference Online Revealed Canada, introduces leading Canadian entrepreneur Arlene Dickinson as opening keynote for the April 13-15, 2009 conference in Niagara Falls. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/internetmarketing/marketingtraining/prweb1840744.htm

PRWeb: Business

First Significant Improvement to the Spring Floor in 25 Years. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1841234.htm

PRWeb: Business

You might say that Thailand's Chang Beer is hoarding gold. Gold medals that is. The smooth, crisp and full-bodied premium malt lager import recently picked up its second international gold medal in 2008. The most recent accolade was bestowed on Chang, the No. 1 Thai import in the U.S., by the acclaimed Beverage Testing Institute (BTI). Chang earned an impressive 90 points in The 2008 World Beer Championships and was awarded a gold medal in the Pale Lager Division with an "Exceptional" rating by the Beverage Testing Institute judges. BTI uses a proprietary blind tasting methodology developed by America's premier independent alcohol beverage review body. Six months earlier, Chang received a gold medal in the Beers, Water & Soft Drinks category at the prestigious MONDE SELECTION Bruxelles - World Selection of Quality 2008 in Vienna, Austria. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1841854.htm

PRWeb: Business

Anybill, Inc., the leading provider of turn-key, on demand Accounts Payable software and services to small and medium sized businesses announced today that Boston Private Bank & Trust Company has selected Anybill to fully automate its Accounts Payable process. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/accountspayable/automationsoftware/prweb1841864.htm

PRWeb: Business

Through a communitywide effort, entrepreneurs will have a dedicated office in Battle Creek to help launch new enterprises. Comprehensive assistance will be available from four partner organizations: Kellogg Community College, Generation E, SCORE (small business counselors) and Battle Creek Unlimited. The Entrepreneur Office will be located on the Kellogg Community College Campus in the Mawby Center, and entrepreneurs may visit in person for help to jumpstart their businesses. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1841914.htm

PRWeb: Business

The newly elected Congress has been sworn in, President-elect Obama is about to take the oath of office; millions of Americans are hoping that a tax break is on their 2008 tax returns for the support they've given chosen candidates (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1842464.htm

PRWeb: Business

The source of recent strategic changes at the Swedish entertainment company Boda Borg is a team of new international executives who recently acquired the company. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/Boda_Borg/questing/prweb1843134.htm

PRWeb: Business

Firm Recognized as One of the Fastest Growing Companies in Greater Washington (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/Parature/Future_50/prweb1844674.htm

PRWeb: Business

China's payment card market continued to grow at dazzling speed from an already sizable base over the past two years. By September 30, 2008, there were 1.73 billion credit and debit cards in circulation, up 18.8% from a year earlier. By the end of 2008 the number should reach over 1.8 billion, making China by far the largest card market in the world by card numbers. Even though payment cards' share of China's consumer spending still lags behind major developed card markets such as the U.S. and the U.K., there is tremendous upside potential for payment cards in China with the improving card acceptance environment and the growing consumer spending.The latest report from Mercator's International Advisory Service provides an overview on the latest developments in China's payment card market. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1836554.htm

PRWeb: Business

This report examines recent developments in the highly competitive small business credit card marketplace. Small business credit, charge, and debit purchase volume is approaching an estimated $330 billion annually in the United States, and the market has offered above-average growth for issuers targeting the segment. While the final numbers for 2008 are not in, it has been a challenging year for issuers seeking to maintain control of credit quality, and for small businesses to maintain financial control in the midst of a challenging economic environment. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1836594.htm

PRWeb: Business

FairRidge Group, a management consulting firm, announces the availability of its sustainability index reporting services to help companies meet increasing external environmental and social reporting requirements. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1838004.htm

PRWeb: Business

Aspen Dental exemplifies corporate citizenship through network-wide outreach program (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837174.htm

PRWeb: Business

SOMWBA certification expands the market opportunities of Minority Business Enterprises and Woman-Owned Business Enterprises (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837654.htm

PRWeb: Business

ProServeIT Corp., a leader in providing high-level technology consulting and implementation services to the North-American mid and enterprise business markets, has hired Mr. David Reimer as President effective January 5, 2009. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835174.htm

PRWeb: Business

California based merchant affiliate offers green related business owners charge card applications through www.bankcardempire.com/amsi609. The site allows advance funds to end-users the funds against their future credit card receipts. From there a mutually agreed-upon percentage is taken of the daily merchant's Visa/MasterCard receipts until full repayment. As a newly styled form of repayment helps to redefine the lending process for small business this economic benchmark will surely reside close to the hearts of retailers across the country. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835814.htm

PRWeb: Business

Williamson Intellectual Property Law, LLC. Firm announces new patents issued to clients and newly published patent applications. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1836764.htm

PRWeb: Business

Kirk Communications, a leading global provider of integrated marketing solutions, today announced it has designed and launched a website for Optimize Interactive. The new website for Optimize Interactive, based in Luxembourg, allows visitors to make a fast, yet thorough assessment of the breadth of the interactive marketing and content writing services the company offers for international businesses. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837854.htm

PRWeb: Business

Shinhan Bank (신한은행), one of the largest banking groups in Korea, has chosen World-Check's risk intelligence service to enhance its internal AML, CFT and KYC processes. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1844194.htm

PRWeb: Business

AuraGenix BioPharma, a wholly owned subsidiary of AuraGenix N.V. reported today that the Company will increase its marketing budgets in 2009 by as much as 300% over Fiscal 2008. The Company is attending IMCAS 2009 in Paris, January 8th -11th and will exhibit at The Anti-Aging Medicine World Congress in Monaco, March 22nd-24th. (PRWeb Jan 9, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1844754.htm

PRWeb: Business

Splash Media LP, an Emmy Award-winning innovator in eTraining and digital video publishing, has partnered with Wiley to create and produce a library of online training videos for Wiley's For Dummies branded imprint. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837814.htm

PRWeb: Business

Research indicates the recession is a growth catalyst for Mobile Learning (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Ambient_Insight/Mobile_Learning/prweb1832714.htm

PRWeb: Business

Strategic Solutions Advisers, LLC has launched a new service for independent business professionals; YourBusinessUmbrella.com provides corporate branding and a corporate umbrella for independent professionals seeking to offer their expertise to organizations while minimizing overhead costs associated with unique organizational structures including marketing materials, contracts, customer relationship management and other service related activities (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Marketing_Tools/Virtual_Office/prweb1832824.htm

PRWeb: Business

Helps companies answer their most immediate business questions in hours. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/free/trial/prweb1785174.htm

PRWeb: Business

Romantic Travel Packages and Deals in Europe and the Caribbean (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/romantic-travel/Valentines-Day/prweb1835974.htm

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