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U.K. Producer Prices Rise at Slowest in Six Months
U.K. producer prices rose in August at the slowest annual pace in six months, a sign inflation pressures in the economy may be waning.
Source: BusinessWeek.com
Dubai World Gets Approval for $24.9 Billion Debt Plan
Dubai World received approval from creditors to alter the terms on $24.9 billion of debt, nine months after the state-owned holding company's proposal to delay repaying loans sent emerging market stocks tumbling.
Source: BusinessWeek.com
Most Asian Stocks Gain on Japanese Growth, U.S. Jobless Claims
Most Asian stocks rose as Japan boosted its estimate for second-quarter economic growth and fewer people applied for jobless benefits in the U.S.
Source: BusinessWeek.com
London Pinnacle Tower Owner Said to Be in Lease Talks
The developer of the City of London's tallest skyscraper is in talks to lease as much as a quarter of the tower to U.K. fund manager Schroders Plc, according to two people with knowledge of the discussions.
Source: BusinessWeek.com
China $20 Billion Trade Surplus May Add Yuan Pressure
China posted a third straight trade surplus of more than $20 billion in August even as imports leaped, highlighting friction with the U.S. over claims that the nation's currency is undervalued.
Source: BusinessWeek.com
Nokia Names Microsoft’s Elop CEO as Apple Wins Market
Nokia Oyj named Stephen Elop, head of Microsoft Corp.'s business unit, as chief executive officer, after the world's largest mobile-phone maker's struggles to take on Apple Inc. iPhone wiped $61 billion off its market value.
Source: BusinessWeek.com
7-Eleven in Talks to Buy Casey’s to Expand in U.S.
7-Eleven Inc., the biggest U.S. convenience-store chain, is in talks to acquire rival Casey's General Stores Inc. for $40 a share.
Source: BusinessWeek.com
Rich to Lose Cost of BMW If Bush Tax Cuts End
Wealthy Americans have the price of a BMW convertible riding on the outcome of the Congressional battle over tax cuts set to expire this year.
Source: BusinessWeek.com
Labor-Market Woes in U.S. Prompt Reductions in Growth Forecasts
The U.S. economy will slow more than previously estimated through next year as elevated unemployment tempers consumer spending and companies trim investment plans, economists polled by Bloomberg News said.
Source: BusinessWeek.com
Wall Street Faces a Grim Third Quarter
After a slow summer, a burst of activity in September is needed to avoid a weak quarter in investment banking and trading
Source: BusinessWeek.com
Tiny Regional Jets Fly Toward the Scrap Heap
The 50-seat planes were popular when fuel was cheaper, but they don't suit today's economics
Source: BusinessWeek.com
The Man Who Makes Your iPhone
Foxconn founder Terry Gou might be regarded as Henry Ford reincarnated if only a dozen of his workers hadn't killed themselves this year. An exclusive look inside a postmodern industrial empire
Source: BusinessWeek.com
IBM's Push to Steal Sales from Its Rivals
After losing ground to Hewlett-Packard in servers, Big Blue tries auto industry tactics to boost sales
Source: BusinessWeek.com
