Thursday, March 18, 2010

Site Search

Posts Tagged ‘Finance’

Toyota sales up 50% since March despite recalls

It may seem somewhat surprising to know that despite continued recalls of various Toyota models, it’s been reported that Toyota sales in North America are up 50% since the beginning of March. This is probably due to a range of incentives to revive deteriorating sales, such as no-interest loans and maintenance free of charge.  Read more  [Read more...]

Bank of England Base Rate: BOE holds key lending rate

Today both the Bank of England and the European Central Bank have held their key lending rates, with the BOE maintaining at 0.5%. The BOE have also put on hold their money-printing quantitative easing programme.  Read more  [Read more...]

Sterling sinks low against the dollar

Sterling’s not looking good today as it drops to a ten month low against the dollar. Indeed it appears that it may suffer its biggest drop in one day for a year following polls that a very possible consequence of the imminent general election may be a hung parliament.  Read more  [Read more...]

Move your Money campaign urges changing to a smaller bank

A lot of people are asking the same question at the moment. Does it pay to move your money from the large banking institutions to a small-town banker? Arianna Huffington of the Huffington Post has launched a ‘Move Your Money’ campaign to encourage consumers to take their money away from the large banks into banks that may be smaller and more focused...  Read more

Thomson Reuters reports lower quarterly profits but positive outlook

News from Thomson Reuters Corp., is of lower quarterly profits and warnings that customer losses in 2009 will continue to damage revenue this year. However the information and news supplier also said that in the fourth quarter, net sales were encouraging.  Read more  [Read more...]

Indian Railway Budget 2010: India’s rail budget for fiscal year

India’s Railway Minister Mamata Banerjee presented India’s Rail Budget for the next fiscal year on Wednesday. And according to a report at economictimes.indiatimes.com, it comes with the promise of a new business model to encourage private investment and social commitment, without privatization.  Read more  [Read more...]

After Dubai World report, Dubai’s shares continue to fall

After the Moody’s Investors Service report on Dubai World it seems the bad news has hit Dubai shares in a big way. In the report it was said that Dubai World currently owed United Arab Emirates banks a total of 55 billion dirhams or $15 billion.  Read more  [Read more...]

PayPal India payment gateway banned

A recent problem that online payment service PayPal has had with local regulators in India, has resulted in them enforcing a ban on personal transactions to and from the country. And according to macworld.com, the ban will continue for at least a few months, while they try to resolve the problem.  Read more  [Read more...]

News By Country