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Business news from The International Herald Tribune, the world's daily newspaper online.

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Friday January 9th, 2009

1.0

For BlackBerry, a priceless endorsement

From Business with Reuters - International Herald Tribune, 19 hours ago, 0 comments Comment

President-elect Barack Obama has become BlackBerry's most prominent user, a pitch that would be worth millions if he could charge for it.
5.0

Deal reached to end gas cuts in Europe

From Business with Reuters - International Herald Tribune, 19 hours ago, 0 comments Comment

The European Union said gas supplies to the Continent should resume shortly, after a deal was struck late Thursday with Ukraine and Russia. A Bulgarian priest tried to warm his church with a wood-burning stove.
1.0

Choice items from the Consumer Electronics Show

From Business with Reuters - International Herald Tribune, 19 hours ago, 0 comments Comment

The big trade show in Las Vegas began this week. Here is a selection of products sure to catch the eye (and the wallet).
1.0

Big dividends were based on easy loans

From Business with Reuters - International Herald Tribune, 19 hours ago, 0 comments Comment

In the bull market, generous dividends seemed to prove that corporate earnings were real. But they were based on easy money from lax lenders.
1.0

South Korean carmaker files for receivership

From Business with Reuters - International Herald Tribune, 19 hours ago, 0 comments Comment

Ssangyong Motor Company became a casualty of the global economic downturn Friday, filing for receivership in a bid to stave off collapse.

Thursday January 8th, 2009

Bank of England lower rates by half a point

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

Economists expect Britain to follow the United States in reducing the rate to close to zero by the second quarter of this year.

In hard times, White House replica goes up for sale

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

For the last seven years, Fred Milani has lived in a scaled-down version of the White House in Atlanta, but change is coming to the replica, an outsized casualty of the national housing crisis.

Gas conflict unresolved after Russia-Ukraine talk

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

Top gas executives failed to resolve a conflict that has disrupted the transfer of heating fuel to parts of Europe.

New gadgets but lots of questions

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

Nearly everything at the Consumer Electronics Show, opening in Las Vegas on Thursday, is a little computer that wants to seek out and connect to other computerized devices, no matter who makes them.

U.S. debt is losing its appeal in China

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

As the global downturn has intensified, Beijing is starting to keep more of its money at home, just as the U.S. is projecting record deficits.

For Pittsburgh, there's life after steel

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

After decades of reinvention, two of the biggest sectors of Pittsburgh's local economy are education and health care, among the most resistant to downturns.

Auditor could be target in India fraud

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

Lawyers in India said that investors who lost money in the Satyam outsourcing scandal could try to recoup by suing PricewaterhouseCoopers, which audited Satyam's books.
1.0

Dell shifting production to Poland from Ireland

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

The U.S. computer maker said that it would shift its European manufacturing base to Poland from Ireland and cut 1,900 of 3,000 jobs at its plant in Limerick.
3.4

Crisis trumps constraint in U.S.

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

Economists say Congress should spend whatever it takes to rescue the economy.
6.2

British fraud office opens inquiry into Madoff

From Business with Reuters - International Herald Tribune, 1 day ago, 0 comments Comment

The Serious Fraud Office in Britain announced that is opening an investigation into Bernard Madoff's business operations in the country.

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