Monthly Archives: October 2012
China’s manufacturers return to growth
Renewed optimism about the Chinese economy will form a much-wanted positive backdrop for the ruling Communist party at its Beijing congress next week More »
Wall Street contingency plans take heat
Flawed back-up systems marred Wall Street’s return to work, while exchanges and regulators blamed the extended trading break on a lack of disaster preparation More »
Icahn interest sparks Netflix rally
The shares jumped 13.9 per cent after the veteran corporate raider disclosed he controlled a tenth of the underperforming DVD subscription and online streaming business More »
New York subway to resume limited service
Some transport lines were beginning to come back online but it will be days before New Yorkers will see normal services following flood and wind damage More »
Potash in talks to buy Israel Chemicals
Canadian group is in talks to buy Tel Aviv-listed company, in the latest sign of consolidation in the agricultural fertiliser industry More »
US phone addicts suffer withdrawal
Not having cell phone service is harder than not having power or Internet connection, say New Yorkers More »
East coast begins Sandy clean-up
Officials said the most important tasks in the coming days would be restoring power and resuming the region’s crippled transportation services More »
Deal to reunite Calvin Klein brands
PVH will pay about $2.9bn in cash and stock for Warnaco Group, in a move that will put together all Calvin Klein apparel under one corporate parent More »
The Big Deal About U.S. Energy Self-Sufficiency
Mark J. Perry caused a minor sensation on October 22, 2012 when he posted a blog about record-breaking fossil fuel production in the United States. Perry is an economics professor at the University of Michigan at Flint and a visiting scholar at the Am… More »
Rare US election truce over storm
Barack Obama joined Chris Christie, the Republican New Jersey governor, to inspect the impact of hurricane Sandy along the state’s ravaged coastline More »
Wall Street trades flat post-shutdown
US equity markets closed fractionally higher after trading in negative territory most of the day, following a two-day closure and recorded their first monthly decline since May More »
Climate change returns to conversation
The long-dormant political issue of climate change is returning to the national conversation following the hurricane that devastated parts of New York and New Jersey More »
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