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 »

Berkshire bets on housing recovery

Group agrees to lend trusted brand to a venture with Brookfield for a network of franchised real estate agencies that will offer services next year  More »

JPMorgan sues ex-boss of ‘London Whale’

Bank issues claim against Javier Martin-Artajo who supervised the trader who led the team that was allegedly responsible for $5.8bn trading losses  More »

Shell concludes inaugural Arctic drilling season

Shell on Wednesday was wrapping up its first-in-a-decade season drilling in U.S. Arctic waters, having punched two holes underneath the Chukchi and Beaufort Sea in search of oil.  More »
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