Daily Archives: January 18, 2013
Fed minutes show slow crisis reaction
Transcripts of Federal Reserve meetings raise question of whether the recession would have been less severe if US central bank had reacted faster More »
China accounts probe hits Caterpillar
The US group is forced to take a charge of $580m after it uncovered overstated profit and inventory at the Siwei subsidiary it acquired last year More »
Best paid plans going astray for bankers
Despite all the noise about pay, the real change at the Wall Street banks has been cuts in headcount rather than individual bonuses More »
National Oceans Policy Is About Streamlining
This blog was written by Dr. Amber Mace, Associate Director, Policy Institute for Energy, Environment & The Economy, University of California, Davis. Prior to joining UC Davis, Dr. Mace served as assistant secretary for coastal matters at the California Natural Resources Agency. Soon President Obama will release his final National Ocean Policy Implementation Plan. With [...] More »
Chinese growth figures support shares
Equities advance after China’s economy posts better than expected fourth-quarter growth, breaking a run of seven weaker readings More »
Irish burger baron denies cost cutting
Larry Goodman said ABP Food Group had never bought or traded in horse meat and suspected contamination came from product sourced from the Continent More »
‘Private Empire’ delivers in-depth look at ExxonMobil’s evolution
In his weekly book review, Houston Chronicle business columnist Loren Steffy reviews New Yorker writer Steve Coll’s ‘Private Empire: ExxonMobil and American Power’. More »
IMF warns Greece may need €10bn more
Fund praises a raft of Athens austerity and reform legislation, but warned that the biggest risk to the plan’s success remained the country’s political stability More »
Chinese labour pool begins to drain
China’s working age population has shrunk for the first time in recent history, marking the beginning of a trend that will accelerate over two decades More »
Goldman doubles Blankfein stock bonus
News of Mr Blankfein’s stock bonus comes two days after the New York-based investment bank reported its most profitable quarter in about three years More »
Attack dismantles comfort of protected lives
Raid on the In Amenas gas plant will raise questions about the safety of economically crucial but high-risk hydrocarbon facilities throughout the region More »
Republicans to pass debt limit extension
House Republicans said that if the House or Senate did not pass a budget by mid-April, lawmakers’ salaries would be withheld, saying ‘no budget, no pay’ More »
Follow Us:
© 2013 Hearst Communications Inc.