Haiti Sun
HaitiSun.com Monday 22nd March 2010 Edition 8/81
bullet
Front Page Breaking Business News
corner
Civil service overgrown in GreeceCivil service overgrown in Greece
Greece’s civil service has been partially blamed for the fiscal disaster which has befallen the...


Add to My Yahoo!
Bad news likely in UK Wednesday budgetBad news likely in UK Wednesday budget
The British finance minister, Alistair Darling, has warned of tough times ahead in a pre-election budget which will be unveiled this...
IMF exec claims time for belt tighteningIMF exec claims time for belt tightening
The IMF has warned that developed countries with big budget deficits should now be preparing to warn citizens they will need to tighten their belts, with another difficult economic period around the...
Internet sites could fall back due to censorship rulesInternet sites could fall back due to censorship rules
Internet experts have warned that censorship in China, Iran, Saudi Arabia, Cuba, Myanmar and North Korea could threaten the growth of some social networking...
BA says staff reacted to calls for helpBA says staff reacted to calls for help
British Airways operated around 60% of its flights on the weekend, as the cabin crew strike started to...
New York/Chicago shuttle to be run by DeltaNew York/Chicago shuttle to be run by Delta
A new shuttle service between O'Hare Airport in Chicago and New York is about to commence, with Delta Airlines announcing 11 daily flights from New...
Borrowings in Gulf start to settle downBorrowings in Gulf start to settle down
Banks are starting to report that the number of corporate borrowers falling behind with repayments in Gulf nations is beginning to...
Consumer advocate called for in USConsumer advocate called for in US
President Barack Obama has called on US legislators to work toward a broad bank-reform effort to include a consumer financial protection...
UK government gives electricity rebate to pensionersUK government gives electricity rebate to pensioners
The UK government has announced a quarter of a million people over the age of 70 will receive an £80 electricity discount this...
Environmentalists slam Hindustan Unilever for polluting forest range in Tamil Nadu
Environmentalists have slammed the Hindustan Unilever, a subsidiary of the multinational firm Unilever, accusing it of polluting sensitive Pambar Shola reserve forest of the Western Ghat in Tamil Nadu...
Alitalia Cancels Flights During 4-hour Strike Planned For Monday At Italian Airports
ROME - Italy's national carrier Alitalia said it had canceled or delayed flights across the country because of a four-hour strike Monday by pilots, flight attendants and baggage handlers. Unions...
Icap Cuts 114 Jobs In Cash Equities Retreat
• Expansion has "failed to match expectations"• Partial closure will cost ICAP £51m • Global equity derivatives businesses unaffected by...
Made.com Aims To Halve Designer Furniture Prices
Website showcases furniture designs and holds public votes with the most popular going into production and voters receiving a discount, in a move described as 'me-tailing' by investor Brent...
Markets News Monday: Morgan Stanley Economist Say Sharp Appreciation Of China's Currency Would Be Disastrous For The United States
Markets News Monday: Morgan Stanley economist say sharp appreciation of China's currency would be disastrous for the United States By Finfacts Team Mar 22, 2010 - 9:01:17 AM ...
Scania Studies Adding Bus Models, Setting Up Assembly In India
March 22 (Bloomberg) -- Scania AB, the Swedish truckmaker controlled by Volkswagen AG, is considering selling buses in India to add to its existing line-up of construction...
European And Asian Stocks Fall; U.s. Index Futures Retreat
March 22 (Bloomberg) -- European and Asian shares fell after an International Monetary Fund official said advanced economies face “acute” challenges in tackling public debt. U.S....
Shell And Petrochina Up Arrow Bid
Royal Dutch Shell and PetroChina have had an improved 3.44bn Australian dollars ($3.14bn, £2.1bn) takeover bid for Australia's Arrow Energy accepted.Shell and PetroChina's new joint bid is up...
Us Firms 'feel Unwanted' In China
US companies feel increasingly unwelcome in China because of what they see as discrimination and inconsistent legal treatment, according to a survey.The American Chamber of Commerce in China (ACCC)...
More Ba Disruption - No Strike Resolution
download Flash from the Adobe download website. BA says many staff crossed picket lines over the weekend with about 98% turning up for work at Gatwick airport and around 53% arriving for work...
Autonomy Downgraded To Neutral At Ubs
LONDON -- Technology firm Autonomy was downgraded to neutral from buy on Monday at UBS. The broker noted that the shares have rallied 17% year-to-date in U.S. dollar terms and are now on a 2010...
South Korea's Gm Daewoo To Recall 59,000 Vehicles
HONG KONG -- South Korea's GM Daewoo Auto & Technology Co. will recall 58,700 vehicles, including its Winstorm sport-utility vehicle, a compact sedan and a light-utility vehicle, according to a...
Dassault Systemes Downgraded To Sell At Ubs
LONDON -- Dassault Systemes was downgraded by UBS to sell from neutral on Monday, with the broker saying that the firm's valuation looks full "given the limited growth evident in the business."...
Kabel Deutschland Trading Above Offer Price
MADRID -- Shares of Germany's largest cable operator Kabel Deutschland began trading on the Deutsche Boerse on Monday at 22.30 euros, just above the offer price of 22 euros. A total of 34.5 million...
Arcelor-mittal Cut From Conviction Buy: Goldman
MADRID -- Steelmaker ArcelorMittal was removed from Goldman Sach's conviction buy list on Monday. The investment bank said the 38% upside potential implied by its 12-month, 44-euro price target no...
Oecd Boucher: Imf, Eu Can Look At Joint Action On Greece Debt Crisis
BANGALORE -(Dow Jones)- The International Monetary Fund and European Union can look at joint action to tackle the debt crisis in Greece, a senior official of the Organisation For Economic...
European Shares Edge Lower In Early Trading
LONDON -- European shares lost ground for the third straight session on Monday. Drugmaker Sanofi-Aventis declined 1.9% after a report that the commercial launch of one of its drugs could be under...
Carillion Cut To Neutral From Buy At Ubs
FRANKFURT -- Carillion PLC , a U.K.-based provider of solutions for infrastructure, buildings and services, was downgraded to neutral from buy at UBS on Monday. The company's business model is...
Oppenheimer & Co Names Steve Bernstein Asia Ceo
"); } function setUserAsLoggedIn() { $('#username_link').show(); $('#username_link').html("WELCOME ("+$.cookie("p_UN")+")"); ...
Russian Seafood Producer Seeks To Raise $200 Million In Ipo
MOSCOW -(Dow Jones)- Russian Sea Group, a fish and seafood producer, is looking to sell shares worth up to $200 million in an initial public offering on Moscow's stock exchanges, the company said...
Russia Firm "will Not Bid" On U.s. Air Tanker Deal
MOSCOW (Reuters) - Russia's state-run United Aviation Corporation (UAC) does not plan to bid for a $50 billion contract to replace the U.S. Air Force fleet of air tankers, a company source told...
More Ba Strike Disruption And No Resolution
The third and final day of strikes by British Airways cabin crew is taking place and there is no sign of a reconciliation between the airline and union bosses. BA say many of their staff crossed...
British Motorsport 'may Lose Pole Position'
Britain has one of the most successful motorsport sectors in the world - but a committee of MPs has claimed that the industry is not getting the backing it needs. Peter Luff MP, chairman of the...
Obama: Congress 'answered The Call Of History' In Passing Health Insurance Reform
WASHINGTON - Capping a long day and a consuming political journey, President Barack Obama celebrated the passage of health care legislation with hugs, high fives and an emboldened attitude. Said the...
German Government To Introduce Bank Levy To Cover Costs Of Future Crises
BERLIN - The German government plans to introduce a levy on banks to ensure that they pay for the costs of any future crises. Volker Kauder, the parliamentary leader of Chancellor Angela Merkel's...
Ibec Calls For Reforms To Transform Irish Pubic Service; What About Its Own Credibility?
IBEC calls for reforms to transform Irish pubic service; What about its own credibility? By Finfacts Team Mar 22, 2010 - 8:03:15 AM ...
Monday Newspaper Review - Irish Business News And International Stories - - March 22, 2010
Monday Newspaper Review - Irish Business News and International Stories - - March 22, 2010 By Finfacts Team Mar 22, 2010 - 6:48:55 AM ...
Pranab Sticks To 7.2% Growth In 2009-10
BANGALORE: Finance minister Pranab Mukherjee on Monday said the government was sticking to an estimated 7.2% growth rate for this fiscal (2009-10) and 8.5% for 2010-11. "I have given some...
Ba Facing Busiest Day Of Strike
Thousands more British Airways passengers face disruption to their journeys as the cabin crew strike enters its third and busiest day.The Unite union says only 300 of the 2,200 cabin crew scheduled...
Warning Of 'sluggish' Uk Recovery
Economists have warned of a "sluggish" recovery in the UK economy this year, two days ahead of this week's Budget.Industry body the CBI said it expected the economy to grow by 1% in 2010,...
Uk Investor Weighs Up Pompey Bid
A UK-based businessman with a "substantial amount of money" is looking to buy crisis club Portsmouth, according to the man fronting the bid.Property tycoon Rob Lloyd says his unnamed client...
Eurazeo's 2009 Net Loss Widens To 199.3 Mln Euros
FRANKFURT -- Eurazeo SA , a France-based investment company, said Monday its 2009 net loss widened to 199.3 million euros ($269 million) from 68 million euros in 2008. The firm said it will maintain...
Wolseley Narrows First-half Net Loss
LONDON -- Building materials firm Wolseley said Monday that its first-half net loss narrowed to 220 million pounds, from 777 million pounds a year ago. Sales declined to 6.3 billion pounds, from 7.5...
Icap Shutting Cash Equity Units In Europe, Asia
LONDON -- U.K. interdealer broker Icap said Monday that it plans to close its full-service cash equities business, including research, in Europe and Asia. The company said 114 employees will be...
Smiths Group Buys Us Connector Firm For $185 Million
LONDON -(Dow Jones)- Smiths Group PLC (SMIN.LN), a global technology company, said Monday Smiths Interconnect, a division of Smiths Group, has acquired Kansas City-based Interconnect Devices, Inc....
Kelly Services Gets 5-year $750 Mln Nih Contract
TEL AVIV -- Kelly Services, the Troy, Mich., provider of staffing services to the federal government and its contractors, said on Monday that it received a five-year $750 million contract to provide...
Smiths To Buy Interconnect Devices For $185 Mln
LONDON -- U.K. engineering company Smiths Group said Monday that it has agreed to buy Interconnect Devices Inc. from private equity firm Milestone Partners for $185 million. Smiths said the...
Update: Mining,smelting Raise Metal Concentration At Xstrata's Mount Isa -research
(Adds comment from Xstrata) By Elisabeth Behrmann Of DOW JONES NEWSWIRES SYDNEY -(Dow Jones)- Surface soils around Xstrata Plc's (XTA.LN) mining operations in Queensland, Australia, are...
Icap Plc Statement Re Review Of Cash Equities Businesses
TIDMIAP RNS Number : 9115I ICAP PLC 22 March 2010 ICAP to focus cash equities broking businesses on execution-only service following strategic review London - 22 March 2010. ICAP plc (IAP.L), the...
Smiths Group Plc Acquisition
TIDMSMIN RNS Number : 8963I Smiths Group PLC 22 March 2010 ? News Release London, 22 March 2010 For immediate release SMITHS INTERCONNECT BUYS US CONNECTOR FIRM FOR $185M Smiths Interconnect, a...
Australia & Nz Bank. Anz Completes Acquisition Of Rbs In Hong Kong
"); } function setUserAsLoggedIn() { $('#username_link').show(); $('#username_link').html("WELCOME ("+$.cookie("p_UN")+")"); ...