Most interesting finance and busines news.
European stocks remained firm Thursday after cash-strapped Spain got through another set of bond auctions unscathed and the European Central Bank kept interest rates unchanged.
The Spanish Treasury said it raised (EURO)2.52 billion ($3.3 billion) in 3- and 5-year bonds, slightly above the target range of (EURO)1.5 billion to (EURO)2.5 billion. However, it did have to […]
Buoyant trading in Asia helped HSBC Holdings PLC, Europe’s biggest bank by market value, report a 28 percent increase in full-year profit Monday _ a marked contrast to the performance of other big British banks.
HSBC said its net profit for 2011 was $16.8 billion, up from $13.2 billion. Net operating income was 11 percent higher […]
There’s a battle afoot to reshape Missouri’s green energy law.
Renewable energy advocates and utilities are squaring off to establish how much of Missouri’s electricity is derived from renewable resources — with the cost to consumers in the balance.
Renew Missouri, the group formed several years ago to advance the state’s existing renewable energy initiative, known as […]
Olympus Corp. said Tuesday that top executives used acquisitions to hide massive losses, reversing denials of any wrongdoing as one of the largest accounting frauds in Japanese history tarnishes the nation’s corporate image.
Tokyo-based Olympus, which makes cameras and medical equipment, has been battered by a scandal over a $687 million payment for financial advice and […]
Boeing is taking over one of NASA’s old space shuttle hangars to build a new capsule that the company hopes will lift astronauts to orbit in four or five years.
More than 100 Boeing, NASA and state and federal officials gathered in the massive empty hangar _ Orbiting Processing Facility No. 3 _ for the announcement […]
As the run-up to holiday shopping intensifies, Target Corp. is saying its stores will open at midnight on Thanksgiving Day for the first time this year.
That’s four hours earlier than last year.
The stores will stay open for 23 hours and close at 11 p.m. Friday, November 25. Target spokeswoman Susan Kahn said the change was […]
An independent British medical watchdog says the first treatment proven to help people with the deadliest form of skin cancer is too expensive to be used by the U.K.’s health care system, a recommendation critics called a potential death sentence.
The drug, Bristol-Meyers Squibb’s Yervoy, has offered some hope to people with advanced skin cancers, though […]
The latest backdrop for European financial crisis talks was Wroclaw, Poland _ or Breslau, as the picturesque city on the Oder River is still known in Germany.
As Europe’s finance chiefs bounce from meeting to meeting trying to hash out a strategy to contain their debt troubles, the city’s history may serve as a reminder of […]
Asian-Pacific markets opened higher Tuesday following Monday’s late rally on Wall Street.
In early trading, Japan’s benchmark Nikkei 225 index was up 0.5 percent at 8,582.15. Australia’s S&P/ASX200 index was up 1.4 percent to 4,094.10. New Zealand’s benchmark NZX 50 was up 0.2 percent to 3,270.74.
The Dow Jones Industrial index ended Monday up nearly 69 points, […]