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Breaking News Thu, 29 Jul 2010
Panasonic LCD TV - Electronics
(photo: WN / Yolanda Leyba)
Panasonic plans to buy out subsidiaries Sanyo, Panasonic Electric under $9.4B green initiative
Star Tribune
| TOKYO - Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works in a move costing up to $9.4 billion to strengthen green businesses such as electric cars and solar panels. | Panasonic Corp., Japan's biggest consumer electronics maker, sai...
A striking fuel-tanker driver mans a picket line set up on a highway near Athens, on Tuesday, July 27, 2010.
(photo: AP / Petros Giannakouris)
Greece orders striking lorry drivers back to work
BBC News
The Greek government has used a rare emergency order to force lorry drivers back to work after a three-day strike. | The drivers have until later on Thursday to return to the roads or face arrest and the loss of their licenses. | Most petrol stations in Athens are out of fuel and shops and factories...
China dairy investor's links revealed
NZ Herald
By 5:30 AM Friday Jul 30, 2010 Email Print | A Chinese businessman alleged to be behind ambitious plans to invest up to $1.5 billion in New Zealand's dairy industry has only recently severed his business links with former National Prime Minister Jenn...
Rate rise 'nail in the coffin' for house building sector
NZ Herald
By Anne Gibson 4:00 AM Friday Jul 30, 2010 Email Print | The Reserve Bank's interest rate rises are damaging the country's house building sector, according to Jennian Homes. | Richard Carver, director of the national building business, said consumers...
Defiant Carter writes off boss
NZ Herald
By 4:00 AM Friday Jul 30, 2010 Email Print | Suspended Labour MP Chris Carter says his view that Labour leader Phil Goff can't win the next election and should be replaced is shared by many other MPs and party activists. | "I wouldn't have acted unle...
Citigroup Said to Pay $75 Million in Subprime Case
The New York Times
| Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, according to two people briefed on the settlement. Add to...
 Hdfc Bank Mumbai India Delhi (rks2)
WN / Rajkumar Senapati
HDFC Bank first to up deposit rates
The Telegraph India
Mumbai, July 28: A day after the Reserve Bank tightened its monetary policy, HDFC Bank today hiked deposit rates by 25-75 basis points across various maturities, while the State Ba...
Credit cards - VISA cards
WN / Geeta
Visa posts 2 percent dip in 3rd-qtr profit despite higher operating income; results top Street
Star Tribune
| NEW YORK - Visa Inc. says it had a 2 percent decline in fiscal third-quarter profit, despite increased operating income. | The San Francisco company posted net income of $716 mil...
Kodak Express Center inside Gaisano Mall - Valencia City Branch - Philippines
WN / Arturo Ubaub
Kodak has 2Q loss, ending consecutive up quarters
The Press Democrat
| Kodak's adjusted earnings fell short of Wall Street expectations Wednesday as profit from traditional film-based products plunged 43 percent, driven by an 18 percent drop in moti...
Panasonic moves to buy out two units
Gulf News
| Tokyo: Panasonic, the world's largest maker of rechargeable batteries, offered to buy out Sanyo Electric and Panasonic Electric Works for 818.4 billion yen (Dh34.2 billion) to help expand its renewable energy business. | Panasonic, which may s...
Online vendors in the taxman's sights
The Daily Telegraph Australia
| ONLINE vendors using eBay and the Trading Post are the latest targets of the Australian Taxation Office. | They are cracking down on traders who under-report income or fail to report it at all. | Tax Commissioner Michael D'Ascenzo said the crackdow...
SuperShorts: Sick note
NZ Herald
3:59 AM Friday Jul 30, 2010 Email Print | Aberdeen goalkeeper Jamie Langfield is out for up to three weeks after dropping boiling water on his foot while making coffee. He joins a prestigious list of soccer players with daft sick notes: | * Glasgow R...
Stock
INDIA-RICE-OIL-MILL-TANKER-BLAST                     India Three Labour died after a Oil Mill Tanker Blast at Aditi Rice Oil  Mill at Burdwan in Eastern India ------ WN/BHASKAR MALLICK
(photo: WN / Bhaskar Mallick)
Oil steady near $77 after sharp U.S. petroleum stocks gain
The Guardian
* U.S. crude stockpiles jump most since October 2008 * Coming Up: U.S. weekly jobless claims; 1230 GMT By Alejandro Barbajosa SINGAPORE, July 29 (Reuters) - Oil was steady around $77 on Thursday after falling in the past two sessions on weak durable good data and the biggest weekly increase in crude inventories for nearly two years in the United St...
Banking
Villages having population over 2000 in Karnataka  will have banking facility.
(photo: WN / Aruna Mirasdar)
Villages with population of over 2,000 to get banking facility by 2012
The Hindu
| Special Correspondent | 3,490 villages in State with population of over 2,000 do not have banking facility | Banks disbursed loans to the tune of Rs. 31,020 crore under priority sector in 2009-10 | BANGALORE: All the villages in the State with a population of more than 2,000 will get banking facility by March 2012. | This was disclosed by State L...



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