Business Archives

May 24, 2012

How to measure workplace gender diversity

(Globe & Mail) After studying 60 top corporations, all claiming gender diversity as a priority, McKinsey & Co. decided to develop metrics that can be used by the broader business community to measure success in promoting women.

May 21, 2012

US firms put social values before big profits

(BBC) Tough decisions are often inevitable if a business wants to make money.

July 9, 2010

Airlines 'fail to refund taxes'

(BBC) Airlines are accused of keeping millions of pounds for themselves which ought to be refunded to passengers.

China renews Google web licence

China renews Google's licence to operate in China, the internet giant says, ending a long-running stand-off between the two.
July 8, 2010

IMF raises global growth estimate

(BBC) The International Monetary Fund slightly raises its forecast for global economic growth to 4.5%, driven by China and India.
June 28, 2010

BP oil spill costs reach $2.65bn

BP says its bill for the Gulf of Mexico oil leak has reached $2.65bn (£1.76bn), after rising $300m over the last three days.
June 27, 2010

G20 agrees deficit cuts by 2013

Leaders at the G20 summit in Canada agree the richest members will halve their budget deficits within three years.
June 25, 2010

Major US financial reform agreed

(BBC) The US Congress all but finalises the biggest reform of US financial regulation since the Great Depression.
June 23, 2010

US to issue new oil drilling ban

The US will issue an order for a new moratorium on deep water oil drilling in the Gulf of Mexico after a court blocked an earlier ban.
June 19, 2010

China hints at stronger currency

(BBC) China indicates it will allow the yuan to rise, after Western criticism it is being kept artificially low, but releases no details.
June 11, 2010

BP 'plans to suspend' dividends

(BBC) BP's directors plan to suspend the oil giant's regular shareholder payment, the BBC learns, after US pressure.
June 4, 2010

US shares fall on weak jobs data

Wall Street shares fall more than 3% after latest US unemployment data shows fewer jobs were created in May than expected.
June 3, 2010

US economic growth is continuing

(BBC) Figures show the US economy is continuing to grow, with both factory output and the services sector still expanding.
May 27, 2010

Markets rise as China backs euro

(BBC) World stock markets put in some strong rises, boosted by supportive comments from China on the strength of the euro.
May 26, 2010

World markets rebound after falls

(BBC) Global stock markets bounce back on Wednesday after heavy losses the previous day.

Europe proposes new bank levy

Europe calls for new national taxes on banks to prevent taxpayers having to pay for future financial meltdowns.

US markets recover earlier losses

(BBC) Share markets were rocked on Tuesday - but US shares closed steady despite big falls for the rest of the world's major traders.
May 21, 2010

US Senate backs Wall St reforms

The US Senate passes a bill providing the most sweeping overhaul of financial regulations since the 1930s.
May 18, 2010

Greece receives EU bail-out money

(BBC) Greece has received the first tranche of a huge loan intended to rescue the nation's embattled economy, the EU says.
May 13, 2010

Eight banks face US investigation

(BBC) Eight banks are facing a US investigation into the rating of their mortgage products, the BBC understands.
May 12, 2010

EU wants say on national budgets

(BBC) The European Commission wants EU countries to co-ordinate plans for national budgets in a move to strengthen financial co-operation.
May 11, 2010

Shares slip back after big gains

(BBC) Stock markets fall after global shares surged on Monday in the wake of a deal to tackle Europe's debt crisis.
May 10, 2010

Shares surge after EU loan deal

Global stock markets jump after Europe agrees measures to try to stop the Greek debt crisis affecting other countries.
May 9, 2010

Rare glimpse

(BBC) Inside China's unique brand of hybrid capitalism
May 5, 2010

Euro hits fresh low on debt fears

(BBC) The euro continues its slide against the dollar amid a loss of investor confidence in some European economies.
May 4, 2010

Greek is the word

(BBC) The BBC looks at the Greece-effect on stock markets
April 27, 2010

Fears grow over Greece crisis

The head of the IMF warns that the crisis in Greece could spread across Europe, as pressure grows on Germany to support a bail-out.
April 25, 2010

IMF upbeat on Greece's loan talks

(BBC) The IMF says it is making progress in its loan talks with Greece and will have a package ready in time to meet the country's needs.
April 20, 2010

General Motors repays $8.1bn

(BBC) US car giant General Motors has repaid $8.1bn (£5.2bn) in loans it received from the US and Canadian governments.

IMF in 'radical' bank tax plans

(BBC) Banks and other financial institutions across the world face two new big taxes to fund future bank bail-outs, the BBC learns.
April 14, 2010

Mugabe denies company rule U-turn

Zimbabwe President Mugabe denies a law forcing large firms to be majority-owned by "indigenous people", is being shelved.
April 11, 2010

Greece is offered 30bn euros loan

Leaders of the 16 eurozone nations agree a package of 30bn in emergency loans for Greece, as it battles a debt crisis.
March 19, 2010

Rio Tinto China deal ahead of trial

Rio Tinto signs a deal with China to develop a huge iron ore project in Guinea, days before four of its executives go on trial in Shanghai.
February 23, 2010

EU plans extended maternity leave

(BBC) Draft legislation is passed by a committee of the European Parliament to extend maternity leave to 20 weeks on full pay.
January 27, 2010

Rich-poor gap 'wider than 1970s'

(BBC) The gap between rich and poor is wider now than 40 years ago, a government-commissioned panel has reported.
January 17, 2010

Shell signs Iraq oil field deal

(BBC) Oil giant Shell and Malaysia's state-run Petronas finalise a contract to develop Iraq's large Majnoon oil field.
January 12, 2010

Google 'may close in China'

Internet giant Google says it may end operations in China after hackers targeted Chinese human rights activists' e-mail accounts.
January 10, 2010

China 'becomes largest exporter'

Chinese exports rose 17.7% in December, suggesting it has overtaken Germany as the world's largest exporter, say reports.
January 5, 2010

Iceland leader vetoes bank bill

Iceland's president refuses to authorise the repayment of money lost in the country's banking crisis, demanding a referendum.
December 30, 2009

Iceland approves new Icesave deal

(BBC) Iceland's parliament narrowly backs a deal to repay British and Dutch governments over the collapse of the Icesave bank.
December 28, 2009

Google is sued by Chinese author

(BBC) A Chinese writer, Mian Mian, is taking Google to court in Beijing overs its plan to create a digital library of books.
December 22, 2009

Green signal?

(BBC) Copenhagen gave few incentives for clean economy
December 15, 2009

Europe strikes 'banana wars' deal

(BBC) Europe has agreed a deal to cut tariffs on banana imports, signalling the end of the world's longest-running trade dispute.
December 11, 2009

Shell wins Iraq oil field rights

A consortium led by Shell wins the rights to develop Iraq's giant Majnoon oil field, while another contract is given to a Chinese firm.
December 8, 2009

Dubai shares continue to tumble

(BBC) Dubai's stock market slides for the second consecutive day on continuing fears about leading companies' ability to repay debts.
November 27, 2009

US shares slide over Dubai fears

Worries about Dubai's debt problems spill over into a second day of trading, leading to more uncertainty on the markets.
November 22, 2009

Deutsche Bahn in Qatar rail deal

German rail operator Deutsche Bahn signs a 17bn euro contract to build rail and underground lines in Qatar and Bahrain.
October 18, 2009

Iceland reaches savers' agreement

(BBC) Iceland says it has reached a new agreement over the repaying of $5bn (£3bn) lost by Dutch and UK savers.
October 17, 2009

Iraq cabinet ratifies oil deals

(BBC) Iraq's cabinet ratifies a deal with a British and a Chinese energy company to develop the giant southern oilfield in Rumaila.
September 25, 2009

Obama hails 'tough regulations'

World leaders at the G20 summit have agreed tough financial rules to avert another global crisis, US President Barack Obama says.

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