Oklahoma City Sun
OklahomaCitySun.com Tuesday 9th March 2010 Issue 1003/2010
bullet
Front Page Breaking Business News
corner
Irish airline millions of euros downIrish airline millions of euros down
Irish airline, Aer Lingus, has reported a loss for...


Add to My Yahoo!
Eurotunnel makes profit even with poor economy
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic...
Referendum to pay Britain and Holland will not go aheadReferendum to pay Britain and Holland will not go ahead
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international...
Greek austerity plans given Clinton approvalGreek austerity plans given Clinton approval
US Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in...
U.S. stocks in slow motion riseU.S. stocks in slow motion rise
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the...
Brazilian sardine industry under protectionBrazilian sardine industry under protection
The Brazilian government has ordered the implementation of a sardine conservation awareness...
February sales up in Chinese passenger carsFebruary sales up in Chinese passenger cars
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive...
UN says we will need much more food by 2050UN says we will need much more food by 2050
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price...
Protests spread after Indian fuel hikeProtests spread after Indian fuel hike
The main opposition Bharatiya Janata Party in india has protested over a hike in fuel...
Toff houses best sellers in LondonToff houses best sellers in London
Land Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high...
Rates to rise over next six months in US
Economists in Washington have suggested the Federal Reserve will soon raise benchmark interest...
Akio Toyoda says his company will get back to US growthAkio Toyoda says his company will get back to US growth
The market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio...
Latin American growth expected to exceed 3%Latin American growth expected to exceed 3%
The Latinamerican economy could grow by 3% or more this year according to the Inter American Development...
US currency note given redesignUS currency note given redesign
The US has redesigned its hundred dollar bill to feature special security...
Air fleet building occurring at Qatar AirwaysAir fleet building occurring at Qatar Airways
Qatar Airways has doubled its fleet size over the past five...
Google will stop assisting some Internet Explorer users Google will stop assisting some Internet Explorer users
Google has warned that anyone not using Internet Explorer 8 will soon lose service through the...
US stocks gain on financial firms
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past...
Asian stock markets trade in narrow range again
NEW YORK — Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows. ...
ADR's service is one that goes beyond outsourcing
On his first trip to China some 20 years ago, Larry Mahoney found that "the streets were packed with people on bicycles." These days, however, it's BMWs and Mercedes-Benzes that crowd the...
Soaring China property prices raise worries over bubble, leave many unable to buy own homes
SHANGHAI - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have...
Equity skimmer admits to crimes
When Timothy Beliveau appeared in federal court Tuesday to plead guilty to money laundering and tax evasion charges, he didn't mention the people who allegedly lost their home equity in his...
Soaring China home prices thwart ordinary buyers
By ELAINE KURTENBACHAP BUSINESS WRITER SHANGHAI -- The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for...
Citigroup Reportedly Agrees To Sell Real Estate Investment Unit To Apollo Global Management - Update
News ) reportedly agreed Tuesday to sell its real-estate investment business Citi Property Investors under Citi Holdings, to private equity firm Apollo Global Management LLC. The unit has about 65...
Microsoft researcher, a computing pioneer, wins Turing Award
For inventing a prototype of the modern PC, Microsoft researcher Chuck Thacker has won the prestigious A.M. Turing Award for a lifetime of contributions to computing. "I'm still recovering," Thacker...
Baoshan Steel First-Quarter Profit to Exceed Estimate, CICC Says
March 10 (Bloomberg) -- Baoshan Iron & Steel Co., China’s biggest steelmaker, may post per-share earnings of 0.2 yuan in the first quarter, beating the market estimate, because of higher...
Philippines May Keep Rate at 4%, Unwind Some Stimulus
March 10 (Bloomberg) -- The Philippine central bank will probably keep borrowing costs at a record low to support the economy’s recovery even as it prepares to pull back more stimulus...
Veil Lifts on Apple's Secret Plan to Control Universe
The recently unveiled secret agreement that Apple makes iPhone developers sign supports what many have suspected all along: Apple is trying to control the universe. Much has been written anecdotally...
Hong Kong Shares Up On Citic Pacific, China Banks
HONG KONG -- Hong Kong shares opened higher Wednesday after modest overnight gains on Wall Street, with Citic Pacific Ltd. and Cathay Pacific Airways Ltd. rising ahead of their 2009 earnings...
China Banks Lent $102.6 Billion In February:report
HONG KONG -- Chinese banks made loans for about 700 billion yuan ($102.6 billion) in February, around half the 1.39 trillion yuan worth of loans issued in January, according to a report Wednesday....
Three Ways To Boost Retirement Confidence
BOSTON -- I know, I know, we're starting to sound like a broken record, or MP3 player. But researchers are once again sounding the alarm that Americans are not saving enough for retirement.What's...
Japan Shares Edge Up As Technology Stocks Advance
TOKYO -- Japanese shares traded modestly higher Wednesday morning in Tokyo, finding support from technology stocks and some financial shares. The Nikkei 225 Average was up 0.1% at 10,579.85 while...
Report: Delta Passenger Revenue Up; Storms Impact February Revenue
DAL ) said on Tuesday at a New York investor conference that it could see its average passenger revenue rise 16% in March as a result of improvements in its corporate business, according to...
BofA ending overdraft fees on debit cards: report
(Reuters) - Bank of America on Tuesday said it will no longer charge overdraft fees on purchases made with debit cards, a decision that could cost it tens of millions a year in revenue and pressure...
Video: Prius Driver's Frantic 911 Call
Toyota Prius driver Jim Sikes frantically called 911 when his car speed out of control on a stretch of San Diego highway. Ben Tracy reports the U.S. government wants to know what...
Video: Where America Stands: Green Energy
China and the U.S. are fighting to lead the world in green energy technology, but China is way ahead. Celia Hatton reports on what the U.S. needs to do to keep...
Video: Stock Market Scares Investors
Exactly a year ago, stocks hit a 12-year low, dealing a 401-K-O to a lot of retirement accounts. As Anthony Mason reports, after a remarkable comeback, millions of investors missed...
Despite Rally, Investors Stay on Sidelines
Stock Market Scares Investors Exactly a year ago, stocks hit a 12-year low, dealing a 401-K-O to a lot of retirement accounts. As Anthony Mason reports, after a remarkable comeback, millions of...
Obama: Greece, Facing Bad Days, Has US as Ally
Greek Prime Minister George Papandreou gestures during his joint news conference Secretary of State Hillary Rodham Clinton, Monday, March 8, 2010, at the State Department in Washington. (AP...
Toyota to Expand Recall of Tundra Pickups for Rust
Toyota said Tuesday it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust and lead to spare tires falling from the vehicle. Toyota spokesman Brian...
Tokyo stocks open slightly higher on modest Wall Street gains, weaker yen+
yen+ (AP) - TOKYO, March 10 (Kyodo)—Tokyo stocks opened marginally higher Wednesday with investors somewhat encouraged by a slightly weaker yen versus the U.S. dollar and modest gains on Wall...
Star Tribune names new advertising chief
The Star Tribune has named Jeff Griffing as its new head of print and digital advertising. Griffing, 45, who currently is sales vice president and publisher of Time Inc.'s Sports Illustrated Group...
CEO pay watch: Life Time Fitness' Akradi: $2.3 million
Note: In 2008 Akradi elected to forgo a salary and take nearly all of his compensation in restricted stock, in part as a show of faith in the company's fortunes. Life Time's sales and earnings have...
Stocks end day with small gains
NEW YORK - U.S. stocks ended with a slight gain Tuesday after being whipsawed by bets in the financial sector and a rally in telecommunications, which benefited from Cisco Systems Inc.'s unveiling of...
Toyota says it will expand recall of Tundra pickups to address frame rust issue
WASHINGTON - Toyota says it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust. Toyota spokesman Brian Lyons says the recall will cover Tundra pickups...
Iraqis Maneuver Amid Signs No Party Will Win Election Majority
March 10 (Bloomberg) -- Iraq faces tough political coalition-building as leaders maneuvered amid indications that no party would win a majority when initial results from the parliamentary election...
Hedge Funds Returned 0.5% in February on Stock Market Recovery
March 10 (Bloomberg) -- Hedge funds returned 0.5 percent in February, led by North American managers, as global stock markets rose on signs of recovery in corporate earnings and U.S. interest rates...