Business News - AFP

View:

  • Greece will not default or seek IMF aid: PM

    AFP – 2 hrs 15 mins ago  
    Greek Prime Minister George Papandreou arrives at an EU summit... AFP/File

    ATHENS (AFP) - Greek Prime Minister George Papandreou on Friday promised that his government would honor its debts and ruled out appealing to the IMF for help as he prepared emergency measures to save the crisis-hit Greek economy. Full Story »

  • US extends executive pay limits at 4 bailed-out firms

    AFP – 12 mins ago  
    Kenneth Feinberg, the special master overseeing pay at firms... AFP/Getty Images/File

    WASHINGTON (AFP) - A government-appointed "pay czar" on Friday extended limits on pay and perks at four bailed-out US companies to a second tier of executives. Full Story »

  • Iraq strikes deals with Big Oil on southern fields

    AFP – 1 hr 48 mins ago  
    The Shuaiba oil refinery near the port of Basra, 550 kms south... AFP

    BAGHDAD (AFP) - Iraq struck deals with consortiums led by energy giants Shell and CNPC on massive southern oil fields on Friday, part of a two-day auction that seeks to dramatically boost the country's crude output. Full Story »

  • US to get $936m for JPMorgan Chase warrants

    AFP – 1 hr 8 mins ago  
    JPMorgan Chase & Co. CEO Jamie Dimon leaves a meeting at... AFP/Getty Images/File

    WASHINGTON (AFP) - The US Treasury said Friday it expected to get 936 million dollars from warrants in banking giant JPMorgan Chase, under a previously announced divestment. Full Story »

  • Swiss banker, lawyer declared fugitives in US

    AFP – 53 mins ago  
    A logo of UBS swiss bank and swiss flag view through a window... AFP/File

    MIAMI (AFP) - A Swiss banker and a lawyer accused of fraud for helping US clients to evade taxes on money salted away in Swiss banks have been declared fugitives by a Florida judge. Full Story »

  • US retail sales leap, in time for holidays

    AFP – 2 hrs 37 mins ago  
    Shoppers and pedestrians walk past an extrance to Macy's... AFP/Getty Images

    WASHINGTON (AFP) - US retail spending jumped 1.3 percent in November, according to government data Friday that offered fresh optimism for the troubled American consumer going into the critical holiday shopping period. Full Story »

  • Mexico issues Samurai Bonds worth 150 billion yen

    AFP – 45 mins ago  
    A money changer counts Japanese Yen, in July 2009. The Mexican... AFP/File

    MEXICO CITY (AFP) - The Mexican government has issued 150 billion Japanese yen's worth of 10-year Samurai Bonds in an effort to diversify its investment base, the finance ministry here said. Full Story »

  • Ukraine 'wants $2 bln from IMF'

    AFP – 1 hr 32 mins ago  
    Private depositors of the Ukrainian Intercontinent bank shout... AFP/File

    KIEV (AFP) - Ukraine on Friday appealed to the International Monetary Fund for a loan of around two billion dollars to overcome an "extremely difficult" financial situation, government officials said. Full Story »

  • ECB chief warns banks over 'unwarranted' bonuses

    AFP – Fri Dec 11, 8:59 am ET  
    European Central Bank (ECB) president Jean-Claude Trichet addresses... AFP/DDP/File

    LONDON (AFP) - European Central Bank president Jean-Claude Trichet said banks should avoid paying "unwarranted bonuses" to staff, urging them instead to build up their capital reserves, in a speech here on Friday. Full Story »

  • Boeing may test-fly 787 Dreamliner next week

    AFP – 1 hr 13 mins ago  
    The new Boeing 787 Dreamliner is unveiled during the world premiere... AFP/File

    WASHINGTON (AFP) - Boeing Co. said Thursday the first test flight for its 787 Dreamliner may come next week in a critical milestone for the delay-plagued jetliner seen as the future for the aerospace giant. Full Story »

Pagination

Subscribe

Add headlines to your personalized My Yahoo! page (About My Yahoo! and RSS)

More News Feeds »