Business and Finance News
 Portugal to cut deficit with austerity plan
Germany News.Net
The Portuguese government's tough budget passed the parliament just prior to the weekend, with approval for an austerity plan aimed at cutting its deficit to the level permitted by the EU.
 Adobe CEO pay reduced by 68 percent
Germany News.Net
The president and CEO of software maker Adobe Systems, Shantanu Narayen, has been awarded less compensation this year due to the value of the company declining.
Iraq’s Al-maliki Wins Most Seats In Vote, Party Says
Business Week
March 14 (Bloomberg) -- Iraqi Prime Minister Nouri al- Maliki’s political bloc, predicting it won most seats in March 7 parliamentary elections, named a commission to hold talks with rival parti...
Axelrod Says Health Bill To Pass, Boehner Skeptical
Business Week
March 14 (Bloomberg) -- White House senior adviser David Axelrod said he believes the House of Representatives will approve health-care overhaul legislation by the end of this week, while House Minori...
Market Abuse 'unacceptably High'
BBC
Market abuse in the UK's financial services sector is at an "unacceptably high level", the head of the City watchdog has said.Hector Sants, the chief executive of the Financial Services Auth...
Greek Bailout Tops Eu Finance Ministers' Agenda
Reuters
BRUSSELS (Reuters) - Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French doubts that a deal will be...
Byd Posts Record Q4 Profit On Robust Sales
Reuters
(Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initiatives boosted dema...
Kkr And Warner Music Eye Break-up Bid For Emi: Report
Reuters
The paper said KKR is interested in acquiring the music publishing arm of EMI, which it says bankers value at around 1.2 billion pounds ($1.82 billion), while Warner Music wants EMI's recorded music d...
House Vote Counter Hunting For Health Care Votes
ABCNews
The Democrat's chief vote counter in the House says that right now there aren't enough votes to pass President Barack Obama's health care overhaul. But Rep. James Clyburn of South Carolina says he'...
Boehner Determined To Kill Dem Health Care Bill
ABCNews
House Minority Leader John Boehner of Ohio, left, walks with Rep. Dave Camp, R-Mich., right, to a Republican caucus, Thursday, March 11, 2010, on Capitol Hill in Washington. (AP Photo/Harry Hamburg) (...
Us Cos Slash Ceos Bonuses By 22% In 2009
Times Of India
NEW YORK: With US companies trying to closely link executive pay with performance, bonus payouts to chief executives has dropped 22% in 2009 as firms tried to assuage sentiment of irate public, an ...
Vail Resorts Profit Downhill Of Wall Street Estimates
Business Journal
posted a smaller profit in its most recent quarter Wednesday, falling short of analysts' expectations. The Broomfield-based ski-resort and hotel operator again cited a dropoff in real estate clos...
Shrewsbury Wal-mart Plan Gets Hearing
Business Journal
said Wal-Mart is interested in bringing either a 120,000- or 150,000-square-foot store to the site. A vote on the plan will come at a later date.
Citigroup Center Going Back To Lender
Business Journal
Prudential Real Estate Investors , the latest in a series of highly leveraged downtown San Francisco owners who are voluntarily giving distressed properties back to the lender. In late March, Prudent...
Axelrod Confident Health Overhaul Bill Will Pass
ABCNews
President Barack Obama's top political adviser says lobbyists are gathering on Capitol Hill "like locusts" to try to derail health care legislation. But David Axelrod says he's confident the overha...
Social Security To Start Cashing Uncle Sam's Ious
ABCNews
The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to the Social Security Administratio...
Chinese Pm Rebuts Criticism Over Copenhagen Role
Guardian
Wen Jiabao during his annual press conference after the closing session of the National People's Congress in Beijing. Photograph: How Hwee Young/EPA The Chinese prime minister, Wen Jiabao, today lau...
Us Bank Regulation Bill Expected
BBC
A new bill to tighten regulation of US banks is due to be unveiled on Monday, but it is unclear if it will succeed in gaining Senate support.The legislation is being presented by Democratic Senator Ch...
Cabin Crew Strikes 'threaten Ba's Future'
Sky News
Lord Adonis appealed to the Unite union to return to the negotiating table in an attempt to avert the industrial action planned to begin on Saturday. He said: "The impact this will have will not only...
Greece Must Work On Issues Before Help: Ecb Member
Reuters
(Reuters) - Greece should show it has taken steps to get its public finances in order before external help can be given, European Central Bank Governing Council member Ewald Nowotny said in an intervi...
Ba Strike Is Unjustified - Adonis
BBC
Transport Secretary Lord Adonis has attacked the planned strike by British Airways cabin crew staff, calling it "totally unjustified".He told the BBC's Andrew Marr Show that the strike posed...
Microsoft Admits Security Update Errors
Infomatics
Microsoft has been forced to admit that a security update for its popular Excel application caused non-English text to appear on some users’ screens.In a posting on the
China Promises Steps To Boost Imports
ABCNews
China's Premier Wen Jiabao leaves after his annual news conference following the closing session of the National People's Congress in Beijing's Great Hall of the People Sunday, March 14, 2010. (AP Pho...
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