Thursday, August 12, 2010

It's the economy (Thursday, August 12, 2010)

American home foreclosures soar, BC real estate sales drop and Blackberry gets a warning from India, some of the financial items of interest for Thursday.

Globe and Mail-- GM’s new CEO ‘aggressive, quiet’
Globe and Mail-- U.S. home foreclosures surge
Globe and Mail-- Greek recession deepens as austerity bites
National Post-- RIM stands ground in India dispute
National Post-- BP to pay record fine for Texas safety violations
National Post-- Pipeline firms to gain as oil sands operators spend to prevent accidents
Vancouver Sun-- Premier Gordon Campbell offers California legislators support for climate-change legislation
Vancouver Sun-- B.C. posts 42-per-cent drop in July real estate sales
New York Times-- BP to Pay Record $50.6 Million Fine Over Texas Refinery
New York Times-- Switzerland Takes Loss in Vain Attempt to Keep the Franc in Check and Aid Exports
New York Times-- G.M. Chief Stepping Down After Report of Strong Quarter
USA Today-- Pay surveys say workers will benefit from corporate profits
USA Today-- U.S. corn, wheat headed for record year, says USDA
Guardian UK online-- Airport staff vote to strike over BAA pay offer
Guardian UK online-- Prudential profits soar despite costs of failed AIA adventure
Guardian UK online-- Banks' big ideas for reform
The Independent-- Thomas Cook warns on weak UK economy as profits tumble
The Independent-- Rok suspends finance chief and issues profits warning
Telegraph UK online-- Stock market 'perfect storm' cuts pension income by two thirds
Telegraph UK online-- Why the US is as busted as a busted flush
Telegraph UK online-- Repossession threat as Government reduces home owner support
Melbourne Herald Sun-- Qantas duped by the volcano - Joyce
Melbourne Herald Sun-- Jobless rate up to 5.3 per cent
Sydney Daily Telegraph-- Engineer lied on resume, bribed recruiter the ICAC finds
People's Daily-- Economy slows down, but more sustainable
People's Daily-- China's consumer confidence edges up in second quarter
China Daily-- Inflationary pressure 'could ease'
China Daily--  Lenders told to account for loans
Times of India-- BlackBerry told to provide access by Aug 31 or face ban
Times of India-- Industrial growth slips to single digit at 7.1%

1 comment:

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