Archive for August, 2009

Despite the Downturn, a Polish City Thrives

By CARTER DOUGHERTY on Aug 31st 2009

Foreign investment is helping Lodz, Poland, and Poles who left the country are coming home to work.

Filed in Finance News | No responses yet

Canada’s Economy Improved in Second Quarter

By THE ASSOCIATED PRESS on Aug 31st 2009

The nation’s economy contracted at a 3.4 percent annual pace in the quarter, better than the 6.1 percent decline in the first period.

Filed in Finance News | No responses yet

Chevron Offers Evidence of Bribery in Ecuador Lawsuit

By SIMON ROMERO and CLIFFORD KRAUSS on Aug 31st 2009

The oil giant Chevron posted videos on its Web site of meetings in Ecuador that appear to implicate officials connected to a $27 billion lawsuit over environmental damage.

Filed in Finance News | No responses yet

Victors in Japan Are Set to Abandon Market Reform

By HIROKO TABUCHI on Aug 31st 2009

Japan’s opposition party, which has returned to power, pledged a shift away from deregulation and market-led growth, but its economy may in fact need more of that.

Filed in Finance News | No responses yet

China Tightens Grip on Rare Minerals

By KEITH BRADSHER on Aug 31st 2009

The government’s plan to tighten limits on the production and export of so-called rare earth elements would force more manufacturers to make their wares in China.

Filed in Finance News | No responses yet

Samsung to Open App Store

WSJ.com: What's News US on Aug 31st 2009

Samsung Electronics plans a service to let users of its cellphones in Europe buy and download applications.

Filed in Finance News | No responses yet

Dell to Sell Brocade’s Networking Gear

WSJ.com: What's News US on Aug 31st 2009

Dell will start selling networking gear made by Brocade Communications Systems Inc. under the Dell brand.

Filed in Finance News | No responses yet

Japanese Output Rises 1.9%

WSJ.com: What's News US on Aug 31st 2009

Japan’s industrial output beat expectations with a 1.9% increase in July — a sign the business environment is improving even as consumers remain reluctant to spend.

Filed in Finance News | No responses yet

Tobacco Giants Challenge Law

WSJ.com: What's News US on Aug 31st 2009

Tobacco companies including Reynolds and Lorillard filed suit against the FDA alleging free-speech restrictions under new marketing regulations.

Filed in Finance News | No responses yet

Report: China’s Manufacturing Expanded in August

By THE ASSOCIATED PRESS on Aug 31st 2009

China’s manufacturing growth picked up in August, expanding at its fastest rate this year amid massive stimulus spending, a business group reported Tuesday.

Filed in Finance News | No responses yet

Report: China’s Manufacturing Expanded in August

By THE ASSOCIATED PRESS on Aug 31st 2009

China’s manufacturing growth picked up in August, expanding at its fastest rate this year amid massive stimulus spending, a business group reported Tuesday.

Filed in Finance News | No responses yet

Apple Plans iPod Event

WSJ.com: What's News US on Aug 31st 2009

Apple issued invitations to an event next week that the company indicated would be related to its iPod music players.

Filed in Finance News | No responses yet

Merck Sets Management Team

WSJ.com: What's News US on Aug 31st 2009

Merck named the management team that will be in place after the drug maker closes its acquisition of Schering-Plough.

Filed in Finance News | No responses yet

Baker Hughes to Create Oilfield Giant

WSJ.com: What's News US on Aug 31st 2009

Baker Hughes, seeking to cement its status as a top-tier energy-service company, agreed on Monday to acquire BJ Services in a deal valued at $5.5 billion.

Filed in Finance News | No responses yet

Syria Cracks Open Its Frail Economy

WSJ.com: What's News US on Aug 31st 2009

Syria is accelerating the opening up of its economy, boosting U.S. hopes that its ties with Iran might weaken. President Assad’s changes face opposition from some top ruling-party members.

Filed in Finance News | No responses yet

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