Business Stories from November 10, 2011 (Change date)
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Kenya’s m3 money supply rises 19.3% In september from year agoNov 10, 2011 11:00 pm - Broad money supply in Kenya, East Africa’s largest economy, increased 19.3 percent in September from a year earlier, the Central Bank of Kenya said. The Nairobi-based ba...
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Crate and Barrel CEO Turf resignsNov 10, 2011 11:00 pm - Barbara Turf, CEO and president of Northbrook-based Crate and Barrel, a member of the Otto Group, said she will retire effective Spring 2012. The company said Chief Oper...
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Home Warranty of America acquired by Direct EnergyNov 10, 2011 11:00 pm - Buffalo Grove-based Home Warranty of America (HWA), a leading supplier of whole home protection plans across the United States, has been acquired by Direct Energy, North...
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Swedish automobile may consider liquidation if Saab, Spyker soldNov 10, 2011 11:00 pm - Swedish Automobile NV said it will consider a voluntary liquidation if both Saab and Spyker are sold. If Swedish Automobile is unable to sell Spyker, it may continue the...
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Cyprus finance minister slams ratings agenciesNov 10, 2011 11:00 pm - NICOSIA, Cyprus — Cyprus’ finance minister says international credit rating agencies are responsible for fanning Europe’s financial crisis. Kikis Kazamias is accusing ag...
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BA parent seeks six-fold earnings surge, non-junk rating by 2015Nov 10, 2011 11:00 pm - British Airways parent IAG forecast a six-fold jump in operating profit to about 1.5 billion euros ($2 billion) by 2015 as it deepens savings from a merger with Spain’s ...
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Latin America’s top economy signals bigger cut: Brazil creditNov 10, 2011 11:00 pm - Traders are betting central bank President Alexandre Tombini will step up the pace of interest- rate cuts as growth in Latin America’s biggest economy slows and Europe’s...
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Deaths at Occupy camps bring pressure for shutdownNov 10, 2011 11:00 pm - OAKLAND, Calif. — Leaders across the country felt increasing pressure Friday to shut down Occupy encampments after two men died in shootings and another was found dead f...
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Sunoco said to plan Marcus Hook refinery alkylation unit workNov 10, 2011 11:00 pm - Sunoco Inc. will shut an alkylation unit at the Marcus Hook refinery in Pennsylvania for work by Nov. 21, two people with direct knowledge of the project said. The plann...
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Farmers avoiding federal loan programNov 10, 2011 10:00 pm - WICHITA, Kan. — Extreme drought withered grain across the Great Plains. Flooding from the Mississippi and Missouri rivers drowned corn and other crops from Nebraska to L...