Greece Struggles To Keep The Lights On As Trade Credit Crunch Bites :: A trade credit crunch, driven by trading partners' fears that Greek businesses will soon be refusing to honor their debts in euro, is making it difficult for Greeks to keep their economy running.
url: http://www.ibtimes.com/articles/347454/20120531/greece-trade-credit-crisis-oil-chaos.htm
Tough Times: The Gray Lady Fights Wall Street, Employees And Its Own Bad Press :: On a Friday afternoon in March, the New York Times Company (NYSE: NYT) disclosed to the Securities and Exchange Commission that it would pay Janet Robinson, its recently fired CEO and a 28-year veteran of the company, a severance package of around $23.7 million.
url: http://www.ibtimes.com/articles/347441/20120531/new-york-times-sulzberger.htm
Ecuadoreans Sue In Canada To Force Chevron To Pay $18 Billion :: Thousands of Ecuadoreans this week are trying to force Chevron Corp., the second-largest U.S. oil and gas company, into complying with a verdict and paying billions in environmental fines resulting from a decade-long pollution case.
url: http://www.ibtimes.com/articles/347408/20120531/chevron-ecuador-pollution-oil-trial-canada.htm
India's Growth Slows To 5.3% In 1Q :: India's GDP growth slowed to 5.3 percent in the first quarter from the prior year as manufacturing fell, the weakest result since 2003 for the world's 11th largest economy, officials said Thursday.
url: http://www.ibtimes.com/articles/347331/20120531/india-gdp-falls-1q.htm
Jobless Claims Up 10,000 Last Week To One-Month High :: The number of Americans filing for first-time jobless benefits rose by 10,000 last week, the Department of Labor announced Thursday, bringing the number of people filing for unemployment benefits to a one-month high and exceeding analysts' expectations.
url: http://www.ibtimes.com/articles/347277/20120531/jobless-claims.htm
US 1Q GDP Revised Down To 1.9% :: The U.S. economy expanded at a 1.9 percent annual rate in the first quarter, the Commerce Department reported Thursday. That's in line with economists' estimate and slower than the initially reported 2.2 percent pace.
url: http://www.ibtimes.com/articles/347272/20120531/1q-gdp-revised-down-1-9.htm
India's Q4 Economic Growth Slumps To Nine-Year Low; Trade Bodies Demand Immediate Government Action :: Corroborating the fears of an economic slowdown, India's economic growth slumped to 5.3 percent, a nine-year-low in the fourth quarter ending March 31, according to a Thomson Reuters data. The growth rate was 9.2 percent in the same period a year earlier.
url: http://www.ibtimes.com/articles/347226/20120531/india-q4-economic-growth-disappointing-nine-low.htm
Tony Blair: 'Pressure' from Murdoch :: url: http://rss.cnn.com/~r/rss/edition_business/~3/6rvtuubBONc/index.html
Do black tech entrepreneurs face institutional bias? :: url: http://rss.cnn.com/~r/rss/edition_business/~3/Uy3QTPolITo/index.html
US Unemployment Rate Rises To 8.2% In May, Only 69,000 Jobs Added :: Nonfarm payrolls rose by a paltry 69,000 in May, the weakest in a year, while the unemployment rate ticked back up to 8.2 percent as the labor participation rate edged up 0.2 percent to 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 150,000 jobs.
url: http://www.ibtimes.com/articles/347753/20120601/unemployment-rate-nonfarm-payroll-job.htm
India To Set Up Investment Tracking System To Fast Track Investments :: In an attempt to speed up economic recovery and to fast track investments, the government of India has approved setting up of an investment tracking system.
url: http://www.ibtimes.com/articles/347694/20120601/india-sets-up-investment-tracking-system-check.htm
Air India Pilots May Call Off Strike; Airline Likely To Recruit Foreign Pilots :: The Indian Pilots Guild, which is spearheading the agitation, has been holding informal talks with Aviation Minister Ajit Singh and the minister has reportedly gave them "verbal assurance" that the sacked pilots will be taken back.
url: http://www.ibtimes.com/articles/347603/20120601/air-india-pilots-call-strike-carrier-shifts.htm
Bharat Bandh Effect: Oil Firms Likely to Revise Petrol Price Today :: A partial rollback in the petrol price may likely take place on Friday, following intensified protests against the hike in petrol prices that took effect on May 24.
url: http://www.ibtimes.com/articles/347594/20120601/petrol-price-rollback-revise-friday-bharat-bandh.htm
Shareholders of Australia's Norton Gold Advised to Agree To $229M Takeover Bid of China's Zijin Mining :: The board of Perth-based Norton Gold Fields has unanimously recommended and advised its shareholders to accept the $229-million takeover bid of Zijin Mining Group, China's biggest gold producer.
url: http://www.ibtimes.com/articles/347561/20120601/gold-china.htm
BHP Billiton Welcomes Australian Environmental Go Signal on Pilbara Port Expansion, But Says Decision To Proceed Still To Take Time :: BHP Billiton Ltd. continued to reiterate board approvals to pending projects will not be tackled until end of the year, even as it welcomed the latest positive development bequeathed by Australian government authorities on the planned expansion of its Port Hedland harbor in the country's Pilbara region.
url: http://www.ibtimes.com/articles/347539/20120531/iron-ore-pilbara.htm
Westpac Forecasts 4 More Interest Rate Cuts for 2012 :: To address global financial concerns over the European situation as well as weakening consumer confidence in Australia, Westpac chief economist Bill Evans forecast four more overnight cash rate cuts by the Reserve Bank of Australia (RBA) in 2012.
url: http://www.ibtimes.com/articles/347499/20120531/westpac-forecasts-4-more-interest-rate-cuts.htm
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