Business News

10:24 AM
7-February
2010 Egypt-Israel Gas Deal Realized Despite Popular DiscontentA new deal increasing the export of Egyptian natural gas to Israel has come into effect despite popular protest in Egypt.
Topics: Politics, Environmental Resources, Environment, Business, World

4:18 PM
4-February
2010 Jordanian Airline to Make Unprecedented Stop at Israeli Tourism FairJordanian carrier Royal Jordanian will take part in an Israeli tourism fair for the first time. The International Mediterranean Tourism Market, which labels itself as the largest travel market in the Eastern Mediterranean, will host Royal Jordanian in Tel Aviv in the second week of February.
Topics: Tourism, Lifestyle and Leisure, Travel, Business

1:37 PM
4-February
2010 European Shares Plunge On Deficit ConcernsShares in nearly all western European markets plunged on Thursday, with Portugal's nearly 5 percent drop leading the way down. All of the 18 western European markets declined except for Iceland, which rose 1.1 percent.
Topics: Business

1:32 PM
4-February
2010 Bank of America Settles With SEC, However Attorney General Not Satisfied - Suing BankBank of America on Thursday announced that it has settled a regulatory complaint with the Securities and Exchange Commission (SEC) in several cases filed by the SEC related to the Merrill Lynch merger. However, on the heels of this settlement New York's Attorney general is accusing the bank and two of its top officials of securities fraud related to the same merger.
Topics: Business, Companies and Execs, Regulatory Policy and Organization, Politics

12:18 PM
4-February
2010 New U.S. Jobless Claims Unexpectedly Rise Above Previous EstimatesAccording to the Labor Department first-time claims for state unemployment benefits rose to the highest level since mid-December. New claims for unemployment insurance rose by 8,000 to a seasonally adjusted 480,000.
Topics: Business, Economy

   

10:37 AM
4-February
2010 Earthquake Shook Haiti Oil Supplies Precipitating False CrisisHaiti faced a series of scarcity crisis events after the devastating earthquake of Jan. 12 according to crisis management pundits and governmental officials in Port-au-Prince, the capital of the country.
Topics: Earthquake, Disasters and Accidents, Business

9:45 AM
4-February
2010 Asian Shares Fall On Jobless, Recall ConcernsMost Asian markets were down Thursday as investors waited for new figures on the U.S. jobless rate and Japanese markets worried over the impact of Toyota's recall.
Topics: Markets, Business, Economy

6:43 AM
4-February
2010 Canada Probes Immigration ConsultantsCanadian Citizenship and Immigration Minister Jason Kenney ordered an investigation of immigration consultants across the country following a discovery by the Royal Canadian Mounted Police of 300 citizenship applicants using one Mississauga address in their documents.
Topics: Companies and Execs, Business, Migration, Politics

6:38 AM
4-February
2010 Ofgem Warns British Households, Businesses May Face 25 Percent Hike In Energy Bills In The Next 10 YearsBritish energy regulator Ofgem warned on Tuesday residential and business consumers may face up to a 25 percent rise in their energy bills in the next decade.
Topics: Economy, Business, Environmental Resources, Environment

6:12 AM
4-February
2010 Quebec To Host Arctic Summit Next MonthForeign ministers of five Arctic Ocean coastal states will gather on March 29 at Chelsea in Quebec to tackle new thinking on responsible development in the region from the point of view of Arctic Ocean coastal states. Canada will host the summit, according to Canadian Foreign Affairs Minister Lawrence Cannon.
Topics: Environmental Resources, Environment, Regional Authority, Politics, Economy, Business