General Dynamics Corp. (NYSE:GD) was awarded the contract to supply the British army with a new fleet of armored vehicles which is estimated to be worth billions over the 30-years the vehicles are expected to operate.
Although it is the U.K. wing of General D...
United Kingdom (Mar 22nd, 10)
Canadian bonds increased on Monday as the ongoing Greek sovereign debt crisis continues to cause concerns about safety in the markets.
While gold has been getting hammered because of the recent interest rate increase by the Reserve Bank of India, which possib...
Canada (Mar 22nd, 10)
Bank of America (NYSE:BAC) analysts said today that China could be a primary driver of gold demand in the years ahead, based on the opening up of their jewelry market and encouragement to invest in the precious metal.
“Along with the liberalization of t...
Commodities (Mar 22nd, 10)
Australian electricity prices, no matter where things go in the future, are set to continue for some time to come if the population wants to count on reliable electrical supply for its needs.
The major reason for the price increases is the cost of investing i...
Australia (Mar 21st, 10)
In an interesting turn of events, Alistair Darling has come under pressure from British conservatives to put a bank tax on those financial institutions operating in the City of London.
David Cameron recently committed to a tax being put in place by the Tories...
United Kingdom (Mar 21st, 10)
Canadian banking has its strengths and weaknesses, but when talking about being more conservative and healthy when difficult times come, they hands down beat their southern neighbors, as well as most other banking systems in the world because of their practice...
Canada (Mar 21st, 10)
China has come under increasing pressure to allow its currency to rise to what is considered a much higher value than is being allowed at this time.
While the United States has been pushing for this for some time, other areas of the world have gradually enter...
China (Mar 21st, 10)
Six Flags will be taken over by junior bondholders in a settlement deal which was reached after two weeks of bankruptcy proceedings.
The theme-part company came to the settlement on Friday, although it still has to be approved by U.S. Bankruptcy Judge Christo...
Business (Mar 20th, 10)
China has cut back on its growth as their economy became too hot, and now will grow at a still impressive 8 to 9 percent. With that as a backdrop, China has also set a goal of keeping inflation at a 3 percent level in 2010.
They may reach their goal, as grain...
China (Mar 20th, 10)
The three-day strike at the beginning of one of the busiest times of the year forced British Airways to cancel over 1,000 of its scheduled 1,950 flights during that time, even with attempting to transfer many of their passengers to competitors.
All the work d...
United Kingdom (Mar 20th, 10)
The first of a number of Google secrets has come out, as the lawsuit with Viacom and Google continues and court-ordered documents cast light on some of the specifics of the YouTube deal and other information.
First of all, and what most of us that followed th...
Technology (Mar 20th, 10)
Analysts are estimating quarterly results from the time period ending February 28 will show revenue for Oracle (Nasdaq:ORCL) will have a nice 15 percent bounce.
Much of the optimism is centered on a big increase in license sales for new software. Oracle presi...
Technology (Mar 19th, 10)
Citing 17 years of attempting to be accepted into the World Trade Organization, Russian Prime Minister Vladimir Putin told Hillary Clinton there could never be full cooperation between the two countries until that happened.
"We are very committed to Russia jo...
Russia (Mar 19th, 10)
After terrible estimates for the fourth quarter and expected sales of some products not meeting expectations, Wall Street is beginning to ask the question of whether Palm (NASDAQ:PALM) can survive or not; or at least if it survive on its own.
The share price ...
Telecommunications (Mar 19th, 10)
Citigroup (NYSE:C) has reversed direction on its mortgage strategy, saying now they'll be increasing the acquisition of mortgages underwritten by other companies. They also said they'll keep more loans on their balance sheet than they said they were going to.
...
Banking (Mar 19th, 10)
For the third time Dell (Nasdaq:DELL) has delayed closing the assembly plant of the company in Winston-Salem, now pushing the date back to October 29.
Originally scheduled to close in the early part of 2010, demand for the specific desktop computers assembled...
Technology (Mar 18th, 10)
The global financial meltdown revealed the soft underside and vulnerability of the British economy, which had gravitated largely towards financial services.
With the announcement the new models of cars will be produced in the country, it was hailed as a good ...
United Kingdom (Mar 18th, 10)
The upcoming trial of four employees of Australian-based Rio Tinto (LON:RIO) are going on trial for commercial espionage in China next week, and China has warned Australia not to politicize the trial.
After taking some time to smooth over some ruffled feather...
Australia (Mar 18th, 10)
Boeing (NYSE:BA) led the Dow industrials higher today, with the Dow reaching 10,773 and change, the highest levels in over a year and a half.
This isn't just a one-day thing for Boeing though, as it is the highest performing stock in 2010 for the Dow, gaining...
Airlines (Mar 18th, 10)
In the last year or two the concept of “too big to fail” has been applied to certain financial, manufacturing and quasi governmental firms. For example, Barney Frank said last week that he supports the Treasury Department position of supporting Fan...
Real Estate Market (Mar 18th, 10)
