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Web Directory Home / Business Friday, December 16, 2005
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   Volkswagen HR chief says labor costs have to fall
FRANKFURT (Reuters) - Volkswagen VOWG.DE has to keep cutting labor ...

Honda to launch Acura luxury brand in Japan
TOKYO (Reuters) - Honda Motor Co. said on Wednesday it would bring its high-end Acura brand to its home Japanese market in late 2008, following Toyota Motor Corp.'s Lexus marque into ...

Home loan applications fall as refinancing slumps
NEW YORK (Reuters) - U.S. mortgage applications decreased last week, dragged down by sharp decline in home refinancings to a 17-month low as interest rates held near the highest ...

Stock futures point to weaker open
NEW YORK (Reuters) - U.S. stocks futures pointed to a weak start on Wall Street Wednesday, with technology shares likely under pressure as a rating downgrade pushed Apple Computer Inc.

Bankers may return profits from Mizuho mishap
TOKYO (Reuters) - Some investment banks that profited from a $337 million trading mishap on the Tokyo bourse involving Mizuho Securities may return the money to the Mizuho Financial ...

EU court upholds ban on GE-Honeywell deal
LUXEMBOURG/BRUSSELS (Reuters) - The European Union's second highest court on Wednesday upheld the European Commission's ban on General Electric

Six Flags ends sale process, appoints new CEO
NEW YORK (Reuters) - Six Flags Inc. PKS.N, which had put itself up ...

Boeing wins $10 bln Qantas jet order
SYDNEY (Reuters) - Boeing Co. BA.N won a $10 billion order from Qantas ...

FPL, Constellation in advanced merger talks: report
NEW YORK (Reuters) - FPL Group Inc., parent of the Florida Power and Light utility, is in advanced talks to acquire Constellation Energy Group Inc.

General Dynamics to buy Anteon for about $2.1 bln
NEW YORK (Reuters) - Defense contractor General Dynamics Corp. said on Wednesday it agreed to buy Anteon International Corp. for about $2.1 billion in cash, in a move to expand its ...

GM's Saab eyes new models to boost volume (Reuters)
Reuters - General Motors' loss-making Saab unit is planning to launch three new models in Europe in an effort to boost volumes and break even, the Frankfurter Allgemeine Zeitung ...

GM's workers ratify new health-care cuts (Reuters)
Reuters - Blue-collar workers at General Motors Corp. have ratified a landmark deal to help the automaker cut its massive health-care costs, the United Auto Workers union said on Friday.

Julius Baer strikes $4.6 bln UBS buy
ZURICH (Reuters) - Julius Baer BAER.VX is to buy three banks from ...

Dollar falls on doubts about US growth
LONDON (Reuters) - The dollar hit its lowest levels in nearly four months on Monday on worries that the Federal Reserve may pause in its dollar-supportive monetary tightening as the ...

Oil off $1 on IEA release
LONDON (Reuters) - Oil prices fell on Monday, extending Friday's sharp drop, after the release by industrialised nations of emergency stocks to prevent a U.S. fuel crisis after ...

Markets worry Katrina may hit growth
LONDON (Reuters) - Worries that Hurricane Katrina will take a bite out of U.S. growth boosted bonds and sent the dollar to multi-month lows on Monday as markets grew more confident ...


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