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Business News

Location American Business News for 30 September 2012
Low-cost carrier Monarch cleans leased aircraft and boosts staff numbers amid claims of dirty cabins and inadequate legroomLow-cost airline Monarch has deep cleaned aircraft and provided extra cabin crew on flights after...
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Economic Reports for the Week of Oct. 1

The New York Times - 30 Sep 2012 23:40
Data will include manufacturing and construction reports and the monthly unemployment figures, and automakers and retailers will release sales numbers for September.
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Big money bets on China growing old, and rich

Reuters - 30 Sep 2012 23:17
HONG KONG/SINGAPORE (Reuters) - At the Happy Community housing development in Beijing, China's largest property developer is setting aside 24,000 square meters (258,000 sq ft) for active seniors to test whether this rapi...
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Labour plans to build houses and offer stamp duty holiday for first-time buyers rather than cut debt, says shadow chancellorThe shadow chancellor, Ed Balls, will unveil plans on Monday to stimulate the economy by using a...
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QINGHAI, LEDU COUNTY, China (Reuters) - Eighty-year-old Chinese farmer Guo Shuhe receives a state pension equivalent to just $9 a month, not enough to buy a month worth of groceries, but enough it seems, to risk punching...
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WASHINGTON (Reuters) - The independent watchdog group Taxpayers for Common Sense will unveil a $2 trillion deficit-reduction proposal in hopes of averting an economic debacle at year's end known as the fiscal cliff.
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Harvard University professor Michael Sandel tells delegates a debate about markets would invigorate politicsLabour was treated to a 45-minute lecture on the moral limits of markets by Harvard University professor Michael...
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BRATISLAVA (Reuters) - The euro zone will not survive in its current form and one or possibly two countries will be forced to leave the currency bloc because they will be unable to meet their commitments, Slovak Prime Mi...
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Exclusive: Fernandes In £250m Alpine Deal

Sky News - 30 Sep 2012 21:32
Malaysian entrepreneur Tony Fernandes is in advanced discussions with an automotive giant about producing vehicles.
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How travel limits our minds

The Guardian - 30 Sep 2012 21:00
My train and plane journey demonstrates that how we travel reflects the way we think – and we have become a society of airheadsSlumping into the cramped confines of my seat, recovering my composure after a frantic...
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(Reuters) - Goldman Sachs Group Inc shares could rise at least 25 percent in the next year as capital markets improve, Barron's said on Sunday.
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The UK's largest waste management company is struggling with heavy debts and planning to restructureUnion leaders are seeking urgent talks with Biffa, in the latest move to protect jobs and services at the debt-laden was...
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Justin King to tell business and sustainability leaders direction makes commercial as well as ethical sense despite City nervesJustin King will on Monday underline Sainsbury's determination to become Britain's greenest g...
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Kazakhstan gets first Saks Fifth Avenue store

Reuters - 30 Sep 2012 19:44
NEW YORK (Reuters) - Saks Inc opened its first Saks Fifth Avenue store in Kazakhstan on Sunday, as the retailer seeks to tap a growing appetite for luxury in emerging markets.
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Commodity trader's UK profits are being depressed, but company says contracts are not designed to avoid taxA leading tax expert has accused Glencore of cutting its UK tax bill by tens of millions of pounds after profits ...
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Joint venture between King's College and St Thomas' hospitals and Serco dogged by computer faultsThe takeover of the NHS's biggest pathology laboratories by the multinational Serco has led to a series of clinical and fin...
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Pedrosa keeps title hopes alive

CNN - 30 Sep 2012 18:50
Dani Pedrosa is still in the hunt for his first ever MotoGP world title after claiming victory in front of his home fans in Aragon.
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Biffa: Banks To Seize Troubled Waste Company

Sky News - 30 Sep 2012 18:40
The Buckinghamshire-based waste collector is struggling to pay off its debts, and is about to be taken over by creditors.
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Another item on the holiday hot list: Layaway

NBC News - 30 Sep 2012 18:08
Many people used to think of layaway as that relic of the past that your grandmother used during the Great Depression. But the weak economy and  an increasing interest in keeping down credit card debt has pushed the h...
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Cuts hit Spain's young hardest

BBC - 30 Sep 2012 18:05
Spanish young people protest high level of unemployment
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French protesters march in 'resistance' to austerity

The Guardian - 30 Sep 2012 17:48
Thousands take to the streets of Paris in move described by government minister as 'fundamental error'Thousands of demonstrators took to the streets of Paris on Sunday to protest against the spread of economic "austerity...
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'Never forget your dreams'

BBC - 30 Sep 2012 17:46
Young people around the world tell the BBC how they got their first jobs and provide tips for others
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