Business News
Monarch airline upgrades planes after passenger complaints
The Guardian - 30 Sep 2012 19:12
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...
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.
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...
Ed Balls pledges extra £3bn to build 100,000 affordable homes from 4G sale
The Guardian - 30 Sep 2012 23:12
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...
Analysis: China slides faster into pensions black hole
Reuters - 30 Sep 2012 23:07
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...
U.S. group urges $2 trillion alternative to fiscal cliff "time bomb"
Reuters - 30 Sep 2012 22:55
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.
Labour conference 2012: a cerebral address on moral limits of markets
The Guardian - 30 Sep 2012 22:11
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...
Euro zone won't last in current form, will be smaller: Slovak PM
Reuters - 30 Sep 2012 22:10
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...
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.
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...
Goldman Sachs shares could rally 25 percent: Barron's
Reuters - 30 Sep 2012 20:42
(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.
Unions fear job losses at private equity-owned Biffa as creditors close in
The Guardian - 30 Sep 2012 20:20
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...
Sainsbury's boss welcomes grilling on green values and ambitions
The Guardian - 30 Sep 2012 20:07
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...
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.
Glencore accused of slashing tax bill by using complex insurance deals
The Guardian - 30 Sep 2012 19:40
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 ...
Serco takeover of NHS pathology labs 'led to clinical and financial failures'
The Guardian - 30 Sep 2012 19:08
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...
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.
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.
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...
Cuts hit Spain's young hardest
BBC - 30 Sep 2012 18:05
Spanish young people protest high level of unemployment
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...
'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