Dubai Holding unit delays 2009 results again

May 16th, 2010 by User | No Comments | Filed in Financial News

DUBAI (crawlindia) – Dubai Holding Commercial Operations Group (DHCOG), a unit of the conglomerate owned by Dubai’s ruler, said it was delaying its full-year results again due to complexities in consolidating results of its units.

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UK govt puts spending cuts before tax rises – Cameron

May 16th, 2010 by User | No Comments | Filed in Financial News

LONDON (crawlindia) – Britain’s new government will need to publish a fuller coalition agreement covering a broad range of policies in the next two weeks, Prime Minister David Cameron said on Sunday.

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Spanish job reform is coming but will it be enough?

May 16th, 2010 by User | No Comments | Filed in Financial News, Jobs

MADRID (crawlindia) – Spain’s long-awaited jobs reform, likely this week, will cut the cost of hiring and firing but may not provide enough flexibility to erase financial markets’ doubts about the economy in the longer term, economists said.

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Gas merger will be hard sell for Medvedev in Kiev

May 16th, 2010 by User | No Comments | Filed in Financial News

MOSCOW (crawlindia) – Russian President Dmitry Medvedev visits Kiev this week on an almost impossible mission: talking Ukraine into surrendering control of its cherished gas pipeline system to Russian energy giant Gazprom.

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Under pressure, BP tries again to contain oil spill

May 16th, 2010 by User | No Comments | Filed in Financial News

GALLIANO, La (crawlindia) – Energy giant BP made a new attempt to siphon gushing oil from an offshore well as political pressure and public outrage increased over the company’s slow progress at stopping environmental disaster.

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Obama administration wants clarification from BP

May 16th, 2010 by User | No Comments | Filed in Financial News

WASHINGTON (crawlindia) – Top Obama administration officials demanded on Saturday “immediate public clarification” from BP Plc Chief Executive Tony Hayward over BP’s intentions about paying costs associated with the Gulf of Mexico oil spill.

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More focus needed on state debt in future – EU’s Rehn

May 16th, 2010 by User | No Comments | Filed in Financial News

HELSINKI (crawlindia) – More focus is needed on the state debt of euro zone members in future to prevent possible problems in one country spreading to others, European Union Economic and Monetary Affairs Commissioner Olli Rehn said.

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British govt to intervene in BA cabin crew strike

May 16th, 2010 by User | No Comments | Filed in Financial News

LONDON (crawlindia) – The British government is to intervene in a long-running dispute between British Airways cabin crew and management in a bid to avert up to 20 days of planned strikes over the next four weeks.

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UK faces "enormous" economic challenge – Osborne

May 16th, 2010 by User | No Comments | Filed in Financial News

LONDON (crawlindia) – The British economy is in a dire state and there will be difficult times ahead as the government takes action to tackle a record budget deficit, new finance minister George Osborne said.

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Geithner confident EU will resolve crisis, yuan will rise

May 16th, 2010 by User | No Comments | Filed in Financial News

SINGAPORE (crawlindia) – U.S.

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