Business and Finance News
 Fund-poor schools close in Missouri
The Africa News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially. Forbes says Gates no longer the world's richest
The Africa News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year. Asian Stocks Post Tepid Gains; Europe Lower
Sign on San Diego
BANGKOK Asian stock markets posted tepid gains Thursday as China's burst of inflation tempered confidence in the regional economic rebound. European shares opened lower. Most Asian benchm... Watchdog: Gmac Bailout Could Cost Taxpayers $6.3b
Seattle Post-Intelligencer
File - In this file photo taken Thursday, April 30, 2009, a GMAC sign is shown at a GM/Chrysler dealership in Oakland, Calif. The Treasury Department sank billions into auto finance giant GMAC Inc. wi... Sensex Gains 70 Pts In Volatile Trade
Times Of India
MUMBAI: The Bombay Stock Exchange benchmark Sensex rose for the second day today gaining 70 points on selective buying in heavyweights like Reliance Industries and Infosys by funds amid easing infl... Bmw 2009 Profit Falls 36% To $286 Million
Times Of India
FRANKFURT: German carmaker BMW AG said Thursday its 2009 net income fell 36 percent to euro210 million ($286 million) because of lower demand for its cars and motorcycles during the economic downtu... Govt Borrowing Likely To Be Smooth: Rbi
Times Of India
MUMBAI: The Reserve Bank today said the government borrowing for the next fiscal is unlikely to pose any major challenge to it, provided it remains within the budgeted target. "We don't expect t... Mexican Shakes Up World Rich List
BBC
Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's list - the first time since 1994 that an American has not led the rankings.Mr Slim's fortune rose by $18.5bn (£12.4bn... World Airline Sector 'recovering'
BBC
The global airline industry will recover strongly this year, as both passenger and freight numbers improve, the industry's trade body has said.The International Air Transport Association said the sect... Red Knights Get Advisers For Bid
BBC
The Red Knights group eyeing a possible bid for Manchester United is to be advised by investment bank Nomura, the Japanese firm has said.The group of financiers has met the football club's supporters,... Rail Union Workers Vote To Strike
BBC
Network Rail maintenance workers have voted in favour of strikes, bringing about the possibility of action over Easter.The Rail Maritime and Transport (RMT) union said 77% of the members who took part... Wall Street 2 Pushed Back
BBC
Oliver Stone's sequel to 1987 hit Wall Street will not be in cinemas for another six months after film studio bosses pushed back the release date.Money Never Sleeps was scheduled to open on 23 April i... Bmw Ag's 2009 Net Profit Drops 36%
Fox Business
FRANKFURT -- German premium-car maker BMW AG said Thursday its 2009 net profit fell 36% to 210 million euros ($286 million) compared to the previous year. Revenue dropped 4.7% to 50.68 billion euros.... Ecb's Mersch Rejects Use Of Central Bank Money By Emf
Fox Business
LUXEMBOURG -(Dow Jones)- Any putative new European Monetary Fund would have to reckon without the monetary resources of the European Central Bank, ECB council member Yves Mersch said Thursday. Howeve... Moody's: Spain's Financial Restructuring Too Slow
Fox Business
MADRID -- Delays in restructuring and consolidation of Spain's bank sector, combined with the low amount of public funds that have flowed into the sector are threatening earlier expectations of a mat... K+s: Potash Capacity Is Currently At 100%
Fox Business
FRANKFURT -(Dow Jones)- Fertilizer and salt supplier K+S AG (SDF.XE) said Thursday said its potash capacity is currently at 100%. Officials also said during a press conference Thursday that the compa... Bmw 2009 Profit Falls 36 Pct To $286 Million
ABCNews
FILE - The May 14, 2009 file photo shows raindrops on the BMW sign of a BMW car prior a general meeting of the BMW Group in Munich, southern Germany. German carmaker BMW AG said Thursday, March 11, 20... Bp To Pay $7 Billion For Exploration Rights
ABCNews
Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights from US-based Devon Energy Corp. that will strengthen BP's dominant position in the Gulf of Mexico and give it acc... Poll: Many In Us Oppose Internet, Sports Betting
ABCNews
A new poll finds most Americans oppose Internet and half oppose sports betting, but many have gambled themselves at a casino. The Fairleigh Dickinson University PublicMind poll found two-thirds of ... Ahead Of The Bell: Trade Deficit Expected To Widen
ABCNews
The U.S. trade deficit likely widened slightly in January reflecting a higher foreign oil bill and a drop in aircraft exports. Economists surveyed by Thomson Reuters expect the trade deficit increa...
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