Pink Floyd wins battle with EMI over online sales
LONDON (AP) – Album lovers may rejoice a little at last: a British court says Pink Floyd, purveyor … strapped EMI, which has struggled financially since it was bought in 2007 for 2.4 billion pounds by private equity firm Terra Firma Capital … Continue Reading »
As currencies slide, U.K. stocks climb while euro-zone …
That variation is even more marked against the U.K. for some of the smaller European stock markets, with the Spanish Ibex 35 index (INDEX:XX:IBEX) down 7.5%, the Portuguese PSI 20 (INDEX:XX:PSI20) index down 5.7% and the Greek ASE Composite Index … Continue Reading »
Canadian dollar finishes higher vs greenback
TORONTO — The Canadian dollar finished higher against the greenback for a 10th straight session Thursday as it rebounded from early losses along with other riskier assets such as equities and crude oil. The Canadian dollar ended at $1.0243 to the U … Continue Reading »
Forex: EUR/USD trading within narrow range; current …
FXstreet.com (Sydney) ‘“ The EUR has risen slightly against the dollar and is currently trading at 1.3684. The pair had opened on 1.3680 and posted an intraday high of 1.3687. Since then the pair displays upwards tendencies in the hourly charts. The … Continue Reading »
‘Lost decade’ possible for global economy, ECB’s Stark …
WASHINGTON (MarketWatch) — The economic recovery could be doomed to being slow, fragile and prone to reversal if there isn’t a strong commitment to restructuring the global economy, according to Jurgen Stark, a member of the board of the European … Continue Reading »
Dollar dips as Greece announces new spending cuts
NEW YORK (AP) – The dollar eased against the euro and the pound Thursday as Greece announced additional salary cuts and tax hikes to deal with its ballooning deficit, while China reported a jump in inflation. A steep rise in prices could force China … Continue Reading »
Wave Q4 Revenues Grew 58% to $5.2 Million, Q4 Billings …
Wave’s Q4 2009 net revenues rose 58% to $5.2 million, compared with Q4 2008 net revenues of $3.3 million, reflecting an increase in bundled software royalties, as well as growth in software license upgrades. Q4 2009 net revenues rose 7.6% over Q3 … Continue Reading »
Stocks manage gains
The dollar and commodities: The dollar fell versus the euro and gained against the yen. U.S. light crude oil for April delivery rose 2 cents to $82.11 a barrel on the New York Mercantile Exchange. COMEX gold for April delivery rose $1 to settle at $1 … Continue Reading »
The Earthquake in the Mirror
Almost two weeks after the earthquake that devastated Chile, the country is still reeling from aftershocks. I speak to my sister-in-law in Santiago and she suddenly interrupts our conversation, telling me she has to hang up, está temblando, está … Continue Reading »
4 UK lawmakers in court over expenses scandal
LONDON (AP) – Four legislators being prosecuted in a political scandal involving fraudulent expenses claims by hundreds of British lawmakers pleaded not guilty on Thursday. The three governing Labour Party legislators and a member of the House of … Continue Reading »