August 29th, 2011
Sino Forest Corp. says its chief executive has resigned as Canadian regulators investigate fraud allegations against the Hong Kong-based company following claims it exaggerated the size of its forest holdings in China.
Three other employees were temporarily suspended, said a company statement released Sunday in Canada, where its shares are traded on the Toronto Stock Exchange. […]
Filed under: interest rate, technology by Forest
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August 24th, 2011
Companies ordered more aircraft and autos last month, driving up demand for long-lasting manufactured goods. But outside those categories, businesses invested less in durable goods.
The Commerce Department says orders for durable goods rose 4 percent in July, the biggest increase since March. Demand for autos and auto parts jumped 11.5 percent, the most in eight […]
Filed under: finance, technology by Forest
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August 19th, 2011
Lenovo Group, the world’s No. 3 personal computer manufacturer, said Thursday its profit in the latest quarter nearly doubled on strong sales in emerging markets.
Profit for the three months ending June 30 was $108 million, or 1.11 U.S. cents per share, up 98 percent from a year ago, the company said. It said sales rose […]
Filed under: mortgage, technology by Forest
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August 18th, 2011
Gross domestic product, the labour market, industrial production, housing starts
Filed under: technology, uk by Forest
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July 23rd, 2011
Jeff Timmons has spent about $5,000 to fix up a guest bathroom in the home he purchased this year. It wasn
Filed under: Uncategorized, technology by Forest
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July 16th, 2011
Standard & Poor’s is warning mortgage giants Fannie Me and Freddie Mac that they may lose their top credit ratings if lawmakers don’t raise the U.S. government’s borrowing limit in time to avoid a default.
S&P says government-controlled Fannie and Freddie, along with certain Federal Home Loan Banks and Farm Credit System Banks, could also default […]
Filed under: technology, term by Forest
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July 8th, 2011
China’s ocean administration has ordered oil companies operating offshore wells to assess risks of accidents following two spills off its east coast in a field operated by American energy giant ConocoPhillips.
The State Oceanic Administration on Friday said offshore oil producers must thoroughly investigate any risks, review their emergency planning and also reassess environmental impact from […]
Filed under: online, technology by Forest
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June 26th, 2011
France’s health minister says experts are “99 percent sure” that the E. coli outbreak that put seven people in the hospital in Bordeaux region is the same strain of bacteria that killed 44 people _ all but one in Germany.
Hospital officials say that three of the seven sickened are on dialysis, while a 78-year-old is […]
Filed under: management, technology by Forest
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June 15th, 2011
Greek police deployed in strength Wednesday to prevent thousands of anti-austerity protesters from blockading Parliament, where the struggling government will launch a debate on new unpopular cutbacks needed to secure international rescue loans.
As a 24-hour general strike got underway, a large part of central Athens was closed to all traffic and pedestrians as police mounted […]
Filed under: Uncategorized, technology by Forest
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June 10th, 2011
The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their homes.
The Treasury Department said Thursday that Wells Fargo, Bank of America and JPMorgan Chase & Co. have failed to help enough people permanently lower […]
Filed under: technology, term by Forest
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