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Financial News

NEW YORK (Reuters) - Wall Street edged lower on Friday, weighed down by energy shares as crude oil prices tumbled under pressure from a rising U.S. dollar.


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NEW YORK (Reuters) - Shares of mobile phone maker Palm tumbled on Friday on questions over its ability to survive in a tough market dominated by Apple, Google and Research in Motion.


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CHICAGO (Reuters) - Boeing Co , the world's No. 2 planemaker, will accelerate planned increases of two of its popular widebody planes to accommodate heightened demand from recovering airlines that had curbed orders in the last two years amid an economic downturn, the company said on Friday.


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WASHINGTON (Reuters) - The head of the House of Representatives' Oversight Committee said on Friday he had asked the Federal Reserve to provide all documents relating to a rule waiver that allowed then-New York Fed Board Chairman Stephen Friedman to hold and purchase stock in Goldman Sachs Gorup .


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LONDON (Reuters) - A three-day strike by British Airways cabin crew will go ahead from Saturday after talks with management collapsed, Britain's Unite union said Friday.


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BRUSSELS/ATHENS (Reuters) - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid.


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BRUSSELS (Reuters) - The European Union is considering making banks pay for an emergency wind-up fund in case one of them goes bust, in an effort to prevent another spiral like the one that followed the Lehman Brothers collapse.


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BEIJING (Reuters) - China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress.


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World News

Security in Baghdad has improved drastically in the past two years, but danger is never far away on the streets of the Iraqi capital for ordinary citizens going about their daily lives. VOTE FIRST STEP TO STABILITY l
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Eleventh-hour talks to try to halt two consecutive weekends of strike action by British Airways cabin crew collapsed Friday, union officials said, raising the prospect of major disruptions for air travelers. WHAT TO DO? l
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A video clip which shows an office worker opening a Kit Kat chocolate bar and finding an orangutan's finger has been re-posted on video-sharing Web site YouTube, a day after it was removed at the request of food giant Nestlé.
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Amnesty International is calling on Saudi Arabia's King Abdullah to stop the execution of a Lebanese man sentenced to death for "sorcery."
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Israel refuses to reverse its decision to build new homes in largely Arab East Jerusalem, but it is offering measures to kick-start the peace process, Middle East envoy Tony Blair told CNN on Friday.
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The path that brought U.S. citizen David Coleman Headley to the point of pleading guilty to involvement in two international terrorism plots is complicated and twisted.
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A retired U.S. general said Thursday that the Dutch policy of allowing openly gay soldiers to serve in its military led, in part, to its failure to halt the massacre of Muslims in the Bosnian town of Srebrenica in 1995.
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John Kelly was 14 when he lost his faith. That's when, he says, he was raped by "religious brothers." A report has found Catholic Church authorities in Ireland covered up child abuse by priests from 1975 to 2004.
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Banking News

The former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial irregularities....
Australian swimmer Stephanie Rice booked a place at the 2010 Commonwealth Games to be held in New Delhi when she hit top form by upsetting former world champion Jess Schipper in the 100m at the selection trials in Sydney....
Union Cabinet on Friday approved a proposal from the Youth Affairs and Sports Ministry for providing a budget of Rs.687.06 crore for overlays, on the plan side of the Ministry to be provided to the Commonwealth Games. rganising Committee....
Mahindra Finance, the financial services arm of the 6.3 billion dollars Mahindra Group, has launched a new loan scheme for gold and an exclusive branch for the same in Kerala....
Australia's Commonwealth Games Association is struggling to attract sponsorships needed to send a large, competitive team to Delhi Commonwealth Games because many regular sponsors have backed out of the event fearing terrorist attacks....
Finance Minister Pranab Mukherjee is expected to hold talks with those opposing the Women's Reservation Bill before the Central Government takes a final call on it....
On March 18, Pope Benedict XVI received members of the Union of Industrialists and Businesses of Rome. The pope noted how the economic crisis that began in 2008 has "sorely tried the economic and......
www.rothmanresearch.com - The state of affairs in the banking sector has improved after the government took some serious measures. These measures also brought some good level of stabilization in the e......
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