http://patbkk.com business financial news Sat, 04 Sep 2010 08:55:08 +0000 http://backend.userland.com/rss092 en The U.S. economy is destroying jobs for the third straight month in August but significantly less than expected and job creation in the private sector were pleasantly surprised, easing the pressure on the Federal Reserve for new measures support. Last month, 54,000 non-agricultural jobs have been eliminated, said Friday ... http://patbkk.com/the-u-s-economy-destroyed-fewer-jobs-than-expected-in-august/ Cable & Wireless Worldwide has risen sharply Wednesday in the London Stock Exchange, on rumors of interest from U.S. rival AT & T. The group was not immediately available for comment on this information. At mid-day, action, Cable & Wireless gained 5.24% to 70.3 pence, after a while ... http://patbkk.com/rumours-of-takeover-of-cable-wireless-worldwide-the-title-climbs/ Saffron Monday denied preparing a bid for the capital of the aerospace supplier Zodiac although it remains convinced of the value of a rapprochement. The communication specialist aerospace engine manufacturer Snecma's parent, spoke in response to an article in financial daily La Tribune has reported in its Monday edition ... http://patbkk.com/safran-denies-consider-making-an-offer-on-zodiac/ The Federal Reserve Chairman United States, Ben Bernanke said Friday that the economic recovery had slowed more than expected and the Fed was prepared, if necessary, to adopt additional measures to support the activity. "The committee (monetary policy) is ready to implement further monetary easing through unconventional measures, if ... http://patbkk.com/ben-bernanke-is-prepared-to-do-more-for-the-economy/ The distributor of ready to wear women Etam Thursday reported a jump in operating profit in the first half, thanks to China, but also an increase in its debt. The group identified the first six months of the year operating profit of 18.1 million euros, an increase of 175.7% ... http://patbkk.com/bond-half-year-operating-profit-etam-rising-debt/ The Chinese company Geely Automobile Holdings Wednesday reported a 35% rise in interim profits, higher than expected, but is facing a slowdown in sales due to increased competition in the biggest car market world. The automaker, whose parent company Zhejiang Geely bought Volvo to Ford, posted a net profit ... http://patbkk.com/geely-automotive-is-better-than-expected-first-half/ Asahi Breweries and SABMiller are interested in operating in the Australian beer Foster's Group, valued over 10 billion dollars (7.9 billion euros), but no formal offer has yet been made, it was Monday learned from sources close to the matter. The Sunday Times reported Sunday that SABMiller, the second ... http://patbkk.com/sabmiller-and-asahi-interested-in-fosters-beer/ Marc Touati, Associate Director of Global Equities This topic is more socially and economically. In the current crisis, it is even very controversial, very "dangerous". We must therefore take tweezers in the formulation of the analysis to avoid offending the spell ... I. The model of solidarity to ... http://patbkk.com/economists-spend-tray/ The CEO of Hewlett-Packard Co., Mark Hurd, under investigation for sexual harassment, resigned Friday, said the U.S. computer group. Hurd, who was head of HP since 2005, will be replaced by Chief Financial Officer Cathie Lesjak, who will serve as interim executive director. According to HP, an investigation ... http://patbkk.com/resignation-of-ceo-of-hp-after-an-investigation-for-sexual-harassment/ Rio Tinto has committed to increase its investment to sustain growth after reporting earlier in the day a record net profit in the first half, thanks to buoyant sales of iron ore in China. The second largest producer of iron ore, a key component in steelmaking, will increase its ... http://patbkk.com/record-earnings-for-rio-tinto-h1/