Feb 22

EXCERPT From Article Tweeted: A former accounting employee in Nortel Networks Corp.’s Hong Kong office testified Wednesday he was asked to find new accounting reserves the company could book for the fourth quarter of 2002, even though his office had already submitted its final numbers for the quarter.

Source- theglobeandmail.com

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…. -Nortel head office sought extra reserves, ex-accountant testifies: Former employee in Hong… http://t.co/MQMtl4xz #news #BusinessNews #News – ….

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Feb 22

Twitter tests automatic translator- tweet- @x_businessnews

Posted on February 22, 2012 by Newstweet Editor

From newstweeter : @x_businessnews

Business Headlines News Tweets from Newstweeters.com

EXCERPT From Article Tweeted: Twitter is experimenting with a new feature that automatically translates tweets into various languages with the help of Bing Translator.

Source- news.xydo.com

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…. -Twitter Is Testing Auto-Translate Feature #businessnews http://t.co/C5wozG3z – ….

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Feb 22

Fashion retailer sold to Edinburgh Woollen Mill- source- news.sky.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://news.sky.com

World Business Excerpts from Newstweeters.com

Commentary: Peacocks, a fashion retailer, was sold to Edinburgh Woollen Mill. The sale helped secure 6000 jobs but not all were saved. – excerpt below

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…. -Fashion retailer Peacocks has been sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but thousands of staff will still be made redundant.- ….

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Feb 22

3000 jobs added for UK workers- source- news.sky.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://news.sky.com

World Business Excerpts from Newstweeters.com

Commentary: Thanks to InterContinental Hotels, 3000 jobless UK citizens will now have jobs. A training academy will open up to train people in hotel hospitality. About one-fourth of InterContinental employees fall within the 18-24 age range. InterContinental is the world’s biggest hotel chain. - excerpt below

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…. -Deputy Prime Minister Nick Clegg has welcomed the creation of 3,000 new jobs in the UK by the world’s biggest hotelier, InterContinental Hotels.- ….

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Feb 22

Stimulus a possibility in UK- source- news.sky.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://news.sky.com

World Business Excerpts from Newstweeters.com

Commentary: The U.K. could get a stimulus in the form of money this year, which means not so good news for those with a pension plan. – excerpt below

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…. -The prospect of a further cash stimulus to the UK economy later in the year has risen, signalling more bad news for pensioners.- ….

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Feb 22

Huge banking bonuses in Scotland- source- news.sky.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://news.sky.com

World Business Excerpts from Newstweeters.com

Commentary: Investment banking staff at the Royal Bank of Scotland will receive a handsome bonus – just below £400m. – excerpt below

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…. -Royal Bank of Scotland is to pay out just under £400m in bonuses to its investment banking staff for their work in 2011, according to Sky sources.- ….

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Feb 22

UK government pressured to huge budget increase for businesses- source- news.sky.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://news.sky.com

World Business Excerpts from Newstweeters.com

Commentary: The U.K. is being pressured to increase its budget by £500m in order to give businesses a boost. – excerpt below

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…. -The Government is facing pressure to give a £500m boost to business in next month’s Budget and make changes to the tax system to help drive economic growth.- ….

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Feb 22

How The Euro-Zone Could Weaken US Dollar-source- abcnews.com

Posted on February 22, 2012 by US Business Editor

From US Business News Source : abcnews.com

US Business News Excerpts from Newstweeters.com

Commentary: The euro-zone has been chaotic as of late. With more talks and deliberations, these could see negative impacts on the USD. - excerpt below

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…. – As euro-zone finance ministers continue to deliberate about a second big bailout for Greece, many investors seem optimistic about the progress of the talks. But any measures to save Greece from …- ….

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Feb 22

Big Bonuses For Union Workers-source- abcnews.com

Posted on February 22, 2012 by US Business Editor

From US Business News Source : abcnews.com

US Business News Excerpts from Newstweeters.com

Commentary: So, apparently bonuses are being paid to union workers. That’s cool, but what about for the rest of the workers? - excerpt below

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…. – At last: Bonuses for ordinary Joes, not Wall Street wheeler-dealers. Union workers at GM, Ford, Chrysler and Boeing are seeing bonus checks of up to $7,000 each. That money, …- ….

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Feb 22

China ups loan capacities by lowering reserve requirements- source- ft.com

Posted on February 22, 2012 by World Business Editor

From World Business Source : http://ft.com

World Business Excerpts from Newstweeters.com

Commentary: China is upping bank loan capacities by lowering reserve money holding requirements in order to stimulate its requirement. – excerpt below

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…. – Share With Friends: | | Business – Asia News , RSS and RSS Feed via Feedzilla. – ….

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Feb 22

Agreement expands movie selections in China- source- nytimes.com

Posted on February 22, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/businessnews4

Business Headlines News Tweets from Newstweeters.com

Commentary: China will now have a lot more movies for its giant population to watch, thanks to a new agreement. The majority of the movies will be fantasy based and 3D, versus real-life movies. – News Tweets

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…. -More 3-D, Less Reality in U.S.-China Movie Pact:… http://t.co/VWnWUeKm #Movies #China #Motion_Picture_Assn_of_America #BusinessNews #News – ….

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Feb 22

No jobs for those who served our country- source- sundial.csun.edu

Posted on February 22, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/Arddrive

Business Headlines News Tweets from Newstweeters.com

Commentary: Veterans are having a tough time finding work as around 300,000 of them are unemployed, despite Obama’s Vow to Hire Heroes Act that was created in October of last year. – News Tweets

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…. -Unemployment rates for veterans are higher than the national average: 11 report issued by the… http://t.co/N5yaOtJG #Unemployment rate- ….

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Feb 22

First State Department Global Business Conference to be held- source- state.gov

Posted on February 22, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/MechanicalOscar

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Commentary: The State Department Global Business Conference will take place on February 21st and run until the 22nd and will be hosted by Secretary of State Hilary Clinton. It is the first conference of its kind. – News Tweets

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…. -Secretary Clinton to Host 1st ever State Dept Global Business Conference http://t.co/Y8COUCVX #biz #economy – ….

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Feb 22

Blogger calls for rebirth of old act that worked in debt crisis- source- hg.scimth.net

Posted on February 22, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/mechasr1

Business Headlines News Tweets from Newstweeters.com

Commentary: The Glass-Steagall Act of 1933 was put into place to halt the Great Depression. A blogger thinks this same act may help revitalize the economy today. – News Tweets

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…. -How it came to be that Glass-Steagall was repealed and why it should be reinstated http://t.co/2S3DPtaB #econ #economy – ….

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Feb 21

China lowers bank reserve limits to stimulate economy- source- reuters.com

Posted on February 21, 2012 by World Business Editor

From World Business Source : http://www.reuters.com

World Business Excerpts from Newstweeters.com

Commentary: China is lowering the amount of money banks have to hold in an effort to stimulate its economy. – excerpt below

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…. – Al-Arabiya China acts to crank up credit as lending, economy slow Reuters The People’s Bank of China (PBOC) is on the course of gentle policy easing to cushion the…- ….

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Feb 21

Oil prices rise in response to Iran nixing oil sales- source- dailymail.co.uk

Posted on February 21, 2012 by World Business Editor

From World Business Source : http://www.dailymail.co.uk

World Business Excerpts from Newstweeters.com

Commentary: Brent oil prices shot up to $121.10 a barrel as Iran nixes oil sales. The price rise is the highest in roughly eight months. – excerpt below

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…. – The price of Brent today rose by $1.52 (95p) to reach $121.10 (£76.39) per barrel, the highest since mid-June, following Iran’s decision to cut off oil sales…- ….

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Feb 21

China sandbagging inflation numbers says analyst- source- money.cnn.com

Posted on February 21, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/Lt207

Business Headlines News Tweets from Newstweeters.com

Commentary: Jim Chanos, a Manhattan financial analyst, says China is intentionally skewing inflation percentages in its favor. Chanos believes China is neglecting to report all of its inflation, making the country appear to be in better shape than it is. – News Tweets

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…. -RT @ Tony_Blanc : Is #China faking its economic growth? http://t.co/4oNO5Sg4 #economy #economía #politics #política #money #dinero #business #negocios – ….

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Feb 21

Eurozone puts damper on Greece debt- source- bbc.co.uk

Posted on February 21, 2012 by Newstweet Editor

Business Headlines News Tweets from : http://twitter.com/vigarciatello

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Commentary: Eurozone is injecting $130 billion dollars to help Greece’s debt. Greece needs to pay back loans by March 20th to prevent bankruptcy. – News Tweets

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…. -Fresh bailout for Greece ‘agreed’ http://t.co/nFPoQWPC #economy – ….

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Feb 21

The Dow Is Near 13,000-source- abcnews.com

Posted on February 21, 2012 by US Business Editor

From US Business News Source : abcnews.com

US Business News Excerpts from Newstweeters.com

Commentary: The Dow has been soaring pretty high amidst speculation. Ups and downs have not stopped the rise of the Dow well past its high of 12,000. - excerpt below

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…. – Jeff Macke analyzes the morning business headlines. – ….

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Feb 21

New 50-Cent Stamp From USPS?

Posted on February 21, 2012 by US Business Editor

From US Business News Source : abcnews.com

US Business News Excerpts from Newstweeters.com

Commentary: The USPS might be adding a 50-cent stamp that would mean an increased rate in postal rates of 11 percent. – excerpt below

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…. – The 50-cent stamp would represent an 11 percent increase in postal rates. – ….

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