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Pratt and Whitney expands legal dispute with Rolls-Royce with filing of patent complaints

(ChinaPost.com.tw) – Jet engine maker Pratt and Whitney is raising the stakes in a dispute with Rolls-Royce and seeks to stop shipments of engines for Boeing’s next passenger jetliner. Pratt and Whitney said Friday it filed patent-infringement complain…

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

Brazil to take ‘illegal’ EU poultry regulations to WTO for resolution of dispute: official

(ChinaPost.com.tw) – Brazil will ask the World Trade Organization to open a dispute panel over European Union poultry regulations it considers illegal, a senior government official told Reuters on Friday. “We’ve concluded that we have a strong case a…

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |
 

Microsoft CEO Ballmer sells US$1.3 billion in company shares to diversify investments

(ChinaPost.com.tw) – Microsoft Corp. CEO Steve Ballmer has recently sold about US$1.3-billion-worth of his company shares, the first time he’s done so in seven years. Ballmer confirmed the stock sales Friday and said they were made to diversify his inv…

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

Fannie Mae asks for additional US$2.5 billion in new gov’t aid

(ChinaPost.com.tw) – Government-controlled mortgage buyer Fannie Mae is asking for US$2.5 billion in additional federal aid after posting a narrower loss in the third quarter.

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |
 

Four more US banks fail, raising total number to 143 for 2010

(ChinaPost.com.tw) – Regulators have shut down four more U.S. banks, bringing the total of 2010 failures to 143. That tops the 140 shuttered last year and is the most in a year since the savings-and-loan crisis two decades ago.

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

US consumer borrowing posts rare gain in September on rise in student loans

(ChinaPost.com.tw) – Consumer borrowing in the U.S. increased in September for the first time since January even though the category that includes credit cards dropped for a record 25th straight month. The rise in credit came from the category that inc…

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

Fed not in the business of inflation: Bernanke

(ChinaPost.com.tw) – The U.S. Fed’s decision to pump hundreds of billions of dollars into the economy can improve growth without sparking inflation, Federal Reserve Chairman Ben Bernanke said Saturday.

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

Consumers will dodge rising commodity prices: Fed chair

(ChinaPost.com.tw) – U.S. Federal Reserve Chairman Ben Bernanke acknowledged Friday that emerging market growth had fueled commodity prices rises, but said most of the increases would not be passed on to U.S. consumers.

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

Capping interest ‘will drive borrowers to loan sharks’

Restricting the interest rates lenders can charge could drive vulnerable borrowers into the arms of illegal loan sharks, a trade body warns

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance |

Employee Equity: Restricted Stock And RSUs

For the past six weeks, we’ve been talking about employee equity on MBA Mondays. We’ve covered the basics, some specifics, and we’ve discussed the main form of employee equity which are stock options. Today we are going to talk about two other ways com…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance, Finance Blogs |

US jobless rate same despite growth

(ChinaPost.com.tw) – The jobs crisis eased just a bit last month as the American economy added 151,000 jobs, its best showing since April — yet still not enough to make a significant dent in unemployment.

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China |

A flaw in the Fed’s thinking?

It is good news that the New York Fed is engaged in a campaign to get key staffers to finally think about asset prices.The Alan Greenspan mantra that the market [...]

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance, Finance Blogs |

Where you can find me

You may have noticed that this blog has gone rather quiet while I work on my next book – sorry. The FT is going to mothball it, which seems reasonable.
So – thanks for following so far. If you’d like to keep going, here’s what to do:
Here i…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Economics, Finance |

Lend Lease faces investor revolt

INVESTORS plan to vote against incentive share allocations for chief executive Steve McCann at Lend Lease’s annual general meeting on Thursday.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Real Estate |

Funds to make a killing on Centro

VULTURE funds could make $83 million on their Centro investment if the shopping centre owner gets taken over by a Lend Lease consortium.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Real Estate |
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