Archive for the ‘Business World’ Category

Eurozone service sector shrinks, raising recession fears

A new survey found that the eurozone’s service sector shrank in February raising fears of a looming recession in the 17-member nation region. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Odyssey Marine Exploration has to give shipwreck treasure back to Spain

A Florida deep-sea recovery company that found sunken treasure worth more than $ 500 million must return the booty to the Spanish government. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Odyssey Marine Exploration has to give shipwreck treasure back to Spain

A Florida deep-sea recovery company that found sunken treasure worth more than $ 500 million must return the booty to the Spanish government. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Fuji recalls women’s cruiser bicycles over fall hazard

The U.S. Consumer Product Safety Commission, in cooperation with Advanced Sports Inc. of Philadelphia, Wednesday announced a voluntary recall of Fuji Saratoga women’s bicycles. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. Article © AHN – All Rights Reserved Economy, [...]

SEC Warns Top Banker of Charges Over Magnetar Deal

According to the Wall Street Journal, the Securities and Exchange Commission has warned a top banker that it may bring civil charges against him for his role in creating a risky collateralized debt obligation, or CDO, that exploded spectacularly as the housing market crashed. It’s the first public evidence that the SEC is considering charges [...]

Taco Bell to launch new Dorito shells

Taco Bell will launch its newest creation, a taco with a shell made of nacho cheese Doritos, on March 8. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Clock ticking for Egypt’s finances

Egyptian unrest is not its only problem as time runs out on financial issues. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Diffa traders hit by Nigerian border closure

For generations, Diffa, the arid southeastern corner of Niger, has benefited from being closer to Nigeria than to commercial centres in Niger: Staple grains, fuel, clothing and other items at attractive prices have made their way across the border. But Nigeria’s latest export, Boko Haram militants, is less welcome: It has forced the authorities to [...]

Payroll-tax cut pact passes Congress

Congress Friday swiftly passed a deal to extend the payroll-tax cut through year-end, continue unemployment benefits and avoid a steep cut in Medicare doctors’ fee. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. affirms support for joint missile defense plan with Germany

The United States reiterated its commitment to the program, MEADS (Medium Extended Air Defense System) air defense system that is in the pipeline jointly with Italy and German according to the top U.S. defense official. Article © AHN – All Rights Reserved Economy, Business And Finance Stories