STV News - Business http://news.stv.tv/business/ Latest news from Scotland's favourite news channel en-GB Copyright 2012, STV Group plc Thu, 23 Jun 2011 21:18:00 GMT http://blogs.law.harvard.edu/tech/feed 1440 Oracle hardware sales drop, shares fall http://news.stv.tv/business/259913-oracle-software-sales-beat-its-forecast/ BOSTON (Reuters) - Oracle Corp shares dropped 6.3 percent as investors were disappointed that its profit beat estimates by a narrower margin than in recent quarters.]]> http://news.stv.tv/business/259913-oracle-software-sales-beat-its-forecast/ Thu, 23 Jun 2011 21:18:00 GMT Higher U.S. jobless claims indicate weak labour market http://news.stv.tv/business/259766-us-jobless-claims-rise-more-than-expected/ WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, suggesting little improvement in the labour market this month after hiring stumbled badly in May.]]> http://news.stv.tv/business/259766-us-jobless-claims-rise-more-than-expected/ Thu, 23 Jun 2011 20:45:00 GMT Oil dives to 4-month low as emergency stocks unleashed http://news.stv.tv/business/259802-oil-tumbles-on-oil-stock-release-economic-gloom/ NEW YORK (Reuters) - Oil prices tumbled 6 percent on Thursday after the world's biggest consumers released emergency oil reserves for the third time ever, a surprise intervention to aid the struggling global economy.]]> http://news.stv.tv/business/259802-oil-tumbles-on-oil-stock-release-economic-gloom/ Thu, 23 Jun 2011 19:35:00 GMT Analysis - OPEC, IEA clash over oil reserves weapon http://news.stv.tv/business/259900-analysis-opec-iea-clash-over-oil-reserves-weapon/ LONDON (Reuters) - Consumer watchdog the International Energy Agency's emergency oil release is a desperate measure that threatens to undo two decades of cooperation with OPEC and could fail to calm prices.]]> http://news.stv.tv/business/259900-analysis-opec-iea-clash-over-oil-reserves-weapon/ Thu, 23 Jun 2011 18:50:00 GMT Glaxo to pay $41 million to U.S. states over drug plant http://news.stv.tv/business/259899-glaxo-to-pay-41-million-to-us-states-over-drug-plant/ NEW YORK (Reuters) - GlaxoSmithKline Plc will pay nearly $41 million (25.7 million pounds) to 37 U.S. states and the District of Columbia to settle allegations related to faulty drug manufacturing processes at a former factory in Puerto Rico.]]> http://news.stv.tv/business/259899-glaxo-to-pay-41-million-to-us-states-over-drug-plant/ Thu, 23 Jun 2011 18:48:00 GMT U.S. debt talks collapse, Republicans walk out over taxes http://news.stv.tv/business/259889-us-debt-talks-collapse-republicans-walk-out-over-taxes/ WASHINGTON (Reuters) - U.S. budget talks collapsed on Thursday after Republican negotiators walked out, throwing doubt on Washington's ability to reach a deal that would allow the government to keep borrowing and avoid a debt default.]]> http://news.stv.tv/business/259889-us-debt-talks-collapse-republicans-walk-out-over-taxes/ Thu, 23 Jun 2011 18:02:00 GMT G20 clinches first farm deal, dodges regulation http://news.stv.tv/business/259864-g20-clinches-first-farm-deal-dodges-regulation/ PARIS (Reuters) - G20 farm ministers agreed to tackle high food prices on Thursday in a deal that steered clear of divisive details on issues such as regulation, paving the way to more global cooperation on sensitive agricultural issues.]]> http://news.stv.tv/business/259864-g20-clinches-first-farm-deal-dodges-regulation/ Thu, 23 Jun 2011 17:30:00 GMT FTSE seen climbing through to mid-2012 - Reuters poll http://news.stv.tv/business/259856-ftse-seen-climbing-through-to-mid2012-reuters-poll/ LONDON, Jun (Reuters) - The top share index <.FTSE> is expected to rise 6.5 percent from now until year-end, and extend these gains by mid-2012, as investors focus on strong corporate balance sheets rather than economic uncertainty, a Reuters poll showed.]]> http://news.stv.tv/business/259856-ftse-seen-climbing-through-to-mid2012-reuters-poll/ Thu, 23 Jun 2011 16:42:00 GMT Airbus wins record $18 billion order from AirAsia http://news.stv.tv/business/259814-airbus-wins-record-18-billion-order-from-airasia/ LE BOURGET, France (Reuters) - Airbus has won a record-breaking order for 200 of its A320neo jets from AirAsia , capping a week where it has trounced rival Boeing in the fierce competition for plane contracts.]]> http://news.stv.tv/business/259814-airbus-wins-record-18-billion-order-from-airasia/ Thu, 23 Jun 2011 16:22:00 GMT Bank of Ireland raises 2 billion euros in debt swap http://news.stv.tv/business/259835-bank-of-ireland-raises-2-billion-euros-in-debt-swap/ DUBLIN (Reuters) - Bank of Ireland (BOI) raised nearly half of the 4.2 billion euros (3.7 billion pounds) of additional core Tier 1 capital it is required to find by end-July after 74 percent of its junior bondholders took part in an early debt swap offer.]]> http://news.stv.tv/business/259835-bank-of-ireland-raises-2-billion-euros-in-debt-swap/ Thu, 23 Jun 2011 15:34:00 GMT Barclays unit advises "stay the course" on equities http://news.stv.tv/business/259834-barclays-unit-advises-stay-the-course-on-equities/ NEW YORK (Reuters) - Barclays Capital on Thursday urged investors to "stay the course" with risky assets, arguing that a recent decline in sentiment may be overdone.]]> http://news.stv.tv/business/259834-barclays-unit-advises-stay-the-course-on-equities/ Thu, 23 Jun 2011 15:29:00 GMT FSA says RBS report will show regulatory deficiency http://news.stv.tv/business/259688-fsa-says-rbs-report-will-show-regulatory-deficiency/ LONDON (Reuters) - A report on Royal Bank of Scotland will be published this year and show regulators were "severely deficient" in how they supervised the troubled bank, the top market regulator said on Thursday.]]> http://news.stv.tv/business/259688-fsa-says-rbs-report-will-show-regulatory-deficiency/ Thu, 23 Jun 2011 15:19:00 GMT G20 agrees farm deal, soft on regulation http://news.stv.tv/business/259817-g20-agrees-farm-deal-soft-on-regulation/ PARIS (Reuters) - G20 farm ministers agreed measures on Thursday to tackle high food prices in a deal that steered clear of divisive details and paved the way to greater international cooperation on sensitive agricultural issues.]]> http://news.stv.tv/business/259817-g20-agrees-farm-deal-soft-on-regulation/ Thu, 23 Jun 2011 15:06:00 GMT European equity jitters weigh on bank earnings http://news.stv.tv/business/259791-european-equity-jitters-weigh-on-bank-earnings/ LONDON (Reuters) - Europe's debt crisis is set to take a hefty chunk out of revenues and profit at the region's investment banks in the second quarter, triggering a fierce fight to secure a place at the top of league tables.]]> http://news.stv.tv/business/259791-european-equity-jitters-weigh-on-bank-earnings/ Thu, 23 Jun 2011 13:34:00 GMT Cameron has assurances to stay out of Greece aid http://news.stv.tv/business/259749-cameron-against-using-efsm-for-greece/ Cameron said during a visit to Prague that the European Financial Stability Mechanism, a facility funded by all EU members, should not be used for new loans to Greece, reiterating Britain's stance before an EU summit starting later on Thursday.]]> http://news.stv.tv/business/259749-cameron-against-using-efsm-for-greece/ Thu, 23 Jun 2011 12:23:00 GMT Analysis - Brent oil supply woes undermine futures strength http://news.stv.tv/business/259754-analysis-brent-oil-supply-woes-undermine-futures-strength/ LONDON (Reuters) - Brent's growing momentum as a global oil price benchmark sits at odds with problems frustrating dealers in the opaque physical market that underpins the millions of barrels of daily Brent futures trade.]]> http://news.stv.tv/business/259754-analysis-brent-oil-supply-woes-undermine-futures-strength/ Thu, 23 Jun 2011 12:08:00 GMT Irish Q1 rebound masks domestic gloom http://news.stv.tv/business/259742-irish-q1-rebound-masks-domestic-gloom/ DUBLIN (Reuters) - Ireland's economy rebounded sharply in the first quarter as strong exports and profits from Irish-based multinationals compensated for flagging consumer demand in one of the countries worst hit in the euro zone's debt crisis.]]> http://news.stv.tv/business/259742-irish-q1-rebound-masks-domestic-gloom/ Thu, 23 Jun 2011 11:37:00 GMT Ladbrokes makes approach for Sportingbet http://news.stv.tv/business/259693-ladbrokes-makes-approach-for-sportingbet/ LONDON (Reuters) - Bookmaker Ladbrokes on Thursday confirmed it had made an approach for Sportingbet, sending shares in its smaller rival up 13 percent.]]> http://news.stv.tv/business/259693-ladbrokes-makes-approach-for-sportingbet/ Thu, 23 Jun 2011 11:34:00 GMT G20 agree farm deal, soft on regulation http://news.stv.tv/business/259733-g20-close-to-farm-deal-seen-mild-on-regulation/ PARIS (Reuters) - G20 farm ministers settled a deal on Thursday to tackle high food prices, agreeing to a watered-down declaration that fell short of France's ambitious proposals to tighten regulation of commodity markets.]]> http://news.stv.tv/business/259733-g20-close-to-farm-deal-seen-mild-on-regulation/ Thu, 23 Jun 2011 11:22:00 GMT FIS confirms offer approach for Misys http://news.stv.tv/business/259699-fis-confirms-offer-approach-for-misys/ confirmed it made an offer approach for financial software company Misys Plc .
"FIS notes the announcement made by Misys on 21 June 2011 and confirms that it has made a preliminary approach regarding a possible cash offer for Misys," the company said in a statement on Thursday.]]> http://news.stv.tv/business/259699-fis-confirms-offer-approach-for-misys/ Thu, 23 Jun 2011 09:34:00 GMT