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Business News

Latest business news from around the World.

Fears of bias as BBC gets £141m in EU loans

Jonathan Oliver THE BBC last night faced accusations of pro-Brussels bias as it was revealed that the corporation had taken out £141m in “soft” loans from the European Union. The broadcaster has taken out three separate low interest loans from ...

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Labour Given Thousands By Scientology Charity

Jason BeattieThe Labour Party received thousands of pounds from an offshoot of Scientology, the Evening Standard reveals today. The decision to accept money from a charity linked to the controversial cult was taken at the highest level by members of ...

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The McDonalds Happy Meal Report Card

[Seminole County, Florida, is a hotbed of opposition to teaching evolution] AD AGE - “This is a good day for parents and children in Seminole County and anyone who believes that corporations should not prey on children in schools,” said ...

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CIA Corporate Spying

They’re leaving “the Company” to snoop on your company. How C.I.A. agents are pushing corporate espionage to ominous new extremes. Douglas Frantz Photograph by: Matt Hoyle In early September 2006, a vice president of Wal-Mart sent a highly personal email ...

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Energy rip-off exposed

Steven Swinford and Jon Ungoed-Thomas BRITAIN’S biggest energy companies have stifled competition to raise prices and make record profits of more than £4.5 billion, a Sunday Times investigation has found. The six companies that control Britain’s gas and electricity are ...

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Dollar Mixed As Wall Street Tumbles

Associated Press The dollar rose slightly against the euro and pound on Friday, benefiting from nervous currency investors withdrawing from risky “carry trades.” A slumping Wall Street, which fell more than 300 points on Friday, drove traders away from those ...

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First Air-Powered Car: Zero Emissions by Next Summer

By Matt Sullivan India’s largest automaker is set to start producing the world’s first commercial air-powered vehicle. The Air Car, developed by ex-Formula One engineer Guy Nègre for Luxembourg-based MDI, uses compressed air, as opposed to the gas-and-oxygen explosions of ...

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Sinking dollar alters the game in 2008

Templewest Almost every news network did a story in 2007 about foreigners coming to the states to shop and invest, even in real estate.  What compelled this behavior? Among the many troubles confounding Fed Chairman Ben Bernanke during this credit crisis is the ...

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