| HSBC must change its arrogant ways The king is dead. Long live the king. HSBC is poised to announce a new chairman but the bank has made a habit of ensuring such moments do not mark any deviation from its prevailing monarchical culture. telegraph.co.uk |
Dagong raps SEC denial, considers legal action SHANGHAI (MarketWatch) -- Chinese rating agency Dagong Global Credit Rating Co. called the Securities and Exchange Commission's recent denial of its application as an officially recognized bond rater in the U.S. discriminatory and said it considers taking legal action against the agency. feeds.marketwatch.com |
BSkyB first quarter profits jump, edges close to 10m subscriber target BSkyB, the satellite broadcaster, reported a 78pc rise in first-quarter net profits as the customers rose close to it 10m target. telegraph.co.uk |
LVMH closes in on 17pc stake in Hermes Luxury goods group finalising deal at a 50pc discount, in a move likely to increase talk of a sale of its champagne business to fund a full takeover. telegraph.co.uk |
Whirlpool 3Q profit falls as US demand falters By 2010-10-27T16:54:48ZBENTON HARBOR, Mich. (AP) -- Whirlpool Corp., the world's biggest appliance maker, said Wednesday that price competition pulled its third-quarter revenue and shipments down 3 percent in the U.S. and kept revenue nearly flat worldwide, compared with a year earlier.... hosted.ap.org |