By Kate Holton Vodafone, the world's largest mobile phone group by sales, increased its full-year guidance on Tuesday due to favourable foreign exchange movements and said customers had continued to use mobiles during the downturn. The news, combined with Vodafone just beating its third-quarter revenue forecasts, sent shares in the group up over 6 percent higher. Vodafone also said it was making good progress with its wide-ranging cost-savings programme but said this would inevitably result in some job losses. The results were based on good performances from Germany,...
OECD wants stronger Chinese currency to help cool inflation, ease imbalances
Stockhouse
Stockhouse
BEIJING - China should let its currency rise to cool inflation and help ease economic distortions as it emerges from the global crisis, the Organization for Economic Co-operation and Development said Tuesday. The...
Success in raising money for Haiti is something to be proud of
Newsvine
Newsvine
When the going gets tough the tough do get going. So then why can't our government sell us bonds, to mature...
Time for Asian currencies to start "roaring"
New Straits/Business Times
New Straits/Business Times
2010/02/09 KUALA LUMPUR: It is about time for Asian currencies, especially the Chinese Yuan that has been pegged to the US Dollar, to start...
Americans are socking away more money --- really?
Newsvine
Newsvine
Consider this: With the U.S. still deep in a recession with the number of unemployed Americans (as of December) at 15.3 million, distressed mortgages and foreclosures continuing at high levels, credit card balances...
Money-fund assets drop, yields are flat
Seattle Times
Seattle Times
NEW YORK - Total money-market mutual-fund assets fell by $46.03 billion to $3.240 trillion for the week, the Investment Company Institute said this past Thursday. The seven-day average...
Office of the Comptroller of the Currency Supports Earned Income Tax Credit Awareness Day, January 29, 2010
PR Newswire
PR Newswire
WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- Comptroller of the Currency John C. Dugan today issued the following statement recognizing Earned Income Tax Credit (EITC) Awareness Day. EITC Awareness Day presents an...
Big ideas on how to save a little money
Chicago Sun-Times
Chicago Sun-Times
Elisabeth Leamy, widely known as the consumer correspondent on ABC's Good Morning America, wasn't always adept at managing her money. While in grad school at Northwestern University's Medill School of Journalism several...
Oklahoma City prepares budget cuts Money-saving proposals include furloughs, reducing pay, benefits
The Oklahoman
The Oklahoman
Departmental cuts of 12 percent, including layoffs, likely won't be enough to balance the coming Oklahoma City budget, city officials said Tuesday. Council members' first budget workshop for the 2010-11 fiscal year was...
Traders make record £5bn bets against euro as single currency falters amid debt crisis
The Daily Mail
The Daily Mail
New courthouse to be built with Broward tax money
The Examiner
The Examiner
(2/2/10) FT. LAUDERDALE, FL – County Commissioners voted 6-3 to have tax payers foot the bill for the construction of a new courthouse facility to replace the current main courthouse in downtown Fort Lauderdale....


