Toronto Telegraph
TorontoTelegraph.com Sunday 5th February 2012 Volume 2012/0501
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Treatment of London bank executives under fireTreatment of London bank executives under fire
The continuing row over bonuses is damaging Britain's reputation as a place to do business, leading international bankers have warned.

Ministers have been accused of trying to gain public favour...


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Housing construction in India to rocket over next few yearsHousing construction in India to rocket over next few years
Over 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on...
Plug pulled on Iranian oil exportsPlug pulled on Iranian oil exports
Iran will stop its oil exports to Europe, Oil Minister Rostam Qasemi said Saturday.

The development comes after the European Union endorsed the measures adopted by the foreign ministers of the...
Sharon Osbourne faces lawsuit over jewels dealSharon Osbourne faces lawsuit over jewels deal
Sharon Osbourne has been sued by a design company which has accused the reality TV star of breaching a jewellery deal by pulling out at the last minute.

Lucas Design International executives...
Imogen Thomas dresses down for shopping
Imogen Thomas was spotted in a dressed down look for her trip to Tesco in North London on Thursday - a far cry from her glamorous appearance at a party the night before.

The 29-year-old glamour...
Egypt Protesters, Police Clash After Deadly Soccer Violence
Feb. 3 (Bloomberg) -- Egyptian police used tear gas to disperse protesters in Cairo and two people were reported killed in Suez as unrest persisted following violence at a soccer match this week that...
Euro Drops as Greek Debt Stalemate Increases Crisis Concern
Feb. 4 (Bloomberg) -- The euro fell against the yen, dropping from a one-month high, as an unresolved Greek debt-swap agreement with private bondholders added to concern the region’s fiscal...
U.S. Stocks Rise a Fifth Week on Employment, Manufacturing Data
Feb. 4 (Bloomberg) -- U.S. stocks rose, giving the Standard & Poor’s 500 Index a fifth straight weekly advance, after reports showed employment in the world’s largest economy topped...
Boeing checks 787s for carbon fiber delamination
Boeing is not releasing many details about the problem or inspections. In a statement, Boeing said it "..has found that incorrect shimming was performed on support structure on the aft fuselage...
European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains
Feb. 4 (Bloomberg) -- European stocks posted the biggest weekly gain this year, sending the Stoxx Europe 600 Index to its highest level in six months, as manufacturing increased globally and the U.S....
FX Weekly Report : US employment data highlights upside
Although the Euro closed just -0.5% against the US Dollar this past week, any upside momentum in the pair stalled in the run up to 1.3250 levels. With the Greek debt-swap talks dragging onto next...
Boeing Inspects 787 Dreamliner for Possible Repairs
Boeing is not releasing many details about the problem or inspections. In a statement, Boeing said it "..has found that incorrect shimming was performed on support structure on the aft fuselage...
Romney Wins Nevada Caucuses While Gingrich Pledges to Press On
Feb. 5 (Bloomberg) -- Mitt Romney won yesterday’s Nevada caucuses, solidifying his status as the front-runner for the Republican presidential nomination and giving him fresh momentum before a...
Trade Gap Probably Widened as Imports Grew: U.S. Economy Preview
Feb. 5 (Bloomberg) -- The trade deficit in the U.S. probably widened in December to a six-month high as imports climbed faster than exports, economists said a report this week will...
China’s Economy May Face ‘Rough’ Landing, Singapore’s Lee Says
Feb. 5 (Bloomberg) -- China’s economy may be headed for a "rough landing," Singapore Prime Minister Lee Hsien Loong...
Apple stock sale is rotten
Dear John: I had placed an order to sell 50 shares of Apple stock on the day the company was recently reporting quarterly earnings. My order was "good-til-canceled," or GTC, as they say in...
Saving by waving your phone
TECH CORNER If you’re looking to save your own money or that of your employer when you buy a business lunch, a cup of coffee with a client or even travel purchases, you might consider using...
Fed judge throws fit at Baum
Finally, someone has forced New York’s foreclosure king to say he’s sorry.The stunning apology was delivered by Steven J. Baum’s attorney, Vincent Doyle, in a Poughkeepsie courtroom...
No soft SOPA, they play hardball
Now that the tech industry’s nerds have gotten their revenge against Hollywood’s bid to pass anti-piracy legislation, don’t look for a sequel in 2012.Congress scuttled consideration...
Big screen on warranty
If you are one of the many who purchased big-screen TVs to watch today’s Super Bowl, two things are almost certain: You got a deep discount on the set, and the dealer tried to boost his profit...
Numbers tell two sides of employment story
The good news for millions of out-of-work Americans: Job prospects are improving, with the unemployment rate showing a surprise drop to a three-year low of 8.3 percent.The bad news: Many job-seekers...
Mitt Romney Rolls to Easy Win In the Nevada GOP Caucuses
Republican front-runner Mitt Romney cruised to victory in the Nevada caucuses Saturday night, notching a second straight triumph over a field of presidential rivals suddenly struggling to keep pace. ...
Romney Wins Republican Caucuses in Nevada, Networks Project
Feb. 4 (Bloomberg) -- Mitt Romney won today’s Nevada Republican presidential caucuses, television networks projected, giving a third victory in the nomination contest that further solidifyied...
Europe crisis: Global factors keep stock markets volatile
stock markets . And uncertainty is something that market participants dislike intensely. It makes them jittery. They then end up trading on every headline, be it good news or bad news, causing...
Earnings Preview: Dun & Bradstreet - Analyst Blog
DNB ) is scheduled to release its fiscal fourth quarter results on February 6, 2011 after the closing bell. We do not notice any changes in analyst estimates ahead of the earnings release. ...
Upbeat jobs news brings smiles to some workers
Java Coleman was transferred to Ohio last year after Nestle decided to shutter its health care products plant in St. Louis Park, displacing more than 200 workers. It was a tough transition: Coleman...
Future of health care: Comparison shopping
Jim Welna is still haunted by the employee who turned down his offer to help pay for health insurance. The worker was 30 and seemingly healthy. He preferred to use his spare dollars to help family in...
Minnesota firms pivot in face of Thai floods
Last year's flooding in Thailand was a mammoth natural disaster. And now, because a vital segment of the electronics industry clustered in a Thai flood zone more than two decades ago, the Twin...
3M execs are cutting costs, but flying high
From early retirement packages to cutbacks in hiring, 3M Co. says it is constantly looking for ways to lower its costs. But at least one expense is being spared the scalpel: its fleet of corporate...
Another financial setback for Curtis Carlson Nelson
Curtis Carlson Nelson, grandson of a Minnesota business legend, is prepared to acknowledge that he'll spend his foreseeable future under mounds of debt that he likely will never repay. Nelson,...
Basic instinct behind many consumer choices
It's the oldest trick in advertising's toolbox. If you want to sell a car, television or power tool to a man, drop an attractive woman into the ad. Vladas Griskevicius can't say for...
Inside Track: Carlson School eyes two U alumni
A deputy dean of the London School of Economics is one of the four finalists competing to be the next dean of the Carlson School of Management at the University of Minnesota. Randall S. Peterson...
Navigating IRA rules can involve a little math
QI am about to turn 70. My spouse is younger than me. We both have IRAs that we are trying to leave alone as much as possible. I realize I need to begin withdrawing from my IRA by the end of this...
Wanted: Banking app to monitor balances
Banks use various methods to calculate average bank balances, which figure in whether consumers get charged a checking account fee, but all of those methods keep consumers in the dark. (Robert...
What analysts are saying: J.C. Penney's makeover
J.C. Penney Co.'s new CEO Ron Johnson, a former executive at Target and Apple, announced long-term plans to completely redo the company's 1,100 stores across the country. Johnson and the...
Clock ticks on Greece's bailout deadline
Greece on Saturday warned it had just one day left to clinch the bailout plan with political leaders and impatient lenders who accuse it of dragging its feet on promised...
Micron appoints Durcan CEO after Appleton's death
1 of 2. Micron Technology Inc. COO Mark Durcan listens to a question during the Reuters Technology Summit in San Francisco, California May 17,...
General Electric to invest in Kenya’s infrastructure sector
US infrastructure firm, General Electric, has signed an agreement with the government to modernise Kenya's transport, health and aviation...
Unilever boss defends scrapping of 'unjustified' final salary pension scheme
The chief of the world's second-biggest consumer goods company has defended his position on scrapping the firm's final salary pension...
City's bars and retailers gear up for the bonus season
"We still do well in February - it's bonus season," says Holly Midwinter-Porter of Boodles, an upmarket jeweller opposite the Bank of England in the heart of the City of London.Stephen...
Even the bankers are saying it: this might be the end for big bonuses
Some of this year's payouts will be as startling as ever, but as anger over rewards in the financial sector explodes across front pages, attitudes are shifting even in the...
Is it time to leave Facebook?
I could blame it on the launch of Timeline (Facebook's now mandatory reboot of users' profile pages) or the forthcoming mega-IPO. Or even claim I was taking some high-minded stance (a...
Seedcamp London: the other Dragons' Den
For technology entrepreneurs, Seedcamp is an opportunity to acquire investment for their fledgling companies. But what makes the money men want to sponsor...
Reckitt used to clean up. But those days might be over
Reckitt Benckiser when it reveals its full-year numbers. The rather anonymous business behind under-the-sink brand names like Cillit Bang, Finish, Dettol and Vanish may not be the most glamorous...
Three reasons to avoid the Facebook flotation
Whether or not the social network achieves a $100bn valuation, a glance at the flotation prospectus should convince right-thinking investors to steer...
Has The Daily got off its launch pad?
year after its (Rupert-visionary) launch, it's natural to look again at The Daily , Murdoch's non-newsprint newspaper on an iPad or Android tablet near you. How's it doing? 100,000...
Leveson inquiry needs a lesson in press regulation history
The only advantage of being 10 years older than Lord Justice Leveson is that you can remember, first hand, why some of the things that mystify him came to pass. Bits of history, in short: the bits...
Eurogroup's Juncker Warns of Possible Greek Default
The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on...