Financial news on November 23, 2006

Business and Financial news
Armed With Internet Bargains, Travelers Battle High Airfares

Balking at ticket prices that have increased 15 percent this year, travelers are aggressively scouring the Internet for cheaper fares. Read more..

By JEFF BAILEY - The New York Times

Delay Details Hard to Obtain

The Transportation Department’s inspector general said airlines still did not provide timely or accurate information to passengers about delays. Read more..

By JEFF BAILEY - The New York Times

Games, Video and Peace in the Back Seat

This holiday season there are dozens of DVD players with rechargeable batteries and headphone jacks. The Coby V.Zon TF-DVD 560 adds Sega games to the mix. Read more..


Google Shortcuts for Quick Searches

Google can recognize certain types of numbers and codes typed into its search box and save you a step in your quest. Read more..

By J. D. BIERSDORFER - The New York Times

I.B.M. Agrees to Pay $65 Million to Settle Dispute on Overtime

I.B.M. agreed to pay $65 million to settle accusations that it illegally denied overtime compensation to thousands of workers. Read more..

By BLOOMBERG NEWS - The New York Times

Private Equity Venture Struggles to Navigate European Disdain

The Texas Pacific Group is demonstrating how private equity financiers have become catalysts in reshaping business in Europe. Read more..

By JOHN TAGLIABUE - The New York Times

Slim, Fast and Well Connected

The Samsung BlackJack uses Cingular’s high-speed data network to download Web pages and e-mail at D.S.L. speeds. Read more..

By JOHN BIGGS - The New York Times

South Korea: Bank Reserves Increased

The central bank ordered banks in the country to increase reserves for the first time in 17 years to rein in household debt and help curb a surge in property prices. The Bank of Korea raised the required reserve ratio on demand deposits to 7 perce... Read more..

By BLOOMBERG NEWS - The New York Times

Taiwan: Cellphone Maker Is Sold

Jabil Circuit Inc., a maker of cellphones for Nokia, agreed to buy Green Point Enterprises in Taiwan for about $881 million. Jabil will gain a maker of plastic casings for mobile phones and battery packs with 30,000 employees and nine factories in... Read more..

By BLOOMBERG NEWS - The New York Times

When Beige Won’t Do

Computers long ago ceased to be simply tools. Instead, like digital music players and digital cameras, they are coming to reflect people’s tastes and aspirations. Read more..

By MICHEL MARRIOTT - The New York Times

Exchange Rates of November 23, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116.280 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.142 CAD1 CAD = 0.876 USD
US DollarSwiss Franc1 USD = 1.224 CHF1 CHF = 0.817 USD
US DollarChinese Yuan1 USD = 7.861 CNY1 CNY = 0.127 USD
EuroJapanese Yen1 EUR = 150.550 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.676 GBP1 GBP = 1.480 EUR
EuroAustralian Dollar1 EUR = 1.673 AUD1 AUD = 0.598 EUR
EuroCanadian Dollar1 EUR = 1.478 CAD1 CAD = 0.676 EUR
EuroSwiss Franc1 EUR = 1.585 CHF1 CHF = 0.631 EUR
Japanese YenPound Sterling1 JPY = 0.449 GBP1 GBP = 2.229 JPY
Japanese YenAustralian Dollar1 JPY = 1.111 AUD1 AUD = 0.900 JPY
Japanese YenCanadian Dollar1 JPY = 0.982 CAD1 CAD = 1.019 JPY
Japanese YenSwiss Franc1 JPY = 1.053 CHF1 CHF = 0.950 JPY
Pound SterlingAustralian Dollar1 GBP = 2.476 AUD1 AUD = 0.404 GBP
Pound SterlingCanadian Dollar1 GBP = 2.188 CAD1 CAD = 0.457 GBP
Pound SterlingSwiss Franc1 GBP = 2.345 CHF1 CHF = 0.426 GBP
Australian DollarCanadian Dollar1 AUD = 0.883 CAD1 CAD = 1.133 AUD
Australian DollarSwiss Franc1 AUD = 0.947 CHF1 CHF = 1.056 AUD
Canadian DollarSwiss Franc1 CAD = 1.072 CHF1 CHF = 0.933 CAD

See what else happened on November 23, 2006