Financial news on August 28, 2010
Business and Financial news
Andorra has relied on banking secrecy, tourism and duty-free trade. But lately, those engines of growth have begun to backfire, forcing the small European country to find new sources of revenue. Read more..
Shares rose after the latest revision in the second-quarter growth came in slightly better than expected, but the market still posted a losing week. Read more..
A leftover X and O from Thursday’s puzzle appear in today’s byline. Read more..
What kind of run is it? Read more..
More workers are being urged to enroll in plans linked to health savings accounts. Some new rules, however, could be deterrents. Read more..
Japan’s policy makers are struggling over ways to put a cap on the yen, which hit a 15-year high against the dollar this week. Read more..
Permanent reductions in government deficits and public spending are needed to reduce borrowing costs and stimulate private demand, the European Bank president said. Read more..
A trucking group said Friday that it planned to appeal a ruling that allows the Port of Los Angeles to enforce antismog rules on trucks that enter the port. Read more..
With a Justice Department review finished, the airlines expect to complete their $3 billion merger within weeks. Read more..
The new figure, down sharply from an initial estimate of 2.4 percent, was a clear signal that growth had slowed to a crawl. Read more..