http://www.earthtimes.org The Earth Times online newspaper, serving the planet with business news that matters en-us PHP/4.4.4 http://www.earthtimes.org/articles/show/295896,hungarian-national-bank-lowers-base-rate-from-7-to-65.html Budapest - The Hungarian National Bank lowered its benchmark base rate by 50 basis point to 6.5 per cent, the governor Andras Simor told reporters on Monday, after a meeting of the bank's monetary policy council. The central bank issued a statement c... Business Mon, 23 Nov 2009 14:40:16 GMT http://www.earthtimes.org/articles/show/295896,hungarian-national-bank-lowers-base-rate-from-7-to-65.html http://www.earthtimes.org/articles/show/295894,report-ikea-turns-healthy-pre-tax-profit-over-past-decade.html Stockholm - Swedish furniture retail giant Ikea during the past decade has turned a healthy pre-tax profit of 200 billion kronor (28.8 billion dollars), a Swedish business daily reported Monday. As Ikea is not a listed company and only discloses it s... Business Mon, 23 Nov 2009 14:34:23 GMT http://www.earthtimes.org/articles/show/295894,report-ikea-turns-healthy-pre-tax-profit-over-past-decade.html http://www.earthtimes.org/articles/show/295867,spanish-tourism-declines-9-per-cent-due-to-economic-crisis.html Madrid - The number of foreign tourists visiting Spain declined by 9.3 per cent to 46.7 million visitors in the first 10 months of this year, according to official figures released Monday. Tourism had been expected to shrink by about 10 per cent this... Business Mon, 23 Nov 2009 12:22:17 GMT http://www.earthtimes.org/articles/show/295867,spanish-tourism-declines-9-per-cent-due-to-economic-crisis.html http://www.earthtimes.org/articles/show/295863,daewoo-construction-unit-up-for-sale.html Seoul - South Korea's Kumho Asiana conglomerate said Monday it has settled on Abu Dhabi's Jabex Partners Co and TR America Consortium as preferred bidders for a majority stake in its construction unit, Daewoo Engineering & Construction Co. Kumho Asia... Business Mon, 23 Nov 2009 11:52:15 GMT http://www.earthtimes.org/articles/show/295863,daewoo-construction-unit-up-for-sale.html http://www.earthtimes.org/articles/show/295858,oecd-economies-expanded-modestly-in-third-quarter.html Paris - The collective gross domestic product (GDP) of Organization for Economic Cooperation and Development (OECD) members rose by 0.8 per cent in the third quarter of 2009 compared to the previous quarter, the organization said Monday. That follows... Business Mon, 23 Nov 2009 11:22:12 GMT http://www.earthtimes.org/articles/show/295858,oecd-economies-expanded-modestly-in-third-quarter.html http://www.earthtimes.org/articles/show/295853,eads-insider-trading-case-comes-before-french-market-regulator.html Paris - The most high-profile cases of insider trading in Europe of recent years entered a crucial phase Monday when 17 current and former executives of aerospace giant EADS and its subsidiary Airbus began testifying before a French market watchdog. ... Business Mon, 23 Nov 2009 10:40:13 GMT http://www.earthtimes.org/articles/show/295853,eads-insider-trading-case-comes-before-french-market-regulator.html http://www.earthtimes.org/articles/show/295818,thai-activists-demand-pull-out-from-myanmar-dam-project.html Bangkok - Thai civil society leaders representing 189 organizations demanded Monday the government withdraw from the controversial Hutgyi dam project in Myanmar or face dire consequences. The group delivered a letter to Prime Minister Abhisit Vejjaji... Business Mon, 23 Nov 2009 06:40:12 GMT http://www.earthtimes.org/articles/show/295818,thai-activists-demand-pull-out-from-myanmar-dam-project.html http://www.earthtimes.org/articles/show/295811,us-economists-jobless-recovery-to-reach-bottom-at-start-of-2010.html Washington - The US economy will start adding jobs some time in the first quarter of 2010, ending a so-called jobless recovery that has plagued the world's largest economy since the summer months, according to a survey released Monday. But the Nati... US,Business Mon, 23 Nov 2009 05:04:13 GMT http://www.earthtimes.org/articles/show/295811,us-economists-jobless-recovery-to-reach-bottom-at-start-of-2010.html http://www.earthtimes.org/articles/show/295810,taiwans-tourist-figures-up-due-to-influx-of-chinese-visitors.html Taipei - Taiwan's visitor figures rose 11.65 per cent in the first 10 months this year, boosted by the influx of Chinese tourists, the Tourism Bureau said Monday. Between January and October, Taiwan received 3.5 million visitors, the Tourism Bureau s... Business Mon, 23 Nov 2009 04:46:18 GMT http://www.earthtimes.org/articles/show/295810,taiwans-tourist-figures-up-due-to-influx-of-chinese-visitors.html http://www.earthtimes.org/articles/show/295764,iraq-oil-exports-at-582-million-barrels-in-october.html Baghdad - Iraq crude oil exports reached 58.2 million barrels in October this year, generating 4.19 billion dollars in revenue, the Oil Ministry said Sunday. Daily oil production dropped slightly in to an average of about 1.85 million barrels a day, ... Business Sun, 22 Nov 2009 15:22:17 GMT http://www.earthtimes.org/articles/show/295764,iraq-oil-exports-at-582-million-barrels-in-october.html http://www.earthtimes.org/articles/show/295695,hershey-nestle-sweeten-war-for-cadbury.html Washington - Hershey and Nestle are expected to jump into the war over Cadbury sweets, media reports said Saturday, just weeks after the British-based stalwart rejected a hostile bid by US Kraft Inc. The growing market for chocolate in the developing... US,Business Sat, 21 Nov 2009 22:58:12 GMT http://www.earthtimes.org/articles/show/295695,hershey-nestle-sweeten-war-for-cadbury.html http://www.earthtimes.org/articles/show/295686,report-germans-in-turmoil-over-opel-aid-as-neighbours-offer-cash.html Berlin - The new German coalition government led by Chancellor Angela Merkel is in turmoil over the issue of state aid for Opel, while other EU states with Opel factories have pledged more than a billion euros (1.49 billion dollars), a magazine repor... Business Sat, 21 Nov 2009 17:40:21 GMT http://www.earthtimes.org/articles/show/295686,report-germans-in-turmoil-over-opel-aid-as-neighbours-offer-cash.html http://www.earthtimes.org/articles/show/295679,thousands-of-spanish-farmers-protest-for-higher-prices.html Madrid - Tens of thousands of farmers demonstrated in the Spanish capital of Madrid on Saturday for higher prices for their produce, claiming that farming in the country was no longer profitable. According to the state broadcaster RNE, more than 100,... Business Sat, 21 Nov 2009 14:52:20 GMT http://www.earthtimes.org/articles/show/295679,thousands-of-spanish-farmers-protest-for-higher-prices.html http://www.earthtimes.org/articles/show/295632,us-stock-drop-slightly-on-dell-profits-mixed-for-week.html New York - Technology and energy shares pushed US stocks lower Friday, capping a mixed week for investors amid unease about the pace of the world's economic recovery. Tech stocks slid after a disappointing earnings report from computer giant Dell, wh... US,Business Fri, 20 Nov 2009 22:16:14 GMT http://www.earthtimes.org/articles/show/295632,us-stock-drop-slightly-on-dell-profits-mixed-for-week.html http://www.earthtimes.org/articles/show/295628,metal-prices-from-london-commodities-exchange-20-november-2009.html London - Final prices in dollars per ton - cash and forward. Also given are the previous trading day's quotations.cash                     forward Copper  6,776.50 ( 6,753.00)     6,802.50 ( 6,781.00) Lead      2,313.50 ( 2,324.50)   2,337.50 ( 2,347... UK,Business Fri, 20 Nov 2009 19:10:22 GMT http://www.earthtimes.org/articles/show/295628,metal-prices-from-london-commodities-exchange-20-november-2009.html http://www.earthtimes.org/articles/show/295625,gm-opel-restructuring-plan-by-mid-december-cuts-up-to-25.html Washington - US carmaker General Motors will present a new restructuring plan for its European operations by mid-December, Nick Reilly, the new head of GM Europe, wrote on his new blog Friday. While the details were still being hashed out, Reilly war... US,Business Fri, 20 Nov 2009 18:52:18 GMT http://www.earthtimes.org/articles/show/295625,gm-opel-restructuring-plan-by-mid-december-cuts-up-to-25.html http://www.earthtimes.org/articles/show/295624,porsche-board-agrees-to-vw-tie-up--summary.html Berlin - Luxury German sports carmaker Porsche said Friday its board had agreed to the group's planned integration into Volkswagen AG, Europe's biggest auto manufacturer. The decision by the Porsche supervisory board came after German-based VW's supe... Business Fri, 20 Nov 2009 18:46:17 GMT http://www.earthtimes.org/articles/show/295624,porsche-board-agrees-to-vw-tie-up--summary.html http://www.earthtimes.org/articles/show/295622,frankfurt-stock-exchange-quotations-20-november-2009.html Frankfurt - Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: ... Business Fri, 20 Nov 2009 17:40:20 GMT http://www.earthtimes.org/articles/show/295622,frankfurt-stock-exchange-quotations-20-november-2009.html http://www.earthtimes.org/articles/show/295579,arab-stocks-lacklustre-ahead-of-muslim-festivities.html Amman - Most of Arab stock markets extended losses this week ahead of Eid al-Adha festivities due to start on November 27, financial analysts said Friday. They also attributed the plunge to declines on global markets, the foggy picture surrounding th... Business Fri, 20 Nov 2009 12:16:20 GMT http://www.earthtimes.org/articles/show/295579,arab-stocks-lacklustre-ahead-of-muslim-festivities.html http://www.earthtimes.org/articles/show/295575,indias-suzlon-sells-stake-in-belgian-firm-hansen.html New Delhi - Suzlon Energy, India's biggest wind-turbine maker Friday said it has sold a 35-per-cent stake in Belgian wind gearbox maker Hansen for 370 million dollars. Suzlon through its Netherlands-based subsidiary AE-Rotor Holding BV sold 236 milli... India,Business Fri, 20 Nov 2009 11:16:25 GMT http://www.earthtimes.org/articles/show/295575,indias-suzlon-sells-stake-in-belgian-firm-hansen.html