Directory

msnbc.com: World business

Msnbc.com is a leader in breaking news and original journalism.

BP's new CEO: Gulf spill was a wake-up call

Tue, 27 Jul 2010 17:17:22 GMT

The American who will take over as head of BP says he's not underestimating the nature and complexity of what the company must do to restore its reputation.

Tony Hayward - BP - Chief executive officer - Oil spill - Gulf of Mexico

Bud says it got boost out of World Cup deal

Wed, 21 Jul 2010 21:53:04 GMT

The King of Beers is closer to becoming the Coke of beers.

Coca-Cola - Sports - Soccer - Competitions - Soft drink

New York and Ohio want to lead BP lawsuits

Wed, 21 Jul 2010 16:25:59 GMT

New York and Ohio have asked a federal judge to appoint them lead plaintiffs to handle shareholder class-action lawsuits against BP over the Gulf of Mexico oil spill.

Class action - New York - Gulf of Mexico - New York City - Lawsuit

Seven of 91 banks fail European stress tests

Fri, 23 Jul 2010 19:39:41 GMT

Seven of 91 European banks failed stress tests aimed at measuring their strength in case the continent's government debt crisis takes a turn for the worse, regulators said Friday.

Stress - Mental Health - Health - Business - Support Groups

Fund manager goes on $1 billion cocoa binge

Mon, 19 Jul 2010 20:14:37 GMT

Anthony Ward, co-founder of the Armajaro hedge fund, bought 240,100 tons of cocoa beans for $1 billion.

Hedge fund - Business - Anthony Ward - Chocolate - Investing

Zero-percent unemployment Cuba's labor strife

Sun, 18 Jul 2010 21:04:51 GMT

Here, nearly everyone works for the state and official unemployment is minuscule, but pay is so low that Cubans like to joke that "the state pretends to pay us and we pretend to work."

Cuba - Caribbean - Work - Unemployment - Cubans

Hayward will have few duties in new job

Tue, 27 Jul 2010 19:49:30 GMT

Tony Hayward is poised to move to a new job as a non-executive board member with few direct responsibilities at BP PLC's Russia venture, TNK-BP.

Tony Hayward - BP - TNK-BP - Russia - Business

Ryanair boss in humbling apology to rival

Fri, 16 Jul 2010 14:12:12 GMT

Irish budget airline Ryanair said Thursday it has agreed to pay libel damages to the founder of rival carrier easyJet for falsely accusing him of suppressing reports about the company's performance.

Ryanair - Airline - Low-cost carrier - EasyJet Switzerland - Stelios Haji-Ioannou

New BP chief: Priority is plugging well for good

Tue, 27 Jul 2010 15:24:21 GMT

The newly-named CEO of BP said Tuesday morning his top priority at BP is sealing its blown oil well for good and cleaning and restoring the Gulf of Mexico.

BP - Mexico - Gulf of Mexico - Oil well - United States

Irish test limits of austerity to mend deficit

Tue, 13 Jul 2010 18:05:19 GMT

For two long years, the Irish have suffered through harsh government cutbacks and tax increases that have taken a fat chunk out of their take-home pay â?? painful medicine to avoid national bankruptcy.

Government - Ethnicity - Celtic - Medicine - Irish

BP denies CEO to resign in coming months

Wed, 21 Jul 2010 12:04:49 GMT

BP denied a report its embattled chief executive would leave soon, as it lined up $7 billion in asset sales to help pay for the worst oil spill in U.S. history, lifting its shares on Wednesday.

BP - The Times - England - London - Tony Hayward

Moody's downgrades Portugal debt rating

Tue, 13 Jul 2010 13:43:53 GMT

Moody's credit rating agency downgraded Portugal's bonds on Tuesday, casting fresh doubt on the country's ability to weather its debt crisis as the economy weakens.

Moody - Portugal - Credit rating - Credit rating agency - Business

Panasonic buying units in bid to go greener

Thu, 29 Jul 2010 13:06:30 GMT

Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works to strengthen green businesses.

Sanyo - Panasonic Corporation - Business - Technology - Energy

IOC OK with BP sponsoring 2012 Games

Fri, 16 Jul 2010 21:36:28 GMT

President Jacques Rogge said Friday that the International Olympic Committee has had lengthy discussions with London organizers about BP's sponsorship of the 2012 Summer Games, and the IOC is OK with the deal if the company takes the proper corrective measures after the massive oil spill in the Gulf of Mexico.

International Olympic Committee - Jacques Rogge - Gulf of Mexico - 2012 Summer Olympics - Oil spill

Miss. native set to replace gaffe-prone BP CEO

Tue, 27 Jul 2010 10:55:52 GMT

Bob Dudley's sudden rise to the top at BP PLC shows how the Gulf oil spill has dramatically changed the fortunes of people from local fishermen to corporate executives.

Oil spill - BP - Gulf Oil - Business - Environment

Trader Joe's owner dies at 88

Wed, 28 Jul 2010 17:24:26 GMT

German discount supermarket chain Aldi says Theo Albrecht, its co-founder and considered one of the country's richest men, has died. He was 88.

Theo Albrecht - Aldi - Trader Joe - Business - Retail

Toyota subpoenaed by U.S. over steering issues

Tue, 20 Jul 2010 20:54:27 GMT

A federal grand jury in New York has subpoenaed Toyota's U.S. subsidiaries for documents related to problems with rods that connect a vehicle's steering to its front wheels.

Toyota - United States - New York - Grand jury - New York City

Moody's downgrades Irish government debt

Mon, 19 Jul 2010 07:17:09 GMT

Moody's Investors Service has downgraded its rating on Irish government bonds by one notch, citing a deteriorating economic outlook.

Moody - Government bond - Business - Bond - Government debt