Matthew H. Fleeger - Gulf Coast Western Oil Company - President & CEO

The Powerful Resist Change to Greek Tax System

admin — Fri, 03 Feb 2012 08:00:36 +0000

The Greek government is proving powerless to transform an inefficient public administration that has served as a power base for the same political leaders now being asked to dismantle it.

Spain Orders Banks to Set Aside More Money for Problem Property Assets

admin — Fri, 03 Feb 2012 08:00:36 +0000

The new rules, to be adopted by decree Friday, will require Spanish banks to set aside funds equivalent to 80 percent of their real estate debts to help shore up the troubled sector.

China Weighs Helping a European Debt Rescue

admin — Fri, 03 Feb 2012 08:00:35 +0000

Prime Minister Wen Jiabao said China might be willing to help finance Europe’s stabilization by working with the International Monetary Fund.

DealBook: Glencore and Xstrata in Talks for $80 Billion Deal

admin — Fri, 03 Feb 2012 08:00:35 +0000

Glencore International, the biggest commodities trading company in the world, has approached the mining company Xstrata about a takeover, a long-anticipated deal that would create a company with a market value of about $80 billion.

Asia Stock Markets Fall Ahead of US Jobs Report

admin — Fri, 03 Feb 2012 08:00:35 +0000

Asian stock markets were mostly lower Friday ahead of a U.S. jobs report that is a key gauge of how robust the world’s No. 1 economy is.

White House Offers Plan to Lure Jobs to America

admin — Fri, 03 Feb 2012 08:00:34 +0000

Rising wages in developing countries and other factors have made keeping manufacturing work in the United States a much more viable option, the Obama administration argues.

Ex-Partner Says Stanford Was ‘Dictatorial’ in Fraud Case

admin — Fri, 03 Feb 2012 08:00:34 +0000

James Davis, former chief financial officer of the Stanford Financial Group, testified against R. Allen Stanford, the Texas financier accused of defrauding investors in a $7 billion Ponzi scheme.

Incoming Chief Takes On a Sony That Is a Shadow of Its Former Self

admin — Fri, 03 Feb 2012 08:00:34 +0000

The company warned it expected to post a fourth consecutive annual loss, of $2.9 billion, as sluggish sales and natural disasters weighed on its bottom line.

Indian Court Cancels Contentious Wireless Licenses

admin — Fri, 03 Feb 2012 08:00:33 +0000

The ruling by the Supreme Court was a rebuke to the government and came after years of litigation over a scandal involving telecommunications licenses sold at below-market prices.

DealBook: Goldman at a P.R. Crossroads

admin — Fri, 03 Feb 2012 08:00:33 +0000

News that Goldman Sachs is wooing a former Treasury official has had Wall Street buzzing with talk that Lucas van Praag may be leaving the firm.