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Thursday, 11 March 2010, 10:52 GMT
China tightens rules on land sales
China raises down payment requirements on land purchases to 50% of the plot?s purchase price as part of measures to address growing public anxiety over rising real estate costs

Thursday, 11 March 2010, 10:52 GMT
Volkswagen sees growth in sales, profit in 2010
FRANKFURT (MarketWatch) -- Volkswagen AG, Europe's biggest car maker, said Thursday it expects to grow its deliveries, sales revenue and operating profit this year, as it forecast a "slight recovery" in the global automotive market. Still, the firm

Thursday, 11 March 2010, 10:33 GMT
Industry Veteran Michael Thompson Appointed as Lantiq Senior Vice President and Head of the Worldwide Sales Organization
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Thursday, 11 March 2010, 10:31 GMT
Frothy sales for craft beers
Drinkers are flocking to craft beers like Freetail Brewing Co.'s seasonal 'La Muerta.'By Annalyn Censky, staff reporterMarch 11, 2010: 4:47 AM ET NEW YORK (CNNMoney.com) -- Turns out booze isn't recession-proof. Beer sales dropped by 5 million barrels

Thursday, 11 March 2010, 10:28 GMT
AstraZeneca inks first generic drugs deal
AstraZeneca today unveiled its first partnership with a generics drugs maker, a move that gives it a fresh portfolio of cheap medicines to sell in developing markets as it braces for the loss of patents on several blockbuster medicines. The Anglo-Swedish

Thursday, 11 March 2010, 10:24 GMT
Wetherspoon completes £530m refinancing
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Thursday, 11 March 2010, 10:09 GMT
BP's slide after $7bn deal helps drag FTSE lower
BP It has agreed to pay that amount to US producer Devon Energy for assets in the region which will help it meet its production growth target and also give it entry into Brazil. At the same time BP is selling Devon a 50% stake in its Kirby oil sands

Thursday, 11 March 2010, 9:55 GMT
HSBC reveals 15,000 clients hit by data theft
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Thursday, 11 March 2010, 9:50 GMT
Old Mutual puts US life business up for sale
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Thursday, 11 March 2010, 9:31 GMT
Royal Dutch Shell halts gas sales to Iran
NEW YORK (CNNMoney.com) -- Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future U.S. sanctions. Royal Dutch Shell (RDS) said it had no

Thursday, 11 March 2010, 8:59 GMT
Morrisons posts record profits and sales, raises dividend
Pre-tax profits increased 34pc to 858m on sales up 6pc to 15.4bn in the year to January 31, 2010, . Sir Ian Gibson, the chairman, said: "Morrisons had another good year. Once again our focus on fresh food and great value appealed to shoppers everywhere."

Thursday, 11 March 2010, 8:47 GMT
Argos and Homebase sales shiver in the snow
Home Retail Group, the owner of Argos and Homebase, admitted today to a drop in sales at both since the beginning of 2010, but insisted that full-year profits were likely to be better than expected. Britains biggest household goods retailer said that,

Thursday, 11 March 2010, 8:09 GMT
Home Retail Group to beat forecasts despite snow hitting Argos, Homebase sales
Home Retail Group, Britain's biggest household goods retailer, blamed snow in January for sales falls at both its Argos and Homebase businesses but said annual profit would be slightly ahead of current market hopes. Reuters Home Retail Group The company

Thursday, 11 March 2010, 7:51 GMT
Skanska gets Brazil refinery construction deal
LONDON (MarketWatch) -- Skanska /quotes/comstock/22u!e4:se0000113250- (SE:SKAB 127.30, +3.70, +2.99%) said that it has been awarded a contract by Petrobras /quotes/comstock/13*!pbr/quotes/nls/pbr (PBR 46.56, +0.78, +1.70%) to construct the first phase of

Thursday, 11 March 2010, 7:36 GMT
AstraZeneca agrees generics deal with Torrent
LONDON (MarketWatch) -- Drug maker AstraZeneca /quotes/comstock/23s!a:azn (UK:AZN 2,950, 0.00, 0.00%) /quotes/comstock/13*!azn/quotes/nls/azn (AZN 44.38, -0.03, -0.07%) on Thursday said it's signed a license and supply agreement with Torrent

Thursday, 11 March 2010, 6:51 GMT
Barclays' shareholders warn bank against deal for a US retail bank
Barclays shareholders warned the bank against buying a retail bank in the US, which has been a graveyard in the past for British lenders. The bank is understood to be considering a move for a US retail lender to gain more deposit funding for Barclays'

Thursday, 11 March 2010, 6:50 GMT
Port of Dover faces ferry companies' fury over £60m payments
The port of Dover's planned £300m privatisation has been thrown into chaos after its three biggest customers threatened legal action over an alleged misapplication of £60m of payments. P&O Ferries, Norfolkline and SeaFrance, which together account for

Thursday, 11 March 2010, 6:05 GMT
Financial jobs abound in Hong Kong amid upturn
By Chris Oliver, MarketWatch HONG KONG (MarketWatch) -- For Hong Kong investment bankers, what a difference a year makes. While financial-services workers in the West are still reeling from the aftermath of the global economic crisis, Hong Kong's finance

Thursday, 11 March 2010, 5:37 GMT
Motorola, Microsoft in deal to put Bing on phones
* Bing bookmark will appear on Motorola phones * Starting in China in first quarter NEW YORK (Reuters) - Motorola Inc has reached a deal with Microsoft Corp that will put Bing search and mapping services on its phones that use Google's Android operating

Thursday, 11 March 2010, 5:20 GMT
Democrats Disagree on Banning Earmarks to Private Companies
March 11 (Bloomberg) -- U.S. House and Senate Democrats disagree over an election-year proposal to ban so-called earmarks providing federal money to defense contractors, energy firms and other private companies. House Appropriations Committee Chairman

Thursday, 11 March 2010, 4:56 GMT
Dawson's operating profits rise to £1.4m
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Thursday, 11 March 2010, 4:45 GMT
Melrose targets distressed assets
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Thursday, 11 March 2010, 4:28 GMT
Three Airlines Near Deal for an Expanded Alliance
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Thursday, 11 March 2010, 4:10 GMT
US envoy pushes for Sudan peace deal
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Thursday, 11 March 2010, 4:07 GMT
BP in talks to buy Devon assets for $6bn
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Thursday, 11 March 2010, 3:58 GMT
Standard Life eyes pension growth
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Thursday, 11 March 2010, 3:51 GMT
Traders set to launch 'movie' exchanges
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Thursday, 11 March 2010, 3:48 GMT
Regus uses insolvency tools to cut office rents
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Thursday, 11 March 2010, 3:46 GMT
Sales and Profits Rise as American Eagle Outfitters Limits Markdowns
American Eagle Outfitters, a retailer that specializes in clothes for teenagers, posted a higher quarterly profit on Wednesday on better sales and fewer price markdowns. The company said it earned $59.3 million, or 29 cents a share, in the quarter, up

Thursday, 11 March 2010, 3:23 GMT
Companies pay dividends even when they have losses
Some companies are having to dig really deep to pay their dividends. Currently, 28 companies in the Standard & Poor's 500 index are slated to pay out more in dividends this year than they're expected to earn from operations, S&P says. They include U.S.

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