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Data theft hits 24,000 HSBC clients
HSBC has revealed that a former employee stole the personal details of around 24,000 clients of its private bank
in Switzerland in a major security breach three years ago.
BP strikes $7bn Brazil oil deal
The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US
VW to bolster capital hike with bond issue
Europeâs largest carmaker announces plans to launch a convertible bond issue alongside its multibillion-euro capital increase, in a move to woo investors wary of equity issues
China data spur talk of further tightening
Pressure on Beijing to begin raising interest rates and to allow the renminbi to appreciate against the US dollar is set to rise as inflation jumped 2.7 per cent last month from a year before
Jitters over economy curtail risk appetite
Global Markets Overview: Equities mark time as inflation data from China reawaken fears over monetary tightening
Greece Roiled By General Strike Over Austerity Plan
Greek police fired tear gas to disperse protesters throwing rocks and firebombs outside Parliament as tens of thousands of people marched through Athens to protest measures to cut the country's debt. The strike grounded all flights and brought public transport to a halt.
Trade Deficit Shrinks As Auto And Oil Imports Drop
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
First-Time Weekly Jobless Claims Decrease Slightly
The number of newly laid-off workers requesting unemployment benefits slipped by 6,000 last week. But the four-week average of claims climbed, reflecting a sharp increase in claims last month.
Foreclosures Slow Considerably In February
Fears remain about the hundreds of thousands of homeowners who are still being evaluated for help under loan modification programs. Many analysts say most of those borrowers will eventually lose their homes, sparking a new round of foreclosures later this year.
Electric Vehicles May Energize Elkhart's Future
Elkhart, Ind., is known as the RV-making capital of the world. The mayor wants to claim a new title: The electric vehicle capital of the world. Stimulus grants and other incentives are attracting companies planning to build electric vehicles to Elkhart. It's hoped the electric vehicles will fill the void created by a serious slump in recreational vehicles sales.
Portal:Society
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The economy of the Iroquois originally focused on communal production and combined elements of both horticulture and hunter-gatherer systems. The tribes of the Iroquois Confederacy and other Northern Iroquoian-speaking peoples, including the Huron, lived in the region including what is now NY State and the Great Lakes area. The Iroquois Confederacy was composed of five different tribes — a sixth was added later — who had banded together before European contact. While not Iroquois, the Huron peoples fell into the same linguistic group and shared an economy similar to the Iroquois. The Iroquois peoples were predominantly agricultural, harvesting the "Three Sisters" commonly grown by Native American groups: maize, beans, and squash. They developed certain cultural customs related to their lifestyle. Among these developments were ideas concerning the nature and management of property.
The Iroquois developed a system of economics very different from the now dominant Western variety. This system was characterized by such components as communal land ownership, division of labor by gender, and trade mostly based on gift economics.
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When society requires to be rebuilt, there is no use in attempting to rebuild it on the old plan. |
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—John Stuart Mill, Dissertations and Discussions (1859)
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CBOE to take first step towards IPO
The Chicago Board Options Exchange, the world's last big member-owned exchange, filed an application with US regulators for an initial public offering
Data theft hits 24,000 HSBC clients
HSBC has revealed that a former employee stole the personal details of around 24,000 clients of its private bank
in Switzerland in a major security breach three years ago.
Old Mutual puts US life business up for sale
Insurer confirms it is exploring a sale of its US life assurance arm, adding that it also envisages an initial public offering of shares in its US asset management business
Standard Life eyes pension growth
David Nish, the chief executive of the insurance group, says there are 'great' opportunities in the UK pensions business as it reports better-than-expected full-year profits for 2009
Tullett Prebon shares soar on bid approach
The interdealer broker headed by Terry Smith disclosed that it was in 'preliminary discussions with a third party' in a deal that could value the company's equity at ÂŁ840m
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