RBA interest rate cut will be good for economy

The incoming acting head of Queensland University of Technology's (QUT) School of Business said a reduction in Australia's official interest rates would help the nation's manufacturing and tourism industries.

Bankers' bonuses not to blame, shows new research

(PhysOrg.com) -- Research from the University of Bath counters the claim that large bonuses in the banking industry are at the root of the global financial crisis.

World's richest casino exec opposes online wagers

(AP) -- Sheldon Adelson, the world's richest casino executive and chief of the industry's largest publicly traded company, says he opposes online gambling because he doesn't believe available technology is good enough to ...

Fossil-fuel emissions unbraked by financial crisis

Emissions of carbon dioxide (CO2) from fossil fuels and the cement industry scaled a record high in 2010, rocketing by 5.9 percent over 2009 in a surge led by developing countries, scientists reported on Sunday.

Dutch tech company ASML posts profit rise

Dutch company ASML, a key global supplier of computer chip-making systems, said Wednesday net profits had jumped 32 percent in the third quarter and maintained its outlook to achieve record sales by the end of 2011.

Cisco's 4Q results, outlook top analyst views

(AP) -- Cisco Systems Inc. provided a small measure of comfort to the battered stock market late Wednesday with quarterly results that underscored the technology bellwether's resolve to improve its financial performance.

US imposes new rules on high-speed traders

US regulators on Tuesday announced new rules aimed at shedding light on the secretive industry of computerized high-speed trading, which has been blamed for destabilizing financial markets.

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