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Audio: Market needs a follow-through before it can be a buy
Ken Shreve, markets desk anchor for Investor's Business Daily, sayshis paper will not turn positive about the market until it sees a 'follow-through day' after Monday's big rally,. And said that day typically comes anywhere from three to six days after the big event. That said, Shreve said that even if IBD's market sentiment turns positive, there may not be much worth buying.
MarketWatch.com

Businesses urged not to miss out on environmental savings
When it comes to putting environmental plans into action, companies in the Highlands and Islands could be losing out on savings of up to £1000 per employee.
hie.co.uk

Good communication is vital - especially in business
South Africa is a multicultural society with people of many different cultures and language groups. This often leaves room for confusion - and that's why effective communication is essential.
iol.co.za

EU Leaders Talk Finance, Climate
Efforts to ease the global financial crisis top the agenda at an EU summit, along with talks to prevent the economic turmoil from derailing plans to fight climate change.
Wall Street Journal

Citi partners with MasterCard to develop new commercial card solution
Citi has announced the launch of Citibank Paylink for Cards, an electronic payment solution, which is developed by its global transaction services business in partnership with MasterCard.
Banking Business Review

Bayt Al-Mal leads $172m GCC investment in Canada
Kuwaiti Islamic investment bank Bayt al-Mal, along with partners, plans to invest $172.7m to build a motor-sport and commercial complex in the Canadian Niagara region. Bayt al-Mal, which is leading a consortium of Gulf investors, has already bought 623 acres of land in Fort Erie, near the US border for the project.
ameinfo.com

M&S whistleblower loses appeal for job
A worker sacked by Marks & Spencer for leaking information about the high street retailer’s plans to slash redundancy pay has lost his appeal against the dismissal. The GMB union said i...
The UK News

BNY Mellon to assist US Department of the Treasury in rescue plan
The Bank of New York Mellon has confirmed that it has been selected by the US Department of the Treasury to provide a range of services to support the government's Troubled Asset Relief Program authorized under the Emergency Economic Stabilization Act.
Banking Business Review

Write-Downs Hurt J.P. Morgan
J.P. Morgan's net income fell 84% amid $3.6 billion in write-downs and $640 million in losses from its acquisition of Washington Mutual, as the banking giant saw continued deterioration in its home-lending portfolio.
Wall Street Journal

Prudential Financial closes acquisition of MullinTBG
Prudential Financial has completed the acquisition of MullinTBG, a provider of executive benefit solutions and financing strategies. MullinTBG companies, including MullinTBG Insurance Agency services, MullinTBG Advisors, its staff, and related entities are part of Prudential Retirement, a business of Prudential Financial.
Insurance-business-review.com

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