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Surprise hike in consumer prices
Rising prices of imported goods cause an unexpected rise in one measure of UK inflation, but mortgage costs fall sharply.
BBC

Norilsk faces queries over transactions
Russian officials have asked Norils Nickel to explain transactions that have raised minority investor concerns about corporate governance and cost the company more than $3bn since the summer, people close to the shareholders said.
FT

Portfolio cost dips, so rate cut possible
Now that the portfolio cost has come down too, HDFC has ensured that the reduction is passed on to existing customers by way of a reduction in RPLR, she said.
The Times Of India

Head of health plans group endorses creating low-cost individual policies
Rick Murdock, executive director of the Michigan Association of Health Plans , said today his association would be in favor of creating a basic health insurance benefit package for individuals that could be priced at about $200 per month.
Topix.net

ExpensAble: ExpensAble Launches Redesigned Desktop Expense Management Software for Mac and PC
IRVINE, CA (MARKET WIRE) In order to survive the recession, many small to midsize companies are trying to cut costs. Travel and entertainment (T&E) is the second most controllable cost in a company next to payroll. T&E expenditures can be crucial to customer acquisition and retention; however, simply slashing expenses is not as easy as it sounds. Having clear visibility to T&E expenses is central to making the right decisions about where to cut.
Market Wire

Carnival books higher 1Q profit, cuts outlook
NEW YORK - Lower fuel prices, cost-cutting and other one-time benefits helped cruise operator Carnival Corp. raise its profit 10 percent in its fiscal first quarter, far exceeding wall street's expectations, the company reported Tuesday.
AZ Central

EU in draft deal on capping roaming prices
The European Union reached a draft deal on slashing the price of texting from abroad and capping the wholesale cost of using a laptop to surf the Internet outside a home state, an EU diplomat said
FT

Flat World Knowledge raises $8 million for Open Source Textbooks
Open source textbook publisher, Flat World Knowledge received $8 million in Series A funding. The funding was provided by Greenhill SAVP. The company provides books from known authors as free web-hosted textbooks. In turn it generates revenues by providing students with options to purchase soft cover, audio textbooks at much lower rates compared to what they may originally cost. I think such ventures are going to have more talented authors make use of its services, providing support to both readers and writers.---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging service or call it a true “twitter video”
Startup Meme

Renting May Be the New American Dream
It might seem like a good time to buy, but home ownership can increase your living costs and tie up your cash.
The Street

Carnival Q1 profit up 10%; lowers FY09 forecast - Update
Tuesday, cruise and vacation company Carnival Corp. & plc reported a 10% increase in first-quarter profit, helped by one-time gains as well as lower costs. In addition, the company issued an earnings outlook for the second quarter, which is below analysts' consensus, and slashed its earnings forecast for 2009.
RTT News

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Archived "business - costs" news stories.

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