Customers to Benefit from New Cooperation with Korea Exchange Bank

First Green Business Travel Payment Solution

Collaboration with United Overseas Bank Provides Companies with a Fully Integrated Travel Payment and Management Solution

Willie Walsh has said for years he wants to retire at 55 and now, a month after turning 48, he says that is still the plan. It seems an absurd notion for British Airways' driven chief executive, especially given the groundbreaking merger with Spain's Iberia that he announced just over...

The appointment comes on the day the Digital Economy Bill is published, which outlines plans to prepare the radio industry for a digital future. Ennals has experience of moving an industry onto a digital platform through his prior position as chief executive officer of Digital UK. While there he spearheaded...

Eaton Vance Corp. and Invesco Ltd. launched on Tuesday the first-ever mutual fund and exchange-traded fund focusing on Build America Bonds, judging investors and lawmakers will keep showing interest in these new, taxable municipal securities.

More than 12,000 British Airways cabin crew began voting on Monday on whether to launch strikes over new working practices that could disrupt flights over the busy Christmas period. The new rules came into force on Monday, in spite of opposition from the Unite union, which said they were unworkable...

If British Airways succeeds in its planned merger with Spain's Iberia, Willie Walsh, its chief executive, will go down as the man who finally completed a major deal for BA, writes Pilita Clark . The airline has had several attempts at tie-ups with large airlines before, such as KLM of...

Three sponsors launched new ETFs on Tuesday 11/17/09, making for 97 (93 ETFs and 4 ETNs) new exchange-traded product listings so far this year.  The three new funds are the IQ ARB Merger Arbitrage ETF (MNA), PIMCO Enhanced Short Maturity Strategy Fund (MINT), and PowerShares Build America Bonds Portfolio (BAB).[More...]

Paul J. Lim, “By almost every measure, stocks are far cheaper at Dow 10,000 today than at Dow 10,000 in March 1999.”  (NYTimes also Big Picture) Investor sentiment at week end.  (The Technical Take, Trader’s Narrative) What happens to the stock market after a successful earnings season?  (Bespoke) Jason Zweig, “..fighting confirmation bias is a never-ending battle. But [...]

Asian stocks fall, government bonds rally as oil drops; Yuan forwards rise.China this year rejected requests to build 47 projects worth 200B to curb excessive capacity.Copper prices falls as dollar gains for second day, stockpiles at six-month high.Dollar falls versus Krone, Aussie; Europe GDP growth optimism spurs yield demand.European Stocks Advance; Richemont, British Airways, Iberia Shares climbEurozone out of recession after 0.4% growthFHA reserves fall below legal limitHealth legislation being considered would force drug makers to disclose amount spent on continuing medical education classes for doctors.[More...]

David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in Economics from The Wharton School of the University of Pennsylvania, an M.S. in Organizational Dynamics from The School of Arts and Sciences at the University of Pennsylvania, and a Masters in Philosophy from [...]

David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in Economics from The Wharton School of the University of Pennsylvania, an M.S. in Organizational Dynamics from The School of Arts and Sciences at the University of Pennsylvania, and a Masters in Philosophy from [...]

L-3 Communications, Watson Wyatt Worldwide, Target, eCollege.com, Movie Gallery, Rotech Healthcare

British Airways, Nokia, Google, Teva Pharmaceuticals, Merck, Fonar Corp, PainCare Holdings, NYSE Group