<?xml version="1.0" encoding="UTF-8"?><!-- generator="wordpress/2.3.1" -->
<rss version="0.92">
<channel>
	<title>Business &#038; Financial News</title>
	<link>http://www.lifeisbusiness.com</link>
	<description>The top business news and economy articles</description>
	<lastBuildDate>Tue, 19 Aug 2008 06:52:53 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
	<item>
		<title>The world is on еру threshold of energy crisis</title>
		<description><![CDATA[The world stands on the threshold of energy crisis; it is marked in research of British research center Chatham House. In opinion of center representatives, in the nearest five-ten years the energy crisis that will lead to jump of the prices for oil up to 200 doll./barr.
in the report of leading researchers from Chatham House [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/359</link>
			</item>
	<item>
		<title>Net profit of Nestle has grown up to € 3,2 billion</title>
		<description><![CDATA[Net profit of the food stuffs Swiss manufacturer Nestle S.A. has grown on 6,1 % - up to 5,21 billion Swiss francs (3,2 billion euro) in comparison with 4,92 billion Swiss francs (3,02 billion euro), received for the similar period year earlier. Such information has been given in the report of the company, published on [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/358</link>
			</item>
	<item>
		<title>In I half-year net profit of HSBC has decreased on 29 %</title>
		<description><![CDATA[In the first half-year of 2008 net profit of British HSBC Holdings Plc., the largest in the Europe on capitalization bank, has decreased on 29 % - up to 7,72 billion dollars in comparison with 10,9 billion dollars. It is informed in published, on August, 4th, report of the company.
For the first half of current [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/357</link>
			</item>
	<item>
		<title>Hugo Chavez reforms bank system of Venezuela</title>
		<description><![CDATA[The president of Venezuela Hugo Chavez has signed a package of laws on reform of bank system of the country. The package consists of 26 laws, inuring the special order of the president of Venezuela. Such information has been represented in release of the official publication of the government of Venezuela Official Gazette. Details of [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/356</link>
			</item>
	<item>
		<title>Nokia has finished purchase of Navteq for 8,1 billion dollars</title>
		<description><![CDATA[The Finnish cellular telephones Nokia manufacturer has finished the transaction on purchase of American cartographical company Navteq. As it is informed in the press release of the American company, cost of the transaction has made 8,1 billion dollars
The transaction between Nokia and Navteq has been declared on October, 1st, 2007. Nokia has paid 78 dollars [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/355</link>
			</item>
	<item>
		<title>UBS and CS can allocate € 43,5 billion for struggle against crisis</title>
		<description><![CDATA[Swiss authorities can address to the largest banks of the country - UBS and Credit Suisse - with the offer to reserve 70 billion Swiss francs (43,5 billion euro) in case of further development of world financial crisis.
In case of adverse succession of events, financial obligations between banks will be distributed as follows: 40 billion [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/354</link>
			</item>
	<item>
		<title>Bank Societe Generale is fined</title>
		<description><![CDATA[The bank commission of France (the central bank regulator of the country) has fined bank Societe Generale on 4 million euro for infringements which have led to swindle of the former trader Jérôme Kerviel.
The regulator specifies, that in internal monitoring systems behind transactions Societe Generale &#8220;rough lacks&#8221;, which as a result cost have been revealed [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/353</link>
			</item>
	<item>
		<title>Chrysler closes a factory on minivans production</title>
		<description><![CDATA[American auto concern Chrysler LLC for uncertain term closes a minivans factory in Saint Louis, located in state of Missouri. One more factory in Saint Louis, on which Chrysler makes pickups, reduces the manufacture due to transition with two-shift to the one-replaceable schedule.
Changes will come into force in the autumn of this year and will [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/352</link>
			</item>
	<item>
		<title>World crisis has caused losses to IKEA</title>
		<description><![CDATA[Recession in the real estate market of the USA has led to that sales volume in IKEA furniture hypermarkets have worldwide reduced.
So, in America sales volumes of IKEA have decreased on 21 % in comparison with the last year, though IKEA occupied only about 10 % of the American market, or 21 billion euro in [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/351</link>
			</item>
	<item>
		<title>Rains will help the East Europe to overcome inflation</title>
		<description><![CDATA[Rainy weather has appeared on a hand to the Central Banks of some the countries of the East Europe as it has favorably affected the agricultural crops, which are grown up in these countries.
Good harvests should help to the Central Bank to cope with inflation, which is on record-breaking high marks practically in all developed [...]]]></description>
		<link>http://www.lifeisbusiness.com/article/350</link>
			</item>
</channel>
</rss>
