http://goodcounsels.com Most interesting finance and busines news. Sun, 05 Feb 2012 14:42:27 +0000 http://backend.userland.com/rss092 en An oil pipeline run by a subsidiary of Italian oil firm Eni SpA has ruptured and caught fire in Nigeria as a militant group claimed responsibility for an attack. The fire happened Saturday night near Brass River in Nigeria's Bayelsa state. Witnesses told a local environmental group they heard the ... http://goodcounsels.com/nigeria-oil-line-on-fire-militants-claim-attack/ The world's biggest beer-maker is placing a big bet on a new brew. Anheuser-Busch InBev this week is rolling out Bud Light Platinum, an upscale version of its best-selling label. It's the brewer's latest bid to pump up flagging sales of its flagship brand, and to counter liquor sales that ... http://goodcounsels.com/with-platinum-bud-light-shoots-for-the-high-end/ Asian stocks extended a global rally Thursday amid investor optimism that the U.S. economy may grow more than previously expected this year. Tokyo's Nikkei 225 rose 0.8 percent to 8,881.27 while Hong Kong's Hang Seng gained 1.2 percent to 20,585.44 and Seoul's Kospi added 1.4 percent to 1,985.82. Signs of ... http://goodcounsels.com/asian-stocks-extend-global-rally-on-economy-hopes/ The stock market appeared headed Tuesday for its best January finish since 1997. Stocks climbed because of hopes that Greece was finally close to resolving its debt problem, then lost ground after an unexpected drop in consumer confidence. The Dow Jones industrial average was down two points at 12,652 just ... http://goodcounsels.com/stocks-headed-for-best-january-since-1997/ The fragility of the global economy is the greatest threat to the banking industry as a return to recession could mean more losses from bad loans and bank failures, according to an industry survey. Macro-economic risk rose to become the number-one concern among bankers, the Centre for the ... http://goodcounsels.com/global-economy-recession-risk-are-bankers-main-concern-survey-reports-bloomberg/ Costa Crociere SpA is offering uninjured passengers euro11,000 ($14,460) apiece to compensate them for lost baggage and psychological trauma after its cruise ship ran aground and capsized off Tuscany when the captain deviated from his route. Costa, a unit of the world's biggest cruise operator, the Miami-based Carnival Corp., also ... http://goodcounsels.com/costa-offers-14460-per-person-for-ruined-cruise/ Stocks turned mixed Wednesday afternoon, erasing earlier losses, after the Federal Reserve said it will keep interest rates near zero for much longer than it had previously announced. Demand for ultra-safe Treasurys soared, pushing bond yields lower. The Fed's monetary policy committee said it is unlikely to raise interest rates ... http://goodcounsels.com/stocks-erase-losses-on-fed-promise-of-low-rates/ Economy Minister Luis de Guindos said Spain is sticking to its deficit goal even as the economy shrinks, underlining a rift in the month-old Cabinet over whether the nation can halve its shortfall during a recession. De Guindos said the government http://goodcounsels.com/spains-two-finance-ministers-clash-on-budget-amid-recession-bloomberg/ The Dutch finance minister says Greece's private creditors may be forced to take losses if they can't reach a deal to cut the country's massive debt pile voluntarily _ the first eurozone finance minister to do so. Jan Kees de Jager said Monday that "we've never said it (the debt ... http://goodcounsels.com/dutch-minister-warns-of-forced-greek-debt-losses/ Walt Disney Co. has awarded CEO Bob Iger a 2011 pay package valued at $31.4 million, up 12 percent from a year ago. That's according to an Associated Press analysis of data disclosed to regulators on Friday. The Burbank-based company says Iger merited a boost in compensation for excellent management ... http://goodcounsels.com/disney-ceo-igers-pay-up-12-pct-in-2011/