INVESTMENT

More news
Kingfisher Airlines

Lenders Ask Kingfisher To Sell Assets

A consortium of lenders of the cash-strapped Kingfisher Airlines Thursday asked the Indian private carrier to sell its properties in Goa and Mumbai and to come up with concrete steps to improve its operations.
Standard & Poor's

S&P Upgrades Philippines Credit Rating To BB+

Standard & Poor's Ratings Services has raised the credit rating of the Philippines, citing that the country's fiscal flexibility is gradually increasing and the debt profile is improving.
IBTimes Logo

France Slaps 7B Euro Taxes On Rich And Big Firms

France's new Socialist government announced tax rises worth 7.2 billion euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by flagging economic growth.
U.S. Housing Sector

Thinking About Buying A US Home? Think Carefully

U.S. mortgage interest rates for 30-year, fixed loans are at/near 40-year lows. Further, while there's nothing like owning a home, for several reasons 'this is not your father's housing market.' There are pitfalls and pratfalls, and prospective buyers would be wise to review these five tips before taking the plunge.
Citibank to lose billions

Citibank India Reports 35% Surge In FY12 Net Profit

The Indian division of the U.S.-based Citibank Tuesday reported a 35 percent rise in its net profit in 2011-2012 fiscal year, driven by robust growth in their corporate and retail banking and mortgage businesses, the bank said in a statement.
IBTimes Logo

China's June Official Services PMI Up To 3-Month High

China's services sector expanded at its fastest pace in three months in June, an official survey showed on Tuesday, but left intact market expectations that Beijing will deliver more policy measures to support growth in the near future.
Mervyn King

Bank Of England Cracks Down On Cheating Banks

The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.