Rosneft (ROSN.MM) is set to take on Gazprom (GAZP.MM) when Russia puts the Kovykta gas field on the block on Tuesday as the country's top crude producer aims to muscle in on the gas export monopoly's plans to supply China.
Throughout history, gold has been a safe haven in times of political and economic crisis. Right now, gold's fundamentals are remarkably strong, says veteran commodities market analyst James DiGeorgia. In fact, gold is poised to boom-reaching, DiGeorgia predicts, as high as $2,500.
The United States is taking financial action to block Lybia's leader and his family from using $30 billion-worth of assets in the country.
Michael Lewis, best-selling author of The Big Short about the mortgage meltdown, has been sued for defamation by an asset manager featured in the book.
Investors are bracing for a big sell-off when Egypt's stock exchange opens on Tuesday after a month-long shutdown caused by the mass uprising that toppled the country's president.
SocialEyes, a new venture is using Facebook to get into the video chat game.
Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.
Homeownership as an investment is no longer the rock-solid foundation for the American Dream it once was, according to a survey released on Monday by the firm the government created in the 1930s to promote homeownership.
Convicted hedge fund swindler Bernard Madoff gave an interview to New York Magazine, in which he discussed a number of subjects, including government regulatory reform, prison life and his family. Here are some choice quotes from the interview:
RBC Capital Markets upgraded its rating on shares of Sunstone Hotel Investors Inc. (NYSE: SHO) to "outperform" with above average risk from "sector perform" and increased price target to $14 from $11.
JP Morgan follows Goldman Sachs dive into social networking territory, as it is in talks of acquiring a 10 percent minority stake in micro blogging site Twitter.
The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.
Ventas agreed to acquire smaller rival Nationwide Health Properties for $7.4 billion or $44.99 a share in stock, creating one of the largest publicly traded real estate investment trusts (REITs) in the United States.
Finance Minister Pranab Mukherjee announced on Monday a food security bill for 2011/12, a budget measure that would provide cheap grains for millions of India's poor but which has sparked worries over its huge cost.
The finance minister announced on Monday a food security bill for 2011/12, a measure that would provide cheap grains for millions of poor but which has sparked worries of a huge fiscal cost.
Finance Minister Pranab Mukherjee on Monday presented to parliament India's federal budget for the coming financial year beginning in April.
Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the London Stock Exchange, The Sunday Times reported.
Investors in Canada's forestry sector have feasted of late on Chinese demand for lumber and pulp, and a few of them are likely licking their chops at the idea China will also want to buy the mills.
Fighting inflation is a priority for the government in China where rapid price rises and pressure to sharply raise the value of the yuan are a threat to social stability, Premier Wen Jiabao said on Sunday.
Rwanda has put plans of awarding a fourth mobile phone operator's licence on the ice until subscriber growth and market share distribution stabilises, the industry regulator said on Friday.
The Development Bank of Seychelles (DBS) will issue a five-year bond worth 50 million rupees with a 6 percent coupon, central bank said on Friday.
Long-term South African bonds rose on Friday after a four-day sell-off fuelled by the government's disappointing budget deficit forecast for next fiscal year.