EU Should Acknowledge the Bankruptcy of Greece: German Banker
Greece is not able to pay back its current debts even over the course of generations, according to Andreas Schmitz, president of BdB, a German bank lobbying group.
Microsoft Officially Finalizes Its Acquisition of Skype
The Microsoft Corp. announced the closing of its $8.5 billion deal to acquire Skype Global, on Thursday. The Redmond, Wash.-based company originally disclosed its intention to do so on May 10.
Microsoft Acquires Skype for $8.5 billion, How Will the New Skype Experience be? [VIDEO]
Microsoft Corp. began the process of acquiring the Internet's leading video chat client, Skype, for $8.5 billion, earlier this year. On May, 10, a deal acceptable to all parties was worked out and, according to a report, the two companies have been given permission to proceed, by both the U.S. Federal Trade Commission and the European Union.
LeBron James's Decision: Takes Talents to Liverpool to Watch His Club Play Manchester United
James is part owner of Liverpool FC
More news
Gold Mining a Big Positive to Peru Economy, Says Global Trade Group Report
Gold mining has been a boon --not a curse -- to the Peruvian national economy over the past decade, helping lift specific mining communities out of poverty, a report released Friday by the gold-mining industry group World Gold Council, said.
S.Africa mulling own metals exchange
South Africa is looking at establishing its own metals exchange as part of a wider government plan to extract more value from the country's huge mineral wealth, much of which is exported as ore rather than being refined and processed locally.
Zambia's Sata wants new constitution in 90 days
Zambia's new President Michael Sata announced plans to overhaul the constitution on Friday, the latest step in his top-to-bottom review of the way Africa's top copper producer is run.
South Africa, World's No. 1 Platinum Producer, Mulls Own Exchange
South Africa is looking at establishing its own metals exchange as part of a wider government plan to extract more value from the country's huge mineral wealth, much of which is exported as ore rather than being refined and processed locally.
Microsoft Finalizes Skype Acquisition
Microsoft has finalized the $8.5 billion acquisition of VoIP service Skype, initially announced in May 2011.
Doing Business in India Has Advantages
The advantages of doing business and investing in India include a federal government system with clear powers established between the central government and state governments, a liberal and friendly investment climate, and liberal and clear policies on foreign direct investment from other major economies of the world.
Top 10 Commodity Stocks 2011: What UBS is Advising Clients
Swiss investment bank UBS disclosed Friday its top 10 commodity stock picks, all of which fall into one of four categories, thermal coal, iron ore, gold and merger and acquisition opportunities.
College students echo Occupy Wall Street with protests
Anger at high tuition bills and a lack of jobs propelled U.S. college students into streets and quadrangles on Thursday in the latest offshoot of the Occupy Wall Street protest movement.
Are Bethenny Frankel's Skinnygirl Pants on Fire? Former 'Real Housewife' Accused of Lying, Again
Frankel reportedly sold SkinnyGirl cocktails for $8 million, not $120 million
Locals to get 10 pct of Zimbabwe unit:Implats
Impala Platinum said on Thursday it has agreed to turn over a 10 percent stake in its Zimbabwe units to locals after facing pressure from the government to give up equity or lose out in the state with the world's second largest platinum reserves.
Ivory Coast ends consultations on cocoa reforms
Ivory Coast's government has ended consultations with cocoa exporters and farmers on planned reforms to the sector that will guarantee its hundreds of thousands of smallholders a minimum selling price, officials said on Thursday.
S.Africa's rand turns softer, bonds also weaker
South Africa's rand turned weaker against the dollar in late Johannesburg trade, giving back earlier slight gains as fears of trade wars between China and the United States rattled investors already jumpy over European debt woes.
Egypt c.bank keeps rates on hold as inflation eases
Egypt's central bank said it kept its benchmark interest rates on hold after a monetary policy meeting on Thursday, as headline inflation eases and political uncertainty delays an economic recovery.
Liberia's Johnson-Sirleaf leads on early vote count
Liberian President Ellen Johnson-Sirleaf has won 44.5 percent of votes counted so far in the West African country's election, the poll body said on Thursday, releasing the first official tally.
Nouriel 'Dr. Doom' Roubini's Economics Firm Up for Sale
Roubini Global Economics, the global investment research firm co-founded by NYU economist Nouriel “Dr. Doom” Roubini, is reportedly for sale, as it continues to lose money, according to a report from CNBC’s David Faber.
Amazon Tablet: Will Kindle Fire Push Amazon’s Stock to $350 and Beyond in 2012? - Stock Review
Is there revenue fire in that new Kindle tablet? Amazon.com's (AMZN) new Kindle Fire tablet, priced at $199, has created a buzz, due its potential to grab market share from Apple’s (AAPL) iPad. With the latest kindle send Amazon’s stock vectoring higher?
German GDP Growth to Sharply Drop in 2012: Economists
They lowered their 2012 GDP forecast to 0.8 percent from their previous estimate of 2 percent, partially due to the spiraling debt crisis in the Eurozone.
BP Expands Investments in North Sea Oil Properties
All told, BP and its partners will invest nearly £10 billion ($15.7 billion) in North Sea oil and gas properties over the next five years.
JPMorgan Chase's Q3 Earnings Fall 'Reasonable,' Company Says
JPMorgan Chase & Co.'s third-quarter earnings fell 4 percent as the European debt crisis pushed investment banking clients to the sidelines, but results were helped by an accounting gain the bank can take when markets are in turmoil.
Gold Prices Ease on Rising Dollar, Slowing Chinese Economy
Gold prices fell modestly Thursday as a rising dollar, boosted by signs the world's No. 2 economy is slowing, offset both steady Asian demand for jewelry and bullion as well as safe-haven buying by Euro-wary investors.
Europe Awaits Italy Bond Sale; Markets Flat
Italy was set Thursday to test fragile investor confidence in the euro zone's ability to heal its debt problems, with a sale of bonds, while weaker Chinese trade data acted as a reminder of broader economic problems.
Gold Steady on Indian, Chinese Buying; Markets Eye Eurozone Bank Rescue Efforts
Gold prices held steady on Thursday, as optimism for a solution to the Eurozone crisis underpinned sentiment, while tight physical supply in Asia continued to lend support.
Pages
- MOST READ
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Canada AI Project Hopes To Help Reverse Mass Insect Extinction
-
Aid Groups Express Horror At US Mines For Ukraine
-
As Trump Returns, China Seizes Chance For Climate Mantle
-
Taxing The Richest: What The G20 Decided
-
US Agency Opens Two Probes Into Ford Vehicles Amid Quality Control Concerns
-
Trump-Inspired Campaign Playbook? Polish Presidential Aspirant Vows To Turn Poland Into 'Crypto Haven'
-
Urban Mosquito Sparks Malaria Surge In East Africa
-
Sex, Drugs And Gritty Reality On Prague's Underworld Tours
-
Defiant Lebanese Harvest Olives In The Shadow Of War
-
'Critically Endangered' African Penguins Just Want Peace And Food
