Berkshire Discloses Increased Stakes in Sanofi-Aventis, Tesco
27.02.2010 14:33 29 views 0 comments
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Billionaire investor Warren Buffett’s Berkshire Hathaway Inc. disclosed increased stakes in drugmaker Sanofi-Aventis SA and Tesco Plc, Britain’s largest retailer. Read more »
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Russian Direct Foreign Direct Investment Dropped 41% Last Year
27.02.2010 14:15 34 views 0 comments
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Russian foreign direct investment plummeted an annual 41 percent to $15.9 billion last year as the economy posted its biggest contraction since the collapse of the Soviet Union. Read more »
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Euro Declines for Third Month as Debt Crisis in Greece Persists
27.02.2010 7:07 26 views 0 comments
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The euro fell for a third straight month against the dollar, its longest losing streak since November 2008, as Greece’s debt woes weighed on the region’s economic outlook. Read more »
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Dollar Declines Against Yen, Euro on Greek Aid, Home Sales Drop
26.02.2010 23:06 27 views 0 comments
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The dollar fell against the euro and the yen as German lawmakers said aid to Greece may come through a state-owned lender and sales of U.S. existing homes unexpectedly declined last month. Read more »
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Telefonica Profits Rise 22% on Latin America
26.02.2010 18:06 29 views 0 comments
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Telefonica SA, Europe’s second- largest phone company, posted a larger-than-expected 22 percent increase in fourth-quarter profit fuelled by revenue growth in Latin America. Read more »
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Lloyds Banking Hit by HBOS Loan Writeoffs
26.02.2010 17:45 29 views 0 comments
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Lloyds Banking Group Plc, Britain’s biggest mortgage lender, posted a wider-than-estimated full-year loss as loan writeoffs rose “significantly” in 2009 on the bank’s takeover of HBOS Plc. Read more »
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Germany May Buy Greek Bonds via KfW Bank
26.02.2010 16:42 24 views 0 comments
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Germany lawmakers said on Feb. 26 that aid to ailing Greece could come in the form of billions of euros worth of Greek bond purchases by state-owned bank KfW Read more »
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Sigurdardottir Sees Hope for Icesave Accord
26.02.2010 15:58 31 views 0 comments
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Icelandic Prime Minister Johanna Sigurdardottir says an agreement is still possible with the Dutch and U.K governments over foreign claims in failed Icesave bank Read more »
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HSBC Moves May Pressure Standard Chartered
26.02.2010 1:16 34 views 0 comments
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HSBC Holdings Plc’s decision to move Chief Executive Officer Michael Geoghegan and three more top bankers to Hong Kong from London may force Standard Chartered Plc to follow its example, money managers and analysts said. Read more »
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Google Street View May Breach EU Privacy Laws
26.02.2010 0:57 31 views 0 comments
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Google Inc.’s Street View may break European Union privacy laws, according to data-protection regulators who say the mapping service stores images for too long. Read more »
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Nokia Plots Its Comeback Plan
26.02.2010 0:35 30 views 0 comments
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Stung by competition from Apple, the world's largest maker of mobile phones is bringing out new high-end models and amping up its Internet services to retake momentum Read more »
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Your Handy Guide to Russian Oligarchs
25.02.2010 1:00 26 views 0 comments
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With the country's market soaring, Russian billionaires are opening their wallets—and planning their legacies Read more »
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