Politics Greek bank

Greeks Wait in Lines to Withdraw Money from Banks »

The Greeks have withdrawn Monday from banks over 700 million euros, according to discussions between the president, Karolos Papoulias and party leaders, during which the President has sent a warning…

May 18 2012 / / Read More »
Greece eurozone exit

Roubini: New Elections Will Lead Greece to Exiting Eurozone »

Next elections in Greece will be won by the Radical Left Coalition (SYRIZA), a party that will not get along with representatives of international creditors, and Greece will default and…

May 16 2012 / / Read More »
World news

G8 Leaders Meet at Camp David in Search of Solutions to the European Crisis »

G8 meeting

Leaders of most industrialized nations, members of G8, are meeting this weekend in the United States at Camp David, to…

May 18 2012 / / Read More »

Fitch Downgraded Greece’s Rating »

Fitch downgrades Greece

Fitch downgraded the long-term rating of Greece’s debt from “B-” to “CCC”. The rating agency justified its decision by the…

May 17 2012 / / Read More »

Plot to Assassinate the Dalai Lama »

Dalai Lama

China rejected the accusations that it is behind a plot to assassinate the Dalai Lama by sending women to poison…

May 14 2012 / / Read More »

Facebook Co-founder Renounce U.S. Citizenship Prior to IPO »

Eduardo Saverin Facebook

Eduardo Saverin, billionaire co-founder of Facebook, gave up American citizenship before an initial public offering that would value the social…

May 13 2012 / / Read More »
Finance

Facebook Has Enriched the Old Shareholders and Disappointed Participants in the IPO »

Facebook IPO disappointing

The long-awaited listing of Facebook was a major success just for old shareholders, led by Mark Zuckerberg and the other co-founders, while participants in the IPO (Initial Public Offer) are left with a bitter taste after the first day of trading. Old shareholders of Facebook…

May 19 2012 / / Read More »

JP Morgan Shareholders Sue the Bank for the $2 Billion Trading Loss »

JP Morgan sued by investors

Shareholders of JP Morgan Chase have sued the bank in two separate lawsuits, accusing the financial institution and its management of excessive risk taking that led to losses of at least $2 billion. A JP Morgan spokesman declined to comment on the lawsuits open at…

May 16 2012 / / Read More »
Business

Record Earnings for Fortune 500 in 2011 »

Fortune 500 profits

The 500 largest U.S. companies have accumulated record earnings last year amounting to $824.5 billion. The earnings eclipsed the previous record of $785 billion from…

May 7 2012 / / Read More »

What Are Warren Buffett’s Fears »

Warren Buffett

Billionaire Warren Buffett, 81, tried at the annual meeting of Berkshire Hathaway to dispel fears about the future of the investment company, after being diagnosed…

May 6 2012 / / Read More »
Technology Facebook Nasdaq

Facebook Listing on Nasdaq Flips the Millionaires’ Top

Friday’s debut of Facebook (NASDAQ:FB), a company valued at $104.02 billion on the Nasdaq stock market in New York will “baptize” over 1,000 millionaires in dollars, at least on paper, and will propel the network founder,…

May 18 2012 / Read More »
Auto Opel Astra

Opel Stops Astra Production in Germany and Move It to the UK and Poland

Opel, the European division of General Motors (GM), will stop production of the Astra model in Germany, but in 2015 will produce a new version at a factory in England, near Liverpool, and in Poland, writes…

May 17 2012 / Read More »
Health Immucin vaccine

Miracle Vaccine That Kills 90% of Cancers Will Soon Be Available

Scientists have revealed the existence of a vaccine that kills 90% of cancers using the body’s natural defense mechanisms. Experts say that this treatment has already had success in some patients, healing after only two doses.…

Apr 10 2012 / Read More »
Sports Vettel Bahrain Grand Prix 2012

Vettel, the Fourth 2012 F1 Winner in As Many Races

The 2012 season of Formula 1 World Championship continues to be very tight, after Sebastian Vettel won on Sunday the Grand Prix of Bahrain. The previous three F1 races this year were Jenson Button, Fernando Alonso…

Apr 22 2012 / Read More »

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