The Economic Costs of Disasters Have Tripled: 222 Billion Dollars
The severe earthquakes in Haiti, Chile and New Zealand this year have caused the tripling of global economic …
Aldiyar Archive
Unemployment Claims at Their Lowest in Two Years, Spending on the Rise
Fresh unemployment benefit claims dropped last week to the lowest levels in the past two years, while consumer …
General Motors Public Offering Gets First Spot
The initial public offering of General Motors (GM) became the biggest worldwide, at 23.1 billion dollars, after investors …
Yummly, the “Google” of Foodstuff
Yummly, ended the month on a 1.85 million dollars seed-stage round from Intel Capital, Harrison Metal Capital, and …
King Abdullah of Saudi Arabia, in US For Treatment
Saudi Arabia’s King Abdullah landed in US on Monday to receive medical treatment, while the Crown Prince Sultan …
Merrill and UBS Hire New Advisers
UBS Wealth Management Americas and Bank of America Corp’s Merrill Lynch and have been at war, recruiting financial …
J Crew Could be Bought for 2.8 Billion Dollars
US fashion retailer J Crew Group Inc might close a deal to be for 2.8 billion dollars worth …
Top Banks Face Deficit of $100 Billion From Basel
The new banking rules set forth by Basel III will generate deficits of 100-150 billion dollars in the …
Hedge Fund Manager: Risky Iraq Presents Great Opportunities
Many would think there would be little future for Iraq. But Kenneth Kuhn thinks that there is greater …
Explosion in a Mine in New Zealand: Two Miners Have Survived, Other 36 Have Remained Underground
At least 36 miners were missing after an explosion in a coal mine in New Zealand, the women …