iPhone 5 sells for $3,700 dollars on the gray market in Russia
iPhone 5 reached a price of up to 115,000 rubles ($3,700) on the gray market in Russia, before …
ali Archive
Gottfrid Svartholm extradition brings Cambodia a $59.4 million gift
Pirate Bay co-founder Gottfrid Svartholm was arrested last week in Cambodia. This Asian country has no extradition treaty …
Financial crisis was caused by China, not Wall Street
The 2008 global financial crisis is a crisis of subprime loans, CDO bonds (collateralized debt obligation which are …
Dramatic market quarter might follow after a silent summer
Financial markets have been surprisingly quiet before the last quarter of the year that could be filled with …
The top of the largest Chinese companies
The oil company Sinopec is for the eighth consecutive year the largest Chinese company by annual revenue, according …
Citigroup will pay $590 million to settle a lawsuit with shareholders
Citigroup agreed to pay a compensation of $590 million to settle a lawsuit with shareholders, who accused the …
Banks involved in LIBOR scandal could pay $150 billion in damages
Banks investigated for manipulating interbank rates may risk to be fined from tens of billions of dollars to …
RBS investigated for possible violation of U.S. sanctions against Iran
Royal Bank of Scotland (RBS) is investigated by the Federal Reserve (Fed) and the U.S. Justice Department for …
U.S. banks have a record surplus of $1,770 billion
U.S. banks have available a record surplus of $1,770 billion, resulting from the difference between deposits and loans …
Lost Decade for the European economy
None of the large European economies, except Germany, was able to return to production levels before the financial …