European banks borrow 50 billion dollars from the ECB
European banks borrowed over 50 billion dollars on Wednesday from the European Central Bank (ECB), the first offering …
ali Archive
HSBC advised elders to invest in products whose duration exceeded their life expectancy
HSBC Group was fined 10.5 million pounds ($16.4 million) by the financial authority in the UK, because it …
Roubini: Italy debt must be restructured by 25%
Starting from the idea that Italy’s public debt un-sustainability is a fact increasingly clear, the economist Nouriel Roubini, …
Buffett bought $10 billion worth of IBM stock
Berkshire Hathaway company, owned by Warren Buffett has invested $10.7 billion worth of IBM shares since March, amassing …
MarketWatch: “Italy is bankrupt”
“When a man has survived so many corruption scandals, financial or sexual as Silvio Berlusconi did in the …
Three billion fine for British drug manufacturer GlaxoSmithKline
British drug manufacturer GlaxoSmithKline (NYSE:GSK) has agreed to pay U.S. government $3 billion (2.18 billion euros) to drop …
Chinese millionaires consider immigrating
More than half of the Chinese millionaires consider the possibility to immigrate or have already taken steps to …
The dollar recorded in October the biggest decline in 12 years
As September was one of the best ever for the U.S. dollar, the situation has changed dramatically in October, …
U.S. economy, 2.5% growth in the third quarter
The U.S. economy advanced by 2.5% in the third quarter, an annualized rate fast enough to dispel fears …
Arrest warrant for former Pakistani President Pervez Musharraf
A Pakistani court issued on Friday an arrest warrant against former President Pervez Musharraf and the former Prime …