The largest bank in the euro area hit by Standard and Poor’s
Credit rating agency Standard and Poor’s has downgraded the ratings on 16 Spanish banks after it revised down …
anthalis Archive
Over 200 million unemployed worldwide in 2012
Austerity policies shadow employment prospects in the world and about 202 million people will be unemployed this year, …
Profit for LG Q1 after two consecutive quarters of losses
LG Electronics announced yesterday financial results for the first quarter of 2012, with a net profit of $214.9 …
Silvio Berlusconi paid the Sicilian Mafia for protection
Former head of Italian government Silvio Berlusconi paid the Sicilian Mafia “significant amounts of money” for protection in …
Microsoft has exceeded expectations, made $5.1 billion in Q1 of 2012
Microsoft (NASDAQ:MSFT) profit declined slightly in the first three months of 2012, the third quarter of reporting period …
Difficult times for Nokia, dissapointing results
Finnish mobile phone manufacturer Nokia (NYSE:NOK) announced on Thursday that it recorded a net loss of 929 million …
IMF improved estimates of global growth for 2012
International Monetary Fund has slightly improved its estimate of global economic growth this year from 3.3% forecast in …
Split of Google shares to preserve leaders’ control
An unusual split of Google (NASDAQ:GOOG) shares, designed to preserve control of the founders of the largest online …
9 billion dollars of billionaires’ wealth evaporated in a week
The 20 richest billionaires in the world have lost a total of $9.1 billion this week, mainly because …
Greece was never a real threat to the euro area, the danger comes from Spain
The critical test for economic recovery plans of the euro area was never Greece but Spain and the …