Investors
Gazprom to be investigated by European Commission
Allegations of anti-competitive activity would be investigated on by the European Commission. A formal statement is being prepared by the European Commission for Gazprom to inform them that allegations have been raised regarding anti-competitive gas pricing.
Italy assures public no opposition to foreign takeovers
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Generali to sell Telecom stake if no convincing plan is proposed
Generali Chairman Gabriele Galateri said that it had planned to exit the company through a stake sale unless it comes up with a convincing business plan.
Greek PM says economic pain will ease next year
Greek Prime Minister announced on Saturday that the country would return to growth next year as its would exit recession.
Latest News
The 53 year old American Actor Dough Hutchison was reported to be "freaking out" after his teenage wife became too independent from him while inside the Celebrity Big Brother house.
Three more IMAX theaters to be built in the Middle East region. In an announcement, IMAX Corporation and Gulf Film formalized an expansion of their partnership through a revenue share agreement.
General Mills announced last Friday that the company had voluntarily recalled its cinnamon roll products.
The UAE railway network's first phase has been completed. The first phase of the multi-billion dollar rail network for UAE is acheduled for inauguration for the end of 2013.
Reuters columnist James Saft wrote in his latest column that a reform change, and not a new central bank governor, could help the falling rupee and the Indian economy.
Two top US Federal Reserve officials said last Wednesday that they were open-minded in implementing the proposed stimulus reduction this month.
Reserve Bank of Australia's (RBA) statement on its national currency prompted an opposite reaction to the Aussie dollar and borrowing rates.
The sale of speculative-grade bonds surged in the US this year. The sales of junk bonds in the US surged this year. Investors bought the bonds as it had been giving better returns than investment-grade securities for seven straight months.
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.