Host British finance minister said that the G7 officials meeting is aimed to discuss continued reforms.
Regions
UPDATE - Bloomberg CEO Calls Access to Journalists a 'Mistake"
Bloomberg CEO Daniel Doctoroff called the access to journalists fiasco a 'mistake'. Bloomberg LP CEO Daniel Doctoroff said, after receipt of reports that users of the company terminals were investigating potential leaks of information, said that the company committed a 'mistake' by providing journalists access to data on a client's terminal usage.
Sharp Plays Both Sides to Survive
Sharp delivers screens to both Apple and Samsung, who are locked in a bitter battle, to remain profitable and viable in the new technology market.
Treasury to sell off US owned shares in GM
The Department of Treasury will sell off its shares in Detroit carmaker General Motors. The US government has sold off a major portion of its shareholdings in General Motors Co.
Gulf Coast Countries seeking to invest locally
Gulf coast countries, wary of the Euro Debt crisis and other factors, are choosing to invest at home rather than overseas.
Latest News
The EBRD is thinking of going directly to the small business man to help jumpstart the European economy.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
German exporters face tough hurdle because of the Yen's continued depreciation. The big exporters of Germany are facing a new difficulty from its Japanese competitors following the quick depreciation of Yen as against the Euro.
Delinquent loans from many countries from the former Soviet bloc are impeding the growth and development of these countries and the region.
In a move to restructure its banking industry, the Greek Central Bank is closing down FBBank. Greece, in a bid for housecleaning, has split one of its smaller lending institutions into 'good' and 'bad' parts.
Russia's Finance Minister says there is a need for Russian Parliamentary approval for any terms changed on the loan.
The Gores Group purchases Davis+Henderson Corp. In an announcement from the Gores Small Capitalization Partners, LP disclosed its purchase of Davis + Henderson Corporation's three company units in Canada.
According to Credit Suisse, the cycle of mergers and acquisitions would soon be picking up because of positive factors in the market.
Softbank waived the Alibaba IPO card to banks, saying their help in funding the rival bid can ruin their chances in participating in the highly anticipated IPO, which it owns one third of.
