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Disgraced Banker Madoff Under House Arrest for $50bn Fraud
After being charged with fraud and duping investors to tune of $50 billion, high profile Wall street investment manager Bernard Madoff has been put under house arrest yesterday. Last week the founder of...
Bank of America to Cut 35,000 Jobs by 2011
NEW YORK - Bank of America said yesterday taht it will eliminate 3,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co. An announcement... ahoo holder urges search unit sale to Microsoft
"AP Yahoo holder urges search unit sale to MicrosoftWednesday December 10, 8:55 am ET Yahoo shareholder urges board to pursue selling search unit to Microsoft LOS ANGELES (AP) -- One of Yahoo Inc.'s largest shareholders, Ivory Investment Management LP, is urging the Internet... More savings, investment stressed in Myanmar in face of global financial crisis
Financial crisis has affect many other countries,thosa people who are working other countries,they are coming back there countries for the job. " The official newspaper New Light of Myanmar Wednesday stressed the need for the country to work for more savings and investment...
created by anamika.mis15 | 4 years ago | updated 4 years ago
243 views | 1 recommendation | 0 comments
243 views | 1 recommendation | 0 comments
T&C Investment Holding JSC - T&C Group
T&C Investment Holding JSC - T&C Group Address: A1, 128 Thuy Khue Street, Tay Ho District, Hanoi, Vietnam Chartered Capital: VND 300,000,000,000 ~ USD 18,750,000 (as of July, 2007) Our Members: 1. Komatsu VietNam JSC, 2. T&C Trading Used Equipment JSC, 3. Phan... 506 views | 0 recommendations | 0 comments
Merrill, BofA Shareholders Approve the Combination
The Shareholders of both Merrill Lynch & Co. and Bank of America have approved the sale of Merrill to Bank of America, this friday Dec, 5. This will in turn create the U.S. largest financial-services firm.... Credit Suisse to sack 5,300 employees
The sacking spree is spreading like wild fire all over the world.The Swiss financial giant is going to fire there trusted employees in the name of crisis."Troubled Swiss banking giant Credit Suisse has said it is... Stocks Biggest Week Ever Since 1974 and Auto Bailout Nearing
"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than... This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...New players challenge world order
[New players challenge world order Brazil, Russia, India and China, the so-called Brics, are predicted to emerge as major world players by 2050. In this,... Colombia declares emergency over investment scams
As tension mounted and disturbances erupted in 12 states over the alleged pyramid multimillion-dollar investment scams, the Colombian government was forced to declare an emergency. "President Alvaro Uribe's office... Shanghai infrastructure placed in the fast lane
I am in Shanghai these days. Seeing all the construction around, I am quite wary of the way the city is shaping up, demolishing old neighbourhoods and going highrise. This bit of news about the city's investment...
created by rumana husain | 4 years ago | updated 4 years ago
1719 views | 15 recommendations | 3 comments
1719 views | 15 recommendations | 3 comments
We can kick start the economy with cash, Brown urges world leaders
UK prime minister Gordon Brown is making the case that Britain will have to undertake a stimulus package similiar to that being proposed in other countries in order to revive the economy. But so far, the specifics of how this would be done haven't been desctribed. Brown could...
created by Dave Keating | 4 years ago | updated 4 years ago
115 views | 0 recommendations | 0 comments
115 views | 0 recommendations | 0 comments
Karachi Nazim, Mustafa Kamal placed among top-three world mayors
"KARACHI: Reputed journal, Foreign Policy in its report has declared Karachi Nazim, Syed Mustafa Kamal the second best mayor of the year 2008 world.Foreign Policy report titled ‘The Mayor of the moment’ said that Germany’s Berlin City Mayor, Klaus Wowereit, 55 topped... Stocks plunge anew as recession worries resurface
"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...
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