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Main page » News » Topic » Economics
Wounded oil giant BP heads for uncertain future
28.07.10 09:10 Economics
BP Plc, the multinational oil giant that was once the pride of corporate Britain, has been battling to restore its reputation and financial health.
comm: 0 dpa
 
BP to start drilling off Libya
25.07.10 17:00 Economics
BP will start drilling off the Libyan coast within a few weeks, the Financial Times reported Saturday, amid a row over the oil giants connections to the north African state.
comm: 0 AFP
 
BP accused of trying to silence scientists on spill
23.07.10 21:42 Economics
The head of the American Association of Professors accused BP Friday of trying to buy the silence of scientists and academics to protect itself after the Gulf oil spill, in a BBC interview.
comm: 0 AFP
 
Four oil giants to set up non-profit oil spill response unit
22.07.10 11:58 Economics
Exxon Mobil, Chevron, ConocoPhillips and Royal Dutch Shell announced they would each contribute 250 million dollars to create a non-profit group, the Marine Well Containment Company, to contain oil. BP was not included in the plans.
comm: 0 AFP
 
Buffett Says Goldman Is Counterparty on Equity Derivatives
03.05.10 09:37 Economics
Warren Buffett said Goldman Sachs Group Inc. is among the counterparties on derivative trades that contributed last year to a first-quarter loss at his Berkshire Hathaway Inc.
comm: 0 Bloomberg
 
Goldman shares plummet amid reports of criminal probe
30.04.10 23:39 Economics
Shares of Goldman Sachs slumped on Friday amid reports that the under-fire investment bank faced a criminal probe into its mortgage dealings ahead of the 2008 financial crisis.
comm: 0 dpa
 
Emerging economic powers call for "new international order"
17.04.10 10:30 Economics
They plan to demand more power for emerging and developing countries in global decision-making bodies.
comm: 0 dpa
 
50 US banks closed this year
17.04.10 10:28 Economics
The number of banks that have succumbed to the financial crisis this year hit 50 late Friday, US banking regulators said.
comm: 0 dpa
 
Pentagon extends tanker deadline to accommodate EADS
02.04.10 12:13 Economics
The US Defence Department said Wednesday it was willing to issue a 60-day extension of the deadline for bids on a lucrative contract to build the next generation of aerial refuellers.
comm: 0 dpa
 
Zuma ends state visit to Britain with talks on business and aid
06.03.10 22:19 Economics
South African President Jacob Zuma ended his state visit to Britain Friday with talks with business leaders and an exchange of views on the environment and youth opportunities with Prince Charles.
comm: 0 dpa
 
William Engdahl: Wall Street in death agony as Worlds financial fulcrum
20.02.10 09:40 Economics
According to recent revelations, Greece has been masking its vast debts. Just after adopting the euro in 2001, Athens secretely borrowed billions from Goldman Sachs but without declaring it as a loan.
comm: 0 RussiaToday
 
Obama pushes new bank regulation
23.01.10 09:31 Economics
US President Barack Obama has proposed significant new curbs on the activities of banks to try to prevent future financial crises.
comm: 0 BBC NEWS
 
Bank chiefs hauled before Congress to answer for financial crisis
14.01.10 12:22 Economics
Wall Streets top bankers on Wednesday faced a confrontational congressional panel tasked with getting to the bottom of a financial crisis that plunged the world into a devastating recession.
comm: 0 dpa
 
Somali sea gangs lure investors at pirate lair
02.12.09 15:24 Economics
- In Somalia′s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.
comm: 0 Reuters
 
Société Générale tells clients how to prepare for potential ′global collapse′
19.11.09 22:16 Economics
Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.
comm: 0 Ambrose Evans-Pritchard
 
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