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Main page » News » Topic » Economics
Treasuries Rise as Europe Crisis Fuels Safety
16.07.11 09:16 Economics
Treasuries gained, pushing 10-year note yields to the lowest level since December, as Europe’s debt crisis worsened and the Federal Reserve squelched speculation it would provide more stimulus while the economic recovery slowed.
comm: 0 Bloomberg
 
Thyssen shake-up prompts German leader to change plans
07.05.11 09:15 Economics
German President Christian Wulff cancelled a planned visit on Saturday to the steelworks of German conglomerate ThyssenKrupp AG in Rio de Janeiro after the company announced a major cost-cutting shake-up.
comm: 0 dpa
 
IMF pressures Greece to restructure debt
04.05.11 19:28 Economics
The International Monetary Fund has been pushing Athens behind the scenes to restructure its debt. The organization no longer believes that the current austerity measures and EU bailout will be enough to extract Greece from its fiscal mire.
comm: 0 SPIEGEL
 
Boeing, EADS submitting final bids for tanker contract
13.02.11 09:56 Economics
Boeing Co submitted its final bid to the Pentagon Thursday hoping to win the lucrative contract to build the next generation of Air Force refuellers.
comm: 0 dpa
 
Chinas forex reserves soar to 2.85 trillion dollars
11.01.11 11:28 Economics
Chinas foreign-exchange reserves soared by nearly 20 per cent last year to reach 2.85 trillion dollars, the central bank said on Tuesday.
comm: 0 dpa
 
Central Banks are Acquiring Gold, Dumping US Dollars
09.01.11 23:52 Economics
There is evidence that central banks in several regions of the World are building up their gold reserves. What is published are the official purchases.
comm: 0 Michel Chossudovsky
 
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
 
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