Eurozone offers Spains 30 bn euros for banks
Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.
10 July 2012
Brent below $100 as Norway strike ends
Brent crude fell below $100 in Asia Tuesday, hours after a Norwegian crude supply disruption due to an oil workers' strike was ended by the government.
Toshiba fined in US antitrust case
Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.
07 July 2012
New Greek government pins hopes on privatisations
Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.
06 July 2012
Taiwan's HTC pleased with UK court victory over Apple
Taiwan's leading smartphone maker HTC Thursday hailed as a victory a British court ruling that it did not infringe on a patent owned by the US technology giant Apple.
06 July 2012
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TENGRI TRAVEL
Manchester United plays for dollars in US IPO
Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.
Barclays chairman resigns over rate rigging scandal
Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.
03 July 2012
Israel sought $1 billion IMF loan for Palestinians
Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.