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Dell buyout highlights PC sector woes: analysts Dell's plan to take the computer giant private offers an opportunity to return to its start-up roots, but won't solve the fundamental problems facing the company and the PC sector.
06 February 2013
Photo courtesy of messele.com S&P faces US govt suit over mortgage bond ratings The US government plans to sue Standard & Poor's over its rating of mortgage bonds at the heart of the 2008 financial crisis.
05 February 2013
Iran's Central Bank Governor Tahmasb Mazaheri. ©REUTERS Ex-Iran bank chief found with $70 mln cheque: report The former head of Iran's central bank, Tahmasb Mazaheri, has been found in possession of a cheque worth 54 million euros ($70 million) by German authorities.
04 February 2013
Europe will get its money back says Bank of Greece Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
01 February 2013
Government House. © Daniyal Okassov Kazakhstan planning to issue $1 billion of Eurobonds in 2013 We believe it possible to issue sovereign Eurobonds in the H1 2013 to finance the budget deficit and set a benchmark for Kazakhstan’s issuers: Finance Minister.
30 January 2013
Japan cabinet to approve $1.02 trillion annual budget Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
30 January 2013
Zimbabwe has $217 in the bank: Finance Minister After paying public workers' salaries last week, the balance in cash-strapped Zimbabwe's government public account stood at just $217.
30 January 2013
Yahoo! shares bounce as profit tops expectations Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
30 January 2013
Photo courtesy of Kazakhstan Emergency Situations Ministry© Over $2 million allocated for floods protection in Almaty oblast Over 300 million tenge ($2 million) have been set aside for prevention of emergency situations in Almaty oblast.
29 January 2013
Kazakhstan Minister of Education and Science Bakytzhan Zhumagulov. Photo by Danial Okassov© Kazakhstan increaseed funding of science 2.5-fold in two years Minister of Education and Science Bakytzhan Zhumagulov talked about development of science in Kazakhstan.
29 January 2013
Kairat Lama Sharif. Photo courtesy of flickr.com Believers will control finances of Kazakhstan's religious unions Revision commissions made up of members of the parish will take control over the money received by religious unions.
28 January 2013
©REUTERS Starbucks may pull British investment over tax issue: report Starbucks has threatened to suspend millions of pounds of investment in Britain over what it sees as unfair targeting by Prime Minister David Cameron over its tax affairs.
27 January 2013
Apple loses world's most valuable company crown Apple shares extended their losses Friday, ending a miserable week for the California tech giant as it surrendered its position as the world's biggest company based on market value.
27 January 2013
©REUTERS Music industry finally on road to recovery News that the global music industry has finally turned the corner and is on the road to recovery should help get the annual four-day gathering of many of the world's top music execs at the MIDEM trade fair.
26 January 2013
Photo courtesy of hdwpapers.com Football: Real Madrid break 500m-euro mark to top money list Real Madrid have become the first club in any sport to generate more than 500 million euros in revenue in a single year.
25 January 2013
©REUTERS Google 2012 revenue hits $50 billion, profits up Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.
24 January 2013
World jobless number seen rising to record high in 2013: ILO Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year.
23 January 2013
Cathay asks crew to volunteer for early retirement Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.
22 January 2013
BoJ starts first meeting under new Japan government The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.
22 January 2013
House Majority Leader Eric Cantor. ©REUTERS US House Republicans back 3-month debt limit rise Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
19 January 2013
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