Archive for December 2012
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Police in Sri Lanka arrested at least 114 Chinese nationals over an alleged Internet currency fraud, during a string of raids in and around Colombo, officials said on Saturday. The arrests were made after Chinese
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The European Commission will propose giving Spain, France and several other eurozone states more time to cut their public deficits below the target limit of 3 percent of GDP, newspaper El Pais said on Saturday.
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The top US derivatives regulator on Friday gave foreign banks more time to meet new derivative trading rules that had earlier sparked fears that international financial markets could pull away from US banks. The Commodity
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The top US derivatives regulator on Friday gave foreign banks more time to meet new derivative trading rules that had earlier sparked fears that international financial markets could pull away from US banks. The Commodity
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Mexico has nominated a former minister who led the country's negotiations on the North American Free Trade Agreement to take over the helm of the World Trade Organisation, the WTO said Saturday. Herminio Blanco Mendoza
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A US judge on Friday gave final approval to BP Plc's settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only addressed the settlement
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Rigorous new sanctions against Iran's banking, shipping and industrial sectors took effect on Saturday, as part of the European Union's effort to force Tehran to scale back its nuclear programme. The sanctions, agreed in October,
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The Massachusetts pharmacy linked to a deadly US meningitis outbreak filed for Chapter 11 bankruptcy on Friday and said it would establish a fund to compensate victims. According to the Centers for Disease Control and
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Colombia's central bank cut its key interest rate on Friday for a second straight month to protect the economy from a global slowdown that has chipped away at domestic demand and overseas sales. The board
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Greece's biggest lender National Bank on Friday said it had posted a nine-month loss of 2.45 billion euros ($3.2 billion) while number two Alpha Bank said it had lost 711.8 million over the same period.
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