Archive for December 2012
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Standard & Poor's on Thursday revised down its sovereign credit outlook for the United Kingdom's AAA rating to negative from stable citing the potential for delayed and uneven economic recovery. S&P said the revision was
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The next head of the World Trade Organisation will certainly come from somewhere other than Europe, EU Trade Commissioner Karel De Gucht said Thursday. Pascal Lamy, a French national who has served two four-year terms
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Top central banks around the world on Thursday renewed a series of currency swap lines set up during the 2007-2009 financial crisis, providing a precaution against future market strains. The US Federal Reserve said it
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Top central banks around the world on Thursday renewed a series of currency swap lines set up during the 2007-2009 financial crisis, providing a precaution against future market strains. The US Federal Reserve said it
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Britain lifted its ban on shale gas exploration on Thursday as it aims to become a European leader in a sector that has transformed the US energy market and counter a fall in the UK's
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A Saudi Arabian investment company has set up a joint venture with SAHO, a Siberian grain producer, to ship Russian wheat and barley to the Middle East and North Africa, the two companies said on
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Saudi Arabia on Thursday began aluminium production at its first smelter built through a joint venture between the Saudi Arabian Mining Company (Ma'aden) and US giant Alcoa, a statement said. "Today we see the first
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Google Maps returned to the iPhone Thursday, allowing users to replace a glitch-ridden Apple program panned for omitting key landmarks and sending people in wrong directions. "People around the world have been asking for Google
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Google Maps returned to the iPhone Thursday, allowing users to replace a glitch-ridden Apple program panned for omitting key landmarks and sending people in wrong directions. "People around the world have been asking for Google
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Mitsubishi UFJ, Japan's biggest bank, must pay US authorities a fine totalling some 8.6 million dollars for flouting US sanctions on Iran, Sudan, Myanmar and Cuba, the US Treasury Department said Wednesday. Bank of Tokyo-Mitsubish-UFJ
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