BRICking investment

BRICking investment

[2013-01-08 20:20:10]
The Russia-China investment fund pioneered by the two neighboring BRIC countries in 2012 is expected to...
US banks agree an $8.5 billion foreclosure settlement

US banks agree an $8.5 billion foreclosure settlement

[2013-01-08 20:14:56]
Owners of wrongfully repossessed houses could now get up to $125,000 as ten major US banks...
Eurozone unemployment hits new record high 11.8%

Eurozone unemployment hits new record high 11.8%

[2013-01-08 20:00:29]
Unemployment in the eurozone has reached a record high, increasing to 11.8 per cent in November,...
Oldest Swiss bank closes after US tax evasion guilty plea

Oldest Swiss bank closes after US tax evasion guilty plea

[2013-01-06 00:41:58]
Switzerland’s oldest private bank, Wegelin, has announced it would “cease to operate as a bank,” following...
Cameron to make ‘damn sure’ large corporations pay UK taxes

Cameron to make ‘damn sure’ large corporations pay UK taxes

[2013-01-05 18:44:10]
British Prime Minister David Cameron has blasted the world’s most powerful multinational corporations for lacking “moral...
Sandy victims mad as hell at Congress

Sandy victims mad as hell at Congress

[2013-01-05 18:42:50]
After victims of Hurricane Sandy expressed outrage at the 112th Congress’ failure to pass the $60.4...
Obama to pay US debt with trillion-dollar coins?

Obama to pay US debt with trillion-dollar coins?

[2013-01-04 19:37:09]
With the fiscal cliff averted for now, it'll be a few weeks until the debt ceiling...
Mongolia\'s Neighbors Vie for Maximum Role

Mongolia's Neighbors Vie for Maximum Role

[2013-01-03 18:57:11]
SOGTTSETSII, Mongolia — After years of testy debate, Mongolia broke ground this spring for a railroad that will haul...
US taxes to go up in 2013 regardless of 'fiscal cliff' deal

US taxes to go up in 2013 regardless of 'fiscal cliff' deal

[2013-01-02 20:22:05]
President Barack Obama wasn’t lying when he said he’d raise taxes on the wealthiest Americans if...
France repeals 75% tax on high income

France repeals 75% tax on high income

[2012-12-30 16:58:16]
France's Constitutional Council has annulled a 75% tax rate on income above 1mn euros due to...
Market Buzz: Pre–New Year sale

Market Buzz: Pre–New Year sale

[2012-12-29 11:33:11]
Most international floors remain weighed down by the ‘fiscal cliff’ issue, with a Sunday meeting the...
Major Greek banks ask for 27.4 billion euro

Major Greek banks ask for 27.4 billion euro

[2012-12-28 20:23:31]
Greece's four largest banks need an additional €27.4 billion to overcome the losses from the country’s...
Apple fined by Chinese court over pirated books in Apps Store

Apple fined by Chinese court over pirated books in Apps Store

[2012-12-28 20:22:48]
A Chinese court has fined Apple Inc $160,400 over a copyright infringement, saying the company sold...
Iran to relocate airport after discovering oil under the tarmac

Iran to relocate airport after discovering oil under the tarmac

[2012-12-28 20:21:25]
Iranian authorities plan to relocate the city of Ahvaz airport after discovering an oil field under...
Digital ads create fortunes for an empty building in Times Square

Digital ads create fortunes for an empty building in Times Square

[2012-12-27 13:17:34]
Advertising things at the right place is proving to be a cash cow, as electronic ads...
Market Buzz: Worries on US fiscal cliff return

Market Buzz: Worries on US fiscal cliff return

[2012-12-27 13:16:04]
Russian stocks are expected to open higher Thursday amid growing oil prices and positive sentiment in...
New taxes for Americans coming in 2013

New taxes for Americans coming in 2013

[2012-12-27 13:06:03]
Congress approved US President Barack Obama’s hallmark health care bill nearly three years ago, but only...
Russian combine makers get WTO protection

Russian combine makers get WTO protection

[2012-12-26 15:22:15]
Russia has imposed a special duty on imported agricultural machinery to protect domestic manufacturers from a...
Market Buzz: Markets lulled by Christmas carols

Market Buzz: Markets lulled by Christmas carols

[2012-12-26 15:20:59]
Russian markets are expected to open flat Wednesday, with investors reluctant to make significant moves during...
Bentley sued for $2mn over failed airbags

Bentley sued for $2mn over failed airbags

[2012-12-26 15:02:32]
In a first case for Russia, a family is suing Moscow Bentley dealership for selling a...
Russia to grant unprecedented tax cuts on Arctic exploration

Russia to grant unprecedented tax cuts on Arctic exploration

[2012-12-24 19:21:54]
Russian authorities have agreed to lift all export duties for new projects in the Arctic shelf...
Lukoil refuses to take over ExxonMobil stake in Iraqi project

Lukoil refuses to take over ExxonMobil stake in Iraqi project

[2012-12-24 19:20:18]
The Russian oil producer Lukoil has turned down an offer from the Iraqi government to replace...