The sale of speculative-grade bonds surged in the US this year. The sales of junk bonds in the US surged this year. Investors bought the bonds as it had been giving better returns than investment-grade securities for seven straight months.
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Italy assures public no opposition to foreign takeovers
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Greek PM says economic pain will ease next year
Greek Prime Minister announced on Saturday that the country would return to growth next year as its would exit recession.
European leaders meet in G20 summit
European leaders had found a place to breathe their economic struggles in the G20 summit where the region's debt crisis had been on the top agenda.
Detroit lawyers filed bankruptcy protection
Detroit attorneys filed their case in the US Bankruptcy Court in Detroit last Friday for the city's request for bankruptcy protection.
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Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.
Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.
US jobs and service sector data indicated Thursday that the US Federal Reserve would be slowing its bond buying program down soon.
In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.
In an interview, Gabriele Galateri, Telecom Italia's director, sees the need for the consolidation of the European telecommunications industry.
Anthony Weiner, the NYC mayoralty candidate, got into a heated verbal exchange with a member of the Jewish community.
A PriceWaterhouseCoopers and the National Venture Capital Association news report said that venture capital in life sciences companies rose to 26% compared to last year.
The fallout from the Snowden reports indicate the National Security Agency has the capacity to intrude into any system.
Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.
