Industry

BP PLC And Royal Dutch Shell Halted Funds For Investments

BP PLC and Royal Dutch Shell opted to hold funds for four current investments Royal Dutch Shell and BP PLC halted funds for four separate investments, executives at BP and Royal Dutch Shell said in interviews.


Greece To Seek Aid From Foreign Lenders

On Sunday, Greek and EU officials said that Greece is likely to reach a deal with foreign lenders regarding its bailout review.

German Bundesbank Head Warns of ECB intervention

Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.

European Banking Authority to create banker database

To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.


Latest News

According to data shown by the US government, higher jobs were created last June that totaled to 195,000 from the previous forecasted of 165,000 job generation.
The interest rates of US are expected to increase within 14 months that should have the world brace for prolonged dollar surge.
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.
In a meeting between British investors and state officials, opportunities for investments in Andhra Pradesh were discussed.
Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
China and Switzerland signed in a free trade agreement today in Beijing. A new free trade agreement was signed by the governments of China and Switzerland today.
Investors said that the bond yield spike brought about by new jobs are signals to prepare their portfolios.
Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
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