Bondholders were sought protected by Mario Draghi through the European Central Bank. The European Central Bank head Mario Draghi informed the European Commission last month requesting that bondholders be spared any losses in the event a bank rescue occurs until such time an EU banking union is put in place.
Industry
Twitter's attrition rate is a challenge for investors
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
Samsung may be first but Apple set to take smart watch race
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
BP CEO Dudley advocates free market pricing for India's natural gas
In a speaking engagement in India, BP CEO Bob Dudley said market pricing of natural gas in the country is the proper way to do it.
Pope Francis sits down with ECB head Mario Draghi
Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.
Latest News
Fresh investments were promised by BP and Reliance Industries in oil and gas. The top executives of BP and Reliance Industries, CEO Bob Dudley and Chairman Mukesh Ambani respectively, jointly promised fresh investments worth up to USD10 billion in oil and gas.
Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.
Dutch insurers such as ING Groep NV and Delta Lloyd NV would have new abilities. Life insurance companies from the Netherlands, such as ING Groep NV and Delta Lloyd NV have faced tests of their financial abilities.
The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.
Named 'The Cartel', US regulators are reviewing how these individuals comprising the group may have influenced or attempted to manipulate the market.
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
The partnership of Deere Co., DuPont Co., and the Howard G. Buffett Foundation would undergo its first project in Ghana's cocoa production region.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
