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Receiver takes over stalled Anguilla resort
SAN JUAN, Puerto Rico - Lenders have assumed ownership of a stalled luxury resort in Anguilla that has the tiny tourism-dependent island's only golf course and was codeveloped by a U.S. media mogul, officials said Monday.
Mortgage investors try to regroup
The financial wizards who concocted the complicated mortgage-linked investments that nearly brought down the world economy are trying to come back from the dead.
Sensex seesaws; techs rise, financials fall
People watch a large screen displaying India's benchmark share index on the facade of the BSE building in Mumbai January 24, 2008.
Experts evaluate details President Obama's jobs plan
The Detroit News asked three experts to evaluate whether key elements of the president's jobs agenda would help businesses create more jobs in troubled Michigan: Rob Fowler, president of the Small Business Association of Michigan, Mark Gaffney, president of the Michigan State AFL-CIO, and Charles Ballard, an economics professor at Michigan State ...
The making of a housing bubble
The making of a housing bubble Housing bubble Marcelle Faucher Most housing watchers insist Canada is not in a bubble just yet.
Banker Liverpudlian Stew Disguises CDO Scraps as Tasty...
Since its inception, the derivatives market has echoed the fairground hawkers' call to "scream if you want to go faster." Among the new derivatives, collateralized-debt obligations were particularly hot.
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Mideast tourism income to climb 89% over 10 years
Middle East: 3 hours, 36 minutes ago A new report by the World Travel and Tourism Council predicts that annual travel and tourism revenues in the Middle East will grow by 89% over the next 10 years, Emirates Business has reported.
DFM rises 0.86%
United Arab Emirates: 8 minutes ago The Dubai Financial Market gained 0.86% today to close on 1,660, with 12 stocks rising and 11 falling.
Jafza unveils online service for licence renewals
United Arab Emirates: 3 hours, 33 minutes ago An online licence renewal has been launched by the Jebel Ali Free Zone that will enable customers to complete transactions online without visiting Jafza offices.
ADX sees slight rise
United Arab Emirates: 7 minutes ago The Abu Dhabi Securities Index gained 0.56% today to close on 2,719. All sectors ended higher, led by health care, which rose 3.91%. Overall, 22 stocks finished higher, led by Abu Dhabi Ship Building, which climbed 9.83% to Dhs3.80. Six stock ended lower, with Gulf Cement leading the way with a drop of 3.64% to ...
Akbank brings together Turkish companies with Abu Dhabi's Invest AD
United Arab Emirates: 3 hours, 30 minutes ago Akbank hosted meetings this week between chief executives from over a dozen Turkish companies and Abu Dhabi financial services firm Invest AD, which is looking to step up its investments in Turkey.
Deyaar postpones distressed fund
United Arab Emirates: 2 hours, 4 minutes ago Dubai-based developer Deyaar has delayed a Dhs500m distressed property fund after international investors withdrew Dhs200m previously committed, the National has reported.
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Minn. bridge collapse widow adopts Haitian twins
Betsy Sathers wears the glow of a new mother as she perches on the couch in her family room, smiling and chatting with visitors while still managing to keep an eye on the 2-year-old twins burbling and cavorting at her feet.
How the torch lit the way for RBC
Blogs Tuesday, February 9, 2010 12:00 AM How the torch lit the way for RBC Andrew Willis W hen Royal Bank of Canada began planning the campaign that would anchor its involvement in the Vancouver Olympics, the institution faced a classic marketing conundrum.
World stocks mixed after Wall Street decline amid worries about European debt
Tokyo and Sydney were down while Shanghai and Hong Kong gained. As trading got started in Europe, France's CAC-40 and Germany's DAX were moderately lower while Britain's FTSE 100 advanced.
Live Coverage of Tuesdaya s Google Event
Google is holding a press event on Tuesday morning at the Googleplex. It's saying only that it involves "innovations in two of our most popular products." Rumor has it that it involves new features that give Gmail Twitter-like capabilities .
European stocks up cautiously on hopes for Gr
European stocks rose cautiously Tuesday on hopes that EU officials will provide Greece with some form of support to handle its mountain of debt and keep the market crisis from spreading to other vulnerable countries.
World stocks mixed after Wall Street decline
World stocks were mixed Tuesday following Wall Street's decline on lingering worries about high European debt levels.
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Oil climbs above $72 in Asia as weakening US dollar offsets doubts about economy
Oil prices rose above US$72 a barrel Tuesday in Asia as a weakening U.S. dollar offset concerns about the strength of the global economic recovery.
Obama to sign proclamation on childhood obesity
President Barack Obama will be sticking around the White House today as Washington continues to dig out from its big snowfall, and prepares for another one expected to begin this afternoon.
Economists leery of job creation proposals
Job creation proposals floated by Governor Deval Patrick and Beacon Hill Democrats were welcomed by small business advocates as a good start, even though economists said the mix of tax breaks and loans is unlikely to have much impact in turning around the overall economy.
Akbank brings together Turkish companies with Abu Dhabi's Invest AD
United Arab Emirates: 3 hours, 30 minutes ago Akbank hosted meetings this week between chief executives from over a dozen Turkish companies and Abu Dhabi financial services firm Invest AD, which is looking to step up its investments in Turkey.
If Toyota Sneezes, Will Japan Still Get Pneumonia?
KYOTO, Japan--Until the last few days, the Toyota recalls have not dominated the media in Japan as they have in the U.S. No doubt this is largely because a government-ordered recall, of the Prius, which is built and sold in Japan, was not ordered until recently.
Mongolia to Raise Up to $1.2 Billion in Bond Sale...
Mongolia plans to sell as much as $1.2 billion of bonds overseas later this year, its first benchmark offering of dollar-denominated debt, to fund infrastructure to support its mining industry, Finance Minister Sangajav Bayartsogt said.
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