Major depositors in Cyprus's biggest bank will lose around 60 per cent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks but saved the island from bankruptcy. ...
04:08 AM, Mar 31, 2013
New York: The incredible shrinking bank may have to shrink more. In the hours after surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank. Pandit left after a series of embarrassments and missteps that apparently unsettled Citigroup's board, including a "no" vote from shareholders on his pay package and a ruling from the Federal...
11:50 PM, Oct 17, 2012
Google reported a quarterly profit that rose from year-earlier results. ...
11:10 AM, Oct 16, 2009
Moody's says that there is always the risk of another financial shockwave. ...
08:28 PM, Sep 21, 2009
Glam wheels are the ultimate aspiration for many even in tough times. ...
11:07 PM, Mar 31, 2009
Once foreign companies stabilise, they will be interested in India and China. ...
05:00 PM, Mar 19, 2009
The survey says emerging economies will buy most corporate assets. ...
04:09 PM, Mar 19, 2009
Due to the financial meltdown only 22 road projects have got positive bidding. ...
03:29 PM, Mar 18, 2009
Citig is in talks that could see the US government boost its stake to 40 per cent. ...
08:31 PM, Feb 23, 2009
The net employment index in the country has tanked 30 percent over the last quarter. ...
01:08 AM, Jan 30, 2009
Citigroup's stock have zoomed up 57 per cent on Monday. ...
12:44 PM, Nov 25, 2008
Leaders had great hopes from the emergency summit hosted by Bush. ...
08:21 PM, Nov 16, 2008
Farmers are not worst hit yet, but may suffer for fertilizer etc soon. ...
05:13 PM, Nov 14, 2008
A technical recession is defined as two consecutive quarters of negative growth. ...
06:41 PM, Nov 13, 2008
In Asia, a tourism downturn hits airlines, high end shopping and resorts. ...
06:26 PM, Nov 13, 2008
Many countries say they need to increase marketing budgets. ...
11:32 AM, Nov 13, 2008
The financial meltdown has affected the local markets and employment. ...
02:29 PM, Nov 10, 2008
The two got assurances from US President elect Barack Obama. ...
11:05 AM, Nov 08, 2008
Finance professionals will step into the ring as part of a charity event. ...
12:13 PM, Nov 01, 2008
