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European banks

How the EU Plans to Turn $26 Billion Into $390 Billion

24/11/2014(0)
The European Union is planning a 21 billion-euro ($26 billion) fund to share the risks of new projects with private investors, two EU officials said. The new entity is ... Read More
Russia image

Russia puts losses at up to $140 billion from Western sanctions, oil price fall: minister

24/11/2014(0)
Russia is suffering losses at a rate of about $40 billion per year because of Western sanctions and $90-100 billion from the drop in the oil price, Finance Minister Anton Siluanov said ... Read More
oil

OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico

24/11/2014(0)
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the ... Read More
Abe - japan

Japan PM Shinzo Abe dissolves parliament for election

21/11/2014(0)
Japan’s Prime Minister Shinzo Abe has dissolved parliament, paving the way for a snap election. Mr Abe is seeking a new mandate for economic reforms and is delaying an ... Read More
Air-Arabia-airraft-lr

Dubai Islamic Bank signs $230 million aircraft financing deal with Air Arabia

19/11/2014(0)
Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to facilitate the delivery of six new Airbus A320 aircrafts in 2015.The signing ... Read More
japanese flower shop

In Japan, Moves to Stimulate Economy Reach a Critical Stage

06/11/2014(0)
In Japan – Hiroyuki Hara has increased prices at his flower shop in recent months, part of a broad reversal of the deflation that has long plagued Japan’s economy. ... Read More
court-sanctions

Trio of Russian state-owned banks take EU to court over sanctions

29/10/2014(0)
Three Russian major state-owned institutions – Sberbank, VTB and Vnesheconombank – have announced that they have filed lawsuits with an EU court to contest sanctions the European Union imposed ... Read More
canada

Bank of Canada maintains overnight rate target at 1 per cent

22/10/2014(0)
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent ... Read More
Boeing image

Boeing’s profit jumps 18 percent; raises 2014 earnings forecast again

22/10/2014(0)
Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand. The company ... Read More
chart_api

Lower printer sales hurt Xerox’s revenue

25/07/2014(0)
Xerox Corp (XRX.N) reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or ... Read More
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