mojeNovosti.com
Market Buzz: Russian stocks to open with gains following Wall Street’s record highs[2013-04-11 13:03:34]
Russian floors will start the day in the black after a rally on Wall Street and a positive outlook in Europe.
On April...
Cyprus to finance bailout by selling €400mn of gold reserves[2013-04-11 13:01:54]
Cyprus is going to sell 400 million euros ($525-million) worth of gold reserves to finance part of its bailout, Reuters reports citing...
WTO downgrades global trade growth in 2013 over protectionism fears[2013-04-11 13:00:47]
The World Trade Organization has downgraded its forecast for global trade growth in 2013 to 3.3% from 4.5%.
In 2012 the volume of...
First deflation in over 40 years hits Greece, reminder of recession reality[2013-04-11 12:59:13]
Greece’s consumer price indexes have decreased 0.2%, marking the first deflation since 1968. It might mean the peripheral euro economy may be...
Big cash, big crash: Bitcoin aims to enter mainstream amid massive depreciation[2013-04-11 12:25:47]
The recent crash of the decentralized currency Bitcoin in which it lost 60 percent of its value has not yet sent users...
Adieu, Bordeaux? Frances’ wine-producing areas may dry up by 2050 – study[2013-04-09 21:54:57]
In less in 40 years elegant French and Italian wines might become a memory as major wine-producing regions like Bordeaux and Tuscany...
Big Pharma made $711 bln overcharging seniors and disabled[2013-04-09 19:06:16]
The 11 largest drug companies have made $711 billion in profits in just a decade, largely due to overcharging Medicare, which does...
Market Buzz: Slight recovery to kick off week[2013-04-08 13:48:57]
Rising oil and a poor macroeconomic news background will give Russian stocks field for a slight recovery after the last week’s fall.
Russian...
Ex HBOS execs to be banned from banking[2013-04-05 17:48:44]
British lawmakers have moved to ban former HBOS bosses who made ‘toxic’ misjudgements that led to a $42 billion rescue.
The mistakes of...
China bird flu sends Europe, Asia stocks down[2013-04-05 17:47:11]
China's newest strain of avian flu, which has killed at least six people, has sent stock markets downhill. Local stocks were first...
Soros calls Japan’s aggressive stimulus plan ‘dangerous’[2013-04-05 17:42:12]
Thursday’s announcement by the Bank of Japan to deepen its aggressive economy stimulus plan was a sensation for the markets. George Soros...
Financial worries? Sleep on it! Spanish company offers mattress-safe[2013-04-05 17:23:07]
As Europe goes deeper into recession a Spanish company has found a way to cash in on the crisis. A mattress with...
Left out in cold: Crisis has Greeks foraging forest for heat source[2013-04-04 21:25:16]
Austerity measures and spiraling unemployment have left many Greeks without the means to pay for heating. In desperation some have taken to...
Monsanto announces huge profits despite public backlash[2013-04-04 21:12:38]
Amid widespread protests against the ‘Monsanto Protection Act’, the biotech giant has reported a 22 percent increase in net profits – an...
Where will it burst next? Arkansas oil spill sheds light on aging US pipelines[2013-04-02 21:10:49]
The Exxon oil spill in Mayflower, Arkansas has left many concerned about the state of America’s pipelines, and whether a similar catastrophe...
California city becomes America's largest, latest to enter bankruptcy[2013-04-02 20:32:56]
A federal judge has ruled that Stockton, California will be allowed to enter bankruptcy. The city, located near San Francisco and home...
'Challenging the dollar': Bitcoin total value tops $1 billion[2013-03-31 20:04:57]
Already bigger than many sovereign currencies, Bitcoin has broken the $1 billion in value mark this week. In the wake of continuing...
American shale gas project is a bubble about to burst – Gazprom CEO[2013-03-30 20:16:19]
The extraction of shale gas in the US is unprofitable and this “soap bubble will burst soon,” believes the CEO of Russian...
France’s President Hollande finds loophole to impose 75% tax on the rich[2013-03-30 20:15:16]
The 75% super-tax on the mega-rich, which was rejected by France's constitutional court might be imposed anyway. French President Francois Hollande suggests...
Battle looms over Swedish Tele2’s $3.5bn business in Russia[2013-03-30 20:14:05]
Swedish Nordic telecom is exiting the Russian market and selling its subsidiary Tele2. Competition is growing among potential buyers: VTB reportedly agreed...
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