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Russia and Italy seal 1 billion euro investment fund[2013-11-27 11:03:42]
Russia and Italy have agreed to set up a mutual investment fund worth 1 billion euros, aimed at boosting trade and investment...
Back in business: What Iran deal means and who benefits from it[2013-11-27 11:01:13]
The preliminary deal with Iran over its nuclear program puts it back in business, at least for the next six months. The...
US bank customers to pay for deposits if ‘easy money’ fades away[2013-11-27 11:00:08]
Americans may have to start paying to keep money in the bank. Retail banks have warned they might need to start charging...
Fertilizer feud nears end as 'potash hostage' back to Russia[2013-11-23 14:04:39]
Belarus has extradited Uralkali CEO Vladislav Baumgertner to Moscow after being held hostage in Minsk in the so-called "potash war&
US jury awards Apple $290 mn compensation, Samsung intends to appeal[2013-11-23 14:03:29]
After a long court hearing over allegations Samsung violated Apple patents, a US jury has awarded the US tech giant $290 million....
Putin victorious as Ukraine postpones ‘trade suicide’, halts talks with EU[2013-11-23 14:00:25]
Facing its most important economic crossroads since the collapse of the Soviet Union, Kiev has aligned itself closer to Russia, and has...
Busted: JPMorgan inks record $13bn settlement[2013-11-20 22:32:23]
JPMorgan Chase & Co. has agreed to the details of a $13 billion settlement for selling "bad loans" before the US financial...
Apple of discord: Corp tries to trademark ‘Apple’ in Russian, angers existing political party[2013-11-20 21:24:18]
Apple has a legal battle on its hands after trying to register its brand name in Russian, invoking the ire of one...
Record $1bn payout expected as Russian regulator pulls plug on ‘dubious’ bank[2013-11-20 02:14:11]
Russia’s Central Bank (CBR) has revoked the license of Master Bank over $61 million in alleged illegal banking transactions. Over
What crisis? Billionaires’ fortunes double since 2009[2013-11-12 16:51:58]
Amidst a sea of lost jobs, slashed wages and austerity measures, the super-rich seem super-resistant, with their wealth doubling since t
Bitcoin boom: Virtual currency hits all-time high of $309[2013-11-07 17:29:08]
The value of Bitcoin virtual currency has increased 20-fold in the past year and hit an all-time high of $309.68 on Mt....
Russia breaks oil output record[2013-11-03 20:33:58]
Russian oil output, the largest in the world, reached 10.59 million bpd (barrels per day) in October, setting the record for the...
‘Rockstar’ patent war: Microsoft and Apple sue Google[2013-11-03 20:32:56]
The Rockstar consortium made up of Apple, Microsoft, Blackberry, Ericsson and Sony, is taking aim at Samsung, HTC, and Google for allege...
Ukraine U-turn: Gazprom kicks off Bulgarian part of South Stream[2013-11-01 15:19:27]
Gazprom, Russia’s state-owned natural gas giant has broken ground on the €3.5 billion Bulgarian onshore section of the South
Fannie Mae sues 9 leading world banks over $800mn loss from Libor rigging[2013-11-01 15:10:30]
US mortgage agency Fannie Mae has filed a lawsuit against nine of world’s biggest banks, citing $800 million in losses it claims...
EU calls for suspension of multi-billion ‘Safe Harbor’ deal over NSA spying[2013-10-31 19:26:49]
EU leaders are calling for the suspension of a trade pact with the US worth billions of dollars over NSA spying. The...
Gazprom named the most valuable Russian brand[2013-10-30 20:43:42]
The world's leading brand consultancy Interbrand says the Gazprom trademark is Russia’s strongest brand with an estimated value of
US to stop financing foreign coal projects[2013-10-30 19:45:02]
The US is ending financing the majority of overseas coal projects, reducing the dirtiest carbon emissions, blamed as the number one glob...
Russia to invest $1.5bn in Ecuador energy[2013-10-30 19:30:09]
Russia plans to invest up to $1.5 billion into new domestic energy projects in Ecuador, making the South American country a key...
$18bn question: Is Detroit eligible for bankruptcy?[2013-10-28 10:02:32]
Those who run America’s once flourishing auto capital need to prove Detroit is legitimately bankrupt in order to restructure its $
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