Brazil has largest number of millionaires in Latin America

Wednesday, June 25th, 2008

U.S. bank Merrill Lynch released a study on Tuesday that places Brazil top in Latin America for the largest number of millionaires. According to the study, the world currently has 10,000,000 millionaires, and the number has increase ...

Brazil has largest number of millionaires in Latin America

Wednesday, June 25th, 2008

U.S. bank Merrill Lynch released a study on Tuesday that places Brazil top in Latin America for the largest number of millionaires. According to the study, the world currently has 10,000,000 millionaires, and the number has increase ...

S Korean consumer index drops to over 7 years low in Q2

Wednesday, June 25th, 2008

South Korea's consumer sentiment fell to the lowest mark in more than seven years in the April-June period as consumers gave a negative outlook for the South Korean economy amid soaring inflation, the South Korean central bank said Wednesda ...

Israeli soldiers kill 2 Palestinian militants in Nablus

Tuesday, June 24th, 2008

A special Israeli army unit killed two Palestinian students, also members of Islamic Jihad (Holy War), in the West Bank city of Nablus early on Tuesday, witnesses and medics said. Medics at Rafidya Hospital in Nablus said Iyad Khanf ...

Fears of mass job cuts mount at investment banking as Goldman wields axe

Tuesday, June 24th, 2008

The pace of job losses in the investment banking industry is feared to accelerate over the summer after Goldman Sachs cut staff at its investment banking division last week, the Financial Times reported Monday. The Wall Street bank ...

Report: Citigroup plans to slash workforce

Tuesday, June 24th, 2008

Citigroup Inc. plans to axe 6,500 jobs, about 10 percent of 65,000 employees worldwide in its investment-banking division, the Wall Street Journal reported on its website on Sunday. Citigroup, the largest U.S. bank, has lost 15 bill ...

Report: Citigroup plans to slash workforce

Monday, June 23rd, 2008

Citigroup Inc. plans to axe 6,500 jobs, about 10 percent of 65,000 employees worldwide in its investment-banking division, the Wall Street Journal reported on its website on Sunday. Citigroup, the largest U.S. bank, has lost 15 bill ...

Algeria, France sign nuclear energy deal

Sunday, June 22nd, 2008

Algeria and France Saturday inked an agreement on the peaceful use of nuclear energy, including cooperation in research, training and uranium exploration. The nuclear accord, along with deals on military cooperation, banking and ins ...