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Indian-origin economist appointed Trinidad bank governor


July 15th, 2012 - 4:36 pm ICT by IANS
Port of Spain, July 15 (IANS) Jwala Ramberran, a 45-year-old economist of Indian origin, has been appointed by Prime Minister Kamla Persad-Bissessar as the next governor of the Central Bank ... Read more...

Posted in Business |

AIG pays back $1.5 bn to US Treasury


March 23rd, 2012 - 2:58 pm ICT by IANS
Washington, March 23 (IANS) The US Treasury Department said Thursday that American International Group (AIG) repaid an additional $1.5 billion, a further step to exit from the government's financial rescue ... Read more...

Posted in Business |

US lawyers’ group warns of accumulated student loan debt


March 14th, 2012 - 12:10 pm ICT by IANS
Washington, March 14 (IANS/EFE) The National Association of Consumer Bankruptcy Attorneys warned of the danger posed by the accumulated student loan debt in the US.A recent report from NACBA underlines ... Read more...

Posted in Business |

US official warns against perils of ‘financial crisis amnesia’


March 3rd, 2012 - 1:40 pm ICT by IANS
Washington, March 3 (IANS) US Treasury Secretary Timothy Geithner has cautioned against the perils of "financial crisis amnesia" in the wake of complaints from those attempting to weaken or repeal ... Read more...

Posted in Business |

US Jobs report says that unemployment rate drops to 9.1%


August 5th, 2011 - 9:58 pm ICT by Aishwarya Bhatt
New York, Aug 5 (THAINDIAN NEWS) The US unemployment rate has dropped to 9.1% after about 117,000 nonfarm jobs were added to the economy in July. The job market performed much better ... Read more...

Posted in Business |

US stocks drop on economy worries


May 17th, 2011 - 5:47 am ICT by IANS
New York, May 17 (IANS) US stocks fell Monday, with the tech-heavy Nasdaq leading the decliners, as weaker-than-expected economic data made investors worry about the strength of the US economy, ... Read more...

Posted in Business |

Warren Buffett Reduces Stock In Capital Goods Entities, Shows 2010 Regulatory Filing


November 16th, 2010 - 8:17 pm ICT by GD
By Ranjan Bhaduri Nov 16, (THAINDIAN NEWS) Warren Buffett led Berkshire Hathaway has sold its shares in capital goods, consumer durables and industrial sector in the third quarter of this year. A regulatory ... Read more...

Posted in Business |

New York State Unemployment Rate Down, Benefits Extended


July 24th, 2010 - 12:07 am ICT by Angela Kaye Mason
July 23 (THAINDIAN NEWS) After the discovery that the unemployment rate for New York State has gone down, the benefits for the state’s unemployment has been extended for those who ... Read more...

Posted in Politics |

New York State unemployment rate decreases, Obama signs extension which would benefit the unemployed


July 23rd, 2010 - 11:44 pm ICT by Aishwarya Bhatt
Washington DC, July 23 (THAINDIAN NEWS) In some good news the New York State unemployment rate has declined slightly to close at just 8.3% which is less than the 8.5% threshold.And ... Read more...

Posted in Politics |

South Indian Bank ties up with US bank


June 17th, 2010 - 1:38 pm ICT by IANS
Trissur (Kerala), June 17 (IANS) South Indian Bank has tied up with Bank of New York Mellon to facilitate remittances from the US to India. V.A. Joseph, the bank's managing director, told IANS ... Read more...

Posted in Business |

Husband of Greg Norman’s new lover troubled by split


April 24th, 2010 - 4:53 pm ICT by ANI
Melbourne, Apr 24 (ANI): The former husband of golfing legend Greg Norman's new lover, Kirsten Kutner, is traumatised by his split.'Senior financier Neal Kutner is troubled by his split with Sydney's glamorous ... Read more...

Posted in Sports |

US stocks surge on financials, energy, manufacturing data


February 17th, 2010 - 8:24 am ICT by IANS
New York, Feb 17 (DPA) US stocks rose strongly Tuesday amid some positive manufacturing data from New York and gains in financial shares and commodities. Bank of America led the financial gains after ... Read more...

Posted in Business |

US stocks plunge amid commodity and industrial sell-off


June 16th, 2009 - 7:25 am ICT by IANS
New York, June 16 (DPA) US stocks tumbled Monday by the most in a month, led by sell-offs of commodity and industrial companies. The drop pushed the Dow Jones Industrial Average back into ... Read more...

Posted in Business |

US comes to the aid of AIG hit by record $62 bn loss


March 2nd, 2009 - 10:20 pm ICT by IANS
Washington, March 2 (IANS) As American International Group (AIG) reported a stunning $61.7 billion quarterly loss - the biggest quarterly loss in corporate history, the US government agreed to pump in another ... Read more...

Posted in World |

Obama’s bailout plan to ‘involve risk, take time’


February 10th, 2009 - 11:54 pm ICT by IANS
Washington, Feb 10 (IANS) The Barack Obama administration Tuesday unveiled an overhauled $700 billion financial-rescue fund promising a "comprehensive" attack on the financial crisis, but warned its strategy will "cost money, involve ... Read more...

Posted in World |

Obama taps Geithner for Treasury, Richardson for Commerce


November 22nd, 2008 - 1:42 pm ICT by ANI
Chicago, Nov.22 (ANI): US President-elect Barack Obama has reportedly zeroed in on his picks for Treasury and Commerce secretaries. According to Fox News, Obama will nominate Tim Geithner, the president of the ... Read more...

Posted in National |

Citigroup is big trustee to Lehman debt


September 16th, 2008 - 6:14 pm ICT by IANS
New York, Sep 16 (IANS) Citigroup and Bank of New York Mellon are trustees to $138 billion of Lehman Brothers' bonds, the biggest on the list of unsecured creditors, according to a ... Read more...

Posted in World |

US threatens to hold Iraqs 50bn dollars if it refuses to sign a secret deal


June 6th, 2008 - 1:42 pm ICT by ANI
London, June 6 (ANI): The US is holding around 50 billion dollars of Iraq's money in the Federal Reserve Bank of New York with a view to pressurizing Baghdad to sign ... Read more...

Posted in Health Science |

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