‘Dr Doom’ Nouriel Roubini says that the ‘perfect storm’ is brewing now
July 10th, 2012 - 8:06 pm ICT by Aishwarya Bhatt
New York, July 10 (THAINDIAN NEWS) Dr Doom – Nouriel Roubini may have gotten it right after all. He had predicted about a ‘perfect storm’ and now he says that it is ... Read more...
Posted in Business |
3i Infotech to sell US unit for $137 mn
May 16th, 2011 - 1:59 pm ICT by IANS
Mumbai, May 16 (IANS) Indian software services firm 3i Infotech Monday said it had signed an agreement to sell its US-based global billing and payments unit for $137 million to ... Read more...
Posted in Business |
Ukrainian tycoon buys Britain’s costliest apartment
April 19th, 2011 - 10:50 pm ICT by IANS
Donetsk (Ukraine), April 19 (IANS) Ukrainian tycoon Rinat Akhmetov has purchased Britain's most expensive apartment for over $220 million.Though the three-storey apartment in the luxury One Hyde Park residential complex ... Read more...
Posted in Uncategorized |
Hedge Fund Managers Arrested in Insider Case
February 9th, 2011 - 2:09 am ICT by Angela Kaye Mason
Feb 8 (THAINDAN NEWS) A report from Reuters reveals the latest developments in the hedge fund trading activities, with the news that two of the hedge fund managers were arrested and charged ... Read more...
Posted in Business |
Diamondback Capital Raided By FBI
November 23rd, 2010 - 6:31 pm ICT by GD
By Madhuri Dey
Nov 23, (THAINDIAN NEWS) Monday saw three important raids by the Federal Bureau of Investigation. The FBI raided the offices of the three important hedge funds which includes Diamondback Capital ... Read more...
Posted in Business |
Borders Group CEO Ron Marshall quits
January 27th, 2010 - 1:25 am ICT by Aishwarya Bhatt
New York, Jan 26 (THAINDIAN NEWS) US bookseller Borders Group CEO Ron Marshall has quit. The head of its marketing and merchandising teams, on an interim basis, would replace him. After this ... Read more...
Posted in Business |
‘Recession hits Tyra Banks’ beau’s company’
January 11th, 2010 - 4:20 pm ICT by ANI
New York, January 11 (ANI): Actress Tyra Banks' boyfriend John Utendahl's company Utendahl Capital Management has been hit by economic turbulence, it has emerged.The firm has reportedly undergone a round of layoffs. ... Read more...
Posted in Entertainment |
Citigroup reports continued losses in third quarter
October 16th, 2008 - 8:02 pm ICT by IANS
New York, Oct 16 (DPA) Citigroup extended its financial losses for a fourth quarter, registering a loss of $2.8 billion for the period between July and September. The bank attributed part of ... Read more...
Posted in Business |
London Stock Exchange ‘market of choice’ for Middle East companies (Lead, superseding previous story)
July 18th, 2008 - 11:40 pm ICT by IANS
London, July 18 (IANS) With Kuwaiti private equity fund Global MENA Financial Assets (GMFA) Friday becoming the latest Middle East company to get listed on the London Stock Exchange, this city is ... Read more...
Posted in Business |
Wall Street gains on oil price, retail sales
June 6th, 2008 - 7:40 am ICT by IANS
DPA
New York, June 6 (DPA) US markets rallied Thursday on booming oil prices and strong sales at major discount chains. Energy companies helped lead the advance after oil prices rose by $5.49 ... Read more...
Posted in World |
Chrysler financial loosing it all as customer dissonance goes up
June 3rd, 2008 - 11:18 pm ICT by David M N James
Chrysler financial is making it tops as a lead fiscal issues adviser. The giant online corporate solutions website is run from Chrysler Financial Headquarters located in Farmington Hills, Michigan. In April 2008, ... Read more...
Posted in Business, Events, World, World News |
US stocks rise on inflation data
May 15th, 2008 - 5:49 am ICT by admin
DPA
New York, May 15 (DPA) US stocks rallied Wednesday after government data showed consumer prices had risen less than expected. Prices for US consumer goods rose at a seasonally adjusted rate of ... Read more...
Posted in Business |