Business and Finance news
February 22, 2012
The Asian Development Bank said it is in talks with donor countries to fund at least $12 billion required for loans and grants to projects in poor countries from 2013 to 2016.
The Asian Development Fund will need an estimated $12 billion to $13 billion for the period, and negotiations with donors to restock the […]
February 11, 2012
Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But some economists remain concerned that the region’s debt crisis will still weigh on the U.S. economy this year.
The Commerce Department said Friday that the overall trade deficit widened to $48.8 billion in December because imports grew […]
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February 8, 2012
Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.
The approval from Chinese banking authorities was announced by the bank’s parent, Citigroup (, Fortune 500), Monday. The card is expected to be issued sometime later this year.
"This approval represents a significant milestone in […]
February 6, 2012
European leaders maintained pressure on Greece to accept terms demanded by international lenders during a weekend of talks to avert a financial collapse.
Interim Greek Prime Minister Lucas Papademos struck a tentative deal with party leaders to boost economic competitiveness and extend spending cuts after euro-area finance chiefs told them an increase in the 130 […]
January 24, 2012
Britain
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January 5, 2012
SPREAD THE REGION: Sandy Weber, VP and district director with US Bank, has been elected to a one-year term as chairwoman of North County Inc., a regional development organization.
Weber succeeds Patty Gould, the Pattonville School District’s school and business partnership director, who was chair of the board for 2011.
In announcing Weber’s appointment, Gould said Weber […]
January 2, 2012
U.K. Prime Minister David Cameron pledged more action to deal with
November 24, 2011
World stock markets edged higher Thursday as speculation that China might ease its monetary policy soothed fears that the German economy _ Europe’s strongest _ may be succumbing to the continent’s debt crisis.
Benchmark oil hovered above $96 per barrel while the dollar fell against the euro and the yen.
European shares rose in early trading, tracking […]
November 16, 2011
South Korea’s main opposition party said Wednesday it will not support a free trade deal with the United States unless a key sticking point is addressed, dimming prospects for a quick approval.
President Barack Obama signed off on the deal after congressional approval last month. But South Korea’s opposition lawmakers have refused to ratify the deal, […]