Tech stocks are ending the first half of the year on an upbeat note with news that enterprise spending on software lately has been relatively strong. On Friday shares of computer companies led a U.S. market rally in the wake of reports ...
Tags: tech stocks, computer companies, Nasdaq, European debt crisis
Business Standard reported that TATA Group's holding company,TATA Sons,has pledged shares worth over INR 2,600 crore in three flagship group companies. On December 24th,TATA Sons pledged 11 million shares in TATA Motors,10 million in TATA ...
Tags: TATA Group, TATA Sons, INR
Businesses in the EU and the wider world are grossly ill-prepared for a potential collapse of the eurozone, wrongly expecting that they will have plenty of time to prepare for the conversion of one or more countries to a new national ...
Tags: businesses, EU, eurozone, Furlonger, collapse
Reuters reported that Kazakhstan's refined copper and gold output rose in January to November 2012 while production of alumina, zinc and steel fell compared with the same period last year. Data from the State Statistics Agency showed that ...
By John Lee. Iraq made its first major move in years to boost its gold reserves, joining central banks from emerging market economies such as Brazil and Russia in diversifying its foreign reserves. According to a report from the ...
Tags: Iraq, gold reserves, bank, finance
With inward remittance of foreign funds boosting the amount of demand deposits at banks, the annual growth rate of M1B, money supply in narrower definition, advanced to 3.65% in November, while M2, money supply in broader definition, ...
Tags: inward remittance, oreign funds, demand deposits, CBC
Commenting on the RBI decision to maintain status quo on CRR and policy rates,Ms Naina Lal Kidwai President of FICCI said that"While disappointing,the status quo is as was widely expected.The recent moderation in inflation ...
Eight African countries have begun setting up Internet exchange points as part of an ambitious project by the Internet Society and the African Union Commission, aimed at improving interconnectivity between countries and reducing ...
Tags: Internet Society, African Union Commission, interconnectivity
Infrastructure Leasing & Financial Services Limited is a pedigreed Indian institution with a mandate to sponsor, develop and commercialize infrastructure projects and to provide value added financial services. IL&FS stakeholders are ...
Tags: infrastructure projects, financial service, finance, service
Enrico Salvatori, president of Qualcomm Europe, has called for the UK to roll out LTE as soon as possible. The roll-out has problems on a number of fronts: the auction of 4G spectrum has not happened because incumbent operators have ...
Taipei, Sept. 11, 2012 (CENS)--To attract more mainland Chinese investments to Taiwan, the Financial Supervisory Commission (FSC) may ease restrictions on qualified domestic institutional investors (QDIIs) from China to invest in Taiwan's ...
Tags: Taiwan, mainland Chinese, investments, FSC
THE Australian dollar's recent rally may be pausing at the moment,but that doesn't mean it has stopped. Reading between the lines of an interview with Reserve Bank of Australia governor Glenn Stevens this week,there might well be reason ...
Tags: Australian dollar, Aussie, RBA
Reuters reported that German business sentiment climbed for the second month running in December as confidence in the outlook surged more than at any time in the last 2 and 1/2 years, boosting hopes Europe's largest economy will bounce back ...
Tags: business sentiment, climbed, largest economy, business climate index
Reuters reported that London copper slipped bruised by the struggles of US lawmakers to find a fix to a looming fiscal cliff and on a rebound in the dollar after it tumbled following the Federal Reserve's extension of loose monetary policy. ...
Tags: copper, metals, Metal Exchange, metals demand
It goes without saying that China has proven it is a true heavyweight global contender. The herculean growth achieved by China over the past two decades is unprecedented in the annals of human history. China has overtaken Japan to become ...
Tags: China, Standard and Poor's, data, economy