Investing in the world’s best balance sheets
At the G20 summit in Toronto last month, the leaders of world’s largest economies embraced a brave new theme: Halting the alarming, potentially ruinous growth in already mountainous sovereign debt.
Florida bets on Feinberg
Business owners in Florida believe Kenneth Feinberg will manage the $20 billion oil spill claims fund fairly and efficiently, but because of the complicated nature of their claims, they’re anxious about how much they’ll get paid.
California workers stiffed again
California’s state workers just can’t catch a break.
Why a top Facebook app maker vanished
Facebook said Wednesday it has deleted all applications created by Pencake, wiping out widgets used by an estimated 45 million Facebook members.
Oil prices drift lower
Oil drifted lower Wednesday, continuing a slide from an 11-week high above $79 a barrel reached last week, as a drop in consumer sentiment and an unexpected build in inventories weighed on prices.
Minerals body slammed for silence on tax
The Minerals Council of Australia should have protested when the government stitched up a compromised tax deal with three sector giants, a mining club says.
British PM to push Indian leaders on open trade
NEW DELHI (AFP) – British Prime Minister David Cameron will push Indian leaders Thursday to strengthen trade ties on the second leg of a visit marked by his warning to Pakistan about promoting the & quot;export of terror. & quot;
New British lender Metro Bank opens first branch
LONDON (AFP) – Metro Bank, Britain’s first new high street lender for more than 100 years, opens its first branch to the public Thursday in a move aimed at shaking up the country’s retail banking sector.
Centro refinances and extends debt
Shares in Centro Properties Group rose after it announced it would refinance and extend the debt of its US business as the restructure of the company continued.
Australia shares slip; Mitchell, iiNet trade halted
MELBOURNE, July 29 (Reuters) – Australian stocks fell 0.5 percent on Thursday in a broad-based reversal after four straight days of gains, with financial stocks pulling the market lower after downbeat economic signs from the United States.
