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Greenspan: U.S. recovery "extremely unbalanced"

WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economic recovery was "extremely unbalanced," driven largely by high-income people benefiting from recovering financial markets and large corporations.

24 2010 | Viewed: 553 | News / Theme of day | Read full
EU Financial Education Program evaluates its initial results

ASTANA, 23 February 2010 - Today, the EU-funded Financial Education Programme starts its evaluation meetings in Karaganda and Shymkent to review the initial results and discuss further strategies. The programme delivers basic financial education to low-income population in Kazakhstan.

24 2010 | Viewed: 634 | News / Theme of day | Read full
LSE reduces trading costs for large customers

The London Stock Exchange has won a victory in its battle to reduce costs for its large customers after one of its main service providers agreed to change the way it accounted for a key settlement service.

24 2010 | Viewed: 511 | News / Theme of day | Read full
US federal grand jury subpoenas Toyota

Toyota has received a subpoena from a US federal grand jury over its handling of safety problems with its cars, in a development that opens the door to criminal prosecution and hefty fines for the Japanese company.

24 2010 | Viewed: 563 | News / Theme of day | Read full
News Corp in Middle East move

News Corp, Rupert Murdoch's global media empire, is close to buying a stake in Rotana Media, the broadcaster and music group owned by Saudi billionaire investor Prince Alwaleed bin Talal, according to people familiar with discussions between the two groups.

24 2010 | Viewed: 702 | News / Theme of day | Read full
Option Election Deadline Extension 1 March 2010

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA.

JSC ALLIANCE BANK PROVIDES ADDITIONAL INFORMATION TO CLAIMANTS WITH RESPECT TO ITS RESTRUCTURING AND EXTENDS THE DEADLINE FOR MAKING OPTION ELECTIONS TO 1 MARCH 2010.

24 2010 | Viewed: 574 | News / Theme of day | Read full
Dubai Worlds restructuring likely to be a slow process

Dubai's decision in November 2009 to restructure the debts of one its largest state-owned conglomerates was an unexpected bombshell for financial markets, and capped an inglorious year for the Arab Gulf's corporate world.

22 2010 | Viewed: 664 | News / Review of Mass Media | Read full
Oil geopolitics shifts as China taps Saudi crude

Saudi Arabia's oil exports to the US last year sank below 1m barrels a day for the first time in two decades just as China's purchases climbed above that level, highlighting a shift in the geopolitics of oil from west to east.

22 2010 | Viewed: 705 | News / Review of Mass Media | Read full
The euro will face bigger tests than Greece

Otmar Issing, one of the fathers of the euro, correctly states the principle on which the single currency was founded.

22 2010 | Viewed: 541 | News / Theme of day | Read full
Kazakh state oil firm eyes Karachaganak stake

ASTANA (Reuters) - Kazakh state oil company KazMunaiGas wants to acquire a stake in Karachaganak, a gas condensate project led by BG (BG.L) and Eni (ENI.MI), KazMunaiGas head Kairgeldy Kabyldin said on Thursday.

21 2010 | Viewed: 563 | News / Review of Mass Media | Read full
Fed hikes discount rate but not tightening policy

WASHINGTON (Reuters) - The U.S. Federal Reserve on Thursday made its first interest rate move since December 2008, hiking an emergency lending rate it charges banks, but insisted borrowing costs would not rise for consumers or companies.

21 2010 | Viewed: 558 | News / Theme of day | Read full
Rival media attack BBCs apps plan

Newspapers and broadcasters have leapt on the BBC's plans for a range of mobile phone applications - apps - as the latest demonstration that the corporation is exceeding its remit.

21 2010 | Viewed: 558 | News / Theme of day | Read full
REFILE-Kazakh bank Alliance files for bankruptcy in U.S.

* Alliance seeks Chapter 15 protection

* Larger lender, BTA Bank, made similar filing

* Protection sought while bank restructures in Kazakhstan (Corrects case citation number)

NEW YORK, Feb 16 (Reuters) - Alliance Bank ASBN.KZ, one of Kazakhstan's largest lenders, filed on Tuesday for U.S. bankruptcy law protection to shield its assets from creditors in the United States, while it restructures more than $5 billion of debt at home.

18 2010 | Viewed: 672 | News / Theme of day | Read full
Busy Buffett ends an annual meeting tradition

NEW YORK (Reuters) - There's only one Warren Buffett to go around, and non-U.S. investors will get less of him this year.

18 2010 | Viewed: 530 | News / Review of Mass Media | Read full
Buffett's Berkshire cuts Conoco, J&J, P&G stakes

NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc reported lower stakes in ConocoPhillips, Johnson & Johnson and Procter & Gamble Co in the fourth quarter, reducing several of its biggest investments as it prepared to complete its takeover of railroad company Burlington Northern Santa Fe Corp.

18 2010 | Viewed: 738 | News / Review of Mass Media | Read full
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