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German and Italian vie to replace Trichet

Central bankers like to give the impression of swan-like serenity, even if there is a lot of paddling going on underwater. For Jean-Claude Trichet, European Central Bank president, stressing continuity and calm has been an important part of combating the global economic crisis.

20 2010 | Viewed: 546 | News / Review of Mass Media | Read full
Sovereign wealth funds open up books

The Abu Dhabi Investment Authority, one of the world's biggest but most secretive state-controlled investment funds, made a small but significant step towards better disclosure by publishing its first annual review this week.

20 2010 | Viewed: 593 | News / Review of Mass Media | Read full
FedEx profit more than doubles, tops expectations

(Reuters) - Package delivery giant FedEx Corp (FDX.N) raised its outlook and posted sharply higher profit, but its shares fell as its domestic volume numbers disappointed investors' hopes for a U.S. economic recovery.

19 2010 | Viewed: 528 | News / Review of Mass Media | Read full
How to get a job in business? Short Buffett

Raj Rajagopal will graduate from business school in May and he's currently looking for a job. But don't expect the Cornell University student to get a call anytime soon from Warren Buffett.

19 2010 | Viewed: 572 | News / Review of Mass Media | Read full
Brown delays EU hedge fund reforms

London's hedge fund and private equity industry won a last-minute reprieve from contentious new European regulations on Tuesday, after Gordon Brown pleaded that the issue be shelved until after the general election.

17 2010 | Viewed: 675 | News / Review of Mass Media | Read full
Analysis: Greece's crisis could presage America's

WASHINGTON - Greece is a financial basket case, begging for international help. Is America heading down that same road?

13 2010 | Viewed: 481 | News / Review of Mass Media | Read full
Wall Street bonuses rise 17% to $20bn

Wall Street bonuses topped $20bn last year, rising 17 per cent from 2008 as US banks emerged from their worst downturn in decades.

24 2010 | Viewed: 551 | News / Review of Mass Media | Read full
Commerzbank hit by ?4.5bn loss

Commerzbank on Tuesday reported trading losses of €561m in the last three months of 2009, forcing Germany's second-largest bank to report a worse-than-expected net loss of €1.9bn ($2.6bn) for the period.

24 2010 | Viewed: 590 | News / Review of Mass Media | Read full
Google in Brussels antitrust inquiry

The European Commission has launched a preliminary antitrust investigation into Google's search engine and its search-advertising service.

24 2010 | Viewed: 643 | News / Review of Mass Media | 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: 644 | 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: 686 | News / Review of Mass Media | 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: 545 | News / Review of Mass Media | 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: 518 | 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: 719 | News / Review of Mass Media | Read full
Foreign demand falls for Treasuries

Foreign demand for US Treasury securities fell by a record amount in December as China purged some of its holdings of government debt, the US Treasury department said on Tuesday.

18 2010 | Viewed: 597 | News / Review of Mass Media | Read full
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