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Income Slides to 1996 Levels

Median Household Earnings Fall for Third Year, Census Says.

14 2011 | Viewed: 785 | Analytics | Read full
Ghizzoni prepares serious plan for UniCredit

"I've no regrets." Federico Ghizzoni, chief executive of UniCredit, is summing up his first year in the top job at Italy's largest bank by assets.

14 2011 | Viewed: 699 | News / Review of Mass Media | Read full
Time for Germany to make its fateful choice

"Perhaps future historians will consider Maastricht a decisive step towards the emergence of a stable, European-wide power.

14 2011 | Viewed: 472 | News / Review of Mass Media | Read full
UniCredits chief eyes rights issue

UniCredit has given its clearest signal yet that it will seek to raise its capital buffers as market turmoil continues to hit European bank shares.

14 2011 | Viewed: 520 | News / Review of Mass Media | Read full
BofA plans 30,000 job cuts; investors underwhelmed

Bank of America Corp said it is cutting 30,000 jobs in the coming years as it looks to slash annual expenses by $5 billion, but investors were disappointed in the scant new detail the bank provided about its plans.

14 2011 | Viewed: 502 | News / Review of Mass Media | Read full
Warren Buffett picks another little-known successor

Warren Buffett advanced his succession plan on Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway Inc.

14 2011 | Viewed: 532 | News / Theme of day | Read full
UK to push through bank reforms

Britain's banks face some of the world's toughest regulations under reforms outlined on Monday, which require them to insulate their retail lending activities and store up billions in extra capital at a cost of up to 7 billion pounds ($11 billion).

13 2011 | Viewed: 601 | Foreign experience | Read full
JPMorgan chief says bank rules anti-US

New international bank capital rules are "anti-American" and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said.

13 2011 | Viewed: 507 | News / Review of Mass Media | Read full
EU set to act on Caspian pipeline plan

European governments are attempting to revive a stalled effort to beat Russia's effort to bring central Asia's vast natural gas reserves to Europe.

13 2011 | Viewed: 466 | News / Review of Mass Media | Read full
Greek default jitters hammer French banks, euro

Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

13 2011 | Viewed: 494 | News / Theme of day | Read full
French banks hit as SocGen ditches assets

Societe Generale said it would cut costs and sell assets to free up 4 billion euros in fresh capital on Monday, although the surprise move failed to stem a sell-off in French bank shares, driven by fears of a Greek debt default.

13 2011 | Viewed: 436 | News / Theme of day | Read full
NYSE invokes Rule 48 for open

The New York Stock Exchange and NYSE Amex Cash Markets invoked Rule 48 on Monday, as fears of a credit rating downgrade of French banks and the lack of a solution to Greece's debt problem heightened concerns about the euro zone's debt crisis.

13 2011 | Viewed: 481 | News / Theme of day | Read full
After Gaddafi: A spent force

Behind the facade of the Libyan Investment Authority lies an opaque organisation beset by poor investment decisions.

13 2011 | Viewed: 503 | Foreign experience | Read full
What the world must do to boost growth

The world economy is in the midst of the second slowdown of this recovery from the financial crisis of 2008 and 2009.

13 2011 | Viewed: 470 | News / Theme of day | Read full
Obama confronts jobs "crisis" with $447 billion plan

President Barack Obama challenged Congress on Thursday to enact a $447 billion package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship.

12 2011 | Viewed: 508 | Foreign experience | Read full
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Interview

Interview with Sholpan Kozhamkulova

Sholpan Kozhamkulova
Sholpan Kozhamkulova, Ph.D., Assistant Professor, Chair, Department of Journalism and Mass Communication, KIMEP, Almaty

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