Fed will protect U.S. from Europe fallout: Bernanke
Europe's financial crisis still threatens the U.S. recovery, and the Federal Reserve will do everything it can to prevent it from damaging the economy, Federal Reserve Chairman Ben Bernanke said on Thursday.
Eurasian Natural Resources Corporation, the London-listed Kazakh miner, has appointed veteran investment banker Mehmet Dalman as chairman, in a move that sees the departure of Johannes Sittard with immediate effect.
Starbucks and Tata, Now Serving Coffee Across India
Starbucks has finally broken through India's high barriers to entry and partnered with India's flagship conglomerate Tata in a 50-50 joint venture, to start serving coffee and lattes across the country, starting with her two largest cities Delhi and Mumbai.
One-Third of Japan’s Population To Disappear By 2060
Japan faces a significant population crisis over the next century, said the Japanese Health, Labour and Welfare ministry on Monday, after government forecasts estimated that the population would shrink by nearly a third of its current size by 2060.
European Banks Want To Borrow More Than $1 Trillion From ECB
European banks could ask for more than a trillion dollars in loans from the European Central Bank (ECB) next month, reported the Financial Times on Monday, as the ECB prepares for a second money auction designed to avert a possible credit crunch.