Business Today

  • Global equities extend losing streak
    published on May 18th, 2012 at 06:48 AM
    Growth assets shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds to record lows
  • Spain taps Goldman to value Bankia
    published on May 18th, 2012 at 06:48 AM
    US investment bank will advise on the recapitalisation of the part-nationalised bank, with analysts predicting it will need up to €15bn in new equity
  • Iran helps Syria defy oil embargo
    published on May 18th, 2012 at 06:48 AM
    A tanker attempts to evade detection by switching flags and ownership, as it assists the Assad regime in bypassing international sanctions
  • Facebook trading likely to be volatile
    published on May 17th, 2012 at 06:48 AM
    Some experts predict that the strong initial pricing of the social networking group’s shares will limit their first day “pop”
  • Merkel faces G8 isolation on eurozone
    published on May 17th, 2012 at 06:48 AM
    Billed as a euro crisis summit, world leaders at Camp David are expected to push the German chancellor on measures to stimulate growth in Europe
  • JPMorgan unit has $100bn of risky bonds
    published on May 17th, 2012 at 06:48 AM
    Chief investment office that lost $2bn builds up huge positions in complex products at the heart of 2008 crash – but bank plans to lower its exposure
  • Dimon to testify before Senate
    published on May 17th, 2012 at 06:48 AM
    Jamie Dimon will appear before the upper house’s banking committee in the wake of his bank’s $2bn trading losses on credit derivatives
  • Chesapeake’s rivals circle ahead of sales
    published on May 17th, 2012 at 06:48 AM
    The group has to jettison some of its best properties to stay aloft and competitors are gathering to see how much they will be able to pick up
  • Gulf union yet to attain modest goals
    published on May 17th, 2012 at 06:48 AM
    Questions over the strength of political will for closer ties cloud attempts for the Gulf Co-operation Council to reach political accord