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Latest Financial News

Banks play down Dubai exposure, markets still wary

27th November 2009 (Source: Reuters)

By Raissa Kassolowsky and Natsuko Waki

DUBAI/LONDON (Reuters) - Banks outside the Gulf played down on Friday their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Read More >>



Shoppers hit Black Friday sales with pared budgets

27th November 2009 (Source: Reuters)

By Michele Gershberg and Dhanya Skariachan

NEW YORK (Reuters) - Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would spend on family members and on themselves. Read More >>


China says no emissions checks without foreign funds

27th November 2009 (Source: Reuters)

BEIJING (Reuters) - A top Chinese climate envoy said on Friday only emissions curbs carried out under its newly announced carbon intensity targets that have international financial support will be open to outside scrutiny. Read More >>


Old fridge? Here comes ‘Cash for Appliances’

27th November 2009 (Source: MSNBC)

By Peter Whoriskey

WASHINGTON - In U.S. history, there may have been no better time to own a junk car, a rattling old fridge and a leaking dishwasher. Read More >>


Holiday Web shopping looks brighter

26th November 2009 (Source: MSNBC)

By Associated Press

SAN FRANCISCO - Online retailers hope the convenience of the Web, plus discounts and deals, spur still-nervous shoppers to spend more online this holiday season — even as traditional retailers brace for mediocre sales. Read More >>

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