World economy
Geithner for extending TARP till October 2
10 Dec 2009
BoA repays $45 billion TARP funds
10 Dec 2009
The bank also paid the government $190 million in accrued dividends on the repurchased preferred securities.
Copenhagen: G77 gives the boot to Danish draft
09 Dec 2009
The G77 group of countries and China, shredded a Danish draft proposal for an agreement on climate change saying it “threatens the success" of the ongoing Copenhagen summit.
10 per cent expatriates lose jobs in Gulf slump
09 Dec 2009
Professionals working in the Gulf have been hit hard by the downturn, with almost two-thirds not receiving any pay hike and one in 10 losing their job this year
Japan unveils $81 billion fresh economic stimulus
08 Dec 2009
The second stimulus package, including the $81 billion in direct spending, would be worth a total of $274 billion in terms of project value.
No rate hike on sight as Fed chief says recovery in US 'fragile'
08 Dec 2009
Bernanke’s remarks dampened speculation that the central bank could begin lifting short-term rates from near zero.
Kuwait fund makes $1.1 billion through Citigroup stake sale
07 Dec 2009
KIA’s $5 billion investment in troubled US banks had been a subject of criticism for quite some time by some member’s of Kuwait’s national assembly
Indian PM to attend Copenhagen summit
05 Dec 2009
The Copenhagen climate summit gathers pace as leading stakeholders either adjust schedules to be present when it matters, or consent to attend - as is now the case with the Indian prime minister.
Uranium mining giant Cameco coming to India
03 Dec 2009
Uranium mining giant Cameco coming to India
03 Dec 2009
Dubai World unwilling to part with ‘crown jewels’
02 Dec 2009
Dubai World wants to retain key revenue-generating assets including port operator DP World and a stake in Standard Chartered, though creditors may force it to sell them
Dubai World unwilling to part with ‘crown jewels’
02 Dec 2009
Dubai World wants to retain key revenue-generating assets including port operator DP World and a stake in Standard Chartered, though creditors may force it to sell them
Dubai World to restructure $26-billion debt
01 Dec 2009
Dubai World today announced a restructuring plan for about $26 billion in debt out of an estimated $59 billion it owes other
Not responsible for Dubai World debts: Dubai
01 Dec 2009
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