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Business - Page 359

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Asia cautious as Fed expected to taper stimulus in modest steps

Asian markets kept their nerve on Wednesday counting on the Federal Reserve to launch only a modest scaling back of stimulus later in the day, though all assets were vulnerable to any

18th September 2013
Business

Libyana Mobile aims for Tripoli exchange IPO

Libya aims to list one of its two state-owned mobile phone operators with an initial public offering of shares next year, the head of the North African country's telecoms operator said on

18th September 2013
Business

Berlusconi’s Fininvest ordered to pay 494 mln euros in damages

The family holding company of former Italian prime minister Silvio Berlusconi was ordered on Tuesday to pay 494 million euros in damages stemming from the disputed purchase of publisher Mondadori. The final

17th September 2013
Business

FBI says shooter had valid pass to get into Washington Navy Yard

The suspect in the Washington Navy Yard shooting, Aaron Alexis, used a valid pass to gain entry to the base, the FBI said on Tuesday. "Mr. Alexis had legitimate access to the

17th September 2013
Business

Consumer confidence plummets in Japan whilst US stumbles in its recovery

Market Update by FXTM What can only be called a slight mishap occurred last week in the US, when unemployment claims dropped to a six year low of 292K, bewildering analysts nationwide

17th September 2013
Business

Facebook and Twitter said to be unblocked in Iran

Facebook and Twitter became widely accessible to Iranian users on Monday for the first time since 2009, when the services were blocked in the midst of widespread protests against former president Mahmoud

17th September 2013
Business

Wrecked cruise ship Costa Concordia raised off rocks in Italy

Wrecked cruise liner to be towed away for scrap  Salvage crews completed raising the wrecked Costa Concordia cruise liner on Tuesday, officials said after a 19-hour long operation on the Italian island

17th September 2013
Business

Several killed, injured at Washington Navy Yard shooting

Several people were killed and others injured when at least one gunman opened fire at the U.S. Navy Yard in Washington on Monday, authorities said. A Washington police spokesman said five people

16th September 2013
Business

Earthquake felt in Athens, no damage reported

An earthquake shook buildings in the Greek capital on Monday but there were no immediate reports of casualties or damage. A magnitude 4.5 quake struck central Greece just before 15.00 GMT and

16th September 2013
Business

Greek police scuffle with school guards, teachers kick off strike

Greek police fired teargas to disperse school guards trying to enter the Administrative Reforms Ministry in central Athens on Monday as teachers began a strike against public sector layoffs and forced transfers.

16th September 2013
Business
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