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India Economy Grows at Fastest Pace in Six Months After Expanding 8.6% in its Fiscal Fourth Quarter Ended March 2010 on Increased Government and Consumer Spending Hong Kong’s Securities and Futures Commission Announces USD 450k Fine Against Merrill Lynch (Asia Pacific) Ltd and Merrill Lynch Futures (Hong Kong) Ltd for Concealed Losses Prudential Plc Seeks [...]

Sovereign Wealth Fund, The Qatar Investment Authority, Expresses Interest in Buying Part of the US Treasury’s Stake in Citigroup Inc The Organization for Economic Cooperation and Development (OECD) Lifts the Growth Forecast of its Member States to 2.7% in 2010, up from the 1.9% Predicted in November Moody’s Investors Service Maintains its Stable Outlook on [...]

US Senate Passes Bill Providing Sweeping Reform of Financial Regulations on Wall Street in an Attempt to Prevent US Collapse from Recurring British Airways Plc Posts Record Annual Loss of GBP 531mm as the Company Struggled with Strikes and Winter Storms During the Year Abbot Laboratories Inc Acquires India’s Primal Healthcare Ltd’s for USD 3.7B [...]

Yahoo! Inc Purchases Freelance News Site Associated Content in an Attempt to Boost Content Creation Germany’s Ban on “Naked Short Selling” Becomes Effective Today and is Expected to Last Until March 31, 2011 Euro Drops to Lowest Since April 2006 this Morning, After Declining 0.1% to USD 1.2143 per Euro on the German Shorting Ban [...]

Samsung Electronics Co to Increase Capital Expenditure to USD 15.6B, Outspending Rivals to Widen Lead in Sales of Memory Chips and LCD Displays Prudential PLC Begins USD 21B Rights Offering to Finance its Acquisition of American International Group Inc’s (AIG) Asian Unit Euro Falls to Four-Year LO of USD 1.2237 on Renewed Concerns on Health [...]